Home Explore Industries Financial Services

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

AVIVA plc
Visit Profile
This is Aviva - corporate film
Lovewell Blake
Visit Profile
Through the eyes of a trainee
Ipswich Building Society
Visit Profile
Apprenticeships here at Ipswich Building Society
New Anglia Local Enterprise Partnership (LEP)
Visit Profile
Venturefest East 2016
View all Videos

4 Sectors in this industry

4 Organisations in this industry

View all Organisations in this industry

6 Posts

Save Post
Apprenticeships and work experience at top companies—apply now!
A few amazing apprenticeship opportunities at top companies — earn while you learn!
Read More
Save Post
Accounts Assistant
Closing Date:
24th May 2019
Salary:
Up to £22,000 depending on experience
Location:
Haverhill, Suffolk
Herbert Group are seeking an Account Assistant for a 6 month full time contract initially as soon as possible Duties will include recording and allocating Saes receipts within the ERP system Creating new customer accounts Manage credit control functions and....
Read More
Save Post
Trainee Administrator
Closing Date:
31st May 2019
Location:
Bury St Edmunds, Suffolk
Duties to include data entry to varied software applications for clients responding to emails, filing. Must have good telephone manners, have a good knowledge of Microsoft office applications computer literate and conscientious Hours of work are 9am to 5pm Mon...
Read More
Save Post
Payroll Administrator
Location:
Bury St Edmunds, Suffolk
Vacancy reference GRP-BSE-ER-1309 EmailCV to resourcing @servest.co.uk or call for further information 0800614678
Read More
Save Post
Finance Apprentice
Location:
Bury St Edmunds, Suffolk
Vacancy reference HT-FA-BSE-YP-0305 Apprenticeship framework AAT Level 2 and 3 Hours of employment 9am - 5.30pm Monday to Friday with flexible shifts Please apply online resourcing@servest.co.uk or call 0800614678
Read More
Save Post
MARSH APPRENTICESHIP SCHEME 2019
Location:
Norwich
As a global leader in insurance broking and risk management, Marsh helps our clients succeed by defining, designing, and delivering innovative, industry-specific solutions that help them effectively manage risk.
Read More
View all Posts
Home
My Feed
My Page
Explore