Business Administration Level 3 Apprentice PRISM FINANCIAL ADVICE LTD

Prism Financial Advice Ltd are looking to recruit an apprentice to join their team! This is a fantastic opportunity with a very supportive employer. If you’re looking to step into the finance industry and develop your skills to progress into a full-time role, apply NOW!

This apprenticeship requires you to apply through the employer's website.

Apply now

Closing date: 06 Oct 2023

Apprenticeship summary

  • Annual wage

    £10,296.00

  • Working week

    Monday - Friday 9.00am - 5.00pm with an hour for lunch.

    Total hours per week: 35

  • Expected duration

    15 Months

  • Possible start date

    09 Oct 2023

  • Date posted

    24 Aug 2023

  • Apprenticeship level

    Advanced
    Level 3 (A level)

  • Reference number

    VAC1000193897

  • Positions

    1 available

What will the apprentice be doing?

Income

  • On a daily basis ‘make live’ the electronic statements which upload overnight to the income model
  • Match individual cash receipts to previously uploaded provider statements
  • Match client-paid fees to the plan / client within the Client Management Database
  • Assist in monitoring the Commissions@ email address
  • Retrieve, input data, and upload any manual statements (notified by email, obtain from the provider website or a paper statement is received)
  • Review Unallocated fees on individual provider statements and investigate, facilitating any changes to enable fees to be matched
  • Contact providers for missing statements or payments
  • For audit purposes ensure all provider statements are scanned and filed accordingly
  • Daily Commission Tasks - following new business applications, check initial fees have been paid and that the ongoing fee has been set up and paid correctly
  • Ad-hoc Commission Task - check ongoing fees are paying correctly following fee changes due to withdrawals or client reviews
  • If required, assist with analysis work in preparation for Income Month End Reconciliations (checking adviser splits have been applied correctly, ensuring recurring income payments have started following new business)

Projects:

  • On an ad-hoc basis assist with the reallocation of clients to new advisers, keeping a record of all changes and coordinating the process with Operations and Client Services Unit and Prism directors
  • Retrieve and analyse information regarding recurring income as required

Invoices:

  • When requested, produce any invoices with regards to Prism Fees (ad-hoc requests and some regulars), setting up a task to monitor for payment

Platform Alerts:

  • Check email notifications from providers informing us when there have been portfolio changes, prompt us to check if insufficient funds are available in cash to pay fees

Ad-hoc:

  • Sort and Distribute posts, answer telephones, scanning, and assist other departments

What training will the apprentice take and what qualification will the apprentice get at the end?

Learning and Skills apprenticeship programmes are delivered through a mixture of face-to-face and virtual methods by our fully qualified and industry experienced apprentice training team. Using their expert knowledge gained from time spent in the industry, weve tailored our programmes to use the most up-to-date tools and technologies so that the skills we create can be used directly in the workplace. As one of our learners, youll benefit from coaching, help and guidance from our dedicated team whose job it is to ensure your success.

Successful completion of this apprenticeship gives you an accredited Business Administration Level 3 Apprenticeship qualification, with training how to: Contribute to the efficiency of an organisation through the support of functional areas, working across teams and resolving issues as requested.

What is the expected career progression after this apprenticeship?

Full-time job upon completion for the right candidate.

Requirements and prospects

Desired skills and personal qualities

Team Working, Number skills, Organisation skills, Analytical skills, Attention to detail

Qualifications

GCSE or equivalent Maths (Grade 4) Essential
GCSE or equivalent English (Grade 4) Essential

About the employer

Prism Financial Advice Limited are Independent Financial Advisers with many years experience of advising both private and corporate clients on a wide range of financial planning issues. Our knowledge of the financial marketplace is extensive with all our advisers achieving diploma standard or above.

Employer

PRISM FINANCIAL ADVICE LTD

Address

Prism House Unit 13 Keel Row

NE11 9SZ

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Training

Training provider

GATESHEAD COUNCIL

Contact

Ellie Filer

apprenticeships@gateshead.gov.uk

0191 433 8727

Apprenticeship standard

Business administrator

Level 3 (A level)

Employer's Application Instructions

This apprenticeship requires you to apply through the employer's website.

Apply now

Closing date: 06 Oct 2023