Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSIBK510A Mapping and Delivery Guide
Assess and negotiate complex risk portfolio for broking client at renewal
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSIBK510A - Assess and negotiate complex risk portfolio for broking client at renewal |
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Description | This unit describes the performance outcomes, skills and knowledge required to identify and assess risks involved with a complex insurance portfolio, and negotiate insurance changes/renewals. It may be applied where there are changes to the market conditions requiring a reassessment of an existing portfolio at renewal.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 applies to insurance broking roles and 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 | |||
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: Determine needs of client with complex risk portfolio |
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Element: Identify changes to insurance program |
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Element: Negotiate complex renewals with insurers |
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Element: Obtain client instructions for renewal |
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