Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSIBK506A Mapping and Delivery Guide
Monitor broking clients
Version 1.0
Issue Date: June 2024
Qualification | - |
Unit of Competency | FNSIBK506A - Monitor broking clients |
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Description | This unit involves the broker in establishing an ongoing risk monitoring process with new broking clients.This unit is applicable to individuals working within enterprises and job roles subject to licensing, legislative, regulatory or certification requirements including legislation administered by the Australian Securities and Investments Commission (ASIC). | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | This unit requires the application of specific brokerage service standards, usually every 3 to 6 months, to monitor changes not only in the client's risk situation but also in insurance products and markets that may negatively and positively impact the client.These protocols include researching client data to determine the level of broker-client contact and monitoring required.The unit may be applied within organisations of various sizes and across a range of customer bases. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | FNSIBK508A Implement changes to broking client's insurance program | ||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Establish communication protocols with client |
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Element: Identify and review information |
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Element: Review client's business needs |
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