Insurance agents and brokers (NOC 6231)

Nature of work

Insurance agents and brokers sell life, automobile, property, health and other types of insurance to individuals, businesses and public institutions. Insurance agents are employed by individual insurance companies or are independent representatives of specific insurance companies. Insurance brokers are employed by brokerage firms, or may work in partnerships or hold sole proprietorship. Supervisors of insurance agents are included in this unit group.

Main duties

Insurance agents and brokers perform some or all of the following duties:
- Sell automobile, fire, health, life, property, marine, aircraft and other types of insurance to clients
- Establish client insurance coverage, calculate premiums and establish method of payment
- Provide information concerning group and individual insurance packages, the range of risk coverage, benefits paid and other policy features
- Continued…
- Ensure appropriate forms, medical examinations and other policy requirements are completed
- Monitor insurance claims and respond to clients' enquiries
- Identify and solicit potential clientele.

Employment requirements

• * Completion of secondary school is usually required.
• * On-the-job training and insurance industry courses and training programs are provided and are required for employment.
• * Licensure by the insurance governing body in the province or territory of employment is required.