VP, AI Risk Manager

Job Description

Major initiatives are underway at Chubb to build on our strengths and expand Chubb's use of data, analytics and artificial intelligence. This means data-enriched processes, built in risk controls and real-time insights embedded across our footprint with a world-class customer experience that sets us apart.

The AI Risk Manager is a VP that plays a critical role in safeguarding the integrity and reliability of our Artificial Intelligence solutions. This expert is dedicated to identifying and managing risks throughout the AI lifecycle, from initial deployment to ongoing operation.

Responsibilities include ensuring our models remain robust and resilient, protecting sensitive data, and defending against emerging threats. The AI Risk Manager crafts and executes risk mitigation plans that not only meet regulatory standards but also reflect Chubb's commitment to governance.

By working closely with teams across the business, Global Data & Analytics, this role helps embed strong oversight and transparency into our AI practices. Additional responsibilities include tracking and reporting on key risk indicators, conducting independent risk assessments, and supporting audits and regulatory reviews, ensuring Chubb remains a trusted leader in a rapidly changing digital environment.

Key Responsibilities

• Ensure that AI initiatives align with Chubb's risk appetite, regulatory obligations, and enterprise-wide governance standards.
• Identify, assess, and continuously monitor risks related to AI models, including model and data drift, emerging threats, and privacy issues.
• Design and implement robust controls, such as model validation, explainability protocols, and secure data management to safeguard AI models.
• Ensure strict adherence to internal policies and external regulations (e.g., FFIEC, NIST AI RMF, EU AI Act), providing assurance to senior leadership and the Board.
• Facilitate and support audits and regulatory examinations, demonstrating Chubb's commitment to responsible AI and cybersecurity practices.
• Develop and present key risk indicators (KRIs) and metrics to senior leadership, risk committees, and the Board, enabling informed decision-making at the highest level.
• Provide objective review and credible challenge of Global Data & Analytics (AI) risk profiles, reinforcing governance and risk management frameworks.
• Define and communicate Chubb's organizational risk appetite for AI initiatives, ensuring alignment with senior leadership and Board priorities.
• Advise Global Data & Analytics, business and IT leaders on operational risk management policies, and standards for AI.
• Lead organizational AI risk initiatives to influence security posture and collaborate across Chubb in a dynamic risk environment.

Qualifications

• 7+ years in technology risk or cybersecurity, with at least 2 years focused on AI/GenAI/LLM/ML in Financial Services, Insurance or Tech.
• Deep expertise in AI lifecycle management, governance, risk appetite, and security implications.
• Familiarity with major risk management frameworks (NIST, ISO 27001, COBIT, FFIEC).
• Experience developing and evaluating AI, GenAI applications is a plus.
• Strong communication, leadership, and stakeholder management skills.
• Preferred certifications: CISSP, CISM, CISA, or similar.
• Financial designations a plus e.g., CFA, CPCU.

The pay range for the role is $159,400 to $270,700. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

About Us

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.