Insurance Consultant

Also known as Insurance Clerk.
Prepares and checks documentation associated with insurance. May work in a call centre.
Training time 6 months
Average pay $68,653
Employment prospects Strong
Employment size 7,600

What does an Insurance Consultant do?

  • obtaining information on the form of competitors by research, attending race trials and liaising with contacts
  • offering and varying odds on competitors after considering the type of event, handicaps, weather conditions and odds offered by other Bookmakers
  • processing insurance applications, adjustments to insurance cover, standard endorsements and insurance claims
  • monitoring balances of accounts and summarising reinsurance to determine outstanding risk
  • surveying potential risk exposure
  • despatching notices of premiums due and forms concerning conservation and transfer of insurance
  • reviewing, checking, verifying and issuing transaction documentation for securities
  • claiming accruing dividends and processing dividend payments
  • compiling statistics from financial records, survey returns and other data sources, and verifying the authenticity of the material
  • operating computers to input, manipulate and output information
  • compiling results of calculations into tables, graphs and charts to be used in analysis

Specialisations

  • Health Insurance Assessor
  • Superannuation Clerk

Related courses

Government-subsidised training is marked with this symbol
Certificate III in Personal Injury Management
Certificate IV in Personal Injury Management
Certificate IV in Superannuation
Diploma of Personal Injury and Disability Insurance Management