New Business Administrator (Wealth Management) - London
Our client is looking for a New Business Administrator to join their Wealth Management team based in London. This will be a hybrid working role with 3 days in the office.
Main Duties and Responsibilities:-
1. Achieve a comprehensive understanding of the new business process and assist to develop where necessary.
2. Submitting all forms of new business.
3. Creating New Business Event and updating once on risk / NTU’d.
4. Ensuring that cases are progressed to the point of transfer completion and plans are put on risk.
5. Updating X-Plan with full plan details.
6. Follow the correct procedures to close off transferred / re-broked plans.
7. Adding fund accounts and initial funds – including full account details e.g. risk profile, account type, mandate etc.
8. Downloading all contract notes and saving to client records.
9. Send communication to client once new plans are in place, along with policy documents, where applicable.
10. Send fortnightly communications to the Advisers with updates on their cases.
11. Ensure all cases are signed off by the Compliance Department and all pre- submissions are progressed until completion.
12. Liaising with clients to arrange medical appointments.
13. Following and updating threads on X-Plan and ensure all tasks are closed off on completion.
14. Fund switches where new business is completed.
15. Any other reasonable task that may be asked of you.