Director of Project Insurance

About the role

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.

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.

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.

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.

Skills

• Passionate about making advanced nuclear a reality.

• Willing and able to learn quickly.

• Willing to think differently and do things in new ways.

• Able to communicate technical content and results verbally.

Benefits

Salary: $200,000 - $245,000

Pay

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

Schedule

Flexible work hours.

Company

Oklo Inc. is developing fast fission power plants to deliver clean, reliable, and affordable energy at scale; establishing a domestic supply chain for critical radioisotopes; and advancing nuclear fuel recycling to convert nuclear waste into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel material from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.