Audit Consultant I/Consultant II
At Allstate, great things happen when our people work together to protect families and their belongings from life's uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers' evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.
Job Description
The Audit Consultant I supports the execution of audits with a growing level of independence, contributing to audit planning, detailed control testing, and development of audit findings, while also ensuring compliance with professional standards and SOX requirements. This role partners with business stakeholders to assess operational risks and evaluate the design and effectiveness of internal controls while developing subject matter knowledge in key business processes and .
The consultant begins applying foundational data analysis and leveraging automation tools and emerging technologies like generative AI to enhance audit efficiency. This role also promotes a forward-thinking approach to risk assessment and gains exposure to Agile-based auditing practices-positioning them to support a modern, evolving internal audit function.
Key Responsibilities
Independently perform control testing for assigned audit areas, applying audit procedures appropriate to the process or control being reviewed.
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Use structured judgment to identify and document potential exceptions and gaps in control execution.
Coordinate walkthroughs with subject matter experts and validate understanding through documented process flows.
Draft audit testing procedures, checklists, or work programs tailored to assigned business processes.
Analyze structured data sets to identify trends or indicators of control weaknesses.
Apply audit logic to emerging tools, such as generative AI, to support tasks like summarizing audit results or drafting test procedures.
Participate in developing risk hypotheses during audit planning, linking regulatory or operational risks to potential control failure scenarios.
Draft audit findings using standard templates, clearly referencing supporting evidence and explaining potential impacts.
Communicate preliminary findings and control observations to team leads and incorporate feedback to refine language, scope, or severity.
Manage evidence collection and follow-ups using collaboration or project tracking tools.
Support Agile-based audit execution by tracking testing progress, updating documentation, and communicating blockers.
Education
4 year Bachelors Degree (Preferred)
Experience
2 or more years of experience (Preferred)
Supervisory Responsibilities
This job does not have supervisory duties.
Education & Experience (in lieu)
* In lieu of the above education requirements, an equivalent combination of education and experience may be considered.
Certifications:
Core certifications (CPA, CA, CISA, CIA, or CFE) are preferred for this role, and must be obtained within 18 months if not already held.
Travel Requirements
Minimal travel required (approximately 15%).
Primary Skills
Shift Time
Shift C (India)
Recruiter Info
Ms. Vibha Chaturvedi
vaaa6@allstate.com
About Allstate
Joining our team isn't just a job - it's an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger - a winning team making a meaningful impact.
The Allstate Corporation is one of the largest publicly held insurance providers in the United States. Ranked No. 84 in the 2023 Fortune 500 list of the largest United States corporations by total revenue, The Allstate Corporation owns and operates 18 companies in the United States, Canada, Northern Ireland, and India. Allstate India Private Limited, also known as Allstate India, is a subsidiary of The Allstate Corporation. The India talent center was set up in 2012 and operates under the corporation's Good Hands promise. As it innovates operations and technology, Allstate India has evolved beyond its technology functions to be the critical strategic business services arm of the corporation. With offices in Bengaluru and Pune, the company offers expertise to the parent organization's business areas including technology and innovation, accounting and imaging services, policy administration, transformation solution design and support services, transformation of property liability service design, global operations and integration, and training and transition.
Learn more about Allstate India here.
Perks and Benefits
Health and Wellness
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Long-Term Disability
- Short-Term Disability
- HSA
- FSA
- Mental Health Benefits
- On-Site Gym
- Pet Insurance
- Virtual Fitness Classes
- Health Reimbursement Account
Parental Benefits
- Non-Birth Parent or Paternity Leave
- Birth Parent or Maternity Leave
- Adoption Leave
- Family Support Resources
- Adoption Assistance Program
Work Flexibility
- Remote Work Opportunities
- Hybrid Work Opportunities
- Work-From-Home Stipend
- Four-Day Work Week
Office Life and Perks
- Commuter Benefits Program
- Casual Dress
- On-Site Cafeteria
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Leave of Absence
Financial and Retirement
- 401(K)
- 401(K) With Company Matching
- Pension
- Financial Counseling
- Relocation Assistance
Professional Development
- Tuition Reimbursement
- Access to Online Courses
- Internship Program
- Promote From Within
- Mentor Program
- Lunch and Learns
- Leadership Training Program
- Associate or Rotational Training Program
Diversity and Inclusion
- Employee Resource Groups (ERG)
- Diversity, Equity, and Inclusion Program
Company Videos
Hear directly from employees about what it is like to work at Allstate.