Insurance Advisor Staff in Australia

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Insurance Broker Duties & Salary in Australia

In Australia, an Insurance Broker plays a crucial role in helping individuals and businesses navigate the complex world of insurance. They act as intermediaries between clients and insurance companies, providing expert advice and tailored insurance solutions. A fascinating fact is that the Insurance Brokers Code of Practice, developed by the National Insurance Brokers Association (NIBA), sets high professional and ethical standards for brokers in Australia.

Key duties of an Insurance Broker in Australia include assessing clients' insurance needs, researching insurance policies, negotiating with insurers, and recommending suitable coverage options. They also assist clients in submitting claims and managing any policy changes. Strong analytical and communication skills are essential for success in this role.

To become an Insurance Broker in Australia, individuals typically need a qualification such as a Certificate III in Insurance Broking. Additionally, gaining experience in the insurance industry and obtaining relevant licenses from the Australian Securities and Investments Commission (ASIC) is important.

Work opportunities for Insurance Brokers in Australia exist in major cities like Sydney, Melbourne, Brisbane, and Perth. The insurance industry in Australia is robust, providing numerous career prospects for professionals in this field.

In terms of salary range, an Insurance Broker in Australia can expect to earn between AUD 50,000 and AUD 100,000 per year, depending on their level of experience and the size of the brokerage firm they work for.

* Please note that the salary figures may vary based on experience & location. Salary figures & rate ranges last updated Nov 2023.
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Star Star Star Star Star

Jay is an awesome Australian Insurance Agent.

We have loved your work and communication throughout the gig.

Jay your ability is second to none!

We highly recommend gigexchange & Jay. We have told ALL our friends and family about the service we experienced.

If anyone is looking for an expert Insurance Agent in Australia then Jay is for you!

Star Star Star Star Star

Great Service! Great Communication! Great Price! Very Happy with Leroy!

We had been on the lookout for a Insurance Agent in Australia for ages but couldnt find anyone.

Luckily gigexchange came to the rescue and we found Leroy immediately.

We’ll certainly use Leroy & other freelancers in Australia on gigexchange for our other projects we have in the future.

Taylor in Australia

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