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Probabilistic Risk Analysis Engineer Jobs (NOW HIRING)

Holtec International

PSA Engineer I

Camden, NJ · On-site

$115K - $140K/yr

The Probabilistic Safety Analysis (PSA) Engineer I will support the development and application of ... Familiarity with probabilistic risk assessment and/or thermal-hydraulic analysis methods for light ...

Holtec

PSA Engineer I

Camden, NJ · On-site

$115K - $140K/yr

The Probabilistic Safety Analysis (PSA) Engineer I will support the development and application of ... Familiarity with probabilistic risk assessment and/or thermal-hydraulic analysis methods for light ...

Vast

Reliability Engineer

Long Beach, CA · On-site

$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 ...

Boyd Corporation

$95K/yr

... probabilistic risk assessments. Engagement will be for near term and future R&D efforts. Key ... Perform qualitative and quantitative risk analyses, including Fault Tree Analysis (FTA), Failure ...

Luster National

Cost Analyst (w/Risk Focus)

Sacramento, CA · On-site

$43 - $60/hr

... probabilistic risk outputs using established program methodologies. * Integrate risk analysis ... Bachelor's degree in engineering, construction management, finance, business, or related field, or ...

Instacart

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

As of Sep 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?

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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Probabilistic Risk Analysis Engineer jobs near you
Infographic showing various Probabilistic Risk Analysis Engineer job openings in the United States as of September 2026, with employment types broken down into 1% Internship, 85% Full Time, 12% Part Time, and 2% Contract. Highlights an 81% Physical, 4% Hybrid, and 15% Remote job distribution, with an average salary of $115,864 per year, or $55.7 per hour.

Senior Engineer, Probabilistic Risk Assessments - Remote Based

Cranberry Township, PA • On-site, Remote

Westinghouse Electric Company, LLC
See more jobs at Westinghouse Electric Company, LLCexternal

$85K - $106K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 22 days ago

Job description

Are you interested in being part of an innovative team that supports Westinghouse's mission to provide clean energy solutions? At Westinghouse, we recognize that our employees are our most valuable asset and we seek to identify, attract and recruit the most qualified talent while recognizing and encouraging the value of diversity in the global workplace.
About the role:
If this sounds like an environment you would excel in, we have an exciting opportunity for a Senior Engineer in our Risk Analysis team. This is a US-based remote opportunity.
You will report to the Senior Manager, Risk Analysis and this will be a remote based role.
Key Responsibilities:
  • Perform Probabilistic Risk Assessments (PRA) for complex nuclear power plant systems; evaluating a plant's potential vulnerability to all risk and hazard types (i.e., seismic, fire, flooding, etc.). Assessments may support both domestic and international operating plants, as well as new reactors still in the design phase.
  • Lead and support global project teams by contributing to technical scope execution in various roles (author, mentor, verifier), as well as meeting schedule and financial objectives.
  • Present technical topics and interface with global customers and regulatory bodies.
  • Support and identify strategic initiatives, develop product offerings, and pursue target product markets.
  • Mentor early-career engineers on PRA fundamentals.

Qualifications:
  • Bachelor's degree in Engineering required.
  • Minimum 5 years of experience with PRA Model development applied to nuclear plants required.
  • Advanced degree, Professional Engineer, or EIT license considered a plus.
  • Knowledge of PWR reactor operations.
  • In addition to basic Risk and Hazard skills, you should have a knowledge of:
    • Internal/External Hazards PRAs
    • Level 2 PRAs
    • Human Reliability Analysis (HRA)
    • Emergency Operating Procedures (EOPs)
  • Working knowledge of PRA software (CAFTA, RiskSpectrum)
  • Peer Review experience considered a plus.

We are committed to transparency and equity in all of our people practices. The base salary range for this position, which is dependent upon experience, qualifications and skills, is estimated to be $85,200 to $106,500 per year.
#LI-Remote
Why Westinghouse?
Our benefits package is tailored to meet the diverse needs of our employees, while also promoting wellness and career growth. The following are representative of what we offer:
  • Comprehensive Medical benefits which could include medical, dental, vision, prescription coverage and Health Savings Account (HSA) with employer contributions options
  • Wellness Programs designed to support employees in maintaining their health and well-being including Employee Assistance Program providing support for our employees and their household members
  • 401(k) with Company Match Contributions to support employees' retirement
  • Paid Vacations and Company Holidays
  • Opportunities for Flexible Work Arrangements to promote work-life balance
  • Educational Reimbursement and Comprehensive Career Programs to help employees grow in their careers
  • Global Recognition and Service Programs to celebrate employee accomplishments and service
  • Employee Referral Program

Westinghouse Electric Company is the global nuclear energy industry's first choice for safe, clean, and efficient energy solutions. We enable our delivery of this vision by living our value system:
  • Safety and Quality
  • Integrity and Trust
  • Customer Focus and Innovation
  • Speed and Passion to Win
  • Teamwork and Accountability

While our Global Headquarters are located in Cranberry Township, PA, we have over 11,000 employees working at locations in 19 different countries. You can learn more by visiting http://www.westinghousenuclear.com.
Westinghouse is an Equal Opportunity Employer including Veterans and Individuals with Disabilities
Get connected with Westinghouse on social media: Twitter | Facebook | LinkedIn| YouTube
Employment opportunities may require access to information which is subject to the export control regulations of the United States. Hiring decisions for such positions are required by law to be made in compliance with these regulations. Applicants for employment opportunities in other countries must be able to meet the comparable export control requirements of that country and of the United States.

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