Operational Risk Senior Consultant I

1 day ago

Ind Pune Sez All Floors Except Th And Th, India Allstate Full time ₹ 12,00,000 - ₹ 36,00,000 per year

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 Operational Risk Sr. Consultant I supports the strategic initiative to provide operational risk/return expertise to the enterprise. The role is responsible for coordinating and supporting the implementation of an enterprise operational risk return framework. The job serves as a liaison to provide streamlined solutions for operational risk projects and supports the management of overall enterprise operational risk.Key Responsibilities


• Communicates/interacts with leadership, including operational risk leaders and or business unit leaders.


• Accountable to escalate and report significant issues.


• Responsible for effective independent challenge of first line risk management activities, thematic reviews and 'deep dives'.


• Organizes information and data to form hypotheses and assumptions of future impact.


• Reviews, researches, interprets, and analyzes operational risk data to identify trends, emerging risks, and issues.


• Provides consultative risk management support including: monitoring, reporting, and an escalation structure to optimize risk and return.


• Performs operational risk assessments with business units.


• Strong understanding of operational risk management and its impact on the enterprise


• Executes on strategy to implement the ORRM framework and optimize enterprise risk and return management strategy.


• Supports the development of the Enterprise Risk Management program.

Education


• 4 year Bachelors Degree (Preferred)

Experience


• 3 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.

Primary Skills

Shift Time

Recruiter Info

Diksha Prasad

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.

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