ANZSCO 222113

Insurance Brokers

Overview

EMPLOYED

11,600

PART-TIME SHARE

15%

FEMALE SHARE

47%

MEDIAN WEEKLY EARNINGS

N/A

MEDIAN AGE

42

ANNUAL EMPLOYMENT GROWTH

N/A

About this data

Summary

Insurance Brokers operate as independent agents to sell life, fire, accident, industrial or other forms of insurance for a range of insurance companies.

Tasks

  • Interviews prospective clients to explain insurance policy conditions, risks covered, premium rates and benefits, and to make recommendations on the amount and type of cover
  • Arranges insurance, home loan mortgages and other types of finance for clients through banks, lenders, financiers and insurance companies
  • Identifies and advising on significant risk changes to clients' insurance

ANZSCO Classification

Details

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    Hours worked

    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Note: those who were classified as "Employed, away from work" at the time of the 2021 Census (accounting for approx. 8% of total employment), have been excluded from the "Average full-time hours worked per week" denominator.
    Hours worked Insurance Brokers All Occupations
    Share of workers who work full-time hours 85% 64%
    Average full-time hours worked per week 43 hours 44 hours

    Industries

    Insurance Brokers work in industries like:

    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Note: industries that comprise less than 5% of an occupation have been suppressed.

    States and territories

    New South Wales

    34.0%

    Victoria

    27.5%

    Queensland

    18.3%

    South Australia

    6.4%

    Tasmania

    1.7%

    Northern Territory

    0.8%

    Australian Capital Territory

    1.0%

    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.

    Age and gender

    Age and Gender Profile
    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Age and Gender Insurance Brokers All Occupations
    Median age 42 years 40 years
    Female share of employment 47% 49%
    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Age Profile (% Share) All Occupations Insurance Brokers
    15–19 5.2 0.3
    20–24 9.1 4.0
    25–34 22.7 22.0
    35–44 22.3 29.2
    45–54 20.4 24.2
    55–59 8.8 8.8
    60–64 6.5 5.9
    65 and Over 4.9 5.7

    Education

    Source: ABS, 2021 Census of Population and Housing based on place of usual residence. Highest qualification completed by workers in this job (in any field of study).
    Qualifications needed by new workers might be different from the qualifications of workers already in the job.
    Note: the sum of the educational attainment categories may not add up to 100% due to the exclusion of non-descriptive categories such as not stated responses.
    Highest Level of Educational Attainment (% Share) All Occupations Insurance Brokers
    Post Graduate/Graduate Diploma or Graduate Certificate 12.2 7.8
    Bachelor degree 23.2 22.5
    Advanced Diploma/Diploma 11.1 35.2
    Certificate III/IV 19.5 8.5
    Year 12 15.9 13.5
    Year 11 4.0 2.0
    Year 10 and below 9.7 2.3
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      Occupation profiles data

      This file contains data displayed on the Occupation Profile pages.

      Use of data in this file must include the relevant attribution text provided.

      Occupation profiles data - August 2024.xlsx

      occupation_profiles_data_-_august_2024.xlsx9088333

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      Australian and New Zealand Standard Classification of Occupations

      Australian and New Zealand Standard Classification of Occupations (ANZSCO) is the skill-based classification system used to categorise occupations in the Australian and New Zealand labour markets. ANZSCO provides a basis for the standardised collection, analysis and dissemination of occupation data. Visit the ABS website to learn how ANZSCO works. Jobs and Skills Australia displays data for occupations that are defined by ANZSCO 2013 Version 1.3.