Business, Finance and Legal Services
There are around 7,165 finance, legal and business services organisations in the county providing a huge variety of roles from sales and marketing, project management, investment, accountancy and financial advice, legal and insurance services and business consultancy.
The Business, Legal and Financial Services sector offers a diverse range of career options in well-paid jobs. The many different career options mean there is plenty of scope for career progression and salary increases. The sector caters for a variety of different individual qualities and skills from mathematical ability to communication and people skills. Although some roles in this sector require degree education, a large amount offer routes via progression and apprenticeships. This sector is the biggest provider of apprenticeships across the county at various levels making it an accessible and thriving sector to work in.
Being the industry with the highest numbers, more than 600 apprenticeships were completed between 2019 and 2020.
(Data source: Herts Insight https://www.hertfordshire.gov.uk)
Facts & Figures
13,000 Hertfordshire residents employed by the Financial and Insurance Industry in 2020
Data source: Nomis https://www.nomisweb.co.uk
£1.4 billion The Sector’s contribution to the Hertfordshire Economy in 2019.
Data source: EMSI https://www.economicmodeling.com
1,450 Financial and Insurance businesses in Hertfordshire
Data source: Nomis https://www.nomisweb.co.uk
470 Legal Firms in Hertfordshire
Legal Firms in Hertfordshire
1,000 Nearly 1,000 of job vacancies require less than a year of experience making them a great opportunity to start in a new career.
Data source: Emsi https://www.economicmodeling.com
2,000 Nearly 2,000 jobs are based remotely allowing flexibility to the workplace.
Data source: Emsi https://www.economicmodeling.com
7,165 finance, legal and business services organisations in the county
finance, legal and business services organisations in the county
Business, Financial and Legal Services in Hertfordshire
Financial, Legal and Business services thrive in Hertfordshire with close proximity to London and access to a growing pool of highly skilled, local and qualified talent, plus a pipeline of graduates from the University of Hertfordshire.
Hertfordshire is an attractive location for global and European headquarters and shared service centres. Its advantages include competitive costs, access to markets and global connectivity.
There are over 1,450 finance, consulting, accounting and legal firms in the county. The county’s extensive service sector includes specialisms in HQ operations, shared service centres, business process outsourcing and logistics. Hertfordshire is also home to top business schools. Ashridge Executive Education was ranked third in the UK by the Financial Times in 2017 and is home to the UK's leading business university.
Organisations range from large multi-national organisations including Barclays, Deloitte, KPMG, PwC, Baker Tilly, Pitney Bowes, Mercer & Hole and BDO to smaller localised businesses who operate in specialist areas such as Amber Mountain, Wagada and My Mustard who specialise in digital marketing and website consultancy, Amberside Accountancy and HB Accountants providing financial advice and Crane & Staples and Debenham-Ottaway providing expert legal support.
Hear from some of our Hertfordshire residents who have established their careers within the business services sector in our HOP into video:
Training courses and qualifications
The top skills you need to work in the finance, business or legal services include commercial awareness, team working, communication skills, numeracy, problem solving, networking and personal impact. As well as being able to study Level 3 qualifications such as Business, Law and Economics through school sixth forms many of our FE colleges support qualifications in Business, Legal and Financial Careers giving you an ideal opportunity to enhance your CV and equip you with the knowledge and skills you need to enter this sector.
You may be self-employed or run a micro business if you are in this sector and entrepreneurial and business skills are important. Visit our business start-up hub to find out all your need to go out and get enterprising.
JOB ROLES
Take a look at some job roles in the Business and Finance and Law and Legal sector.
Top companies posting:
(Data source: Emsi https://www.economicmodeling.com)
NHS, Thermo Fisher Scientific ,Tesco, University of Hertfordshire, Bourne Leisure, FIS, G2 legal, Co-Operative group food limited, Canada life, KPMG, Amazon, Park Hotels and Resorts
Financial and Business Services Learning Opportunities
Legal LEARNING OPPORTUNITIES
Apprenticeships
Apprenticeships are one way to start a career in Business, Legal and Financial Services.
You can find out more detail on what each apprenticeship qualification involves through the Institute of Apprenticeships. Learn all about apprenticeships here.
Apprenticeships in Financial and Business Services
'Business, Finance and Legal' Job Vacancies
How to become an accountant
If you have a head for numbers, becoming an accountant is an excellent career choice. Accountants are always in demand, command high salaries, and are able to find jobs in any industry – after all, every business needs a finance function.
Virtual Employer Encounters
This webinar will focus on careers and opportunities in Finance and investments. Hear from a Programme & Team Coordinator at Investment20/20, a Learning & Development Manager at Vanguard and a current school leaver working at Vanguard Asset Management, within the Fraud and Global Security Team.
Virtual Employer Encounters
This webinar explores the opportunities available within law. Hear from a solicitor, a recently qualified Trainee and a lecturer at the University of Hertfordshire.
Virtual Employer Encounters
This webinar will explore careers in Accountancy. Guests: Matt Rawlins, Director of Sales and Account Management, Kaplan Financial Ashish Patani, Director, Ashlynwood Deep Shah, Head of Commercial and IT, Little Kickers Group.
ICAEW
There are more than 1.8m chartered accountants and students around the world and 189,500 of them are members and students of ICAEW. They are talented, ethical and committed professionals, which is why all of the top 100 Global Brands employ chartered accountants.
PITNEY BOWES
At Pitney Bowes we thrive on helping our clients navigate the complex world of commerce. We provide data so businesses can market to their best customers. We enable the sending of parcels and packages across the globe. And, we secure payments through statements and invoices to keep our clients moving forward.
WAGADA LTD
Wagada is a fast-paced digital marketing agency with training and development at its core.
Ashbourne Insurance Services Limited
With over 35 years’ experience in providing insurance solutions to local residents and the business community, Ashbourne has a policy at a price to suit any requirement: business, car, home or travel insurance.
Ashbourne is a family-run, independent insurance broker, based in Hoddesdon on the Herts and Essex border.