Senior Cost Estimator

BAE Systems; Barrow-in-Furness; Hybrid; GBP 39,000 - 45,000; Full time

Job summary

A leading company in the defense sector seeks a Cost Estimator to support business decisions through cost analysis and model generation. This role offers opportunities for career development within a collaborative team environment. Candidates will benefit from flexible working arrangements and a competitive benefits package.

Benefits

Competitive Pension Scheme

Employee Share Plans

Flexible Discounted Health Benefits

Private Health Plans

Shopping Discounts

Annual Incentive

Qualifications

• Degree Level Qualification or equivalent experience in Cost Estimation.
• Experience with estimating toolsets like Montecarlo and ProPricer.

Responsibilities

• Support business through cost and price estimates.
• Generate cost models by analyzing data from multiple sources.
• Develop and maintain customer relationships.

Skills

Data Analysis

Critical Thinking

Problem Solving

Education

Degree Level Qualification

Tools

Excel

Montecarlo

Parametric

ProPricer

Job description

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Job Description

Description

Location: Barrow-in-Furness. We offer a range of hybrid and flexible working arrangements - please speak to your recruiter about the options for this particular role.

Salary: £39,000+ depending on skills and experience

What you’ll be doing:

• Taking a leading role to support the business through the creation of cost and price estimates, in relation to the management of existing contracts and the capture of new business, through the supply of critical data and analysis in support of key business decision
• Generating and populating cost models by collating and analysing data from multiple sources (e.g., actual costs, national statistics or contracted rates) to support the business. All models to be supported by Basis of Estimates (BOE) and Validated and Verified (V&V)
• Providing cost estimating guidance, at an appropriate level, to other departments and functions
• Developing and maintaining high level customer relationships both cross functionally and with external customers including support to customer price negotiations
• Supporting the cost estimating end to end processes and understand how the processes as set out, interact with the role
• Scenario and simulation analysis on a micro to macro level to inform key business decisions
• Coaching and mentoring junior staff as required in support of management

Your skills and experiences:

• Degree Level Qualification or equivalent by experience within Cost Estimation in major projects
• Microsoft Packages in particular Excel
• Data Analysis, critical thinking and problem-solving skills
• Experience of different estimating toolsets such as Montecarlo, Parametric, ProPricer

As well as a competitive pension scheme, BAE Systems also offers employee share plans, an extensive range of flexible discounted health, wellbeing and lifestyle benefits, including a green car scheme, private health plans and shopping discounts - you may also be eligible for an annual incentive.

The Commercial Estimating team:

The team collaborates closely with all parts of the business on a broad spectrum of tasks, from facility business cases to design studies to whole boat pricing, giving you an extensive understanding of the submarines business and how it operates. This role will provide you with opportunities for career development and progression. We offer relocation support packages across all Submarines roles, subject to meeting eligibility criteria.

Why BAE Systems?

This is a place where you’ll be able to make a real difference. You’ll be part of an inclusive culture that values diversity, rewards integrity, and merit, and where you’ll be empowered to fulfil your potential. We welcome candidates from all backgrounds and particularly from sections of the community who are currently underrepresented within our industry, including women, ethnic minorities, people with disabilities and LGBTQ+ individuals. We also want to make sure that our recruitment processes are as inclusive as possible. If you have a disability or health condition (for example dyslexia, autism, an anxiety disorder etc.) that may affect your performance in certain assessment types, please speak to your recruiter about potential reasonable adjustments.

Please be aware that many roles at BAE Systems are subject to both security and export control restrictions. These restrictions mean that factors such as your nationality, any nationalities you may have previously held, and your place of birth can restrict the roles you are eligible to perform within the organisation. All applicants must as a minimum achieve Baseline Personnel Security Standard. Many roles also require higher levels of National Security Vetting where applicants must typically have 5 to 10 years of continuous residency in the UK depending on the vetting level required for the role, to allow for meaningful security vetting checks.

Closing Date: 26 th May 2025

We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.