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Contract Probabilistic Risk Analysis Engineer Jobs

The position provides technical expertise in probabilistic risk assessment, accident analysis, and ... build contracts. * Provide Owner's Engineer oversight , participating in design reviews ...

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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 Jun 14, 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 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.
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Infographic showing various Contract Probabilistic Risk Analysis Engineer job openings in the United States as of June 2026, with employment types broken down into 2% As Needed, 82% Full Time, 12% Part Time, 1% Temporary, and 3% Contract. Highlights an 80% Physical, 2% Hybrid, and 18% Remote job distribution, with an average salary of $115,864 per year, or $55.7 per hour.
Safety Analysis Engineer- Level I, II, or III

Safety Analysis Engineer- Level I, II, or III

Cross Resource Group

Richland, WA

$45 - $68/hr

Full-time

Medical, Dental, Vision, Retirement

Posted 14 days ago


Job description

Probabilistic Safety Analysis (PSA) Engineer I / II / III – New Nuclear (Contract)

Location: Richland, WA (Onsite)

Schedule: 4x10 (Mon–Thurs)

Duration: 12 months

Openings: 1 (level determined based on experience)

Pay:

  • Level I: $45.00–$52.00/hr
  • Level II: $50.00–$61.80/hr
  • Level III: $58.00–$68.00/hr

Overview

A leading nuclear energy organization is seeking a Probabilistic Safety Analysis (PSA) Engineer to support new nuclear development initiatives.

This role supports advanced reactor design, licensing, and construction activities. You will work on complex probabilistic risk assessments, design reviews, and regulatory compliance efforts tied to next-generation nuclear technologies.

Only 1 hire will be made. Level (I, II, or III) will be determined based on experience.

What You’ll Do

  • Perform probabilistic safety and risk assessments (PRA/PSA)
  • Support advanced reactor design and development efforts
  • Participate in design reviews and construction oversight
  • Assist with licensing and construction permit activities
  • Interpret and apply NRC regulations, NEI guidance, and EPRI standards
  • Develop and review risk models, hazard analyses, and event sequences
  • Provide input on project schedules and engineering deliverables
  • Identify design or operational risks and recommend corrective actions
  • Support Owner’s Engineer activities and design/build projects


Level Breakdown

Level I – Entry / Early Career

Pay: $45.00–$52.00/hr

Experience:

  • Bachelor’s degree in Engineering
  • 1+ year of engineering experience

What they’re doing:

  • Supporting PSA/PRA analysis under guidance
  • Assisting with model development and data analysis
  • Learning regulatory frameworks (NRC, NEI, EPRI)
  • Contributing to design reviews and documentation

Profile:

  • Strong fundamentals in engineering and analysis
  • Exposure to nuclear, energy, or heavy industrial environments
  • Coachable and able to learn complex systems quickly


Level II – Mid-Level Engineer

Pay: $50.00–$61.80/hr

Experience:

  • Bachelor’s degree in Engineering
  • 3+ years of relevant engineering experience

What they’re doing:

  • Independently performing PSA/PRA analyses
  • Supporting licensing and regulatory activities
  • Contributing to construction and design oversight
  • Interpreting standards and applying them to real-world systems

Profile:

  • Hands-on PRA or risk analysis experience
  • Comfortable working with minimal supervision
  • Strong understanding of engineering codes and standards


Level III – Senior / Lead Engineer

Pay: $58.00–$68.00/hr

Experience:

  • Bachelor’s degree in Engineering + 7+ years experience
  • OR
  • PE license + 8+ years experience

What they’re doing:

  • Leading complex PSA/PRA efforts
  • Providing technical direction and mentorship
  • Advising on advanced reactor design and regulatory strategy
  • Developing new processes, procedures, and methodologies
  • Solving highly complex, non-standard engineering problems

Profile:

  • Deep expertise in PRA/PSA methodologies
  • Experience with advanced reactor technologies or large nuclear projects
  • Strong leadership and decision-making ability

Required / Desired Skills (All Levels)

  • Probabilistic Risk Assessment (PRA) / Probabilistic Safety Analysis (PSA)
  • Knowledge of ASME/ANS PRA standards (RA-S-1.4)
  • Event sequence analysis, initiating events, uncertainty analysis
  • Understanding of transient and accident analysis
  • Familiarity with:
  • NRC regulations
  • NEI guidance (including NEI 18-04)
  • EPRI standards
  • Experience with:
  • Seismic PRA
  • Fire PRA
  • Ability to interpret PSA models and results

Work Environment

  • Onsite in Richland, WA
  • 4-day work week (10-hour days)
  • No per diem
  • U.S. Citizenship required
  • No on-call requirement

Benefits (Contractor)

  • Medical, dental, and vision coverage
  • 401(k) eligibility after 12 months
  • State-compliant paid sick leave

Washington Sick Leave (Richland, WA):

  • Minimum 1 hour of paid sick leave per 40 hours worked
  • Typically equates to ~6–9 days per year depending on hours worked