At a Glance
- Tasks: Manage new business cases and ensure seamless onboarding of financial plans.
- Company: Dynamic financial services firm with a supportive team culture.
- Benefits: Competitive salary, career growth opportunities, and flexible working options.
- Other info: Great chance for professional development and structured career progression.
- Why this job: Join a pivotal role in a fast-paced environment and make a real impact.
- Qualifications: Experience in financial administration and strong communication skills.
The predicted salary is between 28000 - 34000 £ per year.
Location: North London/ Hybrid
Salary: £28,000 – £34,000 per annum (dependent on experience)
Position Type: Full-time, Permanent
About the Role
We are seeking a detail-oriented and proactive New Business Administrator to join our dynamic team. In this pivotal support role, you will oversee the onboarding, submission, and ongoing servicing of a wide range of financial plans and policies. Working closely with Financial Advisers, Paraplanners, and clients, you will play a crucial role in ensuring the seamless processing of new business cases, maintaining flawless data integrity, and delivering exceptional service standards across the firm.
Key Responsibilities
- New Business Processing & Case Management: Accurately submit all types of new business in accordance with internal compliance procedures. Set up new fund accounts, mandate details, and initial investments. Create CommPay lodgements to track revenue expectations and confirm initial payment receipts. Actively track case progression through to transfer/completion, ensuring plans are placed on risk efficiently. Implement fund switches, Bed & ISA transactions, and verify receipt of all due fees.
- Data & Back-Office Systems Management (Xplan): Maintain, update, and audit client records and system fields within Xplan to ensure continuous data accuracy. Attach, link, and categorise all documentation, emails, and transaction notes against relevant client plans. Monitor and refresh data feeds to ensure alignment across policies. Complete daily tasks, workflow events, and accurate time-recording within Xplan in a timely manner.
- Communication & Adviser Support: Serve as a key point of contact for Advisers, Paraplanners, and clients, keeping all parties updated on case timescales and progress. Issue application summaries, contract notes, and transaction histories promptly. Send client completion communications or brief Advisers on required next steps. Coordinate client medical appointments where necessary for underwriting purposes. Assist with ad-hoc projects and general administrative tasks to support ongoing client servicing.
- Quality Assurance & Compliance: Conduct thorough pre-submission completeness checks on all application forms. Adhere strictly to four-eyes checking protocols for case submissions and trading instructions. Work alongside the Finance Team to match initial and ongoing revenue in CommPay.
Key Skills & Experience
- Experience: Proven experience in a New Business, Financial Planning Administration, or Sales Support role within the financial services sector.
- System Knowledge: Hands-on experience with Xplan and revenue systems like CommPay is highly advantageous.
- Technical Understanding: Familiarity with various financial products, investment transfers, Bed & ISA transactions, and fund switching processes.
- Attention to Detail: Excellent accuracy, strong data entry standards, and a commitment to maintaining strict compliance and quality assurance.
- Communication: Clear, professional verbal and written communication skills for liaising with Advisers, clients, and third-party providers.
- Organization: Ability to manage multiple priorities, monitor open tasks, and drive cases to completion independently.
What We Offer
- Competitive salary of £28,000 – £34,000 per annum.
- Opportunities for professional growth and structured career progression.
- Supportive, team-oriented working environment.
- [Insert additional benefits, e.g., Pension, Life Assurance, Flexible/Hybrid working, Study support].
How to Apply
To apply for this role, please submit your CV and a brief cover letter outlining your relevant financial services administration experience.
New Business Administrator in London employer: Fintro
Join our dynamic team in Leicester as a Trainee Financial Advisor, where we prioritise your professional growth and success. With a structured career progression pathway, direct mentorship from seasoned professionals, and a supportive work culture, you will be well-equipped to achieve your Competent Adviser Status (CAS) and thrive in a rewarding financial advisory career. Our commitment to employee development, coupled with a competitive salary and benefits, makes us an exceptional employer for aspiring financial advisors.
StudySmarter Expert Advice🤫
We think this is how you could land New Business Administrator in London
✨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 Fintro. 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 Fintro.
✨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 Fintro. 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 New Business Administrator in London
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 Fintro 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 Fintro how you can be a team player!
How to prepare for a job interview at Fintro
✨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 Fintro.
✨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 Fintro'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!
