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Probabilistic Risk Analysis Engineer Jobs in Raleigh, NC

You will support project teams and leadership by identifying, analyzing, and mitigating risks while ... Bachelor's degree in Engineering, Construction Management, or related field (Master's preferred ...

We're looking for a Credit Risk Analyst in Raleigh, NC to join us in fulfilling our mission, while ... Proficiency in data manipulation and analysis in a programming language such as Python or R

We're looking for a Credit Risk Analyst in Raleigh, NC to join us in fulfilling our mission, while ... Proficiency in data manipulation and analysis in a programming language such as Python or R

We're looking for a Credit Risk Analyst in Raleigh, NC to join us in fulfilling our mission, while ... Proficiency in data manipulation and analysis in a programming language such as Python or R

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Probabilistic Risk Analysis Engineer information

See Raleigh, NC salary details

$36.9K

$112.6K

$186.2K

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

As of Jun 12, 2026, the average yearly pay for probabilistic risk analysis engineer in Raleigh, NC is $112,630.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,700.00 and $147,300.00 per year, depending on experience, location, and employer.

What is a Probabilistic Risk Analysis Engineer job?

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 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 key skills and qualifications needed to thrive in the Probabilistic Risk Analysis Engineer position, and why are they important?

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 popular job titles related to Probabilistic Risk Analysis Engineer jobs in Raleigh, NC? For Probabilistic Risk Analysis Engineer jobs in Raleigh, NC, the most frequently searched job titles are:
What job categories do people searching Probabilistic Risk Analysis Engineer jobs in Raleigh, NC look for? The top searched job categories for Probabilistic Risk Analysis Engineer jobs in Raleigh, NC are:
Infographic showing various Probabilistic Risk Analysis Engineer job openings in Raleigh, NC as of June 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Remote job distribution, with an average salary of $112,630 per year, or $54.1 per hour.

Other

Medical, Dental, Vision, Retirement, PTO

Posted 27 days ago


Job description

Who we are:

At MIGSO-PCUBED, our mission is to support delivery of our clients’ most important projects and programs. We take pride in delivering world-class project, program, and portfolio management expertise and services to clients in every industry. We are specialists in helping businesses react faster, hit their targets, and maximize value within their project environment. In over 30 years of business, we’ve helped some of the world’s largest companies achieve their most complex goals.


We are looking for an experienced and passionate Project Risk Manager / Project Risk Controller to join our team and support a diverse range of capital projects within highly regulated industries. This position will be in Zebulon , NC. We are flexible with providing travel accommodations for candidates who need it.


What you'll do:

As an MIGSO-PCUBED Project Risk Manager, you will play a critical role in driving robust risk management practices across complex capital projects. You will support project teams and leadership by identifying, analyzing, and mitigating risks while ensuring alignment with organizational strategies and regulatory requirements.

Working closely with cross-functional teams and stakeholders, you will act as a trusted advisor, enabling informed decision-making and strengthening project delivery through proactive risk management.

As an MP Consultant, you will have the opportunity to:

  • Work across diverse industries including pharmaceuticals, manufacturing, and infrastructure
  • Support large-scale, complex capital projects throughout the full project lifecycle
  • Partner with project teams and leadership to drive risk-informed decision making
  • Contribute to continuous improvement initiatives within Project Controls and Risk Management frameworks
  • Develop strong client relationships while expanding MP’s footprint across engagements

Your responsibilities will include:

Project Risk Management & Delivery

  • Lead and support the identification, assessment, and mitigation of risks across project lifecycles
  • Facilitate risk workshops and engage stakeholders to proactively identify project risks (technical, commercial, operational, and external)
  • Develop and maintain risk registers using tools such as 12C and other risk management systems
  • Conduct qualitative and quantitative risk analysis, including Monte Carlo simulations
  • Support the development and implementation of risk response and contingency plans
  • Continuously monitor, update, and report on project risks, ensuring transparency and alignment with stakeholders

Project Controls & Lifecycle Accountability

  • Ensure effective Project Controls setup and assurance across all project phases (concept through handover)
  • Support Project Management Framework (PMF) requirements including health checks, peer reviews, and independent project reviews
  • Drive “management by exception” analysis to support performance monitoring and course correction
  • Contribute to Supply Chain Review Board (SCRB) reporting and governance requirements

Stakeholder Engagement & Communication

  • Build strong relationships with project teams, risk owners, contractors, and senior stakeholders
  • Present risk insights, reports, and recommendations clearly and effectively
  • Act as a point of contact for all risk-related matters across projects
  • Facilitate communication between technical teams, leadership, and external partners

Strategic Risk & Continuous Improvement

  • Support and drive enterprise-level risk management strategies and initiatives
  • Identify opportunities to improve risk management processes, tools, and methodologies
  • Promote a risk-aware culture across project teams and organizations
  • Capture lessons learned and implement best practices across future projects

Compliance & Governance

  • Ensure adherence to regulatory and industry standards, including Good Manufacturing Practices (GMP)
  • Align risk management practices with quality systems and compliance requirements
  • Stay informed on evolving regulations and industry standards impacting project risks


What we’re looking for:

  • Bachelor’s degree in Engineering, Construction Management, or related field (Master’s preferred)
  • 8–15+ years of experience in Project Controls, Risk Management, or Capital Project Delivery
  • Strong expertise in Project Risk Management fundamentals and methodologies
  • Experience with quantitative risk analysis tools
  • Deep understanding of project scheduling, cost management, and project execution planning
  • Proven experience working across full project lifecycles in complex environments
  • Strong knowledge of Monte Carlo analysis and 3-point estimation techniques
  • Familiarity with Project Management Frameworks (PMF) and capital project governance
  • Experience in regulated industries (e.g., pharmaceuticals, life sciences, or manufacturing) preferred


Key Skills:

  • Strong analytical and problem-solving capabilities
  • Excellent communication and stakeholder management skills
  • Ability to influence decision-making and provide strategic recommendations
  • High level of accountability and ability to manage multiple priorities
  • Adaptability in fast-paced and evolving project environments
  • Leadership and mentoring capabilities


Benefits and Perks

MP offers comprehensive medical, dental, and vision coverage for you and your dependents. Additional benefits include:

  • Generous PTO and paid holidays
  • 401(k) with company match
  • Professional development and training opportunities
  • Career growth within a global consulting organization


Equal Opportunity Statement

MIGSO-PCUBED recognizes the civil right of every person to obtain and maintain employment without discrimination. We have a longstanding policy that no individual may be refused a job, discharged, or discriminated against in any way due to any protected characteristics established by local, state, and federal law. We are committed to equal employment opportunities in all aspects of employment.