Insurance broker
Insurance brokers use their knowledge of the insurance market to help find the right cover, at the best price, for their customers.
Typical Salary
£20,000 – £65,000
per year
Working Hours
41–43
hours per week
Day-to-day tasks
In your day-to-day duties you could:
- gather information from clients to assess their insurance needs and risk
- research insurance policies
- arrange insurance cover for clients
- negotiate the best policy terms with insurers
- renew or change existing policies
- make sure all business and paperwork meets legal requirements
- advise customers who are making a claim
- use IT systems to keep records and prepare documents
- prepare case reports for insurance underwriters and surveyors
Skills needed
- customer service skills
- the ability to sell products and services
- to be thorough and pay attention to detail
- the ability to use your initiative
- persistence and determination
- patience and the ability to remain calm in stressful situations
- excellent verbal communication skills
- maths knowledge
- to be able to use a computer and the main software packages confidently
How to get into this role
You can get into this job through:
- a university course
- an apprenticeship
- working towards the role
- a graduate training scheme
Career progression
With experience, you could move into account handling, claims broking or a business development role.
You could specialise in an area of insurance, progress into management, or move into other types of insurance work, like loss adjusting, underwriting or compliance.