At a Glance
- Tasks: Assist in managing insolvency cases from start to finish while learning the ropes.
- Company: Join a well-established company in Northampton with a strong reputation in insolvency.
- Benefits: Enjoy a competitive salary and full training support to kickstart your career.
- Why this job: This role offers hands-on experience in finance and a chance to make a real impact.
- Qualifications: A degree in law, business, finance, or accounting is a plus but not essential.
- Other info: Perfect for organised individuals eager to learn and grow in a dynamic environment.
The predicted salary is between 24000 - 36000 £ per year.
We are offering an exciting opportunity to join a well-established company located in Northampton.
Role Overview: As a Trainee Insolvency Administrator, you will be trained to assist in managing insolvency cases (corporate) from inception to closure. This is an exciting opportunity for a highly organised and motivated individual looking to begin a career in insolvency. You will receive full training and support as you gain the necessary knowledge and skills to develop within the role.
Key Responsibilities:
- Assisting in the day-to-day administration of insolvency cases, including bankruptcies, liquidations, administrations, MVLs and CVLs.
- Preparing and processing relevant documentation and reports.
- Communicating with creditors, debtors, and other stakeholders as required.
- Managing deadlines and ensuring compliance with regulatory requirements.
- Maintaining accurate case records and files.
- Conducting investigations into company affairs, reviewing financial records, and analysing creditor claims.
- Assisting with the sale of assets and the distribution of funds to creditors.
- Learning to use insolvency software and understanding the relevant legal framework.
Key Requirements:
- Academic background (a degree or equivalent qualification in law, business, finance, or accounting is advantageous but not essential).
- A keen interest in insolvency, finance, and restructuring.
- Organisational skills with the ability to manage multiple tasks and deadlines.
- Communication skills, both written and verbal.
- Attention to detail and accuracy.
- Proficiency in Microsoft Office, especially Word and Excel.
- Ability to work well in a team and independently.
- A proactive approach to learning and development.
If this sounds interesting please send your CV with a cover letter to Logan@first2recruit.co.uk.
Trainee Insolvency Administrator employer: First 2 Recruit
Contact Detail:
First 2 Recruit Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trainee Insolvency Administrator
✨Tip Number 1
Familiarise yourself with insolvency terminology and processes. Understanding key concepts like bankruptcies, liquidations, and administrations will not only boost your confidence but also impress us during any discussions.
✨Tip Number 2
Network with professionals in the insolvency field. Attend relevant events or join online forums to connect with industry experts. This can provide you with valuable insights and potentially lead to referrals.
✨Tip Number 3
Demonstrate your organisational skills by managing a mock insolvency case. Create a timeline of tasks and deadlines to showcase your ability to handle multiple responsibilities effectively.
✨Tip Number 4
Brush up on your Microsoft Office skills, particularly Excel. Being proficient in data analysis and report generation will be crucial in this role, and it shows us that you're ready to hit the ground running.
We think you need these skills to ace Trainee Insolvency Administrator
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Trainee Insolvency Administrator position. Understand the key responsibilities and requirements to tailor your application accordingly.
Craft a Tailored CV: Highlight relevant skills and experiences in your CV that align with the role. Emphasise any academic background or interest in insolvency, finance, or business, and ensure your organisational and communication skills are clearly presented.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific reasons why you are interested in insolvency and how your skills make you a suitable candidate. Be sure to convey your proactive approach to learning.
Proofread Your Application: Before submitting, carefully proofread both your CV and cover letter. Check for spelling and grammatical errors, and ensure that all information is accurate and well-presented. A polished application reflects attention to detail.
How to prepare for a job interview at First 2 Recruit
✨Research the Company
Before your interview, take some time to research the company and its role in the insolvency sector. Understanding their values, recent cases, and overall mission will help you tailor your answers and show genuine interest.
✨Prepare for Common Questions
Anticipate questions related to your interest in insolvency and finance. Be ready to discuss why you want to pursue a career in this field and how your skills align with the responsibilities of a Trainee Insolvency Administrator.
✨Showcase Your Organisational Skills
Since the role requires strong organisational abilities, prepare examples from your past experiences where you successfully managed multiple tasks or met tight deadlines. This will demonstrate your capability to handle the demands of the job.
✨Ask Insightful Questions
At the end of the interview, ask thoughtful questions about the training process, team dynamics, or the types of cases you might work on. This shows your enthusiasm for the role and helps you gauge if the company is the right fit for you.