Financial Services Apprentice

Summary

To provide administrative support to the Auto-enrolment team, working towards a Financial Service Administrator level 3 qualification.

Annual wage

£16,000 a year

Minimum wage rates (opens in new tab)

Salary review after one year.

Training course

Financial services administrator (level 3)

Hours

Monday – Friday 9am to 5pm (an hour unpaid for lunch)

35 hours a week

Possible start date

Tuesday 1 October

Duration

1 Year

Positions available

1

Work

As an apprentice, you’ll work at a company and get hands-on experience. You’ll gain new skills and work alongside experienced staff.

What you’ll do at work

Auto-enrolment Pensions Department

Input pension contributions to provider websites accurately in time to meet tight deadlines.
Complete weekly, fortnightly, 4-weekly or monthly assessments for the payroll of each scheme to ensure that contributions are all correct, whether any employee has become eligible to join the scheme and have been added correctly and whether any employees have opted out of the scheme, asked to opt in or have asked to change the amount of their contributions.
Set up new schemes ensuring all paperwork is correct, compliant and meets The Pensions Regulator requirements.
Prepare and email or post assessment and postponement letters to employees as required.
Completing Pension Regulator Declarations and Re-Declarations within timescales and renewal of Scheme certificates.
Correspond with client firms and product providers via email, letter and telephone, updating client records with notes of all conversations. Templates are available but you must be able to adapt these to suit the individual situation.
Maintain accurate records, continually updating them as work is completed, on an ongoing basis.
Deal with client queries.

Where you’ll work

CHATSWORTH HOUSE

39 CHATSWORTH ROAD

WORTHING

BN11 1LY

Training

An apprenticeship includes regular training with a college or other training organisation. At least 20% of your working hours will be spent training or studying.

College or training organisation

DAVIES LEARNING SOLUTIONS LIMITED

Your training course

Financial services administrator (level 3)

Equal to A level

Course contents

Quality service delivery: Consistently develops and delivers excellent service to customers, colleagues & advisers, supporting the products / services provided and adhering to ‘Treating Customers Fairly’ principles at all times

Customer communication & relationships: Develops effective relationships with customers & key contacts, handling & resolving issues through effective verbal/written/IT skills.

Team working & collaboration: Understands role within team & impact on others. Consistently endeavours to support colleagues & collaborate to achieve results

Planning & prioritising: Consistently adheres to systems & processes using proficient IT skills, including risk, regulatory and governance requirements

Your training plan

You will work towards your:

Financial Services Administrator Level 3 Apprenticeship.
Level 2 Functional Skills in English and Maths (if required).

Training will be via Davies, virtually. 6 hours per week off the job training.

Requirements

Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.

Skills

Communication skills
Attention to detail
Logical
Team working

Other requirements

Our company values are Excellence, Integrity, Innovation and Consideration for others.

About this company

We are an established and growing Financial Services company with offices across the UK covering a number of trading styles.

http://www.futurafs.com (opens in new tab)

Company benefits

33 days holiday per annum including bank holidays. Statutory sick pay and pension contributions.

After this apprenticeship

Employment as Financial Services Administrator, or progression to Paraplanner or Financial Advisor upon completion up the apprenticeship.

Ask a question

The contact for this apprenticeship is: