Trainee Financial Planning Assistant - Bath - £23k to £28k

£23,000 - £28,000 yearly
  • Unividual
  • Bath, UK
  • 11/09/2020
Full time Trainee / Apprentice Financial Adviser / IFA Financial Planner Paraplanner Financial education / training

Job Description

Ever thought about a career as a financial adviser or paraplanner? Perhaps you are already a paraplanner and want to take your career to the next level? Unividual are currently hiring individuals to join our in-house academy that trains aspiring finance professional in to Chartered Financial Planners.

Established 20 years ago, Unividual is an award winning, family-run business that provides lifetime personal financial advice and business financial advice across the world. The business set up Unicademy over 10 years ago to cultivate the next generation of financial advisers and paraplanners. Our proven track-record has gained significant attention from the industry and trade press, last year we had over 1000 applications for the academy. We have spent the last five years growing our team and culture. There is now 20 of us in the Unividual family, divided across our Bath and London offices and this position is based in our Bath office.

The Role

Job Title: Financial Planning Administrator
Location: Bath, BA1 3AN
Salary: £23,000 to £28,000 dependent on experience
Start Date: To be confirmed
Contract type: permanent, full-time 
Application process: CV and Covering Letter, followed by interview and experience day. If you do not provide a covering letter your application will not be considered.

You will begin working as a trainee financial planning assistant, which is also known as a paraplanner in our industry. During this time, you will study towards the Diploma and Advanced Diploma in Regulated Financial Planning with the Chartered Insurance Institute. You will receive professional training, a structured study plan and study days away from the office to revise. Unividual will sponsor you through all of this including the cost of learning materials*. This is combined with on-the-job training giving you all the tools to become part of Unividual’s financial planning team. Eventually you will become a professional in areas such as pensions, protection, mortgages, investments, tax and trusts, wealth management, estate planning and much more. Once you have become a Chartered Financial Planner you can choose between two career paths. The first option is to become a technical specialist or team leader. The second is to become a financial adviser, where you can run your own mini-business within the the Unividual environment.

Example of every day duties

  • Communicate with the financial advisers to discuss client financial objectives
  • Identify and obtain the information necessary to compile financial cashflow forecast
  • Prepare information and comparisons for analysis by planner
  • Prepare draft recommendation reports to be discussed/signed off by planner
  • Write letters and emails to clients and product providers
  • Consider current and future allocation of assets for investment strategy with regards to client risk profile
  • Conduct medical questionnaires and chase doctors for information
  • Liaising and chasing product providers on behalf of clients
  • Prepare suitability letters in accordance with the agreed recommendations
  • Implement chosen investment strategies and make changes to clients’ investments as instructed

Required qualifications & experience

Candidates that meet the below criteria will be short-listed

1. A 2:1 or 1st Degree (or predicted degree) or industry related qualifications

2. Three A Levels, C grade and above

3. GCSE English, Maths and Science at least a grade B and above

4. At least three months financial services experience (voluntary or paid)

5. Experience of working in a business, in an office environment, for at least one year

If you are short-listed for interview a job description and person specification will be made available which outlines detail on the key skills and characteristics we look for:
 

  • SELF-MANAGEMENT & ORGANISATION
  • IT SKILLS
  • THRIVES IN A FAST-PACED ENVIRONMENT
  • TEAM-ORIENTATED
  • INTELLIGENCE
  • INTEGRITY
  • LEARNING ORIENTATED
  • RESILIENCE

Benefits package

  • £23,000 basic annual salary
  • Three promotion opportunities along the training programme
  • Bonus after successful completion of your Diploma and Advanced Diploma
  • Sponsorship through your CII Diploma and Advanced Diploma in Financial Planning*
  • Paid time off work to revise and take exams
  • Income protection, after initial probationary period
  • Workplace pension, including employer contributions
  • Vouchers of your choice and extra holiday days when targets are met
  • Team building events
  • 27 days’ holiday (including bank holidays)
  • Extra day’s holiday for every year of service up to 5 years
  • 10% to 20% client referral bonus scheme
  • Rewards for 5 and 10 years of service

*Like all businesses, if a member of staff leaves our employment they will be required to pay back the entire cost of their training. These details will be laid out to you from the start of your application.