Principal Engineer, Asset Management; Hybrid

Principal Engineer, Asset Management (Hybrid)

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Eligibility and Sponsorship

Eversource will not offer immigration‑related sponsorship for this position. Applicants who require immigration sponsorship—either now or in the future—should not apply. This includes, but is not limited to, direct company sponsorship, listing Eversource as the employer of record on immigration documents, or any work authorization that requires company involvement or documentation (e.g., H‑1B, OPT, STEM OPT, CPT, TN, J‑1, O‑1, etc.).

Hybrid Work Schedule

Eversource supports work‑life balance by offering hybrid schedules for certain roles. Eligibility is based on job responsibilities, operational needs, nature of work and team dynamics. Current guidelines require employees to work at least three days in the office, including Tuesdays and Wednesdays, with the third day set by the employee and supervisor based on department needs. These guidelines apply to roles approved for remote work and are subject to change, based on managerial discretion and work performance.

All applicants must be able to work up to five days in the office if needed (for example: emergencies, training, or other business needs) or if the policy changes.

This position seeks an experienced and strategic Principal Electrical Asset Management Engineer to drive asset management goals for the Eversource electric transmission system (69kV and above) across all Eversource territories. The role plays a critical part in ensuring system reliability, regulatory compliance, and cost‑effective long‑term infrastructure planning. The successful candidate will provide technical leadership in developing and evaluating asset health and project prioritization planning and modeling, investigating potential investment opportunities, driving lifecycle investment strategies, and producing optimized asset management investment plans while minimizing reliability risk and maximizing system performance.

• Asset Strategy Development: Lead the development and implementation of comprehensive asset management plans for electrical infrastructure including substations, transformers, circuit breakers, protection systems, overhead and underground transmission lines.
• Data‑Driven Decision Making: Analyze condition assessment data, inspection reports, outage records, and performance metrics to assess asset health and determine prioritization of capital and O&M investments.
• Capital Budget Planning: Oversee development and prioritization of the Transmission capital budget, ensuring that Eversource’s highest priority needs are met.
• Asset Lifecycle Management: Develop and maintain asset lifecycle models to support long‑term planning and replacement planning.
• Risk Assessment & Mitigation: Develop probabilistic and consequence modeling to evaluate asset risk, recommend mitigation strategies, and support the integration of risk‑based decision‑making into capital planning.
• Cross‑Functional Leadership: Collaborate with engineering, project management, operations, finance, regulatory, and planning teams to align asset decisions with business objectives and regulatory expectations.
• Regulatory & Compliance Support: Provide technical documentation and justifications to support regulatory filings and rate‑case submissions.
• Technology Integration: Support the adoption of modern asset management technologies including an Asset Management Performance System (APM) and machine learning.
• Mentorship & Guidance: Mentor junior engineers and serve as the technical SME for asset management best practices and standards (e.g., ISO 55000, NERC, FERC, ISO‑NE).

• Identify, initiate, and prioritize projects for inclusion in the one‑year and five‑year Capital Budget Plan.
• Works with Engineering, Project Management, and Cost Estimating to develop detailed project scope, cost, and schedule.
• Lead interdisciplinary project team to select the best solution, document alternatives analysis, and present project approval justifications to the Solution Design Committee and/or Eversource Project Approval Committee.

• Undergraduate…