insurance broker
Insurance brokers promote, sell and provide advice on various insurance policies such as life insurance, health insurance, accident insurance and fire insurance to individuals and organisations. They also work as intermediaries between individuals or organisations and insurance companies, and negotiate the best insurance policies for their clients, arranging insurance cover where needed. Insurance brokers engage with new prospective clients, provide them with quotes for their policy needs, assist them in the signing of new insurance contracts and propose specific solutions to their specific problems.
Also called: insurance seller, household insurance broker, insurance sales advisor, retail insurance broker, property and casualty insurance agent and broker, insurance sales agent, insurance sales consultant, insurance agent
- 18
- essential skills
- 28
- optional skills
- 8
- related roles
- 3321
- ISCO-08 group
Where you can go from here
8 rolesOccupations sharing the most essential skills with this one. The number is a count, not an opinion.
- insurance agency manager9 skills in common
- insurance claims handler6 skills in common
- insurance product manager6 skills in common
- insurance rating analyst6 skills in common
- insurance underwriter6 skills in common
- loss adjuster5 skills in common
- securities broker5 skills in common
- stock broker5 skills in common
Essential skills
18- actuarial science
- advise on financial matters
- analyse insurance needs
- apply technical communication skills
- calculate insurance rate
- claims procedures
- compare insurance products
- create insurance policies
- handle financial transactions
- inform on insurance products
- insurance law
- insurance market
- principles of insurance
- prospect new customers
- protect client interests
- sales promotion techniques
- sell insurance
- types of insurance
Optional skills
28- analyse claim files
- analyse insurance risk
- apply statistical analysis techniques
- build business relationships
- contract law
- create cooperation modalities
- customer service
- decide on insurance applications
- deliver visual presentation of data
- develop investment portfolio
- file claims with insurance companies
- financial products
- identify clients' needs
- initiate claim file
- maintain records of financial transactions
- maintain relationship with customers
- manage claim files
- manage claims process
- manage contract disputes
- manage contracts
- modern portfolio theory
- monitor legislation developments
- organise a damage assessment
- promote financial products
- provide cost benefit analysis reports
- social security law
- tax legislation
- use data processing techniques
No account needed to start
How close are you to being a insurance broker?
MyNodes reads your CV once, maps it to this same taxonomy, and shows you which roles you are already closest to and the few skills that would open the most doors. The file is deleted as soon as it has been read.