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Follow the links below to find material targeted to the unit's elements, performance criteria, required skills and knowledge

Elements and Performance Criteria

  1. Obtain confirmation of interim cover
  2. Confirm insurance cover with client
  3. Complete required documentation
  4. Remit premium to insurers
  5. Update relevant files and records
  6. Provide ongoing service where requested by client

Required Skills

Required skills

communication skills to

determine and confirm information using questioning and active listening techniques

liaise with others share information listen and understand

use language and concepts appropriate to cultural differences

numeracy and IT skills to

perform calculations related to achieving required outcomes

use computer applications word processing spreadsheet database specific purpose computer systems to assist in achieving required outcomes

access and update records electronically

access webbased information services

literacy skills to

read and interpret documentation from a variety of sources and record and consolidate relevant related information

interpret administration methods and coordinate delivery of documentation

research and analysis skills for accessing and interpreting relevant information

interpersonal skills

organisational skills including the ability to plan and sequence work

Required knowledge

organisation policy procedures and authorities

industry compliance requirements

Evidence Required

The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria required skills and knowledge range statement and the Assessment Guidelines for the Training Package

Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit

Evidence of the ability to

follow required procedures

Context of and specific resources for assessment

Assessment must ensure

competency is demonstrated in the context of the work environment and conditions specified in the range statement either in a relevant workplace or a closely simulated work environment

access to and the use of a range of common office equipment technology software and consumables

access to organisation records

access to organisational policies and procedures

Method of assessment

A range of assessment methods should be used to assess practical skills and knowledge The following examples in combination are appropriate for this unit

evaluating an integrated activity which combines the elements of competency for the unit or a cluster of related units of competency

observing processes and procedures in workplaces

verbal or written questioning on underpinning knowledge and skills

evaluating samples of work

accessing and validating third party reports

setting and reviewing workplace projects and business simulations or scenarios

Guidance information for assessment


Range Statement

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.

Interim cover may be evidenced by:

binder

electronic transfer

facsimile

obtaining cover note number by telephone

placing slips.

Documentation may include:

additional questionnaires

certificates of insurance

confirmation of advices

correspondence

endorsements

policy documents

product disclosure statements

renewal certificates

replacement policy forms.

Relevant legislation includes:

Financial Services Reform Act

Insurance Brokers Code of Practice

Insurance Contracts Act and regulations.

Premiums may be:

invoices paid by the insured

refunds in part of full paid by the insurer.

Client documentation may include:

binder

premium closing by electronic or manual methods

proposal forms.

Business records may be:

electronic

manual.