This unit will be available to enrol from December 2021. 
Skills Unit
BR30006-20

Manage Complex Risk Portfolio for a Broking Client

This unit describes the skills and knowledge required to manage clients with a complex insurance portfolio by identifying and assessing risks and negotiating insurance changes and renewals. It also involves identifying additional exposures and advising on changes to the insurance program.

This applies to brokers who synthesise industry information and monitor clients’ product needs.

10 CIP Points
Manage Complex Risk Portfolio for a Broking Client
AUD $425
Insurance Broking
5-week Study Period
10 Credit Points
Specialised

What you'll learn

By the end of this learning pathway, you should be able to:

  • identify significant risk changes impacting client portfolio
  • advise client on changes to insurance program
  • negotiate complex changes and renewals with insurers
  • obtain client instructions and arrange changes to insurance program.

Competencies

FNSIBK524 Manage complex risk portfolios for insurance broking clients

 

 

Topics Covered

  • Week 1: Identify changes
  • Weel 2: Analyse and evaluate your clien'ts risk exposures
  • Week 3: Negotiate amendments with insurers
  • Week 4: Obtain client instructions

Assessment

2 Exams and 1 Simulation

10 CIP Points
Manage Complex Risk Portfolio for a Broking Client
AUD $425
Insurance Broking
5-week Study Period
10 Credit Points
Specialised