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Contract Probabilistic Risk Analysis Engineer Jobs

Paco Group

Project Risk Specialist

New York, NY · 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 ...

SageSure

Catastrophe Risk Analyst

Chicago, IL · On-site

Conduct claims analysis, event response, and post-event analytics. * Support the integration of ... Familiarity with stochastic simulation, probabilistic risk modeling, and quantitative methods.

X Energy LLC

Engineer IV, Safety Analysis & V&V

Rockville, MD · On-site

$79K - $104K/yr

The Safety Analysis Engineer performs and oversees thermo-hydraulic safety analysis work supporting ... Support probabilistic risk assessment (PRA) activities by providing deterministic thermo-hydraulic ...

X Energy LLC

Engineer IV, Safety Analysis & V&V

Rockville, MD · On-site +1

$79K - $104K/yr

The Safety Analysis Engineer performs and oversees thermo-hydraulic safety analysis work supporting ... Support probabilistic risk assessment (PRA) activities by providing deterministic thermo-hydraulic ...

SageSure

Senior Catastrophe Risk Analyst

Chicago, IL · On-site

Conduct claims analysis, event response, and post-event analytics. * Support integration of climate ... Familiarity with stochastic simulation, probabilistic risk modeling, and related statistical ...

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All JobsContract Probabilistic Risk Analysis Engineer Jobs

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 Jul 11, 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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Contract Probabilistic Risk Analysis Engineer jobs near you
Infographic showing various Contract Probabilistic Risk Analysis Engineer job openings in the United States as of July 2026, with employment types broken down into 87% Full Time, 11% Part Time, and 2% Contract. Highlights an 83% Physical, 3% Hybrid, and 14% Remote job distribution, with an average salary of $115,864 per year, or $55.7 per hour.
Computational Modeling Data Analyst

Computational Modeling Data Analyst

Innovative Reasoning

Quantico, VA • On-site

Full-time

Re-posted 5 days ago

Job description

Provide on-site Computational Modeling Data Analysis, and subject matter expertise in support to Maritime Expeditionary Warfare, Headquarters Marine Corps, Deputy Commandant for Combat Development & Integration, Marine Corps Combat Development Command, located at Quantico, VA.
Responsibilities/Duties:
  • Reporting and Dashboards:
    • Identify and extract essential information from web instances or Excel files.
    • Once identified, data must be shown effectively/efficiently through presentations, working papers, and various dashboard technologies to inform leaders.
  • Simulation modeling and analysis:
    • Apply quantitative data science techniques (statistics, mathematics, computer science, and physics) to analyze naval capability portfolio performance, cost and optimization, multi-objective decision-making, sensitivity analysis.
  • Risk Analysis:
    • Apply Qualitative, quantitative and decision risk analysis techniques for risk identification/evaluation, risk handling, risk monitoring and risk management.
    • Conduct Quantitative Risk Analysis including:
      • Probabilistic Risk Assessment of platform performance, cost, and schedule.
      • Decision Risk Analysis includes applying risk and cost benefit techniques in decision making associated with significant risk or uncertainty.
    • Probability and statistical analysis:
      • Provide analytic process models, including various probability distributions (normal, binomial, Poisson, exponential, lognormal), probabilistic measures of system performance, data summaries (graphical and numerical), confidence intervals, hypothesis tests, regression analysis (single and multiple predictors), single-factor analysis of variance, and basic time-series analysis.

Supplemental Duties:
  • Provide essential actions required to develop relational databases and management systems using Microsoft Excel, Access, or other Department of Defense-approved database tools.
    • Includes extracting information from multiple and diverse large data sets, as well as storing, retrieving, managing, and controlling data.

Supervisory Responsibilities:
  • None

Education:
REQUIRED
  • Bachelor of Science (BS) in Data Science/Analytics, Mathematics, Statistics, or Engineering.

PREFERRED
  • BS in Computational Modeling & Data Analytics.

Skills/Qualifications and Certifications:
  • Must be comfortable presenting work to audience; must have ability to present and engage in a technical presentation to a non-technical audience.

Experience:
  • Experience in RStudio (preferred), or Python.
  • Experience in building dashboards: Power BI, R Shiny, Tableau, etc.

Location: The primary workplace will be the Marine Corps Combat Development Command, General Raymond G. Davis Center (Bldg. 3300), 3300 Russell Rd, Quantico, VA 22134.
Work Environment:
  • On-site Office Environment, amongst mixed military/civilian/contractor personnel.
  • Employees will be exposed to a wide variety of people with differing functions, personalities, and abilities.
  • Remote work may be authorized, in coordination with client.

Physical Demands:
  • Work is generally sedentary; there could be a requirement to assist in moving and repositioning computer systems, servers, and other office equipment weighing no more than 50 pounds per person (e.g., two-man lift 100 lbs.).
  • Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work Schedule: Full Time/40 hours per week. Mon-Fri/8 hours a day. Normal working hours are 8:00 AM - 4:00 PM (0800 - 1600).
License and Other Requirements:
  • Hold a valid US Driver's License, with ability to operate private, and commercial owned motor vehicles (Rental), as required for commuting and travel.
  • Must be able to obtain a contractor's common access card, which will stand as identification for instructors and will enable them to access government owned computer equipment and Non-secure Internet Protocol.

Salary and Benefits: As stated during the interview/hiring process.
Security Clearance: Possess or be eligible to posses an active U.S. Secret level security clearance. As required, obtain a Secure Internet Protocol (SIPR) access token for access to government SIPR computers terminals.
Travel: Travel to other government and/or contractor facilities, and/or ships may be required. Travel may be required on weekends and could include CONUS and OCONUS locations. The exact dates and duration of travel will vary dependent upon location and requirements of individual events to include planning, attendance at meetings, conferences, and/or wargames.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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