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Probabilistic Risk Assessment Engineer Jobs in Chicago, IL

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

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 ...

Futures Risk Program Manager

Chicago, IL · On-site

$138.63 - $175/hr

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

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 ...

... engineering, and distribution strength. Approximately 75% of our revenue is positioned as a #1 ... Assess risk profiles and recommend mitigation strategies for strategic transactions. * Support ...

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 41-60

Probabilistic Risk Assessment Engineer information

See Chicago, IL salary details

$39.1K

$119.4K

$197.3K

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 Chicago, IL is $119,357.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,500.00 and $156,100.00 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 are popular job titles related to Probabilistic Risk Assessment Engineer jobs in Chicago, IL?

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

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

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

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

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

Infographic showing various Probabilistic Risk Assessment Engineer job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $119,357 per year, or $57.4 per hour.

SOX Risk Architect and Compliance Lead

AbbVie

North Chicago, IL

$151K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 7 days ago


AbbVie rating

8.7

Company rating: 8.7 out of 10

Based on 103 frontline employees who took The Breakroom Quiz

14th of 86 rated pharmaceutical


Job description

Company Description

About AbbVie

AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas including immunology, oncology, and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on LinkedIn, Facebook, Instagram, X and YouTube.

Job Description

The Sarbanes Oxley (SOX) Risk Architect & Compliance Lead role is accountable for facilitation of IT risk management processes. Collaborates cross-functionally to help mature and execute the IT Risk Security and Compliance processes which include governance, risk assessment, risk analysis, risk metrics, risk reporting, supplier monitoring, internal / external audit support, and technology enablement. Provides leadership for the creation of a SOX Compliance Strategy, project execution and improvement initiatives for IT. Creates strategies and processes related to all areas of Governance, Risk Management and Compliance. May coordinates the efforts of several groups to ensure compliance with other federal and industry regulations and requirements.

Responsibilities: 

  • Establish and oversee formal risk analysis and risk-assessment programs for various Information Services systems and processes, focusing on SOX-related controls. 
  • Drive technology enablement to automate the delivery of SOX audit evidence. 
  • Ensure and monitor compliance with SOX as well as other federal and industry regulations and requirements. 
  • Liaise with Internal Audit, Internal Controls, external Auditors and BTS application teams/control owners to remediate new and outstanding issues; track compliance-related issues. 
  • Participate in the overall creation and maintenance of AbbVie’s risk, security & compliance policies, standards, guidelines, and baselines. 
  • Maintain expertise on governance, risk, security & compliance trends through training, research, and development in order to mitigate potential security exposures. 
  • Responsible for compliance with applicable Corporate and Divisional Policies and procedures 
  • Ensure that all applicable AbbVie IT policies and procedures are followed. Reviews and provide input to improve procedures as applicable. 
Qualifications

Required:

  • Bachelor's Degree in Information Technology, Computer Science or Computer Engineering with 7 years’ experience; Or Master's Degree with 6 years’ experience; Or PhD with 2 years of experience with IT compliance, IT risk, and/or IT audit.
  • In-depth understanding with all aspects of regulatory and contractual compliance, especially Sarbanes Oxley (SOX).
  • Advanced knowledge of risk assessment design and delivery. 
  • Experience communicating and presenting both verbally and in writing to various audiences, including committees, large groups, senior management, and executive leadership.
  • Experience with IT processes, risk, and control frameworks, such as COBIT, ISO 27001, ITIL, Risk IT.
  • Requires knowledge of outsourcing methodologies and operating models and working with professional services firms.
  • Requires experience overseeing geographically distributed and culturally diverse workgroups.

Preferred:

  • Experience with Software Development Lifecycle (SDLC) methodologies preferred.
  • Professional security management certification: CISSP or CISA preferred.

Additional Information

Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law: ​

  • The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future. ​
  • We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.​
  • This job is eligible to participate in our long-term incentive programs. 

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid and may be modified at the Company’s sole and absolute discretion, consistent with applicable law.​

AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives and serving our community.  Equal Opportunity Employer/Veterans/Disabled. 

US & Puerto Rico only - to learn more, visit https://www.abbvie.com/join-us/equal-employment-opportunity-employer.html

US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:

https://www.abbvie.com/join-us/reasonable-accommodations.html


What AbbVie employees say

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AbbVie logo

About AbbVie

Sourced by ZipRecruiter

AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women's health, and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, YouTube, and LinkedIn.

Industry

Scientific research and development services

Company size

10,000+ Employees

Headquarters location

North Chicago, IL, US

Year founded

2013