Modification History
Release |
Comments |
Release 2 |
This version first released with FNS10 Financial Services Training Package version 5.0. Update imported units: BSBCUS301A to BSBCUS301B. Qualification outcomes remain unchanged. |
Release 1 |
This qualification first released with FNS10 Financial Services Training Package version 1.0. |
Description
This qualification reflects job roles requiring well-developed skills and a broad knowledge base in a wide variety of contexts within the personal injury management sector. It may involve supervision or leadership and guidance with some limited responsibility for the policy processing of others. Possible work functions may include:
- evaluating new underwriting business within a large organisation
- working as an underwriting agent
- coordinating new underwriting business
- managing an underwriting team
- settling policy payments and terminations
- assessing risk in relation to new business within policy guidelines
- negotiating terms and conditions with clients within policy guidelines
- leading and supporting a team
Pathways Information
Pathways into the qualification
The primary pathway into this qualification is employment in the personal injury management sector that may relate to job roles within:
- workplace injury insurance
- CTP insurance
Pathways from the qualification
A further learning pathway utilising qualifications such as FNS50110 Diploma of Personal Injury Management would support career progression.
Licensing/Regulatory Information
There is no direct link between this qualification and licensing, legislative and/or regulatory requirements. However, where required, a unit of competency will specify relevant licensing, legislative and/or regulatory requirements that impact on the unit.
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 SKILLS QUALIFICATION SUMMARY |
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Employability Skill |
Industry/enterprise requirements for this qualification include: |
Communication |
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Teamwork |
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Problem solving |
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Initiative and enterprise |
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Planning and organising |
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Self-management |
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Learning |
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Technology |
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Packaging Rules
13 units must be achieved.
4 core units
9 elective units
- at least 5 elective units of competency must be selected from the elective bank below
- a minimum of 2 electives must be selected from units aligned to Certificate IV qualifications in FNS10 Financial Services or another endorsed Training Package
- a maximum of 2 electives can be selected from units aligned to Diploma qualifications in any endorsed Training Package or accredited course
- a maximum of 2 electives can be selected from units aligned to Certificate III qualifications in any endorsed Training Package or accredited course.
Elective units must be relevant to the work outcome, local industry requirements and the qualification level.
Units selected from other Training Packages or accredited courses must not duplicate units selected from or available within the FNS10 Financial Services or BSB07 Business Services Training Packages.
Core units of competency:
- BSBCUS301B Deliver and monitor a service to customers
- FNSINC401A Apply principles of professional practice to work in the financial services industry
- FNSPIM303A Work within the personal injury management sector
- FNSPIM406A Develop and maintain knowledge of personal injury management insurance
Elective units of competency:
- BSBFLM303C Contribute to effective workplace relationships
- BSBMGT401A Show leadership in the workplace
- BSBRES401A Analyse and present research information
- BSBWOR404B Develop work priorities
- FNSCRD403A Manage and recover bad and doubtful debts
- FNSCUS402A Resolve disputes
- FNSISV401A Evaluate risk for new business
- FNSISV402A Underwrite new business
- FNSISV404A Underwrite renewal business
- FNSPIM403A Educate clients on personal injury management issues
- FNSPIM407A Register policy
- FNSPIM408A Renew and maintain policy
- FNSPIM410A Collect, assess and use information
- FNSPIM501A Develop a return to work and health strategy