3321-Insurance representatives

Job Title ( International classification ): 
Insurance representatives
ISCO Code: 
3321
Job Description: 
Insurance representatives advise on and sell life, accident, automobile, liability, endowment, fire, marine and other types of insurance to new and established clients.
Tasks: 

Main Tasks include -

  • (a) obtaining information about customers? circumstances necessary to determine appropriate type of insurance and conditions
  • (b) negotiating with customers to determine type and degree of risk for which insurance is required
  • (c) explaining details of insurance and conditions, risk coverage premiums and benefits to customers
  • (d) assisting clients to determine the type and level of coverage required, calculating premiums and establishing method of payment
  • (e) negotiating and placing reinsurance contracts
  • (f) advising on, negotiating terms for and placing insurance contracts for large or special types of projects, installations or risks.
Inclusions: 

Examples of the occupations classified here:
- Insurance agent
- Insurance broker
- Insurance underwriter

Exclusions: 

Some related occupations classified elsewhere:
Insurance agency manager - 1346
Insurance assessor- 3315
Securities dealer - 3311
Insurance clerk - 4312

Careers ( UK Standards ): 
Careers ( Pakistan Standards):