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Occupation information - In brief...



Career Interests 

Interest categories related to this occupation:

This occupation is associated with the following interest categories. These categories can be explored by clicking on the titles.

Administrative
Enterprising

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Course Suggestions - CAO

Courses related to this or similar occupations:

If you are interested in this occupation, then these CAO courses may also be of interest. Note that these course suggestions are not intended to indicate that they lead directly to this occupation, only that they are related in some way and may be worth exploring.
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In Brief... Claims Broker

 Brief Description:

Deals with all aspects of insurance claims on behalf of clients.
They ensure that each claim is covered by the terms and conditions of the policy and investigate the cause of loss or damage.

Typical tasks undertaken in this profession: 19

»  

Sell various types of insurance policies to businesses and individuals on behalf of insurance companies, including automobile, fire, life, property, medical and dental insurance or specialized policies such as marine, farm/crop, and medical malpractice. 

»  

Interview prospective clients to obtain data about their financial resources and needs, the physical condition of the person or property to be insured, and to discuss any existing coverage. 

»  

Call on policyholders to deliver and explain policy, to analyze insurance program and suggest additions or changes, or to change beneficiaries. 

»  

Seek out new clients and develop clientele by networking to find new customers and generate lists of prospective clients. 

»  

Ensure that policy requirements are fulfilled, including any necessary medical examinations and the completion of appropriate forms. 

»  

Customize insurance programs to suit individual customers, often covering a variety of risks. 

»  

Explain features, advantages and disadvantages of various policies to promote sale of insurance plans. 

»  

Calculate premiums and establish payment method. 

»  

Inspect property, examining its general condition, type of construction, age, and other characteristics, to decide if it is a good insurance risk. 

»  

Perform administrative tasks, such as maintaining records and handling policy renewals. 

1 In Detail...
A detailed description of this occupation can be found on a number of online databases. Follow the link(s) below to access this information:
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Go.. Claims Examiner - from:  YouTube Video

JobZone

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Education
Most of these occupations require qualifications at NFQ Levels 7 or 8 (Ordinary / Honours Degrees) but some do not.

Related Experience
A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an engineer must complete four years of college and work for several years in engineering to be considered qualified.

Job Training
Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Job Zone Examples
Many of these occupations involve coordinating, supervising, managing, or training others. Examples include accountants, sales managers, computer programmers, teachers, chemists, environmental engineers, criminal investigators, and financial analysts.


Qualifications required?

Level 7/8 Degree + professional qualifications

Typical entry routes:

Experience of working in the banking, financial or insurance services plus relevant qualification.

Related courses

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Sectors related to this occupation:

This occupation is typically found in the sectors below. You can explore information relating to sectors by clicking on the titles below.

Banking, Insurance & Financial Services


Future Skills Requirements & Concerns

Current Labour Market Research highlights concerns in some occupations. These comments are presented here where available: [source: Forfas]


 
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