ZipRecruiter

Log In

1

Probabilistic Risk Assessment Engineer Jobs in Evanston, IL

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

$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 ...

Adyen

Credit Risk Analyst

Chicago, IL · 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 ...

Adyen

Credit Risk Analyst

Chicago, IL · 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 ...

previous page

Showing results 41-60

All JobsProbabilistic Risk Assessment Engineer JobsProbabilistic Risk Assessment Engineer Jobs in Evanston, IL

Probabilistic Risk Assessment Engineer information

See Evanston, IL salary details

$36.5K

$111.2K

$183.8K

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

As of Aug 8, 2026, the average yearly pay for probabilistic risk assessment engineer in Evanston, IL is $111,190.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,700.00 and $145,400.00 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 Evanston, IL look for? The top searched job categories for Probabilistic Risk Assessment Engineer jobs in Evanston, IL are:
What cities near Evanston, IL are hiring for Probabilistic Risk Assessment Engineer jobs? Cities near Evanston, 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 Evanston, 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 $111,190 per year, or $53.5 per hour.

Manager, Enterprise Risk Management

Invenergy LLC

Chicago, IL • On-site

$108K - $134K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 20 days ago

Invenergy rating

9.1

Company rating: 9.1 out of 10

Based on 9 frontline employees who took The Breakroom Quiz

Job description

Invenergy is North America's largest privately held developer, owner, and operator of power infrastructure. With 25 years of trusted execution, we deliver reliable, affordable energy through a diverse portfolio that includes natural gas, solar, land-based wind, energy storage, transmission, and domestic manufacturing. Headquartered in Chicago, we develop, own, and operate large scale projects that power communities and support the energy future.
This position will be open for application for at least 3 calendar days from the posting date. This position will remain open for application based on business need, which may be before or after the 3-day posting window.
Job Description
Position Overview
Reporting to the Vice President, Enterprise Risk Management, the Manager, Enterprise Risk Management will help evolve and implement Invenergy's Enterprise Risk Management (ERM) and Crisis Management programs across the company's generation and development portfolios. This role partners closely with leaders and teams across the organization to proactively identify and assess key risks, evaluate potential impacts, and support the development of effective mitigation strategies. Operating with a high degree of independence, the Manager applies strong facilitation, critical thinking, and structured analytical skills to deliver insights that inform leadership decision-making and advance Invenergy's long-term objectives. This role offers broad enterprise exposure and high visibility, providing a unique opportunity to influence how Invenergy anticipates risk, prepares for uncertainty, and navigates complex challenges.
Responsibilities
  • Advance Invenergy's ERM and Crisis Management frameworks, contributing to the ongoing development of governance, policies, tools, processes, and reporting requirements.
  • Coordinate the Risk Management Committee, including preparing risk and resilience briefings and executive level materials for internal and/or external use as needed.
  • Partner with business leaders and teams to serve as a key point of contact for enterprise or business unit risks, supporting the evaluation and improvement of mitigation and recovery plans.
  • Facilitate cross-functional risk assessments that consider interdependencies, internal and external factors, and both existing and emerging risks.
  • Monitor and synthesize risk intelligence, translating insights into actionable inputs for ERM and leadership discussions.
  • Engage stakeholders at all levels, including Business Unit leaders, Officers, Board Members, and Financing Parties, as needed to promote transparency and a strong risk-aware culture.
  • Build, advance, and leverage tools, scorecards, and dashboards to manage accurate tracking and reporting of risks.
  • Develop and deliver risk training to foster a strong risk culture, build shared understanding and enable continuous learning throughout the company.

Minimum Qualifications
  • Bachelor's degree in Engineering, Economics, Finance, or related discipline required.
  • 4+ years' relevant experience, such as Risk Management, Program Management, Project Management, Engineering, Asset Management, and/or Operations.
  • Strong analytical and problem-solving skills with the ability to apply structure and judgment to complex issues.
  • Strong oral and written communication skills - able to communicate clearly, concisely, and persuasively with tact and diplomacy.
  • Eligible to work in the United States without the need for employer visa sponsorship now or in the future

Preferred Qualifications
  • Experience working in the power, renewables, oil and gas, construction, or similar industry.
  • Demonstrated ability to work independently and manage multiple priorities reliably under tight timelines.
  • Experience leading projects and driving progress through influence rather than authority.
  • Strong presentation skills - ability to comprehend and synthesize information to concisely communicate complex issues to senior leaders, incorporating critical details required for each audience.
  • Awareness of enterprise risk management processes and principles such as risk identification, analysis, evaluation, risk treatment, and monitoring activities outlined.
  • Comfortable dealing with rapid growth in constantly changing internal and external environments - able to adapt to change and embrace ambiguity.

Base Pay
$108,000.00 - $134,000.00 USD Annual
Bonus: 25% - 40%
The base pay range reflects the minimum and maximum target salary for the position. Invenergy considers a number of factors when determining base pay offers such as the scope and responsibilities of the position and the candidate's experience, education and skills.
In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus program(s) which are designed to reward individual and company performance. Your recruiter can share more about bonus eligibility for this position during the hiring process.
Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, paid time off, etc.
Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

What Invenergy employees say

Pay

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply