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- Tasks: Support daily functions in insolvency, from data processing to drafting reports.
- Company: Join a dynamic team focused on managing insolvency cases and supporting clients.
- Benefits: Gain hands-on experience, develop skills, and work in a supportive environment.
- Why this job: Perfect for those looking to make an impact while learning about financial processes.
- Qualifications: Previous admin experience and GCSEs in Maths and English required.
- Other info: Opportunity to work with stakeholders and gain insights into insolvency management.
The predicted salary is between 36000 - 60000 £ per year.
As Insolvency Administrator, you will be reporting to the Insolvency Manager and being fully responsible for supporting the daily functions of the department., * Data processing, reviewing financial information and producing first drafts of reports
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Assisting the manager and/or partner in preparing for meetings
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Drafting Statements of Affairs, Chairman’s Reports and Annual Reports
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Arranging interviews with Consumers & Bankrupts
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Taking notes and meeting minutes
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Procedural matters such as filing, reporting, document preparation and statutory compliance
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Basic investigations into insolvent estates
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Management of case queries
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Daily accurate recording and entry of your time on to the time management system
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Land registry searches and registering property restrictions
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Liaising with creditors
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Data input and excel reports
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Monitoring and allocating and actioning post and electronic communications received
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Any other duties as required
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Previous Administrator experience
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GCSEs at grade C (or equivalent) or above in Maths and English
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Excellent communication skills with the ability to communicate with stakeholders at all levels
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Ability to manage and prioritise a busy workload and schedule
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Ability to work as part of a team as well as on your own initiative
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Attention to detail with good numeracy
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Communicating effectively with Creditors, Debtors and stakeholders
Desirable:
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Experience of using case management software
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Insolvency experience
Insolvency Administrator employer: Reed Specialist Recruitment Ltd
Contact Detail:
Reed Specialist Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insolvency Administrator
✨Tip Number 1
Familiarize yourself with insolvency laws and procedures. Understanding the legal framework will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the insolvency field. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to job openings.
✨Tip Number 3
Brush up on your data processing and Excel skills. Since the role involves a lot of data input and report generation, being proficient in these areas will give you an edge over other candidates.
✨Tip Number 4
Prepare for situational questions that assess your ability to manage a busy workload. Think of examples from your past experience where you successfully prioritized tasks and met deadlines.
We think you need these skills to ace Insolvency Administrator
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Insolvency Administrator position. Understand the key responsibilities and required skills, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience as an administrator, particularly in insolvency or related fields. Mention specific tasks you've handled that align with the job requirements.
Showcase Communication Skills: Since excellent communication skills are crucial for this role, provide examples in your application of how you've effectively communicated with stakeholders, creditors, and team members in past positions.
Attention to Detail: Demonstrate your attention to detail by ensuring your application is free from errors. Use clear formatting and concise language, and consider including a brief example of a time when your attention to detail made a difference in your work.
How to prepare for a job interview at Reed Specialist Recruitment Ltd
✨Showcase Your Experience
Be prepared to discuss your previous experience as an administrator, especially in insolvency. Highlight specific examples where you successfully managed case queries or assisted in preparing reports.
✨Demonstrate Communication Skills
Since the role requires excellent communication with stakeholders, practice articulating your thoughts clearly. Be ready to provide examples of how you've effectively communicated with creditors and debtors in past roles.
✨Highlight Attention to Detail
Attention to detail is crucial in this position. Prepare to discuss how you ensure accuracy in data processing and report drafting. You might want to share a situation where your attention to detail made a significant difference.
✨Prepare for Practical Scenarios
Expect to be asked about how you would handle specific scenarios related to insolvency administration. Think through potential challenges you might face and how you would prioritize tasks or manage your workload effectively.
