Director of Project Insurance

Oklo•Santa Clara, CA

1d•$200,000 - $245,000•Remote

About The Position

Oklo is seeking to hire a Director of Project Insurance to build and lead the company’s insurance function for projects across our three Power, Fuel and Isotope business units. This role will own Oklo’s project insurance strategy, project risk management processes, contractual risk review, and risk governance framework across development, supply chain, construction, operations, and decommissioning of assets. The ideal candidate brings deep experience navigating complex industrial, infrastructure, energy, or nuclear-related risk environments and can operate effectively across executive leadership, investors, regulators, counterparties, and insurers. This position will partner closely with Legal, Finance, Operations, Procurement, Commercial, and Project Development and Execution teams to proactively identify, quantify, mitigate, and transfer risk as Oklo scales. This role reports to the Vice President of Finance and Treasury.

Requirements

10+ years of experience in risk management, insurance, infrastructure, energy, utilities, industrial, or related sectors
Strong understanding of complex commercial insurance programs and risk financing structures
Experience supporting large-scale industrial, infrastructure, energy, or construction projects
Demonstrated ability to build scalable risk frameworks in high-growth or operationally complex organizations
Strong executive communication and stakeholder management skills
Ability to operate both strategically and tactically in a fast-moving environment
Proven ability to manage cross-functional teams and external contractors
Excellent communication and leadership skills, including executive and Board-level reporting

Nice To Haves

Experience with nuclear or other FOAK energy infrastructure projects
Familiarity with DOE, NRC, and other regulatory agencies
Experience in nuclear, power generation, utilities, LNG, aerospace, or other highly regulated industries
Background working with project finance, EPC contracting, or large infrastructure development

Responsibilities

Lead the design, procurement, and management of Oklo’s project insurance programs, including property, casualty, liability, builders risk, environmental, nuclear and other specialty coverages
Manage broker relationships, renewals, claims, and insurer negotiations
Develop insurance strategies aligned with evolving project development and operational risks
Evaluate alternative risk transfer structures, captives, and emerging market solutions where appropriate
Develop and manage Oklo’s project surety strategy, including bonding capacity, surety relationships, collateral requirements, indemnity obligations, and project-specific bonding needs
Report to Executive Management and the Board of Directors on these programs
Establish and maintain project risk management frameworks and reporting processes
Identify and assess operational, strategic, financial, regulatory, supply chain and construction risks across projects
Develop risk mitigation plans including use of financial structures to offset project risks and coordinating across functions as appropriate
Support executive leadership and Board-level risk reporting as well as external reporting as required
Use data and analytics effectively in strategic planning and decision making
Review contractual indemnities, liability provisions, insurance requirements, and commercial risk allocation
Identify, negotiate, and drive Oklo’s appropriate share of risk allocation among project participants
Support project development, financing, construction, and strategic partnership activities
Collaborate with Legal, Finance and Commercial teams on risk analysis related to major transactions and counterparties
Manage key external relationships across insurance and risk transfer partners, including Aon, surety brokers, underwriters, carriers, and other specialty advisors supporting Oklo’s project-level risk programs.
Prepare and present clear evidence of tailored nuclear risk frameworks, good governance, safety culture, and risk controls for external audiences
Partner with banks, financing counterparties, and surety providers to support bonding capacity, collateral requirements, lender insurance diligence, and project-specific risk transfer needs.
Work with vendors, customers, and commercial counterparties to assess insurance coverage requirements associated with third-party contracts, including indemnity provisions, certificates of insurance, policy limits, exclusions, and compliance with contractual obligations
Partner with internal stakeholders on nuclear liability strategy, operational readiness, emergency response planning, and business continuity
Support evolving regulatory and compliance requirements associated with advanced reactor deployment