Senior Economist (Public Trust)

Praescient Analytics • Bethesda, MD

5h • Hybrid

About The Position

Praescient Analytics is seeking a highly qualified Senior Economist to support the U.S. Consumer Product Safety Commission (CPSC) in modernizing its data infrastructure and analytical capabilities. This position will will play a critical role in the strategic evolution of how the CPSC utilizes data to protect the public from product-related risks. The Senior Economist will lead complex regulatory and economic analyses to support CPSC rule making activities. This role involves creating sophisticated benefit/cost models, conducting market analyses, and providing expert testimony in legal proceedings. You will leverage a modernized cloud-native environment (Microsoft Azure) to perform advanced statistical analysis and machine learning, ensuring data-driven regulatory responses to emerging consumer product hazards.

Requirements

• Minimum of 10+ years of experience conducting cost-benefit analysis, economic analysis, and state/federal regulatory evaluations.
• 5+ years of experience utilizing best-practice cost-estimating frameworks and tools.
• Specialized Expertise: 3+ years of experience reviewing medical expenditure and medical survey data.
• 3+ years of experience evaluating the effectiveness of health and safety interventions.
• 3+ years of experience estimating both tangible and non-tangible effects of non-fatal injuries.
• Technical Skills: 3+ years of hands-on experience creating economic models using Python and Azure cloud services.
• 3+ years of advanced proficiency in MS Excel (e.g., arrays, financial, statistical, and lookup functions).
• 2+ years of experience with SQL for data manipulation and querying.
• Proficiency in dashboard visualization tools such as Power BI
• Communication: Strong oral and written communication skills specifically tailored for data storytelling and executive-ready presentations.
• Clearance: Minimum of a Public Trust ( U.S. Citizenship is Required)

Responsibilities

• Regulatory Analysis: Perform comprehensive regulatory analysis of CPSC proposed rules, including the preparation of detailed reports for the Commission.
• Economic Modeling: Develop robust benefit/cost and statistical/regression models that adhere to industry best practices.
• Data Acquisition & Analysis: Gather and evaluate vast amounts of consumer product data and industry information for both public and private firms.
• Advanced Analytics: Utilize machine learning and statistical tools within the Azure cloud environment to fully leverage the value of existing agency data.
• Expert Testimony: Provide expert testimony in court cases involving CPSC regulatory actions.
• Strategic Research: Conduct primary and secondary research to improve CPSC benefit/cost estimation methods.
• Stakeholder Engagement: Perform technical interviews with subject matter experts, private industry executives, and government officials.
• Project Leadership: Manage large, complex analytical projects concerning federal regulations characterized by high levels of uncertainty.

Benefits

• Very competitive salary based on qualifications and experience
• Comprehensive, Company paid healthcare for you (We pay your premiums and deductibles)
• 401(k) with company match
• Travel & performance incentives
• 3 weeks paid time off (plus Federal Holidays)
• $5K annual training allowance
• $500 book allowance

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed