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For Companies At a Glance
- Tasks: Create accurate cost estimates for exciting projects and collaborate with diverse teams.
- Company: Join Subsea7, a leader in innovative engineering solutions.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Why this job: Make a real impact in a dynamic environment while developing valuable skills.
- Qualifications: Degree in Engineering or Finance and relevant experience preferred.
- Other info: Diverse team culture that values creativity and innovation.
The predicted salary is between 28800 - 48000 £ per year.
Job Description
Reporting to the Estimating Manager, the Tender Estimator is responsible for establishing cost estimates and commercial deliverables in accordance with ITT requirements, technical constraints, and commercial aspects. This cross-functional role provides an overview of our business and projects, ideal for technical profiles wishing to acquire commercial and project management support skills.
- Build accurate cost estimates for commercial proposals while ensuring full compliance with Subsea7's Business Management System (BMS) and internal procedures, fostering accountability, quality, and continuous improvement throughout the estimating process.
- Develop the execution plan with the Project Manager (Tender Lead) and the Tender Engineer (Commercial Lead) to produce a complete, accurate, and optimized cost estimate.
- Perform cost simulations to evaluate alternatives (e.g., J-lay vs. Reel Lay, flexible vs. rigid) and support the tender team in identifying the most cost-effective solutions.
- Integrate deliverables from all departments involved in the tender process, including Project and Operations, Engineering, Business Delivery Functions, Legal, Finance (including Tax and Treasury), and Insurance. Provide proactive input to support their contributions.
- Contribute to initiatives that strengthen collaboration between Estimating and support functions, with the aim of developing more competitive and value-driven proposals.
- Prepare commercial deliverables for proposals, including price schedules for Lump Sum, options, and unit rates.
- Analyze project expenses and revenue over time to support favorable payment terms and cash flow conditions in contracts.
- Implement cost impacts during contract clarification and negotiation phases.
- Perform product-based cost analysis for each tender, ensuring clarity and accuracy in the breakdown of cost components.
- Ensure smooth handover to the project team after contract award, following Group S&M guidelines.
What experience would we like you to have?
- Bachelor's degree in Engineering, Finance, Cost Engineering, or equivalent
- Minimum 5 years of relevant experience (preferred)
- Good understanding of Subsea7's products and activities (preferred)
- Experience in estimating or project services in similar industries (preferred)
- Precision and attention for detail
- Proactive, analytical, and highly curious
- Flexible and available to meet demanding deadlines
- Team-oriented with transparent and collaborative work style
- Ethical and trustworthy with confidential information
- Able to take a broad view and apply critical thinking
- Fluent in English, both written and spoken #LI-AB1
An environment where you can thrive
We recognise that having a diverse team makes us a better, smarter team. Diversity is something we value and regard it as key to our success.
We encourage new ways of thinking and celebrate our wide range of skills that help us continually challenge the status quo and inspire innovation. An inclusive and diverse environment fosters creativity, improves decision-making and introduces new ways of thinking.
Our people are at the heart of what we do at Subsea7 and we are committed to creating an environment where everyone can thrive. Fair employment practices, fair treatment for all individuals and equal opportunity on the basis of merit are the foundation of how we work and develop together.
What happens next?
If you would like to apply for this role, simply click the Apply button found on this page.
You may be prompted to set up a profile with us. It's quick and easy to do. Or, if you have already created a profile with us, simply log in and submit your application.
Here are 3 top tips to help you submit a successful application:
• Make sure your CV is up-to-date and highlights the transferable skills and experience you can bring to this role.
• We would encourage you to include a cover letter as part of your application. It's your chance to tell us why you would be a brilliant addition to our team.
• Take your time with your application and check there are no errors before final submission
Once you have submitted your application, we will be in touch as soon as possible with next steps.
To find out more about Subsea7 visit our website here
Apply now »
Tender Estimator employer: Subsea 7
Contact Detail:
Subsea 7 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Tender Estimator
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and role thoroughly. Understand Subsea7's projects and values so you can show how your skills align with their needs. Practice common interview questions to boost your confidence.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can leave a lasting impression. It shows you're genuinely interested in the position and keeps you on their radar.
✨Tip Number 4
Don’t forget to apply through our website! It’s the easiest way to get your application noticed. Plus, it helps us keep track of all applicants efficiently.
We think you need these skills to ace Tender Estimator
Some tips for your application 🫡
Keep Your CV Fresh: Make sure your CV is up-to-date and tailored to highlight the skills and experience that are relevant to the Tender Estimator role. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Don’t skip the cover letter! This is your chance to shine and show us why you’d be a fantastic fit for our team. Share your passion for the role and how you can contribute to our success.
Double-Check Your Application: Take your time when filling out your application. A quick proofread can save you from silly mistakes that might distract us from your great qualifications. We appreciate attention to detail!
Apply Through Our Website: We encourage you to apply directly through our website. It’s super easy to set up a profile, and it helps us keep track of your application. Plus, we love seeing candidates who take the initiative!
How to prepare for a job interview at Subsea 7
✨Know Your Numbers
As a Tender Estimator, you'll be dealing with cost estimates all day long. Brush up on your numerical skills and be ready to discuss how you approach cost analysis. Be prepared to share examples of past projects where your estimates made a significant impact.
✨Understand the Business
Familiarise yourself with Subsea7's products and services. Knowing the ins and outs of what the company does will help you answer questions more effectively and show that you're genuinely interested in the role. Research recent projects or initiatives to bring up during the interview.
✨Collaborative Mindset
This role requires working closely with various departments. Highlight your teamwork skills and provide examples of how you've successfully collaborated in the past. Show that you can integrate input from different teams to create comprehensive proposals.
✨Ask Insightful Questions
Prepare thoughtful questions about the estimating process and how it fits into the larger project management framework. This not only shows your interest but also demonstrates your critical thinking skills. It’s a great way to engage with the interviewers and leave a lasting impression.
