At a Glance
- Tasks: Support advisers, prepare for client meetings, and research financial planning strategies.
- Company: A proud, independent IFA firm focused on nurturing talent and proper financial planning.
- Benefits: Up to £37,000 salary, profit-sharing bonuses, pension, private medical insurance, and 25 days holiday.
- Other info: Weekly training sessions and monthly appraisals ensure your continuous development.
- Why this job: Join a supportive team that values your growth and embraces technology in financial planning.
- Qualifications: Experience in financial administration and commitment to completing your Diploma.
The predicted salary is between 39600 - 48400 £ per year.
Work hard, they said. Be keen, they said. Start your exams. And then you'll get the progression you want. You've done your part. But have they? You won't face that problem here. At this IFA business they'll help develop you into the paraplanner you want, and know, you can be. And they won't just leave you to figure things out for yourself. There are weekly training sessions, monthly appraisals and genuine support from experienced financial planners to help you develop. This is a company that believes in nurturing its employees.
You'll work closely with an adviser, gradually taking on more paraplanning responsibilities as your skills and confidence grow. In the not too distant future, you'll be researching financial planning strategies, using cashflow modelling and getting involved in the thinking behind the advice. That will ultimately mean becoming a paraplanner in a "proper", independent, modern financial planning practice. And as you progress, so will your pay. You'll start on a salary of up to £37,000, depending on your experience and qualifications. Plus, you'll get a share of the profits through a team bonus scheme, which typically adds around 10% to your salary.
Alongside that there's:
- Pension
- Life assurance
- Private medical insurance
- Income protection
- Electric vehicle scheme
- 25 days holiday plus extra days off over Christmas (they close between Xmas and the New Year)
What we really like about this business is that they're committed to developing their people. Weekly training and monthly appraisals mean you'll know how you're progressing, where you need to improve and what you're working towards. How refreshing is that?
WHAT YOU'LL DO
You'll provide support to one of the firm's advisers and become an important part of their advice team. You'll help prepare for client meetings, review clients' circumstances and financial plans and gradually become more involved in researching and evaluating potential recommendations. You'll learn to use Voyant for cashflow modelling, prepare suitability reports and develop an understanding of how different financial planning strategies can help clients achieve their goals. And this isn't a business that sees paraplanning as simply writing reports. They're embracing AI and new technology, freeing up more time for the analysis, problem-solving and human side of financial planning. You'll have the opportunity to get involved in that too. The pace of progress will depend on how you develop. There's no one-size-fits-all approach, but you'll have plenty of support along the way.
WHAT YOU'LL NEED
Experience working in administration within a financial planning business. Ideally 3-4 R0 exams already passed, with a commitment to completing your Diploma. A genuine desire to develop into a paraplanning role. Evidence that you've already taken steps towards that goal, whether through exams, additional responsibilities or seeking exposure to the advice process. Strong organisational skills, the ability to use your initiative and a willingness to take ownership of your work will also set you apart.
ABOUT THE COMPANY
This IFA firm is fiercely independent and fiercely proud to be small. What's more, they aren't set up to sell. You don't have to worry about being bought out by a firm that you wouldn't have chosen to join. They're a friendly, growing business providing ongoing financial planning advice to around 200 households. They're passionate about proper financial planning, helping real people achieve their goals rather than simply selling financial products. They're also a business that punches above its weight, not least through its investment proposition in association with Albion Strategic. They believe in doing things properly, looking after their clients and employees, and constantly finding ways to improve. That includes embracing technology and AI. They believe it will reshape financial planning for the better and want people who are excited about the possibilities rather than worried about change. Most importantly, they're looking for someone who wants to build a career with them. Someone keen to learn, happy to ask questions and willing to make a real contribution to a small team.
Trainee Paraplanner in Stockport employer: Exchange Street Claims & Financial Services
As a leading firm in the claims management sector, we pride ourselves on fostering a supportive and dynamic work culture that empowers our employees to excel. With a focus on professional development and a commitment to work-life balance, our remote positions offer flexibility while allowing you to manage high-value domestic claims across the vibrant Leeds and Yorkshire regions. Join us to be part of a team that values your expertise and provides ample opportunities for growth and advancement.
Contact Details:
Exchange Street Claims & Financial Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Trainee Paraplanner in Stockport
✨Get Involved with University Events
Trainee roles in financial controlling often pop up through university career fairs and networking events. Join finance-related societies at your university so you can mingle with professionals and get the insider scoop on who’s hiring. Plus, these events often have companies like Exchange Street Claims & Financial Services actively scouting for fresh talent, so get your face out there!
✨Show Off Your Excel Skills
Financial controlling is all about crunching numbers and analysis, so make sure you highlight any relevant skills, especially in Excel. Consider creating a portfolio showcasing your analytical projects or even doing a small financial analysis on a company like Exchange Street Claims & Financial Services. This will not only impress them but also show you’re proactive!
✨Leverage Professional Networks
Connect with professionals in the financial controlling space through platforms like LinkedIn. Join finance groups and participate in discussions. Even better, search for mentors who can guide you through the maze of securing a trainee role. It’s all about building those connections!
✨Apply through Your University
Many firms, including Exchange Street Claims & Financial Services, have partnerships with universities for trainee positions. Make sure you utilise your university's career services to get access to exclusive openings and even mock interview practice. Don’t just submit your application blindly—tap into this resource to maximise your chances of landing that trainee position.
We think you need these skills to ace Trainee Paraplanner in Stockport
Some tips for your application 🫡
Show Off Your Academic Credentials:In the financial controlling world, your grades matter! Highlight your academic achievements, especially in relevant subjects like finance, accounting, or economics in your CV. If you’ve completed any finance-related courses or certifications, don’t shy away from boasting about them!
Quantify Your Experience:Employers love numbers! When describing any work experience or projects on your CV, try to include metrics or results. For example, if you managed a budget or helped cut costs for a project, mention how much you saved or increased efficiency. This shows you can make an impact.
Express Your Passion in the Cover Letter:As a trainee, your eagerness to learn is crucial. Use your cover letter to convey your enthusiasm for finance. Share what intrigues you about financial controlling and how this role at Exchange Street Claims & Financial Services can help you grow your skills and knowledge in the field.
Tailor Your Application to Exchange Street Claims & Financial Services:When applying, it’s vital to tailor your CV and cover letter to reflect the values and goals of Exchange Street Claims & Financial Services. Mention specific projects or initiatives of the company that resonate with you. Personalising your application shows you’ve done your research and are genuinely interested in being part of their team.
How to prepare for a job interview at Exchange Street Claims & Financial Services
✨Master the Numbers
Finance ain't just about the glitzy spreadsheets! Brush up on your numerical skills and be prepared for some practical case questions. Expect scenarios where you’ll need to crunch some numbers to analyse financial scenarios—it’s a big part of the trainee role in financial controlling.
✨Know Your Tools
Familiarise yourself with financial software and tools commonly used in the industry like SAP or Excel. During the interview, you might be quizzed on your experience with these tools and how you would use them to streamline financial reporting or budgeting processes.
✨Show Your Willingness to Learn
As a trainee, your potential is just as important as your current skills. Be prepared to talk about your eagerness to learn and grow in the role. Sharing examples of how you've picked up new skills in the past can show that you’re adaptable and ready for the challenges ahead!
✨Ask Smart Questions
Tailor your questions to show you understand the financial controlling field—think about how the company handles its financial reporting processes or ask about the specific tools they use. This not only demonstrates your interest but gives us insight into your analytical thinking and engagement with the role at Exchange Street Claims & Financial Services.
