Insurance Broker
What the work is
Provides advice on policies for life, fire, accident, health, industrial or other forms of insurance for a range of insurance companies.
Would you enjoy the work?
These are the main tasks in the official description. Mark how each one sounds to you.
- 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
Try it
A simulation and a case study from this kind of work, set in a small broking office that arranges home loans and business insurance. They are fictional.
The kind of days you could have
Good days
- A client finds a better deal because you searched the whole market
- A small business owner thanks you for spotting a gap in their cover
- A negotiation with a lender goes your client's way
Hard days
- A client wants something you are not sure is right for them
- A form is almost done and one missing detail stalls the whole thing
- Explaining a long and boring document to someone who just wants a yes
Written by Career Calling as a general guide. Real roles vary by employer and place.
Work a mission
Step into a simulated workplace in this field, with a brief from your manager.
Description and tasks: Australian Bureau of Statistics, Occupation Standard Classification for Australia, 2024, Version 1.0 (opens another site), occupation 531334, used under a Creative Commons Attribution 4.0 licence. The skill guide above is our plain English summary.