Financial services is a broad term that encompasses everything to do with managing and exchanging money. This includes banking, investing, and insurance. It’s an industry with a lot of moving parts and stakeholders, but also offers a wealth of career opportunities.
In many ways, it’s easier to break into financial services than you might think. It’s common for firms to heavily invest in their employees, putting an emphasis on education and on-the-job training. This makes it easy to start in entry-level roles and move up the ranks, as firms are looking for aptitude over tenure.
A healthy financial services sector is essential to a nation’s economy. It helps individuals and families get the loans they need for cars, homes, or education, and safeguards their assets and health through insurance. It also provides businesses with the funds they need to grow and hire more people.
Insurance is one of the largest subsectors within financial services. It protects individuals against death or injury (health, life, and auto insurance) and property loss or damage (home, home, and car insurance).
This industry is known for its high job satisfaction rate. Positions are typically secure and often don’t require a large commute time, so it’s easier to maintain a work-life balance. Plus, since positions are available worldwide, it’s easier to relocate if you want to change locations for any reason. If you’re interested in a career in financial services, connect with our team today to learn about opportunities.