Estimator Job Description: Salary, Duties, Skills
As you begin researching job descriptions for a career as an estimator, it isn't uncommon to also see listings as cost planners as well. Pursuing this rewarding career means you'll be responsible for collecting and evaluating a company's data. You’ll use that data for estimating the resources, costs, and labor necessary for producing a product or service. Your responsibilities will include conducting research, gathering quotes, monitoring forecast plans, and preparing reports.
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Estimator Job Description Sample
We're actively in search of a highly-analytical, qualified, and organized estimator to join our team of professionals. You'll be responsible for preparing accurate estimate reports for all projects. You'll do this by researching, collecting information, analyzing metrics, and conducting risk assessments regularly. Successful candidates must be fluent in accounting and mathematics. You must also have in-depth knowledge of research and data analysis techniques, as well as estimation systems. Top candidates are excellent communicators, have outstanding organizational skills, and are detail-oriented.
Estimator Resume Summary
This is how you might describe your position as an Estimator in a resume summary, executive summary or professional summary:
Detail-oriented, motivated, and qualified estimator with over a decade of experience. My previous work includes independently with clients, as well as developing cost analyses for various businesses. I have a proven background in forecasting corporate expenses and the implementation of policies for managing them. My experience also includes collaborating with senior management staff regarding analyzing cost estimates and optimizing profits by reducing costs. I am seeking to leverage my proven skills and expertise within your already established organization.
Estimator National Average Salary
According to the 2019 statistics available by PayScale, the national average salary for an estimator is $57,291 per year. That equates to, on average, a median wage of $19.94 per hour. Entry-level estimators with less than one year of experience, can expect to see salaries of $45,000 per year. Those who have been working as estimators for twenty years or longer are reporting wages of at least $72,000 or higher.
Estimator Duties & Responsibilities
- Collects a broad range of quotes from subcontractors, suppliers, and vendors.
- Maintains accurate and up-to-date contact information for clients, subcontractors, and suppliers.
- Analyzes company data and uses software packages to monitor budgets and pricing.
- Reviews and assesses all cost estimates.
- Identifies costs, materials, time, and labor requirements by researching blueprints, proposals, and all other documentation.
- Completes cost comparisons by referring to historical data.
- Prepares meticulous cost estimate reports.
- Conducts risk assessments regularly.
- Oversees a company's project's various stages to ensure its expenses are on-track.
- Collects and analyzes data to resolve discrepancies.
- Assembles and displays descriptive and numerical information for presentations.
- Enters and backs up data in a cost database.
- Attends educational workshops and reviews technical publications to maintain procedural knowledge.
- Presents complex and detailed reports to stakeholders and management.
- Outstanding presentation skills.
- Superb critical thinking and problem-solving skills.
- Excellent time-management skills.
- Exceptional written, verbal, and interpersonal skills.
- Must able to think analytically.
- Can work independently and as part of a crew.
- Demonstrates initiative and strives for excellence.
- Possesses a "can do" attitude.
- Adaptive to change and is flexible.
- Working understanding of project management and financial principles.
- In-depth knowledge of data analysis, estimation formulas, and research methods.
- Outstanding negotiating abilities.
- Bachelor's in Accounting, Construction Science, Engineering an equivalent field.
- At least three years' experience as an estimator or serving in a similar role.
- Might be beneficial to be a Certified Professional Estimator (CPE).
- Remarkable IT and mathematics capabilities and skills.
- Proficient in all relevant software, including HCSS HeavyBid, MS Office Suite, and Timberline.
- Can multi-task and meet strict deadlines.
- Excellent supervisory skills.
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