Chief Estimator Jobs
A Chief Estimator is a vital position within the construction industry, tasked with overseeing the estimating process to ensure that accurate and timely bids are submitted to clients. This role involves leading a team of estimators, analyzing project plans and specifications, and collaborating with project managers, subcontractors, and vendors to define project scope, costs, and timelines. By optimizing bid processes and maintaining competitive pricing, the Chief Estimator significantly contributes to securing contracts and enhancing the company's profitability.
Strong leadership, management, and communication skills are essential for a Chief Estimator to effectively guide the estimating team and foster relationships with key stakeholders while ensuring compliance with company policies and safety standards. A comprehensive understanding of construction materials, methods, and processes, along with proficiency in relevant software tools, is also crucial for success in Chief Estimator Jobs.
National Yearly Income Range:
$95,000 - $150,000
Why Being a Chief Estimator is Great.
A Chief Estimator is a pivotal role within the construction and project management industries, offering a unique blend of analytical, leadership, and strategic skills. This position not only involves assessing project costs and budgets but also requires a deep understanding of market trends, materials, and labor dynamics. Chief Estimators play a crucial role in guiding project feasibility and profitability, making their insights invaluable to the success of any venture. The opportunity to collaborate with various stakeholders, from architects to project managers, ensures that no two days are the same, fostering a dynamic work environment.
Chief Estimator Jobs are highly sought after, as they offer competitive salaries, career advancement opportunities, and the chance to make a significant impact on large-scale projects.
Chief Estimator Job Duties And Responsibilities
The Chief Estimator is responsible for managing and leading a team of estimators to ensure the accurate and timely estimation of project costs. This role involves reviewing project plans and specifications, collaborating with project managers, and developing relationships with suppliers and subcontractors to secure competitive pricing. Additionally, the Chief Estimator oversees the implementation of estimating tools, provides guidance on bidding strategies, and trains junior estimators on best practices. By maintaining strong communication with stakeholders and ensuring compliance with company policies, the Chief Estimator plays a crucial role in optimizing job costs and supporting successful bid proposals.
Why be a Chief Estimator with IES Residential?
Becoming a Chief Estimator with IES Residential offers a unique opportunity to join a respected leader in the electrical services industry, backed by over 50 years of experience and a commitment to excellence. In this role, you will be part of a dynamic team that values safety, collaboration, and customer satisfaction, while also benefiting from a culture that embraces diversity and fosters professional growth through ongoing training and development. With IESR's strong financial health and focus on community engagement, you will not only contribute to the company's success but also play a pivotal role in building a better world through impactful projects and initiatives.
Your future is bright at IES Residential, where your expertise will help shape the company's legacy and drive its continued growth.
Company Benefits
Competitive Wages
401(k) Plan with Contribution Matching
Paid Time Off (PTO)
Company Paid Life Insurance
Medical, Dental, & Vision Coverage
Short Term Disability Plans
Optional Long-Term Disability
Optional Critical Illness, Accident, Legal, & Pet Coverage.
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IES Residential States of Operation
FAQs
What's a Chief Estimator's job description?
A Chief Estimator in the construction industry is responsible for overseeing the estimating process, ensuring accurate and timely bids are submitted. This role involves leading a team of estimators, analyzing project plans, and collaborating with project managers, subcontractors, and vendors to define project scope, costs, and timelines. The Chief Estimator is crucial for securing contracts and enhancing company profitability through optimized bidding and competitive pricing. Strong leadership, management, and communication skills are essential, along with a deep understanding of construction materials and methods. Proficiency in estimating software is also required.
What is the average salary of a Chief Estimator?
The average salary of a Chief Estimator typically ranges from $95,000 to $150,000 per year, with a median salary of about $122,500. This translates to an hourly wage of approximately $45.67 to $72.12, with a median of $58.94.
How do I get a Chief Estimator job?
To secure a Chief Estimator position, start by obtaining a bachelor's degree in construction management, civil engineering, or a related field. Gain 10-15 years of experience in construction estimating, including 3-5 years in a management role. Develop strong leadership and communication skills, and become proficient in relevant software like Microsoft Office and estimating tools. Join professional associations to enhance your credentials. Build a thorough understanding of construction methods and market conditions. Demonstrate your ability to manage large-scale projects and mentor others, showcasing your organizational and analytical skills. Networking within the industry can also help you find opportunities.
What are the job duties of a Chief Estimator?
The job duties of a Chief Estimator include managing and leading a team of estimators to ensure accurate project cost estimates, reviewing project plans and specifications, and collaborating with project managers for successful bid proposals. They develop relationships with suppliers and subcontractors for competitive pricing, oversee estimating tools and processes, and provide guidance on bidding strategies. The Chief Estimator trains junior estimators, attends pre-bid meetings, prepares budgets and purchase orders, and negotiates prices with vendors. They also ensure compliance with company policies, review proposals, and maintain strong relationships with operations teams while assessing risks and defining subcontracting strategies.
How much does a Chief Estimator make per hour?
A Chief Estimator typically earns between $45.67 and $72.12 per hour, with a median hourly wage of about $58.94.
Is a Chief Estimator job fullfilling?
A Chief Estimator job can be fulfilling for those who enjoy leadership, strategic planning, and problem-solving in construction or project management. It offers opportunities for professional growth, collaboration with diverse teams, and the satisfaction of contributing to successful projects. However, fulfillment may vary based on individual career goals and work environment.
How long does it take to become a Chief Estimator?
Becoming a Chief Estimator typically takes 10 to 15 years of relevant experience in construction estimating, including 3 to 5 years in a management role. A bachelor's degree in construction management or civil engineering is also required, along with strong leadership, communication skills, and proficiency in estimating software.
Is there a demand for Chief Estimators?
Yes, there is a strong demand for Chief Estimators, particularly in the construction and engineering industries. Their expertise in project cost estimation and management is essential for successful project planning and execution, making them highly sought after by companies looking to improve efficiency and profitability.
What are Chief Estimator career paths?
Chief Estimator career paths typically include progression from roles such as junior estimator or estimator to senior estimator and then to chief estimator. With experience, professionals may advance to project management or executive positions in construction or engineering firms. Some may also transition into consulting roles or start their own estimating firms. Continuous education and certification can enhance career advancement opportunities.
What are the job responsibilities of a Chief Estimator?
The job responsibilities of a Chief Estimator include managing a team of estimators to ensure accurate project cost estimations, reviewing project plans and specifications, collaborating with project managers for bid proposals, and maintaining relationships with suppliers and subcontractors for competitive pricing. They oversee estimating tools and processes, provide guidance on bidding strategies, and mentor junior estimators. Additionally, they prepare budgets and contracts, negotiate prices, ensure compliance with company policies, and participate in proposal presentations. The Chief Estimator also assesses project risks, defines subcontracting strategies, and leads the transition of project files to operations upon contract award.
What are the requirements to get a Chief Estimator job?
To become a Chief Estimator, candidates typically need the following requirements:
1. Education: A bachelor's degree in construction management, civil engineering, or a related field.
2. Experience: 10-15 years of relevant experience in construction estimating, with at least 3-5 years in a management role.
3. Skills: Strong leadership and management abilities, excellent communication and interpersonal skills, and thorough knowledge of construction materials and methods.
4. Technical Proficiency: Proficiency in Microsoft Office, MS Project, and estimating software such as Sage, OST, or Procore.
5. Project Experience: Experience managing large-scale projects exceeding $30 million.
6. Professional Membership: Membership in relevant professional associations may be beneficial.
7. Additional Qualities: Strong organizational skills, analytical thinking, adaptability, and the ability to mentor and manage multiple projects simultaneously.
Are there entry level Chief Estimator jobs?
Entry-level Chief Estimator positions do exist, typically requiring a bachelor's degree in construction management, engineering, or a related field. Essential skills include strong analytical abilities, proficiency in estimating software, excellent communication, and a solid understanding of construction processes and costs. Relevant internships or experience in estimating or project management can enhance candidacy.
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