Financial Planning Administrator

Recruit Wealth Ltd; Cardiff; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading financial planning firm in Cardiff is looking for an experienced Financial Planning Administrator to support their team. You will be responsible for managing client information and ensuring efficient processing of new business applications. This role offers a generous salary, a company bonus, and excellent benefits including hybrid working and support for professional qualifications.

Benefits

28 days holiday plus Bank Holidays

Death in Service

Private Medical Insurance

Group Income Protection

Employee Assistance Program

Medicash

Private Pension

Discretionary company annual bonus up to 10%

Qualifications

• Experience in Financial Planning or Administration is preferred.
• Strong communication skills to interact with clients and professionals.
• Ability to manage multiple tasks effectively.

Responsibilities

• Support Financial Planners with administration tasks.
• Process new business applications efficiently.
• Maintain accurate client information in the system.

Skills

Client communication

Attention to detail

Organizational skills

Job description

Overview

Recruit Wealth are delighted to be representing our fast growing, PE backed, national Financial Planning client with offices throughout the UK. Our client now seeks to recruit several experienced Financial Planning Administrators to join their existing team in Cardiff. These are newly created roles to boost additional headcount.

Role

The primary role of the Administrator is to support the Financial Planners and Paraplanners with the administration involved in the implementation of advice service. You will have key responsibility for ensuring client information is kept up to date and the Financial planners have everything needed in order to deliver exceptional service to clients.

Responsibilities

• Ownership of the new business application process
• Process new business within target/service level agreements
• Engage with providers and other 3rd parties to ensure that new business can be processed timely and effectively
• Work collaboratively and communicate effectively with internal colleagues as well as external professionals such as providers, solicitors and accountants
• Action Letters of Authority and Transfer of Authority, following through with providers to ensure policy information is received
• Ensure that the correct documentation is provided to clients and providers and that internal systems contain a full record of all action taken
• Assist Financial Planners in actively chasing and providing updates on pipeline business when requested
• Work collaboratively with colleagues across the business to ensure that Financial Planners are prepared for client meetings
• Answer telephone calls, ensuring that client, Financial Planner or 3rd party contact is effectively and compliantly fulfilled
• Action post in and out daily (when required). Sort, prioritise on receipt, scan and allocate appropriately
• Issue documentation in line with company procedure
• Ensure that client complaints and/or breaches are escalated immediately to management/compliance
• Endeavour to deal with system generated tasks on the date due, ensuring that issues are escalated
• Ensure comprehensive client information is maintained in the back-office system

Benefits

• 28 days holiday plus Bank Holidays
• Death in Service
• Private Medical Insurance
• Group Income Protection
• Employee Assistance Program
• Medicash
• Private Pension
• Discretionary, up to 10% company annual bonus on top of salary
• Hybrid/Work from home
• Full support for further professional qualifications

A very generous salary is being offered, company bonus, excellent benefits as well as a professional and encouraging working culture are all available with this national brand. Home/office hybrid working is fully supported during the working week. Due to their strategic growth and future recruitment, the business will be highly attractive to all prospective candidates. There has never been a better time to join than now. Staff retention is second to none with our client, we have represented them for years with excellent success.