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 $460
Insurance Broking
5-week Study Period
10 Credit Points
Specialised
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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
- Week 2: Analyse and evaluate your client's risk exposures
- Week 3: Negotiate amendments with insurers
- Week 4: Obtain client instructions
Assessment
1 Exam and 1 Simulation
See the Assessment and Academic Calendar pages for more information.