Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSILF501A Mapping and Delivery Guide
Assess extraordinary risks
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSILF501A - Assess extraordinary risks |
---|---|---|---|
Description | This unit describes the performance outcomes, skills and knowledge required to understand and apply underwriting risk concepts and practices when assessing extraordinary insurance risks.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 job roles in generalist or specialist areas of insurance 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. |
||
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 | |
---|---|---|---|---|---|---|---|---|
Elements of Competency | Performance Criteria | |||||||
Element: Determine risk acceptance criteria |
| |||||||
Element: Seek information |
| |||||||
Element: Negotiate reinsurance for extraordinary risks |
| |||||||
Element: Determine and advise terms and conditions of acceptance |
|