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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.

2 Videos

AVIVA plc
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This is Aviva - corporate film
New Anglia Local Enterprise Partnership (LEP)
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Venturefest East 2016
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4 Sectors in this industry

4 Organisations in this industry

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Apply now for our Marsh Graduate Scheme 2020
Location:
Norwich, Norfolk
Do you have or are you on track to achieve a minimum 2:1 degree? Apply now for our Marsh Norwich 2020 Graduate Scheme! Our Graduate Development Programme provides you with an accelerated foundation to your career. It’s a challenging and rewarding programme, wi...
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Apply now to be an Apprentice at Marsh Norwich!
Closing Date:
31st January 2020
Location:
Norwich, Norfolk
Interested in becoming an Apprentice? Earn while you learn with our Marsh apprenticeship scheme, get qualifications while you earn without the costly university fees! if you have or are on track to achieve 104 UCAS points in A-Levels or equivalent then we wo...
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Business and Finance Apprentice
Closing Date:
8th December 2019
Salary:
18,426
Location:
Ipswich, Suffolk
An opportunity has arisen to join our busy Business and Finance Team working within Adult Community Services. You will be working towards a Level 3 Business and Administration qualification. We are se...
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Chartered Accountancy Graduate Scheme
Closing Date:
31st December 2019
Salary:
£26,000
Location:
Norwich, Norfolk
Are you an ambitious graduate (in any subject), with a positive, forward-thinking approach? Are you looking for a role in a stimulating, supportive and inclusive environment, where you are encouraged to be your authentic self at work? Do you have the appetite....
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Actuarial Graduate Scheme
Closing Date:
31st December 2019
Salary:
£26,000
Location:
Norwich, Norfolk
Are you a strategic thinker that loves to tackle problems? Is maths one of your key strengths and passions? Do you want to secure a meaningful role, at a company that will empower you to be your authentic self at work? If so, why not follow in the footsteps o...
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Get a Head start with Talking Heads!
Find out what it's like to work for local employers in these video case-studies.
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