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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?
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.

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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

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Trainee Accounts Technician Apprentice : Whiting & Partners
Closing Date:
31st March 2019
Salary:
£13,000.00
Location:
Bury St Edmunds, Suffolk
Responsible for undertaking high quality accounts preparation services for a range of business clients, including sole traders, partnerships and limited companies.
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Accounts Assistant
Closing Date:
16th March 2019
Salary:
TBC
Location:
Diss, Norfolk
Assisting the Accounts Coordinator in the generation and issue of customer invoices and collation of staff timesheet records for wage calculations An interest in plants would be useful and an accounting or bookkeeping qualification is also desirable especially...
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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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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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Audit Graduate - Public Sector Assurance (BDO UK LLP)
Closing Date:
31st August 2019
Salary:
Competitive + benefits
Location:
Ipswich, Suffolk
Our structured Initial Professional Development programme will help you to develop your career in whichever direction it takes by supporting you to study for your professional qualifications (ACA or CA) whilst working in different industry sectors and location...
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