Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSISV505A Mapping and Delivery Guide
Determine risk rating for investment and insurance products
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSISV505A - Determine risk rating for investment and insurance products |
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Description | This unit describes the performance outcomes, skills and knowledge required to monitor and analyse risks and determine the risk rating associated with an existing or new investment or insurance product.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 involving specialist knowledge and functions such as underwriting in a range of insurance sectors 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: Monitor and collect information on risk factors |
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Element: Analyse data collected |
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Element: Determine risk rating for product |
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Element: Communicate results to appropriate personnel |
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