Resources | Great Place To Work® UK

How the UK's Best Workplaces in Financial Services & Insurance Create Supportive, Caring Workplace Cultures

Written by Shalagh Fredericks | Sep 14, 2023 9:00:00 AM

Contributing billions to the economy every year, Financial Services & Insurance are some of the largest sectors in the country, involving millions of employees and impacting the lives of the entire population.

Employees at these organisations feel a sense of purpose, trust in their leaders, and are proud of what they do and where they work.

 

TOP ACHIEVERS IN THE UK'S BEST WORKPLACES IN FINANCIAL SERVICES AND INSURANCE™

Click the brands below to learn more about each workplace

 

Super Large

Admiral Group (Best Overall)

Coventry Building Society

First Central Group

Santander UK

Volkswagen Financial Services (UK) Ltd

Large

Ares Management

Aventum Group

BHP LLP

Citadel & Citadel Securities

Secure Trust Bank Group (Best Overall)

 

Medium

Banked (Best Overall)

Quorsus

Ryan

Seccl Technology

WisdomTree

 

Small

Analyst Alpha Generation LTD

Centor Insurance and Risk Management

Climate X (Best Overall)

Colmore Partners Ltd

GPS Capital Markets

At these companies, employees agree...

 

Insights from our listmakers

The sector’s notoriety for creating high-pressure work environments and a competitive culture stressing results has sustained for decades.

In our analysis of the 2023 UK’s Best Workplaces in Financial Services & Insurance, it’s clear these firms have developed cultures that tap into the thrill of competition whilst also prioritising people’s wellbeing and job satisfaction alongside business performance.

 

Learning & Development at the UK's Best Workplaces in Financial Services and Insurance

According to LinkedIn’s global learning study, providing sufficient learning opportunities is the number one way organisations can improve their employee retention.

Best Workplaces in Financial Services & Insurance have heeded employees’ call for advancement; mapping learning to business goals and accelerating workers’ skills journey with flexible L&D opportunities using a top-down approach.

Comments from employees working at the awarded organisations revealed excitement for the multitude of learning and growth opportunities available to them. As one respondent shared:

“The learning and development opportunities that have been provided to me since joining the firm have far exceeded my expectations. The senior team members work closely with the wider team and create an environment where everyone feels valued and appreciated.”

 

Crisis Support at the UK's Best Workplaces in Financial Services and Insurance

Alongside praise for their firm’s response to the cost-of-living crisis, employees at Best Workplaces in Financial Services & Insurance were still reminiscing the support they received during the Covid crisis.

"During our examination, we found this was the only industry which had numerous respondents still speaking positively in 2022 and 2023 about the way they were supported by their employer during the pandemic,” says James Bufton, Organisational Trends Analyst at Great Place To Work UK. “It’s powerful to think that, years later, people are still speaking to us about the actions their employer took in 2020. It proves to leaders that their response to a crisis is remembered and highly valued by employees...

Managers and executives can now use this invaluable insight to align their leadership styles and behaviours to ensure they maintain the momentum and sustain the supportive, caring culture they cultivated during that unprecedented time.”

 

Key Takeaway

If financial and insurance firms wish to hold onto their talent, creating a supportive learning culture, which allows employees to advance in their careers quickly and flexibly, will be the most efficient starting point.

 

Want to see who made the list?