FINANCE, INSURANCE AND LEGAL
The UK plays a leading role in maritime insurance, finance and law. There are many and varied careers opportunities in these sectors, including sales and business development, IT, administration, accounting, legal, underwriting, regulation and compliance, and asset management – all with the added benefit that you are dealing with interesting assets connected with the sea. Here you can find more information on working in marine finance, follow the links for Insurance and Legal.
Finance - Companies who own and operate workboats, other vessels and shore-based marine assets often need financial assistance to purchase them. They do so by getting loans from finance companies or banks, similar to a mortgage on a house. In the UK there are banks who specialise in providing finance in the maritime industries.
Qualifications and Training
Going to university is not the only option if you want to work in financial services. Many successful financial services professionals join straight from school and work their way up.
If you are willing to work hard, show initiative and want to learn, there will be opportunities.
To be in with a chance of the best opportunities you will need to have basic skills, so you will need at least a grade C GCSE in English and Maths.
Salaries vary but starting salaries are usually around £22,000 - £25,000.
Most financial services companies now expect potential recruits to have already gained a degree before considering them for graduate training or fast-track schemes. It is not vital to have a Maths degree, but most will expect you to have at least a 2:1 in your chosen subject.
Financial services companies also offer graduate training schemes, where you undergo further training and in some cases are expected to study for – and obtain – more qualifications, before being offered a permanent role. Details of graduate training schemes can usually be found on the career web pages of financial services companies.
GOOD TO KNOW
|Intermediate apprenticeships||Advanced apprenticeships||Higher apprenticeships||Degree apprenticeships|
|Intermediate apprenticeships are the entry-level apprenticeship for those looking to make a start in the world of work. Available to anyone from the age of 16, with no maximum age limit, they’re also a great option for anyone looking to make a career change. You’ll need five GCSEs grade A*-E/ 3-9 including Maths and English, as well as a Science subject to apply for an engineering or technical role, or two National 4s including Maths and English (or equivalent).||You can apply for an advanced apprenticeship if you have five GCSEs or National 4 (or equivalent), including Maths and English, as well as a Science subject to apply for an engineering or technical role, or you’ve completed an intermediate apprenticeship or similar Level 2 qualification. They’re full-time roles, with a competitive salary and they’re a great way to develop specialist skills.||Higher apprenticeships are available to anyone over the age of 18 who is looking for an alternative to attending university. You’ll need at least five GCSEs or National 5 + Highers (or equivalent) including Maths and English, as well as a Science subject to apply for an engineering or technical role. Additionally, you’ll require a minimum of two A levels or a level 3 equivalent qualification.||Degree apprenticeships are great for 18–19-year-old school leavers looking to gain a degree while also starting their career journey. It’s the perfect option for those who can’t decide between an apprenticeship and university. They’re also a great option for anyone looking to make a career change.|
EXHIBITORS AT SEAWORK
|2024 DATES||2025 DATES||2026 DATES|
Tuesday 11 June 2024
Wednesday 12 June 2024
Thursday 13 June 2024
Tuesday 10 June 2025
Wednesday 11 June 2025
Thursday 12 June 2025
Tuesday 09 June 2026
Wednesday 10 June 2026
Thursday 11 June 2026