Modification History
Release |
Comments |
Release 2 |
Advice relating to ASIC requirements removed from the qualification and reference made to the regulator and Regulatory advice held on the IBSA website. |
Release 1 |
This Qualification first released with FNS10 Financial Services Training Package version 2.0. Replaced BSBOHS303B Contribute to OHS hazard identification and risk with BSBOHS201A Participate in OHS processes. This is considered a more appropriate unit for this qualification. Replaces FNS30510 Certificate III in General Insurance. |
Description
This qualification reflects the job roles of employees in general insurance.
Possible work functions may include:
- processing and issuing policies
- processing and settling claims
- responding to customer enquiries and maintaining customer database.
Pathways Information
Pathways into the qualification
The primary pathway from this qualification is employment in a range of environments including:
- administration
- handling claims
- providing customer service at a branch, by telephone, teleclaims or online.
Pathways from the qualification
A further learning pathway utilising qualifications such as Certificate IV in General Insurance or a specialist insurance qualification would support career progression.
Licensing/Regulatory Information
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. You should refer to the IBSA website (www.ibsa.org.au under Training Packages/Industry) or the relevant regulator for specific guidance on requirements.
Entry Requirements
Not applicable.
Employability Skills Summary
The following table contains a summary of the employability skills required by industry for this qualification. The employability skills facets described here are broad industry requirements that may vary depending on qualification packaging options.
Employability Skill |
Industry/enterprise requirements for this qualification include: |
Communication |
|
Teamwork |
|
Problem Solving |
|
Initiative and Enterprise |
|
Planning and Organising |
|
Self-management |
|
Learning |
|
Technology |
|
Packaging Rules
13 units must be achieved.
5 core units
plus 8 elective units
3 elective unit must be selected from Group A .
A further 3 elective unit must be selected from Group A or B .
The remaining 2 elective units may be selected from the elective units listed below, any endorsed Training Package or accredited course. Elective units may be selected from a Certificate III or Certificate IV qualification.
Elective units must be relevant to the work outcomes, local industry requirements and the qualification level.
Core units of competency:
FNSINC301A Work effectively in the financial services industry
FNSINC402A Develop and maintain in-depth knowledge of products and services used by an organisation or sector
BSBOHS201A Participate in OHS processes
BSBWOR203A Work effectively with others
BSBWOR204A Use business technology
Elective units of competency:
Group A (Insurance services)
FNSISV301A Evaluate risk for renewal business
FNSISV302A Process alteration to insurance policy
FNSISV303A Issue contract of insurance
FNSISV304A Issue renewal advice
FNSISV305A Issue cancellation advice
FNSISV306A Receive and record or register a claim
FNSISV307A Follow organisation procedures to process claim
FNSISV308A Process facultative and treaty reinsurance claim
FNSISV309A Settle claims
FNSISV310A Process claims payments
Group B
ASIC
FNSASIC301C Establish client relationship and analyse needs
FNSASIC302C Develop, present and negotiate client solutions
FNSASIC304A Provide Tier 2 general advice in general insurance
FNSASIC305A Provide Tier 2 personal advice in general insurance
General
FNSSAM301A Identify opportunities for cross-selling products and services
FNSIAD301A Provide general advice on financial products and services
BSBCCO201A Action customer contact
BSBCMM301A Process customer complaints
BSBRKG304B Maintain business records