Senior Luxury Product Development Lead—Costing & Data

Senior Luxury Product Development Lead—Costing & Data

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

At a Glance

  • Tasks: Lead luxury product costing and data management for high-end jewellery.
  • Company: Join De Beers, a prestigious name in luxury jewellery.
  • Benefits: Enjoy 27 days leave, healthcare, and flexible benefits.
  • Other info: Collaborative environment with opportunities for personal and professional growth.
  • Why this job: Make a real impact in luxury product development and decision-making.
  • 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

At De Beers Group, our purpose is to Make Life Brilliant - and that starts with supporting our people to thrive at work and beyond with benefits that support your health, time, and financial wellbeing.

  • Time that's yours: 27 days’ annual leave plus bank holidays, with the option to buy or sell leave via our flexible benefits platform.
  • A pension that invests in your future: minimum 4% employee contribution plus 11% company contribution (15% total).
  • Healthcare you can rely on: company‑funded core Private Medical Insurance (Bupa), with options to upgrade or extend cover.
  • Support when life gets busy: 24/7 confidential Employee Assistance Programme, access to a Mental Health First Aider network, and wider wellbeing resources.
  • Financial perks & savings: access to our flexible benefits platform, including options such as holiday trading, travel insurance, dental cover, critical illness protection, retail vouchers and more.
  • Share schemes: opportunities to participate in Anglo American share plans, including Free Shares, SIP and SAYE.
  • Lifestyle perks: 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 employer: Anglo American / De Beers Group

At De Beers London, we pride ourselves on being an exceptional employer, offering a vibrant work culture that champions collaboration and innovation in the luxury jewellery sector. Our commitment to employee growth is evident through comprehensive benefits, including generous annual leave, robust pension contributions, and extensive healthcare options, all designed to support your well-being and professional development. Join us to be part of a team that values excellence, fosters strong relationships, and empowers you to make impactful decisions in a dynamic environment.

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

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. Use LinkedIn to connect and engage with them; you never know who might have a lead on your dream job!

Tip Number 2

Prepare for interviews by diving deep into the company’s values and recent projects. Show that you’re not just another candidate; you’re genuinely interested in how you can contribute to their mission of making life brilliant.

Tip Number 3

Practice your pitch! You want to be able to clearly articulate your experience in product development and costing. Make it concise and relevant to the role, so you can impress during those crucial first moments of conversation.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at De Beers.

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

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 in the past.

Highlight Your Teamwork:This position is all about collaboration, so share instances where you’ve built strong relationships with colleagues or suppliers. We’re looking for someone who can empower teams and resolve issues quickly, so let us know how you’ve contributed to a positive team environment.

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 product development. Brush up on costing processes, pricing governance, and how to analyse cost variances. Being able to discuss these confidently will show that you understand the commercial side of the role.

Master the Tools

Familiarise yourself with the tools mentioned in the job description, like SAP, Power BI, and Asana. If you can demonstrate your proficiency with these systems during the interview, it’ll give you a significant edge. Consider preparing examples of how you've used similar tools in past roles.

Build Relationships

Since the role involves collaborating with suppliers and cross-functional teams, think about how you can showcase your relationship-building skills. Prepare anecdotes that highlight your ability to work effectively with others and resolve conflicts, as this is crucial for success in this position.

Showcase Your Analytical Skills

Be ready to discuss how you’ve handled complex data sets in the past. Think of specific examples where you translated data into actionable insights. This will demonstrate your analytical prowess and your ability to support decision-making across various teams.