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An Insurance Specialist manages and advises on insurance policies to meet clients' needs. You might work for an insurance company, brokerage, or within an organisation’s risk management department. Insurance Specialists analyse risks, recommend appropriate coverage, and help clients understand their policy options. You’ll handle claims, ensure compliance with regulations, and provide expert advice to protect clients' assets and minimise financial loss.
Insurance Specialists play a crucial role in safeguarding clients' interests. You’ll need to be detail-oriented and have strong analytical skills to evaluate risks and policies effectively. You’ll communicate clearly with clients to explain complex insurance terms and ensure they receive the best possible coverage for their needs.
There are 4 courses available for people who want to become an Insurance Specialist.
Possible job outcomes:
The Master of Actuarial Practice responds to the growing need for expertise in risk assessment, innovative business solutions, and complex data analysis. It is ideal for those passionate about mathematics and eager to develop advanced quantitative analysis skills for problem-solving in business environments. This course prepares students for a career as qualified Actuaries, professionals increasingly sought-after for their ability to interpret and understand diverse quantitative information beneficial to organisations. .
Average duration: 24 months.
Looking for a career in risk management, insurance, superannuation, or actuarial research? The Bachelor of Actuarial Studies will teach you how to assess and manage financial risks to individuals, corporations, and governments. Your studies begin with an introduction to macro and microeconomics as well as the key modelling tools used by actuaries. You’ll then explore financial mathematics, probability and statistics, data visualisation, risk management and analytics, and quantitative data science. Even better, you can complete this degree alongside complementary disciplines including commerce, economics, and information systems. Enquire now for admissions criteria, actuarial career outcomes, and universities near you that offer the Bachelor of Actuarial Studies..
Average duration: 3 years.
The FNS51420 Diploma of Loss Adjusting qualification is intended for loss adjusters providing standard services across various insurance organisations. Individuals in these roles operate independently, resolving complex issues, researching, analysing, and evaluating data from diverse sources. They demonstrate initiative in planning, coordinating, and assessing their work, offering guidance to colleagues. Duties typically involve analysing claims data, conducting investigations, and overseeing operational performance. Enquire now for the full list of elective choices, entry requirements, and available enrolment dates..
Average duration: 12 months.
The FNS51220 Diploma of Insurance Broking prepares individuals for a career as an insurance broker in the general insurance industry. Participants will gain knowledge in insurance products and services, broking advice, client service, compliance, promotion, risk assessment, and handling complex claims. The course includes practical assessments and case studies with detailed scenarios, offering a comprehensive view of insurance broking. Graduates will be able to advise clients on risk management, apply technical solutions to complex issues, and evaluate information from various sources. Enquire now for the full list of elective choices, entry requirements, and available enrolment dates..
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Here are some potential career pathways within insurance services. Click on an occupation to learn more about the role and the qualifications that can help you get started in this industry.
Insurance Services
Assistant Broker
$960 weekly pay
Assistant Underwriter
Claims Officer
$1,050 weekly pay
Actuarial Analyst
$1,250 weekly pay
Claims Consultant
$1,150 weekly pay
Claims Specialist
Insurance Analyst
Insurance Broker
$1,350 weekly pay
Insurance Claims Assessor
$1,540 weekly pay
Insurance Consultant
Insurance Specialist
Insurance Underwriter
Actuarial Consultant
$1,500 weekly pay
Risk Advisor
Risk Analyst
$1,920 weekly pay