Insurance agents represent insurance companies and sell insurance to clients, including individuals and organisations.
You can work as an insurance agent without formal qualifications, but most employers usually require you to gain your Senior Secondary Certificate of Education. You will probably get some informal training on the job. Entry to this occupation may be improved if you have qualifications. You may like to consider a VET qualification in general insurance or financial services. As subjects and prerequisites can vary between institutions, you should contact your chosen institution for further information. You can also become an insurance agent through a traineeship in Financial Services or General Insurance. Entry requirements may vary, but employers generally require Year 10. For more details, see Section 2. Ask your career adviser about the possibility of starting some of this training in school.
Insurance agents may perform the following tasks:
Some insurance agents are also licensed financial planners and/or investment advisers.
Insurance agents usually represent a particular insurance company. They may work in either city or country areas. Most insurance agents work on a commission basis, with the level of business dependent upon the level of general economic activity. However, earnings and continued employment in this occupation depend on both ability and experience.