"Thinking is the hardest work there is, which is why so few engage in it - Henry Ford"

Do you want to be an...

Insurance Broker

VOC Course Experience Needed Year 12 Preferred Subject Prerequisites Traineeship Year 10 Preferred

Insurance brokers act on behalf of their clients, providing professional and technical advice about commercial, corporate and personal insurance products from a range of companies according to their clients' individual needs.


    Insurance brokers may perform the following tasks:

  • draw up a list of potential clients
  • make contact with these clients to see if they are interested in insurance
  • interview prospective clients to explain the details of an insurance policy and make recommendations on the amount and type of cover that may be required
  • research and review available insurance products to ensure clients are given the best and most appropriate offer
  • negotiate policy premiums and conditions with insurers on behalf of clients
  • arrange insurance according to client instructions
  • regularly review client circumstances to ensure their level of cover is appropriate
  • market their services to increase their number of clients
  • collect premiums on behalf of insurers


  • aptitude for numbers and calculations
  • sound judgment
  • perseverance and motivation
  • good negotiation skills
  • strong attention to detail
  • good communication skills

Interest Area

Clerical/Administrative Figures/Computational


VOC Course Experience Needed Year 12 Preferred Subject Prerequisites Traineeship Year 10 Preferred

To become an insurance broker you usually have to complete a VOC qualification in insurance broking or financial services. In addition, several years of experience with a qualified broker are usually required before becoming an independent broker. Entry to these courses usually requires Year 12 and, as a minimum, employment with an insurance brokerage. As subjects and prerequisites can vary between institutions, you should contact your chosen institution for further information. You may be able to study through distance education.

You can also become an insurance broker through a traineeship in Insurance Broking or Financial Services.

Entry requirements may vary, but employers generally require Year 10.

Additional Information

    The insurance industry is regulated by the Australian Securities and Investments Commission (ASIC). Depending on the services that an insurance broker provides, they may need to be registered with ASIC or required to hold an Australian Financial Services (AFS) licence. Those who provide financial advice to clients must hold the appropriate qualifications. Details can be found at the ASIC website.


Most insurance brokers sell policies for several companies. They may work in city or country areas.

Insurance brokers usually work on a commission basis, with the level of business dependent upon the level of general economic activity. However, earnings and continued employment depend to a considerable degree on ability and experience.

Similar Jobs

More Information - External Links

Job Outlook for Insurance Broker Australian and New Zealand Institute of Insurance and Finance Finance Sector Union NIBA College of Insurance and Risk Professionals Australian Securities and Investments Commission (ASIC)

Other Jobs by Interest Areas...

Artistic Creative Jobs Clerical Administrative Jobs Figures Computational Jobs Helping and Community Jobs Influencing and Personal Jobs Literary Jobs Medical Jobs Outdoor Jobs Practical Manual Jobs Scientific Jobs Technical Engineering Jobs

Job Search? Look for and press ENTER.

Remember: This is an EXACT match, so please use whole words only

This search looks for a match with the WHOLE keyword/s you enter. In other words, abbreviations like vet won't find veterinarian. Slang terms like brickie won't locate bricklayer 🙂

COL's JOB Guide

Please contact us to notify errors or suggest improvements.

Australia's Careers OnLine : Professional Careers Advice for job seekers on the 'net since 1995!