Director, Risk Management

Career Opportunities: Director, Risk Management (2145)

Requisition ID 2145 - Posted 11/06/2026 - Houston - Legal

At Freeport LNG Development, L.P., we value the strengths of our employees who each bring their unique skills and experience to our team. As part of the Freeport LNG team, you will be working side by side with top performers in the LNG industry. We believe that when employees are fairly compensated, work in a safe environment and their families are provided with excellent benefits, they have peace of mind.

FLSA Status: Exempt

Location: Houston, TX

Job Summary

The Director, Risk Management serves as the Company's risk management leader, with overall responsibility for coordination of enterprise risk management activities, corporate insurance, claims, loss prevention, and business continuity activities. The Director executes the Company's risk management strategy with executive support and approval; implements processes and procedures necessary for compliance with legal and contractual requirements of the company's risk and insurance obligations; and provides clear, decision-useful risk information to senior leadership. The Director leads efforts to identify, assess, mitigate, transfer, monitor, and report material and emerging risks in order to protect the Company's people, assets, operations, financial position, and long-term objectives. The Director also manages significant insurance claims, including claims involving litigation, in coordination with the Freeport LNG Legal Department.

Duties/Responsibilities

Enterprise Risk Management and Governance

• Continuously enhance the Company's enterprise risk management framework, including coordination of enterprise risk identification, assessment, trends, prioritization, mitigation, monitoring, and reporting.
• Coordinate periodic enterprise risk assessments with business and functional leaders and facilitate development and monitoring of risk mitigation plans.
• Integrate operational, strategic, financial, emerging, and commodity-related risks into enterprise reporting and decision processes, with a particular emphasis on interfacing with operational personnel to integrate operational risk management into the corporate risk program.
• Develop an integrated risk register, risk metrics and other mechanisms to provide clear reporting to the Executive Committee and Audit Committee with respect to material and emerging risks.
• Promote a strong risk management culture by educating employees on risk ownership, incident management, and their responsibilities under the enterprise risk management program.

Insurance, Claims & Loss Prevention

• Lead the strategy, design, placement, renewal, and administration of the Company's corporate insurance programs, including property and business interruption, general liability, and excess liability, directors and officers liability, cyber, workers' compensation, and other appropriate coverages.
• Evaluate coverage, limits, deductibles, retentions, exclusions, policy wording, insurer participation, and other program structures to achieve an appropriate balance between risk protection and cost.
• Lead development of underwriting submissions and presentations and represent the Company in meetings with insurance brokers, underwriters, and insurance markets.
• Manage strategic relationships with brokers, insurers, underwriters, risk engineers, and other risk management service providers.
• Ensure that the Company's risk exposures, risk controls, estimated maximum loss values, and business interruption exposures are accurately communicated to insurance markets.
• Evaluate risk financing alternatives and recommend program changes when improved economic or risk outcomes may be achieved.
• Oversee notification, administration, strategy, and resolution of significant insured claims, working with Legal Department, insurers, brokers, adjusters, outside counsel, and internal stakeholders as appropriate.
• Monitor loss experience and identify trends and opportunities to reduce the frequency, severity, and financial impact of losses.
• Lead insurance risk engineering, loss control, and site survey activities, coordinating recommendations and follow-up with Operations, HSE, and other responsible functions.
• Review significant incident reports and ensure incidents with potential insurance implications are appropriately evaluated, documented, and reported.

Essential Functions

Contractual and Project Risk

• Partner with Legal Department and business owners to evaluate insurance provisions in material contracts.
• Establish and maintain appropriate standards for insurance requirements and evidence of insurance from contractors, counterparties, vessel operators, and other third parties.
• Review marine vessel documentation and other relevant agreements to confirm that applicable indemnity and insurance requirements are satisfied.
• Provide risk and insurance expertise for major projects, commercial arrangements, financing activities, and other strategic Company initiatives as required.
• Identify and implement opportunities to improve contractual risk transfer and project risk management and to reduce uninsured or inadequately managed exposures.

Commodity Risk

• Partner with Commercial, Marketing and Finance to incorporate commodity price, basis and related market risks into the enterprise risk framework and reporting.
• Provide enterprise-level visibility on how commodity volatility impacts the company's financial and operational risk profile.
• Support development or refinement of relevant limits, KPIs, and escalation protocols for commodity-related exposures (without displacing day-to-day ownership by the Commercial functions).

Business Continuity and Organizational Resilience

• Provide leadership and governance for Company business continuity planning and related corporate emergency preparedness activities.
• Oversee business continuity and emergency response planning for Company Headquarters and coordinate with the corresponding programs for operating facilities.
• Coordinate the development, maintenance, testing, and continuous improvement of applicable business continuity and severe weather plans.
• Work with Operations, HSE, IT, Legal, Communications, and other functions to align continuity planning with operational and enterprise risks.

Department Leadership and Organizational Support

• Develop and manage the Risk Management Department budget and monitor insurance-related expenditures.
• Lead, develop, and provide direction to Risk Management personnel, establishing clear accountabilities and building appropriate technical and organizational capability.
• Serve as a trusted risk advisor to executive management and business leaders.
• Establish effective priorities, processes, controls, and reporting for the Risk Management function.
• Respond to and support risk management questions and requests from departments across the Company.
• Coordinate with HSE to develop and support loss prevention and safety programs, including applicable meetings, training, and drills at the Terminal and Headquarters.

Perform other responsibilities consistent with the position as assigned.

Minimum Qualification/Work Experience

Minimum Education Required: Bachelor's degree in Business Administration

Minimum Experience Required: 10+ years of progressively responsible experience in corporate risk management, commercial insurance, insurance brokerage or underwriting, claims, or a closely related discipline, including experience managing complex insurance programs and enterprise risk management activities

Preferred Education: Master's degree in Business Administration, Risk Management, or a related field

Preferred Experience: Risk management experience in the energy, industrial, petrochemical, LNG, or another asset-intensive industry; experience with property and business interruption exposures, major claims, risk financing, and executive-level risk reporting

Preferred Certifications: ARM, CPCU, CRM, or another recognized risk or insurance designation

Required Knowledge/Skills/Abilities

• Strong understanding of enterprise risk management practices, commercial insurance coverage, insurance markets, claims management, loss prevention, and contractual risk transfer.
• Strong business and financial acumen, with the ability to assess risk in the context of commercial and operational objectives.
• Ability to translate complex risk information into clear, actionable recommendations for executive management and other decision-makers.
• Thorough understanding of contractual insurance compliance requirements, including insurance coverage requirements and evidence-of-insurance requirements.
• Excellent negotiation, presentation, written, and verbal communication skills.
• Strong judgment and demonstrated ability to manage significant matters involving sensitive or confidential information.
• Sound analytical skills and a disciplined, evidence-based approach to decision-making.
• Ability to lead effectively across organizational boundaries and work in a consultative, collaborative manner.
• Strong organizational and project management capabilities, including the ability to manage multiple priorities and meet established timelines.
• Ability to use information technology and software platforms to support enterprise risk information, reporting, workflow, and governance requirements.
• High degree of integrity, professionalism, accountability, initiative, and attention to detail.

HSE Roles and Responsibilities

Support the policies, efforts, and programs of the Freeport LNG Health, Safety and Environmental (HSE) Management System. Actively participate in HSE Management System policies and programs. Ensure that HSE considerations receive appropriate priority in all activities within the position's area of responsibility, and support loss prevention and emergency preparedness initiatives in coordination with HSE and operating personnel.

Working Conditions and Physical Expectations

Environmental/Working Conditions:

Operates in a professional office environment within or outside of an industrial plant environment.

Physical Expectations:

The physical demands described here are representative of those that must be met by an incumbent to successfully perform the essential functions of this job. This is primarily a sedentary role; however, the incumbent must be able to stand and/or sit continuously to perform all essential job functions. For example:

• Ability to lift up to 20 lbs. as required to lift files, boxes, and office equipment;
• Ability to access files and filing cabinets and to bend, stand on a stool, or climb as necessary to perform these functions while performing the duties of this role, the incumbent will be required to talk and hear.
• The incumbent is required to stand, walk, use hands to finger, handle or feel, and reach with hands and arms.
• Ability to drive to other Company work locations as required.
• Ability to move throughout all areas of each office, site location, and facility.

Freeport LNG does not discriminate against any employee or applicant on the basis of race, color, religion or creed, national origin, sex, pregnancy (including childbirth, lactation and related medical conditions), age, marital status, physical or mental disability, veteran status, genetic information (including characteristics and testing), gender identity/transgender status, sexual orientation, HIV/AIDS status or any other characteristic protected by federal, state or local law.

Email this job to a friend

The job has been sent to

Please provide the information below Job title: *Your friend's email address: Message:

• Confirm you are not a robot: