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Finance Careers and Courses

BDO Stoy Hayward’s Commercial Trainee Scheme

We know university is not for everyone but gaining a business qualification is important to many. At BDO Stoy Hayward, the UK part of the world’s fifth largest accountancy firm, we’re offering the opportunity to train for full professional accountancy qualifications.

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Payroll Manager

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The role

Payroll Managers look after the payroll department, ensuring that employee’s wages of a company are paid correctly and on time.

Their roles will often include managing the payroll team, deciding upon and implementing payroll procedures, acting as an authority on payroll taxes, analysing financial data and managing computer systems related to pay.

Insurance Broker

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The role

Insurance Brokers work to find the best insurance deals for their clients. They offer impartial advice, based on the insurance requirements of their client, their extensive knowledge of the insurance market, the research they carry out, and the negotiations they engage in with the insurance companies.

They may also renew or change existing insurance policies for their clients, collect insurance premiums, provide advice on making insurance claims, and prepare reports for insurance underwriters where required.

Economist

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The role

Economists give advice about the economy, drawing on their knowledge and understanding of economic theory.

They achieve this by researching past and present economic trends, analysing statistics and building computer models to help predict future changes.

Economists may advise the government, or banks, businesses and other organisations. Their work will help these organisations to make decisions and draw conclusions about their own financial strategies.

Credit controller

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The role

Credit controllers  are responsible for recovering unpaid money from

businesses or individuals. They could work for a collection agency

hired by a company to collect debts from businesses (commercial

collection) or individuals (consumer collection).  Credit controllers

also work in a company’s finance or credit department, chasing late

payments from suppliers or customers. 

 

Finally, Credit controllers are usually

based in offices or call centres. Field collectors though, usually

Claims handler

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The role

Claims handlers deal with people making claims on their insurance policies. They usually specialise in one type of insurance, such as travel, household or motor insurance. They also tend to deal with straightforward claims that fall within an agreed payout limit.

 

How to become a claims handler

GCSEs (A-C) including English and maths, are desired by some employers, while others want A levels or an equivalent such as the 14-19 Diploma in Business, Administration and Finance.  Apprenticeships are another way of securing work as a claims handler.

Business adviser

Choosing a Business Degree

The reasons for choosing a Business course are as wide and varied as the courses on offer but perhaps the most important is that these courses provide a broad and relevant educational base for the future professional advisor and business manager.

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It pays to get a HEADstart in Business

Katy talks about her career at PricewaterhouseCoopers LLP as a HEADstart student.

In the beginning…

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Become an Investment Banker

Investment bankers, also known previously as merchant bankers, work with clients to advise them on different approaches to financial, commercial and trading activities. They can work for clients looking to buy another company or they can help companies trying to avoid a takeover bid. Investment bankers also work for clients wanting to raise funds.

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