Insurance Broker – ANZSCO 222113
- Description
- Operates as an independent agent to sell life, fire, accident, industrial or other forms of insurance for a range of insurance companies. Registration or licensing may be required.
- Skill Level
- 2
-
Occupation Lists
This occupation is on the following skills lists:
- 190 State/Territory Sponsored and 489 State Nominated Occupations List
- 482 TSS Visa Short Term List
- 407 Training visa occupations list
- 187 RSMS Visa Occupations List
- 491 – Skilled Work Regional (provisional) visa (subclass 491)
- 494 – Skilled Employer Sponsored Regional (provisional) (subclass 494) – Employer sponsored stream
This occupation is not on the following skills lists:
- 189 Skilled Independent and Family Sponsored 489 Occupations List
- 186 ENS Visa Occupations List
- 482 TSS Visa Medium Term List
- 482 TSS Visa Regional Occupation List
See if caveats apply to this occupation for an Australian visa here.
Skills Assessment Authority: VETASSESS
Group: 2221 Financial Brokers
- Description
- operate as independent agents to facilitate the trading of commodities and arrange insurance and loans of money on behalf of clients.
- Tasks
-
- monitoring commodity prices, trends and other factors affecting the supply and demand for commodities
- negotiating the purchase and sale of commodities such as grains, wool, minerals and metals
- determining the specific financial and insurance requirements of clients, and researching and reviewing available finance and insurance products for suitability to meet clients’ requirements
- analysing clients’ financial status, discussing financial options and developing financial strategies
- recommending loan combinations that meet clients’ needs
- interviewing prospective clients to explain insurance policy conditions, risks covered, premium rates and benefits, and to make recommendations on the amount and type of cover
- arranging insurance, home loan mortgages and other types of finance for clients through banks, lenders, financiers and insurance companies
- preparing documents which set out the conditions of finance, repayments and loan periods
- identifying and advising on significant risk changes to clients’ insurance
- broking complex and commercial leases, equipment finance, commercial finance, project finance and finance for property developers
- Skill Level
- Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.
In Australia:
AQF Associate Degree, Advanced Diploma or Diploma (ANZSCO Skill Level 2)In New Zealand:
NZ Register Diploma (ANZSCO Skill Level 2)At least three years of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
Registration or licensing may be required.
- Occupations in this Group
-
- 222111 Commodities Trader
- 222112 Finance Broker
- 222113 Insurance Broker
- 222199 Financial Brokers nec