Finance and accounting in South West
Finance analyst jobs in Somerset
The 2021 census counted 2,476 residents working as finance professionals living in Somerset.
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Finance analyst jobs in Somerset
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Finance analyst jobs in Somerset: be first to hear
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Published figures for Somerset
What the official data says about Somerset
At the census in March 2021, 2,476 people living in Somerset were in work as finance professionals. It was 0.92% of everyone in work in the area. That count put Somerset 6th of 15 areas in the South West, where the middle area recorded 1,881. Wiltshire was the next area up.
Full-time pay across all jobs in Somerset, every occupation counted together, had a median of £35,440. That is 9th of 14 in the South West, against a regional middle of £36,427. Work of this kind pays £45,986 across the region, which is £10,546 more than the typical Somerset job, about 30% above it.
Analysts cluster where the financial firms are: Somerset had 2,400 employee jobs in financial services, insurance and related activities in 2024, out of 244,000 employee jobs in the area altogether. At 0.98% of every job here, that ranks 12th of 15 in the South West, where the middle area sits at 1.12%.
- Residents in work as finance professionals (SOC 242)
- 2,476
- Median full-time pay for finance professionals across the South West
- £45,986
- Finance professionals, share of everyone in work in the area
- 0.92%
- Employee jobs in the area in financial services, insurance and related activities
- 2,400
- Median full-time pay across all jobs in the area
- £35,440
- Residents of the area in work at the census
- 269,034
- Employee jobs in the area, all industries
- 244,000
The finance analyst role
Analysis is the part of finance that faces forwards. Forecasts, models, business cases, investment appraisal and the question of what a decision would do to the numbers before anybody commits to it.
Finance analyst jobs in Somerset: common questions
How many people do this kind of work in Somerset?
2,476 residents of Somerset were in work as finance professionals at the 2021 census, which was 0.92% of everyone in work there. That counts people who live in the area, whether or not they work there, and it is not a count of current vacancies.
What does this work pay around Somerset?
Across the South West, £45,986 is the median for finance professionals. In Somerset itself the median across all occupations together is £35,440. ONS publishes pay by occupation for regions rather than for single councils, so the first figure covers the whole region. What any particular advert pays is on the advert.
Is there much of this work based in Somerset?
2,400 of the 244,000 employee jobs in Somerset are in the industries this role sits in, on the 2024 business survey. That counts jobs located in the area rather than people living there, and it is a count of jobs that exist, not of jobs being advertised.