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Probabilistic Risk Analysis Engineer Jobs (NOW HIRING)

SageSure

Catastrophe Risk Analyst

Chicago, IL · On-site

Conduct claims analysis, event response, and post-event analytics. * Support the integration of ... Familiarity with stochastic simulation, probabilistic risk modeling, and quantitative methods.

X Energy LLC

Engineer IV, Safety Analysis & V&V

Rockville, MD · On-site

$79K - $104K/yr

The Safety Analysis Engineer performs and oversees thermo-hydraulic safety analysis work supporting ... Support probabilistic risk assessment (PRA) activities by providing deterministic thermo-hydraulic ...

X Energy LLC

Engineer IV, Safety Analysis & V&V

Rockville, MD · On-site +1

$79K - $104K/yr

The Safety Analysis Engineer performs and oversees thermo-hydraulic safety analysis work supporting ... Support probabilistic risk assessment (PRA) activities by providing deterministic thermo-hydraulic ...

SageSure

Senior Catastrophe Risk Analyst

Chicago, IL · On-site

Conduct claims analysis, event response, and post-event analytics. * Support integration of climate ... Familiarity with stochastic simulation, probabilistic risk modeling, and related statistical ...

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

As of Jul 11, 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 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.

More about Probabilistic Risk Analysis Engineer jobs
What cities are hiring for Probabilistic Risk Analysis Engineer jobs? Cities with the most Probabilistic Risk Analysis Engineer job openings:
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Probabilistic Risk Analysis Engineer jobs near you
Infographic showing various Probabilistic Risk Analysis Engineer job openings in the United States as of July 2026, with employment types broken down into 87% Full Time, 11% Part Time, and 2% Contract. Highlights an 83% Physical, 3% Hybrid, and 14% Remote job distribution, with an average salary of $115,864 per year, or $55.7 per hour.

Construction Field Change & Risk Lead

PMA Consultants Careers

Boise, ID • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 6 days ago

Job description

Position Summary

The Field Change & Risk Lead plays a critical role in supporting change management, risk analysis, and commercial project controls across large-scale capital projects and mega-project programs. This position is responsible for evaluating project risks, analyzing change impacts, validating contractor change proposals, and supporting data-driven decision-making related to cost, schedule, forecasting, and contingency management.

Working closely with project controls, cost, scheduling, engineering, and project management teams, the Field Change & Risk Lead supports the development and maintenance of risk registers, change management processes, quantitative and qualitative risk assessments, and project forecasting models. This role is heavily focused on identifying potential project threats and opportunities, mitigating commercial exposure, and ensuring alignment between approved project baselines, contractor performance, and project controls standards.

The ideal candidate possesses strong experience supporting industrial, semiconductor, energy, or EPC mega-project environments, with expertise in risk management, change control, cost engineering, forecasting, schedule impact analysis, and integrated project controls delivery.

Note: This opportunity is available at multiple levels. Final placement will be determined based on the selected candidate's experience, skills, and alignment with business needs. We are committed to providing fair and equitable consideration for all applicants.

Organizational Responsibilities
  • Lead and support project change management and risk management processes across large-scale capital programs and mega-project environments.
  • Develop, maintain, and analyze risk registers, risk models, and forecasting tools to support proactive project controls and decision-making.
  • Perform qualitative and quantitative risk assessments, including probabilistic modeling, schedule risk analysis, Monte Carlo simulations, and what-if scenario analysis.
  • Evaluate project risks, contractor change proposals, variation orders, potential change orders, and commercial impacts related to cost, schedule, and execution performance.
  • Support the implementation and governance of project change control processes, ensuring alignment between approved baselines, project controls standards, and contractual requirements.
  • Review contractor cost and schedule impacts, validate supporting documentation, and assist in the evaluation of contingency usage, forecasting, and Estimate at Completion (EAC) impacts.
  • Collaborate closely with project controls, schedulers, cost engineers, project managers, and cross-functional stakeholders to integrate risk management activities with project schedules, cost forecasts, and reporting systems.
  • Monitor risk mitigation efforts, trend analysis, and corrective actions to support schedule reliability, cost accuracy, and project performance objectives.
  • Support executive reporting related to project risks, forecasting, change impacts, and mitigation strategies.
  • Participate in risk workshops, stakeholder reviews, contractor meetings, and project controls governance activities.
  • Review contract documents and project requirements to support risk identification, change management, and commercial controls processes.
  • Support continuous improvement initiatives related to project controls, forecasting, risk management methodologies, and reporting standards.
Qualifications
  • Bachelor's degree in Engineering, Construction Management, Quantity Surveying, Business, Economics, Mathematics, Statistics, or a related field required.
  • Minimum 10 years of experience in risk management, project controls, cost engineering, change management, or related analytical functions supporting large-scale capital projects.
  • Experience supporting semiconductor, industrial, energy, oil & gas, EPC, or mega-project environments strongly preferred.
  • Strong knowledge of change management processes, risk management methodologies, forecasting, cost engineering, and integrated project controls delivery.
  • Experience performing schedule risk analysis, probabilistic modeling, Monte Carlo simulations, and quantitative risk assessments.
  • Proficiency with risk management and project controls software platforms such as Primavera Risk Analysis, Safran Risk, @Risk, Primavera P6, and related reporting tools.
  • Strong analytical, communication, and stakeholder management skills with the ability to evaluate complex project risks and communicate findings effectively to project teams and leadership.
  • Experience supporting contractor oversight, forecasting, contingency management, and commercial project controls processes within complex matrix organizations preferred.
Location and Commitments
  • Overtime work may be required occasionally to ensure certain deliverables are completed on time.
  • Weekend work is rare but occasionally may be necessary.
Physical Requirements & Working Conditions
An employee must meet the physical demands described here to perform the essential functions of this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. Please note that physical requirements may vary based on client needs.
  • Prolonged periods sitting at a desk and working on a computer.
  • The person in this position needs to occasionally move about inside the office environment including the use of stairs.
  • Ability to adjust focus, especially due to concentration on a computer screen.
  • Must communicate frequently with other departments and employees both verbally and in writing.
  • May need to lift and carry up to 15 pounds and/or position the body to reach items on the floor/below knee level or overhead.
About PMA
At PMA, employee well-being is a daily priority. We offer a combination of workplace options that include a PMA office location; work-from-home; or a client site. Wherever we work, we openly share knowledge as we believe that collaboration with peers improves our work product and that pursuing subject matter expertise is a lifelong endeavor.  
 
We are committed to a culture of equity, diversity, and inclusion. We affirm and respect diverse backgrounds and opinions because we believe they yield the best solutions for our clients. We promote emotional intelligence and trust by nurturing these values within our new hires.  
 
We encourage staff to develop rewarding, long-term careers at PMA, and we implement formal leadership development programs that help you attain your goals. At PMA, shared success is a core value. Every employee who contributes is recognized, celebrated, and rewarded. We look for self-driven candidates eager to assume responsibility and join a community of respect founded on collaboration and accountability, not titles. If you aim to transform the project management practice toward continuous improvement of project outcomes, the profession, and yourself, PMA looks forward to warmly welcoming you to our team.  
 
We offer competitive pay and benefits, wellness programs for you and your family, and career development opportunities to advance your professional goals.  
 
As a PMA professional, you will be empowered to make timely and effective decisions and significant daily contributions to complex facets of project delivery. Join a team that has achieved a world-class reputation in the construction industry and has been voted a "Best Place to Work." 
 
PMA offers competitive wages and comprehensive benefits, including medical, prescription, dental, vision, time off with pay, 401(k) with company match, life, disability, and professional development reimbursement for qualifying employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, gender identity, or gender expression), disability, national origin, or any other characteristic protected by applicable laws, regulations, and ordinances. Qualified female and minority applicants are encouraged to apply.
 
EOE, including persons with disabilities and veterans.
 
VEVRAA federal contractor.
 
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