How do I become a insurance consultant?
Diploma of Finance and Mortgage Broking Management
- There are no mandated entry requirements.
Certificate IV in Finance and Mortgage Broking
- There are no mandated entry requirements.
Certificate IV in General Insurance
- There are no mandated entry requirements.
Certificate IV in Financial Services
- There are no mandated entry requirements.
Related occupations
Claims Officer
A Claims Officer processes insurance claims by collecting details, liaising with clients, and providing support throughout the claims process.
Assistant Underwriter
An Assistant Underwriter supports the assessment of loan, credit, or insurance applications by gathering financial information and managing administrative tasks.
Assistant Broker
An Assistant Broker supports finance professionals by helping clients with loans and insurance, managing paperwork, and facilitating communication.
Insurance Broker
An Insurance Broker arranges insurance policies for clients, advising them on options and acting as a liaison with financial institutions.
Insurance Claims Assessor
An Insurance Claims Assessor evaluates and investigates claims, advises clients on outcomes, completes paperwork, and ensures accuracy and compliance.
Claims Consultant
A Claims Consultant evaluates insurance claims, determines validity, processes applications, and communicates with policyholders, focusing on service.
Claims Specialist
A Claims Specialist processes insurance claims, liaises with clients, gathers details, and ensures paperwork is complete, requiring strong communication.
Insurance Analyst
An Insurance Analyst analyses insurance data to inform pricing strategies and risk assessments, preparing reports and collaborating on new products.
Risk Analyst
A Risk Analyst evaluates data to assess risk for clients and businesses, guiding decisions and policies while communicating findings clearly.
Risk Advisor
A Risk Advisor guides organisations in identifying and mitigating risks, developing strategies, conducting assessments, and ensuring compliance.
Risk Consultant
A Risk Consultant helps organisations identify and mitigate potential risks by conducting assessments, developing management strategies, and ensuring compliance.
Actuarial Consultant
An Actuarial Consultant advises on financial risk using mathematical models to help organisations make informed decisions about insurance and pensions.
Actuarial Analyst
An Actuarial Analyst evaluates financial risks using mathematics and statistics to inform risk management and investment decisions.
Insurance Specialist
An Insurance Specialist manages and advises on insurance policies, analysing risks and ensuring clients have appropriate coverage and support.
Insurance Underwriter
An Insurance Underwriter evaluates insurance applications, analyses risks, and determines premiums, ensuring policies comply with company and legal guidelines.
Common questions
How much does an Insurance Consultant earn?
In Australia, a full time Insurance Consultant generally earns $1,500 per week ($78,000 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
What are the job opportunities for an Insurance Consultant?
The number of people employed as an Insurance Consultant has decreased in recent years. There are currently 23,800 people working in this role in Australia, compared to 26,000 five years ago. Insurance Consultants may find work across all regions of Australia, particularly larger towns and cities.
Source: Australian Government Labour Market Insights
How do I become an Insurance Consultant?
A Certificate IV in Finance and Mortgage Broking is a suitable qualification if you’re planning to work as an Insurance Consultant. You could also consider a Certificate IV in Financial Services or a Diploma of Finance and Mortgage Broking Management.