Bendigo

Insurance Broker

An Insurance Broker arranges insurance policies for clients. You’ll discuss available policy options and assist clients to decide which type of insurance would best suit their needs. Insurance Brokers help clients with the application process and act as a liaison between clients and financial institutions such as banks or insurance companies. You may receive a commission for any insurance policies you arrange.

Insurance Brokers should have good customer service skills and be able to communicate well with a range of clients. You’ll need to understand insurance systems and procedures and be familiar with relevant legislation. Insurance Brokers need to have strong attention to detail and must be able to manage their time well.

 

Future demand Medium
Average yearly income $78,000
Skill level Advanced

How do I become a insurance broker?

All skill levels Beginner Experienced
FNS41422

Certificate IV in General Insurance

On Campus, Online, Traineeship
7 - 36 months
$0 - $6,000
  • There are no mandated entry requirements.
Additional requirements may apply.
  • There are no mandated entry requirements.
Additional requirements may apply.
FNS51220

Diploma of Insurance Broking

Online
11 - 12 months
$0 - $3,380
  • There are no mandated entry requirements.
Additional requirements may apply.
  • There are no mandated entry requirements.
Additional requirements may apply.
*Showing course fees for all providers. Some providers may not be available in your area.

Related occupations

Common questions

Further reading

How to become a Finance Broker in Australia

14th August 2019)

What can you do with a Certificate IV in Finance and Mortgage Broking?

11th January 2022)

Choosing a security licence course in Australia: A step-by-step guide for jobseekers

10th November 2023)