Principal Engineer, Asset Management (Hybrid)

Location: Hartford, CT, United States of America, Westwood, Massachusetts, United States, Manchester, New Hampshire, United States

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.).

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 should the policy change.  

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. This 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.

Essential Functions:

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, 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 (Subject Matter Expert) for asset management best practices and standards (e.g., ISO 55000, NERC, FERC, ISO-NE).

Project Development Responsibilities:

• 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

Minimum Qualifications:

• 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

Working Conditions:

• Must be available to work emergency restoration assignment as required.

• Must be available to travel between MA/CT/NH as necessary.

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Competencies:

Build trusting relationships

Manage and develop people

Foster teamwork and cross-functional collaboration

Lead change

Communicate strategic vision

Create an engaged workforce

Focus on the customer

Take ownership & accountability

Compensation and Benefits:

Eversource offers a competitive total rewards program. Check out our careers site for an overview of our benefits programs. Salary is commensurate with your experience. This position is eligible for a potential incentive. The annual salary range for this position is:

Worker Type:

Number of Openings:

Emergency Response:

Responding to emergency situations to meet customers’ needs is part of every employee’s role. If employed, you will be given an Emergency Restoration assignment.  This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location. 

EEO Statement:

Eversource Energy is an Equal Opportunity and Affirmative Action Employer.  All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.

VEVRRA Federal Contractor