The Mutual Group Finance/FinTech

Sr. Director, AI & Technology Risk Governance

Remote Full-time

Location: Iowa - TMG Home Office

Department

Information Technology

Lead the enterprise AI Systems Governance Program, with core accountability for governing AI Systems across The Mutual Group and its member insurance carriers. This role operates under delegated authority from the CIO to execute the AIS Program and leads the AIS / Security Governance Team, which assumes responsibility for AI governance activities defined in the AIS Program, while the CIO retains final approval authority.

The role is responsible for ensuring that AI Systems used across multiple member organizations (insurance carriers) are governed consistently, responsibly, and in alignment with regulatory expectations. This includes working closely with member teams to assess, approve, monitor, and continuously improve AI usage in support of their business objectives.

In addition to AI Systems Governance, the role provides oversight across Cyber Security Governance, Data Privacy, and IT Controls to ensure a cohesive Technology Risk framework.

Work Arrangement

Employees who live within 30 miles of the TMG home office are expected to follow a hybrid or in-office schedule. The initial training period may require additional in‑office days.

Accountabilities

AI Systems Governance Leadership (Primary Focus)

  • Own and operate the AI Systems Governance Program across the full lifecycle:
  • Intake, risk assessment, approval, monitoring, and retirement
  • Lead the AIS / Security Governance Team, responsible for executing AI governance activities defined in the AIS Program, including:

AI Risk Threshold Analysis

  • AI system review and risk classification
  • Governance recommendations for approval and escalation
  • Ensure governance is executed as a continuous control function, with ongoing validation, monitoring, and improvement
  • Partner with business and AI teams to ensure governance enables responsible AI adoption, not just compliance

Multi-Member Governance Model

Establish and operationalize a shared AI governance model across multiple member insurance carriers

Ensure consistent application of

AI policies, standards, and controls

Risk classification and escalation frameworks

Partner with member organizations to

  • Understand AI use cases and business objectives
  • Align governance with member-specific regulatory and risk requirements
  • Support adoption of best practices, playbooks, and controls across members
  • Drive consistency in AI inventory, reporting, and monitoring across all members

Risk Oversight & Decisioning

  • Provide executive oversight of AI risk assessments and governance decisions
  • Review and approve low-risk AI systems; escalate mid/high-risk systems to CLO and AIS Committee
  • Exercise judgment in risk classification ambiguity and escalation decisions

Ensure appropriate governance for

  • Predictive models impacting underwriting, claims, and pricing
  • Customer-facing AI use cases
  • AI systems leveraging sensitive or regulated data

Monitoring, Controls & Assurance

Oversee ongoing monitoring and validation of AI Systems, including

Model performance

Drift and bias detection

Ensure AI Systems continue to meet

Regulatory expectations

Ethical and fairness standards

Oversee effectiveness of

  • Cyber security controls (NIST CSF, NYDFS)
  • IT general controls and risk register
  • Data privacy safeguards (CCPA, IT lens)

Drive readiness for

Internal audit and regulatory exams

External certifications (SOC 2)

Vendor & Third-Party AI Governance

Oversee vendor-wide AI governance across the enterprise and member organizations

Ensure execution of

Vendor AI detection across the full vendor portfolio

FactSheet review, validation, and updates

Partner with Vendor Management and member teams to

Ensure vendors meet contractual, regulatory, and AI governance requirements

Support member-specific vendor risk needs

Governance, Reporting & Incident Management

Lead AIS Committee engagement and Board-level reporting

Provide bi-annual updates on

  • AI risk posture
  • Cyber and technology risk posture
  • Ensure consistent and transparent reporting across member organizations

Oversee governance of AI-related incidents and anomalies, including

Cross-functional coordination

Escalation and remediation

Broader Technology Risk Governance

Establish unified governance across

Cyber Security Governance

  • Data Privacy (IT lens)
  • IT General Controls and risk register
  • Ensure alignment between AI governance and broader Technology Risk frameworks

Cross-Functional Coordination

Collaborate closely with technology and business teams across the organization

Ensure effective coordination with the Architecture Review Board (ARB) where architectural alignment is required

Team Leadership

  • Build and lead a high-performing governance team
  • Set operating cadence, priorities, and performance expectations
  • Foster a service-oriented mindset focused on enabling member organizations

Qualifications

  • 12+ years in technology risk, AI governance, cyber risk, or enterprise risk
  • Experience operating in regulated environments (insurance or financial services preferred)
  • Experience working in multi-entity / shared services / multi-carrier environments
  • Deep understanding of AI Systems governance and model risk

Strong familiarity with

NAIC AI Model Bulletin

NYDFS Cybersecurity Regulation

CCPA

NIST CSF and NIST AI RMF

SOC 2

Experience with vendor risk management

Experience with GRC platforms (e.g., Archer, ServiceNow, OneTrust)

Strong executive communication, influencing, and leadership skills

Pay Range

Anticipated Hiring Range

$180,000 - $220,000 annual base salary depending on experience, qualifications, and geographic location

Benefits

  • We are proud to offer our full-time regular employees a robust benefits suite that includes:
  • Competitive base salary plus incentive plans for eligible team members
  • 401(K) retirement plan that includes a company match of up to 6% of your eligible salary
  • Free basic life and AD&D, long-term disability and short-term disability insurance
  • Medical, dental and vision plans to meet your unique healthcare needs

Wellness incentives

Generous time off program that includes personal, holiday and volunteer paid time off

Flexible work schedules and hybrid/remote options for eligible positions

Educational assistance

Bot-Filtering Mechanism

The Mutual Group uses a bot-filtering mechanism as part of its recruiting and hiring process. As a result, automated job applications or submissions may be rejected.

Equal Opportunity Employer

The Mutual Group is an Equal Opportunity Employer. It is our policy to recruit, hire, train and promote individuals in all job classifications without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or any other characteristic protected by law.

Know Your Rights: Workplace Discrimination is Illegal

Your Rights Under USERRA

Applicants requiring a reasonable accommodation due to a disability at any stage of the employment application process should contact [email protected].

Employment Verification

The Mutual Group participates in theE-Verify program and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. You are protected from employment discrimination based on your citizenship status and national origin.

E-Verify Program Overview

E-Verify Participation Poster

All offers of employment are contingent upon the successful completion of a background check.

#TMG

Additional Locations: Remote US

Job description provided by The Mutual Group.
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