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Contract Probabilistic Risk Analysis Engineer Jobs in Eden Prairie, MN

Daikin Applied

Design Quality Engineer

Plymouth, MN · On-site

Design & Risk Expertise * Strong working knowledge of DFMEA and product risk analysis ... Engineering Influence * Ability to challenge assumptions and influence design decisions * Strong ...

Mortenson

Risk Management Intern

Minneapolis, MN · On-site

$18/hr

As a top builder, developer, and EPC (Engineering, Procurement, and Construction), our expertise ... contract language, trade partner prequalification, probable maximum loss analysis, and Enterprise ...

Anteris Technologies

R&D Engineer II

Brooklyn Park, MN · On-site

$95K - $115K/yr

Contribute to risk analysis activities (FMEA) * Support design controls in accordance with FDA and ... Bachelor's degree in Engineering (Mechanical, Biomedical, or related) * 2-5 years of experience in ...

Anteris Technologies

R&D Engineer II

Brooklyn Park, MN · On-site

$95K - $115K/yr

Contribute to risk analysis activities (FMEA) * Support design controls in accordance with FDA and ... Bachelor's degree in Engineering (Mechanical, Biomedical, or related) * 2-5 years of experience in ...

Medtronic

Prin Quality Engineer

Minneapolis, MN · On-site

$75K - $97K/yr

... Management Quality Engineer to join our innovative team. This role will be in the surgical ... Leading hazard and risk analysis activities to identify potential risks and implement effective ...

Medtronic

Prin Quality Engineer

Minneapolis, MN · On-site

$75K - $97K/yr

... Management Quality Engineer to join our innovative team. This role will be in the surgical ... Leading hazard and risk analysis activities to identify potential risks and implement effective ...

Actalent

Supplier Quality Engineer

Hamel, MN · On-site

$40 - $53/hr

Develop and manage comprehensive supplier quality plans based on thorough risk analysis to ensure ... This is a Contract position based out of Hamel, MN. Pay and Benefits The pay range for this ...

TSI, Inc.

Contract Attorney

Shoreview, MN · On-site

$150K - $175K/yr

Partner with business leaders and internal stakeholders (sales, operations, engineering, marketing ... Demonstrated track record of independently analyzing and resolving complex, high-risk contract ...

TSI Incorporated

Contract Attorney

Shoreview, MN · On-site

$150K - $175K/yr

Partner with business leaders and internal stakeholders (sales, operations, engineering, marketing ... Demonstrated track record of independently analyzing and resolving complex, high-risk contract ...

TSI Incorporated

Contract Attorney

Shoreview, MN · On-site

$150K - $175K/yr

Identify, assess, and resolve significant legal and business risk issues within contract terms ... Partner with business leaders and internal stakeholders (sales, operations, engineering, marketing ...

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All JobsContract Probabilistic Risk Analysis Engineer JobsContract Probabilistic Risk Analysis Engineer Jobs in Eden Prairie, MN

Contract Probabilistic Risk Analysis Engineer information

See Eden Prairie, MN salary details

$38.7K

$118.1K

$195.2K

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

As of Sep 12, 2026, the average yearly pay for contract probabilistic risk analysis engineer in Eden Prairie, MN is $118,130.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,600.00 and $154,500.00 per year, depending on experience, location, and employer.

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.

Contract Probabilistic Risk Analysis Engineer jobs near you
Infographic showing various Contract Probabilistic Risk Analysis Engineer job openings in Eden Prairie, MN as of August 2026, with employment types broken down into 84% Full Time, 13% Part Time, and 3% Contract. Highlights an 83% Physical, 5% Hybrid, and 12% Remote job distribution, with an average salary of $118,130 per year, or $56.8 per hour.

Design Quality Engineer

Plymouth, MN • On-site

Daikin Applied
Manufacturing • 1 - 5K employees
Learn more about Daikin Appliedexternal

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 18 days ago

Job description

Join the world's largest HVAC company, named by Forbes as one of America's Best-In-State Employers 2025!
Design Quality Engineer - Plymouth, MN - Hybrid
Daikin Applied is seeking a Design Quality Engineer responsible for ensuring product quality is designed, validated, and verified throughout the product development lifecycle by owning requirements quality, design risk identification, and validation effectiveness to support evidence-based readiness decisions prior to product launch. This role is embedded within engineering teams and acts as a technical partner to ensure risks are understood, mitigated, and clearly articulated before advancing through NPI decision points.
Come be a part of an exciting journey at Daikin Applied, where innovation and excellence drive our every endeavor!
Location: Hybrid - Plymouth, MN
Your Responsibilities:
  • Requirements Quality
    • Ensure product and system requirements are complete, testable, and traceable from customer needs through engineering
    • Establish and maintain linkage between requirements, design outputs, and validation plans
    • Identify gaps, ambiguity, or misalignment early in the design process
    • Support integration of field, reliability, and validation feedback into requirements
  • Design Risk Management
    • Lead development and continuous improvement of DFMEA to ensure comprehensive risk identification and mitigation
    • Drive prioritization and closure of critical design risks prior to design freeze
    • Challenge assumptions, failure modes, and design trade-offs to improve robustness
    • Ensure design risks are transparent, quantified, and actively managed
  • Validation Effectiveness (Prove It Works)
    • Define and assess validation strategy and DVP&R to ensure coverage of critical requirements and risks
    • Evaluate validation results to confirm product performance, reliability, and safety
    • Ensure validation reflects real-world use conditions, not only lab compliance
    • Drive closure of validation gaps prior to key readiness and decision points
  • Design Readiness & Decision Support
    • Provide objective, evidence-based input into readiness reviews and decision points
    • Ensure readiness assessments reflect actual product maturity and residual risk
    • Support clear articulation of risk acceptance decisions and trade-offs
    • Drive consistency in how "ready" is defined across program
  • Manufacturing Readiness Alignment
    • Ensure alignment between design intent and production capability
    • Support transition of design outputs into manufacturing controls and process definitions
    • Identify and mitigate risks associated with design transfer to production
    • Ensure learning from manufacturing and field issues feeds back into design
  • Cross-Functional Design Collaboration
    • Embed within engineering teams to influence design decisions from concept through launch
    • Partner with Product Management, Engineering, Operations, and Quality functions
    • Act as the voice of product quality within development-not as a downstream reviewer
    • Facilitate structured, risk-based discussions across functions
  • Metrics & Continuous Improvement
    • Define and track leading indicators tied to:
      • Requirements quality
      • Design risk identification and closure
      • Validation coverage and effectiveness
      • Readiness risk at decision points
  • Use data to proactively identify trends and drive early corrective actions
  • Ensure learnings from issues and CAPAs are reflected in future design practices

Your Qualifications:
  • Bachelor' s Degree in Engineering, or a related technical discipline
  • 6+ years in product development, design engineering, or quality engineering roles
  • Demonstrated experience working within product development or NPI environments
  • Design & Risk Expertise
    • Strong working knowledge of DFMEA and product risk analysis
    • Understanding of system-level design, interfaces, and failure mechanisms
    • Ability to identify and prioritize risks early in development
  • Requirements & Systems Thinking
    • Experience with requirements definition, traceability, and verification
    • Ability to assess requirements for clarity, completeness, and testability
  • Validation & Verification
    • Knowledge of validation planning and DVP&R development
    • Ability to assess test coverage relative to requirements and risks
    • Ability to interpret validation data and support decision making
  • Engineering Influence
    • Ability to challenge assumptions and influence design decisions
    • Strong facilitation skills for cross-functional technical discussions
    • Ability to operate as a peer within engineering teams
  • Analytical & Problem Solving
    • Strong analytical mindset with ability to evaluate data and identify patterns
    • Experience applying structured problem-solving methods
    • Ability to translate analysis into actionable design improvements

Your Benefits:
Daikin Applied offers the following benefits for this position, subject to applicable eligibility requirements:
  • Multiple medical insurance plan options + dental and vision insurance
  • 401K retirement plan with employer match
  • Paid time off and company paid holidays
  • Paid sick time in accordance with the federal, state and local law
  • Tuition Reimbursement after 6 months of continuous service

Work visa sponsorship is not available for this position
The typical annual base salary for this position ranges from $109,100 - $188,700 plus a 15% bonus in Minnesota. The range displayed represents the pay range for all positions in the job grade which these positions fall. Individual base pay will depend on a wide range of factors including your skills, qualifications, experience, and location.
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If you're looking for an engaging career with growth opportunities in a supportive environment, you'll love a career at Daikin Applied!

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