Job Description

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Insurance > Broker

Salary National Average

Low Medium High
56600.0000 63140.0000 87600.0000

Change from Previous Year:

+2%

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Candidate Supply: 27 Job Openings: 152

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Short Description:

Act as an intermediary between clients and insurance companies. Use in-depth knowledge of risks and the insurance market to find and arrange suitable insurance policies. Gather information from clients, assessing their insurance needs and risk profile. Build and maintain ongoing relationships with clients. Research insurance company's policies and negotiate with underwriters to find the most suitable insurance for clients at the best price.

Duties / Responsibilities:

Act as an intermediary between clients and insurance companies. Use in-depth knowledge of risks and the insurance market to find and arrange suitable insurance policies. Gather information from clients, assessing their insurance needs and risk profile. Build and maintain ongoing relationships with clients. Research insurance company's policies and negotiate with underwriters to find the most suitable insurance for clients at the best price.

Skills / Requirements / Qualifications

  • Active Listening: Giving full attention to what other people are saying, taking time to understand the points made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Reading Comprehension: Understanding written sentences and paragraphs in work-related documents.
  • Speaking: Talking to others to convey information effectively.
  • Writing: Communicating effectively in writing as appropriate for the audience's needs.
  • Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
  • Service Orientation: Actively looking for ways to help people.
  • Time Management: Managing one's own time and the time of others.
  • Judgment and Decision Making: Considering the costs and benefits of potential actions to choose the most appropriate one.
  • Negotiation: Bringing others together and trying to reconcile differences.

Job Zones

  • Education: Most of these occupations require a four-year bachelor's degree, but some do not.
  • Related Experience: A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to qualify.
  • Job Training: Employees in these occupations usually need several years of work-related experience, on-the-job training, or vocational training.
  • Job Zone Examples: Many of these occupations involve coordinating, supervising, managing, or training others. Examples include accountants, sales managers, database administrators, teachers, chemists, environmental engineers, criminal investigators, and special agents.
  • Specific Vocational Preparation in years: 2-4 years of preparation (7.0 to < 8.0)

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