Engineer or Mathematician - Cost Estimating Analyst (Entry Level)
This entry-level Cost Estimating Analyst role supports the Missile Defense Agency's THAAD program by developing and maintaining life cycle cost estimates and models. The position involves applying mathematical and statistical methods to analyze cost data, support business case and risk analyses, and contribute to defense acquisition cost assessments under supervision.
About Careertakes
👉 Important disclosure: Careertakes is a third-party recruiting platform supporting this hiring process. If selected, you will be employed directly by our client, Defense & Aerospace.
Applicants for this role may also receive access to additional matched opportunities through the Careertakes platform.
Overview
This entry-level Cost Estimating Analyst role in Triana, AL supports missile defense programs (THAAD/MDA). As a Cost Estimating Analyst you will develop and maintain life‑cycle cost estimates and cost models, analyze contractor cost reports and DD Form 1921s, and support business case and risk analyses. This position is ideal for candidates with a math-based bachelor’s degree who want hands-on cost modeling experience and DoD Secret clearance eligibility.
What You’ll Do
- Under supervision, develop, present, and defend mathematical cost estimates, cost estimating relationships, and cost models.
- Develop cost estimating relationships using applied mathematics, probability, statistics, regression analysis, linear algebra, learning curves, and data collection.
- Use data analytics to collect and analyze cost data from contractors’ DD Form 1921s and Cost Performance Reports / Integrated Program Management Reports (CPR/IPMR) to build and maintain a credible cost database.
- Support Business Case Analysis (BCA), Analysis of Alternatives (AOA), and risk analysis by running what‑if drills, sensitivity analyses, Monte Carlo simulations, and other cost-related studies.
- Review Cost Analysis Requirements Documents (CARDS).
- Collect, validate, and manage cost data, technical baseline data, and cost research/analysis.
Minimum Qualifications
- Bachelor’s degree in Mathematics, Engineering, Operations Research, Economics, Statistics, Business Analytics, or a related math-based field.
- No prior professional experience required; entry‑level candidates are encouraged to apply.
- Strong oral and written communication skills.
- Exceptionally strong analytical skills and attention to detail.
- Proficiency with MS Office, especially Excel.
- Must possess or be eligible to obtain and maintain a DoD Secret clearance.
Preferred Qualifications
- Self-starter with the ability to work under supervision and grow into increased responsibility.
- Familiarity with data analytics tools and techniques for cost analysis.
- Experience or coursework in regression analysis, Monte Carlo simulation, and learning curve applications.
- Membership or certification from the International Cost Estimating & Analysis Association (ICEAA) is a plus.
Location & Compensation
- Location: Triana, AL (work aligned to Missile Defense Agency programs).
- Estimated pay (source data): $82,035 per year — posted as an estimate. Actual pay and benefits will be determined by the Confidential Client and may vary.
- Note: employment will be with the Confidential Client; candidates must be eligible for required security clearance.
Additional Information
- This role supports U.S. defense acquisition activities; successful candidates must meet federal employment and security eligibility requirements.
- Careertakes will provide access to additional matched opportunities through its platform.
Equal Opportunity & Hiring Transparency
Careertakes and our client are Equal Opportunity Employers committed to building a diverse and inclusive workforce. We prohibit discrimination or harassment of any kind. To support a fair and efficient hiring process, AI tools may be used to assist with application review or resume screening. These tools do not replace human decision-making. Final hiring decisions are made by people.
If you have questions about how your data is used, please contact us directly.
Negotiate a higher salary! Check the salary ranges for this job type in your area.
View My Salary Range