become a

paraplanner

with para-sols

the skills.

Forensic style research skills, keen eye for detail, impeccable writing skills.

the money.

Starting salary of £18,500, increasing as your training develops. Circa £25,000 by the end of your second year, with £30,000+ for senior roles.

We know what you’re thinking,
‘what on earth is paraplanning?!’

It’s a little known but rapidly in-demand career that has grown in recent years. In simple terms, a Paraplanner is someone who works with a Financial Planner or Financial Adviser to do a number of their non-client facing tasks involved in preparing and administering a Financial Plan or Report for a client. Some would say we do all the nitty-gritty in the background, like the research, analysis and finally the report writing required to make sure the client is getting the best advice and the adviser is getting the support to help them document that.

  • the role
  • the qualifications
  • the perks

research cases

report writing

make recommendations

Like we said earlier, in any role we always start with learning the basics first – it’s the best foundation for success. For this role, that means learning all about the billion-pound finance sector and the importance of people receiving sound financial advice. You’ll then move on to working on real client cases, getting to grips with the administration side of a case, and learning the ins and outs of an abundance of pension, investment and insurance products. Over the course of your 6-month probation period, this will involve you getting stuck in and doing the role of an administrator, finding out all the finer details, getting on the phone to product providers and using research tools to pull all the information a Paraplanner needs together. During the course of your 6-month probation, you will tackle trickier cases until you have a basic knowledge of products.

If you successfully complete your probation, you’ll then become an official Graduate Paraplanner. Soon after your transition, we will work with you to agree your own personal development programme for the rest of the year, with the expectation you’ll start to revise for your first exam pretty much straight away. As a Graduate, you’ll become part of the Paraplanning team, learning how to research a case and understand the needs of individual clients. You will start writing basic reports and managing your own workload.

By your second year, you will be moving on to more complex cases and certainly have a few exams under your belt! We’d expect that after two years you will be an expert in researching the market and making recommendations, be an accomplished report writer, volunteering to tackle the tricky cases and manage your own clients. As well as being a wonderful role model to the newest wave of graduates!

Your initial qualifications will be under the CII (Chartered Insurance Institute). We’d expect you at the end of the two years to achieve the Diploma in Regulated Financial Planning.

the six exams which make up the diploma are:

R01 - financial services regulation and ethics

R02 - investment principles and risk

R03 - personal taxation

R04 - pensions and retirement planning

R05 - financial protection

R06 - financial planning practice

Once you’ve got these, you can then explore a whole host of different qualifications with the CII or other examining bodies – even going as far as becoming a fully qualified Chartered Financial Planner for which we will happily pick up the bill for, in addition to your salary, meaning the costs aren’t a barrier to unleashing your full potential.

We won’t lie, we’re firm advocates of the phrase ‘work hard, play hard’ and that we do. Yes, there will definitely be times of hard work (so it’s not for the faint-hearted), but we do reward such hard work for those who truly live and breathe the company values. So when the week’s done, we clock off early every Friday and kick back with a cheeky beer or wine.

if you pass your 6 month probation and are one of the lucky ones to be offered a permanent role on the grad scheme, there's a whole host of perks that you'll be entitled to:

A tiered salary structure that's personalised to you - based on your individual role, your qualifications and the experience that you bring to the table.

21 days holiday as standard – plus Bank Holidays, Christmas close down and your birthday off each year (because no one should ever have to work on their birthday!).

A Personal Development budget to cover all your training, learning and development costs, so you won't be forking out for your own exam fees or further development.

Access to the company Pension Scheme – because we practise what we preach.

Death in Service Cover – a bit morbid we know, but a nice bit of security nonetheless.

and if that's not enough...

Access to our Health & Wellbeing programme including office yoga, step challenges & assault courses!

A constant flow of drinks and snacks in the office - because it's important to keep the energy levels up.

Company nights out including our Summer Soirée and Christmas Party, we're a social bunch!

Casual dress code - like we've said, no stuffy suits. We much prefer our superhero capes!

'The Tunstall Arms', our staff bar, opens early on a Friday with a well stocked wine & beer fridge.

Optional membership to a wellbeing app; focusing on mindfulness and meditation.

sounds good right?

apply to be part of the grad scheme here.

learn more about our graduate paraplanners...

meet rachael.

meet grant.

meet jenna.

We know what you’re thinking, ‘What on earth is Paraplanning?’

It’s a little known but rapidly in-demand career that has grown in recent years.  In simple terms, a Paraplanner is someone who works with a Financial Planner or Financial Adviser to do a number of their non-client facing tasks involved in preparing and administering a Financial Plan or Report for a client. Some would say we do all the nitty-gritty in the background, like the research, analysis and finally the report writing required to make sure the client is getting the best advice and the adviser is getting the support to help them document that.

The Role

Like we said earlier, in any role we always start with learning the basics first – it’s the best foundation for success. For this role, that means learning all about the billion-pound finance sector and the importance of people receiving sound financial advice. You’ll then move on to working on real client cases, getting to grips with the administration side of a case, learning the ins and outs of an abundance of pension, investment and insurance products. Over the course of your 6 month probation period, this will involve you getting stuck in and doing the role of an administrator, finding out all the finer details, getting on the phone to product providers and using research tools to pull all the information a Paraplanner needs together. During the course of your 6-month probation, you will tackle trickier cases until you have a basic knowledge of products.

If you successfully complete your probation, you’ll then become an official Graduate Paraplanner. Soon after your transition, we will work with you to agree your own personal development programme for the rest of the year, with the expectation you’ll start to revise for your first exam pretty much straight away. As a Graduate, you’ll become part of the Paraplanning team, learning how to research a case and understand the needs of individual clients.  You will start writing basic reports and managing your own workload.

By your second year, you will be moving on to more complex cases and certainly have a few exams under your belt! We’d expect that after two years you will be an expert in researching the market and making recommendations, be an accomplished report writer, volunteering to tackle the tricky cases and manage your own clients. As well as being a wonderful role model to the newest wave of graduates!

The Qualifications

Your initial qualifications will be under the CII (Chartered Insurance Institute) www.cii.co.uk.

We’d expect you at the end of the two years to achieve the Diploma in Regulated Financial Planning (6 exams)

Once you’ve got these, you can then explore a whole host of different qualifications with the CII or other examining bodies – even going as far as becoming a fully qualified Chartered Financial Planner of which we will happily pick up the bill for, in addition to your salary, meaning the costs aren’t a barrier to unleashing your full potential.

The Perks of the job can be found here.

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meet rachael.

how old were you when you joined the grad scheme?

22

what subject did you graduate in?

Accounting & Finance

what is your current job title?

Hub Leader

what's been your most memorable moment?

Definitely passing my AF5 exam meaning I'd passed enough exams to achieve my Advanced Diploma, and being one step closer to Chartered status!

what advice would you give to someone considering applying for the grad scheme?

Go for it and don't look back, no matter your skills or experience! Just be prepared to learn and develop with your role. You don't realise just how much you can learn within the industry, even after years of experience!

meet grant.

how old were you when you joined the grad scheme?

24

what subject did you graduate in?

Business Management

what is your current job title?

Techspert - Paraplanning

what's been your most memorable moment?

The freedom and ability to progress at your own speed; which allowed me to take the exams quicker and therefore more responsibility to progress from a graduate to the role I'm in today.

what advice would you give to someone considering applying for the grad scheme?

Don't worry if your degree or previous work experience isn't directly linked to financial services; there's so many different skills and attributes that play a part in the roles here - your skills will be a lot more transferable than you may realise!

meet jenna.

how old were you when you joined the grad scheme?

33

what experience did you have?

I was the first non-graduate to join The Grad scheme, but I studied law, psychology and history at A Level

what is your current job title?

Graduate Trainee Paraplanner

what's been your most memorable moment?

Definitely when I passed R01 and I suddenly realised this is real and I'm on my way to being qualified! The virtual comedy night and pizza to celebrate the office re-opening are also up there, it's a great balance of work hard, play hard.

what advice would you give to someone considering applying for the grad scheme?

Go for it and you won't look back! Whether you're are the start of your career, or wanting to pursue a new career path like I did, The Grad Scheme is the perfect platform for you to progress and develop both professionally and personally.