Insurance job description
Post JobJobs in insurance range from customer service and sales roles, often in advisor or consultant positions, to administrative and clerical work, accountancy and actuarial roles, auditing and fraud control, claims adjustor and technician, and even PR or marketing roles. Sales positions will generally require self-starters with existing client bases, though entry-level positions frequently offer training
Work in advisory, consultancy and sales will generally depend on suitable qualifications (FSA) and remuneration will be largely or completely dependent on sales commission. Accountancy, audit and actuarial positions typically require related academic and professional qualifications
Brokerage and re-insurance work will also generally demand at least nominal experience. Specialised roles will usually need demonstrable knowledge and experience within a niche or sector, as well as an overall understanding of the industry
Sales positions may offer a basic salary of £15,000, with OTE of £20,000 to £30,000. Clerical and office administrative roles offer median salaries of £14,000. Underwriters and technicians with experience should be seeking £18,000 to £20,000 or more, depending on the level of experience and the particular market.
Description
Insurance is a business dedicated to cover expenses related to potential money loss, offering financial protection for a small fee. Inside this area there are insurance Brokers, Financial Advisers, Insurance Underwriters, among other job placements. They check if an insurance proposal is acceptable, arrange insurance plans for clients or conduct financial investigations.
Insurance workers usually perform many of the following tasks:
• Advising suitable insurance plan for clients.
• Investigating potential fraud cases.
• Analysing past records.
• Calculating future risk.
• Creating reports.
Skills
• Being flexible.
• Having good IT skills.
• Having competent communication abilities.
• Being able to explain complex financial topics.
• Having special attention to details.
• Having competent math abilities.
• Being a leader to manage a staff.
• Being motivated.
• Having forward-thinking.
• Being able to solve problems creatively and logically.
Education
There is a wide variety of educational options for Insurance business applicants. In most cases it is required to have A levels and a GCSE (A-C) in Math and English as a minimum. For Insurance underwriters it is necessary to have a degree with numeracy subjects. Insurance broker requires a degree related to business and math, and financial adviser needs a degree related to scientific matters.
For more information, The Chartered Institute is the leading center for insurance business, including several courses for that area.
Job Offer Trends
Overview According to our data, these are the percent of job offers for insurance.
Last 12 months
Companies According to our data, by number of offers, these are the top companies that are hiring for insurance.
Last 12 months
More companiesJob Types According to our data, in percentages, these are the top job types available for insurance.
Categories According to our data, by number of offers, these are the most popular categories for insurance.
Cities According to our data, by number of offers, these are the top locations to get hired for insurance.
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Salaries According to our data this is the average salary range offered for insurance.
Insurance Jobs
Latest Job Offers
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Corporate Risk & Insurance Advisor
£50000 - £70000 per annum
Central London, Greater London
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London, England
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Commercial Insurance Account Handler
£34K - £40K (Employer Est.)
Leeds, England
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Commercial Account Handler/ Executive
£35000 - £50000.00 per annum
Hitchin, Hertfordshire
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Business Development Executive
London, England
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£45000.00 - £50000.00 per annum
City of London, Greater London
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£40K - £70K (Employer Est.)
Barnstaple, England
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£35000.00 - £45000.00 per annum
City of London, Greater London
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£35000.00 - £50000.00 per annum
City of London, Greater London
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Peterborough, Other, United Kingdom
Most Popular Job Searches
- Trainee Insurance
- Senior Insurance
- SQL Insurance
- Risk Insurance
- Insurance Underwriter
- Insurance Technician
- Insurance Surveyor
- Insurance Specialist
- Insurance Solicitor
- Insurance Sales
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