1220.0 - Australian Standard Classification of Occupations (ASCO) Second Edition, 1997  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 31/07/1997   
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3212-19 Insurance Broker

Operates as an independent agent to sell life, fire, accident, industrial and marine insurance for a range of insurance companies.

Skill Level:
The entry requirement for this occupation is an AQF Diploma or higher qualification or at least 3 years relevant experience. In some instances relevant experience is required in addition to the formal qualification. Registration or licensing may be required.

Tasks Include:

  • compiles lists of prospective clients from directories and other sources
  • makes contact with prospective clients to seek interviews and gauge interest
  • interviews prospective clients to explain insurance policy conditions, risks covered, premium rates and benefits, and to make recommendations on the amount and type of cover
  • researches and reviews available insurance products to ensure the most appropriate are offered to clients
  • markets their services to increase client base
  • may collect premiums and keep records of payments, including appropriate commissions

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