Data and Responsible AI Risk Lead

Excllent opportunity to join Admiral as Data and Responsible AI Risk Lead!

This is a key role that sits within our 2nd line Risk and Compliance Function responsible for Risk oversight across Admiral's UK Insurance business.

In this role you will be responsible for leading the 2nd line oversight and challenge of Risk management in context of all aspects of Data Governance and Artificial intelligence (AI) including GenAI, Machine Learning, Large Language Models, Deep Learning, Natural Language Processing and Data Science. This is a newly created role for the UK insurance business and an exciting opportunity to help develop the mechanisms that will ensure that the UK Insurance business continues to effectively manage Data and AI Risks.

The role will be reporting to the UK Insurance Head of Risk and working very closely with the 2nd line areas, whilst building effective relationships with both line 1 business areas and the Group risk, compliance and data protection teams. You will play a key role in ensuring that senior stakeholders within the UK insurance business have the right information to enable informed risk decisions.

The Role

• Promote and embed EUI's and Admiral's Enterprise Risk Management Frameworks (ERMF) processes, awareness and understanding across the UK Insurance Business.
• Be responsible for 2nd line oversight and challenge of Data and AI risks across EUI, ensuring the business proactively identifies, manages, mitigates and monitors current and emerging risks in line with the UK Insurance Risk Appetite, Group Risk Policies and the Enterprise Risk Management Framework.
• Oversight and challenge of the business's adherence to the EUI Risk Appetite for Data and AI Risks, ensuring the process is owned by relevant Line 1 teams and contributing to the annual refresh of the EUI Risk Appetite for approval by EUI Board.
• Responsible for second line risk assessments of the key Data and AI risks and controls across the UK Insurance business, identifying, assessing, escalating and reporting on potential risks and issues to Admiral.
• Providing review and challenge for EUI change projects related to Data and AI via steering committee membership or undertaking project risk reviews.
• Assess the impact of Data and AI change within the business to Admiral's risk profile, ensuring timely identification of key themes and emerging risks, issues and exposure, and providing recommendations to management to mitigate and resolve potential issues.
• Promoting Data & AI risk governance and management as part of the wider Enterprise Risk Management (ERM) processes, improving awareness and understanding across the EUI to minimise the potential impacts upon the business.
• Developing and coaching team members to enable them to develop their knowledge and skills.
• Leading on the development, modification and review of all EUI level Data & AI risk policies and standards ensuring alignment with the risk appetite statements.
• Maintaining awareness of legal and regulatory requirements on managing Data & AI risk, keeping up to date on current industry practices and implement change where needed within the development plan.
• Producing reports and recommendations on Data & AI risk topics as required for EUI Committees/Board.
• Providing advice to guide and support new propositions, products or areas of business expansion.

Key Skills, Qualifications and Experience Essential:

• Subject Matter expertise - Data Governance and AI industry frameworks/regulations allowing you to be recognised as an expert within the business.
• You will have extensive experience in a Data & AI risk/governance
• A proactive, forward-thinking and inquisitive mind with attention to detail.
• Initiative and the ability to introduce fresh thinking to the role and the wider Risk and Compliance team.
• Excellent communication skills (both written and verbal) and stakeholder management.
• Excellent interpersonal and influencing skills and Planning and Organising skills.

Desirable:

• Experience working within a regulated environment such as the financial services/Insurance sector.
• Hold one or more relevant Data or AI qualifications/certifications.
• Familiarity and experience implementing an Enterprise Risk Management Framework.
• Information Security experience focusing on Data/AI would be beneficial
• Familiarity and experience implementing or overseeing data/AI governance and data/AI assurance.

Admiral: Where You Can

We take pride in being a diverse and inclusive business. It's a place where you can Be You, and show up as you are. We're committed to fostering a people-first culture where everyone is accepted, supported, and empowered to be brilliant. You can, Grow And Progress at a pace and direction that suits you, Make A Difference for our customers and each other, and Share in Our Future with all colleagues eligible for up to £3,600 of free shares each year after one year of service.

Everyone receives 33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays). You also have the option to buy or sell up to an additional five days of annual leave.

We're proud of our people-first culture. In fact, we've been recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years! We're fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics.

Our fantastic benefits make sure our colleagues have a great work-life balance; You can view some of our other key benefits here.