Insolvency Practitioner

Insolvency Practitioner

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead insolvency cases and ensure compliance while liaising with stakeholders.
  • Company: Join Sumer, a top UK accountancy group supporting local businesses.
  • Benefits: Enjoy 25+ days holiday, health insurance, and a generous pension scheme.
  • Why this job: Make an impact in London’s economy while growing your professional network.
  • Qualifications: Must be a licensed Insolvency Practitioner with strong case management experience.
  • Other info: Opportunity to represent the firm at industry events and contribute to team growth.

The predicted salary is between 43200 - 72000 £ per year.

Sumer is one of the UK’s leading mid-market accountancy groups, bringing together high-quality regional firms to create a national network with deep local roots. With over 1,000 employees across 40+ offices, Sumer provides ambitious SMEs with expert advice and tailored services across accounting, tax, audit, corporate finance, and business recovery. Our mission is to champion the regional economy by supporting businesses that are the backbone of local communities.

RMT is expanding our Corporate Recovery & Insolvency team with the appointment of a licensed Insolvency Practitioner to lead our presence in London. This is a senior role for someone looking to take ownership of a portfolio, grow the firm’s reputation in the capital, and build strong networks with professional referrers.

Key Responsibilities
  • Take formal appointments across a range of insolvency cases, including CVAs, CVLs, MVLs, and Administrations.
  • Oversee all stages of case progression, ensuring compliance with regulatory and statutory requirements.
  • Liaise directly with directors, creditors, solicitors, agents, and other stakeholders.
  • Identify risks and opportunities on each case and work with internal teams (tax, corporate finance, etc.) to deliver commercially sound outcomes.
  • Actively develop relationships with London-based referrers including accountants, solicitors, and lenders.
  • Represent RMT at relevant industry events, networking forums, and meetings to raise the firm’s profile.
  • Support the wider business development strategy and contribute to team growth.
Skills, Knowledge and Expertise
  • A licensed Insolvency Practitioner (JIEB qualified).
  • Strong technical knowledge and experience managing a broad range of insolvency cases from start to finish.
  • Established network within the London market (or willingness to build one quickly).
  • Confident working independently while maintaining close links with the wider team.
  • Good understanding of insolvency software (IPS or equivalent).
  • Commercial approach, with the ability to assess situations pragmatically and communicate clearly with clients and stakeholders.
Benefits
  • A generous Company pension scheme
  • Minimum 25 days holiday
  • Permanent Health Insurance
  • Life insurance of 4 x salary
  • Health cash plan to provide cash towards dental and opticians costs

Insolvency Practitioner employer: Sumer Group Holdings Limited

Sumer is an exceptional employer, offering a dynamic work environment in the heart of London where you can take ownership of your portfolio and make a significant impact on the regional economy. With a strong focus on employee growth, we provide ample opportunities for professional development, alongside a generous benefits package that includes a robust pension scheme, health insurance, and a supportive culture that values collaboration and innovation.
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Contact Detail:

Sumer Group Holdings Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Insolvency Practitioner

✨Tip Number 1

Network actively within the London insolvency community. Attend industry events, seminars, and networking forums to meet potential referrers like accountants and solicitors. Building these relationships can significantly enhance your visibility and reputation in the market.

✨Tip Number 2

Stay updated on the latest trends and changes in insolvency regulations. This knowledge will not only help you in interviews but also demonstrate your commitment to the field and your ability to provide informed advice to clients and stakeholders.

✨Tip Number 3

Showcase your technical skills and experience with insolvency software during discussions. Being proficient in tools like IPS can set you apart from other candidates and highlight your readiness to hit the ground running in this role.

✨Tip Number 4

Prepare to discuss specific cases you've managed in the past. Highlighting your ability to oversee all stages of case progression and your approach to identifying risks and opportunities will demonstrate your practical experience and strategic thinking.

We think you need these skills to ace Insolvency Practitioner

Licensed Insolvency Practitioner (JIEB qualified)
Strong technical knowledge of insolvency cases
Experience managing CVAs, CVLs, MVLs, and Administrations
Understanding of regulatory and statutory compliance
Excellent communication skills
Ability to liaise with directors, creditors, solicitors, and other stakeholders
Risk assessment and opportunity identification
Networking skills within the London market
Proficiency in insolvency software (IPS or equivalent)
Commercial acumen and pragmatic approach
Ability to work independently and collaboratively
Business development and relationship-building skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience as a licensed Insolvency Practitioner. Focus on your technical knowledge and any specific insolvency cases you've managed, especially those relevant to the role at Sumer.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the position and the company. Mention your established network within the London market and how you plan to leverage it to grow Sumer's reputation.

Showcase Relevant Skills: Emphasise your ability to manage a range of insolvency cases and your understanding of insolvency software. Provide examples of how you've successfully navigated complex situations in previous roles.

Highlight Networking Experience: Discuss your experience in building relationships with professional referrers such as accountants and solicitors. Mention any relevant industry events or forums you've attended to demonstrate your proactive approach to networking.

How to prepare for a job interview at Sumer Group Holdings Limited

✨Showcase Your Technical Knowledge

As an Insolvency Practitioner, it's crucial to demonstrate your strong technical knowledge and experience. Be prepared to discuss specific cases you've managed, the challenges you faced, and how you navigated them. This will show your depth of understanding and ability to handle complex situations.

✨Network Like a Pro

Since building relationships with referrers is key for this role, come ready to discuss your existing network in London or your strategies for developing one quickly. Mention any relevant industry events you've attended or plan to attend, as this shows your proactive approach to networking.

✨Understand the Company Culture

Research Sumer and RMT's values and mission. Understanding their commitment to supporting local businesses will help you align your answers with their goals. Share examples of how your personal values resonate with theirs, particularly in terms of community support and business recovery.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving skills and commercial approach. Prepare examples where you've identified risks and opportunities in insolvency cases, and be ready to explain your thought process and the outcomes of your decisions.

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