ANZSCO 222113
Insurance Broker
General information, not immigration advice. Data as at 2026-10-22.
About this occupation
ANZSCO 2022Operates as an independent agent to sell life, fire, accident, industrial or other forms of insurance for a range of insurance companies. Registration or licensing is required.
Unit group 2221
Financial Brokers
Financial Brokers operate as independent agents to facilitate the trading of commodities and arrange insurance and loans of money on behalf of 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 Associate Degree, Advanced Diploma or Diploma (ANZSCO Skill Level 2)
In New Zealand
- NZQF Diploma (ANZSCO Skill Level 2)
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.
Registration or licensing may be required.
Tasks include
- 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
Show all 10 tasks
- 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
Occupations in this unit group
- 222111 Commodities Trader
- 222112 Finance Broker
- 222113 Insurance BrokerThis occupation
- 222199 Financial Brokers nec
Source: Australian Bureau of Statistics, ANZSCO 2022. CC BY 4.0.
ANZSCO 2022 (the edition the CSOL uses for the 482 and 186 visas)
Title in this edition: Insurance Broker, skill level 2
- Major group
- 2 Professionals
- Sub-major group
- 22 Business, Human Resource and Marketing Professionals
- Minor group
- 222 Financial Brokers and Dealers, and Investment Advisers
- Unit group
- 2221 Financial Brokers
The title and groups are the same in ANZSCO 2013 v1.2 and ANZSCO 2022.
Occupation Shortage List (2026)
- National rating
- No Shortage
- Confidence
- On-balance
- Rated on
- ANZSCO 2022
Source: Jobs and Skills Australia, 2026 Occupation Shortage List - 6 digit ANZSCO and OSCA, released 21 October 2026. CC BY 4.0.
Possible visa options
Visas that Insurance Broker may be eligible for through its skilled list placement. Being on a list is one requirement; each visa has others (points, age, English, nomination or sponsorship).
| Visa | Stay | MLTSSL | STSOL | ROL | CSOL | Instrument |
|---|---|---|---|---|---|---|
| Skilled Nominated (subclass 190) | Permanent | Not on MLTSSL | On STSOL | ROL not used for this visa | CSOL not used for this visa | LIN 19/051, s 7(1) item 3 |
| Skilled Work Regional (provisional) visa (subclass 491) State or Territory nominated | — | Not on MLTSSL | On STSOL | Not on ROL | CSOL not used for this visa | LIN 19/051, s 7(1) item 4 |
| Training visa (subclass 407) | Temporary (Up to 2 years) | Not on MLTSSL | On STSOL | Not on ROL | CSOL not used for this visa | LIN 19/050, s 6 |
| Skilled Employer Sponsored Regional (provisional) (subclass 494) - Employer sponsored stream | Temporary (5 years) | Not on MLTSSL | STSOL not used for this visa | On ROL | CSOL not used for this visa | LIN 19/219, s 5(1) |
| Skills in Demand (subclass 482) - Core Skills stream | Temporary (Up to 4 years) | MLTSSL not used for this visa | STSOL not used for this visa | ROL not used for this visa | On CSOL | LIN 24/089, s 6(3) |
| Employer Nomination Scheme visa (subclass 186) - Direct Entry Pathway | Permanent | MLTSSL not used for this visa | STSOL not used for this visa | ROL not used for this visa | On CSOL | LIN 24/093, s 7(1) |
✓ the occupation is on a list this visa uses · ✗ this visa uses the list but the occupation is not on it · — the visa does not use this list. Source: Australian Government Department of Home Affairs, visa pages, CC BY 3.0 AU.
Average salary, May 2025
Unit group 2221 Financial brokers (ANZSCO 2022). all employees, Average weekly total cash earnings.
| Average weekly earnings | Average age | |
|---|---|---|
| All employees | $1,902.60 | 44.0 |
| Males | $1,901.60 | 43.6 |
| Females | $1,904.50 | 44.7 |
Source: Australian Bureau of Statistics, Employee Earnings and Hours, Australia, May 2025: data cube 63060DO011_202505 (Table 1), released 23 January 2026. CC BY 4.0.
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Scan to get the appSource: Australian Bureau of Statistics, ANZSCO (CC BY 4.0). Source: Department of Home Affairs, Skilled occupation list (CC BY 4.0). Source: Jobs and Skills Australia, 2026 Occupation Shortage List. © Commonwealth of Australia, CC BY 4.0. Source: Australian Bureau of Statistics, Employee Earnings and Hours, Australia, May 2025. © Commonwealth of Australia, CC BY 4.0. Search another occupation