AI Strategy and Portfolio Principal

Posted 7 Days Ago
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Randolph, IL, USA
In-Office
130K-189K Annually
Expert/Leader
Insurance
The Role
Leads enterprise AI strategy, portfolio management, governance, lifecycle oversight, financial management, and value measurement. Advises teams on AI technology selection, including foundation models, agents, RAG architectures, orchestration platforms, and evaluation tools. Establishes responsible AI processes, approval workflows, model governance frameworks, executive dashboards, and investment prioritization methods. Partners with FinOps, Procurement, Enterprise Architecture, Technology, and business leaders to optimize AI spending, manage risk, drive responsible adoption, and realize measurable business value through influence and cross-functional leadership.
Summary Generated by Built In
Job Description Summary:
This role is responsible for the enterprise management, governance, optimization, and value realization of Artificial Intelligence capabilities across the organization. Serving as the enterprise subject matter expert for AI portfolio management, model governance, AI technology selection, and Responsible AI practices, the role ensures AI investments align with strategic priorities, regulatory expectations, and business outcomes while maximizing return on investment and managing technology cost. This role serves as an enterprise advisor and governance leader, partnering across the organization to guide the responsible adoption, management, and optimization of emerging technologies and AI-enabled capabilities. Through influence and collaboration, the role helps ensure investments align to strategic priorities, appropriate governance practices are followed, risks are effectively managed, and measurable business value is realized.

Job Description

  • Enterprise AI Strategy & Portfolio Management. Own the enterprise AI product/project portfolio. Develop and maintain the enterprise AI portfolio strategy and AI capability maturity roadmap, prioritizing investments and balancing cost against value across initiatives. Establish the AI enablement process, support BCBSA teams with AI business cases, identify and eliminate duplicate AI capabilities across departments, and optimize enterprise AI spending. Applies enterprise thinking, strategic planning, investment prioritization, and cost-benefit and portfolio-optimization analysis to deliver the AI portfolio roadmap, executive portfolio dashboards, and a repeatable AI business case methodology.
  • AI Model Lifecycle Oversight. Act as operational lead and subject matter expert supporting the enterprise AI Review Board, ensuring responsible AI policies are followed within Technology Operations. Review AI use cases in support of business-team enablement, maintain the enterprise AI inventory, and define AI approval workflows for tool and model selection in collaboration with Enterprise Architecture and Enterprise Engineering. Govern models across their lifecycle by providing the frameworks and templates teams use to monitor the production model inventory, model applicability, drift, hallucination rates, and quality; review retraining schedules and retirement; and conduct periodic model reviews to ensure ongoing business fitness (this role provides oversight frameworks and does not itself perform statistical monitoring). Brings risk-assessment, data-governance, AI-security, model-evaluation, and performance-measurement discipline, and uses facilitation and consensus-building to align stakeholders on model management decisions.
  • AI Financial Management & Value Measurement. Partner with FinOps to bring financial and value transparency to the AI portfolio. Report on AI operating expenses, token and GPU utilization, and cost avoidance; recommend approaches to optimizing LLM usage costs and forecasting AI spend; support development of AI chargeback models; support enterprise AI licensing with Procurement; and develop and report key AI usage metrics (e.g., cost per transaction, per employee, and per AI interaction). Define and recommend methods to measure financial, operational, employee-productivity, including (for e.g.) time saved, reduced administrative burden, and indirect provider and member experience gains. Applies financial modeling, cost-benefit analysis, KPI development, and executive reporting so leadership dashboards can answer where the organization is investing, what value it is getting, which AI initiatives are succeeding, and which should stop.
  • AI Technology Advisory & Architecture Guidance. Serve as internal consultant helping business and technology teams select the right AI solution collaborating with key stakeholders evaluating foundation models, commercial and open-source large language models, AI agents and agent frameworks, RAG architectures, AI orchestration and prompt-management platforms, and AI evaluation tooling. Collaborates with partners across technology, including, AI architecture, cloud AI platform, model-evaluation, API-integration, and AI-security expertise to provide, defensible recommendations to business teams
  • Cross-functional Leadership & Stakeholder Partnership. Lead by influence across the enterprise, partnering with business leaders and other key stakeholders to advance responsible, value-driven AI adoption. Uses influencing-without-authority, consensus-building, negotiation, change-management, facilitation, and executive-presentation skills, together with program-leadership discipline, to align diverse stakeholders and drive enterprise outcomes without direct reporting authority.

The posting range for this position is:

130,300.00 - 188,950.00

Qualifications:
Education

  • Required BS ; or equivalent experience
  • Preferred MS

Experience

  • Required 10+ Years 10+ years of experience in enterprise technology strategy, governance, portfolio management, or related disciplines
  • 5+ years AI, analytics, or machine learning leadership experience
  • Experience managing enterprise technology portfolios
  • Experience leading cross-functional initiatives
  • Experience presenting to executive leadership
  • Experience managing strategic technology investments
  • Experience in the healthcare or payer industry

Knowledge Skills and Abilities

  • Ability to translate complex AI concepts into clear business terms for executive audiences, and to influence and build consensus without direct authority.

Strong understanding of:

  • Generative AI, large language models, machine learning, AI agents, and foundation models
  • RAG architectures and prompt engineering concepts
  • Model lifecycle management and model governance
  • Enterprise architecture, technology strategy, and portfolio management
  • Analytical and financial-modeling

Preferred Skills:

  • Cloud AI platforms: Microsoft Azure AI, Amazon Web Services AI services, and Google Cloud Vertex AI
  • Foundation models: OpenAI, Anthropic Claude, Google Gemini, and Meta Llama
  • AI gateway technologies, AI observability platforms, and model monitoring tools
  • AI FinOps and technology portfolio management
  • Enterprise Architecture and Agile portfolio management
  • Healthcare interoperability, AI procurement, and third-party model evaluation

Certifications & Licenses

  • Preferred: Certified Project Management Professional (PMP) - PMI
  • Preferred: Microsoft Certified: Azure AI Engineer Associate - Microsoft

#LI_HYBRID

The posted salary range is the lowest to highest salary we, in good faith, believe we would pay for this role at the time of this postingWe may ultimately pay more or less than the hiring range and this hiring range may also be modified in the future. A candidate’s position within the hiring range may be based on several factors including, but not limited to, specific competencies, relevant education, qualifications, certifications, relevant experience, skills, seniority, performance, shift, travel requirements, and business or organizational needs. This job is also eligible for annual bonus incentive pay. 

We offer a comprehensive package of benefits including paid time off, 11 holidays, medical/dental/vision insurance, generous 401(k) matching, lifestyle spending account and many other benefits to eligible employees. 

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law. 

 

Skills Required

  • Bachelor’s degree or equivalent experience
  • 10+ years of experience in enterprise technology strategy, governance, portfolio management, or related disciplines
  • 5+ years of AI, analytics, or machine learning leadership experience
  • Experience managing enterprise technology portfolios
  • Experience leading cross-functional initiatives
  • Experience presenting to executive leadership
  • Experience managing strategic technology investments
  • Experience in the healthcare or payer industry
  • Ability to translate complex AI concepts into clear business terms and build consensus without direct authority
  • Strong understanding of generative AI, large language models, machine learning, AI agents, and foundation models
  • Strong understanding of RAG architectures and prompt engineering concepts
  • Strong understanding of model lifecycle management and model governance
  • Strong understanding of enterprise architecture, technology strategy, portfolio management, analytical modeling, and financial modeling
  • Master’s degree
  • Experience with Microsoft Azure AI, Amazon Web Services AI services, and Google Cloud Vertex AI
  • Experience with OpenAI, Anthropic Claude, Google Gemini, and Meta Llama foundation models
  • Experience with AI gateway technologies, AI observability platforms, and model monitoring tools
  • Experience with AI FinOps, technology portfolio management, enterprise architecture, and Agile portfolio management
  • Experience with healthcare interoperability, AI procurement, and third-party model evaluation
  • Certified Project Management Professional (PMP) certification
  • Microsoft Certified: Azure AI Engineer Associate certification
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The Company
HQ: Chicago, IL
3,161 Employees
Year Founded: 1910

What We Do

Blue Cross Blue Shield Association is a national federation of 34 independent, community-based and locally operated Blue Cross and Blue Shield companies that collectively provide health care coverage for one in three Americans. BCBSA provides health care insights through The Health of America Report series and the national BCBS Health Index.

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