Barclay Simpson
Senior Internal Auditor - Insurance

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This organisation is a well-established and respected (Re)insurer within the Lloyd's insurance market, operating in a complex and highly regulated environment. With a strong focus on governance, risk management and continuous improvement, the business offers a collaborative culture where Internal Audit plays a key role in shaping decision-making and strengthening controls. It is an environment suited to individuals who enjoy variety, stakeholder engagement and contributing to meaningful change.
Role Overview
This Senior Internal Auditor position is responsible for delivering a range of audit and advisory activities while supporting the ongoing development of the Internal Audit function. You will play a key role in planning and leading audits across the business, ensuring high-quality outputs and practical recommendations. The role also involves working closely with Risk and Compliance functions, tracking audit actions, and contributing to broader initiatives such as quality assurance and continuous improvement programmes.
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I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
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Day to Day Activities
- Support the development of the annual audit plan alongside the Head of Internal Audit
- Lead and deliver end-to-end internal audits, including planning, fieldwork and reporting
- Produce clear, insightful audit reports with practical recommendations
- Track and monitor agreed actions, ensuring timely implementation of remediation
- Maintain audit records and update systems such as TeamMate
- Engage with Risk and Compliance teams to identify emerging risks and control gaps
- Provide ad-hoc advisory support to the business outside of the audit plan
- Build and maintain effective relationships with stakeholders across the organisation


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Experience Necessary
- Experience within Internal Audit, ideally within the insurance sector (Lloyd’s market experience beneficial)
- Proven ability to deliver audits independently, including planning, testing and reporting
- Understanding of insurance operations such as underwriting, claims or reinsurance
Qualifications & Skills Needed
- Professional audit or accounting qualification (or working towards one)
- Strong analytical thinking, communication and stakeholder management skills
- High level of integrity, with the ability to influence and challenge constructively
What Next...
If this sounds like you please click apply or email ph@barclaysimpson.com along with a copy of your CV to be considered for this position.
No sponsorship available for this position
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