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Full Time Monte Carlo Simulation Jobs (NOW HIRING)

Data Scientist III

Charlottesville, VA · On-site

$98K - $171K/yr

Prototype algorithms in Python, MATLAB, or R and validate performance through Monte Carlo simulation * Apply modern statistical and computational methods to emerging tracking challenges Operational ...

Engineer V

Herndon, VA · On-site

$105K - $189K/yr

Analyze the stability and robustness of guidance and control algorithms using control theory and Monte Carlo simulations. * Undertake requirements capture, performance trades and design activities.

Employment Type: Full time Knowledge, Skills, & Abilities: Education Requirements: Hourly Rate ... Quantitative Analysis • Build cost- and schedule-risk models; run Monte Carlo simulations (10k ...

JR Cost Analyst

Chantilly, VA · On-site

$92K - $102K/yr

Proficient with the application of Monte Carlo simulation techniques * Excellent communication skills with the ability to present results to senior leadership * Ability to work independently and lead ...

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Full Time Monte Carlo Simulation information

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$11K

$67.6K

$121.5K

How much do full time monte carlo simulation jobs pay per year?

As of Jul 31, 2026, the average yearly pay for full time monte carlo simulation in the United States is $67,601.00, according to ZipRecruiter salary data. Most workers in this role earn between $44,000.00 and $79,500.00 per year, depending on experience, location, and employer.

What is a Monte Carlo Simulation and what does a Full Time Monte Carlo Simulation job involve?

A Monte Carlo Simulation is a computational technique that uses random sampling to estimate complex mathematical or physical systems, often used to model uncertainty and forecast outcomes in fields like finance, engineering, and scientific research. A Full Time Monte Carlo Simulation job typically involves developing, implementing, and analyzing simulation models to provide insights or solve problems for businesses or research projects. Professionals in this role often use programming languages such as Python, R, or MATLAB, and require strong analytical, mathematical, and statistical skills. They may work in industries such as finance, insurance, energy, or manufacturing, helping organizations make informed decisions based on probabilistic modeling.

What are some common challenges faced by professionals working full time with Monte Carlo simulations, and how can they be addressed?

Professionals working full time with Monte Carlo simulations often encounter challenges such as managing computational complexity, ensuring accurate input data, and interpreting probabilistic results for stakeholders. Efficiently optimizing code and leveraging parallel computing can help address performance issues, while thorough validation and sensitivity analysis improve model reliability. Collaborating closely with subject matter experts ensures that simulation inputs and assumptions are realistic, ultimately leading to more actionable insights.

What are the key skills and qualifications needed to thrive as a Monte Carlo Simulation Specialist, and why are they important?

To excel as a Monte Carlo Simulation Specialist, you need strong quantitative analysis skills, a background in mathematics, statistics, or engineering, and typically a relevant degree. Proficiency in programming languages like Python, R, or MATLAB, as well as experience with simulation software and statistical packages, is crucial. Attention to detail, problem-solving abilities, and effective communication help explain complex results to stakeholders. These skills ensure accurate modeling, reliable risk assessments, and actionable insights for data-driven decision-making.

What is the difference between Full Time Monte Carlo Simulation vs Quantitative Analyst?

AspectFull Time Monte Carlo SimulationQuantitative Analyst
CredentialsDegree in Mathematics, Statistics, or FinanceDegree in Finance, Economics, or Mathematics
Work EnvironmentFinancial institutions, risk management teamsInvestment banks, hedge funds, asset management firms
Industry UsageRisk modeling, option pricing, simulationsMarket analysis, trading strategies, risk assessment

Full Time Monte Carlo Simulation specialists focus on developing and running complex simulations to assess financial risks and pricing models. Quantitative Analysts, while often utilizing Monte Carlo methods, have broader roles including data analysis, modeling, and strategy development. Both roles require strong quantitative skills and work in similar financial environments, but their primary responsibilities differ in scope and application.

More about Full Time Monte Carlo Simulation jobs
What cities are hiring for Full Time Monte Carlo Simulation jobs? Cities with the most Full Time Monte Carlo Simulation job openings:
What are the most commonly searched types of Monte Carlo Simulation jobs? The most popular types of Monte Carlo Simulation jobs are:
Infographic showing various Full Time Monte Carlo Simulation job openings in the United States as of July 2026, with employment types broken down into 7% Locum Tenens, 3% Internship, 67% As Needed, 6% Full Time, 16% Nights, and 1% Summer. Highlights an 89% Physical, 5% Hybrid, and 6% Remote job distribution, with an average salary of $67,601 per year, or $32.5 per hour.

Modeling and Simulation Engineer, Mid-Level

Simulation Technologies, Inc. (SimTech)

Huntsville, AL

Full-time

Retirement

Re-posted 13 days ago


Job description

Modeling and Simulation Engineer, Mid-Level

Overview

SimTech, Inc., recognized as one of the 2026 Best Places for Working Parents, is seeking a Modeling and Simulation Engineer, Mid-Level to join our dynamic and diverse team in Huntsville, AL. This is an upcoming opening with opportunities for growth and professional development.

SimTech offers a market leading compensation package with excellent benefits, work/life balance, outstanding retirement plan, career advancement and much more.

This role requires developing and maintaining a high-fidelity 6DOF simulation of a weapon system with seeker and the digital environment used to characterize end-to-end system performance, supporting flight software integration, and performing trade studies that inform design and requirements decisions.

Responsibilities

Model and analyze RF seeker performance, including sensor control, tracking, and target engagement behavior.

Evaluate overall missile performance through airframe, propulsion, aerodynamics, and actuator dynamics modeling.

Build post-processing and analysis tooling in MATLAB, Python, and related environments.

Develop, extend, and maintain a closed loop 6DOF flight simulation written in C/C++.

Develop and integrate subsystem models spanning flight dynamics, control actuation system, motor, gimbal, seeker, guidance, navigation, and control.

Integrate and test flight software in the loop, supporting software-in-the-loop (SIL) and hardware-in-the-loop (HIL) configurations.

Plan and execute trade studies, sensitivity sweeps, and Monte Carlo analyses to assess performance drivers and margins.

Generate clear and concise technical results, briefings, and documentation for internal teams and external customers.

Collaborate with GNC (guidance and control), seeker, propulsion, and software engineers to validate models against test and flight data.

Other responsibilities as assigned.

Minimum Qualifications & Education Requirements and Desired Skillsets

Bachelor of Science Degree in Aerospace, Electrical, Mechanical, or related engineering field from an accredited institution.

Demonstrated experience developing 6DOF or equivalent flight dynamics simulations.

Proficiency in C/C++ for simulation development.

Proficiency in MATLAB and/or Python for analysis, visualization, and automation.

Working knowledge of GNC fundamentals: rigid body dynamics, coordinate frames, equations of motion, and control loops.

Experience modeling RF seekers, radar, or other sensor performance.

Experience with gimbaled seeker kinematics, line-of-sight rates, and pointing and tracking algorithms.

Familiarity with missile or tactical weapon system design and requirements flow down.

Experience with SIL and HIL integration, real-time execution, and timing constraints.

Experience with Monte Carlo methods, statistical performance assessment, and sensitivity analysis.

Experience with version control systems (e.g., Git).

U.S. Citizenship with Active Secret Security clearance and ability to maintain the designated security clearance level is required.

Physical Description

Employees in these positions will function in a general office/cubicle setting environment, and laboratory/testing setting using standard office equipment and various electronic testing equipment, including a computer, telephone, printers, video equipment, computer software, and testing equipment. Will interact in a general office setting environment with various personnel; participate in meetings and contribute to team success; deliver timely results and produce reports; receive and communicate information; may include telework. May function in a specialized laboratory/testing environment using electronic testing equipment, computer software, and complex systems. May move and test equipment of various weights. Laboratory environment may require use of protective equipment (PPE) including but not limited to safety glasses and protective hearing and footwear. May be expected to work varying shifts and hours to ensure successful operation of activities in the organization due to business demands; travel occasionally for assigned work.

About SimTech, Inc.

SimTech's mission is to be the most reliable and cost-effective provider of Signature Models, Simulations, Hardware, Software, Cyber solutions, and Test & Evaluation services. Established in 1983 by a team of experienced scientists and engineers, SimTech has a long history of delivering high-technology defense-oriented solutions.

The company has been recognized as a "Best Place to Work" in 2020 and 2021, and as a "Best Place for Working Parents" in 2022-2026 by the Huntsville/Madison County Chamber of Commerce.

SimTech offers an industry-leading comprehensive compensation and benefits package. Be a part of over 43+ years of excellence-join our team today!

To learn more about our exceptional team and employee benefits, contact SimTech HR or visit www.simtechinc.com for more information.

Equal Employment Opportunity and Affirmative Action Employer

SimTech, Inc. is an Equal Opportunity/Affirmative Action Employer. SimTech, Inc. is a committed EOE/Vet/Disabled employer.

Simulation Technologies, Inc. (SimTech) is an Equal Employment Opportunity employer and provides reasonable accommodation for qualified individuals with disabilities and disabled veterans in its job application procedures. If you have any difficulty using our online system and you need an accommodation due to a disability, you may use the following email address, HR@simtechinc.com and/or phone number (256.428.2910) to contact us about your interest in employment with SimTech.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, citizenship, ancestry, marital status, protected veteran status, disability status or any other status protected by federal, state, or local law. SimTech participates in E-Verify.