NERA – Immediate Hire Researcher – Auctions (NYC)

Marsh McLennan•New York, NY
•$95,000 - $100,000•Hybrid

About The Position

NERA is hiring a Researcher for its Auctions Group in its New York City office. The group uses quantitative methods to design and manage auctions, primarily in the energy and renewable energy sectors; develop bidding strategies for auction participants; and analyze market pricing. The Researcher will work independently within a team environment on designing and conducting energy auctions, empirical analyses, modeling, and interfacing with regulatory authorities. NERA is a global economic consulting firm whose experts apply economic, finance, and quantitative principles to complex business and legal challenges. The company describes its work environment as collegial, with opportunities to learn and connect with staff at all levels. Marsh’s hybrid-work policy expects colleagues to work from their local office or onsite with clients at least three days per week; office-based teams identify at least one weekly anchor day for in-person collaboration.

Requirements

  • Bachelor’s degree in economics, finance, mathematics, statistics, the environment/energy sector, or a related field.
  • Strong academic record.
  • Exceptional analytical and quantitative skills.
  • Interest in and/or experience with game theory.
  • Ability to communicate complex analyses clearly and coherently.
  • Ability to work independently within a team environment.

Nice To Haves

  • Prior experience in energy markets, especially renewable energy markets.
  • Master’s degree in economics, business, or the environment.

Responsibilities

  • Design and conduct energy auctions.
  • Conduct empirical analyses and modeling.
  • Develop bidding strategies for bidders in auctions.
  • Analyze market pricing.
  • Interface with regulatory authorities.

Benefits

  • Health and welfare benefits.
  • Tuition assistance.
  • 401(k) savings and other retirement programs.
  • Employee assistance programs.
  • The position may be eligible for performance-based incentives.
  • Competitive total rewards package.
  • Professional development opportunities.
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