531334 Insurance Broker
Provides advice on policies for life, fire, accident, health, industrial or other forms of insurance for a range of insurance companies.
- Major group
- 5 Clerical and Administrative Workers
- Unit group
- 5313 Financial and Insurance Brokers
- Edition
- OSCA 2024
- Skill level
- Level 2
Should you use OSCA or ANZSCO?
OSCA 2024 is the current Australian occupation classification for storing, organising and reporting occupation information. Use this OSCA record for current Australian statistical and analytical classification work.
Some migration and administrative programs still specify ANZSCO 2022. Check the exact system named by the agency or form rather than replacing the code automatically.
Official ANZSCO correspondence
Role overview
Provides advice on policies for life, fire, accident, health, industrial or other forms of insurance for a range of insurance companies.
Use this page to confirm the official title, the parent unit group, the task list and the related ANZSIC industry context before using the occupation in classification, reporting or migration-adjacent workflows.
Occupation facts
- Skill level
- 2
- Major group
- 5 Clerical and Administrative Workers
- Sub-major group
- 53 Financial Services and Insurance Workers and Brokers
- Minor group
- 531 Financial Services and Insurance Workers and Brokers
- Unit group
- 5313 Financial and Insurance Brokers
Tasks
- Interviews prospective clients to explain insurance policy conditions, risks covered, premium rates and benefits, and makes recommendations on the amount and type of cover
- Determines the specific insurance requirements of clients, and researches and reviews available insurance products for suitability to meet clients' requirements
- Arranges insurance for clients through insurance companies
- Identifies and advises on significant risk changes to clients' insurance
Skill level guidance
Skill level helps place the occupation inside the ABS hierarchy. Use it as a classification cue, then check the actual task list and occupational context before making a decision for HR, visa or reporting work.
How to use this occupation page
Start with the official OSCA title and task list. Then confirm the parent unit group and compare the related occupations on this page if the job title is broad, overlapping or used differently across employers.
The ANZSIC links are there to help when the same occupation appears across several industries and you need the business-side classification as well.
Related occupations
Industry context
Alternative titles
No alternative titles are currently attached.
Compare before choosing
Compare OSCA 531334 with related occupations
Compare roles in the same OSCA unit group by their official definition, skill level, tasks and recognised alternative titles.
| Comparison point | Current code531334 Insurance Broker | 531331 Business Broker | 531332 Commodities Trader |
|---|---|---|---|
| Official role definition | Provides advice on policies for life, fire, accident, health, industrial or other forms of insurance for a range of insurance companies. | Operates as an independent agent in the buying and selling of businesses. | Operates as an independent agent to bring together buyers and sellers of commodities, negotiates private sales, and arranges sales through established marketplaces. |
| Skill level | Skill Level 2 | Skill Level 3 | Skill Level 2 |
| Key tasks |
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| Alternative titles | Not stated | Not stated |
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Comparison uses occupation definitions, skill levels, tasks and title variants from the ABS OSCA data files.
Official source
- Official source
- ABS OSCA 2024 release and correspondence tables
- Last reviewed
- 2026-04-17
This site is an independent reference resource. It is not affiliated with, endorsed by, or connected to the ABS, ATO or any Australian Government agency.
Please verify critical classification decisions with the official authority before using them for tax, payroll, licensing, immigration or compliance work.