At a Glance
- Tasks: Assist Financial Advisers, manage client records, and research financial products.
- Company: Join a dynamic financial services team in the East Midlands.
- Benefits: Enjoy 25 days annual leave, flexible benefits, and a company pension scheme.
- Other info: Opportunity for career growth and industry qualifications.
- Why this job: Gain valuable experience in finance while working in a fun, supportive environment.
- Qualifications: Strong communication skills and attention to detail; previous experience is a plus.
The predicted salary is between 22050 - 26950 £ per year.
Working in collaboration with a Financial Adviser and other colleagues, you will assist the Financial Adviser in preparing recommendations in line with company policy including preparing and maintaining client records. Learn all aspects of the business and become a valued member of the team and pass industry-based exams. You will be expected to keep up to date with legislative and industry changes which affect the business and its clients. There will be client contact but you are not authorised to give advice.
Responsibilities
- Research a broad range of financial products across all financial sectors
- Maintain regular contact with clients providing assistance where required
- Liaise with various providers, gathering and correlating plan/policy information and ensuring a smooth and timely business process
- Managing and maintaining a precise record of pipeline and submitted business in order to be able to update clients and Adviser accordingly
- Sending Letters of Authority
- Collate and evaluate client policy/investment/pension
- Researching products and funds using software such as Select A Pension and FE Analytics
- General Administration duties
- Create and maintain client files and enter details onto back office database
- Submitting Business on internal and external systems
- Prepare paperwork for pre-sale and post-sale
- Maintain regular contact with clients, booking clients in for annual reviews and management of review process
- New business processing and submission to Business quality, submitting onto external and internal systems
- Monitoring of trail fees, consolidation of correct amounts from correct providers and Fairstone payment & invoicing clients for new and ongoing fees where applicable and subsequent monitoring and follow up
- Develop a broad knowledge of financial products including both individual and employer pension knowledge, investments and protection products
- General Administration and client servicing support as needed
The ideal person
- Ability to build strong working relationships with both the IFA and the rest of the team.
- Previous experience of working within a similar role within a financial services business is desirable.
- Experience using Financial research tools.
- Working towards diploma qualification preferred, but not essential.
- It is essential that you possess strong communication skills, have a high attention for detail, and have interpersonal and organisational skills with the ability to work in a busy, fun and professional environment.
- You must be happy to work on your own and as part of a team and have excellent time management skills.
- Good IT skills including Office 365.
- Capable of meeting deadlines and being able to prioritise effectively.
- Good telephone manner.
Qualifications
- Working towards diploma qualification preferred, but not essential.
Benefits
- Company pension scheme
- Death in service
- 25 days annual leave
- Flexible Benefits
- Birthday as an additional day off
- Opportunity to purchase additional holidays
- Enhanced family friendly policies
- Cycle to work scheme
Equal Opportunities
Fairstone is committed to the equal treatment of all current and prospective employees and does not condone discrimination on the basis of age, disability, sex, sexual orientation, pregnancy and maternity, race or ethnicity, religion or belief, gender identity, or marriage and civil partnership.
Administrator - East Midlands Hub employer: Fairstone Group
Join a dynamic and supportive team as an Administrator in a thriving financial services environment, where your contributions directly impact client satisfaction and operational efficiency. With a strong emphasis on employee growth, we offer comprehensive development opportunities, flexible benefits, and a generous leave policy that rewards your commitment over time. Our inclusive work culture fosters collaboration and innovation, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Administrator - East Midlands Hub
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Fairstone Group. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Fairstone Group.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Fairstone Group. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Administrator - East Midlands Hub
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Fairstone Group and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Fairstone Group how you can be a team player!
How to prepare for a job interview at Fairstone Group
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Fairstone Group.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with Fairstone Group's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
