Senior/Data and AI Risk Manager

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 (e.g., taking into account NIST AI RMF, EU AI Act, GDPR).
• Share your own insights on the key risks facing Marsh McLennan in the UK, taking into account your insights from meetings with the business.
• Lead RCSA (Risk & Control Self Assessment) meetings and other (ad-hoc) engagements with the business and/or functions and take an active role in ensuring the risk registers have been updated with quality information on the risks, controls and actions.
• Produce high quality, targeted risk reporting for Committees and Executives, including well-articulated narratives on key risks, updates on the status of risks, controls and actions.
• 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, but this is not necessary).
• Ability to analyse complex data sets to identify trends.
• Proficient in the practical use of LLMs/ChatGPT, including effective prompt engineering, to improve processes and quality.
• Understanding of AI risk governance frameworks and relevant evolving regulations (e.g., NIST AI RMF, EU AI Act, GDPR).
• Ability to work effectively with a range of stakeholders, with sufficient experience to drive engagement and competency in utilising AI and data analytics in risk management.

What makes you stand out:

• Risk Management, AI or Data Analytics related qualifications.
• Experience using data and analytics to inform risk decisions (e.g., build or oversee predictive models, design KRIs/early warning indicators, or data-driven thematic reviews).
• 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 and have impact for colleagues, clients and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.