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Brokers

Brokers deal in commodities, stocks, shares and foreign exchange on behalf of clients or on own account, broker insurance and reinsurance, and buy and sell shipping and freight space.

Wages

New workers
AVERAGE
Experienced
£ 14,869
£ 54,737
£ 104,220

New workers start around £14,869. Normal pay is £54,737 per year. Highly experienced workers can earn up to £104,220.

Available jobs

In the past year there were 39,686 vacancies for this type of job

3.40%

Projected job growth over the next 8 years

Related courses

People work towards these careers by taking these courses at college and uni.

What they do most days?

  • Collects freight charges from client and undertakes all necessary formalities concerning customs and the loading/unloading of cargo.

  • Obtains cargo space, fixes freight charges and signs and issues bills of loading.

  • Arranges for the production of auction catalogues, fixes reserve prices, attends auction and bids on behalf of client, or negotiates purchase/sale by private treaty of goods not sold at auction.

  • Provides independent advice on the suitability of insurance schemes and places insurance on behalf of client.

  • Records and transmits buy and sell orders for stocks, shares and bonds and calculates transaction costs.

  • Analyses information concerning market trends for commodities, financial assets and foreign exchange and advises client and employer on the suitability of a particular investment.

  • Discusses buying and or selling requirements of client and gives advice accordingly.

  • Advises client on the suitability of particular insurance schemes and places insurance on behalf of client.

Hard Skills

Hard skills are specific, learnable, measurable, often industry or occupation-specific abilities related to a position.

Skills are ranked based on the number of job adverts that list them as required skills.

  • Finance

  • Risk Management

  • Trading Strategy

  • Derivatives

  • Python (Programming Language)

  • Carpentry

  • Equities

  • Financial Market

  • Investments

  • Marketing

Soft Skills

Soft skills can be self-taught and usually do not necessitate a certain completed level of education.

Skills are ranked based on the number of job adverts that list them as required skills.

  • Communications

  • Sales

  • Management

  • Detail Oriented

  • Customer Service

  • Research

  • Operations

  • Self-Motivation

  • Mathematics

  • Interpersonal Communications

How do I get a job like this?

People in these types of job started their career paths after studying courses like the ones below.

Routes to this career

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