Northrop Grumman

Principal/ Sr. Principal Pricing Cost Estimating

Northrop Grumman$81K — $176K *
Aerospace & Defense
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s or Master’s degree in economics, finance, engineering, or similar field coupled with relevant cost estimating experience.
  • 5-8 years of experience in cost estimating and proposal evaluation.
  • Ability to obtain and maintain a U.S. Secret level security clearance.
  • Expertise in statistics, business management, and risk/opportunity modeling.
  • Strong analytical and communication skills to present findings effectively.”],
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Responsibilities

  • Evaluate basis-of-estimates and proposal offerings to achieve accurate cost estimates.
  • Collaborate with program teams to enhance estimating practices and compliance.
  • Develop training and tools in conjunction with management to support estimating functions.
  • Identify and quantify risks and opportunities in cost estimates and business management tasks.
  • Analyze diverse data into actionable quantitative insights.
  • Assess strategic value of business cases to inform decisions.

Benefits

  • Relocation assistance may be available.
  • Health insurance coverage and paid time off for vacations and personal business.
  • Life and disability insurance options.
  • Savings plan with potential for profit-sharing bonuses.
Full Job Description
RELOCATION ASSISTANCE: Relocation assistance may be available CLEARANCE REQUIRED FOR START: No CLEARANCE TYPE: Secret TRAVEL: Yes, 25% of the Time Northrop Grumman Defense Systems (NGDS) is seeking a Principal/Sr. Principal Pricing Cost Estimating / Independent Cost Evaluation (ICE) Analyst to join our growing team at one of the following Northrop Grumman Defense System sites such as Elkton, MD, Plymouth, MN; Rocket Center, WV, Huntsville, AL; Mesa, AZ; or Redondo Beach, CA The selected candidate will support the Pricing and Estimating group by evaluating basis-of-estimates and proposal offerings to ensure consistent estimating practices across the sector that produce high quality, well-supported cost estimates that comply with both internal and external regulatory requirements. This individual will support, as assigned by direct management, independent cost evaluation reviews encompassing business acquisition through program execution and close out. Specific responsibilities include: - Supports Pricing and Estimating Analyst and meets strict deadlines - Collaborates with current programs in execution and other functional areas to improve basis-of-estimate compliance, enhance estimating techniques , and improve related processes - Develops and delivers training, tools, and templates in coordination with direct management - Identifies, evaluates and independently quantifies risks and opportunities and their associated probabilities in cost estimates, terms and conditions, and all other business management-related functions - Analyzes, amalgamates, and interprets diverse data into quantitative findings and utilizes them within the context of each unique situation - Understand and assess the strategic value and viability of business cases Basic Qualifications for Principal Pricing Cost Estimating / Independent Cost Evaluation (ICE) Analyst: - Must have one of the following: - Bachelor’s degree in economics, business, operations analysis, finance, engineering or a related discipline with a minimum of 5 years of cost estimating and cost proposal experience - Master’s degree in economics, business, operations analysis, finance, engineering or a related discipline with a minimum of 3 years of cost estimating and cost proposal experience - Four additional years of experience can be used in lieu of degree. - Must be able to obtain and maintain a U.S. Secret level security clearance - Must be able to work on-site at one of the listed sites: Elkton, MD, Plymouth, MN; Rocket Center, WV, Huntsville, AL; Mesa, AZ; or Redondo Beach, CA - Must be able to travel as needed (up to 25% of the time) Basic Qualifications for Sr. Principal Pricing Cost Estimating / Independent Cost Evaluation (ICE) Analyst: - Must have one of the following: - Bachelor’s degree in economics, business, operations analysis, finance, engineering or a related discipline with a minimum of 8 years of cost estimating and cost proposal experience - Master’s degree in economics, business, operations analysis, finance, engineering or a related discipline with a minimum of 6 years of cost estimating and cost proposal experience - Four additional years of experience can be used in lieu of degree. - Must be able to obtain and maintain a U.S. Secret level security clearance - Must be able to work on-site at one of the listed sites: Elkton, MD, Plymouth, MN; Rocket Center, WV, Huntsville, AL; Mesa, AZ; or Redondo Beach, CA - Must be able to travel as needed (up to 25% of the time) Preferred Qualifications: - Experience conducting or supporting independent program reviews - Cross-sector experience is desirable - Experience in the aerospace/defense industry - Active U.S. Department of Defense (DoD) Secret security clearance - Demonstrated expertise in statistics, business management, cost estimation, risk/opportunity modeling and a working understanding of Government and commercial contracting and subcontracting - Strong problem solving and analytical skills; ability to make recommendations and provide guidance to effectively bring projects to completion - Dynamic, self-starter with the ability to conduct detailed-level analyses and understand them in the larger strategic perspective of an overall business case - Excellent communication skills, with the ability to use them in informing, presenting, negotiating and problem solving with a wide range of people - Demonstrated experience managing teams towards a focused time-critical objective - A flexible approach to work, an understanding of working collaboratively with multiple stakeholders on complex undertakings, and the willingness to be an active and supportive member of a cross-functional team to achieve goals - Well versed in a broad range of cost estimating methodologies with the ability to implement, model and train them effectively Primary Level Salary Range: $81,400.00 - $141,200.00 Secondary Level Salary Range: $101,400.00 - $176,300.00 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.

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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.

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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

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