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.
A Certificate II or III, or at least 1 year of relevant experience, is usually needed to work in this job. Around one in four workers have a university degree. Even with a qualification, sometimes experience or on-the-job training is necessary. Registration or licensing may be required.
- 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
- Insurance Consultant
- Money Market Clerk
- Statistical Clerk
Determines risk, offers odds and accepts bets on the outcome of racing and other events. Registration or licensing is required.
Insurance Consultant (also called Insurance Clerk)
Prepares and checks documentation associated with insurance. May work in a call centre.
Specialisations: Health Insurance Assessor, Superannuation Clerk
Money Market Clerk (also called Scrip Clerk (Stockbroking), or Securities Clerk)
Processes documentation and maintains records of securities transactions and registrations.
Compiles data and undertakes statistical and actuarial computations.
Specialisations: Actuarial Clerk