Strategic Cost Engineer - Flexible Work & Impact

Anglian Water Group Ltd.; Peterborough; Hybrid; GBP 52,000 - 64,000; Full time

Benefits offered by this job

26 days annual leave

Flexible working options

Private healthcare

Competitive pension

Company match pension up to 7%

Life assurance

Annual bonus

Personal accident cover

Virtual GP

Diversity and inclusion

Job summary

Anglian Water is seeking a Strategic Cost Engineer in Peterborough to join the Commercial Assurance team. You will develop, assure and improve cost intelligence underpinning investment planning and regulatory submissions, influencing major programmes with expert challenge and governance across estimating, modelling and data quality.

With a degree in engineering or related discipline and extensive experience in regulated environments, you will drive continuous improvement and deliver defensible

Qualifications

• Degree-level qualification in Engineering, Quantity Surveying, Mathematics or a related technical discipline.
• Significant experience developing and assuring estimates using cost models within large-scale programmes.
• Experience in a regulated industry supporting business planning or price review activities.

Responsibilities

• Lead development, assurance and governance of strategic TOTEX estimates across major investment programmes.
• Manage and improve Anglian Water's Corporate Cost Estimation System and associated methodologies.
• Develop, maintain and validate cost models that support business planning, investment decisions and regulatory submissions.
• Provide expert challenge and assurance on project estimates, forecasting assumptions and cost intelligence outputs.
• Analyse cost trends, inflation impacts and efficiency opportunities to support strategic decision-making.
• Support the development of capital investment plans and commercial budgets through robust, evidence-based cost analysis.
• Lead cost intelligence activities including benchmarking, performance reporting and cost-efficiency assessments.
• Provide technical oversight of cost data collection, governance and assurance processes.
• Work closely with stakeholders across the business to improve forecasting accuracy, data quality and commercial decision-making.
• Produce clear, defensible reports and evidence packs to support regulatory submissions and audit activities.
• Deliver training, guidance and support to colleagues, helping to build estimating and cost modelling capability across the organisation.
• Drive continuous improvement across systems, processes and methodologies to strengthen cost intelligence and business performance.

Skills

Cost estimation

Cost modelling

Data governance

Stakeholder management

Analytical skills

Regulatory submissions

Data analysis

Cost governance

Education

Engineering/ QS / Mathematics

Tools

Modelling tools

Business systems

Job description

Anglian Water is seeking a Strategic Cost Engineer in Peterborough to join the Commercial Assurance team. You will develop, assure and improve cost intelligence underpinning investment planning and regulatory submissions, influencing major programmes with expert challenge and governance across estimating, modelling and data quality.

With a degree in engineering or related discipline and extensive experience in regulated environments, you will drive continuous improvement and deliver defensible