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Probabilistic Risk Assessment Engineer Jobs in Des Plaines, IL

Manager, Enterprise Risk Management

Chicago, IL ยท 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 ...

Quality Engineer

Wheeling, IL ยท 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 ...

Quality Engineer

Wheeling, IL ยท 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 ...

Quality Engineer

Wheeling, IL ยท 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 ...

Credit Risk Analyst

Chicago, IL ยท On-site

$100K - $130K/yr

At Adyen, everything we do is engineered for ambition. For our teams, we create an environment with ... Strong analytical capabilities with demonstrated ability to interpret financial statements, assess ...

Credit Risk Analyst

Chicago, IL ยท Hybrid

$100K - $130K/yr

At Adyen, everything we do is engineered for ambition. For our teams, we create an environment with ... Strong analytical capabilities with demonstrated ability to interpret financial statements, assess ...

Showing results 41-60

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 Aug 10, 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 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 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:
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, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $112,908 per year, or $54.3 per hour.

Managing Engineer - Thermal Sciences (MS/PhD)

Exponent Inc.

Warrenville, IL โ€ข On-site

$150K - $220K/yr

Full-time

Retirement

Posted 28 days ago


Job description

About Exponent
Exponent is the only premium engineering and scientific consulting firm with the depth and breadth of expertise to solve our clients' most profoundly unique, unprecedented, and urgent challenges.
We are committed to engaging multidisciplinary teams of science, engineering, and regulatory experts to empower our clients with solutions that create a safer, healthier, more sustainable world. For over five decades, we've connected the lessons of past failures with tomorrow's solutions to advise clients as they innovate technologically complex products and processes, ensure the safety and health of their users, and address the challenges of sustainability.
Join our team of experts with degrees from top programs at over 500 universities and extensive experience spanning a variety of industries. At Exponent, you'll contribute to the diverse pool of ideas, talents, backgrounds, and experiences that drives our collaborative teamwork and breakthrough insights. Plus, we help you grow your career through mentoring, sponsorship, and a culture of learning. Thanks for your interest in joining our team!
Key statistics:
  • 950+ Consultants
  • 640+ Ph.D.s
  • 90+ Disciplines
  • 30+ Offices globally

Our Opportunity
We are currently seeking a Manager/Managing Engineer with expertise in Mechanical Plant Systems Design, EPC Technical Services, Maintenance, and Commissioning, as well as Combustion Equipment for our Thermal Sciences Practice in Warrenville, IL; Chicago, IL; Houston, TX; or Atlanta, GA.
As a leader in our Thermal Sciences group, you will work on industry's most complex engineering challenges both domestically and internationally. Your work will involve safety management, failure analysis, and root cause analysis for complex issues in multiple industries including industrial manufacturing, power generation, chemical, oil, and gas production, LNG, and new plant construction projects. You will be part of bespoke, multidisciplinary teams, often utilizing staff from multiple geographically diverse offices.
The ideal candidate will have extensive experience in the in-plant aspects of equipment and process systems design, selection, and erection, commissioning, maintenance, and operations, as well as experience with the engineering design process, and exposure to the legal aspects surrounding disputes. Some experience in consulting is required, and dispute resolution experience or legal testimony is a plus. Expectations for the position include growing teams, recruiting and hiring exceptional engineering staff, and developing and building client relationships that lead to new and exciting opportunities for the firm.
You will be responsible for
  • Conducting failure analysis and root cause analysis investigations
  • Managing multidisciplinary teams and collaborating with experts in other technical disciplines
  • Identifying and pursuing business development opportunities
  • Project management and building client relationships
  • Performing engineering calculations and analyses
  • Planning and executing testing programs
  • Preparing written reports, proposals, and presentations
  • Domestic and international travel will likely be required
  • Most assignments will require the ability to gather information from, and convey technical conclusions to, individuals in engineering, the legal profession, business and industry

You will have the following skills and qualifications
  • A Ph.D., M.S., or M.Eng in Chemical, Petroleum, or Mechanical Engineering with a practical and theoretical understanding of combustion, heat transfer and fluid mechanics
  • Presently legally authorized to work in the United States. No immigration sponsorship or processing required.
  • A minimum of 5 years of relevant industry experience in the areas of plant engineering design, commissioning, and maintenance; process safety and risk assessment; engineering in in-plant organization team leadership, and/or in a client-facing technical consulting role, working on projects related to any or all of these technical areas.
  • At least one year of experience in a client-facing technical consulting environment is required.
  • Professional Engineering License preferred
  • Excellent written and verbal communications skills
  • Ability to gather information from, and convey technical conclusions to, individuals in engineering, the legal profession, business and industry
  • Outstanding skills and proven track record conducting incident investigations and hazard assessment via any recognized methodology

Applicants are encouraged to submit a CV with publications (feel free to include publications that are in review or pending) [not restricted to 1 page].
Life @ Exponent
To learn more about life at Exponent and our impact, please visit the following links:
https://www.exponent.com/careers/life-exponent
https://www.exponent.com/company/our-impact
Attracting, inspiring, developing, and rewarding exceptional people with diverse backgrounds and expertise are central to our corporate culture. Our diverse team allows us to provide better value to our clients and enjoy an enriched work environment.
Our firm is committed to offering a variety of programs and resources to support health and well-being. We believe that providing competitive benefits as well as compensation and recognition programs empowers our staff to do work that makes a difference.
Work Environment
At Exponent, we have found that in-person interactions deepen employee engagement and are crucial for development, for realizing the full potential of our talented and diverse teams, and for building a more inclusive workplace where all have a sense of belonging. In our offices, you can expect a supportive culture and a collaborative, dynamic, multi-disciplinary work environment. Our consultants engage in-person in the office unless they are traveling for client work or other business activities.
We value the rich lives our colleagues enjoy outside of work and understand that work/life balance is critical to our employees and their well-being. Consultants have the autonomy to balance their work and personal schedules so you can meet with clients, visit inspection sites, attend conferences, and make time for priorities outside of work, too. It is this flexible, agile work style and working hours that allow our teams to drive innovation and results in their own ways, while meeting the needs of clients. #LI-Onsite
Compensation
Our consultants are rewarded for their technical and business contributions and have an opportunity to plan for future success and career growth. Exponent's total compensation plan is consistent with its expectations of the quality and quantity of work performed and with the professional standards set by Exponent. At the Manager level and above total compensation includes base salary, annual bonus, and 401(k) employer contribution of 7% of base salary.
The base salary range for this position is dependent on experience and capabilities which will be assessed during the interview process.
Salary Range
USD $150,000.00 - USD $220,000.00 /Yr.
Benefits you will enjoy
Access benefits information on our Life@Exponent page: https://www.exponent.com/careers/life-exponent
Exponent is a proud equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status.
If you need assistance or accommodation due to a disability, you may email us at HR-Accommodations@exponent.com.
Job Locations
US-IL-Warrenville
US-IL-Chicago
US-TX-Houston
US-GA-Atlanta