Modelling Principal

AWE; Reading; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading UK defense organization is looking for a Modelling Principal to provide leadership and specialized expertise in cost estimating. The role involves developing models for Quantitative Risk Analysis, coaching a team, and collaborating with stakeholders. Candidates should have significant experience in project controls, a strong understanding of complex models, and excellent relationship-building skills. This position is located in Reading, with the potential for hybrid working arrangements.

Benefits

Flexible working options

Competitive salary

Onsite parking

Qualifications

• Comprehensive working experience in Quantitative Risk Analysis (QRA), developing models encompassing cost, schedule and risk data.
• Experience of large projects and working within a project controls environment.
• Good technical review skills and risk software experience.

Responsibilities

• Acting as the single modelling SME and Point of Contact.
• Maintaining an effective modelling and estimating service to meet business needs.
• Coordinating a small team of specialists.

Skills

Quantitative Risk Analysis (QRA)

Statistical methods

Relationship building

Risk software experience

Problem solving

Education

Professional body membership (IRM, ACostE, APM)

Job description

We have an AWEsome opportunity for a Modelling Principal to join us at the ATOMIC WEAPONS ESTABLISHMENT (AWE).

This is an exciting time to join us as a Modelling Principal as we begin a once in a generation programme of work in support of the United Kingdom's Continuous at Sea Deterrent.

We are located in the countryside (RG7 4PR) between Reading and Basingstoke with onsite parking. There are good bus links between Reading, Basingstoke and Newbury.

Salary: Competitive / Negotiable (depending on your suitability and level of experience) Email for more details on pay range

As a Modelling Principal you will be a key member of the Cost Estimating and Modelling Team providing leadership, specialist subject matter expertise and supporting the implementation of P3M Project Controls and enterprise-wide business and quantitative modelling

As a Modelling Principal we would like you to have experience of the following:

• Comprehensive working experience in Quantitative Risk Analysis (QRA), developing models encompassing cost, schedule and risk data
• Able to understand and interpret complex models and outputs
• Experience of large projects, programmes, and working within a project controls environment, including stakeholder engagement at all levels
• Extensive working experience at a senior level using statistical methods, modelling or risk review
• Co-ordinating a team and developing processes and methodologies
• Experience working within construction, engineering, or regulated environments (MOD/Defence/Nuclear/Regulated)
• Good technical review skills, risk software experience
• Building great relationships and engaging with people across the organisation
• Juggling priorities and delivering within demanding timescales
• Problem solving and reaching conclusions
• Professional body membership IRM, ACostE or APM is highly desirable

A typical day for a Modelling Principal could look like this:

• Acting as the single modelling SME and Point of Contact as set by the Head of Estimating and the PMO
• Maintaining an effective modelling and estimating service to meet business needs
• Co-ordinating a small team of specialists
• Developing and maintaining key relationships
• Leading on validation reviews, assurance and audit
• Interpret outputs from a range of quantitative modelling tools and techniques
• Validate and underwrite bespoke enterprise-wide requirements
• Advocating modelling; its benefits, providing advice and enabling informed solutions
• Develop training and creating development material
• Coaching, mentoring and functional development
• Implementation of the fundamentals of Quantitative Risk Analysis (QRA) practice
• Understanding and interpretation of complex models and outputs
• Understanding, interpreting and manipulating cost and schedule data
• Development and application of Cost and Schedule Risk Reviews ('confidence models')
• Providing support to business cases and investment approvals
• Developing and supporting continuous improvement and cost benchmarking activities
• Managing interfaces with the Head of Estimating and Head of Risk

As part of our People Promise, AWE (one of the best 25 big companies to work for in the UK) has a range of benefits to suit you:

You can find out more HERE!

To apply:

Please log into AWE Careers to submit your CV and a covering letter. Make sure that you highlight all relevant skills and experience for this job. Give us a clear view of what you can bring to the role and also why you want to work with the team here at AWE.

If successful, you must be willing and able to obtain and maintain Developed Vetting Clearance (funded by the AWE) in order to start with us in this role. It can take several months for clearance to come through.

DVSubjectsInformationLeaflet.pdf (publishing.service.gov.uk)

If you are successful, any opportunities for hybrid/ flexible working will be discussed with you prior to you taking up your post.

All duties must be carried out from a UK location and there is significant requirement for regular onsite attendance here at RG7 4PR.

Important things you need to know:

• Interviews will be scheduled during working hours
• Interviews will be 90 minutes on TEAMS and may include a 5-to-10-minute presentation - TBC
• All duties must be carried out from a UK location and there is significant requirement for regular onsite attendance here at RG7 4PR.

For more information about the role or the recruitment journey, get in touch with me (Sunflower) at:

(Sorry agencies - all recruitment for this role is being managed by our internal resourcing team here at AWE)

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