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Probabilistic Risk Assessment Engineer Jobs in Addison, IL

Head of Risk

Chicago, IL · On-site

$225K - $300K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Manage counterparty credit risk assessment and ongoing monitoring for clearing members. * Develop ... with engineering, product, and commercial teams to embed risk thinking into business decisions.

Head of Risk

Chicago, IL · On-site

$150 - $250/hr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Manage counterparty credit risk assessment and ongoing monitoring for clearing members. * Develop ... with engineering, product, and commercial teams to embed risk thinking into business decisions.

Futures Risk Program Manager

Chicago, IL · On-site

  • Medical

  • Life

  • Retirement

  • PTO

Conduct thorough risk assessments focused on operational and technology risks, identifying ... programming tools to identify trends and quantify risk exposures; * Utilize industry-standard ...

Manager, Enterprise Risk Management

Chicago, IL · On-site

$108K - $134K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Invenergy is North America's largest privately held developer, owner, and operator of power ... Facilitate cross-functional risk assessments that consider interdependencies, internal and external ...

Manager, Enterprise Risk Management

Chicago, IL

$108K - $134K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Invenergy is North America's largest privately held developer, owner, and operator of power ... Facilitate cross-functional risk assessments that consider interdependencies, internal and external ...

Manager, Enterprise Risk Management

Chicago, IL · On-site

$108K - $134K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Invenergy is North America's largest privately held developer, owner, and operator of power ... Facilitate cross-functional risk assessments that consider interdependencies, internal and external ...

Quality Engineer

Wheeling, IL · On-site

$89K - $97K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Supports process design, risk assessment, and supplier development. * Provides timely reports to Management on designated Quality KPIs. Quality Engineer Qualifications: * BS in Material Science or ...

Quality Engineer

Wheeling, IL · On-site

$89K - $97K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Supports process design, risk assessment, and supplier development. * Provides timely reports to Management on designated Quality KPIs. Quality Engineer Qualifications: * BS in Material Science or ...

Supports process design, risk assessment, and supplier development. * Provides timely reports to Management on designated Quality KPIs. Quality Engineer Qualifications: * BS in Material Science or ...

Environmental Risk Officer

Chicago, IL

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Environmental and Seismic Risk Officer position within the U.S. Bank Real Estate Technical Services ... Engineer. * Advanced knowledge of applicable environmental regulations, seismic assessment ...

Showing results 21-40

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 Aug 16, 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 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 Addison, IL?

For Probabilistic Risk Assessment Engineer jobs in Addison, IL, the most frequently searched job titles are:

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:

Network Security Engineer

Sulekha.com New Media Pvt Ltd

Lake Zurich, IL • On-site

$90 - $120/hr

Other

Posted 11 days ago


Job description

Network Security Engineer Jobs in Candid8 Lake Zurich, IL

Massive Hiring Alert – Network Security Engineer

Responsibilities
  • Firewalls, VPNs, IDS/IPS & Security Monitoring
  • Network Troubleshooting & Incident Response
  • Routing, Switching, TCP/IP & Network Protocols
  • Security Best Practices & Compliance Standards
Preferred Skills
  • Palo Alto
  • Cisco Security
  • Fortinet
  • NAC
  • SIEM Tools
  • Vulnerability Management
  • Risk Assessment

OPT Candidates Welcome!

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