We are currently recruiting for a National Financial Planning practice who are looking to recuit an IFA Administrator in their Worthing office.
Purpose of role
To provide pre and post-sales support to the Financial Advisers. To ensure that client documentation/requests are accurately processed and completed within the required time scales; and in accordance with the compliance guidelines as defined by the Company. To provide a high level of support to clients in an efficient, compliant and professional manner.
Key Responsibilities
1. To obtain illustrations, key features and application forms from Platforms Providers as required.
2. Compile client meeting packs containing documentation such as, but not limited to, valuations, client agreement, fact find, risk questionnaire and profile for the Adviser to use at client meetings.
3. To post client documentation to the client or product providers as appropriate.
4. To issue signed letters of authority (LOA) and transfer of agency (TOA) to providers and obtain standard policy information. Update client policy records on receipt of information on Intelliflo Office.
5. To accurately maintain client personal details and policy information and update on Intelliflo Office.
6. To prepare new business applications in accordance with the Company’s standard operating procedures and compliance handbook.
7. Deal with and respond to written, telephone and electronic general enquiries for IFAs, colleagues, clients and providers.
8. Provide clients with timely and accurate information and obtain any new business information and existing policy information from clients where required.
9. Maintaining relationships and contacts with providers to ensure a professional service.
10. Deal with any resulting fee and commission queries from the Finance Department.
11. To produce accurate, regular and ad-hoc client valuation schedules, and input into Intelliflo Office.
12. To arrange for amendments to encashment and withdrawal requests from existing client plans as instructed by the Adviser and inform the client by email where appropriate.
13. To update Intelliflo Office client records with the amendments.
14. Managing time effectively to ensure all work is processed. Regular reports such as cash balance monitoring, pipeline and weekly MI is reviewed in line with expectations.
15. To operate and manage an effective diary within Intelliflo Office to ensure that all activities are planned for and carried out in a timely manner.
16. To ensure that Advisers and the IFA Admin Manager are informed of any client related events and issues in a timely manner.
17. To provide cover and carry out duties for other Administrators in the team, in their absence. Where necessary: -
18. Projects - carry out projects as required by the business which may include the following key areas
19. o Intelliflo Office
20. o Platforms / Providers
21. o Investment Committee
22. o New Business
Experience / Skills Required
23. Computer literate in Microsoft Office and other applications
24. Excellent communication skills both written and verbal
25. Client centric in approach
26. Organised and highly motivated
27. Good levels Industry knowledge
28. Good attention to detail
29. Accurate data entry and record keeping skills
30. Willingness to study towards professional qualifications (desirable but not essential)