Paraplanning Administrator

Premier Jobs UK; Flax Bourton; Hybrid; GBP 28,000 - 32,000; Full time

Job summary

A Chartered Financial Planning firm in North Somerset is looking for a Paraplanning Administrator to join their team. The ideal candidate will support Financial Advisers by producing suitability letters and managing application processes. Proficiency in financial planning products, excellent numeracy, and literacy skills are essential. This role offers a competitive salary between £28,000 and £32,000, with additional benefits including life cover, private medical insurance, and hybrid working options.

Benefits

Salary of £28,000 - £32,000

Group life cover and income protection

Private medical insurance after probation

25 days annual leave plus bank holidays

Hybrid working with up to 2 days from home

Qualifications

• Experience supporting Financial Advisers in a financial planning firm.
• Knowledge of financial planning products and client processes.
• Strong numeracy and literacy skills.

Responsibilities

• Produce suitability letters and reports.
• Assist Paraplanners with research and documentation.
• Ensure compliance paperwork is completed.
• Prepare paperwork required for the advice process.
• Manage new business and servicing processes.
• Chase application progress and inform advisers.
• Prepare client portfolio valuations and review documents.
• Conduct regular meetings with Paraplanners and Advisers.

Skills

Experience within a financial planning firm

Knowledge of financial planning products

Excellent numeracy and literacy skills

Competent using Microsoft Office products

Education

GCSE grades A - C or 4 - 9

RO1 or CF1

Job description

Overview

This Paraplanning Administrator job in North Somerset provides opportunity to join a quality, Chartered Financial Planning firm. You will be joining their head office support staff team including Paraplanners IFA Administrators, who provide quality support to their team of Chartered Financial Planners.

Responsibilities

• Produce simple suitability letters and non‑complex reports
• Assist Paraplanners with gathering research and documentation for reports, recommendations and suitability letters
• Ensure all compliance paperwork is completed
• Prepare application forms and paperwork required for the advice process
• Process and manage standard and more complex new business and servicing through to completion
• Chase progress of applications and inform the Financial Advisers should any issues arise
• Process any servicing changes to clients' investments
• Prepare client portfolio valuations and review documents
• Hold regular meetings with your Paraplanners and Financial Adviser to discuss ongoing and upcoming cases

Qualifications and Requirements

• You must have experience within a financial planning firm and have supported Financial Advisers
• You should have knowledge of financial planning products and the client process
• You will ideally hold RO1 or CF1
• You must have excellent numeracy and literacy skills (GCSE grades A - C or 4 - 9)
• You must be competent using Microsoft Office products and industry software

Company

Our client has been established for over 40 years, providing Wealth Management, Financial Planning and DFM services to approximately 600 clients. They have £400m FuM and have plans to continue growing.

Benefits

• Salary of £28,000 - £32,000 depending on experience
• Group life cover and group income protection immediately available
• Upon completion of probation, private medical insurance, health cash plan, cycle to work scheme, workplace pension with employer contribution of up to 5% of your salary (provided this is matched by you)
• Hybrid based role with up to 2 days from home (may require additional days in the office during probation period)
• Typical working hours Monday to Friday, 9am to 5:30pm with 1 hour for lunch
• 25 days annual leave (rising up to 30 days) plus bank holiday, plus 1 day’s birthday leave and 1 day for charity / community work each year

Location

North Somerset