Insurance Officer (SA)

Education and Training:

You can work as an insurance officer without formal qualifications, but most employers usually prefer you to gain your SACE. You will probably get some informal training on the job. Entry to this occupation may be improved if you have qualifications. You may like to consider a VET qualification in general insurance, loss adjusting or insurance broking. As subjects and prerequisites can vary between institutions, you should contact your chosen institution for further information. You may be able to study through distance education.

You can also become an insurance officer through a traineeship in General Insurance or Financial Services. Entry requirements may vary but employers usually require Year 10. Ask your career adviser about the possibility of starting some of this training in school.

Additional Information:

Once you are employed, you may be able to develop, and have recognised, additional skills under the Financial Services Training Package that will expand your career opportunities within this industry.

As an insurance officer, you may be eligible for membership of the Australian and New Zealand Institute of Insurance and Finance.

Related Courses:

While the following courses are related to this occupation, they may not necessarily lead directly to employment, nor provide the most direct pathway to the occupation. Courses which provide preliminary or informal training, as well as those which provide additional job skills following initial qualifications may also be listed.

*Course is offered by more than one institution. Click link for details.

Employment Opportunities:

Insurance officers are employed by insurance and finance companies. They may sell insurance and they usually work for wages rather than commission, making competition for available positions strong. Prospects for promotion are better for those prepared to undertake further study in fields such as commerce, economics, law, computer science and mathematics.

An entrant to an insurance company generally starts as a clerk and can progress through various departments to positions such as inspector, claims officer, re-insurance officer, loss adjuster, marine underwriter or manager.