The UK internal audit job market is surging in early 2025, driven by regulatory pressure from ECCTA and FCPA updates. January saw a 70% spike in vacancies as firms scale up compliance, with demand expected to keep rising through the year.
AI adoption into insurance is accelerating as businesses optimise processes to improve outcomes while streamlining headcounts, with claims in particular being impacted. As a result, despite a year where the sector saw record profits, vacancies have fallen by 11.7% in 2024 compared to the year before.
The Government initiative to invest in AI-related infrastructure is at a time when the industry is accelerating away and while the UK remains a global leader, the planned investment will facilitate further growth and hiring.
The combination of increased investment in AI, political shifts in the UK and falling interest rates has made 2024 a pivotal year for the finance sector.
The accountancy sector saw a strong rebound in 2024, with vacancies rising 29% to their highest level in five years, accounting for 54% of all openings.
