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Contract Probabilistic Risk Analysis Engineer Jobs in Minnesota

The engineer maintains detailed documentation, performs risk analyses, and collaborates closely with cross-functional teams and external partners in a fast-paced, growing contract manufacturing ...

Contract Analyst

New Brighton, MN · On-site

$69K - $84K/yr

The Contract Analyst is a shared-service role responsible for supporting APi Inc.'s contract review ... Oversee all upstream and downstream payment term structures to ensure consistency and risk ...

Participate in risk management activities including risk analysis, FMEA, mitigation planning, and ... Work with suppliers and contract manufacturers on component design, manufacturability ...

Showing results 21-40

Contract Probabilistic Risk Analysis Engineer information

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 are the key skills and qualifications needed to thrive as a contract probabilistic risk analysis engineer?

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 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.

What are popular job titles related to Contract Probabilistic Risk Analysis Engineer jobs in Minnesota?

For Contract Probabilistic Risk Analysis Engineer jobs in Minnesota, the most frequently searched job titles are:

What job categories do people searching Contract Probabilistic Risk Analysis Engineer jobs in Minnesota look for?

The top searched job categories for Contract Probabilistic Risk Analysis Engineer jobs in Minnesota are:

What cities in Minnesota are hiring for Contract Probabilistic Risk Analysis Engineer jobs?

Cities in Minnesota with the most Contract Probabilistic Risk Analysis Engineer job openings:

Infographic showing various Contract Probabilistic Risk Analysis Engineer job openings in Minnesota as of August 2026, with employment types broken down into 83% Full Time, 13% Part Time, 3% Contract, and 1% Nights. Highlights an 81% Physical, 5% Hybrid, and 14% Remote job distribution.

Product Development Engineer

Minneapolis, MN

Actalent
Business Management Consulting • 5 - 10K employees

Full-time

Medical, Dental, Vision, Retirement

Posted 14 days ago


Job description

Job Title: Product Development Engineer

Job Description

The Product Development Engineer designs and develops medical devices from initial concept through market release, with a focus on catheter-based technologies. This role combines hands-on mechanical design, process development, and validation activities to ensure products function as intended and meet regulatory requirements. The engineer maintains detailed documentation, performs risk analyses, and collaborates closely with cross-functional teams and external partners in a fast-paced, growing contract manufacturing environment.

Responsibilities

  • Develop new product concepts and drive them from initial design through market release with limited support.
  • Design and implement new methodologies, materials, machines, processes, or products to bring concepts to market.
  • Create and maintain essential product and process documentation throughout all phases of product development.
  • Contribute with minimal oversight to the execution of protocols and reports to support validation activities, including Design Verification.
  • Conduct product and process characterization with minimal oversight to confirm that devices function as intended.
  • Perform risk analysis for products under development and incorporate risk mitigation strategies into designs and processes.
  • Coordinate activities with outside suppliers and consultants to ensure timely delivery of supplies and services needed to meet project timelines.
  • Lead or support rapid design iterations and make informed design recommendations based on testing, feedback, and evolving project requirements.
  • Independently develop and adapt work plans in response to vague or changing project goals, ensuring progress toward key milestones.
  • Use SolidWorks 3D CAD to design components and assemblies for catheter-based and related medical device technologies.
  • Support Design Verification and Design Validation activities in alignment with design control procedures and applicable regulations.
  • Document development work clearly and thoroughly, including technical reports, test plans, test results, and design history records.
  • Interact with clients and partner companies in a professional manner, providing technical updates and incorporating feedback into designs.
  • Collaborate with R&D, engineering, and manufacturing teams to transition designs into robust, scalable processes.
  • Apply knowledge of probability and statistics, and where applicable, use statistical tools such as Minitab to analyze data and support decision-making.

Essential Skills

  • Bachelor's degree in Mechanical or Biomedical Engineering is desired; in lieu of a degree, relevant experience in a similar or equivalent role will be considered.
  • 0–3 years of medical device design and development experience.
  • Experience with Design Verification, Design Validation, and design control processes.
  • SolidWorks 3D CAD proficiency, with the ability to design components and assemblies for mechanical and catheter-based devices.
  • Knowledge of human cardiac and cardiovascular anatomy and physiology.
  • Experience with catheter development, including C0/C1 catheter design.
  • Hands-on approach to mechanical engineering, product development, and process development activities.
  • Ability to lead rapid design iteration and make clear, data-driven design recommendations.
  • Ability to independently develop and adapt work plans based on vague or changing project goals.
  • Familiarity with FDA Quality System Regulation (QSR) and ISO medical device regulations.
  • Knowledge of catheter-based technologies, including reinforced shafts, delivery systems, and steerable catheters (preferred).
  • Knowledge of probability and statistics, with familiarity in statistical software such as Minitab (preferred).
  • Depth of knowledge in one or more technical areas, such as finite element analysis.
  • Comfort with technical writing, including preparation of protocols, reports, and other formal documentation.
  • Customer-focused mindset with excellent written and oral communication skills.
  • Ability to interact professionally with clients and external partners.
  • Organized, motivated, and strong sense of ownership over work and deliverables.

Additional Skills & Qualifications

  • Experience in new product development within medical devices, particularly in R&D and mechanical engineering environments.
  • Experience working in a contract manufacturing or similar fast-paced, project-based setting.
  • Familiarity with reinforced shaft design, delivery systems, and steerable catheter technologies.
  • Experience using statistical analysis tools such as Minitab to support validation and characterization activities.
  • Previous experience or interest in finite element analysis or other advanced technical disciplines.
  • Demonstrated ability to bring products from concept to market, including participation in all key development phases.
  • Strong organizational skills, with the ability to manage multiple tasks and timelines simultaneously.
  • Motivated, proactive, and comfortable taking initiative in a collaborative environment.
  • Comfortable working hands-on with prototypes, test setups, and process development equipment.

Work Environment

This role is based on-site in a collaborative, R&D-focused environment within a growing contract manufacturing organization. The culture emphasizes a balance of fun and hard work, encouraging hands-on involvement with products, processes, and equipment. You will work closely with cross-functional engineering and manufacturing teams, as well as external suppliers and consultants, to support rapid development cycles and on-time delivery of projects. The setting supports frequent interaction, open communication, and teamwork as you move products from concept through validation and into production.

Job Type & Location

This is a Permanent position based out of Minneapolis, MN.

Pay and Benefits

The pay range for this position is $75000.00 - $125000.00/yr.

Individual compensation offered for this position within this range will depend on many factors, including qualifications, skills, relevant experience, job knowledge, geographic location, internal equity, and other pertinent job-related factors.

The following benefits are available to full-time employees:• Flexible Time Off• 9 paid company holidays• Health, Dental, & Vision coverage• Short- & Long-Term Disability opt-in• Health Savings Account (HSA) & employer contribution• 401(k) & employer contribution• Parental Leave

Workplace Type

This is a fully onsite position in Minneapolis,MN.

Application Deadline

This position is anticipated to close on Sep 18, 2026.

About Actalent

Actalent is a global leader in engineering and sciences services and talent solutions. We help visionary companies advance their engineering and science initiatives through access to specialized experts who drive scale, innovation and speed to market. With a network of almost 20,000 consultants and 5,000 clients across the U.S., Canada, Asia and Europe, Actalent serves many of the Fortune 500. We are proud to be an Engineering News-Record (ENR) Top 500 Design Firm for our engineering design services and a ClearlyRated Best of Staffing® winner for both client and talent service.

The company is an equal opportunity employer and will consider all applications withoutregard to race, sex, age, color, religion, national origin, veteran status, disability,sexual orientation, gender identity, genetic information or any characteristic protectedby law.

If you would like to request a reasonable accommodation, such as the modification oradjustment of the job application process or interviewing process due to a disability,please email actalentaccommodation@actalentservices.com for other accommodation options.

San Francisco Fair Chance Ordinance:Pursuant to the San Francisco Fair Chance Ordinance, for all positions located in thecity and county of San Francisco, we will consider for employment qualified applicantswith arrest and conviction records.

Massachusetts Lie Detector:It is unlawful in Massachusetts to require or administer a lie detector test as acondition of employment or continued employment. An employer who violates this lawshall be subject to criminal penalties and civil liability.

Use of Artificial Intelligence (AI):We may use Artificial Intelligence (AI) to support parts of our hiring process,including sourcing, screening, and evaluating candidates. AI helps assess applicationsand qualifications, but final decisions are made by our hiring team. By applying, youacknowledge and agree that your application may be reviewed using AI tools.


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About Actalent

Sourced by ZipRecruiter

Actalent connects passion with purpose. Our scalable talent solutions and services capabilities drive value and results and provide the expertise to help our customers achieve more. Every day, our experts around the globe are making an impact. We're supporting critical initiatives in engineering and sciences that advance how companies serve the world. Actalent promotes consultant care and engagement through experiences that enable continuous development. Our people are the difference. Actalent is an operating company of Allegis Group, the global leader in talent solutions.

Industry

Business management consulting

Company size

5,001 - 10,000 Employees

Headquarters location

Hanover, MD, US

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