Insurance Broker

As an insurance broker, you act as an independent intermediary between clients and insurance companies, sourcing and negotiating the best possible cover for individuals and businesses. Your daily work involves assessing clients' needs, comparing policies from a range of insurers, providing tailored advice, and arranging cover for areas such as home, motor, health, commercial liability, and life insurance. You handle ongoing client relationships, process renewals, assist with claims, and ensure that all policies remain suitable as a client's circumstances change. You work closely with underwriters at insurance companies, claims handlers, and compliance officers, and you may deal with a wide range of clients from private households to large corporate organisations.

A Leaving Certificate with subjects such as Mathematics, Business, and Economics provides a strong foundation for entering this field. Most entrants pursue an NFQ Level 7 or Level 8 degree in Business, Finance, Insurance, or a related discipline at a technological university or university, such as TU Dublin's Bachelor of Business in Financial Services. The Insurance Institute of Ireland offers the Accredited Product Adviser (APA) and Certified Insurance Practitioner (CIP) qualifications, which are the key industry-recognised credentials required to advise clients and are closely linked to the Central Bank of Ireland's Minimum Competency Code. PLC courses in Business or Financial Services at a College of Further Education can provide a stepping stone into the industry, with candidates then working towards the APA or CIP while employed. Membership of Brokers Ireland is common for those working in broker firms, and continuing professional development (CPD) is mandatory to maintain your authorisation under Central Bank regulations.