Principal Cost Estimating Analyst

Level 3 Principal Cost Estimating Analysts are expected to develop solutions to problems, which require the regular use of resourcefulness and innovation and review data available. Develop concepts, techniques, and standards. Develop estimates based on professional principles and theories. Demonstrates skill and ability to analyze and develop solutions to moderate problems. Most assignments are complex and performed independently without much appreciable direction. Exercises considerable latitude in determining objectives and approaches to assignment. Able to communicate effectively at the highest levels. Viewed as expert in field within the corporation.

Essential Functions:

Estimates tooling labor and material costs of manufacturing and engineering based on request for proposal (RFP) and change requests (CRs) data submitted by prospective customers.
Analyzes specifications, including sketches, blueprints, bills of material, or sample layouts, and calculates production costs using labor and material pricing schedules and historical data.
Collects cost data from functional representatives, subcontractors, and vendors.
Computes cost estimates of raw materials or subcontracted work and labor. Prepares and maintains historical cost data.
Creates cost models for cost estimating elements.
Prepares cost reports and presents findings to management, contract personnel, proposal coordinators, customer representatives, price auditors, vendors, and subcontractors.
Basic Qualifications for a Level 3 Principal Cost Estimating Analyst:

Bachelor's degree with 5 years of Cost, Production, and/or Manufacturing Estimating experience, or a Master's degree with 3 years of Cost, Production, and/or Manufacturing Estimating experience. Related prior similar experience considered with recent experience performing directly related job tasks.
Advanced experience with Microsoft Office tools, specifically performing Least Square Regression, Pivot Table Analysis, and application of Improvement Curves by type.
US Citizenship
Preferred Qualifications:

Knowledge or familiarity of aerospace production operation functions, tasks, and processes.
Knowledge of operations touch labor improvement curve theory and modeling.
Strong presentation skills.
Experience in communicating technical and theoretical analysis.
Experience in supporting negotiations directly with Customers.
* In-depth understanding of Manufacturing and Support Labor and how they interact.
Primary Level Salary Range: $91,200.00 - $136,800.00The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.Depending on the position, employees may be eligible for overtime, shift differential, and a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.Northrop Grumman is an Equal Opportunity Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO and pay transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.

Client-provided location(s): Redondo Beach, CA

Job ID: NorthropGrumman-R10213224

Employment Type: OTHER

Posted: 2025-11-04T20:12:26