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Overview

The Finance Industry is the sector involved in banking, accounting and insurance and is responsible for 7% of all UK employment.

There are many different options available from stock brokers, savings and mortgage advisers to underwriters who advise on insurance risks and everything in between!

The great thing about the industry is that is that there are loads of routes in, and the big players can help with this as they have many graduate, apprenticeship and training schemes. Check out what companies like Barclays offer and try to find other companies that offer similar things.

Many of the bigger financial companies also offer the opportunity to work overseas if you wish, this is where a second language would be beneficial!

Financial and business services make the largest private sector contribution to Norfolk’s economy, with over 180 companies. Norwich is also one of the largest general insurance centres in Europe. In recent years, the sector has expanded to the nearby Broadland Business Park, with Aviva having a major base there, as well as in the city centre, together with Royal Bank of Scotland. Other leading companies include: Marsh, Virgin Money, The One Account, Tax Assist and Moneyfacts.

Norwich has been a base for the financial industries for over 200 years and boasts a financially literate, highly-skilled and stable workforce recruited from local colleges and universities as well as the very first National Skills Academy in the UK for Financial services.

Suffolk also boasts an impressive financial sector with the addition of niche markets around marine insurance linked to the county’s ports, farm and crop insurance and thatched property insurance in rural areas, plus a host of small
financial service businesses.

Suffolk has seen a significant increase in the number of finance and insurance businesses taking advantage of relatively cheap property costs, easy access to London, good availability of related training and education plus an experienced workforce.

Take a look at the sectors here to find out more about a career in finance.

Did You Know?
Each year there are 30,000 applications to UK's damaged note service, with claims totalling a value of £18 million. In 2008, there were 4,916 claims (totalling £113,000) for bank notes which had been eaten by pets.

4 Videos

3aaa - Explore Your Options
AVIVA plc
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This is Aviva - corporate film
Lovewell Blake
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Through the eyes of a trainee
Ipswich Building Society
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Apprenticeships here at Ipswich Building Society
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4 Sectors in this industry

4 Organisations in this industry

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Customer Service Adviser - Part Time 12 Month FTC - Kings Lynn
Closing Date:
10th May 2018
Salary:
£16,000 - £16,823 basic
Location:
Kings Lynn, Norfolk
At Santander we're aiming to make everything simpler for customers and colleagues. When our customers visit one of our branches you will be their first point of contact, offering a personal and efficient service backed up by a great range of products. That wil...
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Financial Services Apprenticeship with Marsh
Location:
Norwich, Norfolk
Kick start your career with a Professional Apprenticeship at Marsh! The successful candidate will gain a recognised CII qualification whilst earning a competitive salary.
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Book Keeping Assistant Apprentice
Closing Date:
29th April 2018
Location:
Diss, Norfolk
EA Assist are looking for individuals to work with our existing team dealing with the onboarding of clients to cloud based accounting software and their ongoing monthly bookkeeping requirements.
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KLM UK Engineering Apprenticeship Programme 2018
Closing Date:
27th April 2018
Salary:
TBC
Location:
Norwich, Norfolk
Our programmes offer the opportunity to mix academic theory with practical hands on experience which offers the most effective route for development. In partnership with City College Norwich & International Aviation Academy Norwich, KLM UK Engineering will...
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Lloyds Bank and Google Digital Workshop
Location:
Haverhill, Suffolk
Improve the digital presence of your business or charity and the digital skills of your colleagues at our free workshop.
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Actuarial Apprentice
Salary:
£20,250
Location:
Norwich, Norfolk
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