Job Title: Senior Cost Engineer
Bristol, England, United Kingdom
Package: Competitive Salary + Benefits
Role ID: 19494
Are you ready to be part of the future? At QinetiQ, we’re not just imagining tomorrow we are creating it. From cutting-edge defence technology to ground-breaking innovations our mission is to empower and protect lives. Join us as a Senior Cost Engineer at our UK Selected Sites, where you will have the opportunity to work with cutting-edge technology in partnership with some of the most brilliant minds.
The Role
As a Senior Cost Engineer, you will play a pivotal role in enabling high‑quality, assured cost engineering across some of our most complex projects, directly shaping the success of major bids, programmes and project delivery.
Day-to-day, you’ll work closely with project teams to develop robust estimates, analyse cost and risk, provide cost engineering assurance, and implement best‑practice techniques across bids and programmes. You will also deliver expert guidance to stakeholders, drive standardised cost engineering processes and contribute to integrated project planning.
Your responsibilities will include:
- Developing and maintaining high‑quality estimates and basis of estimate using a range of cost engineering methods
- Driving best practice and implementing cost engineering approaches across bids, projects and programmes
- Leading cost engineering activities for very complex (LCM 4) projects and solving complex cost‑related challenges
- Producing cost engineering reports and presenting outcomes to senior stakeholders
- Providing cost engineering assurance and key recommendations for major bid and project reviews
- Developing and implementing cost assessment and Quantitative Cost Risk Analysis (QCRA) models
Essential experience of the Senior Cost Engineer:
- Deep knowledge of cost engineering principles, including top‑down, bottom‑up and parametric estimating
- Strong experience conducting Quantitative Cost Risk Analysis (QCRA) and interpreting outputs
- Extensive experience supporting full project lifecycles, preferably on major complex programmes
- Ability to work independently as the cost engineering expert while guiding and mentoring others
- Strong stakeholder engagement abilities, able to influence and communicate cost outcomes confidently
- Experience using specialist cost engineering tools such as SEER, TruePlanning, Predict! Risk Analyser, @Risk or complex Excel estimating models
Essential qualifications for the Senior Cost Engineer:
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Extensive, relevant cost engineering experience is the priority, and can be considered in place of formal qualifications
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Nice-to-have: ACostE Certification, ICEAA Certification, or an MSc/BSc/BA in Engineering, Mathematics, Physics or similar
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Nice-to-have: Membership of a relevant professional body such as SCAF, ICEAA or ACostE
We value difference and we don’t have a fixed idea when it comes to background or education, provided you can show the required level of experience and willingness to learn then we would like to hear from you.
This role is full‑time and can be based at any of our main UK locations. Hybrid working patterns are available. Travel to other QinetiQ and customer sites will be expected.
QinetiQ operates state-of-the-art facilities across the UK that focus on defence, security and technology innovation. These facilities enable QinetiQ to conduct a wide range of research, testing and development activities that support both military and civilian applications helping to advance technology and support national security.
Why Join QinetiQ?
As we continue to grow into new markets around the world, there’s never been a more exciting time to join QinetiQ. The formula for success is our appetite for innovation and having the courage to take on a wide variety of complex challenges.
As a QinetiQ employee, you’ll experience a unique working environment where teams from different backgrounds, disciplines and experiences enjoy collaborating widely and openly as we undertake this exciting and rewarding journey. Through effective teamwork, and pulling together, you’ll get to experience what happens when we all share different perspectives, blend disciplines, and link technologies; constantly discovering new ways of solving complex problems in a diverse and inclusive environment where you can be authentic, feel valued and realise your full potential. Visit our website to read more about our diverse and inclusive workplace culture. www.qinetiq.com/en/careers/life-at-qinetiq
Our Benefits
- Matched contribution pension scheme, with life assurance
- Generous holiday allowance, with the option to purchase additional days
- Options to join Health Cash Plan, Private Medical Insurance and Dental Insurance
- Employee discount portal: Personal Accident Insurance, Travel Insurance, Restaurants, Cinema Tickets and much more
- We are proud to support the Armed Forces community by honouring the Armed Forces Covenant and maintaining our Gold Award standard in the Defence Employer Recognition Scheme
- Volunteering Opportunities - helping charities and local community
Our Recruitment Process:
We want to make sure that our recruitment process is as inclusive as possible and we aspire to bring out the best in our candidates by creating an environment where everyone feels valued, heard and supported. If you have a disability or health condition that may affect your performance in certain assessment types, please speak to your Recruiter about potential reasonable adjustments.
Many roles in QinetiQ are subject to national security vetting being completed, applicants who already hold the appropriate level of vetting may be able to transfer it upon appointment. A number of roles are also subject to additional restrictions, which means factors such as nationality or previous nationalities may affect the roles that you can be employed in.
Please note that all applicants for this role must be eligible for SC clearance, as a minimum.
UKSV National Security Vetting Solution: guidance for applicants - GOV.UK (www.gov.uk)
