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Contract Probabilistic Risk Analysis Engineer Jobs in Eden Prairie, MN

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 ...

Collabera

Design Quality Engineer

Plymouth, MN

Risk analysis Highly proficient in math and use of statistical techniques Root cause analysis ... Experience in related engineering areas, e.g. R&D or Manufacturing may also be applicable if ...

Marotta Controls, Inc.

Quality Engineer II

Chaska, MN · On-site

$87.50 - $115/hr

Work internally and externally to develop Risk Analysis and Mitigation plans * Promote the use of ... our contracts require proof that you are a U.S. citizen and/or that an export license has been ...

Actalent

Mechanical Design Engineer

Maple Grove, MN

$77K - $105K/yr

Experience with FMEA, HAZOP, safety risk assessments, or similar risk analysis methods * Ability to ... Job Type & Location This is a Contract to Hire position based out of Maple Grove, MN. Pay and ...

New

Keenfinity

Mechanical Engineer

Burnsville, MN · On-site

Contribute to design risk analysis by applying structured risk management tools such as Failure ... Initiate Engineering Change Orders (ECs) to update 3D models and technical documentation. * Advise ...

Keenfinity

Mechanical Engineer

Burnsville, MN

Contribute to design risk analysis by applying structured risk management tools such as Failure ... Initiate Engineering Change Orders (ECs) to update 3D models and technical documentation. * Advise ...

Keenfinity

Mechanical Engineer

Burnsville, MN · On-site

Contribute to design risk analysis by applying structured risk management tools such as Failure ... Initiate Engineering Change Orders (ECs) to update 3D models and technical documentation. * Advise ...

Actalent

Sr. Systems Engineer

Minneapolis, MN

$55 - $70/hr

Job Title: Sr. Systems Engineer Summary The Sr. Systems Engineer leads architecture design ... Perform system-level analysis, simulation, and risk assessments to ensure performance, safety, and ...

3M

Spec Mfg Technology Automation

Maplewood, MN · On-site

... analysis, engineering judgment, and calculated risk assessment. Define and review technical requirements, equipment specifications, process scope, layouts, throughput requirements, and acceptance ...

3M

Spec Mfg Technology Automation

Maplewood, MN · On-site

... analysis, engineering judgment, and calculated risk assessment. Define and review technical requirements, equipment specifications, process scope, layouts, throughput requirements, and acceptance ...

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Showing results 41-60

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 Aug 21, 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.

Contract Attorney

TSI, Inc.

Shoreview, MN • On-site

$150K - $175K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 22 days ago

Transworld Systems Inc. rating

4.8

Company rating: 4.8 out of 10

Based on 21 frontline employees who took The Breakroom Quiz

60th of 72 rated call and contact centers

Job description

Who Are We?Do you want to help to make the world a better place? Join our team! At TSI our vision is to create a better world by helping to protect people, products and the environment. We are proud of the wide range of solutions we provide that solve our customer's problems around the world. From helping to ensure worker safety and understanding air quality to supporting complex highly technical industries such as pharmaceuticals manufacturing, semiconductor, and research customers, TSI employees are part of something special with a purpose.
Contract Attorney at TSI
TSI is seeking a Contract Attorney to review and negotiate contracts carrying moderate to high risk to the company, including internationally. Reporting directly to TSI's Group President, this role oversees a range of legal and contractual processes and partners closely with internal stakeholders and outside counsel to keep the business compliant and protected. The work often goes beyond routine agreements, requiring the attorney to develop specialized contract vehicles and negotiation strategies tailored to complex business needs. Success depends on strong independent judgment - identifying and resolving significant issues, and, when necessary, building new contract policies and processes to support evolving business goals.
What Will You Do?
In order to grow and build a successful career with TSI, you will be responsible for:
  • Review, draft, and negotiate a range of commercial contracts, including those with moderate to high-risk exposure (e.g., master service agreements, vendor and supplier contracts, licensing agreements, partnership and channel agreements)
  • Develop specialized contract structures and negotiation strategies for non-standard or complex business arrangements
  • Identify, assess, and resolve significant legal and business risk issues within contract terms
  • Serve as a trusted advisor to senior stakeholders on high-stakes or precedent-setting agreements, including working in collaboration with outside counsel
  • Partner with business leaders and internal stakeholders (sales, operations, engineering, marketing, finance) to align contract terms with business objectives
  • Lead the development and rollout of new or updated contract policies, templates, and processes to improve efficiency and consistency
  • Advise internal teams on contractual rights, obligations, and risk implications in plain, actionable language
  • Manage a high-volume contract pipeline, prioritizing effectively without compromising thoroughness
  • Stay current on relevant laws, regulations, and industry standards that affect contract terms and enforceability

What Do You Need?Required
  • Juris Doctor (JD) from an ABA-accredited law school and active license to practice law in Minnesota (or ability to obtain via reciprocity within a defined timeframe)
  • 5+ years of experience in contract law, commercial transactions, or a related legal practice area, including significant in-house experience
  • Demonstrated track record of independently analyzing and resolving complex, high-risk contract issues
  • Strong negotiation skills with a history of balancing legal risk against business needs at a senior level
  • Excellent written and verbal communication skills, with the ability to translate legal concepts for non-legal audiences, including executives
  • Sound judgment and comfort operating with ambiguity on novel or non-routine matters

PREFERRED
  • Experience leading the development or overhaul of contract policies, playbooks, or templates at an organizational level
  • Familiarity with industry-specific contracts relevant to TSI
  • Experience working cross-functionally with procurement, finance, or sales leadership

TRAVEL
Ability to travel up to 10% of the time.
What Can We Give You?At TSI, our employees are our most valuable assets, and we care about their health and happiness. We offer a competitive benefits program to keep our employees and their family members protected and foster a healthy work-life balance. Additionally, we are committed to employee development and growth, and encourage and foster an environment of collaboration, and innovation. Our work has meaning and the products we design and build help protect people and the environment.
Dress for your day: We want our employees to be comfortable at work and we know they are more productive when they're comfortable. The dress for your day policy allows employees' discretion to select appropriate dress for the business of each workday.
Free Beverages/On-site Cafeterias: Enjoy complimentary coffee, tea and hot chocolate each day at work. We also have two large cafeterias employees can eat lunch in, as well as an outside patio area that employees can enjoy during the summer months.
Pay & Benefits:
Competitive market salary from $150,000 - $175,000 per year* depending on qualifications and experience. For eligible Leadership and individual contributor roles, additional bonus opportunities may be available and awarded at the discretion of the Company.
Benefits:
  • Health Insurance: Comprehensive medical, dental, and vision coverage.
  • Retirement Plan: 401(k) with company match.
  • Paid Time Off Program: Paid time off, paid holidays, and paid floating holidays.
  • Other Benefits: Life insurance, employee assistance program (EAP), and professional development opportunities.

*Pay amount does not guarantee employment for any particular period of time.
Legal authorization to work in the United States without the need for sponsorship. We require proof of eligibility to work in the United States.
EOE/Vet/Disability
TSI provides trusted measurement, application guidance, and data analytics solutions that enable our global customers to make informed decisions. We are creating a better world by helping protect people, products and the environment, as well as by optimizing research and industrial processes.

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