Hirexo have exclusively partnered with a leading Insolvency Practice who are on the search to appoint a
Licensed Insolvency Practitioner to join their rapidly growing Insolvency Practice. This opportunity is located at their Manchester City Centre office, offering hybrid working.
About the Licensed Insolvency Practitioner Role:
Our client is a highly successful insolvency practice, backed by a leading private equity firm, enabling them to strengthen their expertise and geographical reach through strategic acquisitions. With a long-standing history in the commercial insolvency sector, the practice has been a market leader for many years and is now expanding further into personal insolvency and Individual Voluntary Arrangements (IVAs). The firm's growth has been driven by a dedicated team and a personable director who is committed to nurturing talent and fostering success across all teams.
Role Overview for the Licensed Insolvency Practitioner:
We are seeking a
Licensed Insolvency Practitioner to join our client s Manchester City Centre office. The role will be pivotal in maintaining and expanding the firm's commercial insolvency services, with the opportunity to contribute to the soon-to-launch personal/IVA division. This role offers a generous compensation package, including a market-leading commission structure, a supportive team environment, and flexible hybrid working arrangements.
Key Responsibilities for the Licensed Insolvency Practitioner:
- Managing a diverse portfolio of insolvency cases, predominantly focused on commercial insolvency, with scope for involvement in personal insolvency/IVA work as the division grows.
- Generating new business opportunities, leveraging both personal networks and the firm s strategic acquisitions to expand the company s client base.
- Overseeing the delivery of high-quality insolvency solutions to clients, ensuring compliance with all regulatory and statutory requirements.
- Working closely with the director and other senior management to drive business growth, participate in strategic planning, and contribute to the overall success of the firm.
- Mentoring and developing junior members of the team, contributing to a collaborative and supportive working culture.
Key Requirements for the Licensed Insolvency Practitioner:
- Fully qualified and licensed Insolvency Practitioner (must hold a valid insolvency licence).
- Must have one of the following UK-recognised qualifications:
- Joint Insolvency Examination Board (JIEB) This is the primary qualification required to practise as an insolvency practitioner in the UK.
- Institute of Chartered Accountants in England and Wales (ICAEW) Insolvency Licence.
- Association of Chartered Certified Accountants (ACCA) Insolvency Licence.
- Chartered Accountants Ireland (CAI) Insolvency Licence.
- Law Society Insolvency Licence (for solicitors).
- Proven experience in either commercial insolvency or personal/IVA insolvency, though commercial insolvency experience is preferred.
- Demonstrated ability to generate new business and maintain strong client relationships.
- A minimum billing portfolio of £400,000.
- Excellent communication and leadership skills, with the ability to work effectively in a close-knit, team-oriented environment.
- Strong attention to detail, organisational skills, and a proactive approach to problem-solving.
What s on Offer for the Licensed Insolvency Practitioner:
- Competitive salary in the range of £110,000 - £160,000, depending on billing experience.
- Market-leading commission structure, with significant earning potential.
- Opportunity to work in a hybrid model, offering flexibility between office and remote working.
- Generous holiday allowance and a supportive, team-focused working environment.
- A chance to be part of a leading insolvency practice with ambitious growth plans, backed by private equity investment.
Similar Job Titles to Licensed Insolvency Practitioner (LIP):
If you're exploring related career opportunities within the insolvency and financial restructuring sectors, you may also be interested in these similar roles:
- Insolvency Manager: A role focused on managing a portfolio of insolvency cases, often working alongside Licensed Insolvency Practitioners. Key responsibilities include case management, client liaison, and ensuring regulatory compliance.
- Corporate Restructuring Specialist: This role involves advising businesses on restructuring strategies, including pre-insolvency planning, debt restructuring, and turnaround strategies.
- Insolvency Administrator: A more junior role within the insolvency process, handling case administration, documentation, and client communications.
- Debt Adviser: Specialising in offering guidance to individuals or businesses in financial difficulty, advising on repayment plans, IVAs, or bankruptcy.
- Recovery Specialist: Focusing on recovering outstanding debts for businesses and advising on strategies to regain financial stability.
About Hirexo Talent Partners:Hirexo Talent Partners are a specialist Talent Consultancy based in the heart Manchester, although our geographical location doesn t limit our Talent Consultancy reach, as we work across the UK. We specialise in the Talent within Private Equity / Family Office portfolios, to support portfolio growth for our clients. Hirexo Talent Partners also work within the major talent space, collaborating with clients across a multitude of industries and sectors. We specialise in the following disciplines: Accounting and Finance, Technology, IT, Data, Human Resources, Procurement and Office Administration. We also support our Private Equity partners with sourcing the top and very best investment and insolvency consultants.