Risk Analytics - College Intern

Requisition ID:  82715 

NextEra Energy Marketing is one of the nation’s leading electricity and natural gas marketers. We are responsible for electricity and fuel management for all of NextEra Energy Resources’ generation fleet, which includes the largest renewable energy portfolio in North America. We also provide marketing and trading services to electric and gas utilities, municipalities, cooperatives and other load-serving entities, as well as to owners of electric generation facilities. Are you interested in customizing power and gas solutions to meet each client’s needs? Join our world-class team today!

Position Specific Description

NextEra Energy's Full Requirements Team is seeking focused and analytical college students with a passion for finance and statistics for summer internships. Our team operates on the power marketing trade floor, concentrating on the valuation of electricity load following deals, encompassing the sale of power, capacity, and ancillary services to utilities in PJM and ISO New England.

Internship Responsibilities:

As a summer intern, you will be involved in critical projects that support the valuation team's objectives. You’ll have the opportunity to:

Develop and Maintain Models: Assist in the development, implementation, and maintenance of financial, statistical, and commodity-focused models, templates, programs, and processes. Your work will support accurate and reliable valuations.

Analyze and Forecast: Conduct thorough financial valuations of wholesale power derivatives, including load following, deterministic, and block energy products, often bundled with capacity and renewable energy credits. Utilize historical data analysis, multiple linear regression, Monte Carlo simulations, scenario analysis, and proprietary models to enhance valuation accuracy.

Conduct Market Research: Research and analyze laws, regulations, tariffs, and market procedures in various markets to create models and forecast applicable costs. Your research will directly inform and refine our valuation processes.

Develop Energy Forecasts: Participate in regional forecasting for energy, volatility, capacity, renewable energy credits, and ancillary services. Use quantitative methods to produce detailed and accurate forecasts.

Assess Financial Products: Perform ad hoc analysis of forwards, futures, options, interest rates, market conditions, exotic structures, weather products, and other financial or commercial assignments. Your findings will contribute to achieving the team's objectives.

Required Skills and Knowledge:

Technical Proficiency: Solid understanding of algebra, statistics, probability, present value, portfolio theory, risk and return, discounted cash flows, comparable analysis, energy markets, logic, binomial tree modeling, and calculus.

Programming and Systems: Experience with coding, data management, information systems, and project management to effectively deliver valuation systems.

Why This Internship:

This internship offers a unique opportunity to engage with real-world financial and commodity markets on a power marketing trade floor. Interns will gain practical experience in the development and application of sophisticated models and forecasts, directly impacting business decisions involving substantial financial investment.

We seek individuals with a serious commitment to analytical rigor and precision. If you are prepared to contribute to significant projects and meet the high standards required in this dynamic environment, consider applying for a summer internship with NextEra Energy's Quantitative Analysis Team.

NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.

Employee Group:  Non Exempt
Employee Type:  Intern
Job Category:  Intern
Organization:  NextEra Energy Marketing, LLC 
Relocation Provided:  No

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.

NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.