Apprentice Associate III

Overview

A six-month internship on Allstate's Risk and Compliance team, providing hands-on exposure to Enterprise Risk Management, internal controls, compliance monitoring and governance practices.

What you'll do

• Assist in identifying, assessing, documenting and monitoring operational, compliance, financial and strategic risks.
• Support the maintenance of risk registers, issue logs, action trackers and mitigation plans.
• Participate in risk assessments and control self-assessment activities.
• Analyze risk data and prepare reports, dashboards and management presentations.
• Research emerging risks, industry best practices and regulatory developments.
• Support the implementation and monitoring of risk mitigation initiatives.
• Support policy and procedure reviews and updates.
• Assist with compliance monitoring activities and governance reporting.
• Participate in process improvement and control enhancement initiatives.
• Support control testing and monitoring activities to help ensure adherence to established policies and procedures.
• Collaborate with cross-functional teams to gather, analyze and validate information.
• Assist in tracking remediation actions and supporting risk governance forums and reporting.

What you'll need

• Strong analytical and problem-solving skills.
• Excellent communication and presentation skills.
• Proficiency in Microsoft Excel, PowerPoint and Word.
• Strong attention to detail and organizational skills.

Nice to have

• Understanding of Enterprise Risk Management (ERM), Governance, Risk & Compliance (GRC) and Internal Controls.
• Familiarity with reporting and visualization tools such as Power BI.
• Knowledge of risk assessment methodologies and control frameworks.
• Relevant coursework or certifications related to Risk Management, Compliance, Governance or Business Controls.

Details

• Location: Bangalore/Pune.
• Experience level: Freshers.
• Duration: 6 months.