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Probabilistic Risk Assessment Engineer Jobs (NOW HIRING)

This role involves performing Probabilistic Risk Assessments (PRA/PSA) , developing and reviewing ... Bachelor's degree in Engineering * 1+ years (Level I), 3+ years (Level II), or 7+ years (Level III) ...

Project Risk Specialist

New York, NY · On-site

$45 - $65/hr

  • Medical

  • Dental

  • Life

  • Retirement

  • PTO

Ability to analyze and interpret probabilistic risk data and assist in communicating key risk ... Risk Assessment Preparation * Compile and review project information including engineering ...

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Probabilistic Risk Assessment Engineer information

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$38K

$115.9K

$191.5K

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

As of Aug 16, 2026, the average yearly pay for probabilistic risk assessment engineer in the United States is $115,864.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,000.00 and $151,500.00 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.

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What states have the most Probabilistic Risk Assessment Engineer jobs?

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The top searched job categories for Probabilistic Risk Assessment Engineer jobs are:

Infographic showing various Probabilistic Risk Assessment Engineer job openings in the United States 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, 5% Hybrid, and 7% Remote job distribution, with an average salary of $115,864 per year, or $55.7 per hour.

Engineer I - V - CNS (Probabilistic Risk Assessment)

Nebraska Public Power District

Brownville, NE • On-site

$11K - $14K/mo

Full-time

Medical, Dental, Retirement, PTO

Re-posted 2 days ago


Nebraska Public Power District rating

8.0

Company rating: 8.0 out of 10

Based on 6 frontline employees who took The Breakroom Quiz


Job description

Nebraska Public Power District (NPPD) has an immediate opening for a Engineer I - V - CNS (Probabilistic Risk Assessment) located at Cooper Nuclear Station in Brownville, Nebraska.  Position closes August 31, 2026 at 11:59 p.m. Central Time or until filled. 

Position Summary

Note:  Level I to Level V Engineer is considered a progression and is approved by the appropriate manager.  Engineering positions are managed under the NPPD Nuclear Engineering Career Path document. 

The Probabilistic Risk Assessment (PRA) Engineer develops, maintains, and applies nuclear power plant PRA models to support safe, reliable, and cost-effectiver operation of Cooper Nuclear Station.

Education, Training and Experience

Requierd: Bachelors of Scicence degree in Engineering dicsicipline (Mechanical, Nuclear or Electrical Engineering preferred). Degree must be ABET Accredited. 

Preferred training and experience:

  • Three or more years prior experience in the nuclear power industry (PRA, DesignEngineering, System Engineering, or Operations preferred)
  • Thermal-Hydraulic and/or radiological dose analysis experience
  • Proficient in the use of EXCEL and/or ACCESS database tools for analyzing data
Licenses and/or Certifications

None

Essential Duties & Responsibilities

Evaluate plant design and licensing changes to determine their impact on plant risk.


Implement PRA modeling and techniques to meet industry and regulatory standards foroptimization of programs at CNS.


Develop, maintain, and document PRA computer-based models to efficiently and accuratelyevaluate risk associated with operation and maintenance of the plant.


Provide quantitative and qualitative nuclear risk assessments to support 10CFR50.65, MitigatingSystems Performance Index (MSPI), NRC reactor oversight process, and risk informed licensingactions.

Accountable for other duties as assigned.
Core Competencies
Customer Focus
Employees & Teamwork/Diversity & Inclusion
Integrity/Excellence
Public Service/Environmental Stewardship
Safety

Salary Information - Nebraska Public Power District offers a competitive starting salary with opportunities for growth. In addition to the base salary range listed below, NPPD employees may also be eligible for our Annual Incentive Program (AIP) that may supplement total compensation at a level above and beyond the stated salary range.  Successful applicants will be provided more information regarding the incentive program at the time of an interview.

Pay Grade and Typical Pay Grade Starting Salary Range: 

Engineer Level I: Exempt Pay Grade 12: $6,837 - $8,636 per month

Engineer Level II: Exempt Pay Grade 13: $7,668 - $9,686 per month

Engineer Level III: Exempt Pay Grade 14: $8,720 - $11,231 per month

Engineer Level IV: Exempt Pay Grade 15: $10,006 - $12,887 per month

Engineer Level V: Exempt Pay Grade 16: $11,480 - $14,785 per month

Travel Required: Up to 25% (With no or minimal overnight stays, less than 3 per month, typically within state of Nebraska)  Travel required may fluctuate by business need. This is an estimate and will be discussed further with candidates that receive an interview.

Nebraska Public Power District offers a competitive starting salary and an excellent benefits package including medical and dental insurance, 401K retirement plan, paid holidays, paid vacation, paid medical, training opportunities and more.

If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact Human Resources at Nebraska Public Power District.

Nebraska Public Power District is an Equal Opportunity Employer


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