Hybrid Principal Engineer, Asset Management

at Eversource Energy

• Job title: Principal Engineer, Asset Management
• Job type: Full Time
• Experience level: Lead
• Salary: $140,590 - $156,210 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Hartford, United States

About the role

• Principal Engineer driving asset management goals for Eversource electric transmission system. Leading technical efforts in asset health, project prioritization and lifecycle investment strategies.

Responsibilities

• 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.
• Analyze condition assessment data, inspection reports, outage records, and performance metrics to assess asset health and determine prioritization of capital and O&M investments.
• Oversee development and prioritization of the Transmission capital budget, ensuring that Eversource’s highest priority needs are met.
• Develop and maintain asset lifecycle models to support long-term planning and replacement planning.
• Develop probabilistic and consequence modeling to evaluate asset risk, recommend mitigation strategies, and support the integration of risk-based decision-making into capital planning.
• Collaborate with engineering, project management, operations, finance, regulatory, and planning teams to align asset decisions with business objectives and regulatory expectations.
• Provide technical documentation, justifications to support regulatory filings and rate case submissions.
• Support the adoption of modern asset management technologies including an Asset Management Performance System (APM) and machine learning.
• Mentor junior engineers and serve as the technical SME (Subject Matter Expert) for asset management best practices and standards (e.g., ISO 55000, NERC, FERC, ISO-NE).

Requirements

• Undergraduate degree in engineering required; electrical engineering strongly preferred
• Master’s degree in electrical engineering or related engineering field preferred
• Professional Engineer (PE) license strongly preferred
• 10+ years of experience in electrical utility engineering, with 5+ years in asset management or lifecycle planning
• Deep knowledge of electric transmission and distribution systems
• Strong understanding of industry regulations, reliability standards, and risk modeling methodologies
• Proficiency in data analytics tools and asset management software
• Excellent written and verbal communication skills, with ability to present complex technical concepts to non-technical audiences.

Benefits

• Eversource offers a competitive total rewards program.
• Check out our careers site for an overview of our benefits programs.