At a Glance
- Tasks: Lead the estimating process and manage customer enquiries in a dynamic engineering environment.
- Company: Growing engineering and manufacturing business based in Luton.
- Benefits: Competitive salary, full-time role, and opportunities for professional growth.
- Other info: Collaborative team culture with a focus on process improvement.
- Why this job: Take ownership of projects and make a real impact on operational success.
- Qualifications: Experience in cost engineering and ability to interpret CAD models.
The predicted salary is between 50000 - 55000 £ per year.
We are seeking an experienced Cost Engineer to join our growing engineering and manufacturing business. This is an excellent opportunity for a Cost Engineer to take ownership of the estimating process and lead the repairs business, supporting both commercial and operational success.
The successful Cost Engineer will work closely with engineering, manufacturing, sales, and supply chain teams to ensure accurate costing, process improvement, and effective management of customer enquiries and repairs.
Key Responsibilities for the appointed Cost Engineer:- Prepare and manage estimates for customer RFQs, NPI projects, repairs, and internal requests.
- Review and improve estimating processes to reduce operational and financial risk.
- Work closely with engineering, manufacturing, sales, and supply chain teams to optimise processes and costs.
- Assess CAD models and engineering drawings to create accurate manufacturing sequences and cost estimates.
- Conduct make-versus-buy assessments using cost and manufacturing data.
- Act as Process Owner for the repairs business, managing customer returns and repair quotations.
- Develop solutions for rework and repair requirements.
- Monitor and improve KPIs through effective documentation, reporting, and process improvements.
- Support customers with complex or technically challenging enquiries.
- Previous experience as a Cost Engineer within a manufacturing or engineering environment.
- Proven experience producing accurate cost estimates and managing business processes.
- Ability to interpret CAD models, engineering drawings, and assembly structures.
- Experience creating manufacturing sequences for multi-level assemblies.
- Experience with MRP/ERP systems.
- Strong risk assessment capabilities.
- Good commercial and financial awareness.
- Degree in Engineering, Science, or a related discipline, or equivalent industry experience.
Risk Engineer (Projects) in London employer: ReeVR
Reevr is an excellent employer that fosters a collaborative work culture in Normanton on Trent, where innovation thrives. Employees benefit from career growth opportunities and the chance to work with cutting-edge technology, making it a rewarding place for those passionate about electronics testing and automation.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Engineer (Projects) in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like ReeVR looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Engineer (Projects) in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at ReeVR. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at ReeVR
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with ReeVR’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!