Senior/Data and AI Risk Manager

11 Days Old

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

Overview

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, championing a data‑led approach to risk management. The role involves working with senior functional and business stakeholders to identify and utilise a breadth of data sources.

What we offer you

  • A truly global organisation that offers learning and ongoing career development opportunities.
  • A highly skilled Risk team that partners with the business to balance growth ambitions while managing risks.
  • A Risk Function that continuously improves, innovates, and learns from each other.
  • Flexible working based in the London office; occasional UK travel may be required.

Responsibilities

  • Work closely with the Deputy Chief Risk Officer and the wider Risk team to deliver and 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 process/controls requiring improvement.
  • Utilise AI, including MMCs instance of ChatGPT, to improve the quality and efficiency of risk management activities for the first and second line, developing practical solutions for identification, assessment, monitoring, remediation and reporting on risks and controls.
  • Provide a Risk Function view on AI Risk Governance, including responses to evolving regulatory expectations and industry developments (e.g., NIST AI RMF, EU AI Act, GDPR).
  • Share insights on key risks facing Marsh McLennan in the UK, incorporating meeting insights.
  • Lead RCSA (Risk & Control Self Assessment) meetings and other ad‑hoc engagements with the business and/or functions, ensuring risk registers have quality information on risks, controls and actions.
  • Produce high‑quality, targeted risk reporting for Committees and Executives, including narratives suitable for senior audiences.
  • Support various Risk Management deep dives/projects, e.g., M&A, control enhancements, strategic opportunities as they arise.
  • Promote upskilling in analytics and AI across the Risk team and business through targeted training, playbooks and joint sessions with data and legal teams.
  • Support the wider Marsh McLennan Risk agenda in collaboration with Compliance and other colleagues globally.

Requirements

  • Practical experience in data analytics (ideally in a risk‑management environment). Ability to analyse complex data sets and identify trends.
  • Proficient in practical use of LLMs/ChatGPT, with effective prompt engineering, to improve processes and quality.
  • Understanding of AI risk governance frameworks and relevant evolving regulations (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., building or overseeing predictive models, designing 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

  • Professional development opportunities, interesting work and supportive leaders.
  • Vibrant inclusive culture allowing creation of new solutions and impact for colleagues, clients and communities.
  • Our scale provides a range of career opportunities, benefits and rewards to enhance wellbeing.

Company

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com or follow on LinkedIn and X.

Equal Opportunities

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment and is an equal opportunities employer. We provide reasonable adjustments for candidates with disabilities and are committed to hybrid work with at least three days onsite per week.

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Location:
Greater London, England, United Kingdom
Salary:
£150,000 - £200,000
Job Type:
FullTime
Category:
Finance

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