Estimator

Posted Yesterday
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Concord, ON, CAN
Hybrid
85K-95K Annually
Senior level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
Estimate tooling and molding costs for exterior automotive components: create cost models, RFQs, tooling layouts, and compare estimates to actuals. Maintain pricing tools, interface with suppliers/customers, document assumptions, and recommend improvements to reduce costs while supporting quotation deadlines and training initiatives.
Summary Generated by Built In

Job descriptions may display in multiple languages based on your language selection.

What we offer:
At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.
Group Summary:
The Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets.
Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.

Job Responsibilities:

W​age Range: 85 - 95K/Annually

  • Conduct cost analysis for estimate versus actuals to improve estimating cost models for all product lines we manufacture or outsource
  • Continually evaluate market trends to establish market values
  • Create and maintain tooling matrices for price comparison and “cost walk” exercises
  • Create Global RFQs (Request for Quotation) to be sent out to strategic partners in tooling for quotation
  • Develop and complete objectives that fit the challenges and priorities of the business plan
  • Develop conceptual tool layout from supplied part data/sketches/part prints including all required actions for demold
  • Developing new cost models for future product lines
  • Document concerns and assumptions for each tool with options
  • Ensure a description of unwanted results or impact of the problem is clearly communicated as part of the problem solving process
  • Ensure the effective communication of the scheduled day-to-day work, and expected results of all tasks to meet all quotation deadlines
  • Ensure the Quick Quote Book and Market price calculator is up-to-date and actuate containing all quotation related information
  • Interface with customers to manage relationships and clearly understand scope of estimating projects
  • Learn to estimate new tool packages taking into consideration all variables of the quoting process (exchange rates, materials, labor etc.) to understand true cost for the purpose of generating customer quotes
  • Participate in training of individuals to investigate costs and timing associated with the new ideas
  • Possess a complete and comprehensive knowledge of GSS as it pertains to the importing of Cost Models and other quotations and making required changes with the adding or subtracting of components
  • Prepare and present and review comprehensive analysis for comparing quoted materials and hours against the actual job performance. Provide trends and directional information to the management team which will highlight errors / continuous improvement to reduce costs
  • Review each completed tool to estimate and make recommendations; document concerns

Education:

  • Bachelor’s degree or equivalent and/or 8 years Tool Designer experience (preferably with large tooling)
  • Toolmaker Certificate, an asset

Experience:

  • Extensive mold design experience (large size tooling) with an emphasis on part/tooling feasibility 

Skills:

  • Proficient in use of CAD software for evaluating and storing of data files, draft analysis and cutting section views
  • Proficient in use of CAD software including the creation of 3D surface/solid models
  • Complete and comprehensive knowledge of the estimating and program management processes
  • Complete knowledge of theories and principals used in mould design, build and machining processes, and an understanding of the differences between the injections moulding process, RIM moulding process, and various specialized moulding or forming processes
  • Strong working knowledge of Microsoft Office with excellent Excel skills (including VBA capability) 
  • Sound financial and business knowledge Excellent multi-tasker
  • Excellent communication and interpersonal skills – verbal and written
  • Communication in a second language (Spanish, Mandarin, German), an asset

Competencies:

  • Ability to perform well in high-pressure situations
  • Well-developed organizational and time management skills
Awareness, Unity, Empowerment:

At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.


AI-Assisted Screening Disclosure

As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.


Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.

If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.


Worker Type:

Regular / Permanent

Group:

Magna Exteriors

Skills Required

  • Bachelor's degree or equivalent and/or 8 years Tool Designer experience (preferably with large tooling)
  • Extensive mold design experience (large size tooling) with emphasis on part/tooling feasibility
  • Proficient in use of CAD software for evaluating/storing data files, drafting analysis and cutting section views
  • Proficient in CAD including creation of 3D surface/solid models
  • Complete knowledge of estimating and program management processes
  • Knowledge of mould design, build and machining processes and various molding/forming processes (injection, RIM, etc.)
  • Strong working knowledge of Microsoft Office with excellent Excel skills (including VBA capability)
  • Possess complete knowledge of GSS as it pertains to importing Cost Models and editing quotations
  • Ability to perform well in high-pressure situations; well-developed organizational and time management skills
  • Toolmaker Certificate
  • Communication in a second language (Spanish, Mandarin, German)

What the Team is Saying

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Magna International Compensation & Benefits Highlights

  • Healthcare Strength Medical plan choice includes Enhanced PPO, Standard PPO, and an Advantage HDHP with free preventive care and $0 Teladoc, with in‑network deductibles as low as $200 and out‑of‑pocket maximums starting at $2,000. Company‑paid short‑term and long‑term disability plus basic life/AD&D, along with enhanced dental/vision options in 2026, reinforce comprehensive coverage.
  • Retirement Support The 401(k) design features automatic enrollment, a 3% nonelective company contribution after six months, and a 50% match on the first 6% employees contribute. Plan documents and recent filings corroborate this structure, and some divisions also highlight profit‑sharing as part of total rewards.
  • Parental & Family Support U.S. materials outline paid parental leave for non‑union employees (up to five consecutive weeks at 66 2/3% pay) that coordinates with STD/FMLA and allows PTO top‑ups. Mental health resources and an Employee & Family Assistance Program add family‑oriented support across plans.

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The Company
HQ: Aurora, Ontario
171,000 Employees
Year Founded: 1957

What We Do

We are a mobility company that innovates like a start-up and thinks like a technology company. This helps us anticipate change in one of the most complex industries in the world and respond quickly. We depend on a team of 171,000 dynamic, entrepreneurial-minded employees in an environment where great ideas flourish. Our presence spans 343 manufacturing operations and 88 product development, engineering and sales centers in 29 countries. We understand that you need a career as unique as you are. Whether you want to advance your existing expertise or try something completely different, we are committed to your growth.

Why Work With Us

At Magna, our engineering team is advancing mobility for everyone and everything. Joining this team means being a part of the design, development, and manufacturing of the world’s most advanced mobility technology. Innovations that move families, shape communities, and improve lives. You can follow your passions and shape your own career path.

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About our Teams

Magna International Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Majority of roles are hybrid with flexibility. Please speak with our recruiting team for specific details on hybrid work.

Typical time on-site: Not Specified
HQGlobal Headquarters - Aurora, Ontario, Canada
Bangalore, Karnataka, India
Graz, Austria
Lowell, Massachusetts
Monterrey, Mexico
Munich, Germany
Pune, Maharashtra, India
Sailauf, Germany
Saltillo, Mexico
US Headquarters - Troy, Michigan
Learn more

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