5 Lucrative Careers To Consider If You’re Thinking About A Major Change 

Making a major decision to return to work after taking a break from your career can be daunting. But it’s far from impossible.

There may be obstacles like a lack of recent work experience, changing industries or job roles, and adapting to new work routines and technologies.

However, with the right mindset, support, and resources, you can successfully transition back into the workforce.

Returnship programs, mentorship opportunities, and networking can all be beneficial in overcoming the challenges of returning to work after a break. 

Furthermore, emphasizing your transferable skills and achievements can help you demonstrate your strengths to potential employers.

Some Gainful Careers To Consider After A Break

Here are some gainful careers in the finance industry to consider after a break, but it’s essential to note that achieving success in this field can be challenging, and you might need to take the Series 7 exam.

The Series 7 exam is a crucial and rigorous licensing examination for individuals aspiring to work in the financial industry.

It comprises 125 multiple-choice questions and covers various topics, including equity securities, debt securities, options, retirement plans, and taxation.

So Unlocking success in this exam requires embracing the power of comprehensive study materials and guide for the Series 7 exam.

Additionally, if you’re considering a career as an accountant, you may also need to take the Certified Public Accountant (CPA) exam.

Like the Series 7 exam, the CPA exam is a significant milestone for accountants, testing their knowledge and expertise in accounting principles, financial reporting, auditing, and taxation.

1.) Accounting Career

If you’re thinking about getting back into the workforce after a hiatus, accounting could be a wise choice for you.

It’s a profession that’s currently in high demand. It’ll mean better chances that you’ll be able to find a stable and secure job. 

In this field, positions offer flexible work arrangements, such as part-time or remote work, which can make it easier for you to transition back into the workforce.

Accountants are highly valued for their financial expertise and analytical skills. You’ll likely be able to earn a competitive salary and have opportunities for career advancement.

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To help you get started with your job search, you might consider using accounting resume templates to ensure your resume stands out and highlights your skills and experience in the field.

These templates can be a great resource, providing you with examples of effective resumes that you can use as a guide to create your own.

With the right tools and perspective, you can successfully navigate a career return in accounting and find a fulfilling and lucrative career path.

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2.) Financial Analyst

Your comeback to the workforce need not be very challenging. There are online tools, like podcasts, that can help you recreate your career image and stand out among younger job seekers.

Many careers in the finance industry can be your ticket to a gainful profession.

A financial analyst is one of your lucrative career choices. There’s a high demand for this position in the industry. It offers a competitive salary and opportunities for career advancement.

It’s a flexible career option that often allows for work-from-home setups, making it easier for individuals who are re-entering the workforce.

There’s a high demand for their financial skills, expertise, and ability to provide critical insights into the performance of businesses and markets.

A financial analyst’s role is versatile and can be found in various industries. It’s a profession that provides ample opportunities for growth and development throughout one’s career.

3.) An Actuary Role

An actuary may be the job of your dreams as you return to building a new career path. It’s a job that specializes in analyzing and managing financial risks.

They apply mathematics, statistics, and financial theory to determine the probability of certain events.

They are the best people to assess or estimate the financial impact of certain happenings, like natural disasters or accidents. 

Actuaries are highly in demand in various sectors, like insurance, finance, and government. They assist these organizations in making informed decisions regarding risk management and financial planning.

Their expertise and analytical skills are highly valued, as they play a crucial role in helping businesses and governments understand and manage financial risk.

This job is in high demand, increasing your chances of securing a lucrative position in this line of work. Age is not a barrier.

You might even become one of those professionals over 50 who became successful after switching careers or starting one after a while.

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4.) The Financial Risk Manager

 A financial risk manager may be the position best suited for your major career change.

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It’s a job that specializes in identifying, analyzing, and managing risks within an organization in the financial industry.

They’re professionals who are experts in assessing and evaluating the likelihood and potential impact of different risks in businesses.

They analyze financial, operational, and reputational risks, and design strategies to reduce or manage them.

Risk managers work in various industries, including finance, insurance, healthcare, and technology.

It’s a highly sought-after career due to the high demand for skilled risk managers, enticing them to higher compensation and incentives for their expertise.

Moreover, many risk management positions offer flexible work arrangements, which can make it easier for returnees to merge back into the workforce.

5.) A Financial Engineer

A financial engineer is a professional who applies advanced mathematical and computational techniques to financial problems.

They use mathematical models and computer algorithms to design and analyze financial products and systems, such as derivatives, trading strategies, and risk management tools.

A career as a financial engineer can be lucrative after a major life change. It’s a highly specialized field with high demand but a shortage of skilled professionals.

This lack in the industry made this financial role earn competitive salaries, bonuses, and other incentives.

Additionally, financial engineering positions may offer flexible work arrangements, such as remote or part-time work. It’ll be an attractive option for people like you who may want to enter the grid again.

Finally

Whether you were already at the peak of your career or not when you stopped working doesn’t matter.

Nothing should stop you from making a successful career move after some time. The links and insights here may help you decide which career to engage in after your returnship training.

Jonathon Spire

Jonathon Spire

Tech Blogger at Jonathon Spire

My diverse background started with my computer science degree, and later progressed to building laptops and accessories. And now, for the last 7 years, I have been a social media marketing specialist and business growth consultant.

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Jonathon Spire

I blog about a range of tech topics.

For the last 7 years I have been a social media marketing specialist and business growth consultant, so I write about those the most.

Full transparency: I do review a lot of services and I try to do it as objectively as possible; I give honest feedback and only promote services I believe truly work (for which I may or may not receive a commission) – if you are a service owner and you think I have made a mistake then please let me know in the comments section.

– Jon