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Probabilistic Risk Analysis Engineer Jobs in Houston, TX

... provide risk analysis around complex transactions and portfolio positions, including power ... Bachelor's degree in a quantitative discipline like Finance, Business, Economics, Engineering, or ...

Proficiency in a programming language such as SQL, Python, and R * Understanding of VaR models and Statistical methods in the analysis of the Market Risk process in a trading environment * This ...

Proficiency in a programming language such as SQL, Python, and R * Understanding of VaR models and Statistical methods in the analysis of the Market Risk process in a trading environment * This ...

Proficiency in a programming language such as SQL, Python, and R * Understanding of VaR models and Statistical methods in the analysis of the Market Risk process in a trading environment * This ...

Proficiency in a programming language such as SQL, Python, and R * Understanding of VaR models and Statistical methods in the analysis of the Market Risk process in a trading environment * This ...

Senior Risk Engineer- Powergen

Houston, TX · On-site

$94K - $111K/yr

Analyze risk quality, identify loss drivers, and recommend mitigation strategies. * Support claims ... Experience in risk engineering, power generation, renewable energy, or a related technical field.

Cyber Risk Lead

Houston, TX · On-site

$180 - $210/hr

This senior individual contributor role sits at the intersection of risk management, statistical analysis, engineering, and governance. You'll own the cyber risk register, risk treatment, and ...

Cyber Risk Lead

Houston, TX · On-site

$180 - $210/hr

This senior individual contributor role sits at the intersection of risk management, statistical analysis, engineering, and governance. You'll own the cyber risk register, risk treatment, and ...

Propulsion Engineer US Citizen / Permanent Resident Aerospace/Spacecraft Experience Onsite in ... risk analysis, and system analysis of space hardware * Ability to prepare written documents and to ...

Provide look-back analyses on the various risk mitigation strategies to ensure hedge effectiveness ... Bachelor's degree in Finance, Accounting, Economics, Business Administration, Engineering ...

Director, Risk Management

Houston, TX · On-site

$180 - $280/hr

Provide look-back analyses on the various risk mitigation strategies to ensure hedge effectiveness ... Bachelor's degree in Finance, Accounting, Economics, Business Administration, Engineering ...

Showing results 21-40

Probabilistic Risk Analysis Engineer information

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How much do probabilistic risk analysis engineer jobs pay per year?

As of Aug 16, 2026, the average yearly pay for probabilistic risk analysis engineer in Houston, TX is $110,647.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,300.00 and $144,700.00 per year, depending on experience, location, and employer.

What is a probabilistic risk analysis engineer?

A Probabilistic Risk Analysis Engineer evaluates and quantifies risks in complex systems using statistical methods and mathematical models. They assess uncertainties, predict potential failures, and recommend mitigation strategies for industries such as aerospace, nuclear energy, and finance. Their work involves analyzing data, running simulations, and developing probabilistic models to improve safety, reliability, and decision-making.

What are the key skills and qualifications needed to thrive as a probabilistic risk analysis engineer?

To thrive as a Probabilistic Risk Analysis Engineer, you need a strong background in engineering, mathematics, and statistics, often supported by a relevant degree and experience in quantitative risk assessment. Familiarity with Monte Carlo simulation tools, reliability software (such as @RISK or ReliaSoft), and professional certifications like Professional Engineer (PE) or Certified Reliability Engineer (CRE) are highly valuable. Strong analytical thinking, attention to detail, and the ability to clearly communicate complex findings to diverse stakeholders are crucial soft skills. These competencies ensure accurate risk modeling and effective collaboration with multidisciplinary teams in high-stakes engineering projects.

What are common challenges faced by probabilistic risk analysis engineers, and how do they overcome them?

Probabilistic Risk Analysis Engineers often face the challenge of working with incomplete or uncertain data while needing to deliver precise risk assessments for critical systems. They overcome this by employing advanced statistical methods, sensitivity analyses, and by collaborating with subject matter experts across engineering, safety, and operations teams to refine models and assumptions. Clear communication is essential, as engineers must translate technical results into actionable insights for decision-makers. Staying current with industry standards and continuously improving modeling techniques also helps them address evolving project requirements. This dynamic environment supports ongoing skill development and offers opportunities for professional growth in reliability, safety, and systems engineering.

What are the most commonly searched types of Probabilistic Risk Analysis Engineer jobs in Houston, TX?

The most popular types of Probabilistic Risk Analysis Engineer jobs in Houston, TX are:

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For Probabilistic Risk Analysis Engineer jobs in Houston, TX, the most frequently searched job titles are:

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The top searched job categories for Probabilistic Risk Analysis Engineer jobs in Houston, TX are:

Infographic showing various Probabilistic Risk Analysis Engineer job openings in Houston, TX as of August 2026, with employment types broken down into 1% Internship, 86% Full Time, 10% Part Time, and 3% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $110,647 per year, or $53.2 per hour.

Risk Analyst, Power Product Control

NRG Energy

Houston, TX • Hybrid

Full-time

Re-posted 8 days ago


Job description

As an NRG employee, we encourage you to take charge of your career and development journey. We invite you to explore exciting opportunities across our businesses. You'll find that our dynamic work environment provides variety and challenge. Your growth is key to our ongoing success-take the lead in shaping your career development, goals and future!


 

Job Summary: 

NRG is looking for a Analyst to join its Power Product Control team. The successful candidate will possess a strong technical and data analytics background. The candidate must be adept at working independently as well as have strong collaborative capabilities to assist Commercial Operations, Supply, Finance, Accounting, and Customer Operations teams to adequately mitigate risk and preserve expected margins. This position will report to the Product Control Manager within the Power Product Control group and will be in our Houston, TX office.

Responsibilities:

  • Analyze, value, and provide risk analysis around complex transactions and portfolio positions, including power generation, load contracts, complex derivatives, hedging strategies, and trading assets
  • Develop and monitor position and P&L reports for NRG's energy portfolio
  • Mark and/or validate end-of-day curves in the risk system
  • Leverage problem solving and analytical skills along with new technologies to enhance and automate various risk processes
  • Collaborate effectively within the Risk team and with other departments on issues/projects
  • Support requests from NRG's internal and external auditors
  • Work closely with IT on risk system improvements and testing new enhancements

 

Working Conditions:

  • Hybrid work schedule, 4 days on site, 1 day remote (Friday)
  • Open office environment
  • Some overtime required as special projects arise
  • Minimal travel required, not likely to exceed 10%

 

Physical Requirements: 

  • Majority of work performed on a personal computer in a seated position

 

Minimum Requirements:

  • Bachelor's degree in a quantitative discipline like Finance, Business, Economics, Engineering, or Sciences

 

Additional Knowledge, Skills, and Abilities:

  • Strong analytical and critical thinking skills
  • Excellent written and verbal communication skills
  • Extensive experience with MS Excel
  • Attention to detail, diligent, and highly organized
  • Proven ability to manipulate and analyze large datasets
  • Knowledge of energy markets a plus; electricity, natural gas, renewables and/or oil markets
  • Understanding of common risk metrics and control methodologies within a commodity trading environment also a plus

NRG Energy is committed to a drug and alcohol-free workplace. To the extent permitted by law and any applicable collective bargaining agreement, employees are subject to periodic random drug testing, and post-accident and reasonable suspicion drug and alcohol testing. EOE AA M/F/Vet/Disability. Level, Title and/or Salary may be adjusted based on the applicant's experience or skills.

Official description on file with Talent.


NRG logo

About NRG

Sourced by ZipRecruiter

At NRG, we're bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to millions of customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, working towards a sustainable energy future. More information is available at www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy.

Industry

Oil and coal products manufacturing

Company size

5,001 - 10,000 Employees

Headquarters location

Houston, TX, US