Senior Luxury Product Development Lead—Costing & Data in London

Senior Luxury Product Development Lead—Costing & Data in London

London Full-Time 60000 - 80000 £ / year (est.) No working from home possible
Anglo American / De Beers Group

At a Glance

  • Tasks: Lead luxury product development, ensuring accurate costing and data management.
  • Company: Join De Beers Group, a leader in luxury jewellery with a commitment to excellence.
  • Benefits: Enjoy 27 days of leave, competitive pension, healthcare, and lifestyle perks.
  • Other info: Collaborative environment with opportunities for continuous improvement and career growth.
  • Why this job: Make a real impact in the luxury sector while developing your skills.
  • Qualifications: Experience in product development and strong analytical skills required.

The predicted salary is between 60000 - 80000 £ per year.

The Senior New Product Development Coordinator is the engine behind seamless, commercially intelligent product creation at De Beers London. Working across Product Development, Finance, Procurement, and Supply Chain, the role safeguards product data, strengthens supplier partnerships, and enables confident, insight‑led decision‑making.

Main Responsibilities

  • Own the full costing process for luxury jewellery, ensuring accuracy across diamonds, precious metals, labour, and supplier pricing.
  • Maintain pricing governance and monitor cost variances to support strong margin management.
  • Provide clear financial reporting and support budget visibility across couture, collections, and bespoke development.
  • Act as the custodian of product data across SAP, Firebrand, and PD systems, ensuring accuracy and consistency at every stage.
  • Oversee the creation and maintenance of Product Approval Forms and Bills of Materials, ensuring robust version control.
  • Champion best‑practice system usage, supporting prototype booking‑in, PO updates, stock checks, and reconciliation activities.
  • Build strong working relationships with luxury jewellery suppliers, supporting transparency, capability uplift, and reliable delivery.
  • Partner with the Diamond Centre to maintain up‑to‑date diamond cost data and ensure alignment with prototype pricing.
  • Maintain and improve costing tools and models to support accurate, consistent quoting.
  • Develop and maintain KPIs that track cost accuracy, development timelines, and margin impact.
  • Translate data into clear insights that support decision‑making across Product Development and cross‑functional teams.
  • Analyse cost and timing variances to support sourcing decisions and continuous improvement.
  • Document, refine, and optimise PD processes to support efficient, scalable ways of working.
  • Use Asana, Power BI, and digital tools to track development stages, timelines, and costs.
  • Drive continuous improvement across systems, workflows, and cross‑functional collaboration.
  • Coordinate end‑to‑end Product Development timelines, ensuring clear stage‑gate governance, readiness and on‑time progression through all approval milestones.
  • Own novelties project governance, including gate review preparation, NPD agenda setting and action tracking and decision logging to ensure accountability and delivery against commitments.
  • Drive deadline adherence across cross‑functional teams by proactively tracking risks, dependencies and critical paths, escalating issues where required and pushing through urgent decisions when required.
  • Standardise and optimise project workflows, working templates (Excel and Asana), and ways of working to improve stability, consistency, visibility and speed of execution across development projects.
  • Maintain accurate project plans and status reporting within Asana and related tools; providing clear visibility of progress, blockers and delivery risk and impacts to stakeholders.

What You'll Do

  • Act Like an Owner: Take responsibility for the accuracy, integrity, and commercial soundness of product data, costing, and system records. Ensure every detail from precious‑material costs to BOM structures meets the standards expected in luxury jewellery.
  • Create Clarity: Translate complex data into clear, structured insights that support confident decision‑making across Product Development, Finance, Procurement, Logistics, and supplier partners. Provide visibility on costs, timelines, risks, and variances.
  • Empower Teams: Work closely with colleagues and external partners to resolve issues quickly, share knowledge, and strengthen ways of working. Support teams by ensuring systems, processes, and information flow smoothly across the development lifecycle.
  • Challenge Conventions: Identify risks, inefficiencies, and gaps in data, costing, or process accuracy. Propose improvements that enhance product integrity, operational discipline, and supplier performance, contributing to continuous improvement across the function.
  • Succeed Together: Build strong, trusted relationships across the organisation and with suppliers. Contribute to a seamless development process, accurate product information, and a consistently high‑quality customer experience.

Qualifications

  • Experienced in product development, costing, commercial operations, or enterprise systems, ideally within luxury, jewellery, or complex manufacturing.
  • Experience in luxury jewellery, craftsmanship standards, or high‑value product environments is desirable; willingness to deepen expertise in precious materials and manufacturing is essential.
  • Confident working with ERP systems (SAP highly desirable), BOM structures, and product data management.
  • Experienced in planning and scheduling within a product development or manufacturing environment.
  • Skilled in project management, with the ability to coordinate timelines, stakeholders, and deliverables effectively.
  • Strong financial literacy, including budgeting, variance analysis, and pricing governance.
  • Skilled in Microsoft Office with advanced Excel; familiarity with Power BI, Asana, or similar tools is an advantage.
  • Analytical and comfortable handling complex data sets, with the ability to translate information into clear insights.
  • Familiar with DFM (Design for Manufacture) principles and able to support manufacturability considerations during development.
  • Understanding of VSM (Value Stream Mapping) and process‑flow optimisation is advantageous.
  • Formal project management training such as Prince2 is beneficial.
  • Highly accurate with strong systems capability and meticulous attention to detail.
  • Organised and structured, able to manage competing priorities and maintain high standards under pressure.
  • Clear and confident communicator, able to simplify complexity and collaborate effectively across teams and with suppliers.
  • Commercially minded, proactive, and comfortable working autonomously in a fast‑paced, matrix environment.
  • Relationship‑driven, building trust and working collaboratively to achieve shared goals.
  • Resilient, energetic, and committed to continuous improvement and operational excellence.
  • Values an inclusive, positive, high‑performance culture and contributes to it actively.
  • Additional language skills are beneficial but not required.

What you’ll get at De Beers Group

  • 27 days’ annual leave plus bank holidays, with the option to buy or sell leave via our flexible benefits platform.
  • Minimum 4% employee contribution plus 11% company contribution (15% total).
  • Company‑funded core Private Medical Insurance (Bupa), with options to upgrade or extend cover.
  • 24/7 confidential Employee Assistance Programme, access to a Mental Health First Aider network, and wider wellbeing resources.
  • Access to our flexible benefits platform, including options such as holiday trading, travel insurance, dental cover, critical illness protection, retail vouchers and more.
  • Opportunities to participate in Anglo American share plans, including Free Shares, SIP and SAYE.
  • Employee discounts, staff discount options, and onsite benefits where available (e.g. gym and restaurant facilities).

Benefits may vary and are subject to scheme terms and eligibility.

Senior Luxury Product Development Lead—Costing & Data in London employer: Anglo American / De Beers Group

De Beers Group is an exceptional employer, offering a vibrant work culture that prioritises employee wellbeing and professional growth. With generous benefits such as 27 days of annual leave, robust pension contributions, and comprehensive healthcare options, employees are supported both personally and professionally. The collaborative environment fosters strong relationships across teams and with suppliers, ensuring that every team member can thrive while contributing to the creation of luxury jewellery.

Anglo American / De Beers Group

Contact Details:

Anglo American / De Beers Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Luxury Product Development Lead—Costing & Data in London

Tip Number 1

Network like a pro! Reach out to people in the luxury jewellery industry, especially those who work at De Beers or similar companies. Attend events, join online forums, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!

Tip Number 2

Show off your skills! Prepare a portfolio that highlights your experience in product development, costing, and data management. Use real examples from your past work to demonstrate how you’ve tackled challenges and driven improvements. This will make you stand out during interviews.

Tip Number 3

Practice makes perfect! Get comfortable with common interview questions related to financial literacy, project management, and cross-functional collaboration. Role-play with a friend or use online resources to refine your answers and boost your confidence before the big day.

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Tailor your CV and cover letter to highlight your relevant experience in luxury jewellery and product development. Make sure to showcase your passion for the industry and your commitment to excellence!

We think you need these skills to ace Senior Luxury Product Development Lead—Costing & Data in London

Costing Process Management
Financial Reporting
SAP
Product Data Management
Project Management
Budgeting
Variance Analysis

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in product development and costing, especially in luxury jewellery. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!

Showcase Your Data Skills:Since this role involves a lot of data management, be sure to mention your experience with ERP systems like SAP and any tools like Power BI or Asana. We love seeing candidates who can translate complex data into clear insights, so give us examples of how you've done this before.

Highlight Your Teamwork:This position is all about collaboration, so share instances where you’ve successfully worked with cross-functional teams or built strong relationships with suppliers. We’re looking for someone who can empower teams and drive projects forward together!

Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Anglo American / De Beers Group

Know Your Numbers

Make sure you’re well-versed in the financial aspects of luxury jewellery costing. Brush up on your knowledge of diamonds, precious metals, and labour costs. Being able to discuss these figures confidently will show that you understand the commercial side of product development.

Master the Tools

Familiarise yourself with SAP, Power BI, and Asana before the interview. If you can demonstrate your proficiency with these tools, it’ll give you a leg up. Consider preparing examples of how you've used similar systems in past roles to streamline processes or improve accuracy.

Build Relationships

Since this role involves collaborating with suppliers and cross-functional teams, think about how you’ve successfully built relationships in previous positions. Be ready to share specific examples of how you’ve empowered teams or resolved conflicts to keep projects on track.

Showcase Your Analytical Skills

Prepare to discuss how you’ve handled complex data sets in the past. Think about times when you translated data into actionable insights that influenced decision-making. This will highlight your analytical prowess and ability to drive continuous improvement.