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Contract Probabilistic Risk Analysis Engineer Jobs in Chicago, IL

Delan Associates, Inc

Cyber Risk Analyst

Lemont, IL · On-site

Contract Position: Full Time, 40 hour work week Period of Performance: 1 Year Scope: The Cyber Risk Analyst will play an important role in identifying and communicating areas of concern and risks to ...

Urschel Laboratories, Inc.

Risk Engineer

Chesterton, IN · On-site

Conduct hazard analysis and risk assessments; * Evaluate and ensure the safety and regulatory ... Provide guidance to engineers for adherence to standards, regulatory requirements, and sanitary ...

Apply Early

Southern Company

Program Manager

Naperville, IL · On-site

$102K - $160K/yr

Project types include bare steel, vintage plastic, probabilistic risk, exposed main replacement ... Project Controls, Distribution Integrity Management, Engineering, Construction, Land, Environmental ...

ZS

Governance & Risk Analyst

Chicago, IL · On-site

$85K - $95K/yr

Experience in performing process, Contract review and project security risk assessments. * Proficiency in using risk assessment tools and technologies. * Excellent analytical and problem-solving ...

Alliant Credit Union

Senior Credit Risk Analyst

Chicago, IL · Hybrid

$84K - $131K/yr

Prepare data for third-party quarterly mortgage & consumer loan portfolio performance analysis ... Minimum- 4 Year Bachelors Degree in Mathematics, Statistics, Quantitative Finance, Engineering ...

Apply Early

Chubb

Vendor Risk Analyst

Chicago, IL · On-site +1

... contracts include appropriate risk mitigation measures. * Prepare detailed reports and ... Strong analytical and problem-solving skills with the ability to assess complex vendor risk ...

Liberty Mutual

Senior Risk Engineer- Powergen

Chicago, IL · On-site

$101K - $120K/yr

Analyze risk quality, identify loss drivers, and recommend mitigation strategies. * Support claims ... Experience in risk engineering, power generation, renewable energy, or a related technical field.

Tempus AI

Senior Cyber Risk Analyst

Chicago, IL · On-site

... logging, analysis, treatment tracking, and closure. • Apply standardized risk assessment ... engineers, operators, and data scientists. Company : Tempus is a technology company advancing ...

Alliant

Senior Credit Risk Analyst

Chicago, IL · On-site

$84K - $131K/yr

Prepare data for third-party quarterly mortgage & consumer loan portfolio performance analysis ... Minimum- 4 Year Bachelors Degree in Mathematics, Statistics, Quantitative Finance, Engineering ...

1 point system

Senior Data Scientist

Chicago, IL · Remote

... mitigation analytics project. This role will help risk management teams identify high-risk ... engineering logic using structured and unstructured claims and incident data. • Apply NLP and ...

Apply Early

Tempus

Senior Cyber Risk Analyst

Chicago, IL · On-site

$110K - $130K/yr

... logging, analysis, treatment tracking, and closure. * Risk Quantification & Scoring: Apply ... engineers, operators, and data scientists. #LI-HR1 #LI-Hybrid CHI: $110,000-$130,000 The expected ...

Tempus

Senior Cyber Risk Analyst

Chicago, IL · Hybrid

$110K - $130K/yr

... logging, analysis, treatment tracking, and closure. * Risk Quantification & Scoring: Apply ... engineers, operators, and data scientists. #LI-HR1 #LI-Hybrid CHI: $110,000-$130,000 The expected ...

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Showing results 1-20

All JobsContract Probabilistic Risk Analysis Engineer JobsContract Probabilistic Risk Analysis Engineer Jobs in Chicago, IL

Contract Probabilistic Risk Analysis Engineer information

See Chicago, IL salary details

$39.1K

$119.4K

$197.3K

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

As of Jul 5, 2026, the average yearly pay for contract probabilistic risk analysis engineer in Chicago, IL is $119,357.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,500.00 and $156,100.00 per year, depending on experience, location, and employer.

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 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 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 most commonly searched types of Probabilistic Risk Analysis Engineer jobs in Chicago, IL? The most popular types of Probabilistic Risk Analysis Engineer jobs in Chicago, IL are:
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What cities near Chicago, IL are hiring for Contract Probabilistic Risk Analysis Engineer jobs? Cities near Chicago, IL with the most Contract Probabilistic Risk Analysis Engineer job openings:
Contract Probabilistic Risk Analysis Engineer jobs near you
Senior Project Scheduler (1-year Contract)

Senior Project Scheduler (1-year Contract)

Blue Star Partners

Gary, IN • On-site

$55 - $65/hr

Full-time

Posted 17 days ago

Job description

Job Title: Senior Project Scheduler
Location: Valparaiso, IN
Work Structure: Hybrid (Onsite Tuesday-Thursday, Remote Monday & Friday; onsite full-time during initial training period)
Contract Type: W-2 Only
Pay Rate: $55-$65/hour
Contract Length: 1 year
Eligibility: U.S. Citizens only - No visa sponsorship
Position Overview
We are seeking a highly skilled Senior Project Scheduler to support large-scale capital and construction projects within a complex industrial environment. This role is responsible for developing, managing, analyzing, and forecasting integrated project schedules, ensuring alignment between scope, cost, risk, and quality objectives.
The Senior Project Scheduler will serve as a subject matter expert in schedule management and project controls, providing predictive insights, risk-based forecasting, and performance analysis to enable proactive project decision-making. This role requires strong proficiency in Primavera P6, advanced schedule analytics, and quantitative risk management techniques.
Key Responsibilities
  • Develop, maintain, and manage integrated project schedules using Primavera P6, ensuring alignment with scope, cost, and risk baselines.
  • Create and manage schedule performance baselines and support integrated cost and schedule forecasting.
  • Perform quantitative and qualitative schedule risk analysis using tools such as Expected Monetary Value and sensitivity analysis.
  • Forecast schedule variance (SV) and identify corrective, preventive, and predictive actions to improve performance.
  • Lead schedule assessment and analysis processes, incorporating risk response planning and contingency logic into project schedules.
  • Tailor and enhance schedule management processes, tools, and reporting structures to improve project performance.
  • Support contract commercial management through schedule performance assessments, contract reviews, and change management forecasting.
  • Provide advanced schedule reporting and analytics for project stakeholders and leadership teams.
  • Integrate project management subsidiary systems to improve overall project performance.
  • Serve as a scheduling subject matter expert to project managers, directors, and project controls leadership.
  • Support continuous lifecycle planning with progressive risk management forecasting to improve schedule predictability and precision.
  • Ensure compliance with industry standards, NiSource Project Management Guidelines, and project controls best practices.

Required Qualifications
  • High School diploma and four years of experience working as a project scheduler
  • OR
  • High School diploma and six years of construction or engineering experience, with at least two years as a project scheduler
  • OR
  • Bachelor's Degree and four years of experience as a project scheduler
  • Integrated knowledge of project scope, schedule, cost, risk, and quality management
  • Strong proficiency in Primavera P6 scheduling software
  • Advanced proficiency in spreadsheet development, utilization, and controlled manipulation
  • Experience applying risk and quality management tools and techniques
  • Ability to read and interpret complex schedules
  • Strong communication, stakeholder management, and conflict resolution skills
  • Valid driver's license

Preferred Qualifications
  • Bachelor's Degree with four years of experience as a project scheduler
  • Experience in large industrial or capital project environments
  • Advanced database and schedule hierarchy development proficiency
  • Experience in quantitative schedule risk analysis and forecasting
  • Strong understanding of contract schedule analysis and performance assessment
  • Demonstrated ability to lead schedule efforts within complex project teams

Success Profile
The ideal candidate:
  • Demonstrates advanced technical scheduling expertise with strong analytical capabilities
  • Brings a proactive, predictive mindset to schedule performance management
  • Communicates effectively with diverse stakeholders and project leadership
  • Integrates risk, cost, and schedule thinking to drive improved project outcomes
  • Thrives in structured, process-driven industrial project environments

Apply