Junior Estimators in the United States take home an average $45K annually. Cash earnings for Junior Estimators — including $5K in bonuses and $20K in profit sharing proceeds near the top of the pay scale — generally stretch from $27K to $61K depending on individual performance. Geographic location is the biggest factor affecting pay for this group, followed by career duration. Although a strong majority have medical coverage and a majority have dental coverage, just over one in five claim no health benefits at all. Most people on this career path report moderate levels of job satisfaction. Making up 78 percent of those who took the survey, male Junior Estimators greatly outnumber their female counterparts. The information for this snapshot was generated by responses to the PayScale salary survey
Job Description for Junior Estimator
Junior estimators are in charge of conducting accurate cost analyses and estimations for their organization. They are responsible for preparing preliminary estimates for conceptual projects and assisting more experienced estimators with direct cost reports. These estimators follow company procedures to facilitate and define project scope, as well as use their financial expertise to prepare effective proposals in a deadline-driven environment. They help other estimators with pricing schedules, participate in proposal preparation, and perform technical assessments to facilitate analysis functions. In all tasks, junior estimators must follow project specifications and any relevant confidentiality rules.
Additionally, junior estimators complete risk analyses of data related to program costs. They prepare detailed reports based on economic assessments of key indicators, as well as assist with preapproval of estimates using limited information such as project scope and relevant precedents. Junior estimators conduct post-project costs analyses, provide input on competitive bids and negotiated contracts, conduct data collection, and develop models. Generally, these professionals report their progress to the chief estimator in their department.
A bachelor's degree in math, economics, operations research, or a related field is required for this job. In addition, previous experience as an estimator and industry certifications may be preferred. Junior estimators must have strong organizational skills, have excellent problem-solving abilities, and pay strong attention to detail. They should be able to work effectively with other estimators, but also perform well on their own with minimal supervision.
Junior Estimator Tasks
Oversee work progress, complete logs, and update supervisors about challenges.
Write up technical reports, subcontracts, purchase orders, project updates, and proposals.
Interpret plans and construction materials to propose and double-check estimates.
Identify and resolve deviations from the proposal, including scope and specifications.
Assistant Estimator, Construction Job Listings