When it comes to the construction and engineering industries, the role of Estimators is very important. Estimators are responsible for assessing the costs associated with projects, which can range from small residential buildings to large-scale industrial complexes. As a Senior Estimator, you will play a vital part in ensuring the financial success of construction projects by providing accurate cost estimations.
Key Responsibilities
- Analyzing project documentation to estimate costs
- Researching, sourcing, and negotiating prices from suppliers
- Assessing financial, technical, and operational risks
Importance of Accurate Cost Estimation
Accurate cost estimation is crucial in construction projects as it directly impacts the project’s financial viability and success. It allows for effective budgeting, resource allocation, and risk management throughout the project lifecycle. Join us in this pivotal role and contribute to the success of our construction projects.
Profile Insights
The role of a Senior Estimator requires a diverse skill set and a strong educational background to succeed in the construction industry. Here are some key insights into the profile of an Estimator:
- Skills: Project management skills are crucial for Senior Estimators, as they oversee the estimation process from start to finish. This includes coordinating with various teams, managing timelines, and ensuring that all aspects of the estimation align with project requirements.
- Education: A Bachelor’s degree in construction or a related field is often necessary for this role. This educational background provides estimators with the foundational knowledge of construction principles, cost estimation techniques, and project management methodologies.
By having these essential skills and education, Senior Estimators can effectively navigate the complexities of construction cost estimation and contribute to the successful execution of projects.
Job Details
When considering a job opportunity, it is important to have a clear understanding of the job details. Let’s dive into the specifics of this Senior Estimator position:
- Pay: As a Senior Estimator, you can expect a competitive salary range. While exact figures may vary depending on factors such as experience and qualifications, rest assured that the company values its estimators and is willing to offer a compensation package that reflects their expertise and contributions.
- Job type: This is a full-time position, offering stability and the opportunity for long-term growth within the company. As a full-time employee, you will benefit from job security, access to company resources, and the ability to fully immerse yourself in your role as a Senior Estimator.
- Shift and schedule: The position follows a Monday-to-Friday schedule. This ensures a structured workweek, allowing you to plan and manage your time effectively. By working weekdays, you’ll have weekends off to recharge and spend time with family and friends.
- Location: This Senior Estimator role is based in Chicago, IL. Chicago is known for its thriving construction industry, providing ample opportunities for growth and networking within the field. Working in such a dynamic city will expose you to diverse projects and allow you to contribute to the development of one of America’s iconic urban landscapes.
With these job details in mind, you can gain a better understanding of what to expect from this exciting opportunity. The competitive pay, full-time employment, favorable schedule, and location in Chicago make this role even more enticing for those looking for stability and career growth in the construction industry.
Benefits
The company offers a comprehensive benefits package for employees, ensuring their well-being and providing added value to the job opportunity. Here are some of the key benefits that come with the position of Senior Estimator:
1. Health insurance
Employees have access to a robust health insurance plan, allowing them to receive medical care and support when needed. This coverage includes doctor visits, hospital stays, prescription medications, and more.
2. Dental Insurance
In addition to health insurance, employees are also provided with dental insurance coverage. This ensures that they can maintain good oral health and receive necessary dental treatments.
3. Life insurance
The company understands the importance of financial security for its employees and their families. Therefore, it offers life insurance coverage to provide financial protection in the event of an employee’s passing.
4. 401(k) retirement plan
The company supports its employees’ long-term financial goals by offering a 401(k) retirement plan. This allows employees to save for their retirement while also benefiting from potential employer contributions.
5. Employee stock ownership plan (ESOP)
One unique aspect of this company is its commitment to employee ownership through an ESOP structure. As a Senior Estimator, you have the opportunity to become a shareholder in the company, which can lead to additional financial benefits as the company grows.
6. Paid time off
The company recognizes the importance of work-life balance and provides generous paid time off for its employees. This includes vacation days, sick leave, and holidays.
These benefits demonstrate the company’s dedication to providing a supportive and rewarding work environment for its employees. By offering comprehensive benefits, the company aims to attract and retain top talent in the industry.
Note: While this section focuses on the benefits offered by the company, it is important to note that specific details and eligibility criteria may vary. It is advisable to refer to the official job posting or contact the company directly for more comprehensive information on the benefits package.
About the Company
The construction client is a Design Build General Contractor that operates in multiple sectors and states, working on various construction projects. They have experience in commercial, industrial, healthcare, and educational sectors, demonstrating their expertise in different areas of construction.
Employee Ownership
One special thing about this company is its focus on employee ownership through an ESOP (Employee Stock Ownership Plan) structure. This shows their commitment to making employees feel like owners and responsible for the company’s success in the long run.
The ESOP structure has several benefits:
- Unity and Shared Purpose: It brings employees together with a common goal of building a successful company.
- Retention and Motivation: It helps retain talented employees by giving them a stake in the company’s performance.
- Alignment of Interests: It ensures that individual efforts are aligned with the overall success of the organization.
- Supportive Work Environment: It creates a supportive and collaborative work environment where everyone feels valued.
This commitment to employee ownership reflects the company’s dedication to building a sustainable and thriving workplace culture that values the contributions of every team member. This unique approach sets them apart as an employer that prioritizes the well-being and professional growth of its employees while delivering exceptional construction services across diverse sectors and locations.
About the Opportunity
The role of the Senior Estimator is crucial in the pre-construction phase, where they play a pivotal role in shaping the success of construction projects and infrastructure initiatives. As part of the pre-construction team, Senior Estimators are responsible for estimating construction costs and developing bid proposals to secure projects. Their involvement in this initial phase sets the foundation for the entire project.
The responsibilities of a Senior Estimator go beyond just crunching numbers. They are tasked with analyzing plans, bills of quantities, and other project documentation to accurately estimate costs. Additionally, they need to stay updated with the latest construction technologies and regulatory requirements to ensure their estimates are comprehensive and aligned with industry standards.
This opportunity allows you to:
- Be involved in decision-making for construction projects
- Directly impact the successful execution of infrastructure initiatives
- Contribute significantly to the growth and success of the organization through your adept estimation skills and strategic bid proposals.
Key Skills and Knowledge for Success
To excel as a Senior Estimator, it is crucial to possess the following key skills and knowledge:
1. Comprehensive and Accurate Cost Estimates
One of the primary responsibilities of a Senior Estimator is to develop detailed and accurate cost estimates for construction projects. This involves considering various factors such as materials, labor, and equipment. Estimators must have a strong understanding of construction processes and costs associated with different types of projects. They need to stay updated with industry trends and pricing fluctuations to ensure their estimates are reliable.
2. Development of Competitive Bid Proposals
In addition to cost estimation, Senior Estimators are responsible for developing bid proposals that align with project requirements and client expectations. This requires a deep understanding of project specifications, scope, and objectives. Estimators must be able to analyze the feasibility of different approaches and identify the most cost-effective solutions. They should also possess strong communication skills to effectively present their proposals to clients.
Estimators should aim to provide comprehensive and detailed bid proposals that showcase their expertise, professionalism, and ability to deliver value to the client. By thoroughly understanding the project requirements and aligning their proposals accordingly, they increase their chances of winning contracts.
By combining these skills with their technical knowledge and experience, Senior Estimators play a vital role in ensuring the financial success of construction projects. Their ability to accurately estimate costs and develop competitive bid proposals contributes to the overall profitability of their organizations.
Remember that being an estimator requires a unique blend of skills, including:
- Numeracy
- Attention to detail
- Commercial awareness
- Negotiation skills
- Communication
- Organization
- Time management
- Problem-solving abilities
Developing these skills along with industry-specific knowledge will set you on the path to success in this role.
Career Progression and Advancement Opportunities
As a Senior Estimator, you will have the opportunity to collaborate closely with the finance team to track and analyze construction project costs. This collaboration is essential for ensuring that project budgets align with the estimated costs, providing valuable experience in cost tracking and financial alignment within the construction industry.
Working for a reputable construction firm offers numerous advantages, including the potential for internal growth opportunities. As you gain experience and demonstrate your expertise in accurate cost estimation and bid proposal development, you may have the opportunity to advance to the role of Chief Estimator. This career progression represents a significant advancement opportunity and a chance to take on more leadership responsibilities within the organization.
Additionally, the compensation package for Senior Estimators often includes competitive salaries and comprehensive benefits, making it an attractive career path for professionals seeking long-term growth and stability in the construction industry.
Requirements
To be considered for the position of Senior Estimator, there are specific requirements and qualifications that candidates should meet. These requirements ensure that the individual has the necessary skills and experience to excel in this role. The key requirements for this position include:
- Experience required in specific construction sectors: Candidates should have a strong background and experience in industrial, healthcare, and commercial construction projects. This includes a deep understanding of the unique challenges and considerations involved in these sectors. Experience in estimating costs for projects in these areas will be highly valued.
- Preferred educational background: A Bachelor of Science degree in a construction-related field is typically preferred for the role of Senior Estimator. This could include degrees in civil engineering, architecture, construction management, or a similar discipline. This educational background provides candidates with the knowledge and skills needed to accurately estimate project costs.
- Senior-level experience as an Estimator: It is important that candidates have previous experience working as an Estimator, preferably at a senior level. This demonstrates their ability to handle complex estimating tasks and make accurate cost projections. Senior-level experience also indicates a track record of success and the ability to lead and mentor other team members.
By meeting these requirements, candidates can position themselves as strong contenders for the Senior Estimator role. Their industry-specific experience, educational background, and senior-level expertise will give them the necessary foundation to excel in this demanding position.
If you believe you meet these requirements and are interested in pursuing this opportunity, we encourage you to apply. Don’t miss out on the chance to join our reputable construction firm as a Senior Estimator!
Conclusion
The role of a Senior Estimator is an exciting opportunity to have a key role in the pre-construction phase, shaping the success of construction projects through accurate cost estimation and bid proposal development. As a qualified individual, you can contribute your expertise and make a significant impact in this dynamic field. Take the next step in your career and apply for this rewarding Estimator position today. The role awaits you!
FAQ
Here are some frequently asked questions about the Senior Estimator job opportunity:
1. What are the key responsibilities of a Senior Estimator?
A Senior Estimator is responsible for estimating construction costs and developing bid proposals in the pre-construction phase. They analyze project documentation, research materials and labor costs, and negotiate with suppliers and subcontractors to obtain competitive prices.
2. What skills and knowledge are essential for success in this role?
It is important for a Senior Estimator to have comprehensive knowledge of construction materials, labor rates, and equipment costs. They should be able to develop accurate cost estimates considering various factors. Strong analytical skills, attention to detail, and proficiency in estimating software are also crucial for success.
3. What are the career progression opportunities for a Senior Estimator?
Working as a Senior Estimator provides opportunities for advancement within the construction industry. With experience and expertise, an individual can progress to a Chief Estimator role or take on managerial positions in project management or operations.
4. What educational background is preferred for this position?
A Bachelor’s degree in construction management, civil engineering, or a related field is often preferred for a Senior Estimator role. Additionally, certifications such as Certified Professional Estimator (CPE) or membership in professional organizations like the American Society of Professional Estimators (ASPE) can enhance one’s qualifications.
5. What sectors of construction experience are relevant for this role?
While experience in any sector of construction can be valuable, specific experience in sectors such as commercial construction, residential development, or infrastructure projects may be particularly relevant for a Senior Estimator position.
These FAQs aim to provide you with more information about the Senior Estimator job opportunity. If you have any further questions or would like to apply for the position, please contact us directly.