Skip navigation
Back

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
£21,536
£42,433
£85,668

New workers start around £21,536. Normal pay is £42,433 per year.
Highly experienced workers can earn up to £85,668.

Available jobs

In the past year there were 42,482 vacancies for this type of job

5.46%

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 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 investments.

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

  • Advises client on the suitability of 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.

  • Administrative Support

  • Finance

  • Invoicing

  • Financial Services

  • Sales Prospecting

  • Data Entry

  • Stock Checking

  • Customer Relationship Management

  • Marketing

  • Auditing

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.

  • Communication

  • Detail Oriented

  • Management

  • English Language

  • Administrative Functions

  • Customer Service

  • Organizational Skills

  • Mathematics

  • Filing

  • Microsoft Excel

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

See all

Economics with Foundation Year

Sheffield Hallam University

BSc (Hons) · 4 Years · Full-time including foundation year · Sheffield · 09/2024

Tariff points: 64/64

Professional Accountancy

University of Stirling

BA (Hons) · 3 Years · Full-time · Stirling · 09/09/2024

Tariff points: N/A

Accounting with Foundation Year

Birkbeck, University of London

BSc (Hons) · 4 Years · Full-time including foundation year · London · 10/2024

Tariff points: 48/48

Mathematics

University of Portsmouth

BSc (Hons) · 3 Years · Full-time · Portsmouth · 23/09/2024

Tariff points: 112/120

Business Economics (with Foundation Year)

Teesside University, Middlesbrough

BSc (Hons) · 4 Years · Full-time including foundation year · Middlesbrough · 16/09/2024

Tariff points: 32/64

Economics

University of Westminster, London

BSc (Hons) · 3 Years · Full-time · London · 16/09/2024

Tariff points: 112/112

Banking and Finance (with Foundation Year)

Bristol, University of the West of England

BSc (Hons) · 5 Years · Sandwich including foundation year · Bristol · 16/09/2024

Tariff points: 48/48

Financial Economics

University of Plymouth

BSc (Hons) · 1 Year · Full-time · Plymouth · 16/09/2024

Tariff points: N/A

Finance

Lancaster University

BSc (Hons) · 3 Years · Full-time · Lancaster · 10/2024

Tariff points: 128/128

Economics Extended Degree

Richmond American University London

BA (Hons) · 4 Years · Full-time · London · 09/2024

Tariff points: N/A

Accounting and Finance

University of Northampton

BSc (Hons) · 4 Years · Sandwich · Northampton · 16/09/2024

Tariff points: 120/120

Accounting and Finance

Durham University

BA (Hons) · 3 Years · Full-time · Durham · 30/09/2024

Tariff points: N/A

Economics

De Montfort University

BSc · 3 Years · Full-time · Leicester · 09/2024

Tariff points: 112/112

Business Accounting

Middlesex University

BSc (Hons) · 3 Years · Full-time · London · 09/2024

Tariff points: 112/112

Related careers

Finance and Investment Analysts and Advisers

Taxation Experts

Insurance Underwriters

Financial Accounts Managers

Data Analysts

Buyers and Procurement Officers

Finance Officers

Stock Control Clerks and Assistants

Call and Contact Centre Occupations

Customer Service Supervisors

Related industry guides

See all

Finance and accounting