611211: Insurance Agent Description Represents insurance companies in selling insurance to clients. Registration or licensing is required. Skill Level 3   /  Skill Level NZ 2 Occupations at Skill Level 3 have a level of skill commensurate with one of the following: – NZ Register Level 4 qualification – AQF Certificate IV or – AQF Certificate III including at least two years of on-the-job training. At least three years of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.  Assessing Authority

• Vocational Education and Training Assessment Services (VETASSESS)

vetassess@vetassess.com.au Specialisations

• Insurance Underwriter
• Life Assurance Representative

 Specialisation titles are any commonly used titles which refer to a subset of jobs belonging to the occupation designated in the principal title. These jobs involve the performance of specialised tasks rather than the broader range of tasks usually performed in the occupation. Unit Group 6112: Insurance Agents Description Represent insurance companies in selling insurance to clients. Indicative Skill Level Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below. In Australia: AQF Certificate III including at least two years of on-the-job training, or AQF Certificate IV or at least three years of relevant experience (ANZSCO Skill Level 3) In New Zealand: NZQF Diploma, or at least three years of relevant experience (ANZSCO Skill Level 2) In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification. Registration or licensing is required.  

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