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Market Design Engineer III or Economist

Job in Carmel, Hamilton County, Indiana, 46033, USA
Listing for: Misoenergy
Full Time position
Listed on 2026-02-03
Job specializations:
  • Engineering
    Electrical Engineering, Systems Engineer
Salary/Wage Range or Industry Benchmark: 115000 - 140000 USD Yearly USD 115000.00 140000.00 YEAR
Job Description & How to Apply Below

Location:

Indiana, 720 City Center Drive, Carmel, IN 46032, USA

As our Market Design Engineer or Economist
, you will be on a team responsible for engineering, analytical, and studies on overall power market and operation performance, efficiency, behaviors, and the impact of market rules. You will also investigate and make improvements to market models and algorithms.

As our Market Design Engineer or Economist
, you will also be part of a great team that will propose, design, develop, and evaluate new wholesale electricity market design initiatives and impacts on market structure due to industry evolution. You will have the opportunity to influence outcomes and improve processes.

Responsibilities
  • Perform engineering, statistical, and economic analysis on system and market operations, market products, behavior, and outcome.
  • Understand the mechanics of the MISO market systems and how they fit together.
  • Coordinate internally and externally to communicate results, resolve issues, and implement improvements.
Qualifications
  • Bachelor’s degree in electrical engineering, computer engineering, electrical engineering technology, electrical and computer engineering, electrical and electronic engineering, electronics and computer engineering technology, economics, or mathematics.
  • At least five years of job‑related experience is highly preferred.
  • Experience in a deregulated wholesale electricity market or utility experience within any of the following: power system analysis & operation and associated software development, statistical and econometrics analysis, market analysis and design, optimization algorithms, econometrics.

Appropriate level will be determined based upon experience and knowledge.

Compensation & Benefits

The base salary compensation range being offered for this role is $115,000–$140,000 USD annually, in accordance with state and local pay‑trans legislation. Salary may vary based on location, competencies, educational or professional certifications, and qualifications.

Position is also eligible for an annual bonus if individual performance and company objectives are met. At MISO we offer a comprehensive benefits package, including 401(k), vacation, sick and safe time, available on your first day of employment.

Equal Opportunity Statement

Equal Opportunity Employer. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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