Insurance, Money Market and Statistical Clerks
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.
- The Job
- The Facts
- Related Courses
What the job involves
- 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
Key values of workers in Insurance, Money Market and Statistical Clerks
Support
Occupations that satisfy this work value offer supportive management that stands behind employees. Corresponding needs are Company Policies, Supervision: Human Relations and Supervision: Technical.
Independence
Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.
Achievement
Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.
Working Conditions
Occupations that satisfy this work value offer job security and good working conditions. Corresponding needs are Activity, Compensation, Independence, Security, Variety and Working Conditions.
Recognition
Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.
Top skills required for workers in Insurance, Money Market and Statistical Clerks
Time Management
Managing one's own time and the time of others.
Speaking
Talking to others to convey information effectively.
Active Listening
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Critical Thinking
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
Writing
Communicating effectively in writing as appropriate for the needs of the audience.