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Probabilistic Risk Assessment Engineer Jobs in Des Plaines, IL

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 ...

Visa Hunt

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

Manager, Enterprise Risk Management

Chicago, IL · On-site

$108K - $134K/yr

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 ...

DRiV

Insurance Risk Manager

Skokie, IL · Hybrid

... 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 ...

US Bank

Environmental Risk Officer

Chicago, IL · On-site

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

Wieland

Quality Engineer

Wheeling, IL · On-site

$89K - $97K/yr

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 ...

Wieland

Quality Engineer

Wheeling, IL · On-site

$89K - $97K/yr

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 ...

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All JobsProbabilistic Risk Assessment Engineer JobsProbabilistic Risk Assessment Engineer Jobs in Des Plaines, IL

Probabilistic Risk Assessment Engineer information

See Des Plaines, IL salary details

$37K

$112.9K

$186.6K

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

As of Sep 6, 2026, the average yearly pay for probabilistic risk assessment engineer in Des Plaines, IL is $112,908.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,900.00 and $147,600.00 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 Des Plaines, IL?

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

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

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

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

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

Probabilistic Risk Assessment Engineer jobs near you
Infographic showing various Probabilistic Risk Assessment Engineer job openings in Des Plaines, IL as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 12% Part Time, 2% Contract, and 1% Nights. Highlights an 86% Physical, 5% Hybrid, and 9% Remote job distribution, with an average salary of $112,908 per year, or $54.3 per hour.

Senior AI Risk & Advisory Manager

McDermott Will and Emery

Chicago, IL • On-site

$193K - $301K/yr

Full-time

This job post has expired 2 days ago. Applications are no longer accepted.

Job description

Build your big career with the firm that does Big Law, Better. McDermott Will & Schulte is a leading global law firm that brings together more than 1,700+ lawyers and 1,400 business professionals. We celebrate excellence, collaboration, and community and have been recognized as a top workplace by USA Today, Fortune, The American Lawyer, Vault and others. We are also certified by Great Place to Work.
At McDermott, we don't just invest in your future, we accelerate your career - wherever it may lead. That includes supporting you both in and outside of the office.
With us, you'll find:
  • A firm where everyone belongs: Our award-winning culture prioritizes warmth and authenticity - we encourage you to be yourself!

  • Enthusiasm for all perspectives: We're smarter and stronger when everyone has a voice and a seat at the table. We welcome unique viewpoints and ideas, and we make opportunities for you and your career to thrive.

  • Support to feel your best and do your best: Wellness is integral to building a successful career and a rich life. That's why our benefits program supports your physical, emotional, mental, and financial health, with an emphasis on work-life balance.

  • Real rewards for real work: We offer generous compensation packages that recognize hard work and excellence.

Job Description:
McDermott, Will & Schulte LLP is embedding Artificial Intelligence across core workflows, vendor platforms, and client-facing services. As adoption accelerates-including agentic AI systems that can independently access and act on data-the Firm needs dedicated expertise to ensure leadership has clear visibility into how these technologies function and what implications they carry.
WHY MWS
  • Shape the Firm's AI strategy at the intersection of technology and risk

  • Dual reporting to CIO and General Counsel-uniquely positioned for impact

  • Security and innovation treated as mutually reinforcing priorities

  • Define a new function at the frontier of enterprise AI governance

WHAT YOU'LL DO
  • Serve as subject matter expert on AI technologies, including large language models and emerging AI systems

  • Advise leadership on technical implications of AI initiatives and translate AI architecture into business and legal risk considerations

  • Evaluate proposed AI use cases and tools across the Firm

  • Identify and assess risks related to data privacy, intellectual property, bias and fairness, hallucination and reliability, and security vulnerabilities

  • Recommend controls, guardrails, and oversight mechanisms-with particular attention to agentic AI systems that may access data subject to regulatory or ethical requirements

  • Assess and advise on AI-driven threats, including AI-enhanced social engineering and automated attack techniques

  • Identify opportunities to leverage AI to improve threat detection, incident response, and defensive operations

TECHNOLOGIES
LLMs • Generative AI • Agentic Systems
NIST AI RMF • ISO 42001 • EU AI Act
AI Security • Privacy Frameworks
Threat Detection • Security Operations
WHAT YOU BRING
  • 10+ years of experience in technology, security, risk, or related fields

  • Deep understanding of AI/ML systems, particularly LLMs and generative AI

  • Ability to explain complex technical systems to non-technical executives

  • Strong judgment and risk assessment capability

  • Experience working cross-functionally with IT and Legal

  • Familiarity with AI security, privacy, and regulatory considerations

Preferred
  • Background in ML engineering, data science, cybersecurity, or AI architecture

  • Familiarity with AI-driven cyber threats and the application of AI/ML to security operations

  • Experience with AI governance frameworks and regulatory compliance

Successful candidates will be provided with outstanding career opportunities and will receive a competitive total rewards package with the opportunity to earn performance-based bonuses.
Target Hiring Range $193,000 - $301,000
Please note that quoted salary ranges are not guarantees of what final salary offers may be. Base pay is based on market location and may vary depending on job-related knowledge, skills, experience, and geographic location. Base pay is only one part of the Total Rewards that MWE provides to compensate and recognize our staff professionals for their work. Full time positions are eligible for a discretionary bonus and a comprehensive benefits package.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
#LI-JL1
#LI-Hybrid
Physical Demands and Work Environment:
The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Physical Demands:
  • While performing the duties of this job, the employee is required to sit, use hands, reach with hands and arms, stoop, talk and hear
  • Employee must occasionally lift up to twenty (20) pounds

Work Environment:
Typical indoor office environment
Disclaimer:
The above statements are intended to describe the general nature and level of the work being performed by people within this classification. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of employees assigned to this job.

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