Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSIBK604A Mapping and Delivery Guide
Develop and manage marketing plans for an insurance broking business
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSIBK604A - Develop and manage marketing plans for an insurance broking business |
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Description | This unit describes the performance outcomes, skills and knowledge required to develop a marketing, sales and promotional strategy to grow a broking organisation. It also describes establishing agreements with intermediaries for distributing broker general and life insurance products. It encompasses setting up arrangements with suitable distribution channels to deal in the products and services provided by the brokerage.This unit is applicable to individuals working within enterprises and job roles subject to licensing, legislative, regulatory or certification requirements including legislation administered by the Australian Securities and Investments Commission (ASIC). | ||
Employability Skills | This unit contains employability skills. | ||
Learning Outcomes and Application | This unit applies to insurance broking roles and may be applied within organisations of various sizes and across a range of customer bases. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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Prerequisites/co-requisites | |||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Develop marketing plan for the brokerage |
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Element: Develop brokerage promotion plans |
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Element: Develop brokerage sales plans |
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Element: Implement promotional strategy |
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Element: Prepare sales and distributional channels |
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Element: Monitor and review sales and promotional plan implementation |
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