The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Review claims reserves
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Claims reserves are regularly reviewed to ensure they accurately reflect expectations Completed |
Evidence:
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Accurate data is provided to assist underwriters to identify and charge appropriate policy premiums Completed |
Evidence:
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Monitor funds
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Funds are monitored to ensure adequate reserves exist to pay claims as they fall due for payment Completed |
Evidence:
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Support claims staff in claims reserve activities
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Claims coordination staff are supported, as required, to identify accurate initial claims reserves Completed |
Evidence:
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Claims coordination staff are supported, as required, in allocation of claim to appropriate claims specialists Completed |
Evidence:
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Authorise payments, settlements and changes to reserves
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Payments, settlements and reserves changes are authorised as requested by claims specialists that are outside their delegated authority, as required Completed |
Evidence:
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Identify required changes to portfolio, claims reserves policy or procedures
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Identified information is communicated promptly to decision makers in the management structure according to organisation procedures Completed |
Evidence:
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Changes to policy and procedures are instigated to minimise claims losses in similar circumstances Completed |
Evidence:
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