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Internship Probabilistic Risk Assessment Jobs in Texas

WSP

Senior Risk Manager

Houston, TX · On-site

Conduct quantitative cost and schedule risk analysis (QCRA/QSRA) using probabilistic and simulation ... Prepare economic risk assessments, forecasts, and scenario analyses to support project managers ...

WSP

Senior Risk Manager

Houston, TX · On-site

Conduct quantitative cost and schedule risk analysis (QCRA/QSRA) using probabilistic and simulation ... Prepare economic risk assessments, forecasts, and scenario analyses to support project managers ...

Ercot

Power Systems Modeling Engineer

Austin, TX · On-site

Familiarity with risk assessment techniques using scenario analysis and probabilistic modeling methods such as Monte Carlo simulation * Programming languages: Python, SQL, Visual Basic for ...

Last Energy

Licensing Manager

Austin, TX · On-site

... probabilistic safety analysis (PSA), and licensing roadmap progress. This role will work with ... Knowledge of safety analysis, risk assessment, or safety modeling * Strong written and verbal ...

Last Energy

Licensing Manager

Austin, TX · On-site

... probabilistic safety analysis (PSA), and licensing roadmap progress. This role will work with ... Knowledge of safety analysis, risk assessment, or safety modeling * Strong written and verbal ...

Repsol

Project Risk Control Manager

Houston, TX · Hybrid

... probabilistic cost and schedule risk analysis, robust understanding of EPC execution, and the ... Project Risk Identification & Assessment: * Partner with PMs and technical leads to define and ...

Last Energy

Licensing Associate

Austin, TX

Strong analytical skills with exposure to probabilistic safety analysis or quantitative risk assessment preferred * Excellent organizational and written communication skills * Disciplined and detail ...

Last Energy

Licensing Associate

Austin, TX · On-site

Strong analytical skills with exposure to probabilistic safety analysis or quantitative risk assessment preferred * Excellent organizational and written communication skills * Disciplined and detail ...

Last Energy

Licensing Associate

Austin, TX

Strong analytical skills with exposure to probabilistic safety analysis or quantitative risk assessment preferred * Excellent organizational and written communication skills * Disciplined and detail ...

Last Energy

Licensing Manager

Austin, TX

... probabilistic safety analysis (PSA), and licensing roadmap progress. This role will work with ... Knowledge of safety analysis, risk assessment, or safety modeling * Strong written and verbal ...

Chord Energy

Geologist

Houston, TX · On-site

... risk assessment & mitigation, probabilistic hydrocarbon estimates, & the reservoir impact of ... and gas (internships or academic research in relevant areas count) * Familiarity with ...

Chord Energy

Geologist

Houston, TX · On-site

... risk assessment & mitigation, probabilistic hydrocarbon estimates, & the reservoir impact of ... and gas (internships or academic research in relevant areas count) * Familiarity with ...

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Internship Probabilistic Risk Assessment information

What is the difference between Internship Probabilistic Risk Assessment vs Probabilistic Risk Assessment?

AspectInternship Probabilistic Risk AssessmentProbabilistic Risk Assessment
CredentialsTypically students or entry-level professionals with basic knowledgeProfessionals with specialized certifications or advanced degrees
Work EnvironmentInternship settings, training programs, or entry-level projectsFull-time roles in engineering, safety, or risk analysis teams
Industry UsageEducational and training purposes, entry-level exposureOperational risk assessments in industries like nuclear, oil & gas, or aerospace

Internship Probabilistic Risk Assessment is an entry-level, training-focused role for students or new professionals, often part-time or temporary. Probabilistic Risk Assessment is a professional, full-time role involving detailed risk analysis in high-stakes industries. The internship provides foundational experience, while the full role involves advanced analysis and decision-making.

What is an Internship in Probabilistic Risk Assessment?

An Internship in Probabilistic Risk Assessment (PRA) is a temporary position where students or recent graduates gain hands-on experience analyzing and quantifying risks associated with complex systems, often in industries like nuclear energy, aerospace, or engineering. Interns typically assist in developing mathematical models, performing simulations, and interpreting data to identify potential hazards and their likelihood. This role helps interns build practical skills in risk analysis, data interpretation, and technical communication under the guidance of experienced professionals.

What are some typical projects or tasks an intern in Probabilistic Risk Assessment can expect to work on?

As an intern in Probabilistic Risk Assessment, you can expect to be involved in tasks such as data collection and analysis, developing risk models, and assisting senior analysts in evaluating the likelihood and impact of various risk scenarios. You may also help prepare reports or presentations that communicate risk findings to other teams. Collaboration with engineers, data scientists, and subject matter experts is common, as risk assessment often draws on diverse expertise to ensure accurate modeling and interpretation. This hands-on experience provides valuable insight into both the technical and communicative aspects of risk assessment in a professional setting.

What are the key skills and qualifications needed to thrive as an Internship Probabilistic Risk Assessment, and why are they important?

To thrive as an Internship Probabilistic Risk Assessment, you need a solid background in mathematics, statistics, and engineering principles, often supported by coursework in risk analysis or reliability engineering. Familiarity with risk assessment software (such as SAPHIRE, RiskSpectrum, or CAFTA), statistical programming languages like Python or R, and relevant data analysis tools is typically expected. Strong analytical thinking, attention to detail, and effective communication help interns interpret complex data and convey findings clearly to multidisciplinary teams. These skills are essential for accurately identifying potential risks and contributing to safety and decision-making processes in technical industries.
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Internship Probabilistic Risk Assessment jobs near you
Senior Risk Manager

Senior Risk Manager

WSP

Houston, TX • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 7 days ago

WSP rating

8.5

Company rating: 8.5 out of 10

Based on 67 frontline employees who took The Breakroom Quiz

15th of 58 rated business consultants

Job description


This Opportunity
WSP is seeking a Senior Risk Manager to join our Project Controls group in Houston, TX.
Your Impact
  • Act as the risk management subject matter expert on assigned project, program, portfolio being accountable for the risk management performance on assigned commissions.
  • Develop effective risk management framework / strategy.
  • Plan, design, and implement risk management processes tailored to the client's needs and aligned with best practice (e.g., AACE International, Project Management Institute, ISO 31000).
  • Facilitate structured discussions and workshops to elicit assumptions, quantify uncertainty, and validate economic risk drivers with technical and project stakeholders.
  • Develop and maintain project and/or program risk registers with input from project and client team members.
  • Develop and maintain quantitative economic risk models to evaluate the probability and impact of alternative project outcomes, including downside and upside scenarios.
  • Conduct quantitative cost and schedule risk analysis (QCRA/QSRA) using probabilistic and simulation based methods to evaluate forecast uncertainty and outcome distributions.
  • Analyze economic drivers of project risk, including market conditions, labor and commodity trends, productivity assumptions, and systemic risk factors.
  • Prepare economic risk assessments, forecasts, and scenario analyses to support project managers, executives, and clients in strategic decision making.
  • Advise project leadership on risk adjusted contingency and schedule reserve ranges based on quantitative economic analysis.
  • Prepare project and/or program risk reports as required.
  • Support project teams in developing and implementing appropriate internal and external response plans for critical risks.
  • Work with project teams to determine appropriate contingency and schedule reserve amounts.
  • Provide training to junior risk managers and other staff as required.
  • Strong attention to detail while maintaining a big-picture point of view.
  • Ability to manage challenging behaviors and maintain effective working relationships based on diplomacy while maintaining independence and not swayed in judgment or course of actions.
  • Demonstrate strong organizational, analytical, and multi-tasking skills (i.e., ability to handle multiple projects simultaneously).
  • Performs other duties as assigned.
  • Travel as required

Who You Are
Required Qualifications:
  • Bachelor's degree in Engineering, Construction Management, Economics, Finance, or relevant field
  • 10 years of experience in risk management; construction management; project management; and/or contract or change management
  • Knowledge of general risk management and project control standards and frameworks, (e.g., AACE International, APM, IRM, Project Management Institute, ISO 31000).
  • Experience in facilitating quantitative risk analysis (QRA) workshops on cost and schedule.
  • Experience in conceptualizing and developing risk models using analytical methods.
  • Working knowledge of cost risk analysis software (@Risk, Acumen Risk, Crystal Ball etc.) and schedule risk analysis software (OPC, Primavera Risk Analysis, etc.).
  • Experienced in development and management of diverse teams.
  • Experience in preparing risk reports and documentation
  • Proven track record of upholding workplace safety and ability to abide by WSP's health, safety and drug/alcohol and harassment policies
  • Exercise responsible and ethical decision-making regarding company funds, resources and conduct and adhere to WSP's Code of Conduct and related policies and procedures

Preferred Qualifications:
  • Engineering / Economics / Project Controls Management background.
  • Experience in multiple sectors (e.g., transportation, energy, aviation etc.) and familiar with project/program delivery processes.
  • PMP, PMI-RMP or other certification
  • Experience in effectively reporting and communicating risk analysis outcomes to wider project team.
  • Experience in Strategic and / or Enterprise Risk Management is a plus
  • Experience in FTA funded programs
  • Knowledge and understanding of Federal, state, and local transportation administration regulations and policies
  • Practical Knowledge of Power BI and other reporting suite tools.
  • Commercial acumen in relation to business development
  • Knowledge of planning tools (e.g., P6, MS Project)

#LI-MP1
About Us
About WSP
WSP USA is the U.S. operating company of WSP, one of the world's leading engineering and professional services firms. Dedicated to serving local communities, we are engineers, planners, technical experts, strategic advisors and construction management professionals. WSP USA designs lasting solutions in the buildings, transportation, energy, water and environment markets. With more than 15,000 employees in over 300 offices across the U.S., we partner with our clients to help communities prosper.
www.wsp.com
WSP provides a flexible and agile workplace model while meeting client needs. Employees are also afforded a comprehensive suite of benefits including medical, dental, vision, disability, life, and retirement savings focused on providing health and financial stability throughout the employee's career.
At WSP, we want to give our employees the challenges they seek to grow their careers and knowledge base. Your daily contributions to your team will be essential in meeting client objectives, goals and challenges. Are you ready to get started?
WSP USA (and all of its U.S. companies) is an Equal Opportunity Employer Race/Age/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Disability or Protected Veteran Status.
The selected candidate must be authorized to work in the United States.
NOTICE TO THIRD PARTY AGENCIES:
WSP does not accept unsolicited resumes from recruiters, employment agencies, or other staffing services. Unsolicited resumes include any resume or hiring document sent to WSP in the absence of a signed Service Agreement where WSP has expressly requested recruitment/staffing services specific to the position at hand. Any unsolicited resumes, including those submitted to hiring managers or other business leaders, will become the property of WSP and WSP will have the right to hire that candidate without reservation - no fee or other compensation will be owed or paid to the recruiter, employment agency, or other staffing service.

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