ANZSCO 22215.5ModerateNo Shortage

Financial Brokers

Business, Human Resource and Marketing Professionals · Financial Brokers and Dealers, and Investment Advisers

0.0out of 10
Moderate Risk

Median Weekly Pay

$1,635

Full-time workers

Employment

45,800

Total workers

10yr Growth

+12.3%

Projected to 2034

Shortage Status

No Shortage

JSA Official AI Exposure

Automation47.0%
Augmentation75.0%

Key Tasks

  • Monitoring commodity prices, trends and other factors affecting the supply and demand for commodities
  • Negotiating the purchase and sale of commodities such as grains, wool, minerals and metals
  • Determining the specific financial and insurance requirements of clients, and researching and reviewing available finance and insurance products for suitability to meet clients' requirements
  • Analysing clients' financial status, discussing financial options and developing financial strategies
  • Recommending loan combinations that meet clients' needs
  • Interviewing prospective clients to explain insurance policy conditions, risks covered, premium rates and benefits, and to make recommendations on the amount and type of cover
  • Arranging insurance, home loan mortgages and other types of finance for clients through banks, lenders, financiers and insurance companies
  • Preparing documents which set out the conditions of finance, repayments and loan periods
  • Identifying and advising on significant risk changes to clients' insurance
  • Broking complex and commercial leases, equipment finance, commercial finance, project finance and finance for property developers

Employment Projections to 2034

Median Age

43

Female Share

39.0%

Part-Time Share

12.0%

Skill Level

2 / 5