Claims Operational Controls Consultant
| Company | Allstate Insurance Company |
|---|---|
| Location | Toronto, ON, Canada |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Mid Level |
Requirements
- Bachelor’s degree in Business Administration, Accounting, Risk Management, Finance, or a related field.
- 3 or more years of experience in audit and/or risk management, operational risk/controls, or compliance within the financial services industry.
Responsibilities
- Conduct risk assessments and develop strategies to manage and mitigate operational risks within the claims department.
- Design and implement operational controls to mitigate risks and ensure compliance with regulatory requirements.
- Analyze current claims processes and identify areas for improvement to enhance efficiency and accuracy.
- Ensure all claims processes comply with internal policies, industry standards, and regulatory requirements.
- Utilize data analytics to monitor and evaluate the effectiveness of operational controls and identify trends or anomalies.
- Prepare and present reports on operational control performance, risk assessments, and compliance status to senior management.
- Provide training and support to claims staff on operational controls and compliance procedures.
- Work closely with other departments, including IT, Legal, and Finance, to ensure integrated and effective operational controls.
Preferred Qualifications
- Advanced degree or professional certifications (e.g., CIP, CPA, CISA, CIA, CRMA) are a plus.
- Previous experience in big 4 auditing firms is a plus.