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

External Relationship Management

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

Regulatory & Operational Risk

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

Minimum Qualifications:

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

Bonus Qualifications:

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

Competencies

We are looking for a Director of Project Insurance that is:

Passionate about making advanced nuclear a reality

Willing and able to learn quickly

Willing to think differently and do things in new ways

Comfortable in a fast-paced, highly iterative startup environment

Excited to think creatively, critically, and reflectively about the problems they are solving while not leaning only on what has been done before

Willing to propose novel and creative solutions to technical problems

Able to communicate technical content and results verbally

Who you are:

A startup person : You aren't driven by titles or hierarchy, and prefer efficiency to excess process. You don't need or expect to have a lot of guidance but you enjoy working in a fast-paced team. If you prefer the culture and feel of a large organization, that is great, but you likely won’t enjoy working with us! There is plenty of important work and plenty of good opportunities with organizations like that.

Motivated : You are self-motivated. You bring an enthusiasm to the team, and imbue a sense of passion that goes beyond clocking in and clocking out. This isn’t about a fake or arbitrary “pieces of flair” mentality or lack of work-life balance! It is about being a part of the vision and feeling a part of reaching team goals.

A team-player : Oklo genuinely is a team. We aren’t about taking credit for ourselves, and we aren’t about pushing blame to others. We do incredible things because we work as a team.

An excellent communicator : We need a person who is not only technically competent but also a clear and upbeat communicator.

Creative : Being creative means that when things fall outside clear scopes or processes or problems arise without clear solutions, you are able to identify it as well as invent ways to solve a problem or fill a need without micromanagement. The successful person in this job will not only be creative, but also enjoy being creative and solving open-ended problems which may change day-by-day.

Detail-oriented : This focus is a big part of excellence, consistency, and quality. Excellent grammar and spelling matter for both good communication as well as the image of the company that we put forward.

About Oklo travel requirements:

Oklo requires remote employees to travel to headquarters (Santa Clara, CA) twice a quarter annually, based on business or team needs, including attendance at team meetings, off-sites, and other company events or gatherings. For the first two weeks of onboarding, employees are required to be in person at headquarters in Santa Clara, CA.

About Oklo compensation:

Salary: $200,000 - $245,000

Salary may fall outside of the range provided and will be dependent on applicant experience.

Oklo offers flexible time