Paraplanner

IDEX Consulting Ltd; Lancashire; Hybrid; GBP 35,000 - 45,000; Full time

Benefits offered by this job

Pension match up to 7.5%

Private Medical Insurance for family

Medical Cash Plan

Life Assurance 4x salary

25 days holiday + bank holidays

Share Incentive Plan

Electric Car Scheme

Cycle to Work

Hybrid Working after probation

Discounts on investment services

Job summary

IDEX Consulting Ltd in Blackpool is seeking an experienced Paraplanner to support Planners and the wider paraplanning team. You will research client information, prepare suitable recommendations, and perform cash-flow modelling to back up advice.

Responsibilities include preparing client documents, coordinating meetings, and handling client queries with sensitivity to vulnerable clients. A clear path to professional qualifications is offered with hybrid working after probation.

Qualifications

• Prior paraplanning experience required.
• Commitment to achieve RQF level 4 Diploma within a reasonable timeframe.
• Willingness to pursue Advanced Diploma and CII Chartered status (Level 6).

Responsibilities

• Undertake paraplanning activity for Planners on the team and in exceptional circumstances support the wider paraplanning team.
• Conduct research to enable suitable recommendations meeting clients needs and objectives.
• Perform accurate cash-flow modelling to support recommendations.
• Prepare suitability reports and letters for Planners to provide their recommendations.
• Draft and coordinate technical documents and research for client presentations.
• Identify future advice opportunities and raise them with the Planner.
• Prepare and submit new account paperwork for client onboarding.
• Arrange client meetings and manage Wealth Planners' diaries.
• Handle general client queries and escalate complex issues to the Planner.

Skills

Paraplanning

Research

Cash-flow modelling

Suitability reports

Vulnerable clients

Education

RQF level 4 Diploma

Advanced Diploma in Financial Planning

CII Chartered status (Level 6)

Tools

Microsoft Office

Job description

My client is currently looking for a Paraplanner to join their business in Blackpool.

THE ROLE

• Undertake Paraplanning activity for the Planners on the team and in exceptional circumstances, provide support to the wider Paraplanning team.
• Undertake appropriate, accurate and relevant research, based on the information gathered by the Planner, known information for clients in the on-going advice service and existing products/services the client has, to enable a suitable solution to be recommended to meet the client’s needs and objectives with a good outcome
• Undertake accurate calculations and cash-flow modelling where needed to support recommendations
• Prepare suitability reports and letters for the Planners to provide their recommendation based on our knowledge of the client, their documented needs, objectives, risk profile, to support a good client outcome, adapting your approach for clients in vulnerable circumstances
• Ensure that drafted suitability reports and other communications are clear, fair, and not misleading
• Draft and co-ordinate technical documents and research for client presentation
• When undertaking research or preparing suitability reports proactively identify areas of potential future advice and raise with the Planner for them to discuss with the client.
• Prepare and submit new account paperwork for client onboarding
• Arrange client meetings, valuations, meeting packs and manage the Wealth Planners diaries
• Complete any required post meeting actions and minutes
• Be a first contact point for clients to handle general queries, escalating complex queries to the Planner, adapting your approach for clients in vulnerable circumstances
• Prepare letters of authority for signing
• Prepare client application forms in line with suitability report recommendations, ensuring they are actioned when returned by the client within business agreed timeframes and with accuracy
• Deal with finance queries including invoices, billing, WIP, commissions, etc

EXPERIENCED NEEDED

• Previous experienced in a Paraplanner or Prainee Paraplanner Role.
• Commitment to achieve RQF level 4 Diploma in Regulated Financial Planning within reasonable timeframe, with subsequent commitment to achieve Advanced Diploma in Financial Planning and CII Chartered status (Level 6)

BENEFITS:

• Pension: Up to 7.5% employer matching (4.5% employee minimum contribution)
• Private Medical Insurance: Cover for employee, spouse/partner, and children via Vitality from day one
• Medical Cash Plan: Dental, eye care, physiotherapy, and more via Simply Health
• Life Assurance: 4x annual salary (from start date)
• 25 days holiday, increasing with tenure (+ bank holidays)
• Share Incentive Plan: Company matched shares (after 6 months)
• Electric Car Scheme, Cycle to Work, and Interest-Free Season Ticket Loan
• Enhanced Maternity & Paternity Leave
• Wellness Days, flu jabs, eye care vouchers
• Microsoft Office for home use
• Hybrid Working after probationary period
• Discounts on the company’s own investment services