Insurance Representatives

Insurance representatives advise on and sell life, accident, automobile, liability, endowment, fire, marine and other types of insurance to new and established clients. 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. Examples of the occupations classified here: - Insurance agent - Insurance broker - Insurance underwriter Some related occupations classified elsewhere: - Insurance agency manager - 1346 - Securities broker - 3311 - Insurance assessor - 3315 - Insurance clerk - 4312.