What is it like to be an Insurance Broker?
Insurance brokers advise and negotiate different forms of insurance such as life, personal, commercial, corporate for their clients from a range of insurance companies. Insurance brokers regularly review their clients' circumstances to ensure their level of cover is appropriate.
For more information about a career as an Insurance Broker, visit the Job Outlook website.
This data shows historical and projected employment levels (thousands) for this occupation. Data should be used as a guide only. Where exact job data has not been available, data from a related field has been used. Source: ABS Labour Force Survey.
This data shows median weekly cash earnings for the occupation, before tax and not including superannuation. These figures are indicative and cannot be used to determine a particular wage rate. Data should be used as a guide only. Source: Based on ABS Characteristics of Employment survey, August 2015, Cat. No. 6333.0, Customised Report.
Is it right for me?
Insurance brokers have a healthy dose of mathematical skills and a strong eye for detail. You will have confident negotiation skills and an analytical mind.
- Aptitude for numbers and calculations
- Sound judgment
- Perseverance and motivation
- Good negotiation skills
- Strong attention to detail
- Good communication skills.
To become an Insurance Broker
To be able to become an Insurance Broker, your study options will change based on your previous study experience or your preferred study pathway: