Fee Administrator Apprentice

Main activities & responsibilities:

Lead and manage the end-to-end process of fee collection from pension scheme sponsors, members, and other stakeholders.
Monitor, track, and reconcile incoming payments, identifying and resolving any discrepancies. Work closely with finance, trustee services, and scheme actuaries to prepare and issue invoices and fee statements in a timely and compliant manner. Ensure fee structures are correctly implemented in line with scheme rules and client agreements. Maintain and update accurate records for audit and regulatory reporting purposes. Provide support and guidance to junior team members and act as a subject matter expert on fee collection processes. Assist with the implementation of process improvements and automation opportunities to enhance operational efficiency. Liaise with internal and external stakeholders including employers, trustees, third-party administrators, and auditors. Respond to queries relating to fees, contributions, and reconciliations, maintaining high levels of client service. Processing payroll, making, approving and quality checking on payments made.

Training:

You are required to come into the City Hub campus 1x Monday a month to join the other apprentices - you will be set work in this class to do over the month which will be marked and feedback given.

You will have one to ones every 4-6 weeks via Teams/and set tasks with the employer on Teams or face to face review. Meetings will take place with the assessor and the employer every 12 weeks, this is also either face to face or via Teams.

Training Outcome:

Once you complete your apprenticeship as a fee administrator, you'll transition into a full-fledged role in the field. As the company evolves, new opportunities may emerge, allowing you to explore different administrative and financial positions, further advancing your career.

Employer Description:
At Intelligent Money, we believe that everyone should have access to affordable and efficient financial products. Since 2011, we’ve been helping financial professionals and businesses transform the way they operate with our white-label investment wrappers, regulatory services and operational support, underpinned by powerful
platform technology.

Working Hours :
Monday - Friday, 35 hours per week. Shifts to be confirmed.

Skills:
Communication skills,Attention to detail,Organisation skills,Problem solving skills,Presentation skills