Director of Project Insurance

Thanks for your interest in Oklo! We are searching for a Director of Project Insurance to join our team.

Position Description

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.

Specific responsibilities may include:

Project Insurance, Surety & Risk Transfer

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

Project Risk Management

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

Commercial & Project Support

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