Cost Estimator & Price Analyst

Job Description:

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 opportunities.

In 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 activities.

In 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 and commercial functions
• High level of numerical accuracy with strong analytical and problem-solving skills
• A methodical, detail-oriented approach to data analysis and cost modelling
• Proficiency in Microsoft Excel, Word, and PowerPoint, with the ability to handle and present complex data sets
• Ability to work both independently and collaboratively within cross-functional teams
• Strong time management and prioritisation skills, with the ability to meet tight deadlines in a fast-paced environment
• Excellent written and verbal communication skills, with confidence in presenting data and insights
• Highly organised, with exceptional attention to detail and a commitment to accuracy

This is not an exhaustive list, and we are keen to hear from you even if you might not have experience in all the above. The most important skill is a good attitude and willingness to learn.

Security Clearance

This role is subject to pre-employment screening in line with the UK Government’s Baseline Personnel Security Standard (BPSS). An additional range of Personnel Security Controls referred to as National Security Vetting (NSV) may apply, this could include meeting the eligibility requirements for The Security Check (SC) or Developed Vetting (DV). For more information and guidance please visit: https://careers.uk.leonardo.com/gb/en/security-and-vetting

Why join us

At Leonardo, our people are at the heart of everything we do. We offer a comprehensive, company-funded benefits package that supports your wellbeing, career development, and work–life balance. Whether you're looking to grow professionally, care for your health, or plan for the future, we’re here to help you thrive.

• Time to Recharge: Enjoy generous leave with the opportunity to accrue up to 12 additional flexi-days each year.
• Secure your Future: Benefit from our award-winning pension scheme with up to 15% employer contribution.
• Your Wellbeing Matters: Free access to mental health support, financial advice, and employee-led networks championing inclusion and diversity (Enable, Pride, Equalise, Armed Forces, Carers, Wellbeing and Ethnicity).
• Rewarding Performance: All employees at management level and below are eligible for our bonus scheme.
• Never Stop Learning: Free access to 4,000+ online courses via Coursera and LinkedIn Learning.
• Refer a friend: Receive a financial reward through our referral programme.
• Tailored Perks: Spend up to £500 annually on flexible benefits including private healthcare, dental, family cover, tech & lifestyle discounts, gym memberships and more.
• Flexible working: Flexible hours with hybrid working options. For part time opportunities, please talk to us about what might be possible for this role.

For a full list of our company benefits please visit our website.

Leonardo is a global leader in Aerospace, Defence, and Security. Headquartered in Italy, we employ over 53,000 people worldwide including 8,500 across 9 sites in the UK. Our employees are not just part of a team—they are key contributors to shaping innovation, advancing technology, and enhancing global safety.

At Leonardo we are committed to building an inclusive, accessible, and welcoming workplace. We believe that a diverse workforce sparks creativity, drives innovation, and leads to better outcomes for our people and our customers. If you have any accessibility requirements to support you during the recruitment process, just let us know.

Be part of something bigger - apply now!

Primary Location:

GB - Basildon

Contract Type:

Permanent

Hybrid Working:

Hybrid