Assessor Resource

FNSISV306
Receive and record or register a claim

Assessment tool

Version 1.0
Issue Date: May 2024


This unit describes the skills and knowledge required to receive and record or register claims, including gathering the information, initial estimation and entering the claim into organisational records.

It applies to individuals who work in job roles involving insurance claims in a range of insurance sectors and may be applied within organisations of various sizes and across a range of customer bases.

Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.

You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)



Evidence Required

List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Receive notification of claim

1.1 Advise customer of claims procedure

1.2 Give customer comprehensive information on organisation’s claims procedure, how to make a claim and send any forms required for claim to customer

1.3 Answer customer queries clearly and accurately

2. Receive claim

2.1 Check new claims advice to verify correct policy detail

2.2 Check claims records to ensure that claim has not been registered previously

3. Record or register claim

3.1 Accurately enter claims data and register claims in accordance with organisational procedures and level of authority

3.2 Notify government authorities in correct format, where necessary

4. Estimate claims reserve, including reinsurance as appropriate

4.1 Calculate or estimate where appropriate the preliminary reserve according to organisational reserving policy

4.2 For a routine claim, make a determination on acceptance or referral of claim in accordance with organisational policy and procedures

4.3 Identify need for internal or external service providers, if appropriate

4.4 Check policy for reinsurance details, if applicable

4.5 Advise reinsurers of potential claim, if applicable, by raising reinsurance advice

4.6 Report potential impact of claim on premium as required

5. Create claim files or add information to existing files

5.1 File correspondence in correct claims files and allocate to relevant claims operatives

5.2 Refer all missing information, abnormalities or classification uncertainties according to organisational policy

5.3 Enter appropriate date into diary system, where necessary

5.4 Complete all information accurately and clearly, and in accordance with legislative and organisational requirements

5.5 File or refer completed documentation for processing if appropriate

Evidence of the ability to:

obtain claim information from customer and check details

record claims following relevant organisational operating procedures, legislative requirements and industry codes of practice

prepare claim costing and confirm its compliance with policies and procedures

complete documentation and data entry, ensuring accuracy, attention to detail and thorough checking

communicate outcome of claims with customer and others as appropriate

record and file relevant documentation and information.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

To complete the unit requirements safely and effectively, the individual must:

explain the information technology and communications systems used in processing insurance claims

explain the wording of insurance policies in terms of organisational and departmental policy, procedures and authorities

explain the purpose, principles and methods of filing documentation

identify and describe the organisation’s insurance products available to customers, including any conditions and terms of reinsurance

outline relevant legislation, regulations, organisational policy and procedures for underwriting and levels of authority

explain the basics of reinsurance with respect to claims.

Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the insurance services field of work and include access to:

organisational records

organisational policy, procedures, legislation and regulations as they relate to contracts of insurance

a range of common technology and software

an appropriate work environment and conditions.

Assessors must satisfy NVR/AQTF assessor requirements.


Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)


Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Receive notification of claim

1.1 Advise customer of claims procedure

1.2 Give customer comprehensive information on organisation’s claims procedure, how to make a claim and send any forms required for claim to customer

1.3 Answer customer queries clearly and accurately

2. Receive claim

2.1 Check new claims advice to verify correct policy detail

2.2 Check claims records to ensure that claim has not been registered previously

3. Record or register claim

3.1 Accurately enter claims data and register claims in accordance with organisational procedures and level of authority

3.2 Notify government authorities in correct format, where necessary

4. Estimate claims reserve, including reinsurance as appropriate

4.1 Calculate or estimate where appropriate the preliminary reserve according to organisational reserving policy

4.2 For a routine claim, make a determination on acceptance or referral of claim in accordance with organisational policy and procedures

4.3 Identify need for internal or external service providers, if appropriate

4.4 Check policy for reinsurance details, if applicable

4.5 Advise reinsurers of potential claim, if applicable, by raising reinsurance advice

4.6 Report potential impact of claim on premium as required

5. Create claim files or add information to existing files

5.1 File correspondence in correct claims files and allocate to relevant claims operatives

5.2 Refer all missing information, abnormalities or classification uncertainties according to organisational policy

5.3 Enter appropriate date into diary system, where necessary

5.4 Complete all information accurately and clearly, and in accordance with legislative and organisational requirements

5.5 File or refer completed documentation for processing if appropriate

Evidence of the ability to:

obtain claim information from customer and check details

record claims following relevant organisational operating procedures, legislative requirements and industry codes of practice

prepare claim costing and confirm its compliance with policies and procedures

complete documentation and data entry, ensuring accuracy, attention to detail and thorough checking

communicate outcome of claims with customer and others as appropriate

record and file relevant documentation and information.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

To complete the unit requirements safely and effectively, the individual must:

explain the information technology and communications systems used in processing insurance claims

explain the wording of insurance policies in terms of organisational and departmental policy, procedures and authorities

explain the purpose, principles and methods of filing documentation

identify and describe the organisation’s insurance products available to customers, including any conditions and terms of reinsurance

outline relevant legislation, regulations, organisational policy and procedures for underwriting and levels of authority

explain the basics of reinsurance with respect to claims.

Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the insurance services field of work and include access to:

organisational records

organisational policy, procedures, legislation and regulations as they relate to contracts of insurance

a range of common technology and software

an appropriate work environment and conditions.

Assessors must satisfy NVR/AQTF assessor requirements.

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Advise customer of claims procedure 
Give customer comprehensive information on organisation’s claims procedure, how to make a claim and send any forms required for claim to customer 
Answer customer queries clearly and accurately 
Check new claims advice to verify correct policy detail 
Check claims records to ensure that claim has not been registered previously 
Accurately enter claims data and register claims in accordance with organisational procedures and level of authority 
Notify government authorities in correct format, where necessary 
Calculate or estimate where appropriate the preliminary reserve according to organisational reserving policy 
For a routine claim, make a determination on acceptance or referral of claim in accordance with organisational policy and procedures 
Identify need for internal or external service providers, if appropriate 
Check policy for reinsurance details, if applicable 
Advise reinsurers of potential claim, if applicable, by raising reinsurance advice 
Report potential impact of claim on premium as required 
File correspondence in correct claims files and allocate to relevant claims operatives 
Refer all missing information, abnormalities or classification uncertainties according to organisational policy 
Enter appropriate date into diary system, where necessary 
Complete all information accurately and clearly, and in accordance with legislative and organisational requirements 
File or refer completed documentation for processing if appropriate 

Forms

Assessment Cover Sheet

FNSISV306 - Receive and record or register a claim
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:


Assessment Record Sheet

FNSISV306 - Receive and record or register a claim

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: