Average Annual Pay
Annual Survey of Hours and Earning 2017
Average Weekly Hours
Annual Survey of Hours and Earning 2015
Labour Force Survey 2018
Future employment projections (Working Futures UK)
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.
QualificationsThere are no formal academic requirements although many employers require entrants to possess a degree or equivalent qualification. Training is typically undertaken in-house, although entrants may attend courses run by professional institutions. Registration with a regulatory authority may be required in some positions.
- advises client on the suitability of particular insurance schemes and places insurance on behalf of client;
- discusses buying and or selling requirements of client and gives advice accordingly;
- analyses information concerning market trends for commodities, financial assets and foreign exchange and advises client and employer on the suitability of a particular investment;
- records and transmits buy and sell orders for stocks, shares and bonds and calculates transaction costs;
- provides independent advice on the suitability of insurance schemes and places insurance on behalf of client;
- 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;
- obtains cargo space, fixes freight charges and signs and issues bills of loading;
- collects freight charges from client and undertakes all necessary formalities concerning customs and the loading/unloading of cargo.
Common job titles
Destination of Leavers survey, supplied by the Higher Education Statistics.