Director of Project Insurance
Oklo Inc. · San Francisco Bay Area
📍 Santa Clara, CA or Remote💰 $200,000 - $245,000via greenhousePosted 2026-06-22
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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 a
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