Cost Estimator & Price Analyst

## Cost Estimator & Price Analyst Apply locations:
GB - Basildontime type:
Full time posted on:
Posted Todayjob requisition :
R0028152
*
* Job Description:

*** Salary Range: £44,171 - £54,000
** Leonardo UK operates a grade-based salary framework with broad bands. The salary range shown reflects the approved grade band for this role, or a narrower hiring range published within that band, and is benchmarked against the external market. Exceptions above the standard range are managed through governance controls to protect internal equity.
*** Your Impact
** If you enjoy analysing data to determine accurate cost positions, this role places you at the heart of shaping bids and proposals, as well as analysing supplier pricing.

As a Cost Estimator & Price Analyst within the Procurement & Commercial Capability UK function, you will join the Cost Estimating & Price Analysis (CEPA) team in Basildon, playing a key role in supporting business growth across a diverse portfolio of products and Lines of Business.

Reporting to a CEPA Manager, you will use our in-house toolset to analyse data from multiple functions, producing cost estimates, pricing outputs, and supporting reports for bids and projects. Your work will directly contribute to securing new business  addition, you will support Procurement activities by reviewing supplier Cost or Pricing Data (CPD) packs, helping to assess fair and reasonable pricing across our supply chain.

You will also work closely with the Integrated Project Team (IPT), providing analytical support during customer negotiations and fact-finding  this role, you will play a central part in delivering accurate, data-driven cost estimates and pricing strategies to support successful bids and commercial outcomes.

This hybrid role combines on-site and remote working, requires occasional UK travel with overnight stays, and involves regularly working to tight deadlines.

Responsibilities include, but are not limited to
* Collaborating with Integrated Product Teams (IPT) to fully understand Request for Quotation (RFQ) requirements and project scope
* Analysing manufacturing processes and methodologies to inform robust cost modelling and estimation
* Reviewing and validating supplier quotations to ensure compliance and readiness for customer audit or fact-find activities
* Assessing historical labour actuals to develop accurate and supportable labour cost estimates
* Producing learning curve calculations to strengthen manufacturing labour forecasts
* Developing detailed bottom-up cost estimates for prime hardware, including materials, assembly, and testing across all stages of the product lifecycle
* Building structured Work Breakdown Structures (WBS) and incorporating phased labour estimates for support functions
* Converting cost data into Works Cost Estimates (WCE) and translating these into competitive selling prices
* Applying risk analysis and contingency provisions in line with project risk registers
* Ensuring full compliance with CEPA processes, financial controls, and governance standards throughout bid preparation
* Supporting adherence to MoD/DoD regulations and commercial frameworks
* Producing high-quality Basis of Estimate (BoE) and audit documentation to underpin bid submissions
* Presenting cost insights, assumptions, and analysis to stakeholders, including IPTs and senior management
* Conducting supplier cost analysis through evaluation of Cost or Pricing Data (CPD) packs, supporting Procurement decision-making
* Identifying cost-saving opportunities and value engineering initiatives to enhance competitiveness
* Working cross-functionally to improve estimate accuracy and drive process efficiency
* Contributing to a culture of continuous improvement, best practice, and knowledge sharing within the CEPA function

This is a dynamic and flexible role, offering the opportunity to take ownership of key elements of the bid process while working collaboratively within a high-performing team environment.
** What you’ll bring
*** HNC qualification (or equivalent) with experience in cost estimating, pricing, or a similar analytical role
* A strong desire to learn, develop, and build expertise within cost analysis…