Group
Occupation

611134 Insurance Broker

Latest release
Consultation draft: Australian and New Zealand Standard Classification of Occupations (ANZSCO)
Reference period
July 2024
Released
25/07/2024
Next release Unknown
First release

611134 Insurance Broker

Provides advice on policies for life, fire, accident, health, industrial, or other forms of insurance for a range of insurance companies.

Registration or licensing is required.

ANZSCO skill level

This occupation has a skill level corresponding to the qualifications and experience below.

Australia

  • Skill Level 2: AQF Associate Degree, Advanced Diploma, Diploma, or at least three years of relevant experience

New Zealand

  • Skill Level 2: NZQF Diploma, or at least three years of relevant experience

Main tasks

  • Interviews prospective clients to explain insurance policy conditions, risks covered, premium rates, and benefits, and makes recommendations on the amount and type of cover
  • Determines the specific insurance requirements of clients, and researches and reviews available insurance products for suitability to meet clients' requirements
  • Arranges insurance for clients through insurance companies
  • Identifies and advises on significant risk changes to clients' insurance
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