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Probabilistic Risk Assessment Engineer Jobs in Athens, AL

Blue Origin

Reliability Engineer III

Huntsville, AL

$121K - $169K/yr

Experience with probabilistic risk assessment (PRA) or Monte Carlo methods * Certified Reliability Engineer (CRE) designation from ASQ * Knowledge of space environments and their effects on component ...

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Probabilistic Risk Assessment Engineer information

See Athens, AL salary details

$36.7K

$111.8K

$184.8K

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

As of Jul 27, 2026, the average yearly pay for probabilistic risk assessment engineer in Athens, AL is $111,823.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,100.00 and $146,200.00 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.

Probabilistic Risk Assessment Engineer jobs near you
Mission Risk Management Engineer

Mission Risk Management Engineer

Modern Technology Solutions, Inc.

Huntsville, AL • On-site

Full-time

Posted 4 days ago

Job description

MTSI is looking for a skilled and motivated Mission Risk Assessment Engineer to join our team! In this role you will support the Missile Defense Agency (MDA) Chief Engineer and the Mission Risk Manager (MRM) by assisting with the development of Flight, Technical, and Cyber risks as they relate to both internal MDA systems as well as external systems.
Responsibilities
  • Ensure consistent, thorough, and integrated management, execution, and products of Flight, Technical, Programmatic and Cyber risks through the MDA Risk Working Group (MRWG).
  • Execute Technical Risk assessments to support MDA Operational Capacity List (OCL) Decisions
  • Provide expert review of evidence related to technical, and Cyber risks presented in System and Element requirements and design reviews.
  • Provide support to elements for risk development.
  • Support Mission Execution and disposition of Execution Risks and Event Observations in Daily MRWGs.

Required Qualifications
  • US citizenship and an active secret clearance
  • Bachelor's Degree in STEM
  • 7+ years of experience
  • Intermediate MS Office/TEAMS/PowerBI experience
  • Excellent communication skills and ability to communicate technical information to senior MDA leaders.
  • Experience with Risk development and assessment

Preferred Qualifications
  • Strong task management skills
  • Experience working with probability and statistics
  • Technical understanding of one or more MDS system
  • Understanding of MDS systems engineering including system assessment
  • Ability to qualify for a TS/SCI clearance

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