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Contract Probabilistic Risk Analysis Engineer Jobs

Project Risk Specialist

New York, NY ยท On-site

$45 - $65/hr

Ability to analyze and interpret probabilistic risk data and assist in communicating key risk ... Bachelor's degree in Engineering, Construction Management, Project Controls, Business ...

... analysis techniques, probabilistic risk modeling, and the ability to develop, package, and present ... Typically requires a Bachelor's degree in engineering, business administration or similar ...

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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 May 31, 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 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 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 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 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.

More about Contract Probabilistic Risk Analysis Engineer jobs
What cities are hiring for Contract Probabilistic Risk Analysis Engineer jobs? Cities with the most Contract Probabilistic Risk Analysis Engineer job openings:
What are the most commonly searched types of Probabilistic Risk Analysis Engineer jobs? The most popular types of Probabilistic Risk Analysis Engineer jobs are:
What states have the most Contract Probabilistic Risk Analysis Engineer jobs? States with the most job openings for Contract Probabilistic Risk Analysis Engineer jobs include:
What job categories do people searching Contract Probabilistic Risk Analysis Engineer jobs look for? The top searched job categories for Contract Probabilistic Risk Analysis Engineer jobs are:
Infographic showing various Contract Probabilistic Risk Analysis Engineer job openings in the United States as of May 2026, with employment types broken down into 89% Part Time, 3% Temporary, and 8% Contract. Highlights an 95% Physical, and 5% Hybrid job distribution, with an average salary of $115,864 per year, or $55.7 per hour.
Structural Engineer/Associate (Infrastructure Risk) (Ph.D.)

Structural Engineer/Associate (Infrastructure Risk) (Ph.D.)

Exponent Inc.

Manhattan, NY โ€ข On-site

$117K - $135K/yr

Full-time

Retirement

Posted 18 days ago


Job description

About Exponent
Exponent is the only premium engineering and scientific consulting firm with the depth and breadth of expertise to solve our clients' most profoundly unique, unprecedented, and urgent challenges.
Our vision is to engage multidisciplinary teams of science, engineering, and regulatory experts to empower clients with solutions that create a safer, healthier, more sustainable world. For over five decades, we've connected the lessons of past failures with tomorrow's solutions to advise clients as they innovate technologically complex products and processes, ensure the safety and health of their users, and address the challenges of sustainability.
Join our team of experts with degrees from top programs at over 500 universities and extensive experience spanning a variety of industries. At Exponent, you'll contribute to the diverse pool of ideas, talents, backgrounds, and experiences that drives our collaborative teamwork and breakthrough insights. Plus, we help you grow your career through mentoring, sponsorship, and a culture of learning. Thanks for your interest in joining our team!
Key statistics:
  • 950+ Consultants
  • 640+ Ph.D.s
  • 90+ Disciplines
  • 30+ Offices globally

Our Opportunity
We are currently seeking a Structural Engineer / Associate (Infrastructure Risk) for our Civil & Structural Engineering Practice in New York, NY.
You will be responsible for
  • Developing and implementing analytical tools and frameworks to characterize and assess critical infrastructure risks and support decision making
  • Performing quantitative and probabilistic risk analysis to determine the impacts of hazards on infrastructure
  • Performing engineering analyses related to project work in the energy sector
  • Preparing technical reports and presentations related to project work in the energy sector

You will have the following skills and qualifications
  • Ph.D. in Civil/Structural Engineering
  • EIT or PE (Civil) or the ability to obtain a Professional Engineer license within 3 years
  • Technical background in probabilistic risk analysis
  • Excellent written and verbal communications skills (Writes clearly and concisely; writing is thorough and technically accurate; Speaks clearly and concisely)
  • Ability to work independently and in multidisciplinary teams
  • Ability to gather information and convey technical conclusions to individuals in engineering, business, and related industry
  • Applies technical knowledge, creativity and innovation in completing assignments
  • Efficient and poised under stress; receptive to changes and new ideas; ability to prioritize tasks
  • Ability to support multiple group projects

Applicants are encouraged to submit a CV (Curriculum Vitae) with publications (feel free to include publications that are in review or pending) [not restricted to 1 page].
Life @ Exponent
To learn more about life at Exponent and our impact, please visit the following links:
https://www.exponent.com/careers/life-exponent
https://www.exponent.com/company/our-impact
Attracting, inspiring, developing, and rewarding exceptional people with diverse backgrounds and expertise are central to our corporate culture. Our diverse team allows us to provide better value to our clients and enjoy an enriched work environment.
Our firm is committed to offering a variety of programs and resources to support health and well-being. We believe that providing competitive benefits as well as compensation and recognition programs empowers our staff to do work that makes a difference.
Work Environment
At Exponent, we have found that in-person interactions deepen employee engagement and are crucial for development, for realizing the full potential of our talented and diverse teams, and for building a more inclusive workplace where all have a sense of belonging. In our offices, you can expect a supportive culture and a collaborative, dynamic, multi-disciplinary work environment. Our consultants engage in-person in the office unless they are traveling for client work or other business activities.
We value the rich lives our colleagues enjoy outside of work and understand that work/life balance is critical to our employees and their well-being. Consultants have the autonomy to balance their work and personal schedules so you can meet with clients, visit inspection sites, attend conferences, and make time for priorities outside of work, too. It is this flexible, agile work style and working hours that allow our teams to drive innovation and results in their own ways, while meeting the needs of clients. #LI-Onsite
Compensation
Our consultants are rewarded for their technical and business contributions and have an opportunity to plan for future success and career growth. Exponent's total compensation plan is consistent with its expectations of the quality and quantity of work performed and with the professional standards set by Exponent. At the Associate and Senior Associate level, total compensation includes base salary, bi-weekly bonuses for high-intensity efforts, annual bonus and 401(k) employer contribution of 7% of base salary.
The base salary range for this position is dependent on experience and capabilities which will be assessed during the interview process.
Salary Range
USD $117,000.00 - USD $135,000.00 /Yr.
Benefits you will enjoy
Access benefits information on our Life@Exponent page:
https://www.exponent.com/careers/life-exponent
Exponent is a proud equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status.
If you need assistance or accommodation due to a disability, you may email us at HR-Accommodations@exponent.com.
Job Locations
US-NY-New York