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- Version:
- NOC 2021 Version 1.0
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10020 – 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.
Profile
Example titles
- 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
Inclusions
- Real estate developer
Main duties
This group performs 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 properties 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 and 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 securities and investment industries, a recognized financial designation may be required (CFA, CFP, CIM or others).
- In the insurance industry, a recognized professional designation is usually required.
Additional information
- Progression to senior management positions is possible with experience.
- There is no mobility between the different types of managers in this unit group.
Exclusions
Breakdown summary
- Broad occupational category
- 1 – Business, finance and administration occupations
- TEER
- 0 – Management occupations
- Major group
- 10 – Specialized middle management occupations in administrative services, financial and business services and communication (except broadcasting)
- Sub-major group
- 100 – Specialized middle management occupations in administrative services, financial and business services and communication (except broadcasting)
- Minor group
- 1002 – Managers in financial and business services
- Version
- NOC 2021 Version 1.0