Manager, Model & AI Governance
Manager, Model & AI Governance
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$ 108650 - 189625
1 Vacancy
Job Description
GEICOs Model & AI Governance team is seeking a Senior Manager. This role is pivotal in the development and advancement of our Model & AI Systems governance framework. The successful candidate will work in close collaboration with the Director of Model & AI Governance focusing on the development and implementation of governance standards risk identification and assessment and regulatory advisory. Understanding of insurance Model and AI risk governance is essential along with the ability to collaborate across functions to enhance model risk management practices.
Location: This is a hybrid role requiring on-site presence for three days per week at one of our office locations in Chevy Chase MD; Chicago IL; Dallas TX; or New York NY.
Responsibilities:
Governance Compliance and Process Improvement:
- Develop maintain and operationalize standards for Model & AI Governance in alignment with Policy regulatory requirements industry standards and organizational needs.
- Collaborate with business teams to identify model use risk and propose effective mitigation strategies.
- Conduct ongoing reviews of the regulatory landscape assessing insurance compliance with regulatory requirements and expectations.
- Prepare and present Model & AI Governance reports and analyses to Insurance Regulators and Senior Leadership.
- Proactively identify opportunities for framework improvements and enhancements.
Communication and Presentation:
- Prepare and review periodic and ad hoc presentations for various stakeholders.
- Clearly and effectively communicate model risk events issues and processes.
Basic Qualifications:
- Bachelors degree in Business Risk Management Computer Science Engineering Information Systems or other relevant discipline.
- Minimum of 5 years of hands-on experience in Model and/or AI Risk governance risk management AI principles preferably in a consulting environment or Financial services industry.
- Ability to stay updated with industry trends and AI regulatory requirements and quickly adapt to AI methodologies.
- Strong knowledge of regulatory requirements and industry best practices in model risk management.
- Excellent attention to detail and good written and oral communication skills.
- Ability to thrive in a fast-paced dynamic environment with competing priorities.
Preferred Qualifications:
- Masters degree in a quantitative discipline (CPA CFE CIA or other certifications are a plus).
- Experience in Model & AI Development Validation or Implementation.
- Familiarity with GenAI/LLM / RAG.
Annual Salary
$108650.00 - $189625.00The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include but are not limited to the scope and responsibilities of the role the selected candidates work experience education and training the work location as well as market and business considerations.
The GEICO Pledge:
Great Company:At GEICO we help our customers through lifes twists and turns. Our mission is to protect people when they need it most and were constantly evolving to stay ahead of their needs.
Were an iconic brand that thrives on innovation exceeding our customers expectations and enabling our collective success. From day one youll take on exciting challenges that help you grow and collaborate with dynamic teams who want to make a positive impact on peoples lives.
Great Careers:We offer a career where you can learn grow and thrive through personalized development programs created with your career and your potential in mind. Youll have access to industry leading training certification assistance career mentorship and coaching with supportive leaders at all levels.
Great Culture:We foster an inclusive culture of shared success rooted in integrity a bias for action and a winning mindset. Grounded by our core values we have an an established culture of caring inclusion and belonging that values different perspectives. Our teams are led by dynamic multi-faceted teams led by supportive leaders driven by performance excellence and unified under a shared purpose.
As part of our culture we also offer employee engagement and recognition programs that reward the positive impact our work makes on the lives of our customers.
Great Rewards:We offer compensation and benefits built to enhance your physical well-being mental and emotional health and financial future.
- Comprehensive Total Rewards program that offers personalized coverage tailor-made for you and your familys overall well-being.
- Financial benefits including market-competitive compensation; a 401K savings plan vested from day one that offers a 6% match; performance and recognition-based incentives; and tuition assistance.
- Access to additional benefits like mental healthcare as well as fertility and adoption assistance.
- Supports flexibility- We provide workplace flexibility as well as our GEICO Flex program which offers the ability to work from anywhere in the US for up to four weeks per year.
The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race color religious creed national origin ancestry age gender pregnancy sexual orientation gender identity marital status familial status disability or genetic information in compliance with applicable federal state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.
GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.
Required Experience:
Manager
Employment Type
Full-Time
