Insurance broker

Insurance representatives advise on and sell life, accident, motor liability, endowment, fire, marine and other types of insurance to new and existing clients.

• obtaining information on clients' circumstances needed to determine the appropriate type of insurance;
• negotiating with clients to determine the type and degree of risk;
• explaining details of insurance policies and conditions, premiums for risk cover and benefits to clients;
• assisting clients in determining the type and level of cover, calculating premiums and establishing methods of payment;
• negotiating and concluding reinsurance contracts;
• advising on, negotiating terms of and concluding insurance contracts for large or special projects, installations or risks.
• Examples of occupations in this unit group:
• Insurance agent
• Insurance broker
• Agent, social insurance