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Sr. Manager, AI Risk & Governance


Job Location:

Chicago, IL - USA

Yearly Salary: $ 140000 - 170000
Posted: 3 June 2026 (30+ days ago)
Application Deadline: 31 August 2026
Vacancies: 1 Vacancy
The job posting is outdated and position may be filled

Job Summary

Department:

Information Technology

Job Description:

As the Sr. Manager AI Risk Governance you will be the primary operator of the AI Systems Governance Program responsible for executing the AI Review Framework and ensuring consistent governance of AI Systems across The Mutual Group and its member insurance carriers.

This is a hands-on individual contributor role focused on AI governance and vendor AI risk with limited support to Cyber Privacy and IT Controls as needed. The role ensures AI governance activities are executed as a continuous control function.

Work Arrangement:

  • Employees who live within 30 miles of the TMG home office are expected to follow a hybrid or in-office schedule. The initial training period may require additional inoffice days.

Accountabilities:

AI Governance Execution (Core)

  • Own execution of the AI Review Framework

  • Ensure governance processes are consistent efficient and audit-ready

  • Execute AI governance activities through the AIS / Security Governance Team

Risk Assessment & Review

  • Perform AI risk classification (low mid high)

  • Assess:

    • Business impact

    • Customer and regulatory risk

    • Data sensitivity

  • Prepare governance recommendations for CIO CLO and AIS Committee

Vendor AI Governance (Primary Secondary Focus)

  • Own vendor AI governance execution including:

    • AI usage detection across vendor portfolio

    • FactSheet collection and review

  • Ensure vendor AI is properly routed through the AIS Program review process

  • Partner with Vendor Management on third-party risk alignment

Monitoring & Governance Support

  • Coordinate twice-annual AI system validations

  • Track:

    • Model updates

    • Control gaps and remediation

  • Ensure FactSheet updates trigger re-reviews

Multi-Member Coordination

  • Work with member carriers to:

    • Guide teams through AI governance requirements

    • Ensure consistent application of policies and standards

  • Support adoption of shared AI governance practices

Reporting & Documentation

  • Maintain:

    • AI inventory

    • Governance documentation and decision logs

  • Prepare materials for:

    • AIS Committee

    • Leadership reporting

Cross-Functional Coordination

  • Partner with:

    • AI / Data Science teams

    • Legal and Compliance

    • Vendor Management

  • Coordinate with Cyber / Privacy teams as needed not as primary owner

Qualifications:

  • 7 years in technology risk governance or compliance

  • Experience with AI governance model risk or vendor risk

  • Familiarity with NAIC NYDFS CCPA NIST CSF SOC 2

  • Experience with GRC tools (Archer ServiceNow OneTrust)

  • Strong execution and stakeholder coordination skills

Pay Range:

Anticipated Hiring Range:

  • $140000 - $170000 annual base salary depending on experience qualifications and geographic location

Benefits:

We are proud to offer our full-time regular employees a robust benefits suite that includes:

  • Competitive base salary plus incentive plans for eligible team members

  • 401(K) retirement plan that includes a company match of up to 6% of your eligible salary

  • Free basic life and AD&D long-term disability and short-term disability insurance

  • Medical dental and vision plans to meet your unique healthcare needs

  • Wellness incentives

  • Generous time off program that includes personal holiday and volunteer paid time off

  • Flexible work schedules and hybrid/remote options for eligible positions

  • Educational assistance

Equal Opportunity Employer

The Mutual Groupis an Equal Opportunity Employer. It is our policy to recruit hire train and promote individuals in all job classifications without regard to race color religion sex national origin age veteran status disability sexual orientation gender identity or any other characteristic protected by law.

Applicants requiring a reasonable accommodation due to a disability at any stage of the employment application process should contact.

Employment Verification

The Mutual Group participates in theE-Verifyprogram and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. You are protected fromemployment discriminationbased on your citizenship status and national origin.

E-Verify Program Overview

E-Verify Participation Poster

All offers of employment are contingent upon the successful completion of a background check.

#TMG


Required Experience:

Manager