National Occupational Classification (NOC) 2011

A

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0121 - Insurance, real estate and financial brokerage managers

Insurance, real estate and financial brokerage managers plan, organize, direct, control and evaluate the activities of departments or establishments that provide insurance, mortgage, real estate and investment services. They are generally responsible for business development and must ensure that their group reaches performance levels related to established objectives. They are employed by insurance companies, real estate firms, stockbrokers, investment dealers, mortgage brokers and security and commodity exchanges.

  • Illustrative example(s)

    • bond sales manager
    • brokerage manager - investments
    • commodities trading manager
    • financial brokerage manager
    • insurance claims service manager
    • insurance manager
    • investment manager - financial brokerage
    • mortgage broker manager
    • real estate service manager
    • securities sales director
    • trading floor manager

    All examples

  • Exclusion(s)

    • Advertising, marketing and public relations managers (0124)
    • Banking, credit and other investment managers (0122)
    • Financial managers (0111)
    • Other business services managers (0125)
    • Senior managers - financial, communications and other business services (0013)
  • Main duties

    Insurance, real estate and financial brokerage managers perform some or all of the following duties:

    • Insurance managers plan, organize, direct, control and evaluate the operations of an establishment or department that provides automobile, fire, life, property or other types of insurance services.
    • Real estate service managers plan, organize, direct, control and evaluate the operations of an establishment or department that buys, sells and leases residential and commercial property for clients.
    • Mortgage broker managers plan, organize, direct, control and evaluate the operations of an establishment or department that finds lenders or lending institutions on behalf of clients seeking a mortgage.
    • Securities managers plan, organize, direct, control and evaluate the operation of an establishment or department that buys and sells stocks, bonds and other forms of investments on behalf of individual or institutional clients; manage the investments of their own clients.
  • Employment requirements

    • A university degree or college diploma in business administration, economics or other related field is usually required.
    • Several years of experience within the appropriate industry are usually required.
    • Licensure appropriate to the service sold, such as real estate, mortgage, securities or insurance, may be required.
    • In the insurance industry, a recognized professional designation is usually required.
  • Additional information

    • There is no mobility between the different types of managers in this unit group.
    • Progression to senior management positions is possible with experience.
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