anzsco.com.au
ANZSCO 222113Skill level 1Version 5Updated 2026-04-26

Insurance Broker

An Insurance Broker advises businesses and individuals on appropriate insurance coverage and places insurance policies through insurers on behalf of clients. Australia has a significant insurance broking industry regulated by ASIC.

Indicative salary range
$70,000 - $145,000 (2025 indicative)

Full-time AUD, 2025 indicative. Wide bands reflect variation by employer, experience, and location.

Labour market demand

Consistent demand; small to medium businesses regularly seek broker expertise.

Occupation list membership

Which Department of Home Affairs skilled lists this occupation currently appears on.

  • STSOLShort-Term Skilled Occupation List

    Occupations eligible for shorter-term sponsored visas including Subclass 482 (short-term stream).

  • CSOLCombined Skilled Occupation List

    The merged skilled list that consolidates previous MLTSSL and STSOL eligibility under the Skills in Demand program.

Assessing authority

The body that assesses skills for migration purposes for this occupation.

Visa pathways

Australian visa subclasses for which this occupation is currently eligible.

State nominations

States and territories that currently nominate this occupation for skilled migration.

CodeState / TerritoryDetails
WAWestern AustraliaView nomination →
SASouth AustraliaView nomination →

Key duties

  • Assess client risk exposures and recommend insurance coverage
  • Research and negotiate policies with insurers
  • Manage renewals, endorsements, and claims on behalf of clients
  • Maintain ASIC AFS licence authorisation and compliance obligations

Skills required

  • Insurance products and coverage knowledge
  • Risk assessment and needs analysis
  • Insurer market relationships and negotiation
  • ASIC compliance and financial services law

Typical qualifications pathway

Diploma of Financial Services (Insurance Broking); NIBA membership; ASIC AFS authorisation. VETASSESS assesses qualifications.

Visa & occupation list information

Listed on STSOL and CSOL, supporting subclasses 186, 190, 482, 491, and 494 For advice on which pathway suits your circumstances, consult a registered MARA migration agent.

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Occupation record last reviewed by editorial team: