Associate Risk Manager
ChevronAbout the role
Total Number of Openings
1Manages Chevron's insurance programs and collaborates with Chevron Law on the management of risk strategies.Leads projects of large scope and complexity under minimal supervision. Work regularly has BU level impact. Detailed knowledge of work function, related functions, and industry practices.
Chevron is accepting online applications for the position Associate Risk Manager through June 20th, 2025 at 11:59 p.m. (CST).
Chevron Corporate Overview
Chevron is one of the world’s leading integrated energy companies and conducts business worldwide. Detailed information for the countries where Chevron’s work is most extensive is available at www.chevron.com/worldwide. Our success is driven by our people and their commitment to get results the right way-by operating responsibly, executing with excellence, applying innovative technologies, and capturing new opportunities for profitable growth. We are involved in virtually every facet of the energy industry. We explore for, produce and transport crude oil and natural gas; refine, market, and distribute transportation fuels and lubricants; manufacture and sell petrochemical products and generate power. Chevron is headquartered in Houston, Texas. More information about Chevron is available at www.chevron.com.
Chevron Associate Risk Manager Job Description
We are looking for an insurance professional in our Corporate Treasury Department. The position of Associate Risk Manager has responsibility in two key areas: 1) support of the analytical design and implementation of Business Unit & Corporate insurance programs, in coordination with Treasury management, Chevron’s business teams and external stakeholders (e.g., insurance brokers and underwriters); and 2) assistance to business units and capital project teams for technical insurance expertise and advice, including contract analysis, and project-specific insurance programs for joint ventures.
As one of a team of Treasury and insurance professionals, the Associate Risk Manager works closely with business unit staffs, internal legal groups, and other Treasury groups as appropriate. Some domestic and international travel (up to 15%) can be expected.
This is an exciting opportunity to work as part of a collaborative and diverse team supporting an international portfolio of assets and organizations across the company.
Key Considerations:
Position is located in Chevron’s headquarters in Houston, TX
Interest in acting as an insurance subject matter expert with an expectation to develop in role over a number of years.
Ability to travel to company operating locations on short notice.
Chevron’s Finance organization looks for career-minded individuals with technical and leadership potential. Chevron emphasizes continuous learning and development - enabling employees to have successful and challenging careers. We believe that you drive your career. The company rewards strong performance by providing professionals with advancement opportunities across the corporation.
Responsibilities for this position include but are not limited to:
Company Insurance Programs
- Coordinate with business units and corporate staff for the compilation of underwriting information required to support the process of arranging insurance;
- Respond to external stakeholders (brokers, underwriters) on requests for specific underwriting questions and issues, which commonly involves coordination with various internal operating groups;
- Evaluate insurance program alternatives and provide analytic support to Treasury management in helping to frame and implement preferred designs;
- Review draft insurance policy terms and conditions in coordination with brokers; finalize insurance policies and coordinate payment of premiums;
- Work closely with business units to identify, assess and mitigate key risks by means of appropriate insurance solutions;
- Coordinate the insurance claim recovery process for those programs arranged by the Associate Risk Manager and potentially for other company programs;
- Coordinate with business teams to arrange & facilitate broker RFP’s as required.
Contract Analysis
- Support business units and legal groups for review of exceptions to company’s standard contract insurance language (e.g. oilfield service agreements);
- Liaise with Chevron commercial representatives in developing preferred language in various foundation agreements, such as JOA’s;
- Communicate wi
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