Finance, Business, Law Finance, Business, Law

Estimator

 

Estimators work out how it is going to cost to supply products and services to their clients. If you’ve a good heart for facts and figures, like being part on a team and want a varied job, this might be a career to suit you.

To do this job well, you will need excellent maths and IT skills, the ability to work with a high degree of accuracy and an organised approach

 

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This career information has been adapted from Prospects and National Careers Service

 

What The Job Involves

What are the key responsibilities for this position?

 

Key Responsibilities

Finding out what the client wants
Researching materials, equipment and labour costs
Collecting quotes from materials suppliers and sub-contractors
Planning job timescales
Assessing the levels of risk on a project
Analysing company data, exchange rates and prices, using software packages
Preparing and submitting quotations for work
Helping with bids for new contracts and supporting buying activities
Monitoring the stages of a project to make sure that costs are kept in line with forecast

 

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Entry Requirements

You would normally move into estimating work after gaining some experience within the same industry as an administrator, craftsperson, technician or surveying assistant. A good general standard of education will be helpful, for exemple GCSes or A levels.
Another option is to study for an HNC, HND or degree before looking for work

What key skills and personal attributes help with this role?

Skills & Attributes

Excellent maths and IT Skills
Good problem-solving skills
The ability to pay close attention to detail
Excellent presentation and communication skills
Project manager skills
Business awareness
An understanding of the importance of data confidentiality
The ability to work on your own and as part of a team
An organised approach to work and the ability to meet deadlines
An awareness of regulations, price trends and exchange rates

How much can you expect to earn and what are the career progression options?

The following figures are intended as a guideline only.

Salary & Progression

Starting Salaries: £20,000 - £25,000
Experienced: £25,000 -£40,000
Senior: £40,000 - £60,000
Case Study

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