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CAREERMASH (EN)FROM FINANCE & ACCOUNTING →

Brokers

Brokers buy and sell things for other people - from insurance and property to goods and services. They find out what their clients need, negotiate good deals on their behalf, and earn commission when a deal goes through. They need to know their market well and be able to persuade people to agree to fair terms.

Brokers

52

Finance & Accounting

AI IMPACT
AI EXPOSURE TODAY52
20-YEAR SCENARIO
NOT A FORECAST90%
THE DOOR · ENTRY DIFFICULTY TODAYC
STARTING PAY£25,000 - £30,000
MOAT NOT YET CLASSIFIEDA real score, but the moat is not yet classified. No claim either way.

THE DOOR: ENTRY DIFFICULTY TODAY, graded A (easy) to E (extremely hard). A Careermash rule-of-thumb index built from our AI exposure index and the job's moat class. It is not a forecast and not a count of job openings.

AI EXPOSURE TODAY is a Careermash index from 0 to 100 of how exposed this job's everyday tasks are to AI today. We estimate it by matching published research on how people use AI to this job, usually by keyword or subject area, and we lower it where the work is protected (for example by physical, personal or legal requirements). It is not a direct measurement of how much people in this job use AI.

AI exposure is high for this work
AI exposure today for this job is high on our index (52). We have not yet classified what, if anything, structurally protects it, so we make no claim either way about a moat. Learn the tools, and build the judgement that stays human.

The role

As a broker, you act as a middleman between buyers and sellers. Your client might need insurance, a business contract, property, or goods - and your job is to find them the best deal possible and negotiate on their behalf. You spend time researching the market, understanding what is available, and finding opportunities that match what your clients want. When you find a good match, you negotiate the price and terms until both sides agree.

Your day involves a mix of research, phone calls, emails, and meetings. You talk to clients to understand their needs, hunt for opportunities in the market, and then negotiate until everyone is happy. You build lasting relationships with regular clients and contacts in your industry, because trust and knowing people is how you find the best deals. You use computer systems to track market information and manage deals. The job is quick-paced and can be stressful when deals fall through, but it is satisfying when you get a good outcome for your client.

Daily responsibilities

  • Conduct market research to identify potential clients and opportunities.
  • Negotiate terms and conditions of contracts between buyers and sellers.
  • Manage client relationships, ensuring satisfaction and retention.
  • Prepare and present financial reports and forecasts to stakeholders.
  • Stay updated on market trends and regulatory changes affecting transactions.
  • Collaborate with other financial professionals to develop tailored solutions.
  • Utilise technology and software tools to streamline processes and communications.

Does a degree help here?

A UK degree, particularly in finance, economics, or business, provides a solid foundation and critical analytical skills that are highly valued in the brokering industry. Graduates from UK institutions are often preferred due to their rigorous training and understanding of the local market.