Job Purpose :-

To establish and operate an enterprisewide AI Governance framework that ensures Artificial Intelligence systems across BGIL are responsibly adopted, riskclassified, approved, monitored, and auditable, in alignment with Group practices, the Company’s risk appetite, regulatory obligations, and governance standards, while enabling effective senior management and Board oversight of AIrelated risks.

PRINCIPAL ACCOUNTABILITIES

1. AI Governance Framework & Lifecycle Oversight
- Establish, maintain, and continuously enhance the AI Governance framework covering the full AI lifecycle, including usecase identification, approval, deployment, monitoring, change management, suspension, and decommissioning.
- Conduct pre-deployment AI risk assessment and define model documentation standards
- Ensure a comprehensive enterprise inventory of AI systems, including machine learning, generative AI, autonomous systems, orchestration layers, hybrid decision engines, and AI embedded in thirdparty products.
- Work in close coordination with Business Heads, Head – IT,



Head – Data Governance, Business Functions, DPO, Legal, and Compliance to ensure governance requirements are embedded consistently across AI initiatives.

2. AI Risk Classification, Approvals & Escalation
- Define and operate a riskbased AI classification framework (Low / Medium / High) based on customer impact, regulatory sensitivity, degree of autonomy, and materiality.
- Define prohibited/restricted AI use cases. Also incorporate human in the loop Vs autonomous decision classification.
- Establish approval thresholds, governance signoffs, and escalation triggers for AI use cases, including formal decision rights for suspension or emergency stop of highrisk AI.
- Escalate material AI risks, incidents, and repeated control failures to appropriate Risk Forums, ERMC, and Board Committees.

3. Governance Integration with Enterprise Risk Frameworks
- Integrate AI governance requirements into overall Enterprise Ri

📌 Head – AI Governance (Pune)
🏢 Bajaj General Insurance
📍 Pune