Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSIBK606A Mapping and Delivery Guide
Manage compliance requirements for an insurance broking business
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSIBK606A - Manage compliance requirements for an insurance broking business |
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Description | This unit describes the performance outcomes, skills and knowledge required to manage the implementation of compliance practices, procedures and systems within an insurance broking business. It encompasses ensuring that the relevant statutory and regulatory requirements are identified and complied with.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: Identify compliance requirements |
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Element: Evaluate compliance factors and determine risk assessment |
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Element: Establish compliance strategies |
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Element: Establish resource requirements for compliance purposes |
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Element: Implement and maintain compliance systems |
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Element: Ensure statutory reporting requirements are met |
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