What are the responsibilities and job description for the Senior/Manager, Model & AI Governance position at GEICO?
GEICO's 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 :
Basic Qualifications :
Preferred Qualifications :
Annual Salary
127,000.00 - $207,000.00
The 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 candidate's work experience, education and training, the work location as well as market and business considerations.
At this time, GEICO will not sponsor a new applicant for employment authorization for this position.
Benefits :
As an Associate, you'll enjoy our Total Rewards Program
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.
Salary : $127,000 - $207,000
