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Probabilistic Risk Assessment Engineer Jobs in Indiana

Enterprises, financial institutions, and developers use Circle to power trusted, internet-scale ... The goal of this function is to partner closely with Product Managers to identify, assess ...

Enterprises, financial institutions, and developers use Circle to power trusted, internet-scale ... The goal of this function is to partner closely with Product Managers to identify, assess ...

Enterprises, financial institutions, and developers use Circle to power trusted, internet-scale ... The goal of this function is to partner closely with Product Managers to identify, assess ...

Sr. EHS Engineer, PSM

Jeffersonville, IN · On-site

$70K - $92K/yr

The Engineer, EHS position will play a critical role in ensuring safe and environmentally ... Facilitate workplace safety inspections, risk assessments, and chemical exposure monitoring.

Enterprises, financial institutions, and developers use Circle to power trusted, internet-scale ... The goal of this function is to partner closely with Product Managers to identify, assess ...

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Probabilistic Risk Assessment Engineer information

What are the key skills and qualifications needed to thrive as a Probabilistic Risk Assessment Engineer, and why are they important?

To thrive as a Probabilistic Risk Assessment Engineer, you need a solid background in mathematics, statistics, and engineering principles, generally supported by a degree in engineering or a related field. Familiarity with specialized software such as SAPHIRE, RiskSpectrum, or CAFTA, as well as industry-specific standards and certifications like ASME or NRC guidelines, is typically required. Strong analytical thinking, attention to detail, and effective communication skills are essential for interpreting complex data and presenting findings to diverse stakeholders. These skills and qualifications are crucial for accurately assessing risks, ensuring regulatory compliance, and supporting the safety and reliability of critical systems.

What is a Probabilistic Risk Assessment Engineer?

A Probabilistic Risk Assessment (PRA) Engineer is a professional who evaluates the likelihood and potential consequences of risks in complex systems, often in industries such as nuclear power, aerospace, or chemical processing. They use quantitative methods and statistical models to analyze possible failure scenarios and their impacts, helping organizations make informed decisions about safety and reliability. PRA Engineers play a crucial role in identifying vulnerabilities, recommending risk mitigation strategies, and ensuring compliance with regulatory standards. Their work helps minimize the chances of catastrophic failures and improves overall system safety.

How does a Probabilistic Risk Assessment Engineer typically collaborate with other engineering and safety teams during a project?

Probabilistic Risk Assessment Engineers frequently work in multidisciplinary teams, collaborating closely with safety engineers, systems engineers, and project managers to analyze and mitigate potential risks. They provide quantitative risk assessments that inform design decisions, operational procedures, and regulatory compliance efforts. Regular meetings and data-sharing sessions are common, ensuring that risk insights are integrated throughout the project lifecycle. This collaborative environment enables effective communication of complex risk scenarios and fosters a culture of safety and continuous improvement.

What is the difference between Probabilistic Risk Assessment Engineer vs Fault Tree Analyst?

AspectProbabilistic Risk Assessment EngineerFault Tree Analyst
CredentialsEngineering degree, certifications in risk analysis or reliabilityEngineering or technical background, certifications in fault tree analysis
Work EnvironmentIndustry settings like energy, aerospace, nuclear; risk modelingSafety analysis teams, engineering departments; fault tree development
Employer & Industry UsageUsed by utilities, aerospace, nuclear plants for risk assessmentUsed in safety engineering, accident prevention, reliability studies

Both roles focus on safety and risk analysis but differ in scope. Probabilistic Risk Assessment Engineers develop comprehensive models to quantify risks, while Fault Tree Analysts focus specifically on fault tree development to identify failure pathways. The roles often collaborate but serve distinct functions within safety and reliability teams.

What are popular job titles related to Probabilistic Risk Assessment Engineer jobs in Indiana? For Probabilistic Risk Assessment Engineer jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Probabilistic Risk Assessment Engineer jobs in Indiana look for? The top searched job categories for Probabilistic Risk Assessment Engineer jobs in Indiana are:
What cities in Indiana are hiring for Probabilistic Risk Assessment Engineer jobs? Cities in Indiana with the most Probabilistic Risk Assessment Engineer job openings:
Infographic showing various Probabilistic Risk Assessment Engineer job openings in Indiana as of July 2026, with employment types broken down into 2% As Needed, 77% Full Time, 19% Part Time, and 2% Contract. Highlights an 93% Physical, 1% Hybrid, and 6% Remote job distribution.
System Safety and Reliability Engineer

System Safety and Reliability Engineer

Rolls-Royce

Indianapolis, IN • Hybrid

$98K - $123K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 10 days ago


Rolls-Royce rating

9.0

Company rating: 9.0 out of 10

Based on 14 frontline employees who took The Breakroom Quiz

26th of 429 rated machine equipment manufacturers


Job description


Job Description

Job Title: System Safety and Reliability Engineer

Working Pattern: Full Time

Working location: Indianapolis, IN/Hybrid - 3 Office Days/Week

To ensure at all phases of the product lifecycle, that the Safety & Reliability attributes of the product are understood and that the risks arising from it are managed to an acceptable level. Contribute to the capability acquisition / improvement as well as to the technical and process governance of the S&R capability.

Why Rolls-Royce?

Rolls-Royce is one of the most enduring and iconic brands in the world and has been at the forefront of innovation for over a century. We design, build and service systems that provide critical power to customers where safety and reliability are paramount.

We are proud to be a force for progress, powering, protecting and connecting people everywhere.

We want to ensure that the excellence and ingenuity that has shaped our history continues into our future, and we need people like you to come and join us on this journey.

Rolls-Royce has been recognized as the top employer in the Engineering & Manufacturing category on the prestigious Forbes Top Employers for Engineers list for 2025. This ranking highlights our commitment to innovation, employee development, and fostering a collaborative environment where engineers can thrive.

Be part of a team that sets the industry standard and drives groundbreaking solutions.

We'll provide an environment of caring and belonging where you can be yourself. An inclusive, innovative culture that invests in you gives you access to an incredible breadth and depth of opportunities where you can grow your career and make a difference.

Rolls-Royce is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to any protected characteristics.

What you will be doing

  • Do you have an abundance of curiosity? A persistent unease with 'safe enough' and a relentless drive to prevent failures?
  • Do you possess multi-disciplinary collaboration skills, including facilitation, communication, and influence?
  • Do you enjoy working on a team, drawing upon and contributing to the diverse technical backgrounds of its members?
    • As a System Safety & Reliability Engineer, you'll be part of a team that ensures the safety and reliability attributes of our products are understood and risks are managed to an acceptable level. This role involves the integration of diverse areas of knowledge to create and support complex systems that enable reliable system operation under highly challenging conditions.
    • Tasks include mathematical modeling of complex systems, probabilistic safety assessments, and hazard assessments, extracting actionable insights to improve our products. We apply multi-domain engineering knowledge for components and systems, detailing failure mechanisms and their system effects.
  • Understand the product's degradation and failure mechanisms, their associated consequences and the hazards they contribute to. Where applicable, develop and deploy models to characterize them using deterministic or probabilistic / data mining techniques.
  • Lead and conduct the assessment of new and derivative design solutions/architectures, product operation and maintenance practices to evaluate their impact on product Safety & Reliability. Develop and deploy models at component, system and asset levels to characterize the product's Safety & Reliability attributes. Support the associated part / function classification activities.
  • Analyze and quantify risks associated with human / system interaction addressing both Human Error and the hazards arising from errors committed by personnel and also Hazards to personnel arising from system / equipment malfunction, damage or features inherent in the design.
  • Support product development and entry into service phases through the coordination and/or provision of Safety & Reliability documentation (e.g. FHA, FMECA, SSA, TLD, safety class analysis, fault schedules, OCL, etc.).
  • Support product in-service phase through the coordination and/or execution of the S&R work required to address specific in-service issues or concerns (e.g. SAR, Red Top) and support Periodic Safety Review activities.
  • Lead FRACAS or relevant event management system at in-service phases.
  • Derive lessons learnt, identify and develop improvements in tools, methods and processes and support their globalization

Who we're looking for:

At Rolls-Royce we put safety first, do the right thing, keep it simple and make a difference. These principles form the behaviors that guide us and are an essential component of our assessment process. They are the fundamental qualities that we seek for all roles.

Basic Requirements:

  • Bachelor's degree in Mathematics, Actuarial Science or Engineering with 2+ years of experience, OR
  • Master's degree in Mathematics, Actuarial Science or Engineering, OR
  • JD/PhD in Mathematics, Actuarial Science or Engineering,
  • To be considered for this role, you must be a US Citizen, must be eligible for a security clearance

Preferred Requirements:

  • Good understanding of the construction and operation of a gas-turbine engine.
  • Technical experience in the use of Safety and/or Reliability engineering tools (e.g.) Weibull++, XFMEA, XFRACAS, @RISK, Reliability Workbench.
  • Proven ability to apply logical, analytical and innovative thinking on a range of technical problems.
  • Proven ability to handle ambiguity.
  • Strong interest in statistics, probability, and reliability prediction
  • Multi-disciplinary collaboration skills, including facilitation and communication at the component, sub-system, and system level
  • Member of ASQ working toward Certified Reliability Engineer credentials

What we offer

We offer excellent development opportunities, a competitive salary, and exceptional benefits. These include bonus, employee support assistance and employee discounts.

Your needs are as unique as you are. Hybrid working is a way in which our people can balance their time between the office, home, or another remote location. It's a locally managed and flexed informal discretionary arrangement.As a minimum we're all expected to attend the workplace for collaboration and other specific reasons, on average three days per week.

For any fully remote role, employees can live in any state except Idaho, Nebraska, Nevada, Vermont, and Wyoming.

Relocation assistance will be provided as applicable.

Global Grade/Level: GG10

Closing Date: 07/31/2026

#CLOLI


Job Category
Engineering for Services

Job Posting Date
08 Jul 2026; 00:07

Pay Range
$94,160 - $153,010-Annually


Location:

Indianapolis, IN


Benefits

Rolls-Royce provides a comprehensive and competitive Total Rewards package that includes base pay and a discretionary bonus plan. Eligible employees may have the opportunity to enroll in other benefits, including health, dental, vision, disability, life and accidental death & dismemberment insurance; a flexible spending account; a health savings account; a 401(k) retirement savings plan with a company match; Employee Assistance Program; Paid Time Off; certain paid holidays; paid parental and family care leave; tuition reimbursement; and a long-term incentive plan. The options available to an employee may vary depending on eligibility factors such as date of hire, employment type, and the applicability of collective bargaining agreements.


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