ANZSCO 6112

Insurance Agents

Overview

EMPLOYED

17,000

PART-TIME SHARE

12%

FEMALE SHARE

41%

MEDIAN WEEKLY EARNINGS

$1,314

MEDIAN AGE

39

ANNUAL EMPLOYMENT GROWTH

800

About this data

Summary

Insurance Agents represent insurance companies in selling insurance to clients.

Tasks

  • Interviewing clients to identify their insurance needs
  • Explaining to clients details of insurance and conditions, risk coverage, premiums and benefits
  • Assisting clients to determine the type and level of coverage required
  • Calculating premiums and establishing method of payment
  • Reviewing clients' circumstances to ensure that the level and coverage of insurance is still appropriate
  • Settling and monitoring insurance claims to ensure that both client and insurer are satisfied with the outcome
  • Recording information about clients and their policies
  • Identifying and drawing up lists of potential clients from a variety of sources and contacting them to arrange interviews
  • Keeping up-to-date with changes in the insurance industry and informing clients of new developments

ANZSCO Classification

Details

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    Earnings and Hours

    Weekly Earnings (Before Tax)
    Source: Share of workers who work full-time hours: ABS, Labour Force Survey, 2023, four-quarter average, customised report.
    Average full-time hours worked per week: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Median full-time earnings per week and Median hourly earnings: ABS, Survey of Employee Earnings and Hours, May 2023, customised report.
    Note: median earnings data have not been produced for some occupations where there is a high standard error, and are published with "N/A" values.
    Earnings and Hours Insurance Agents All Occupations
    Share of workers who work full-time hours 88% 70%
    Average full-time hours worked per week 41 hours 44 hours
    Median full-time earnings per week $1,314 $1,697
    Median hourly earnings $34 $43

    Industries

    Insurance Agents work in industries like:

    Source: Ranked using ABS, Labour Force Survey, 2023, four-quarter average data, custom report.
    Note: industries that comprise less than 5% of an occupation have been suppressed.

    States and territories

    New South Wales

    41.0%

    Victoria

    18.8%

    Queensland

    22.1%

    South Australia

    6.9%

    Tasmania

    0.8%

    Northern Territory

    0.6%

    Australian Capital Territory

    0.7%

    Source: ABS Labour Force Survey, Detailed, August 2024, Jobs and Skills Australia trend data.

    Age and gender

    Age and Gender Profile
    Source: ABS, Labour Force Survey, 2023, four-quarter average, customised report.
    Age and Gender Insurance Agents All Occupations
    Median age 39 years 39 years
    Female share of employment 41% 48%
    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Age Profile (% Share) All Occupations Insurance Agents
    15–19 5.2 0.5
    20–24 9.1 7.3
    25–34 22.7 27.9
    35–44 22.3 28.3
    45–54 20.4 22.1
    55–59 8.8 7.0
    60–64 6.5 4.4
    65 and Over 4.9 2.5

    Education

    Visit

    • Course Seeker to search and compare higher education courses.
    • ComparED to compare undergraduate and postgraduate student experiences and outcomes.
    • Your Career to compare Vocational Education and Training (VET) courses, providers and student outcomes.
    Source: ABS, 2021 Census of Population and Housing based on place of usual residence.
    Highest Level of Educational Attainment (% Share) All Occupations Insurance Agents
    Post Graduate/Graduate Diploma or Graduate Certificate 12.2 7.5
    Bachelor degree 23.2 23.2
    Advanced Diploma/Diploma 11.1 18.7
    Certificate III/IV 19.5 14.9
    Year 12 15.9 22.5
    Year 11 4.0 3.2
    Year 10 and below 9.7 4.4
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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 - November 2024.xlsx

      occupation_profiles_data_-_november_2024.xlsx946664

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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.