At a Glance
- Tasks: Support Employee Benefits team with administration and client communication.
- Company: Join Pareto Financial Planning, part of K3 Advisory Group in Manchester.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Dynamic workplace with opportunities for growth and learning.
- Why this job: Make a difference in clients' lives while gaining valuable experience in finance.
- Qualifications: Experience in Employee Benefits administration and strong IT skills.
The predicted salary is between 30000 - 40000 € per year.
Pareto Financial Planning, part of K3 Advisory Group's Wealth Management division, have an opportunity to join our Manchester office (3 days onsite) as an Employee Benefits Administrator. The role is to provide first-class administration support to the Employee Benefits department working together with a team of Employee Benefits Advisers, in order that we may provide the corporate client with a positive professional experience, offering highly technical and qualified knowledge and ongoing assistance.
Key Duties
- Process New Business for Auto Enrolment, Group Personal Pension, Group Risk, Group Private Medical Insurance and Cashplans.
- Be the key point of contact for your bank of corporate clients, keeping them informed during all stages of the lifecycle new business, renewals and being available for general queries.
- Issue Letters of Authority or Appointment and ensure all information is received back in a timely manner.
- Liaise with clients to obtain data required for Quotation.
- Examine data to ensure it is compliant with scheme rules and client’s needs.
- Obtain Quotations from Providers at both New business & Renewal Stage.
- Collate quote results into comparisons for Advisers to sign off for recommendations.
- Deal with the on risk and set up of new Employee Benefits Schemes.
- Renew or Switch schemes as directed by the Adviser team.
- Check & Issue Policy Documents & Accounts.
- Process Joiners/Leavers to PMI in a timely manner.
- Process Group Risk Claims.
- Produce Governance reports for Group Pensions.
- Provide analytics on clients for Adviser team.
- Answer Incoming call enquiries in a professional manner and redirect where required.
- Manage incoming/outgoing emails and post.
- Responsible for diary management of work for your assigned clients keeping to agreed SLAs.
- Ensure Back Office System is kept up to date and all client records are updated correctly and promptly in line with internal processes.
- Issue Invoices & manage any aged debt.
- Ensure fees are recorded internally in line with processes and SLA.
Compliance
- Adhere to FCA regulations in accordance with our compliance procedures.
- With Compliance Department assistance, keep up to date with legislation/compliance matters.
- Consumer Duty and TCF (Treating Customers Fairly) – pay due regard to the interests of our clients and treat them fairly in line with our TCF Mission Statement.
Relationships
- Develop and maintain good working relationships with Financial Advisers, colleagues and management in order to provide an efficient and effective service to the Adviser team and Clients.
- Maintain an effective ongoing relationship with your bank of clients.
- Establish good ongoing working relationships with product providers.
Required Skills & Experience
- Previous experience within Employee Benefits administration (managing Group Life Assurance / Insurance schemes particularly beneficial).
- Proficient in Microsoft Office applications.
- Self-motivation and organisational skills.
- A good level of numeracy and IT skills.
- A target-driven mind-set.
- CII qualifications desirable but not essential.
Employee Benefits Administrator in Manchester employer: KBS Corporate
At Pareto Financial Planning, part of the K3 Advisory Group, we pride ourselves on fostering a collaborative and supportive work environment in our Manchester office. As an Employee Benefits Administrator, you will benefit from comprehensive training and development opportunities, ensuring your professional growth while contributing to a team dedicated to delivering exceptional service to our corporate clients. With a strong emphasis on employee well-being and a culture that values innovation and teamwork, we offer a rewarding career path in the dynamic field of wealth management.
StudySmarter Expert Advice🤫
We think this is how you could land Employee Benefits Administrator in Manchester
✨Tip Number 1
Network like a pro! Reach out to your connections in the Employee Benefits field, attend industry events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by researching Pareto Financial Planning and understanding their approach to Employee Benefits. We want you to show off your knowledge and enthusiasm for the role, so practice answering common interview questions and think of examples from your experience that highlight your skills.
✨Tip Number 3
Follow up after your interviews! A quick thank-you email can go a long way in showing your appreciation and keeping you top of mind. We recommend mentioning something specific from your conversation to make it personal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Employee Benefits Administrator in Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Employee Benefits Administrator role. Highlight any relevant experience you have in managing employee benefits, and don’t forget to showcase your organisational skills and proficiency in Microsoft Office.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team at Pareto Financial Planning. Mention specific experiences that relate to the key duties listed in the job description.
Showcase Your Compliance Knowledge:Since compliance is a big part of this role, make sure to mention any experience you have with FCA regulations or compliance procedures. This will show us that you understand the importance of treating clients fairly and adhering to industry standards.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it, so don’t miss out on this opportunity!
How to prepare for a job interview at KBS Corporate
✨Know Your Stuff
Make sure you brush up on Employee Benefits administration, especially around Group Life Assurance and Insurance schemes. Familiarise yourself with the key duties mentioned in the job description so you can speak confidently about how your experience aligns with what they need.
✨Showcase Your Skills
Highlight your proficiency in Microsoft Office applications during the interview. Be ready to discuss specific examples of how you've used these tools in previous roles, particularly in managing data or producing reports, as this will demonstrate your organisational skills.
✨Be Client-Focused
Since the role involves maintaining relationships with clients, prepare to share examples of how you've successfully managed client interactions in the past. Emphasise your ability to treat customers fairly and keep them informed, which is crucial for this position.
✨Ask Smart Questions
Prepare thoughtful questions about the company’s approach to compliance and how they ensure they meet FCA regulations. This shows that you're not only interested in the role but also in understanding the company's values and commitment to their clients.
