Senior/Data and AI Risk Manager in London

Senior/Data and AI Risk Manager in London

London Full-Time 60000 - 84000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Enhance risk management using data, analytics, and AI to identify key risks.
  • Company: Join Marsh McLennan, a global leader in risk and strategy.
  • Benefits: Enjoy professional development, flexible working, and a vibrant culture.
  • Why this job: Make an impact by driving innovative risk solutions with cutting-edge technology.
  • Qualifications: Experience in data analytics and understanding of AI risk governance.
  • Other info: Collaborate with diverse teams and enjoy excellent career growth opportunities.

The predicted salary is between 60000 - 84000 Β£ per year.

We are seeking a talented individual to join our Risk Team in Marsh McLennan. This role will be based in our London office. This is a hybrid role that has a requirement of working at least three days a week in the office.

You will play an active role in enhancing the Risk Function's use of data, analytics and AI in the identification and assessment of key risks, thereby championing a data-led approach to risk management. This will involve working with the team as well as senior functional and business stakeholders to help identify and utilise a breadth of data sources.

This is a great opportunity to join:

  • A truly global organisation that can offer learning and ongoing career development opportunities.
  • A highly skilled Risk team that partners with the business to balance achieving its growth ambitions whilst managing risks.
  • A Risk Function that strives to continuously improve and innovate and learn from each other.

You will support a number of enhancement activities, working closely with the Deputy Chief Risk Officer and the wider team. The role will therefore come with plenty of variety and opportunity to learn as well as share your own industry experience. Flexible working based in the London office and occasional UK travel may be required.

We will rely on you to:

  • Work closely with the Deputy Chief Risk Officer, and the wider Risk team, to deliver and help enhance the Enterprise Risk Management framework and associated processes.
  • Identify opportunities for improving the use of data within the Risk Function, to provide insights on areas of concern, incidents, increased risk exposure and instances where process and controls require improvement.
  • Utilise AI, including MMC's instance of ChatGPT, to improve the quality and efficiency of risk management activities for the first and second line, developing practical solutions.
  • Provide a Risk Function view on AI Risk Governance, including in response to evolving regulatory expectations and industry developments in this space.
  • Share your own insights on the key risks facing Marsh McLennan in the UK.
  • Lead RCSA (Risk & Control Self Assessment) meetings and other engagements with the business and/or functions.
  • Produce high quality, targeted risk reporting for Committees and Executives.
  • Support on various Risk Management deep dives/projects, e.g. M&A, control enhancements, and other strategic opportunities as may arise.
  • Promote upskilling in analytics and AI across the Risk team and the business through targeted training, practical playbooks and joint working sessions with data and legal teams.
  • Support the wider Marsh McLennan Risk agenda as needed by working closely with Compliance and other colleagues in the UK and globally.

What you need to have:

  • Practical experience in data analytics (ideally in a risk management related environment).
  • Ability to analyse complex data sets to identify trends.
  • Proficient in the practical use of LLMs/ChatGPT, including effective prompt engineering.
  • Understanding of AI risk governance frameworks and relevant evolving regulations.
  • Ability to work effectively with a range of stakeholders.

What makes you stand out:

  • Risk Management, AI or Data Analytics related qualifications.
  • Experience using data and analytics to inform risk decisions.
  • Experience in the insurance or insurance broking industry and/or Investment management industry.

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Senior/Data and AI Risk Manager in London employer: Marsh & McLennan Companies, Inc.

At Marsh McLennan, we pride ourselves on being an exceptional employer, offering a vibrant and inclusive work culture that fosters professional growth and collaboration. Our London office provides a dynamic environment where you can engage with talented colleagues while benefiting from flexible working arrangements and a commitment to continuous learning in the fields of data, analytics, and AI. Join us to make a meaningful impact in risk management and enjoy a range of career opportunities within a global leader in the industry.
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Contact Detail:

Marsh & McLennan Companies, Inc. Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Senior/Data and AI Risk Manager in London

✨Tip Number 1

Network like a pro! Reach out to people in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Tailor your answers to show how your skills in data and AI risk management align with their goals.

✨Tip Number 3

Practice makes perfect! Do mock interviews with friends or use online platforms to get comfortable with common questions and scenarios related to risk management.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive!

We think you need these skills to ace Senior/Data and AI Risk Manager in London

Data Analytics
AI Risk Governance
Prompt Engineering
Risk Management
Stakeholder Engagement
Predictive Modelling
Key Risk Indicators (KRIs)
Regulatory Compliance (NIST AI RMF, EU AI Act, GDPR)
Risk Reporting
Control Enhancements
Training and Upskilling in Analytics and AI
Problem-Solving Skills
Communication Skills
Adaptability

Some tips for your application 🫑

Tailor Your CV: Make sure your CV is tailored to the Senior/Data and AI Risk Manager role. Highlight your experience with data analytics, AI, and risk management. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention any relevant projects or experiences that showcase your expertise.

Showcase Your Data Skills: Since this role involves a lot of data and AI, be sure to highlight any practical experience you have in these areas. Whether it's using LLMs or analysing complex datasets, we want to know how you've used these skills in real-world scenarios.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team!

How to prepare for a job interview at Marsh & McLennan Companies, Inc.

✨Know Your Data

Make sure you brush up on your data analytics skills before the interview. Be prepared to discuss how you've used data to identify trends and inform risk decisions in the past. This role is all about enhancing the Risk Function's use of data, so showing your practical experience will definitely impress.

✨Familiarise with AI Governance

Since this position involves AI risk governance, it’s crucial to understand frameworks like NIST AI RMF and the EU AI Act. Do some research on these regulations and be ready to share your insights on how they impact risk management. This shows that you're not just knowledgeable but also proactive about industry developments.

✨Engage with Stakeholders

This role requires working closely with various stakeholders, so practice articulating your thoughts clearly and confidently. Think of examples where you've successfully engaged with different teams or senior management. Highlighting your communication skills will demonstrate your ability to drive engagement effectively.

✨Prepare for RCSA Discussions

Since you'll be leading RCSA meetings, it’s a good idea to prepare by reviewing what makes a successful risk assessment. Familiarise yourself with common challenges and best practices in risk and control self-assessments. Being able to discuss these topics will show that you’re ready to take on the responsibilities of the role.

Senior/Data and AI Risk Manager in London
Marsh & McLennan Companies, Inc.
Location: London
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