Description

A bid manager is responsible for the bidding process for contracts, starting from the initial planning and structuring, through placing the bid, and then following-up. They usually oversee an entire team who gathers the required information, conducts cost analysis and other tasks required to ensure an accurate and effective bid. In addition, they are accountable to report the state of the bids the executive management. A typical working day of a bid manager includes reviewing the bids' status in progress, coordinating with colleagues and team members from the department and reporting to supervisors who direct the bid conducting research, and refining bid information to create a professional bid. The work is mostly inside, although in certain instances, travel and inspections on site could be required in order for the supervisor to collect additional data for the project's completion.

The requirements for the position of bid manager differ by business and also the particular product or service being offered for the bid. The majority of bid managers are required to have an undergraduate degree in business administration or in a related area. They must also have previous experience within the field of their organization. Bid managers typically started out as bid associates in junior positions and have gained significant experience prior to assuming the role of a higher level. Bid managers need to have exceptional interpersonal skills and also the ability to manage time and multitasking.

Roles & Responsibilities

As a Bid Manager with 0-3 years of experience in the United Kingdom, your main responsibilities include:

  • Developing and reviewing bid proposals to ensure accuracy, compliance, and alignment with client requirements.
  • Coordinating with cross-functional teams to gather necessary information and supporting documents for bid submissions.
  • Conducting market research and analysis to identify potential opportunities and competitors.
  • Managing multiple bid projects concurrently, adhering to strict deadlines, and maintaining effective communication with stakeholders.

Qualifications & Work Experience

For a Bid Manager job role, the following qualifications are required:

  • Proven experience in bid management, with a track record of successfully managing and winning bids for complex projects.
  • Excellent project management skills to effectively lead and coordinate cross-functional teams in the bid process, ensuring delivery on time and within budget.
  • Strong written and verbal communication skills to develop compelling proposals and presentations that effectively showcase the company's products/services and value proposition.
  • Exceptional attention to detail and analytical skills to conduct thorough analysis of bid requirements, evaluate risks, and develop competitive pricing strategies.

Essential Skills For Bid Manager

1

Sales

2

Sales Strategy

3

Sales & Management

Skills That Affect Bid Manager Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Program or Project Management

12%

Project Management

6%

Organisation

7%

Document Management

4%

Career Prospects

The role of Bid Manager is pivotal in coordinating and managing the bidding process for organizations. With 0-3 years of experience in the United Kingdom, aspiring professionals can explore various alternative roles within the industry. Here are following options to consider:

  • Proposal Coordinator: A role involving the coordination and preparation of proposals, including content development, formatting, and submission management.
  • Business Development Associate: A position focused on identifying and cultivating new business opportunities, conducting market research, and creating strategic partnerships.
  • Marketing Coordinator: A role that entails supporting marketing initiatives, such as campaign planning, content creation, and digital marketing activities.
  • Project Assistant: A position involving assisting project managers in planning, organizing, and coordinating project activities, including monitoring timelines, budgets, and resource allocation.

How to Learn

The job role of Bid Manager in the United Kingdom is expected to witness significant growth in the market. Over the past 10 years, the position has seen a positive trend in demand and is projected to continue expanding in the future. With an increasing number of organizations recognizing the importance of effective bidding processes, the need for skilled Bid Managers is anticipated to rise. This growth in demand is likely to result in a significant number of employment opportunities in the coming years. According to recent data from Google, the Bid Manager role is expected to contribute to a positive job market growth in the United Kingdom.