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Modeling Simulation Analyst Jobs in Princeton Junction, NJ

... models for cross-commodity correlations and relationships, simulate returns of various strategies in the power markets, and find ways to improve our existing desk strategies. About You * 5+ years of ...

... models for cross-commodity correlations and relationships, simulate returns of various strategies in the power markets, and find ways to improve our existing desk strategies. About You * 5+ years of ...

VP, Credit Risk Modeling

New York, NY · On-site

$160K - $175K/yr

Partner with investment teams, and finance to embed credit risk analytics into portfolio monitoring ... Deep expertise in portfolio credit risk frameworks - transition matrices, Monte Carlo simulation ...

Showing results 41-60

Modeling Simulation Analyst information

See Princeton Junction, NJ salary details

$41.1K

$106.6K

$151.6K

How much do modeling simulation analyst jobs pay per year?

As of Aug 21, 2026, the average yearly pay for modeling simulation analyst in Princeton Junction, NJ is $106,593.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,600.00 and $136,300.00 per year, depending on experience, location, and employer.

What is a modeling simulation analyst?

Modeling Simulation Analysts are professionals who use mathematical models, simulations, and analytical techniques to study complex systems and predict their behavior. They help organizations make informed decisions by evaluating scenarios, testing hypotheses, and optimizing processes through virtual models. These analysts work in various industries, including defense, healthcare, manufacturing, and transportation, to improve efficiency, reduce costs, and support planning and strategy. Their work often involves collaboration with engineers, scientists, and decision-makers to interpret simulation results and implement solutions.

How does a modeling simulation analyst typically collaborate with cross-functional teams during a project?

Modeling Simulation Analysts frequently work alongside engineers, data scientists, and project managers to develop and refine simulation models. Collaboration often involves gathering system requirements, validating model assumptions with subject matter experts, and presenting simulation results to stakeholders. Clear communication is essential, as analysts must translate complex simulation data into actionable insights for decision-makers. Regular team meetings and iterative feedback are common to ensure the models accurately reflect real-world scenarios and project goals.

What are the key skills and qualifications needed to thrive as a modeling simulation analyst, and why are they important?

To thrive as a Modeling Simulation Analyst, you need a strong background in mathematics, statistics, and computer science, often supported by a relevant degree such as in engineering or applied mathematics. Proficiency in simulation software (e.g., MATLAB, Simulink, Arena), programming languages (such as Python or C++), and familiarity with data analysis tools are typically required. Strong analytical thinking, attention to detail, and effective communication skills set top candidates apart in this role. These abilities are vital for developing accurate models, interpreting complex data, and clearly presenting findings to support strategic decision-making.

What is the difference between Modeling Simulation Analyst vs Data Analyst?

AspectModeling Simulation AnalystData Analyst
Required CredentialsBachelor's or master's in engineering, computer science, or related fields; proficiency in simulation softwareBachelor's in statistics, mathematics, or related fields; proficiency in data analysis tools
Work EnvironmentEngineering labs, simulation centers, or technical departmentsOffice settings, data centers, or business environments
Employer & Industry UsageManufacturing, aerospace, defense, or engineering firmsFinance, healthcare, marketing, or business sectors
Common Search & ComparisonYesYes

The Modeling Simulation Analyst focuses on creating and analyzing simulations to predict system behaviors, often requiring engineering or technical expertise. In contrast, Data Analysts interpret data sets to inform business decisions, typically using statistical tools. While both roles involve data handling, the Modeling Simulation Analyst emphasizes modeling complex systems, whereas Data Analysts focus on data interpretation for strategic insights.

Is modeling a high paying job?

Modeling simulation analysts often earn competitive salaries, especially with experience and advanced skills in programming, data analysis, and simulation tools. Salaries can vary based on industry, location, and level of expertise, but the role generally offers above-average compensation compared to many entry-level positions.

What does a modeling simulation analyst do?

A modeling simulation analyst develops and runs computer models to analyze complex systems and predict outcomes. They use specialized software and data analysis skills to support decision-making in fields like engineering, defense, or manufacturing, often working with large datasets and simulation tools. The role requires strong analytical skills, attention to detail, and knowledge of modeling techniques and programming languages.

What job categories do people searching Modeling Simulation Analyst jobs in Princeton Junction, NJ look for?

The top searched job categories for Modeling Simulation Analyst jobs in Princeton Junction, NJ are:

What cities near Princeton Junction, NJ are hiring for Modeling Simulation Analyst jobs?

Cities near Princeton Junction, NJ with the most Modeling Simulation Analyst job openings:

Infographic showing various Modeling Simulation Analyst job openings in Princeton Junction, NJ as of July 2026, with employment types broken down into 67% Full Time, 7% Part Time, and 26% Contract. Highlights an 67% Physical, 5% Hybrid, and 28% Remote job distribution, with an average salary of $106,593 per year, or $51.2 per hour.

PLEXOS Modeling Consultant

Energy and Environmental Economics

New York, NY • Hybrid

$97K - $135K/yr

Full-time

Re-posted 8 days ago


Job description

Why You Should Join the E3 Team 
 
When you join the E3 team, you will be working on some of the most important energy issues with some of the top minds in the industry. We help shape energy and climate policy, play vital roles in regulatory proceedings, advise executives, and inform investment and planning selections. At E3, you will be challenged and inspired.  
 
Who We Are 
 
Founded in 1989, Energy + Environmental Economics (E3) is a growing energy consulting firm that helps utilities, regulators, policy makers, developers, and investors make the most educated strategic decisions possible as they implement new public policies, deploy and develop new technologies, and address customers’ shifting expectations. We have offices in San Francisco, New York City, Boston, Denver, and Calgary.
 
Because E3 works with customers from all sectors of the electricity industry, we provide a 360-degree knowledge of markets, planning, policy, regulation, and environmental factors. Just as important, we are driven to deliver clear, unbiased evaluations that help customers make informed decisions.   
 
E3 works on high-profile, high-impact projects in jurisdictions that spearhead the implementation of clean energy policy. In California, Hawaii, and New York, we are advising state agencies and regulators about how to implement clean energy policies with an emphasis on customer incentives and markets.
 
E3 has a growing team of skilled PLEXOS modelers. We work together to pursue innovative approaches to apply production simulation (ST) and capacity expansion (LT) tools to our clients’ cutting-edge operational and planning questions and to develop our own industry-leading forecasts of long-term evolution of major U.S. and Canadian power markets. 
 
About You 
 
We look for people who combine strong analytical dexterity and/or policy experience with integrity and a passion for energy. Our Consultants love to examine, research, and offer creative solutions to some of the most elaborate and important energy issues of the day. You bring curiosity, thrive in a rigorous and quantitative solution-finding environment, take a proactive approach to assist the team, and are practiced at clearly presenting information to a variety of stakeholders. We seek those that are inquisitive and look at all sides of an issue to make informed recommendations with confidence and clarity. You pride yourself in your attention to detail and your organizational techniques help you create and actualize work plans that are efficient while delivering an elevated level of guidance to serve our customers.  
 
The Work 
 
The Consultant is a vital contributor to our team and project work. The position assists and/or spearheads client-facing interactions and plays an engaged role in identifying the approach and methods for project tasks. Our consultants direct workstreams within projects and contribute heavily to written reports and papers. Our consultants have the opportunity to deliver findings and summaries to customers, making presentations and replying to questions. Duties will grow to include more elaborate investigative tasks, core QA/QC of products, and becoming a technical head on various project needs and/or a flagship modeling tool.  
 
Practice Areas 
 
We’re highly collaborative, but everyone is encouraged to pursue their own practice areas of interest. At E3, our Practice Areas include:  
- Climate Pathways and Electrification 
- Asset Valuation, Transmission, and Markets 
- Integrated System Planning 
 
General 
 
- Hours: Full Time 
- Type: Exempt 
- Practice Area: Open  
- Travel: 0-10%% 
- Office Location: Hybrid work schedule from our office in downtown San Francisco, New York, Boston, Calgary or Denver 
 
Work Environment 
 
E3 allows employees to enjoy a hybrid and flexible work environment that adapts to the changing needs of projects. We thrive in a strong collaborative office-based working environment but also adapt to remote work when flexibility is needed. Employees must be able to work for extended hours in front of a computer screen and conduct meetings on the telephone and virtually.  
  
Responsibilities
  • Develop PLEXOS production simulation (ST) and/or capacity expansion (LT) models that address client-specific questions and/or forecast future market fundamentals over a multi-year period
  • Strategize on best modeling approaches to tackle specific questions and discuss the analysis plan with our expert PLEXOS modeling team and project leads
  • Gather relevant data from clients and a range of available sources and translate this information to be represented and modeled accurately
  • Apply core QA/QC best practices to debug simulation cases, view and critically assess results, refine model setup and cases, and recommend additional scenarios to explore
  • Translate results of simulation cases and research into clear visual representations
  • Make modifications to existing E3 cases and tools to improve functionality and/or efficiency
  • Assist the delivery of customer work through modeling, developing presentations, writing and preparing entire subsections of reports and papers, and helping with additional customer requests 
  • Conduct independent research using your ingenuity and curiosity to make reasonable assumptions and produce appropriate solutions, at times with incomplete information.  
  • Deliver sections of presentations to customers and reply to questions  
  • Proactively track actual performance of work performed against the established plan, with ongoing communication with the Director or Manager 
  • Capture project learnings and repeatable products and work samples for future use according to knowledge management processes 
  • Assist in proposal writing as needed
  • Assist with internal initiatives as needed
Requirements
  • 1-3 years of experience using systems such like PLEXOS software and/or EnCompass for production simulation (ST) and/or capacity expansion (LT) applications
  • Master's degree or Ph.D. in engineering, economics, computer science, optimization, public policy or related field
  • 3-5+ years of related experience in an energy-related field
  • Detailed-oriented approach to designing models and critically assessing results
  • Prior experience specifically addressing renewable energy and climate change issues and/or demonstrated advanced-level academic related project work
  • Demonstrated hands-on experience, academic project work, or extensive knowledge in or related to one of our Practice Areas: Climate Pathways and Electrification, Asset Valuation, Transmission, and Markets and Integrated System Planning.
  • You work collaboratively and help each member of your team to do their finest work, aware that each brings different experiences to the table 
  • You find joy in translating technical concepts to broader audiences  
  • You take ownership of your work, proactively seeking out answers to questions and enjoy finding creative solutions to issues you encounter 
  • Aptitude to write and communicate clearly 
  • Passionate about the transition to a low-carbon economy 
  • Demonstrated success guiding ideas, people, and projects 
  • Strong organizational and time management techniques 
  • High fluency in Microsoft Excel and PowerPoint; programming knowledge and experience are also valued 
  • Desire to work in a dynamic office environment with other staff 
Things that Set You Apart
  • Prior experience specifically addressing energy and climate change issues   
  • Significant project management experience   
  • You believe it is essential to achieve a transition to a low-carbon economy and love thinking about the future of energy 
  • You work collaboratively and help each member of your team to do their finest work, aware that each brings different experiences, techniques, and qualifications to the table 
  • You enjoy translating technical concepts to a broader audience   
  • You take ownership of your work, proactively seeking out answers to questions and enjoy finding creative solutions to issues you encounter 
E3 takes a number of factors into consideration when determining title and salary level for a potential new employee. This includes, but is not limited to: a candidate’s education, training, and relevant work experience; the position's work location; expected quality and quantity of work; required travel (if any); external market and internal value, including seniority and merit systems; and internal pay alignment.​ 
​ 
E3 also provides a bonus structure that we are proud of because we believe it creates the right kinds of incentives for good work, provides significant flexibility, and is fair and equitable. The below compensation outlines our total compensation package with our bonus structure adding between 15 - 25% to your base salary. While neither the upper or lower end of our bonus structure is capped, this provides a representation of the average total compensation based on both your personal performance and the company's performance. ​ 
 
Annual Total Compensation Range for Consultant - Senior Consultant:  ​ 
- Minimum: $97,000 
- Maximum: $135,000 
E3’s Commitment to You 
 
E3 provides abundant opportunities for professional growth and invests significantly in employee development. Right from the start, our team works hard to provide you with a customized multi-week onboarding experience where you will meet with colleagues, Partners, and your own mentor. Every fall, all new hires attend E3’s proprietary internally developed 22-course training program which broadens your foundational industry-specific knowledge as well as develops those skills essential to being a great consultant. E3 also provides every employee with an annual professional development stipend, opportunities to attend conferences, and personalized career development at every stage of your employment.  
 
E3 actively supports the advancement of each member of the PLEXOS modeling team through close guidance by our in-house PLEXOS experts and customized training to make all of our team further their modeling skills and become continually better at recognizing challenges and finding solutions.
 
In addition, E3 offers employees a broad, best-in-class range of benefits and supportive perks to support you both personally and professionally. Some benefits include:  
- Base and bonus commensurate with experience and performance 
- Exceptional benefits such as medical, dental, and vision insurance plans 
- 401(k) with corporate match 
- Flexible Paid Time Off plus standard company holidays 
- Short-term and long-term disability 
- Group life insurance 
- Health Savings Accounts and Flexible Spending Accounts,  
- Fitness and wellness corporate discounts and fitness stipend
- Professional Development annual stipend
 
Hiring Process and Timeline 
 
Finding new team members that are a good fit is important to us, so we spend significant time in our recruiting process evaluating candidates. Qualified candidates can expect a phone interview, to engage in a technical exercise and associated interview, and a final set of interviews. Our process takes around 6-8 weeks to complete. E3 is seeking to hire consultants throughout the year and are prepared to make offers to candidates months in advance of their start date.  
  
EEO Non-Discrimination and ADA Reasonable Accommodation Statement 
 
Applicants are considered for all positions without regard to race, color, creed, religion, age, national origin, alienage or citizenship status, gender, sexual orientation, gender identity, marital or partnership status, disability, military status, veteran status, pregnancy or predisposing genetic characteristics. Willdan does not discriminate on the basis of physical or mental disability where the essential functions of the job can be reasonably accommodated. Determinations on requests for reasonable accommodation will be made on a case-by-case basis. If you need reasonable accommodation for any part of the application and hiring process, please notify us.  
 
Willdan Group Inc. participates in E-Verify