Anglian Water Services

Strategic Cost Engineer

Anglian Water Services  •  United Kingdom of Great Britain and Northern Ireland (Onsite)  •  1 day ago
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Job Description

Up to £58,000 (Depending on Skills & Experience)

Permanent

Full Time / 37 Hours (Flexible working opportunities available)

Peterborough

Double Matched Pension Scheme (up to 21% combined) 

Private Healthcare 

Make every drop of your potential count!

We are looking for a Strategic Cost Engineer to join Anglian Water's Commercial Assurance team, playing a key role in ensuring we deliver maximum value from our multi-billion-pound investment programme.

This role sits within our Strategic Cost Intelligence capability andis responsible fordeveloping,assuringand improving the cost intelligence that underpins investment planning, business planning, regulatorysubmissionsand programme delivery.You'llbe a recognised technical expert, helping the business make informed, evidence-based decisions on some of the most significant investments across our water and wastewater networks.

Working closely with Commercial, Finance, Regulation, Asset Management and Delivery teams,you'llprovide challenge,assuranceand insight across estimating, cost modelling, performanceanalysisand data governance activities. This is an exciting opportunity for someone who enjoys combining technicalexpertisewith strategic influence and has a passion for continuous improvement and delivering value.

Whatyou'llbe doing:

  • Lead the development,assuranceand governance of strategic TOTEX estimates across major investment programmes.

  • Manage and continuously improve Anglian Water's Corporate Cost Estimation System and associated methodologies.

  • Develop,maintainand validate cost models that support business planning, investmentdecisionsand regulatory submissions.

  • Provide expert challenge and assurance on project estimates, forecasting assumptions and cost intelligence outputs.

  • Analyse cost trends, inflationimpactsand efficiency opportunities to support strategic decision-making.

  • Support the development of capital investment plans and commercial budgets through robust, evidence-based cost analysis.

  • Lead cost intelligence activities including benchmarking, performancereportingand cost-efficiency assessments.

  • Provide technical oversight of cost data collection,governanceand assurance processes.

  • Work closely with stakeholders across the business to improve forecasting accuracy, dataqualityand commercial decision-making.

  • Produce clear, defensible reports and evidence packs to support regulatory submissions and audit activities.

  • Deliver training,guidanceand support to colleagues, helping to build estimating and cost modelling capability across the organisation.

  • Drive continuous improvement across systems,processesand methodologies to strengthen cost intelligence and business performance

Whatwe'relooking for

  • Degree-level qualification (or equivalent experience) in Engineering, Quantity Surveying,Mathematicsor a related technical discipline.

  • Significant experiencedeveloping and assuring estimates using cost models within large-scale programmes.

  • Experience working within a regulated industry and supporting business planning or price review activities.

  • Strong understanding of estimating, cost modelling, costassuranceand governance principles.

  • Excellent analytical, problem-solving and data interpretation skills.

  • Experience working with complex datasets, modellingtoolsand business systems.

  • Strong stakeholder management skills with the ability to influence and challenge constructively at all levels.

  • Excellent communication skills, with the ability to translate complex technical information into clear business insight.

  • A proactive approach with a passion for continuous improvement,innovationandhigh standards

  • Ability to work collaboratively across multiple functions to deliver high-quality outcomes.

Desirable:

  • Charteredstatus, orworking towards professional accreditation (such as RICS or equivalent).

  • Water industry experience.

  • Knowledge of cost collection structures, assethierarchiesand regulated infrastructure environments.

  • Experience supporting regulatory submissions and external audit activities.

Why join Anglian Water?

As a Strategic Cost Engineer,you'llhave the opportunity to shape how investment decisions are made across the business.You'llinfluence major programmes, work alongside technical and commercial experts and help drive better outcomes through robust cost intelligence,assuranceand analysis.

This is an opportunity to apply yourexpertiseto high-profile challenges, while developing your career within a supportive business that values innovation,collaborationand continuous improvement.

Benefits

  • 26 days annual leave plus bank holidays (increasing with length of service)

  • Flexible working options

  • Private healthcare

  • Competitive pension scheme. Anglian Water double-matches contributions up to 7%

  • Life assurance at eight times your salary

  • Annual bonus scheme

  • Personal accident cover

  • Virtual GP service

Inclusion at Anglian Water

We are committed to creating a workplace where everyone feels they belong. We are proud signatories of the Social Mobility Pledge, Race at Work Charter and Armed Forces Covenant, and we are a Disability Confident employer

Closing Date:6thSeptember 2026

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Anglian Water Services

About Anglian Water Services

Anglian Water supply water and water recycling services to more than six million domestic and business customers in the east of England and Hartlepool. Our services are at the heart of every single family and community in our region. We clean water to the highest standard, deliver it to millions of homes, and carefully manage it to ensure it never runs out.

We’re the largest water and water recycling company in England and Wales by geographic area. We’re also one of the driest regions in the country, with just 600 millimetres of rain each year, on average a third less than the rest of England. In fact some areas have a lower annual rainfall than Jerusalem. That’s why it’s vital that we look after the water that we’ve got.

Industry
Energy & Utilities
Company Size
1,001-5,000 employees
Headquarters
Huntingdon, GB
Year Founded
Unknown
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