Title: Tender Estimator
London (Sutton), GB
What will you be doing?
Reporting to the Estimating Manager, the Tender Estimator is responsible for establishing cost estimates and commercial deliverables in accordance with ITT requirements, technical constraints, and commercial aspects. This cross-functional role provides an overview of our business and projects, ideal for technical profiles wishing to acquire commercial and project management support skills.
- Build accurate cost estimates for commercial proposals while ensuring full compliance with Subsea7’s Business Management System (BMS) and internal procedures, fostering accountability, quality, and continuous improvement throughout the estimating process.
- Develop the execution plan with the Project Manager (Tender Lead) and the Tender Engineer (Commercial Lead) to produce a complete, accurate, and optimized cost estimate.
- Perform cost simulations to evaluate alternatives (e.g., J-lay vs. Reel Lay, flexible vs. rigid) and support the tender team in identifying the most cost-effective solutions.
- Integrate deliverables from all departments involved in the tender process, including Project and Operations, Engineering, Business Delivery Functions, Legal, Finance (including Tax and Treasury), and Insurance. Provide proactive input to support their contributions.
- Contribute to initiatives that strengthen collaboration between Estimating and support functions, with the aim of developing more competitive and value-driven proposals.
- Prepare commercial deliverables for proposals, including price schedules for Lump Sum, options, and unit rates.
- Analyze project expenses and revenue over time to support favorable payment terms and cash flow conditions in contracts.
- Implement cost impacts during contract clarification and negotiation phases.
- Perform product-based cost analysis for each tender, ensuring clarity and accuracy in the breakdown of cost components.
- Ensure smooth handover to the project team after contract award, following Group S&M guidelines.
What experience would we like you to have?
- Bachelor’s degree in Engineering, Finance, Cost Engineering, or equivalent
- Minimum 5 years of relevant experience (preferred)
- Good understanding of Subsea7’s products and activities (preferred)
- Experience in estimating or project services in similar industries (preferred)
- Precision and attention for detail
- Proactive, analytical, and highly curious
- Flexible and available to meet demanding deadlines
- Team-oriented with transparent and collaborative work style
- Ethical and trustworthy with confidential information
- Able to take a broad view and apply critical thinking
- Fluent in English, both written and spoken