POSITION SUMMARY:
The Risk Management Specialist supports Talos’s enterprise risk management, insurance, and surety programs in partnership with the Risk Manager, Treasury, brokers, and internal and external stakeholders. The role serves as a resource to business units on insurance and surety matters, while supporting renewals, claims, reporting, due diligence, and related financial and strategic projects.
DUTIES & RESPONSIBILITIES:
Insurance & Risk Management
- Support corporate insurance programs, including property, casualty, liability, cyber, D&O, workers’ compensation, and specialty coverages.
- Support annual renewals by gathering exposure data, preparing submissions, coordinating with brokers and insurers, and evaluating structure, pricing, market conditions, and risks.
- Maintain policy, certificate, endorsement, schedule, claims, and coverage records; monitor key terms, limits, deductibles, exclusions, and requirements.
- Support claims management with brokers, insurers, adjusters, and internal business units.
- Assist with insurance policies, procedures, controls, and due diligence for transactions, projects, contracts, and strategic initiatives.
Enterprise Risk Management (ERM)
- Support the Company’s ERM framework, including risk identification, assessment, mitigation, monitoring, reporting, and related governance activities.
- Partner with business functions to define risk appetite, evaluate mitigation strategies, strengthen controls, and support risk reporting to management and other stakeholders.
Surety Program
- Support management of the Company’s surety program, including bonds, letters of credit, collateral requirements, capacity planning, renewals, and related financial assurance obligations.
- Coordinate with surety brokers, underwriters, governmental institutions, and internal stakeholders regarding bonding requirements, capacity, documentation, and approvals.
- Maintain accurate records of outstanding bonds, collateral, obligations, and related financial assurance requirements.
- Assist with surety-related due diligence for acquisitions, divestitures, projects, contracts, and strategic initiatives.
Business Unit, Broker & External Partner Support
- Advise business units on insurance, indemnification, financial assurance, certificates, contractual requirements, and risk-transfer matters.
- Partner with Legal, Finance, Treasury, Operations, Procurement, Accounting, and other functions on risk-related initiatives.
- Build productive relationships with brokers, carriers, underwriters, and external advisors.
- Coordinate meetings, information requests, renewals, program reviews, proposals, recommendations, and partner communications.
Financial & Strategic Analysis
- Support the Treasurer and Treasury organization on special projects, financial analyses, budgeting, forecasting, variance analysis, and strategic initiatives.
- Analyze insurance premiums, claims, deductibles, loss information, surety costs, collateral requirements, and other financial data to support business decisions.
EDUCATION & EXPERIENCE:
- Bachelor’s degree in Finance, Risk Management, Business, or a related field.
- Minimum of 5–10 years of relevant professional experience in risk management, insurance, finance, Treasury, accounting, or a related discipline, preferably in the oil and gas industry.
QUALIFICATIONS & SKILLS:
- Reliable, proactive, and able to manage multiple priorities, detailed procedures, and deadlines in a dynamic environment.
- Strong written and verbal communication skills, with experience collaborating across operating groups and external partners.
- Demonstrated experience interacting with insurance and surety brokers, underwriters, and internal stakeholders.
- Analytical, project-oriented problem solver with strong judgment, integrity, and commitment to professional development.
- Strong Microsoft Excel and PowerPoint skills.
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Skills Required
- Bachelor’s degree in Finance, Risk Management, Business, or a related field.
- 5-10 years of relevant professional experience in risk management, insurance, finance, Treasury, accounting, or a related discipline.
- Experience interacting with insurance and surety brokers, underwriters, and internal stakeholders.
- Strong written and verbal communication skills.
- Ability to manage multiple priorities, detailed procedures, and deadlines.
- Analytical, project-oriented problem-solving skills with strong judgment and integrity.
- Strong Microsoft Excel and PowerPoint skills.
- Experience in the oil and gas industry.
What We Do
Talos Energy (NYSE: TALO) is a technically driven independent exploration and production company focused on safely and efficiently maximizing cash flows and long-term value through its operations, currently in the United States Gulf of Mexico and offshore Mexico. As one of the U.S. Gulf of Mexico's largest public independent producers, we leverage decades of geology, geophysics and offshore operations expertise towards the acquisition, exploration, exploitation and development of assets in key geological trends that are present in many offshore basins around the world. Our activities in offshore Mexico provide high impact exploration opportunities in an oil rich emerging basin. For more information, visit www.talosenergy.com.
