Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSISV507A Mapping and Delivery Guide
Implement claim recovery procedures
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSISV507A - Implement claim recovery procedures |
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Description | This unit describes the performance outcomes, skills and knowledge required to recover money relating to a claim. It encompasses the complete process from initiating the recovery to finalisation of the claim.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 such as underwriting involving specialist knowledge and functions 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: Establish viability of recovery |
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Element: Evaluate recovery methods |
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Element: Implement and monitor recovery progress |
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Element: Negotiate recovery settlement |
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Element: Process monies |
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Element: Record outcome |
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