Role Description
TerraPower is seeking a highly talented and motivated candidate for the position of Director, Insurance and Enterprise Risk Management. The Director will report to the Associate General Counsel, Legal. Responsibilities include:
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Proactively managing TerraPower’s company insurance programs.
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Managing and advising on project-specific insurance.
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Ensuring that TerraPower responsibly manages business risk through effective claims prevention and management.
Responsibilities
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Insurance Program Management:
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Manage corporate and project-specific lines of insurance, including corporate property and casualty, financial and professional liability, and project-specific insurance placements.
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Partner with finance to manage TerraPower’s surety program.
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Act as a subject matter expert on US and international nuclear liability frameworks and nuclear insurance policies.
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Manage insurance broker relationships and develop placement strategies.
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Collaborate with engineering teams and EHS stakeholders to implement loss control measures.
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Evaluate and implement alternative risk transfer programs as needed.
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Provide continuous analysis of TerraPower risk appetite and risk sharing standards.
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Collaborate with legal, procurement, and contracts teams to negotiate contracts.
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Ensure compliance with applicable policy terms and conditions.
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Enterprise Risk Management (ERM):
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Manage the taxonomy and governance of the ERM program.
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Oversee annual enterprise risk assessments.
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Develop and refine enterprise risk appetite and tolerances.
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Provide executive reports on the ERM program.
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General:
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Coordinate and implement effective risk management and insurance program process improvements.
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Develop training and education programs for project teams.
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Work with other internal programs and departments to enable an integrated risk management program.
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Other duties as assigned.
Qualifications
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Bachelor’s degree in a business or risk-management-related field, or equivalent combination of education and experience.
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10+ years of relevant insurance-related experience, with at least 3 years as a corporate risk manager.
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Applicable experience in nuclear energy, nuclear pharmacy, construction, or utilities sectors.
Requirements
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Expert knowledge of commercial insurance concepts.
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Practical knowledge of enterprise risk management and risk mitigation strategies.
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Knowledge of construction means and methods and industry-standard insurance policies.
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Experience managing complex claims.
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Expertise in data analysis and reporting.
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Understanding of the regulatory environment in risk management.
Skills
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Highly skilled in organizing information.
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Strong decision-making and problem-solving skills.
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Excellent analytic and reasoning skills.
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Strong interpersonal skills for cross-functional collaboration.
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Exceptional verbal and written communication skills.
Abilities
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Resolve conflicts effectively.
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Communicate comfortably with diverse groups.
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Self-motivated, resourceful, and self-directed.
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Multitask in a fast-paced environment.
Licenses/Certifications
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Certified Risk Manager (CRM), Associate in Risk Management (ARM), Chartered Property & Casualty Underwriter (CPCU), or similar certification preferred.
Job Functions
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Sitting for extended periods, bending/stooping, grasping/gripping, fine motor control.
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Minimal physical exertion with the ability to safely lift up to 25 pounds.
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Prolonged repetitive work.
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Visual and audio focused work.
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Standard working environment of >8 hours/day.
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Travel required: 0-10%.
Job Details
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Salary Range: $184,368 – $245,824.
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Competitive Compensation and benefits.
Benefits
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Comprehensive Medical and Wellness Benefits (Medical, Vision, Dental, Life and Disability).
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Gender Affirmation Benefits.
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Parental Leave.
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401k Plan.
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Generous Paid Time Off (21 days of annually accrued PTO).
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Generous Holiday Schedule (10 paid holidays).
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Relocation Assistance.
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Professional and Educational Support Opportunities.