- 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.
Typical Education Level
Honours, Bachelor's degree
Will retirement created job openings
In the UK, 7% in this profession are aged 55 or above.* They will likely retire in the next 10 years, creating a demand for new workers
*This is based on national data
Average annual earnings
The current average wage for broker is £54,659
The number of jobs in the career for the current year is 1,663. Job counts include both employed and self-employed persons, and do not distinguish between full- and part-time jobs.
Over the past year, jobs have been posted for broker roles.
How well does it pay?
Normal pay for this occupation is £54,659 per year. That is about £4,555 per month or £28.03 per hour. New workers generally start on £28,558, while highly experienced workers can earn as much as £107,120
Is it growing or declining?
This career has remained the same over the last 2 years, and is expected to remain the same over the next 4 years. Currently, 1,663 people are employed in the region.