| Description: |
An award winning, highly successful multi-office Wealth Manager requires an experienced New Business Administrator to join it's vibrant and friendly team based in North London. Competitive base, comprehensive benefits, exam support, and progression New Business Administrator - Job Description The New Business Administrator role will support the onboarding, submission, and servicing of all different forms of financial plans and policies as required. This role involves coordinating with Advisers, Paraplanners, and clients to ensure seamless processing of new business cases, accurate data management, and timely communication. The main duties and responsibilities of this role are as follows (this list is not exhaustive, but a guide): New Business Administrator - Key Responsibilities New Business Processing - Submit all forms of new business following company procedures, including:
- Business submission
- Create CommPay lodgements for revenue expectations
- Set up fund accounts and initial investments with full account details (e.g., account type, mandate)
- Create and update New Business Events based on case status (on risk, NTU'd, declined, deferred)
- Ensure cases progress to transfer/completion and plans are placed on risk
- Implement fund switches and Bed & ISA transactions as required
- Ensure any fees due are received
- Update all relevant details and fields within the back-office system to ensure data remains current
Communication & Coordination - Liaise with Advisers, Paraplanners and clients to keep them informed on timescales
- Email application summaries, contract notes, and transaction histories to Advisers and Paraplanners
- Send client communications once plans are implemented and/or notify the Adviser to action
- Coordinate medical appointments with clients when required
Revenue & Data Management - Confirm receipt of first revenue payments
- Match initial and ongoing revenue in CommPay with the Finance Team
- Check, link, and refresh data feeds to ensure policy alignment
Quality Assurance & Compliance - Ensure four-eyes checks are conducted on all case submission and trades
- Verify application completeness before submission
- Attach and categorise all documentation/emails in Xplan against correct plans
- Check all data input into Xplan for continuous data accuracy and integrity
System & Record Maintenance - Download and save contract notes to client records
- Update Xplan with full plan details and CommPay lodgements
- Monitor and complete tasks in Xplan promptly
- Maintain accurate time recording
Adviser Support & Projects - Perform any project-based tasks to support adviser functions and ongoing servicing as required
APPLY TODAY or call Robert ASAP!  |
