The document discusses the various opportunities and benefits of pursuing a career in the insurance industry, highlighting its diverse roles, critical importance to society, and positive recommendations from young professionals. It emphasizes the range of entry-level roles and educational pathways available, as well as the supportive community provided by the National Insurance Brokers Association (NIBA). Overall, working in insurance is presented as a rewarding career choice that combines problem-solving, relationship building, and financial incentives.

2. Presented by Tim Wedlock, President, National Insurance Brokers Association
Rebecca Wilson, Vice Chairperson, National Insurance Brokers Association,
NSW Divisional Committee
WORKING IN
INSURANCE

3. CYBER VIDEO
https://www.youtube.com/watch?v=lc7scxvKQOo

4. OVERVIEW
• Insurance as a professional career
• What insurance is and how it helps to protect people,
businesses and the community
• The benefits of working in insurance
• Opportunities
• “Find a Fit” – Insurance is diverse
• What young people have to say
• Career & Education pathways
• School Career Expos

5. MOST THINGS IN LIFE NEED INSURANCE
• Insurance helps people, families, businesses,
communities & economies
• Different types of insurance – Identification of insurance
needs & risk management
• Insurance evolves around the world
• No limitations

6. IT’S A HUGE INDUSTRY

7. INSURANCE IS THE FOUNDATION THAT HELPS BUILD
THE WORLD AROUND US.

8. FIND A FIT
As one of the biggest, most diverse industries in the world, insurance has more
roles than you’d imagine.
 Claims
 Contact Centre
& Customer
Service
 Loss Adjusting
 Human
Resources
 Actuarial
 Accounting &
Finance
 Legal &
Compliance
 Risk Surveying
 Loss Adjusting
 Risk Management
 Accounting &
Finance
 Legal &
Compliance
 Broking
 Business
Development
 Marketing &
Communications
 Human Resources
 Broking
 Information
Technology
 Risk Management
 Risk Surveying
 Underwriting &
Pricing
 Underwriting &
Pricing
 Executive
Management
 Product
Development
 Actuarial
 Marketing &
Communications

9. WHY WORK IN INSURANCE?
1. Global – opportunities to work
2. Diverse – hundreds of different jobs (it’s for everyone)
3. Critical – it helps the world to function
4. About people – helps people know what they need and
get back on their feet
5. Challenging – you get to solve problems
6. Earn money and get paid to learn
7. You get paid well
8. Young people love working in insurance - 86.7%
recommend it as a great place to work

10. WORKING IN INSURANCE
“It’s a great industry to be in if you like to get to know people. I do think because insurance is so broad,
there’s so many different areas within it, anyone with any skill set could actually find something they enjoy.”
- Shweta Nimkar joined JLT Qld as a graduate three and a half years ago
“So many of the people I work with, from all different levels of authority, are quite happy to sit down
and explain concepts to me.”
- Brittany Markey, a Steadfast graduate, follows in her family’s footsteps
“The most surprising thing for me was how much importance is placed on, not just technical
knowledge, but also the ability to form and maintain really strong relationships.”
- Alex Rivas joined Aon’s graduate program in Melbourne this year
“The perception of insurance broking being an unexciting career is a huge misconception.”
- Luke Costello joined JLT Adelaide as a graduate this year

11. YP VIDEO
https://www.youtube.com/watch?v=yp3hASLLgkI

12. CAREERS IN BROKING

13. INSURANCE BROKING CAREERS OFFER
1. Work variety
2. Networking with others for business and fun
3. Opportunities to study
4. Great pay
5. Opportunities within Australia and overseas
6. Quick progression – no age barrier

14. EDUCATIONAL PATHWAYS
Industry-specific education
• There is a range of qualifications that young professionals can obtain. Most
employers will pay for these once you have started your job.
Tertiary education – university
• Some universities incorporate insurance and risk management courses
within business qualifications
• University degrees also provide great knowledge and tactical skills that you
can apply when advising customers on insurance products and providing
advice

15. MOVING INTO BROKING FROM SCHOOL OR UNIVERSITY

16. MOVING INTO BROKING FROM SCHOOL OR UNIVERSITY
• Many varied entry-level roles available however few formal graduate
programs
• Diversity of opportunities for graduates in this fast-paced, constantly
changing and challenging sector
• Opportunities for new entrants to work closely with CEOs and other senior
decision makers than other area of the financial services industry
• Working hard in broking = significant financial rewards
• Supportive profession – mentor program

17. PROFESSIONAL EDUCATION
Graduates can enter the workforce from school or university – and learn while
they earn.

18. COMMUNITY OF SUPPORT
National Insurance Brokers Association (NIBA) provides:
• Opportunities to build professional networks that will last a lifetime – social
and professional events
• Scholarships and awards
• Ongoing learning opportunities to support your professional development
• Young professionals mentoring programs that provides new entrants with
the opportunity to be coached by senior executives in the industry.

20. FROM THE GROUND UP - VIDEO
https://www.youtube.com/watch?time_continue=4&v=9SFMEhix9iQ

21. QUESTIONS?
Come visit us at Table 44 or contact us
with any questions at:
careersininsurance@niba.com.au
www.careersininsurance.com.au