[Hiring] Entry Level Internal Auditor - Data & AI-Enabled Audit @Allstate

Role Description

The Entry Level Internal Auditor supports an agile internal audit function in executing risk-based audits across business operations, financial reporting, technology processes, and strategic initiatives, with a focus on leveraging data analytics and emerging tools to enhance audit effectiveness. Working closely with experienced team members, this role applies audit procedures to non-complex audit areas, participates in walkthroughs and audit planning activities, and helps document controls, testing results, and observations using established templates and audit methodology.

This role builds foundational knowledge of business processes, technology platforms, internal controls, and risk concepts while contributing to sprint-based audit execution. The analyst performs basic data analysis using tools such as Excel, Power BI, and other analytics software, and leverages approved AI (including large language model (LLM)) tools to support audit tasks such as summarization or documentation drafting, validating these tools’ outputs for accuracy with team input. The analyst uses critical thinking and a technology-enabled approach to understand how audit evidence supports fact-based conclusions, identify issues, and drive continuous improvement in a modern internal audit function.

Qualifications

• Foundational understanding of AI, machine learning, generative AI, and emerging technologies.
• Exposure to data analytics concepts and tools such as Python, SQL, Power BI, or Excel.
• Interest in leveraging AI (e.g., Microsoft 365 Copilot) and data analytics to enhance audit testing, risk identification, and control evaluations.
• Awareness of AI governance, model risk management, data privacy, and responsible AI principles.
• Strong analytical mindset with the ability to evaluate data, identify risks, and draw meaningful conclusions.
• Effective verbal and written communication skills, with the ability to present complex concepts clearly to stakeholders.

Requirements

• Support audit sprints by executing prioritized testing activities for non-complex audit areas, with oversight on scope, timing, and deliverables.
• Participate in walkthroughs, Canvas or Story Map discussions, and control identification activities to build understanding of process design, underlying systems, risks, and key controls.
• Document controls, testing steps, process flows, and audit observations using standard templates and digital audit management tools.
• Execute control testing by following predefined procedures and thoroughly document results ensuring completeness, accuracy, and adequate support.
• Request, organize, and maintain audit evidence and workpapers in a complete and organized manner.
• Perform basic data analysis using approved tools such as Excel, Power BI, or other analytics software, and apply data-driven insights to inform audit conclusions.
• Use approved AI or LLM tools to support simple audit tasks such as summarization or documentation drafting, leveraging these technologies to streamline work and improve audit efficiency while validating outputs with team members.
• Communicate progress, questions, and blockers during stand-ups and other team routines, and escalate issues when identified.
• Participate in continuous risk assessment by monitoring changes in process, technology systems, or audit evidence and raising observations to the team.
• Build foundational knowledge of Allstate's business processes, technology environment, and control structure through audit work, team feedback, and agile learning routines.
• Contribute to identifying opportunities to automate or enhance audit procedures using data analytics and other technology solutions, demonstrating an innovative mindset toward improving audit effectiveness.

Benefits

• Compensation offered for this role is $52,800.00 - $80,475.00 annually and is based on experience and qualifications.
• Comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse.
• Monthly connectivity reimbursement for employees eligible to work from home to help offset internet costs.
• Requirements for remote work include a dedicated, private workspace free from distractions, along with appropriate desk and seating.
• Reliable internet is required, with minimum speeds of 50 MB download and 5 MB upload.