FNS51220 - Diploma of Insurance Broking
This short course covers the knowledge and skills, required to meet ASIC RG146 Tier 1 Insurance Broking.
Designed for advisers handling SME Business in a general insurance broking environment, this course is broken down into three (3) learning modules. Exemptions may apply to some of these modules if recognition of prior learning has been assessed through gap assessment test or provision of validated Tier 1 certificate.
Learning modules include:
The assessment process for this short course will include:
This module includes the following units of competency:
FNSIBK416 | Deliver professional insurance broking services |
FNSIBK518 | Implement changes to insurance programs of broking clients |
FNSIBK523 | Prepare submissions for new insurance broking business |
FNSINC412 | Apply and maintain knowledge of financial products and services |
FNSIBK415 | Meet compliance requirements relating to insurance broking |
FNSASICY513 | Provide advice in Insurance Broking |
This module covers the knowledge and skills required to develop client relationships, manage complex renewals and changes to insurance portfolios.
The assessment process for this module will include:
This module covers the following units of competency:
FNSIBK525 | Monitor insurance broking client programs |
FNSIBK524 | Manage complex risk portfolio for insurance broking clients |
This module provides an overview of the handling processes relating to insurance claims and the management processes for claims in an insurance broking environment.
This module covers the following units of competency:
FNSIBK522 | Negotiate complex claims settlement for insurance broking client |
FNSISV405 | Analyse insurance claims |
FNSISV408 | Manage handling and settlement of routine insurance claims for retail clients |