Subjects
Total number of units = 10
7 core units plus
3 elective units
The elective units consist of:
2 from the electives below
The remaining unit may be from:
the electives below, or
a Diploma in any currently endorsed training package or accredited course.
The elective units chosen must be relevant to the work outcome and meet local industry needs.
Core Units
FNSIBK406 Deliver professional insurance broking services
FNSIBK507 Review service performance
FNSIBK508 Implement changes to broking client's insurance program
FNSIBK512 Negotiate complex claims settlement for insurance broking client
FNSIBK513 Prepare submission for new business
FNSIBK514 Manage complex risk portfolio for a broking client
FNSIBK515 Monitor broking client requirements and establish loss control programs
Elective Units
ASIC Tier 1
FNSASICY503 *Provide advice in insurance broking
Customer service and sales
BSBCUS501 Manage quality customer service
BSBMKG501 Identify and evaluate marketing opportunities
FNSCUS504 Manage premium customer relationships
FNSINC402 Develop and maintain in-depth knowledge of products and services used by an organisation or sector
FNSSAM501 Apply advanced selling techniques to selling of financial products and services
FNSSAM502 Assess market needs
FNSSAM503 Monitor market opportunities
Finance
BSBFIM501 Manage budgets and financial plans
Information management
BSBRES401 Analyse and present research information
BSBINM501 Manage an information or knowledge management system
Operations
BSBCOM503 Develop processes for the management of breaches in compliance requirements
BSBMGT516 Facilitate continuous improvement
BSBMGT517 Manage operational plan
Risk management
BSBRSK501 Manage risk
FNSRSK501 Undertake risk identification
FNSRSK502 Assess risks
FNSINC602 Interpret and use financial statistics and tools
Team and organisation
BSBWOR501 Manage personal work priorities and professional development
BSBWOR502 Lead and manage team effectiveness
BSBMGT502 Manage people performance
BSBSLS502 Lead and manage a sales team
*Note the following prerequisite unit requirements:
Unit in this qualification | Prerequisite unit |
FNSASICY503 Provide advice in insurance broking | FNSIBK406 Deliver professional insurance broking services FNSIBK508 Implement changes to broking clients insurance program FNSIBK513 Prepare submission for new business |