Occupation

531334 Insurance Broker

Latest release
OSCA - Occupation Standard Classification for Australia
Cite
Reference period
2024, Version 1.0

531334 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.

Skill level: 2

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