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Career pathway

Insurance, Money Market and Statistical Clerks

ANZSCO 5523

Employed

41,200

Part-time share

19%

Female share

75%

Median weekly earnings

$1,501

Median age

40 yrs

Employment outlook

Growing

Source: Jobs and Skills Australia · ABS 2021 Census of Population and Housing.

About this career

Insurance, Money Market and Statistical Clerks prepare and check documentation associated with insurance, maintain records of securities transactions and registrations, offer odds and accept bets, and compile data and undertake statistical and actuarial computations.

What they typically do

  • Obtaining information on the form of competitors by research, attending racing trials and liaising with contacts
  • Offering and varying odds on competitors after considering the type of event, handicaps, weather conditions and odds offered by other bookmakers
  • Processing insurance applications, adjustments to insurance cover, standard endorsements and insurance claims
  • Monitoring balances of accounts and summarising reinsurance to determine outstanding risk
  • Surveying potential risk exposure
  • Despatching notices of premiums due and forms concerning conservation and transfer of insurance
  • Reviewing, checking, verifying and issuing transaction documentation for securities
  • Claiming accruing dividends and processing dividend payments
  • Compiling statistics from financial records, survey returns and other data sources, and verifying the authenticity of the material
  • Operating computers to input, manipulate and output information
  • Compiling results of calculations into tables, graphs and charts to be used in analysis
  • May work in a call centre

States and territories

Share of workers by location

NSW
38.1%
VIC
24.3%
QLD
20.9%
SA
6.9%
WA
6.7%
TAS
1.4%
ACT
1.2%
NT
0.5%

Qualification pathways

These accredited qualifications can lead to a career as an Insurance, Money Market and Statistical Clerks.