# Competences — insurance broker

Source: ESCO v1.2.1 occupation-skill relations (http://data.europa.eu/esco/occupation/a198de8c-24b1-4002-982f-a57ae6d6c19c).

## Essential

- **actuarial science** (knowledge)
- **advise on financial matters** (skill/competence)
- **analyse insurance needs** (skill/competence)
- **apply technical communication skills** (skill/competence)
- **calculate insurance rate** (skill/competence)
- **claims procedures** (knowledge)
- **compare insurance products** (skill/competence)
- **create insurance policies** (skill/competence)
- **handle financial transactions** (skill/competence)
- **inform on insurance products** (skill/competence)
- **insurance law** (knowledge)
- **insurance market** (knowledge)
- **principles of insurance** (knowledge)
- **prospect new customers** (skill/competence)
- **protect client interests** (skill/competence)
- **sales promotion techniques** (knowledge)
- **sell insurance** (skill/competence)
- **types of insurance** (knowledge)

## Optional

- analyse claim files (skill/competence)
- analyse insurance risk (skill/competence)
- apply statistical analysis techniques (skill/competence)
- build business relationships (skill/competence)
- contract law (knowledge)
- create cooperation modalities (skill/competence)
- customer service (knowledge)
- decide on insurance applications (skill/competence)
- deliver visual presentation of data (skill/competence)
- develop investment portfolio (skill/competence)
- file claims with insurance companies (skill/competence)
- financial products (knowledge)
- identify clients' needs (skill/competence)
- initiate claim file (skill/competence)
- maintain records of financial transactions (skill/competence)
- maintain relationship with customers (skill/competence)
- manage claim files (skill/competence)
- manage claims process (skill/competence)
- manage contract disputes (skill/competence)
- manage contracts (skill/competence)
- modern portfolio theory (knowledge)
- monitor legislation developments (skill/competence)
- organise a damage assessment (skill/competence)
- promote financial products (skill/competence)
- provide cost benefit analysis reports (skill/competence)
- social security law (knowledge)
- tax legislation (knowledge)
- use data processing techniques (skill/competence)