OSCA 621131

Insurance Agent

Overview

  • Employed persons

    8,700

  • Employment status

    81.8% Full time

    18.3% Part time

  • Median age

    39 years

  • Employment by sex

    53.9% Female

    46.1% Male

    Gender balanced

  • Indigenous employment share

    1.1%

  • Main employing industry

    Financial and Insurance Services

Indicator Insurance Agent Total employment
Employed persons 8,700 12,049,400
Median age 39 years 40 years
Full-time share 81.8% 64.2%
Part-time share 18.3% 35.8%
Female employment share 53.9% 48.5%
Male employment share 46.1% 51.5%
Gender segregation intensity scale Gender balanced Gender balanced
Indigenous employment share 1.1% 2.2%
Main employing industry Financial and Insurance Services Health Care and Social Assistance
Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.

Occupation overview

Insurance Agents represent insurance companies in selling insurance to clients.

What the occupation involves

  • Interviews clients to identify their insurance needs
  • Explains to clients details of insurance and conditions, risk coverage, premiums and benefits
  • Assists clients to determine the type and level of coverage required
  • Reviews client's circumstances to ensure that the level and coverage of insurance is still appropriate
  • Sets and monitors insurance claims to ensure that both client and insurer are satisfied with the outcome
  • Records information about clients and their policies
  • Keeps up to date with changes in the insurance industry and informs clients of new developments

Common occupation titles

No alternative occupation titles are listed for this occupation.

Specialisations

  • Insurance Underwriter

Note: Specialisations are examples of roles in within this occupation and are not separate OSCA occupations.

Skill level (education and experience level)

Skill level 3
equivalent to a mid-level Vocational Education and Training (VET) qualification (Certificate IV or Certificate III with at least 2 years’ on-the-job training).

Note: While skill levels are described using formal education levels, some people use a combination of informal learning, on-the-job training and personal experience to achieve an equivalent level.

Licensing or registration requirements

Registration or licensing is required.

OSCA structure

Sales Workers (6)

Employment

On this page

    Industries

    Top 10 most common industries, 2021

    Insurance Agent Total employment
    Industry Share of occupation Industry Share of occupation
    Financial and Insurance Services 93.3% Health Care and Social Assistance 14.5%
    Other Services 1.6% Retail Trade 9.1%
    Professional, Scientific and Technical Services 1.1% Construction 8.9%
    Retail Trade 0.8% Education and Training 8.8%
    Public Administration and Safety 0.6% Professional, Scientific and Technical Services 7.8%
    Construction 0.3% Public Administration and Safety 6.6%
    Transport, Postal and Warehousing 0.3% Accommodation and Food Services 6.5%
    Administrative and Support Services 0.2% Manufacturing 5.9%
    Electricity, Gas, Water and Waste Services 0.2% Transport, Postal and Warehousing 4.5%
    Health Care and Social Assistance 0.2% Financial and Insurance Services 3.7%
    Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.

    States and territories

    Employment distribution by states and territories, 2021

    • New South Wales

      35.4%

    • Victoria

      26.6%

    • Queensland

      21.0%

    • South Australia

      6.6%

    • Tasmania

      1.1%

    • Northern Territory

      0.3%

    • Australian Capital Territory

      0.7%

    Insurance Agent Total employment
    State / Territory Employment Share of occupation Employment Share of occupation
    New South Wales 3,100 35.4% 3,684,200 30.6%
    Victoria 2,300 26.6% 3,162,900 26.2%
    Queensland 1,800 21.0% 2,444,100 20.3%
    South Australia 570 6.6% 839,400 7.0%
    Western Australia 720 8.3% 1,306,200 10.8%
    Tasmania 100 1.1% 254,700 2.1%
    Northern Territory 30 0.3% 107,000 0.9%
    Australian Capital Territory 60 0.7% 248,600 2.1%
    Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.

    Age and sex

    Employment distibution by age group and sex, 2021

    Insurance Agent

    Total employment

    Age group Insurance Agent Total employment
    15–24 years 7.4% 14.3%
    25–34 years 27.5% 22.7%
    35–44 years 28.7% 22.3%
    45–54 years 22.3% 20.4%
    55–64 years 11.6% 15.3%
    65–74 years 2.2% 4.3%
    75 years and over 0.3% 0.6%
    Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.
    Sex Insurance Agent Total employment
    Female 53.9% 48.5%
    Male 46.1% 51.5%
    Note: N/A values indicate data are not available due to confidentiality or data reliability requirements.

    On this page

      OSCA occupation profiles data

      This file contains data available from the OSCA Occupation Profile page.

      Use of this data must include the relevant attribution text provided.

      OSCA Occupation data - 2021 Census.xlsx

      xlsx 1236447

      Download

      Occupation Standard Classification for Australia (OSCA)

      Occupation Standard Classification for Australia (OSCA) is the skill-based classification used to categorise occupations across the Australian labour market. OSCA is used to define occupations across all official occupational statistics. OSCA replaces the Australian and New Zealand Standard Classification of Occupations (ANZSCO).

      Each job is classified to one, and only one, group of jobs at each level of the classification with no overlaps. This prevents the accidental double-counting of roles within the Australian labour market. For more information about OSCA, visit the What is OSCA information page, or the ABS website.

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