611211 INSURANCE AGENT
Represents insurance companies in selling insurance to clients. Registration or licensing is required.
Skill Level: 3
Specialisations:
Insurance Underwriter
Life Assurance Representative
Indicative Skill Level:
Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.
In Australia: AQF Certificate III including at least two years of on-the-job training, or AQF Certificate IV (ANZSCO Skill Level 3)
In New Zealand: NZ Register Level 4 qualification (ANZSCO Skill Level 3)
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 is required.
Tasks Include:
-
Interviewing clients to identify their insurance needs
-
Explaining to clients details of insurance and conditions, risk coverage, premiums and benefits
-
Assisting clients to determine the type and level of coverage required
-
Calculating premiums and establishing method of payment
-
Reviewing clients’ circumstances to ensure that the level and coverage of insurance is still appropriate
-
Settling and monitoring insurance claims to ensure that both client and insurer are satisfied with the outcome
-
Recording information about clients and their policies
-
Identifying and drawing up lists of potential clients from a variety of sources and contacting them to arrange interviews
-
Keeping up-to-date with changes in the insurance industry and informing clients of new developments