Senior Estimating Engineer - Medical Device Quotes

Actalent; Big Lake (MN); On-site; USD 100,000 - 115,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) with company match

Comprehensive PTO and holidays

HSA/FSA options

Company-wide benefits package

Job summary

Actalent, a multinational engineering and sciences services firm, seeks a Sr Estimating Engineer in Big Lake, MN to prepare cost estimates, analyze CAD models, and develop robust cost models for quotes. You will collaborate with Sales, Engineering, and Operations to ensure profitable quotes and support strategic growth.

You will review designs, validate routings, and drive margin-focused costings in a regulated medical device environment, contributing to continuous improvement and cost

Qualifications

• Bachelor’s degree in Engineering, Finance, or a related field.
• 5+ years in quoting, estimating, costing, or manufacturing engineering.
• Strong knowledge of machining and medical device manufacturing processes.
• Experience leading complex RFQs from start to finish.
• Proficient in manufacturing quoting, estimating, and cost analysis.
• Ability to read blueprints and engineering drawings with attention to detail.
• Advanced financial acumen including margin analysis and cost modeling.
• Experience in regulated environments (ISO or similar).
• Familiar with ERP systems, especially IFS.

Responsibilities

• Prepare detailed cost estimates and customer quotations for RFQs across new and existing opportunities.
• Review drawings, specifications, and CAD models to understand product requirements and manufacturing implications.
• Develop cost models including labor, materials, overhead, tooling, and other costs.
• Validate routing and manufacturing methods with Engineering and Operations.
• Estimate cost impact of design changes and communicate to stakeholders.
• Ensure quotes align with margin targets and profitability objectives.
• Support review and approval of pricing prior to customer submission.
• Provide cost analysis support to Finance as requested.
• Coordinate RFQ activity between Sales, Engineering, Operations, and Supply Chain.
• Summarize key cost drivers, assumptions, and risks for internal stakeholders.
• Maintain estimating tools, templates, and cost databases.

Skills

RFQ leadership

Machining knowledge

Medical device know-how

Cost modeling

Blueprint reading

CAD models

IFS ERP

Lean / continuous improvement

Negotiation support

Cross-functional collaboration

Education

Bachelor’s degree in Engineering/Finance

Tools

IFS ERP

CAD software

Job description

Actalent, a multinational engineering and sciences services firm, seeks a Sr Estimating Engineer in Big Lake, MN to prepare cost estimates, analyze CAD models, and develop robust cost models for quotes. You will collaborate with Sales, Engineering, and Operations to ensure profitable quotes and support strategic growth.

You will review designs, validate routings, and drive margin-focused costings in a regulated medical device environment, contributing to continuous improvement and cost