Methode Electronics, Inc. logo

Quoting Specialist

Methode Electronics, Inc.Rolling Meadows, IL

$64,200 - $96,000 / year

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.1

Reclaim your time by letting our AI handle the grunt work of job searching.

We continuously scan millions of openings to find your top matches.

pay-wall

Overview

Schedule
Full-time
Education
Engineering (PE)
Career level
Senior-level
Remote
On-site
Compensation
$64,200-$96,000/year
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

Position Responsibilities:

  • Develop detailed cost estimates for our solutions based on customer RFQs, engineering drawings, BOMs, and specifications.
  • Prepare formal quote packages including pricing breakdowns, assumptions, and supporting documentation.
  • Analyze materials, labor, tooling, overhead, and logistics costs to determine total project cost and margin targets.
  • Collaborate with Design and Manufacturing Engineering teams to identify cost-saving opportunities and manufacturability improvements.
  • Work with the Purchasing team to obtain up-to-date supplier pricing for raw materials, custom components, and outsourced services.
  • Track and maintain historical cost data and quoting templates for continuous improvement and benchmarking.
  • Participate in design reviews and costing meetings to align estimations with technical feasibility and customer expectations.
  • Support change management by evaluating cost impact of engineering changes or customer updates.
  • Ensure all quotes comply with internal pricing strategies, customer requirements, and profitability goals.
  • Maintain confidentiality of sensitive pricing and cost information.
  • Other duties as assigned

Qualifications:

  • Bachelor's degree in Engineering, Finance, Business, or a related technical field.
  • 3+ years of experience in cost estimating, quote preparation, or pricing analysis.
  • Experience with 2D and 3D product development solutions helpful, especially SolidWorks
  • Exposure to APQP, PPAP, or other automotive quality and program management processes.
  • Knowledge of costing software or tools such as aPriori, Costimator, or custom Excel models.
  • Strong analytical skills with keen attention to detail and accuracy.
  • Excellent communication skills and the ability to collaborate across departments.

Preferred Qualifications:

  • Experience in cost estimating, quote preparation, or pricing analysis, in the manufacturing sector.
  • Proficiency with ERP systems, cost modeling tools, and MS Excel (advanced).
  • Knowledge of manufacturing processes such as stamping, forming, machining, powder-coating, plating, and final assembly.
  • Familiarity with electrical, mechanical, and metallurgical terminology and processes.
  • Experience working with Tier 1 or Tier 2 automotive suppliers and/or experience working in the Military or Aerospace industries.
  • Ability to read and interpret engineering drawings and technical specifications.

The base pay hiring rate expected for this position is: $64,200 - $96,000.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee must frequently do hand motions and repetitive tasks including computer use with typing, must occasionally carry and lift up to 15 pounds to perform various duties, occasionally reach and do overhead reaching, stand for short amounts of time, minimal squatting or bending to perform various duties, and extended sitting for long periods of time at a desk or workstation.

Benefits and Perks

Methode offers US employees Medical, Dental, Vision, Hearing, Life & Disability insurance, a wellness program, and time off benefits.

Voluntary benefit plans include Accident, Hospital Indemnity and Pet Insurance.

Methode provides an Employee Assistance Program, and participation in the Company's 401(k) plan which includes a company contribution.

Base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Hourly employees will also be paid overtime pay when working qualifying overtime hours.

Methode Electronics is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information and other legally protected characteristics per the EEO Poster available here . If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to recruiting@methode.com or call (708) 867-6777 and let us know the nature of your request and your contact information.

Automate your job search with Sonara.

Submit 10x as many applications with less effort than one manual application.

pay-wall

FAQs About Quoting Specialist Jobs at Methode Electronics, Inc.

What is the work location for this position at Methode Electronics, Inc.?
This job at Methode Electronics, Inc. is located in Rolling Meadows, IL, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Methode Electronics, Inc.?
Candidates can expect a pay range of $64,200 and $96,000 per year.
What employment applies to this position at Methode Electronics, Inc.?
Methode Electronics, Inc. lists this role as a Full-time position.
What experience level is required for this role at Methode Electronics, Inc.?
Methode Electronics, Inc. is looking for a candidate with "Senior-level" experience level.
What education level is required for this job?
The education requirement for this position is Engineering (PE). Candidates with relevant qualifications or equivalent experience may also be considered.
What benefits are offered by Methode Electronics, Inc. for this role?
Methode Electronics, Inc. offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Disability Insurance, Life Insurance, Paid Vacation, 401k Matching/Retirement Savings, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Methode Electronics, Inc.?
You can apply for this role at Methode Electronics, Inc. either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.