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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.

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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
Larking Gowen
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Larking Gowen Annual Tourism & Leisure Business Survey 2016
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4 Sectors in this industry

4 Organisations in this industry

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Finance Officer Apprentice : Suffolk County Council
Closing Date:
1st February 2019
Salary:
£340.00 p/w
Location:
Ipswich, Suffolk
To contribute to the key deliverables of the Pensions Team, including reconciliations, data management and the closing of financial accounts. To provide finance support to the technical team on a variety of financial processes so that compliance with financial...
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Career Pathways
Making decisions about your future can be daunting. With so many options and so much information, the process of choosing your next move can be more than a little confusing. Perhaps you’d like to study a vocational course at college. Maybe you’d like to find o...
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Trainee Secretary - Norwich
Salary:
Competitive salary
Location:
Norwich, Norfolk
We have an exciting opportunity for a Trainee Secretary to join our busy Norwich office. As Trainee Secretary you will work closely with multiple departments to provide effective support on a range of administrative tasks.
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Work Experience East Anglia 2019 : HSBC
Closing Date:
27th January 2019
Location:
Norwich, Ipswich, Kings Lynn,Great Yarmouth,Lowestoft
The HSBC Work Experience programme has been designed to provide students with exposure to the banking sector. At HSBC we are offering students with a variety of placements across our different business areas including:
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Purchase Ledger Assistant
Atalian Servest’s Finance Team are recruiting for a Purchase Ledger Assistant who will primarily be responsible for daily maintenance of the purchase ledger function, ensuring all documents received are dealt with in a timely manner. This is an exciting opport...
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Accounts Receivable Assistant
Location:
Bury St Edmunds, Suffolk
Are you seeking an opportunity into a Finance career? You could’ve just found it! Do you possess the passion for attention to detail combined with first-class organisation and prioritisation skills? If the answer is “yes”, then we’d love to hear from you! Atal...
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