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Probabilistic Risk Analysis Engineer Jobs (NOW HIRING)

Probabilistic Safety Analysis (PSA) Engineer I / II / III - Contract Location: Richland, WA (Onsite ... This role involves performing Probabilistic Risk Assessments (PRA/PSA) , developing and reviewing ...

Reliability Engineer

Long Beach, CA

$107K - $135K/yr

... probabilistic risk analysis * Experience with performing reliability analyses including Failure ... Ability to read and interpret engineering drawings, fluid schematics, and electrical circuit ...

Senior Risk & Compliance Engineer - Data

OR · On-site +1

$105K - $143K/yr

This is an engineering role with a data science expertise needed. You'll write production-level ... Develop probabilistic risk models that express security exposure as probability distributions ...

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Probabilistic Risk Analysis Engineer information

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

As of Aug 22, 2026, the average yearly pay for 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 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.

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Infographic showing various Probabilistic Risk Analysis Engineer job openings in the United States as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, and 3% Contract. Highlights an 81% Physical, 5% Hybrid, and 14% Remote job distribution, with an average salary of $115,864 per year, or $55.7 per hour.

Safety Analysis Engineer- Level I, II, or III

Cross Resource Group

Richland, WA • On-site

$45 - $68/hr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 23 days ago


Job description

Probabilistic Safety Analysis (PSA) Engineer I / II / III – New Nuclear (Contract)

Location: Richland, WA (Onsite)

Schedule: 4x10 (Mon–Thurs)

Duration: 12 months

Openings: 1 (level determined based on experience)

Pay:

  • Level I: $45.00–$52.00/hr
  • Level II: $50.00–$61.80/hr
  • Level III: $58.00–$68.00/hr

Overview

A leading nuclear energy organization is seeking a Probabilistic Safety Analysis (PSA) Engineer to support new nuclear development initiatives.

This role supports advanced reactor design, licensing, and construction activities. You will work on complex probabilistic risk assessments, design reviews, and regulatory compliance efforts tied to next-generation nuclear technologies.

Only 1 hire will be made. Level (I, II, or III) will be determined based on experience.

What You’ll Do

  • Perform probabilistic safety and risk assessments (PRA/PSA)- HUGE PRIORITY
  • Support advanced reactor design and development efforts
  • Participate in design reviews and construction oversight
  • Assist with licensing and construction permit activities
  • Interpret and apply NRC regulations, NEI guidance, and EPRI standards
  • Develop and review risk models, hazard analyses, and event sequences
  • Provide input on project schedules and engineering deliverables
  • Identify design or operational risks and recommend corrective actions
  • Support Owner’s Engineer activities and design/build projects


Level Breakdown

Level I – Entry / Early Career

Pay: $45.00–$52.00/hr

Experience:

  • Bachelor’s degree in Engineering
  • 1+ year of engineering experience

What they’re doing:

  • Supporting PSA/PRA analysis under guidance
  • Assisting with model development and data analysis
  • Learning regulatory frameworks (NRC, NEI, EPRI)
  • Contributing to design reviews and documentation

Profile:

  • Strong fundamentals in engineering and analysis
  • Exposure to nuclear, energy, or heavy industrial environments
  • Coachable and able to learn complex systems quickly


Level II – Mid-Level Engineer

Pay: $50.00–$61.80/hr

Experience:

  • Bachelor’s degree in Engineering
  • 3+ years of relevant engineering experience

What they’re doing:

  • Independently performing PSA/PRA analyses
  • Supporting licensing and regulatory activities
  • Contributing to construction and design oversight
  • Interpreting standards and applying them to real-world systems

Profile:

  • Hands-on PRA or risk analysis experience
  • Comfortable working with minimal supervision
  • Strong understanding of engineering codes and standards


Level III – Senior / Lead Engineer

Pay: $58.00–$68.00/hr

Experience:

  • Bachelor’s degree in Engineering + 7+ years experience
  • OR
  • PE license + 8+ years experience

What they’re doing:

  • Leading complex PSA/PRA efforts
  • Providing technical direction and mentorship
  • Advising on advanced reactor design and regulatory strategy
  • Developing new processes, procedures, and methodologies
  • Solving highly complex, non-standard engineering problems

Profile:

  • Deep expertise in PRA/PSA methodologies
  • Experience with advanced reactor technologies or large nuclear projects
  • Strong leadership and decision-making ability

Required / Desired Skills (All Levels)

  • Probabilistic Risk Assessment (PRA) / Probabilistic Safety Analysis (PSA)
  • Knowledge of ASME/ANS PRA standards (RA-S-1.4)
  • Event sequence analysis, initiating events, uncertainty analysis
  • Understanding of transient and accident analysis
  • Familiarity with:
  • NRC regulations
  • NEI guidance (including NEI 18-04)
  • EPRI standards
  • Experience with:
  • Seismic PRA
  • Fire PRA
  • Ability to interpret PSA models and results

Work Environment

  • Onsite in Richland, WA
  • 4-day work week (10-hour days)
  • No per diem
  • U.S. Citizenship required
  • No on-call requirement

Benefits (Contractor)

  • Medical, dental, and vision coverage
  • 401(k) eligibility after 12 months
  • State-compliant paid sick leave

Washington Sick Leave (Richland, WA):

  • Minimum 1 hour of paid sick leave per 40 hours worked
  • Typically equates to ~6–9 days per year depending on hours worked