Cost Estimating Specialist - Submarines

Rolls-Royce Corporation; East Midlands; Hybrid; GBP 65,000 - 90,000; Full time

Benefits offered by this job

Bonus

Employee support

Employee discounts

Hybrid working

Job summary

Rolls-Royce Submarines in Derby is seeking a Cost Estimating Lead to define and execute the cost estimating strategy for a major engineering programme. You will lead the performance measurement baseline, develop and maintain artefacts, and coach teams to deliver accurate estimates across complex projects.

The role requires strong PM/APM qualification or equivalent knowledge, with 5 years in cost estimating and a good grasp of data analytics.

Qualifications

• Degree level qualification in PM or APM or equivalent PM knowledge.
• 5 years’ experience in Cost Estimating.
• Data analytics experience is advantageous.
• Strong analytical skills to interpret information from multiple sources.

Responsibilities

• Recognised as local authority in cost estimating and stay updated via CPD.
• Develop and maintain cost estimating implementation plans.
• Lead creation and maintenance of cost estimating project artefacts.
• Coach and develop others in cost estimating or lead small/medium teams.

Skills

Cost estimating

Project management

Data analytics

Analytical thinking

Education

Degree in PM/APM

Job description

Job Description Job Title: Cost Estimating Lead - Submarines Working Pattern: Full time Working location: Derby – Jubilee House

An exciting opportunity has arisen for a Cost Estimating Lead to join Rolls-Royce Submarines in Derby. To support our engineering teams, we now require a highly motivated project team to deploy and execute the full breadth of project management practices in this rapidly growing, fast paced engineering programme. You will be a key member in the project team in the early phase of the project, leading the definition and execution of the performance measurement baseline. You will take a key role in establishing and delivering fuel and the fuel facility infrastructure for nuclear products of the future. If you want a dynamic role, with the opportunity to learn and grow, in a creative and innovative environment, with real accountability and influence to deliver success, this is the role for you.

Why Rolls-Royce?

Rolls-Royce is one of the most enduring and iconic brands in the world and has been at the forefront of innovation for over a century. We design, build and service systems that provide critical power to customers where safety and reliability are paramount. We are proud to be a force for progress, powering, protecting and connecting people everywhere. We want to ensure that the excellence and ingenuity that has shaped our history continues into our future and we need people like you to come and join us on this journey. We’ll provide an environment of caring and belonging where you can be yourself. An inclusive, innovative culture that invests in you, gives you access to an incredible breadth and depth of opportunities where you can grow your career and make a difference.

What we offer:

We offer excellent development opportunities, a competitive salary, and exceptional benefits. These include bonus, employee support assistance and employee discounts. Your needs are as unique as you are.

Hybrid working is a way in which our people can balance their time between the office, home, or another remote location. It’s a locally managed and flexed informal discretionary arrangement. As a minimum we’re all expected to attend the workplace for collaboration and other specific reasons, on average three days per week.

What you will be doing:

• Recognised as local authority in relation to cost estimating and maintaining that status by continuing professional development, monitoring the external environment for opportunities and liaising with group and other sector functions.
• Develop and maintain implementation plans in the area of cost estimating.
• Lead the creation and maintenance of project artefacts in area of cost estimating.
• Coach and develop others where appropriate in the cost estimating discipline or provide expert guidance and authoritative leadership to small/medium teams.
• Ideally attained Degree level qualification in PM or APM Project Management Qualification or can demonstrate equivalent PM knowledge.
• Ideally 5 years’ experience with majority of years’ experience in Cost Estimating. Data analytics experience is advantageous but not essential.
• Demonstrate good analytical skills with an ability to analyse and interpret information from different sources.

Who we’re looking for:

• Recognised as local authority in relation to cost estimating and maintaining that status by continuing professional development, monitoring the external environment for opportunities and liaising with group and other sector functions.
• Develop and maintain implementation plans in the area of cost estimating.
• Lead the creation and maintenance of project artefacts in area of cost estimating.
• Coach and develop others where appropriate in the cost estimating discipline or provide expert guidance and authoritative leadership to small/medium teams.
• Ideally attained Degree level qualification in PM or APM Project Management Qualification or can demonstrate equivalent PM knowledge.
• Data analytics experience is advantageous but not essential.
• Demonstrate good analytical skills with an ability to analyse and interpret information from different sources.

We are an equal opportunities employer. We’re committed to developing a diverse workforce and an inclusive working environment. We believe that people from different backgrounds and cultures give us different perspectives which are crucial to innovation and problem solving. We believe the more diverse perspectives we have, the more successful we’ll be. By building a culture of caring and belonging, we give everyone who works here the opportunity to realise their full potential. You can learn more about our global Inclusion strategy at Our people | Rolls-Royce

To work for the Rolls-Royce Submarines business an individual has to hold a Security Check clearance. Rolls-Royce will support the application for Security Clearance if you do not currently already have this in place. Due to the nature of work the business conducts and the protection of certain assets we can only progress applications from individuals who are a UK national or, in MoD approved cases, a dual national.

Job Category Project Management Posting Date 29 Sept 2026; 00:09 Posting End Date 08 Oct 2026

Rolls-Royce pioneers cutting-edge technologies that deliver the cleanest, safest and most competitive solutions to our planet’s vital power needs.