At a Glance
- Tasks: Lead a dynamic Paraplanning team to create tailored financial strategies for clients.
- Company: Join M&G plc, a trusted name in savings and investments for over 175 years.
- Benefits: Enjoy 38 days annual leave, a generous pension scheme, and flexible working options.
- Other info: Be part of an inclusive culture that values diversity and supports career growth.
- Why this job: Make a real impact by guiding clients on their financial journeys with expert advice.
- Qualifications: Must have relevant financial qualifications and experience in Paraplanning or Advice.
The predicted salary is between 55000 - 65000 € per year.
Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.
Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions. Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
We will consider flexible working arrangements for any of our roles and also offer workplace accommodations to ensure you have what you need to effectively deliver in your role.
Our Paraplanning team takes responsibility for preparing detailed financial planning strategies in line with our clients' individual objectives. The highest compliance standards are critical and being able to provide context to clients in relation to their advice journey is essential. Our valued support frees up the Financial Planner's time to focus attention on client-facing duties.
We are a key team within the Sandringham / M&G Advice business, who help support 150+ advising partners within the growing network. Reporting to the Head of Advisory Operations, this role is responsible for leading the Paraplanning unit to deliver individual and team objectives across productivity and quality. This requires a commercial mindset to lead unit goals as well as taking responsibility for processes and procedures with a control environment.
As paraplanning manager, you will develop paraplanners within the team, supporting their objectives in performance and career progression. In addition to leadership responsibilities, as an experienced Paraplanner, you will be able to analyse clients' needs and objectives, developing often complex financial planning strategies as agreed with the Financial Adviser. You will be responsible for compiling the research and suitability for more technical cases areas across investments and pensions, drafting a client-centric financial planning report to summarise the advice.
The role would be a great opportunity for those looking to progress their career within a Paraplanning function.
Key Responsibilities:- Facilitate onboarding and capability development for new and existing paraplanners
- Conduct quality assurance reviews of paraplanning cases, providing feedback and monitoring of quality outcomes
- Manage clear accountabilities and stretching work objectives across the team, recognising successes and following processes to manage performance
- Act as a subject matter expert (SME) for product and process knowledge, supporting colleagues in resolving complex queries
- Conduct quality analysis and research to arrive at the most suitable outcome for the client, enabling effective judgements on the suitability of client outcomes and supporting documentary evidence, in line with regulatory and internal standards
- Undertake whole of market research on new and existing clients using FE Analytics, Cashflow modelling and our in-house research tools
- Engage with stakeholders across the business to deliver a great experience for our teams, our Partners and our Clients, managing conflict and using influencing skills where required
- Strong people management for the paraplanning team, with accountability for influencing performance and delivering structured development to improve team and individual capability
- Keep up to date with the latest industry knowledge in order to support advisers and communicate this effectively with the team. Focused on continual improvement of the service to our customers
- Relevant professional qualification (CII Diploma in Regulated Financial Planning or suitable alternative at Level 4 or above) is essential for the role
- Previous Paraplanning or Advice experience essential
- Detailed knowledge of assessing suitability of complex advice outcomes
- Detailed knowledge of Pension and Investment products is essential to the role
- Working knowledge of Risk, Compliance and Advice in UK financial services
- Strong communication skills with the ability to communicate with all levels
- Excellent interpersonal skills to form effective working relationships
- Flexibility and adaptability in a changing environment
- Excellent organisation and prioritisation skills to be able to work to multiple competing deadlines
- A good knowledge of private wealth products
Location: Huddersfield, Stirling or Edinburgh
What we offer: At M&G, we're committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:
- A valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.
- 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy.
- Market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave.
- Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options.
M&G is proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: careers@mandg.com
Paraplanning Manager - M&G plc. in Huddersfield employer: M&G plc
M&G plc is an exceptional employer that prioritises employee wellbeing and career development, offering a generous benefits package including an 18% pension scheme, 38 days of annual leave, and comprehensive family support policies. With a commitment to flexible working arrangements and a diverse, inclusive culture, M&G fosters an environment where employees can thrive both personally and professionally, making it an ideal place for those seeking meaningful and rewarding careers in financial services.
StudySmarter Expert Advice🤫
We think this is how you could land Paraplanning Manager - M&G plc. in Huddersfield
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services industry, especially those who work at M&G. A friendly chat can sometimes lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by practising common paraplanning scenarios. Think about how you would handle complex client needs and compliance issues. We want to see your problem-solving skills shine!
✨Tip Number 3
Show off your knowledge! Stay updated on the latest trends in pensions and investments. Being able to discuss current market conditions will impress interviewers and show you're passionate about the field.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the M&G team.
We think you need these skills to ace Paraplanning Manager - M&G plc. in Huddersfield
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Paraplanning Manager role. Highlight your relevant experience in financial planning and compliance, and show how you align with M&G's values of care and integrity.
Showcase Your Skills:Don’t just list your qualifications; demonstrate how your skills in managing paraplanners and conducting quality assurance can contribute to the team. Use specific examples to illustrate your leadership and analytical abilities.
Be Clear and Concise:Keep your application straightforward and to the point. Use clear language to convey your thoughts, making it easy for the hiring team to see why you’re a great fit for the role without wading through unnecessary fluff.
Apply Through Our Website:We encourage you to submit your application directly through our website. This ensures that your application is received promptly and allows us to process it efficiently. Plus, it’s super easy!
How to prepare for a job interview at M&G plc
✨Know Your Stuff
Make sure you brush up on your knowledge of complex financial planning strategies, pensions, and investment products. Being able to discuss these topics confidently will show that you're not just familiar with the basics but can also handle the intricacies of the role.
✨Showcase Your Leadership Skills
As a Paraplanning Manager, you'll be leading a team. Prepare examples of how you've successfully managed teams in the past, focusing on how you've developed others and improved performance. This will demonstrate your capability to lead and inspire.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, especially around compliance and client interactions. Think through potential scenarios and how you would approach them, highlighting your problem-solving skills and attention to detail.
✨Engage with the Company Culture
Familiarise yourself with M&G's values and culture. Be ready to discuss how your personal values align with theirs, particularly around integrity and collaboration. Showing that you understand and appreciate their culture can set you apart from other candidates.
