Becoming a broker: our complete 2020 guide

The brokerage profession encompasses several business sectors: insurance, finance and real estate. The role of a broker is to guide customers towards the commercial offer best suited to their needs. Their day-to-day work revolves around the following tasks:

• Propose contracts that are best suited to their customers' wishes and requirements. To do this, the broker must have a thorough understanding of the sector in question, and the products and services on offer.
• Negotiate contracts at the best price for customers
• Assist customers in signing various documents and contracts with insurers

What training do you need to become a broker?

There are many paths to the broker profession. The skills required vary according to the sector of activity.

Would you like to become an insurance broker ? You must be able to prove that you have Level I - IAS (Intermédiaires en assurances) professional qualifications.

There are several ways to obtain it:

• Take a 150-hour training course at a credit institution, with a training organization, or with the broker himself.
• Proof of professional experience in capitalization management in an insurance or insurance contract company. Minimum 2 years for an executive, 4 years for a non-executive.
• Master's or Bachelor's degree, with a specialization in Finance, Banking and Insurance.

Are you interested in a career in real estate brokerage ?

You must meet the following conditions:

• A 2-year university degree is required.
• Training at a specialized institution such as IFIB, IFCM or ENFI.
• If you wish to work on your own, you will need to complete 150 hours of professional training.

All categories of broker must register with ORIAS (Organisme pour le Registre des Intermédiaires en Assurance). Future brokers are required to provide proof of at least 1.5 million euros in coverage per claim, and 2 million euros per year.

Each broker must renew his registration with this organization every year. The cost of this subscription is €25.

The registration file must include the following documents:

• Kbis extract
• Professional liability insurance
• A financial guarantee certificate
• Proof of professional competence
• Criminal record extract

Why become an independent broker?

A distinction is made between independent brokers and salaried brokers. Today, self-employed status is particularly attractive, for simple reasons:

• Entrepreneurs find flexibility and versatility in this form of work, which meets the demands of many of today's workers!
• Self-employment is encouraged by the public authorities: micro-entrepreneurs, and people working as SARLs or EURLs benefit from more flexible procedures for setting up, managing and winding up their businesses, compared with other types of status.

Why is direct debit the best choice for brokers?

A fundamental step in the creation of your brokerage company is the definition of your head office address.

Many brokers opt for company domiciliation. This service makes it possible to distinguish between the address of your head office and your actual place of business. Take advantage of a wide range of addresses in prestigious areas of Paris and other major French cities!

In this way, you'll reinforce the credibility of your business with your customers.

This domiciliation offer is accompanied by a full range of services designed to lighten your day-to-day workload: meeting rooms available to receive your customers, digital mail management, legal and administrative assistance, etc.

This way, you can relieve your daily routine of time-consuming tasks and concentrate on your core business: growing your business and advising your customers!

With SeDomicilier, you can benefit from the best domiciliation offer: obtain a certificate of domiciliation in less than 5 minutes, 100% online, and find all your services in a secure, personalized virtual office!