Program Manager, Enterprise Risk & Insurance

NOTE: This is a full-time position based in our Houston, TX office located at 990 Town & Country Blvd

POSITION SUMMARY: The Program Manager, Enterprise Risk & Insurance is responsible for the day-to-day management of NuScale's enterprise risk management (ERM) program and corporate insurance program. This role partners with executive leadership, risk owners, the Company's insurance broker, and outside advisors to identify, assess, prioritize, and transfer risk as NuScale advances toward commercial deployment. The position prepares risk and insurance reporting for senior leadership and the Audit Committee of the Board of Directors.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Manage the annual and quarterly ERM cycle, including risk identification interviews and workshops with executives and risk owners, risk assessment updates, and maintenance of the enterprise risk register
• Maintain and refine the ERM framework, risk taxonomy, scoring criteria, and risk appetite statements
• Partner with risk owners to document and track mitigation plans, key risk indicators, and emerging risks
• Prepare ERM reporting for executive leadership and the Audit Committee, including heat maps, trend analysis, and top-risk deep dives
• Align ERM results with strategic planning, SEC risk factor disclosures, and the insurance program
• Manage the corporate insurance program in partnership with the Company's broker, including D&O, property, general and professional liability, cyber, fiduciary, crime, workers' compensation, and project- or nuclear-specific coverages
• Lead the annual insurance renewal process, including underwriting submissions, underwriter meetings, quote analysis, and recommendations on limits, retentions, and program structure
• Manage claims and notices of circumstances from first report through resolution, coordinating with Legal as needed
• Review contracts for insurance and indemnification requirements and manage certificates of insurance and counterparty requests
• Track premiums, insurance budget, and policy terms, and manage broker, carrier, and advisor performance
• Performs other duties as assigned

CORE COMPETENCIES: To perform the job successfully, the individual should demonstrate competencies in performing the essential functions of this position by performing satisfactorily in each of these competencies.

• Business Acumen: A strategic thinker with good business perspective and an understanding of the company's business. Able to function comfortably in political interactions. Capable of developing strong interpersonal networks within the organization.
• Problem solving: Decisive with good judgment. Identifies and resolves problems in an efficient and effective manner. Gathers and reviews information appropriately. Uses own judgment and acts independently; seeks input from other team members as appropriate for complex or sensitive situations.
• Oral/written communication: Strong communication skills, externally and internally. Listens carefully and speaks clearly and professionally in all situations. Edits work for accuracy and clarity, is able to create, read and interpret complex written information.
• Planning/organizing: Capable leader; able to establish a vision and align an organization around the vision. Prioritizes and plans work activities, organizes personal and project timelines and deadlines, tracks project timelines and deadlines, and uses time efficiently.
• Integrity: Is trusted by peers and subordinates.
• Adaptability: Adapts to changes in the work environment, manages competing demands and can deal with frequent interruptions, changes, delays, or unexpected events.
• Dependability: Consistently on time and at work, responds to management expectations.
• Team Building: Capable of developing strong interpersonal networks and trust within the organization. Leads consensus by involving all stakeholders, facilitating their understanding of differences, agreeing on requirements and constraints, and developing the best solution.
• Safety Culture: Adheres to the corporate safety culture and is expected to model safe behavior and influence peers to meet high standards.
• Quality Assurance: Commits to the understanding and implementation of quality assurance regulations, standards, and guidelines of 10 CFR 50 Appendix B, 10 CFR 21, and NQA-1.

MINIMUM SKILLS, QUALIFICATIONS AND ABILITIES:

• Education/Certification: A minimum of a bachelor's degree in risk management, finance, business, or a related field is required. ARM, CPCU, or RIMS-CRMP designation desired.
• Experience: Minimum of 8 years of full-time corporate risk management and/or insurance experience, with at least 3 of those years in commercial or corporate insurance, is required. Demonstrated experience leading a full corporate insurance renewal, including D&O, and facilitating ERM risk assessments with senior leaders is required. Public company experience and a background in utilities, energy, nuclear, aerospace and defense, or heavy engineering and construction are preferred.
• Industry Requirements: Eligible to work under Department of Energy 10 CFR Part 810.

PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Ability to understand and communicate clearly using a phone, personal interaction, and computers.
• Ability to learn new job functions and comprehend and understand new concepts quickly and apply them accurately in a rapidly evolving environment.
• The employee frequently is required; to sit and stand; walk; bend, use hands to operate office equipment; and reach with hands and arms.
• Ability to travel nationally and locally using common forms of transportation.

Disclaimer: Employee(s) must perform the essential duties and responsibilities with or without reasonable accommodation efficiently and accurately without causing significant safety threat to self or others. The above statements are intended to describe the general nature and level of work being performed by employee(s) assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and/or skills required of all employees in this classification.

NuScale Power, LLC is an equal opportunity employer and does not discriminate against otherwise qualified applicants on the basis of race, color, creed, religion, ancestry, age, sex, marital status, national origin, disability or handicap, or veteran status.

Pay and Benefits:

The target pay range for this position is $124,400 - $150,138 annually. The full pay range is $111,531 - $174,446 annually.

At NuScale, compensation decisions are determined using factors such as relevant job-related skills, full-time working experience, education and training, equity within the department.

For information on employee benefits, please visit our Careers Overview page: