Umbrella Payroll Banking Contractors Can Trust
Whether you work in banking, insurance, or finance, your skills are often in high demand across a range of industries. Choosing to work through an umbrella company can simplify the process of freelancing, allowing you to focus on your work.
At Parasol, we understand the value you bring to organisations through your financial expertise. Our goal is to ensure you get paid quickly and compliantly, by a team that knows your industry inside out.
- Education: Earning a degree in a related field such as finance, economics, or business administration is a good place to start. A relevant Masters's degree or Chartered Financial Analyst designation can also be useful depending on your career goals and the specific field of finance you want to pursue.
- Research: Identifying the type of company or role you want to work in is an important first step in securing a job. Staying up-to-date with financial news and trends
- Skills: Developing technical skills and proficiency in financial software like Excel or Bloomberg Terminal are valuable to employers and can provide you with key experience. Industry-recognised certifications may also help with this, depending on your career path.
- Network: Finance-related professional organisations and associations are a great way to start networking. Industry events and platforms such as LinkedIn can also help you to connect with finance professionals and potential mentors.
Finance professionals often engage in financial analysis, including risk assessment, market research, and investment analysis. Many roles may also involve working closely with both individual clients and corporations, so communication is as important as analytical skills.
The finance sector can offer competitive salaries, bonuses, and incentives that are appealing to anyone trying to break into the industry. As a financial contractor, you can have more of a work-life balance than a traditional employee by having a flexible schedule and working remotely.
An umbrella company is a hassle-free way to get paid. We offer our banking, financial and insurance contractors first-class support and advice, keeping you up to date with legislative and industry changes so you stay compliant.
Umbrella companies will take tax and other deductions automatically from your pay. You’ll become employed by the umbrella company (similar to a traditional employee) which means your NI, tax and other deductions are paid correctly and on time. Keeping you on the right side of HMRC. You’ll get all the statutory benefits associated with traditional employment. This includes annual leave, maternity and paternity pay, sick pay and several other statutory benefits.
You’ll get peace of mind with mortgage applications, loans and other financial commitments. Continuous employment means you can work on several assignments at the same time - or one after another - and stay with the same umbrella company. This gives you continuous employment.
Top-tier protection
Access to benefits
Reliable Service
Expert Support
How Parasol can help...
- Credit and Financial Analysts
- Auditors
- Wealth Management Advisors
- Financial Planners
- Compliance Consultants
Finding the right umbrella company that understands you and the financial sector is essential. Explaining sector-specific nuances repeatedly can be frustrating, especially when it comes to your pay. We’ve been in business for over 20 years and we understand your industry inside out. We’ll make sure you’re maximising your earnings compliantly and we’ll resolve your queries quickly.
We’re experts in umbrella payroll. It’s essential that you receive all the statutory benefits you’re entitled to, you’re paid on time and you’re HMRC compliant, this is our guarantee. So what else makes Parasol stand out from the crowd? Choose a package below to see your benefits as a Parasol employee.
Make
your choice
Umbrella
Online portal, support from our team, same-day payroll and insurance.
Umbrella+
A high level of benefits & employee assistance programme
Gold standard protection with Parasol. As a founding member of the FCSA, we put compliance at the heart of everything we do. Be safe in the knowledge your tax will be paid correctly and on time, keeping you on the right side of HMRC.
With Cyber Essentials PLUS, your data is protected by the best-in-class security safeguards. Developed and operated by the National Cyber Security Centre (NCSC), it is one of the best steps we can take to secure your data.
Want to know you’ll be given a top-tiered service? Don’t just take our word for it, take a look at our Trustpilot score. We have a 4.6* rating out of 5, with over 3,800 reviews (and counting!). Our employees trust that we’ll give them great service.
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