Operational Auditor (hybrid)

Date Opened: Oct 8, 2021

Location: Belfast, GB Derry/ Londonderry, GB Strabane, GB

Company: Allstate Insurance Company

About Us

 

The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.

 

You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.

 

Allstate operate a very flexible hybrid working policy that will allow you to design your working week in collaboration with your manager with a blend of remote and office working for NI based employees as well as condensed working patterns (4 day week/9 day fortnight). Employees based in GB will be employed on a permanent remote working contract.

 

Join our team and you’ll find challenge and reward in a culture of innovation, support and balance. 
 

 

Location

 

Belfast/ Derry - Londonderry/ Strabane

 

 

Your role in the team

 

We have exciting new opportunities for Internal Auditors within Allstate Internal Audit (Allstate IA). We are in the process of expanding our team based in Northern Ireland, to work with our Internal Audit colleagues in the US; and are looking to recruit new graduates into this exciting opportunity to begin you career at Allstate. The Allstate IA team applies their knowledge, insights and objectivity to help the organization by evaluating the design and effectiveness of controls embedded in strategy, governance, operations and risk management processes.

 

Internal auditing is an independent, objective assurance and advisory activity designed to add value and improve an organization’s operations. The role of the Internal Auditor is to assess the controls business areas have established to manage key risks to help ensure business objectives are achieved. This is done by establishing an Internal Audit Plan of individual audits to ensure all key business activities are assessed periodically using a risk-based approach. The audits defined in the Plan are undertaken by the Allstate IA team by working with various leaders across the enterprise to conduct background gathering meetings, perform fieldwork testing of controls, and produce formal reports that are issued to Allstate’s senior management and leadership.

 

We like creativity, enthusiasm and teamwork. We are looking for someone who has a great attitude and likes to learn many different aspects of how a business operates and is governed. We like our auditors to be passionate about learning business processes and to take on new projects. You will apply a risk-based approach to audit projects that are operational and strategic in nature.

 

New auditors will start in a fast-paced developmental program consisting of job assignments supporting the various Internal Audit teams (Insurance, Non-Insurance, Investments, Shared Services, Information Technology, and SOX) and an opportunity to work with our external auditors. Our audits cover all aspects of the business, including a variety of disciplines such as Distribution, Customer Service, Product Operations, Claims, Operations, Investments, Compliance, Human Resources and Finance. This allows you to gain experience and learn the various areas of Allstate.

 

  • Manages assigned audit tasks to achieve department guidelines and within established timetables with high quality results.
  • Drafts process risks and controls and performs an assessment to determine audit scope.
  • Drafts high quality workpapers and ensures support and conclusions are well documented in accordance with department standards.
  • Consults through ad-hoc advisory engagements while working together with business units to share risk considerations as they undergo strategic projects.
  • Contributes to department initiatives to improve Allstate IA processes including but not limited to data analytics strategies and the Fraud Centre of Excellence

 

 

So, what are the essential criteria to apply?

 

 

  • All candidates must evidence an existing right to work in the UK
  • For the entry level Analyst role: Recent experience of auditing and assurance concepts through experience gained on a commercial graduate placement and/or university project.
  • For the experienced Senior Analyst role: A minimum 3 years’ Industry or Professional Services experience in an Internal or External auditing, Risk Management/Advisory role;  and

 

 

Required for both roles

 

  • A 2:1 or above degree in a relevant financial discipline.
  • Recent experience of auditing and assurance concepts through experience gained on a commercial graduate placement and/or university project for our entry-level Internal Auditor roles.
  • Basic Project Management skills with a logical and analytical approach.
  • Good problem-solving skills with an attention to detail.
  • Strong organizational and time management skills.
  • Able to act with integrity and demonstrate confidentiality, independence and objectivity.
  • Able to demonstrate flexibility and adaptability when undertaking new projects.
  • Proficient in business-related computing applications (e.g., Microsoft Office applications).
  • If you previously applied for this role within the last six months and were not successful in meeting the requirements of the case study assignment, we regret that we are unable to consider a new application at this current time

 

 

 

We also have some desirable criteria

 

 

  • Demonstrate commercial Industry or Professional Services experience in an Internal or External auditing, Risk Management/Advisory role; or
  • ACCA, CPA, CFE, ACA qualified/part-qualified or a CIA certified applicant. 
  • Where applicable professional qualification(s) are not already held. You must show willingness to embark on or fully complete if currently studying; the Chartered Institute of Internal Auditors’ Certified Internal Auditor qualification to become a Certified Internal Auditor (CIA) or other relevant certification. The CIA qualification is a globally-recognised qualification that provides a firm foundation for a career in internal auditing. Allstate recognises that further education has an important part to play in developing the knowledge, skills and competence of its employees. and will support you by reimbursing 75% of first exam sitting, tuition and online study costs.

 

 

 

What we offer

 

As Digital DNA’s Workplace of the Year 2020 winners, we offer a generous benefits package that includes flexible annual leave entitlement, dental and healthcare insurance, an attractive pension package and discounts on gym memberships, public transport and parking.

 

Allstate invests heavily in your development, as an employee you will have access to multiple world-class learning platforms and courses from our award-winning in-house Learning & Development team.

 

We pride ourselves in providing clear career paths and opportunities for internal mobility allowing you to further develop within the organisation.

 

We encourage a better work life balance and you’ll have the opportunity to apply for various flexible working arrangements.

 

 

 

Statement on Fair Employment and Equal Opportunities

 

Allstate NI wishes to ensure equal opportunity is given to all job applicants.  This company will not discriminate on the grounds of race, gender (including gender reassignment status), sexual orientation, religious belief, political opinion, marital status, age or disability.

 

We are an equal opportunities employer. We welcome applications from all suitably qualified persons. However, as women are currently under-represented in our workforce, we would particularly welcome applications from women. All appointments will be made on merit.

 

Applicants should note Allstate NI complete AccessNI background checks on all candidates offered a position.

 

 

The closing date for receipt of applications is Tuesday 26th October 2021