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Market Design Engineer III or Economist

Midcontinent Independent System Operator

Midcontinent Independent System Operator

Design
Carmel, IN, USA
USD 115k-140k / year
Posted on Jan 21, 2026

As our Market Design Engineer or Economist, you will be on a team which is 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.

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

In one year, you will know you’re successful if:

  • You can perform engineering, statistical, and economic analysis on system and market operations, market products, behavior, and outcome.
  • You understand the mechanics of the MISO market systems and how they fit together.
  • You coordinate internally and externally to communicate results, resolve issues, and implement improvements.

Our next Market Design Engineer or Economist will be an engineer/economist who has:

  • Bachelor’s degree in electrical engineering, computer engineering, electrical engineering technology, electrical and computer engineering, electrical and electronic engineering, or electronics and computer engineering technology, economics or mathematics.
  • At least five years’ 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 would be preferred.

Appropriate level will be determined based upon experience and knowledge.

This is your opportunity to shape the future of energy. Apply today and join us in revolutionizing the transmission industry!

The base salary compensation range being offered for this role is $115,000-$140,000 USD annually. Base salary range for this position is included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, and qualifications/experience.

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 401k, vacation, sick and safe time, available on your first day of employment.

Transformative innovation is happening in the electric industry, from digitalizing homes and distributed resources to renewable energy and an ever-changing grid. MISO manages the electricity superhighway in the Central U.S. and using groundbreaking research and sophisticated technology, our highly skilled employees ensure power flows reliably to 47 million Americans. Operating the electricity grid, running a robust energy market, planning for a bright future – it’s what our immensely hard-working and dedicated team does every day.

MISO, The Work We Do

Join #TeamMISO to be a driving force as we build the grid of the future.

MISO offers a comprehensive benefits package available on your first day of employment.

#DiscoverMISO #MISOCareers #LifeatMISO #TeamMISO #WeAreMISO

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