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Probabilistic Risk Assessment Engineer Jobs in Addison, IL

RSM Global

Manager, Risk and Compliance

Chicago, IL · On-site

... assessments, collecting and validating evidence, and ensuring release readiness. Working closely with product, engineering, and delivery teams, the Manager provides hands on risk and compliance ...

OrthoArizona

Risk and Compliance Manager

Chicago, IL · On-site

$90 - $140/hr

The role will support and lead initiatives to monitor, assess, and improve quality management ... Bachelor's degree in Business Administration, Engineering, Healthcare, or a related field * At ...

RSM

Manager, Risk and Compliance

Chicago, IL · On-site

... assessments, collecting and validating evidence, and ensuring release readiness. Working closely with product, engineering, and delivery teams, the Manager provides hands on risk and compliance ...

RSM US LLP

Manager, Risk and Compliance

Chicago, IL · On-site

$111 - $190/hr

... assessments, collecting and validating evidence, and ensuring release readiness. Working closely with product, engineering, and delivery teams, the Manager provides hands on risk and compliance ...

New

HUB

Senior Risk Consultant

Chicago, IL · On-site

Lead comprehensive risk assessments and audits across manufacturing, construction, distribution ... Build and maintain productive relationships with insurance carrier risk engineering teams and third ...

Mwe

Senior AI Risk & Advisory Manager

Chicago, IL · Hybrid

$193K - $301K/yr

Assess and advise on AI-driven threats, including AI-enhanced social engineering and automated ... Strong judgment and risk assessment capability * Experience working cross-functionally with IT and ...

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All JobsProbabilistic Risk Assessment Engineer JobsProbabilistic Risk Assessment Engineer Jobs in Addison, IL

Probabilistic Risk Assessment Engineer information

See Addison, IL salary details

$38.1K

$116.1K

$191.9K

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

As of Sep 5, 2026, the average yearly pay for probabilistic risk assessment engineer in Addison, IL is $116,081.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,200.00 and $151,800.00 per year, depending on experience, location, and employer.

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 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 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 job categories do people searching Probabilistic Risk Assessment Engineer jobs in Addison, IL look for?

The top searched job categories for Probabilistic Risk Assessment Engineer jobs in Addison, IL are:

What cities near Addison, IL are hiring for Probabilistic Risk Assessment Engineer jobs?

Cities near Addison, IL with the most Probabilistic Risk Assessment Engineer job openings:

Probabilistic Risk Assessment Engineer jobs near you

Highly Protected Risk (HPR) Field Engineer

The Misch Group

Chicago, IL • On-site

$120 - $140/hr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 18 days ago

Job description

About Us:

We focus on delivering efficient risk management solutions directly to clients, specializing in property risk surveys for large commercial properties. Our technology-driven approach to field data collection and report writing sets us apart from traditional risk assessment methods. We prioritize a client-centric business model and foster a culture where work-life balance is essential. Join our team of 20 talented professionals, and be part of a growing company with a commitment to innovation and client satisfaction.

Location:

Remote (Candidates should ideally be based near a major national airport, 70% travel expectations for site visits Nationwide US)

Job Summary:

We are looking for motivated Property Risk Engineers with 2-5 years of experience in property risk management. In this role, you will conduct field inspections and surveys for highly protected risk (HPR) properties, assessing fire protection systems, loss expectancy, and other risk factors. Our technology simplifies report writing, allowing you to focus more on analysis and risk reduction strategies.

Responsibilities:

  • Perform on-site property risk inspections and surveys for commercial clients.

  • Evaluate and report on fire protection systems, loss expectancy, and general property conditions.

  • Use our proprietary technology to efficiently gather data and complete risk surveys.

  • Collaborate directly with clients to help them understand risks and manage their insurance premiums effectively.

  • Provide expert recommendations for improving property risk profiles and risk mitigation strategies.

  • Work independently, managing your own schedule, while contributing to a remote team environment.

  • Stay current with industry trends and standards in risk management and property engineering.

Requirements:

  • 2-5 years of experience in property risk management, specifically in highly protected risk (HPR) surveys or similar roles.

  • Bachelor's degree in Engineering, Mathematics, Physics, or a related technical field.

  • Experience in fire protection systems and risk mitigation strategies is highly preferred.

  • Certified Fire Protection Specialist (CFPS) or Professional Engineer (PE) certification is a plus but not required.

  • Strong analytical skills and the ability to provide actionable recommendations for risk reduction.

  • Self-motivated with the ability to work independently and manage multiple assignments.

  • Willingness to travel for on-site inspections, as needed.

Compensation and Benefits:

  • Salary range: $120,000 - $140,000+ per year for candidates with 2-5 years of experience. Highly experienced candidates can earn up to $180,000+.

  • Comprehensive benefits package including medical, dental, vision, 401(k) with a 6% match, and unlimited PTO.

  • Flexible, remote work environment allowing for a work-life balance that prioritizes family and personal life.

  • Opportunity for career growth, with potential paths into management as the company expands.

Why Join Us:

  • Work for a company that values people first, with a culture that supports work-life balance and career development.

  • Be part of a small, nimble team that offers unlimited career growth potential and less red tape than larger firms.

  • Utilize cutting-edge technology to deliver efficient and effective risk management solutions to clients.

  • Gain valuable experience working directly with commercial clients in a variety of industries.

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