Northrop Grumman

Principal/Senior Principal Independent Cost Evaluation Analyst

Northrop Grumman$85K — $160K *
US-AnywhereRemote in United States
Aerospace & Defense
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of relevant experience in cost estimating and analysis, or 3-5 years with a Master's degree
  • Proven expertise in cost modeling and financial risk assessments
  • Ability to interpret and represent complex cost data visually
  • Experience in business management cost modeling related to government contracts
  • Active DoD Secret Clearance, with potential for Top Secret/SCI

Responsibilities

  • Collect and analyze data for independent cost assessments
  • Develop and maintain historical cost data repositories
  • Design and document standardized cost evaluation tools
  • Support independent reviews with validated datasets
  • Perform statistical analysis to develop predictive cost models
  • Identify key cost drivers and integrate them into evaluation frameworks
  • Communicate insights and recommendations to stakeholders

Benefits

  • Health insurance coverage
  • Life and disability insurance
  • Savings plan
  • Paid holidays and paid time off (PTO)
Full Job Description
RELOCATION ASSISTANCE: No relocation assistance available CLEARANCE REQUIRED FOR START: Yes CLEARANCE TYPE: Secret TRAVEL: Yes, 25% of the Time Northrop Grumman is seeking a Principal/Senior Principal Cost Estimating Analyst for our Corporate Office, located in Falls Church, Virginia. Due to the position's requirement for significant travel (up to 35%) to proposal work locations, the candidate may work remotely or from any Northrop Grumman site within the U.S., offering flexibility on work location. The Independent Cost Evaluation (ICE) Analyst plays a critical role in collecting, analyzing, and synthesizing data to support independent cost assessments of proposal reviews. This role focuses on building credible data foundations, cost models, and uncertainty ranges to enable effective and accurate independent assessments of proposals. The ICE Analyst will work to establish consistent processes and tools across sectors, ensuring the organization has a standardized and scalable approach to independent cost evaluation activities. This is a highly collaborative role that involves coordination across multiple functions, leveraging external industry data, internal program performance metrics, and historical information to improve cost evaluation methodologies and future proposal review quality. Key Responsibilities: - Collect, analyze, and validate data from internal program performance, external industry sources, and historical actuals to create foundational datasets for future proposal reviews. - Develop and maintain repositories of historical cost data and modeling inputs, ensuring data quality, accuracy, and accessibility for independent cost evaluations. - Design, refine, and document standardized tools, frameworks, and methodologies for independent cost and risk assessment that are scalable and consistent across various sectors. - Support independent reviews by supplying validated datasets and performing analyses that establish independent ranges of cost uncertainty. - Perform statistical analysis on cost and performance data, developing predictive models to support robust and defensible independent evaluations. - Contributes to the identification of key cost drivers and risk factors, ensuring these are integrated into standardized evaluation frameworks. - Collaborate with data owners to gather relevant information and ensure alignment of shared objectives. - Assist in the refinement of the evaluation process, identifying areas for improvement and contributing to the development of best practices for cost evaluations. - Communicate data-driven insights, trends, and recommendations effectively in both written reports and presentations for use by review teams, management, and external stakeholders. Knowledge, Skills, and Abilities: - Demonstrates expertise in independent cost estimating, cost modeling, and financial risk assessment methodologies. - Familiarity with external data sources, industry benchmarks, and internal program performance metrics for cost assessment purposes. - Demonstrates a high level of expertise in data collection, statistical analysis, and cost model development, with a focus on supporting independent cost evaluations. - Proficient in building, maintaining, and improving cost data repositories and modeling inputs. - Strong analytical skills with the ability to identify critical cost drivers, risk factors, and trends across large datasets. - Demonstrates innovative thinking and an ability to develop methodologies, tools, and processes that ensure the consistency and efficiency of independent cost evaluations across sectors. - Skilled in interpreting and visually representing complex cost data to support decision-making and independent reviews. - Strong communication and presentation skills, with the ability to effectively articulate technical findings and data analysis in a clear and concise manner. Impact: The Independent Cost Evaluation Analyst plays a crucial role in supporting the broader ICE community’s ability to assess and evaluate proposal positions. Accurate and thorough independent cost estimates significantly influence resource allocation, competitive positioning, customer satisfaction, and the long-term success of the company.  This role can be filled at a Principal or Senior Principal level, depending on the years of experience candidates bring to our screening and evaluation process. Basic Qualifications for a Principal Independent Cost Evaluation Analyst - BS Degree in Business, Engineering or a similar field and a minimum of 5 years of relevant experience. (Masters degree and 3 years of relevant experience. ) Basic Qualifications for a Senior Principal Independent Cost Evaluation Analyst - BS Degree in Business, Engineering or a similar field and a minimum of 8 years of relevant experience. (Master's degree and 5 years of relevant experience.) Remaining Qualifications for Both Levels: - Demonstrated experience in business management cost modeling and government contracts. - Ability to travel up to 35% of the time to required sites for reviews. - An active DoD Secret Clearance, with the ability to obtain and maintain a Top Secret/SCI Clearance within a reasonable amount of time following hire. Preferred Qualifications: - Master's degree in Business, Engineering or similar field from an accredited institution. - Cross-sector experience is highly desirable. - Experience in the aerospace industry. - Active or transferable Top Secret/SCI security clearance. Primary Level Salary Range: $85,600.00 - $128,400.00 Secondary Level Salary Range: $106,800.00 - $160,200.00 The 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.

About Northrop Grumman

Northrop Grumman is a security company that provides systems, products, and solutions in aerospace, electronics, information systems, shipbuilding, and technical services to government and commercial customers. They design, develop, and build everything from aircraft and spacecraft to cyber security systems. The company is involved in a wide range of defense and technology projects, including the development of aircraft, space systems, cybersecurity solutions, and advanced electronics.

Northrop Grumman Careers

Join the elite team at Northrop Grumman, a leading global security company providing innovative systems, products, and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization to customers worldwide. There has never been a more exciting time to advance your career with Northrop Grumman.

Work You’ll Do

At Northrop Grumman, your work will redefine the edges of technology and create a safer future. Our culture thrives on intellectual curiosity, cognitive diversity, and bringing your whole self to work. Our team is at the forefront of innovation, collaborating to make the impossible, possible.

Explore Job Opportunities and Growth

Whether you’re looking for an internship, an entry-level position, or a spot for seasoned professionals, Northrop Grumman offers a variety of career paths that encourage growth and development. Explore job opportunities that elevate your skills, and push your career to the next level.

Join Our Diverse and Inclusive Team

Diversity and inclusion are the foundations of our culture. Northrop Grumman is committed to building a diverse team that fosters an inclusive environment, where every team member is valued for their unique perspectives and contributions. We believe that diversity fuels innovation.

Professional Development and Benefits

Northrop Grumman is dedicated to your professional and personal growth. We offer unparalleled benefits, including comprehensive health coverage, generous time off, and family care resources. Additionally, we provide extensive leadership and diversity training to help you craft your career path.

Networking and Leadership

Enhance your career through our robust networking opportunities. Connect with leaders and peers within Northrop Grumman through various events, mentorship programs, and professional groups. Our leadership is deeply invested in nurturing talent and guiding team members through their career journey.

Innovation in Technology

Drive technological breakthroughs with a company at the cutting edge of innovation. Northrop Grumman is a place where you can work on projects that push the boundaries of what is possible.

How to Apply

Ready to join our team? Check out the open positions on our Careers page. Tailor your resume to highlight your relevant skills and experiences. Prepare for your interview with us by researching our projects and understanding our company’s mission and values.

Stay Connected

Keep up to date with the latest news, job openings, and insider tips by subscribing to our careers blog. Personalize your experience by joining our community and setting up job alert emails tailored to your career preferences.

Northrop Grumman Jobs

Discover the impact you can make with a career at Northrop Grumman. We are actively hiring and looking for passionate, curious, and solution-driven team players. Search Northrop Grumman jobs today and find where your expertise is needed most. Join Northrop Grumman, and be part of a team that is dedicated to making a difference, not only within the company but in the world at large. Your journey to building a rewarding career starts here.
Learn more about Northrop Grumman
Size
88,000 employees
Market Cap
$82.7 billion
Industry
Net Income
$3.1 billion
Founded
1939
5 Year Trend
+7.6%
Revenue
$36.7 billion
NASDAQ

Similar Jobs

More Jobs at Northrop Grumman

More Aerospace & Defense Jobs

Find similar Principal/Senior Principal Independent Cost Evaluation Analyst jobs: