552311-Bookmaker˜

ANZSCO code: 
552311
Job Title: 

Bookmaker˜

Job Description: 

Determines risk, offers odds and accepts bets on the outcome of racing and other events. Registration or licensing is required.
This occupation is illegal in New Zealand.

Tasks: 
  • obtaining information on the form of competitors by research, attending race trials and liaising with contacts
  • offering and varying odds on competitors after considering the type of event, handicaps, weather conditions and odds offered by other Bookmakers
  • processing insurance applications, adjustments to insurance cover, standard endorsements and insurance claims
  • monitoring balances of accounts and summarising reinsurance to determine outstanding risk
  • surveying potential risk exposure
  • despatching notices of premiums due and forms concerning conservation and transfer of insurance
  • reviewing, checking, verifying and issuing transaction documentation for securities
  • claiming accruing dividends and processing dividend payments
  • compiling statistics from financial records, survey returns and other data sources, and verifying the authenticity of the material
  • operating computers to input, manipulate and output information
  • compiling results of calculations into tables, graphs and charts to be used in analysis
  • may work in a call centre
Job Group: 

4

Skills: 

Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.

In Australia

AQF Certificate II or III (ANZSCO Skill Level 4)

In New Zealand

NZ Register Level 2 or 3 qualification (ANZSCO Skill Level 4)
At least one year of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
Registration or licensing may be required.

International Careers(ISCO): 
Source Of Info: 

Reference Australian Bureau of Statistics
1220.0 - ANZSCO -- Australian and New Zealand Standard Classification of Occupations, 2013, Version 1.717