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Contract Probabilistic Risk Analysis Engineer Jobs

Experience with Monte Carlo simulation and probabilistic modeling * Understanding of risk ... and contract considerations. Depending on the position, employees may be eligible for overtime ...

Experience with Monte Carlo simulation and probabilistic modeling * Understanding of risk ... and contract considerations. Depending on the position, employees may be eligible for overtime ...

Risk Analysis Engineer

Annapolis Junction, MD ยท On-site

$86K - $138K/yr

Experience with Monte Carlo simulation and probabilistic modeling * Understanding of risk ... and contract considerations. Depending on the position, employees may be eligible for overtime ...

Risk Analysis Engineer

Annapolis Junction, MD ยท On-site

$86K - $138K/yr

Experience with Monte Carlo simulation and probabilistic modeling * Understanding of risk ... and contract considerations. Depending on the position, employees may be eligible for overtime ...

Risk Analysis Engineer

Basking Ridge, NJ ยท On-site

$86K - $138K/yr

Experience with Monte Carlo simulation and probabilistic modeling * Understanding of risk ... and contract considerations. Depending on the position, employees may be eligible for overtime ...

Sr Risk Analyst

Atlanta, GA ยท On-site +1

$147.95K - $197.20K/yr

... and/or probabilistic risk assessment to radioactive waste disposal, nuclear material risk ... Engineering. To be acceptable, the program must: (1) lead to a bachelor's degree in a school of ...

... and/or probabilistic risk assessment to radioactive waste disposal, nuclear material risk ... Engineering. To be acceptable, the program must: (1) lead to a bachelor's degree in a school of ...

... and/or probabilistic risk assessment to radioactive waste disposal, nuclear material risk ... Engineering. To be acceptable, the program must: (1) lead to a bachelor's degree in a school of ...

... and/or probabilistic risk assessment to radioactive waste disposal, nuclear material risk ... Engineering. To be acceptable, the program must: (1) lead to a bachelor's degree in a school of ...

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Contract Probabilistic Risk Analysis Engineer information

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$38K

$115.9K

$191.5K

How much do contract probabilistic risk analysis engineer jobs pay per year?

As of May 31, 2026, the average yearly pay for contract probabilistic risk analysis engineer in the United States is $115,864.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,000.00 and $151,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Contract Probabilistic Risk Analysis Engineer, and why are they important?

To thrive as a Contract Probabilistic Risk Analysis Engineer, you need a solid background in engineering, mathematics, and statistics, often supported by a relevant degree and experience with risk analysis methodologies. Familiarity with technical tools such as Monte Carlo simulation software, fault tree analysis programs, and industry-specific risk assessment platforms is typically required. Strong analytical thinking, attention to detail, and effective communication skills help you interpret complex data and present findings to stakeholders. These competencies are crucial for accurately identifying and mitigating risks in projects, ensuring safety, compliance, and project success.

What are some common challenges faced by Contract Probabilistic Risk Analysis Engineers, and how can they be addressed?

Contract Probabilistic Risk Analysis Engineers often face the challenge of quickly integrating into new teams and projects, requiring rapid understanding of industry-specific risk models and standards. Balancing diverse stakeholder expectations, tight deadlines, and incomplete data sets can add complexity to analysis tasks. To address these challenges, effective communication, adaptability, and strong analytical skills are essential. Leveraging standard risk analysis frameworks and maintaining clear documentation can also help ensure consistency and accuracy in deliverables.

What is a Contract Probabilistic Risk Analysis Engineer?

A Contract Probabilistic Risk Analysis Engineer is a professional hired on a contractual basis to assess and quantify risks in engineering projects using probabilistic methods. They use statistical models and simulations to predict the likelihood and potential impact of various risks, helping organizations make informed decisions. These engineers often work in industries like energy, aerospace, or construction, and their analysis supports project safety, reliability, and cost-effectiveness. Their expertise helps organizations mitigate uncertainties and optimize project outcomes.

What is the difference between Contract Probabilistic Risk Analysis Engineer vs Contract Reliability Engineer?

AspectContract Probabilistic Risk Analysis EngineerContract Reliability Engineer
CredentialsTypically requires engineering degrees, certifications in risk analysis or reliability (e.g., ASQ, IRCA)Requires engineering degrees, certifications in reliability or maintenance (e.g., CRE, RCM)
Work EnvironmentFocuses on risk modeling, probabilistic assessments, often in industries like energy, aerospaceFocuses on system reliability, maintenance strategies, often in manufacturing, utilities
Industry UsageCommon in nuclear, aerospace, oil & gas sectorsCommon in manufacturing, power plants, industrial facilities

The Contract Probabilistic Risk Analysis Engineer specializes in quantitative risk modeling using probabilistic methods, while the Contract Reliability Engineer emphasizes system reliability and maintenance strategies. Both roles require engineering backgrounds but focus on different aspects of safety and system performance within similar industries.

More about Contract Probabilistic Risk Analysis Engineer jobs
What cities are hiring for Contract Probabilistic Risk Analysis Engineer jobs? Cities with the most Contract Probabilistic Risk Analysis Engineer job openings:
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What job categories do people searching Contract Probabilistic Risk Analysis Engineer jobs look for? The top searched job categories for Contract Probabilistic Risk Analysis Engineer jobs are:
Infographic showing various Contract Probabilistic Risk Analysis Engineer job openings in the United States as of May 2026, with employment types broken down into 89% Part Time, 3% Temporary, and 8% Contract. Highlights an 95% Physical, and 5% Hybrid job distribution, with an average salary of $115,864 per year, or $55.7 per hour.

Probabilistic Risk Analysis Engineer

KBH Industrial

Birmingham, AL โ€ข On-site

Full-time

Posted 6 days ago


Job description

Job Summary:

This position is a direct hire and will report to the Risk Modeling Manager. This engineer is responsible for performing engineering evaluations in support of nuclear generating plants. This engineer will be part of the Risk Modeling groups in the Risk Informed Engineering (RIE) department. The RIE department is focused on being the industry leader in risk-informed decisions making by developing, maintaining, and applying state-of-the-art tools and models. The PRA Engineer work includes, but is not limited to, compiling, analyzing, and interpreting technical inputs, demonstrating regulatory compliance, and performing and managing tasks and projects as part of a team of PRA Engineers. This position requires an individual to be a self-starter, organized, able to prioritize multiple tasks, and to have strong oral, written, and interpersonal communication skills. The person needs to be flexible, demonstrate initiative, and work well in a high-pressure, fast-paced, and deadline-oriented environment.

Job Duties and Responsibilities:

Duties of the PRA Engineer include but are not limited to:

  • Responsible for performing risk-related engineering evaluations used for Probabilistic Risk Assessment (PRA) model development and maintenance in support of the electric generating plants. These include existing Boiling Water Reactor (BWR) and Pressurized Water Reactor (PWR) nuclear plants
  • Reviewing PRA inputs such as design changes, emergency operating procedure updates, and licensing basis changes and assessing the impact on PRA models
  • Managing small, medium, and large projects using Project Management principles. Engaging cross-functionally within the RIE department, the broader organization, and with vendors to achieve goals
  • Performing PRA model updates and providing risk informed programs support.
  • Interpreting and ensuring compliance with risk informed regulatory requirements, policies and standards, including but not limited to RG 1.200, RG 1.174, RG 1.177. Interfacing with the regulator.
  • Perform assigned engineering task by applying PRA engineering principles.
  • Writing and reviewing technical reports.
  • Making presentations.
  • Performing special studies.
  • Assisting with audits and inspections including support of significance determination program and emergency request.
  • Providing inputs to and implementing policies and procedures.
  • Travel to plant sites and industry events in support of company objectives

Job Requirements

Education Requirements:

  • Bachelor of Science degree in Engineering (mechanical, electrical, or nuclear) from an accredited college or university, or Professional Engineer license, is required
  • Master's of Science degree in Mechanical, Electrical, or Nuclear Engineering or foreign equivalent is preferred.

Background/Experience Requirements:

  • Knowledge or experience with nuclear power plant design, systems, and/or operation is required.
  • Nuclear power plant experience is preferred.
  • Prior direct PRA work experience related to Internal Events, Internal Flooding, Fire, and/or Seismic PRA is an advantage.
  • Experience with standard PRA tools such as CAFTA and Phoenix is a plus.
  • High degree of analytical skills is preferred.
  • Demonstrated excellent oral and written communication skills.
  • Organizational and time management skills are highly preferred.
  • High degree of computer skills (Word, Excel, Access, and other database software) required.
  • Demonstrated team player and self-starter.
  • Be able to adapt to the changing priorities.

Behavioral Attributes:

  • Must exhibit the Our Values โ€“ Safety First, Unquestionable Trust, Superior Performance, Total Commitment
    • Safety First: Work safety every day, every job.
    • Unquestionable Trust: Honesty, respect, fairness and integrity drive behaviors. Keeps promises and has ethical behavior as a standard
    • Superior Performance: Dedicated to superior performance and sets high expectations. Priorities are safety first, teamwork and diversity and continuous improvement through leadership
    • Total Commitment: Committed to success of employees, customers, and shareholders and to citizenship and stewardship
  • Must exhibit strong ownership skills, proactive traits, and good interpersonal skills.
  • The candidate must be highly motivated, able to work with the group and with minimal supervisor.
  • The ability to develop good relationship with plant personnel is a must.
  • The successful candidate must hold himself/herself accountable for personal safety and must model safe behaviors