📝 ANZSCO Report

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.

• 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

• 222111 Commodities Trader
• 222112 Finance Broker
• 222113 Insurance Broker
• 222199 Financial Brokers nec

Alternative Title:

• Commodities Broker

Operates as an independent agent to bring together buyers and sellers of commodities, negotiates private sales and arranges sales through established market places.

Skill Level: 2

Specialisations:

• Energy Trader
• Grain Buyer
• Livestock Trader
• Media Buyer

• Water Broker/Trader

• Wool Broker

Operates as an independent agent in the course of financial negotiations and arranges loans of money on behalf of clients. Registration or licensing is required.

Skill Level: 2

Specialisations:

• Lease Broker
• Mortgage Broker

Operates 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.

Skill Level: 2

This occupation group covers Financial Brokers not elsewhere classified. Registration or licensing is required.

Skill Level: 2

Occupations in this group include:

• Investment Broker