Sr Manager, Maintenance Cost Modeling (Remote)

Date Posted:

2024-12-11

Country:

United States of America

Location:

PW208: Connecticut Remote Remote Location , Remote City, CT, 06035 USA

Position Role Type:

Remote

Pratt & Whitney is working to once again transform the future of flight—designing, building and servicing engines unlike any the world has ever seen. And because transformation begins from within, we’re seeking the people to drive it. So, calling all curious. 

Come ready to explore and you’ll find a place where your talent takes flight—beyond the borders of title, a country or your comfort zone. Bring your passion and commitment and we’ll welcome you into a tight-knit team that takes our mission personally. Channel your drive to make a difference into shaping an organization and an industry that’s evolving fast to the future.

At Pratt & Whitney, the difference you make is on display every day. Just look up. Are you ready to go beyond?

Pratt & Whitney’s Commercial Engines Geared Turbo Fan (GTF) Aftermarket Business is responsible for commercial maintenance agreements covering jet engines across the Pratt & Whitney Commercial Engines portfolio. The GTF Maintenance Cost Group (“MCG”), in the GTF Global Network and Cost Management Organization, develops and maintains shop visit forecasting models that:

• Determine the financial impact of maintenance agreements for new sales and existing engine maintenance contracts.

• Provide senior management with strategic guidance to improve returns for the GTF Program.

MCG’s main tool, the Interval Cost Estimator (“ICE”) is a Monte Carlo simulation of engine operation and maintenance.  MCG is looking for a Senior Manager – Maintenance Cost Modeling who will focus on advancing MCG’s maintenance cost forecasting models. The selected candidate will work with both the current ICE3 and future ICE NextGen simulation models/platforms.

What You Will Do:

• Co-lead ICE NextGen model development and integration with the ICE NextGen Ecosystem.

• Maintaining and developing the ICE 3.0 Maintenance Cost Simulation model.

• Improving forecast accuracy and process efficiency for ICE3.0 and ICE NextGen maintenance cost forecasting processes.

• Educating forecast model users on model logic/inputs and troubleshoot issues they are not able to resolve.

• Educating forecast customers and senior management on modeling concepts, input assumptions, complexity, and the correct interpretation of results.

• Extracting, curating, and analyzing actuals data to calibrate forecasting models.

• Teaming with business groups such as Finance, Engineering, Aftermarket, and Engine Program Management to identify understand and model emerging aftermarket issues.

• Liaising with technical organizations such as Engineering, Powerplant Engineering and Fleet Management to identify maintenance cost risk and opportunity.

What You Will Learn:

• To apply your modeling/discrete event simulation skills to jet engine maintenance and management

• To communicate with various technical disciplines within jet engine maintenance and management organizations

• To apply your modeling and simulation skills to model complex business specific behaviors

• To analyze actuals invoice data to calibrate model pricing and behavior.

Qualifications You Must Have: 

• Bachelor’s degree in STEM field of study and 10 years of experience to include analytical problem solving, general purpose programing language and knowledge of SQL or 7 years of experience to include analytical problem solving, general purpose programing language and knowledge of SQL with an advanced degree in STEM field.

• Proficiency with Microsoft Excel, PowerPoint, and Word. 

• U.S. Person (U.S. citizen, permanent resident, or granted refugee or asylee status) as defined here:  https://www.ecfr.gov/current/title-22/chapter-I/subchapter-M/part-120/subpart-C/section-120.62 

Preferred Qualifications and Skills 

• Competence in statistical analysis and modeling techniques, particularly in Discrete Event Monte Carlo simulations.

• Experience in data analysis and engaging expert knowledge to calibrate model logic and inputs to operational, price, cost, and maintenance actuals.

• General knowledge of jet engine performance, hot section reliability, rating structures, and familiarity with Life Limited Parts.

• Communicate technical concepts to both technical and non-technical audiences in various business disciplines across all levels of management. 

• Experience managing multiple tasks, lead/own projects, motivate others to share goals and visions.

• Skills relevant to discrete event simulation development and management.

Learn More and Apply:

Innovation through diversity of thought. At Pratt & Whitney, we believe diversity of thought enables creativity, innovation, and a foundation for inclusion. By fostering an inclusive culture, we accept a shared accountability and responsibility to recognize, sponsor, coach, hire and promote talent equally. We welcome our employees to be their whole - best - selves at work because trust, respect and integrity, are a part of our DNA.

What is my role type?

In addition to transforming the future of flight, we are also transforming how and where we work. We’ve introduced role types to help you understand how you will operate in our blended work environment. This role is:

Remote: Employees who are working in Remote roles will work primarily offsite (from home).

Candidates will learn more about role type and current site status throughout the recruiting process. For onsite and hybrid roles, commuting to and from the assigned site is the employee’s personal responsibility.

The salary range for this role is 118,000 USD - 246,000 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.

Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.

Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.

This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.

RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

RTX is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

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