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Mid-Level Estimating and Pricing Specialist

Mid-Level Estimating and Pricing Specialist

Company:

The Boeing Company

The Boeing Company’s F-15/T-7/T-45 Estimating and Pricing team is seeking a Mid-Level Estimating and Pricing Specialist to join the estimating team in Hazelwood, MO.  

The successful candidate will be responsible for the development of estimates (labor, material, Other Direct Cost (ODC) and cost/price proposals for new business activities. This assignment may support Boeing Space and Security (BDS) or Boeing Global Services (BGS) proposal teams and a variety of internal and external customers.

This Experienced Estimating and Pricing specialist would primarily support F-15 and T-7 material estimates for the BDS business unit.  Our BDS support includes completing estimates for production U.S Government contracts and Foreign Military Sales customers. There could also be an opportunity to cross train and support labor and material estimating tasks for the F-15, T-7, and T-45 Programs, all of which have complex proposal and execution challenges.  The selected individual will support proposal development, customer negotiation, and contract settlement processes.

Position Responsibilities:

  • Develops estimates and prices from technical requirements through the design, build, and aftermarket support stages of the program

  • Develops, prepares and validates estimates and prices

  • Evaluates requests for proposal, substantiates estimates/pricing and assembles price proposals

  • Develops estimating and pricing methods

  • Evaluates and develops business cases

  • Performs analyses and provides recommendations in support of pricing/estimating (risk, financial, competitive, etc.)

  • Develops and maintains pricing models

  • Incorporates data into and maintains structured systems and coordinates program database requirements

  • Develops/applies/maintains rates and factors for estimating, pricing and proposals

  • Performs compliance activities including policy and procedure development, system/tool deployment and training delivery

This position is hybrid. This means that the selected candidate will be required to perform some work onsite at one of the listed location options.  This is at the hiring team’s discretion and could potentially change in the future.

Basic Qualifications (Required Skills/Experience):

  • Bachelor's Degree or higher

  • 5+ years of experience with Microsoft Office suite including Word, Excel, PowerPoint, Access and Project

  • 3+ years of experience in business related function (including but not limited to: Finance, Contracts, Estimating, Procurement Financial Analysis, Business Operations, Supplier Management, Marketing and Sales

Preferred Qualifications (Desired Skills/Experience):

  • Working knowledge of Untied States Government (USG) Cost Accounting Standards and Federal Acquisition Regulations

  • Experience building proposals utilizing pricing systems, estimating and pricing tools and processes

  • Strong critical thinking, problem solving, negotiation, communication and interpersonal skills

  • Comfortable working in a highly dynamic and diverse team environment with the ability to work across business units, functions and tailor communication to all skill levels within the organization

  • Ability to work both independently as well as in a team environment and be highly responsive to the needs generated by the day-to-day activities of management and the organization

Drug Free Workplace:

Boeing is a Drug Free Workplace where post offer applicants and employees are subject to testing for marijuana, cocaine, opioids, amphetamines, PCP, and alcohol when criteria is met as outlined in our policies.

Pay & Benefits:

At Boeing, we strive to deliver a Total Rewards package that will attract, engage and retain the top talent. Elements of the Total Rewards package include competitive base pay and variable compensation opportunities. 

The Boeing Company also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health insurance, flexible spending accounts, health savings accounts, retirement savings plans, life and disability insurance programs, and a number of programs that provide for both paid and unpaid time away from work. 

The specific programs and options available to any given employee may vary depending on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements.

Pay is based upon candidate experience and qualifications, as well as market and business considerations. 

Summary pay range: $84,150 - $113,850

Language Requirements:

Not Applicable

Education:

Bachelor's Degree or Equivalent

Relocation:

This position offers relocation based on candidate eligibility.

Export Control Requirement:

This position must meet export control compliance requirements. To meet export control compliance requirements, a “U.S. Person” as defined by 22 C.F.R. §120.15 is required. “U.S. Person” includes U.S. Citizen, lawful permanent resident, refugee, or asylee.

Safety Sensitive:

This is not a Safety Sensitive Position.

Security Clearance:

This position does not require a Security Clearance.

Visa Sponsorship:

Employer will not sponsor applicants for employment visa status.

Contingent Upon Award Program

This position is not contingent upon program award

Shift:

Shift 1 (United States of America)

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Boeing is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national origin, gender, sexual orientation, gender identity, age, physical or mental disability, genetic factors, military/veteran status or other characteristics protected by law.

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Average salary estimate

$99000 / YEARLY (est.)
min
max
$84150K
$113850K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Mid-Level Estimating and Pricing Specialist, Boeing

Are you ready to take your expertise in estimating and pricing to the next level? The Boeing Company is on the lookout for a dynamic Mid-Level Estimating and Pricing Specialist to join our strong team in Hazelwood, MO. In this pivotal role, you'll dive into the development of estimates covering labor, materials, and other direct costs for exciting new business opportunities. You'll support our F-15 and T-7 programs, working alongside proposal teams to craft competitive pricing proposals for both domestic and international government contracts. Your insights and analysis will also guide customer negotiations and assist in the contract settlement processes. Imagine contributing to critical defense contracts and playing a key role in shaping the pricing strategies that directly impact our mission success. We're all about collaboration here, so expect to work with diverse teams across various business units to ensure our pricing models are robust and competitive. If you have a bachelor’s degree and over 5 years of experience in relevant business functions, along with strong critical thinking and communication skills, we want to hear from you! This hybrid position offers an engaging environment where your efforts truly matter and your career can flourish. Join us and be a part of something bigger at Boeing.

Frequently Asked Questions (FAQs) for Mid-Level Estimating and Pricing Specialist Role at Boeing
What are the key responsibilities of a Mid-Level Estimating and Pricing Specialist at Boeing?

As a Mid-Level Estimating and Pricing Specialist at Boeing, you'll be responsible for developing estimates for labor, material, and other costs associated with proposals for new business. This includes evaluating requests for proposals, substantiating estimates, preparing pricing proposals, and supporting negotiations. Your role will be crucial in building competitive pricing methodologies tailored to meet the demands of both internal and external clients.

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What qualifications are needed for the Mid-Level Estimating and Pricing Specialist role at Boeing?

To qualify for the Mid-Level Estimating and Pricing Specialist position at Boeing, you need at least a bachelor's degree along with 5+ years of experience using Microsoft Office tools. Additionally, a background in areas such as finance, estimating, or procurement is essential. Preferred candidates will have knowledge of U.S. Government Cost Accounting Standards and experience with pricing systems and tools.

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What does the hybrid work model look like for the Mid-Level Estimating and Pricing Specialist at Boeing?

The hybrid work model for the Mid-Level Estimating and Pricing Specialist at Boeing means that you will perform some tasks onsite in Hazelwood, MO, but also have the flexibility to work remotely. The exact balance between remote and onsite work can change based on team needs and management discretion, promoting a flexible working environment.

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How does Boeing support career growth for Mid-Level Estimating and Pricing Specialists?

At Boeing, we believe in fostering talent and supporting career advancement. As a Mid-Level Estimating and Pricing Specialist, you'll have access to various training programs and professional development opportunities. Collaborative projects across different business units will further expand your skill set and pave the way for career progression within the company.

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What does the pay range look like for the Mid-Level Estimating and Pricing Specialist position at Boeing?

The pay range for a Mid-Level Estimating and Pricing Specialist at Boeing is competitive, with a summary range between $84,150 and $113,850. Compensation is based on experience, qualifications, and market conditions to attract top talent.

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Common Interview Questions for Mid-Level Estimating and Pricing Specialist
What experience do you have with estimating costs for defense contracts?

When answering this question, highlight specific projects where you developed estimates for defense contracts, detailing the types of costs you estimated and the tools or methodologies you used. Emphasize your familiarity with government accounting standards if applicable.

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How do you ensure the accuracy of your pricing proposals?

Discuss your approach to validating estimates, such as reviewing technical requirements, collaborating with team members, and implementing structured systems for data management. Mention any specific checks or methodologies you utilize to enhance accuracy.

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Describe a time when you encountered a challenging negotiation. How did you handle it?

Use the STAR method (Situation, Task, Action, Result) to frame your response. Focus on a particular negotiation related to pricing or contracts, laying out how you prepared, the strategies you employed, and the outcome.

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What software tools are you familiar with for pricing and estimating?

Be specific about your experience with tools like Microsoft Excel, Access, or any specialized pricing software. Discuss how these tools have aided your estimating processes and improved your work efficiency.

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How do you approach working in a cross-functional team environment?

Emphasize your adaptability and communication skills. Provide examples of how you have collaborated with diverse teams, particularly in estimating and pricing roles, and how this fosters innovative solutions.

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What methods do you use to evaluate risks associated with pricing decisions?

Explain your approach to risk analysis, including any tools or frameworks you utilize to identify potential risks and assess their impacts on pricing. Discuss past experiences where your risk evaluations informed decision-making.

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Can you explain your understanding of U.S. Government Cost Accounting Standards and how they apply to your work?

Demonstrate your knowledge of Cost Accounting Standards by discussing their significance and relevance in proposal development, as well as how adherence affects pricing and negotiations with government entities.

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What strategies do you use to ensure compliance in estimating and pricing?

Talk about your experience in monitoring compliance with policy and procedure. Highlight specific experiences where you implemented tools or training programs to ensure teams adhere to established standards.

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How do you stay current with changes in pricing strategies or regulations?

Discuss the resources you use to keep up with industry standards, regulatory changes, and best practices. Mention any professional organizations you belong to or publications you read regularly.

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What is your experience in developing pricing models?

Share examples of pricing models you've developed, what factors you considered, and how they were utilized in proposal submissions. Highlight any innovative methods you've implemented to enhance model accuracy.

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Photo of the Rise User
Inclusive & Diverse
Rise from Within
Mission Driven
Diversity of Opinions
Work/Life Harmony
Transparent & Candid
Growth & Learning
Fast-Paced
Collaboration over Competition
Take Risks
Friends Outside of Work
Passion for Exploration
Customer-Centric
Reward & Recognition
Feedback Forward
Rapid Growth
Medical Insurance
Paid Time-Off
Maternity Leave
Mental Health Resources
Equity
Paternity Leave
Fully Distributed
Flex-Friendly
Some Meals Provided
Snacks
Social Gatherings
Pet Friendly
Company Retreats
Dental Insurance
Life insurance
Health Savings Account (HSA)

The story of our company is woven together from thousands of individual stories of engineers and technicians. Scientists and thinkers. Innovators and dreamers. Equity, diversity and inclusion are crucial to our employees, our stakeholders, and our...

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Full-time, hybrid
DATE POSTED
April 17, 2025

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