At a Glance
- Tasks: Create cost estimates and pricing models for exciting aerospace projects.
- Company: Join a globally renowned aerospace client with a dynamic commercial team.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on continuous improvement and career development.
- Why this job: Be part of innovative projects that shape the future of defence and aerospace.
- Qualifications: Degree in a relevant field and 5 years' experience in estimating or pricing.
The predicted salary is between 45000 - 50000 £ per year.
Location: Bristol
Duration: 6 months - initially
Role Type: Hybrid 3 days onsite
Salary: Depending on experience
The Role:
Our globally renowned aerospace client is seeking an experienced Estimating & Pricing Specialist to join a dynamic commercial team supporting a diverse portfolio of major defence and aerospace programmes. This is an exciting opportunity to play a key role in developing robust estimating and pricing solutions that support new business opportunities, competitive bids and long-term commercial success.
Working closely with commercial, engineering, finance and programme stakeholders, you will lead the development of detailed cost estimates, pricing models and commercial strategies, ensuring proposals are competitive, commercially viable and represent best value. You will also contribute to pricing innovation, risk analysis, financial modelling and continuous improvement initiatives across the wider business.
Based within the Estimating & Pricing function, you will support both complex strategic campaigns and wider business activities, helping to standardise processes, improve data quality and deliver consistent estimating and pricing capability across the organisation.
Key Responsibilities:
- Develop accurate cost estimates and pricing models for complex defence and aerospace programmes throughout the full project lifecycle.
- Produce pricing strategies, commercial models and financial analysis to support competitive bids and business growth.
- Prepare and substantiate estimates in response to customer requirements and Requests for Proposal (RFPs).
- Perform detailed cost, pricing, financial, risk and competitive analysis, providing recommendations to support business decisions.
- Ensure technical requirements are accurately translated into cost models whilst challenging assumptions to achieve best value.
- Maintain and enhance estimating databases, pricing models and cost data, identifying opportunities to improve data quality and accuracy.
- Support the development of pricing rates, cost factors, internal budgets and affordability assessments.
- Lead risk and uncertainty modelling for proposals and support Price to Win and Competitive Cost Assessment activities.
- Engage with customers during cost assurance reviews, audits and pricing discussions.
- Produce and maintain all estimating and pricing documentation, ensuring compliance with company and customer requirements.
- Support the transition of successful bids into programme delivery and finance operations.
- Contribute to continuous improvement initiatives, knowledge sharing and cross-functional collaboration.
Skills & Experience:
The successful candidate will possess excellent analytical and commercial skills, with the ability to interpret complex technical information and develop accurate, well-justified cost estimates.
Applicants should demonstrate:
- A degree in a mathematical, financial, business or related discipline.
- A minimum of five years' experience in estimating, pricing, cost engineering or financial analysis, ideally within the defence, aerospace or engineering sectors.
- Advanced Microsoft Excel skills, including cost modelling, scenario analysis, Power Query and data manipulation.
- Experience developing complex cost models and pricing strategies.
- Strong commercial awareness with an understanding of competitive bidding and proposal development.
- Experience using estimating and risk analysis tools such as ProPricer and @Risk, or similar software.
- Excellent communication and stakeholder management skills, with the ability to present complex financial information clearly.
- Experience working within multidisciplinary or matrix organisations.
- The ability to manage multiple priorities whilst maintaining exceptional attention to detail and delivering high-quality outputs.
Estimating & Pricing Specialist in Newport employer: INDOTRONIX AVANI UK, LTD
Join a leading aerospace and defence company in Bristol or Yeovil, where you will be part of a dynamic team dedicated to engineering excellence and innovation. With a strong focus on employee development, our collaborative work culture fosters continuous improvement and offers opportunities for professional growth within the engineering domain. Enjoy the benefits of hybrid working arrangements and contribute to impactful projects that ensure safety and compliance across various engineering processes.
StudySmarter Expert Advice🤫
We think this is how you could land Estimating & Pricing Specialist in Newport
✨Tap into Aerospace Communities
Join aerospace engineering forums and social media groups. These spaces are often buzzing with opportunities, and you'll get to know industry pros who can give insider tips on temporary roles at places like INDOTRONIX AVANI UK, LTD.
✨Be Ready for Seasonal Hiring
Keep an eye out for seasonal hiring windows when big projects ramp up. Many companies in aerospace will bring in temporary staff for peak times, so it’s worth checking back regularly for opportunities at places like INDOTRONIX AVANI UK, LTD.
✨Showcase Your Skills at Events
Attend industry events or job fairs focused on aerospace; these can be great places to meet recruiters and hiring managers face-to-face. Bring your A-game, and don’t hesitate to mention your interest in temporary positions.
✨Apply through Our Website
When you find temp roles listed on our website, apply directly! It shows you're genuinely interested in the position at INDOTRONIX AVANI UK, LTD and makes it easier for their team to spot your application.
We think you need these skills to ace Estimating & Pricing Specialist in Newport
Some tips for your application 🫡
Show Off Your Relevant Projects:When applying for a temporary role in aerospace engineering, make sure to highlight any relevant projects you've worked on. Include details about your role, the technologies or methodologies used, and the impact of your work. This not only demonstrates your hands-on experience but also your understanding of the field.
Tailor Your CV to Engineering Standards:Your CV should follow industry conventions, so make sure it's structured to showcase your technical skills, like CAD software or simulation tools. Also, include any certifications relevant to aerospace engineering, as these can make a strong impression on INDOTRONIX AVANI UK, LTD.
Inject Some Personality into Your Cover Letter:Since this is a temporary role, we want to see why you're excited about this opportunity with INDOTRONIX AVANI UK, LTD. Let your personality shine through your cover letter, perhaps by discussing why aerospace engineering fascinates you or sharing a project that ignited your passion. We want to see your motivation and enthusiasm!
Highlight Teamwork and Communication Skills:Aerospace engineering often involves collaboration, so be sure to showcase your teamwork and communication skills in your written application. Use examples that demonstrate how you've effectively worked with others, especially in high-pressure situations, as this will resonate well with INDOTRONIX AVANI UK, LTD.
How to prepare for a job interview at INDOTRONIX AVANI UK, LTD
✨Brush Up on Your Technical Knowledge
Given you're aiming for a role in aerospace engineering, make sure you’re clear on key principles relevant to the role. Expect to tackle questions about materials, aerodynamics, and engineering principles. Revisit any projects or concepts you’ve studied, especially those that highlight problem-solving in design processes.
✨Showcase Relevant Projects in Your Portfolio
Even for a temporary role, it's crucial to present any relevant aerospace projects you’ve worked on. We should be ready to discuss the tools you used, the methodology behind your designs, and the specific outcomes. It's your chance to showcase not just your skills but also your passion for engineering.
✨Understand the Temporary Nature of the Role
Since this is a temporary position, we want to be prepared to discuss how we can quickly add value to the team. Be ready to articulate what you can bring to the company during this short-term engagement and show eagerness to learn and adapt quickly within the environment at INDOTRONIX AVANI UK, LTD.
✨Prepare for Practical Technical Assessments
Expect potential technical assessments where you might need to solve engineering problems or even design a small project on the spot. We should practice common scenarios that could arise in aerospace to demonstrate our hands-on ability, whether it's through CAD software or analytical thinking.
