Insurance, real estate and financial brokerage managers (NOC 0121)

In general, insurance, real estate and financial brokerage managers:

• Promote business development
• Ensure performance goals are met
• Make sure all related laws, regulations and standards are followed
• Hire, train and manage staff

Specifically:

• Insurance managers oversee organizations that provide insurance services
• Real estate managers run operations that buy, sell and lease residential and commercial property
• Mortgage broker managers manage businesses that find lenders for clients seeking home loans
• Financial brokerage managers direct companies or departments that buy and sell stocks, bonds and other investments, and manage the investments of their own clients

Insurance, real estate and financial brokerage managers usually work for insurance companies, real estate firms, stockbrokers, investment dealers or financial institutions like banks or credit unions.

Most of this work takes place in a structured office setting. But with new technology, parts of the job can now be done remotely.

Employers seeking insurance, real estate and financial brokerage managers often prefer to hire from within the company.

The role of financial brokerage managers is growing. In addition to their traditional duties, they also oversee and manage private bankers who provide loans to their clients.