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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.

4 Job Areas

Did You Know?
Willis Towers Watson is a leading insurance broker which operates globally with one of its main offices located in Ipswich, along with London, New York and Mumbai. Willis Towers Watson also has links with insuring the Titanic.

1 Videos

AVIVA plc
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4 Organisations in this industry

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6 Posts

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Payroll Trainee
Closing Date:
19th February 2021
Salary:
Competitive
Location:
Bury St Edmunds, Suffolk
We offer a full training package which includes professional training for the Payroll Administration Level 3 qualification, along with a structured approach to training in the office which will allow you to learn how to prepare and process payroll for clients...
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Apprentice Insurance Professional : INET3 LIMITED
Closing Date:
31st January 2021
Salary:
£18,000.00 - £22,000.00
Location:
Bury St. Edmunds
An exciting opportunity to work within a front line Lloyd’s MGA with nearly 30 years’ experience in the market & long established relationships within the Broking community. The successful candidate will underwrite non-standard property insurance on a range of...
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Apprentice Insurance Practitioner : INET3 LIMITED
Closing Date:
31st January 2021
Salary:
£155.63 p/w
Location:
Bury St. Edmunds
We have a vacancy to join our successful apprenticeship programme and gain experience of working in a busy office, and the insurance industry as a whole. This role is a support function, completing important tasks that keep the business functioning. There is r...
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Employment Opportunities
Closing Date:
30th April 2021
New Anglia LEP is working with partners to support businesses during COVID-19 and to help them find the staff they need to continue to operate at this challenging time.
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Apprentice Finance Assistant
Closing Date:
5th February 2021
Salary:
£10,500.00
Location:
Ipswich
Vertas are a Facilities management company offering various services including catering, cleaning, security, and many more. Our head office is based in Ipswich, and we offer services throughout the UK. They have an exciting opportunity for an apprentice to joi...
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Business Services & Outsourcing Apprentice
Closing Date:
4th April 2021
Location:
Ipswich, Suffolk
We’re BDO. An accountancy and business advisory firm, providing the advice and solutions businesses need to navigate today’s changing world.
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