LA506-15
Negotiating Effective Settlements
Examines how negotiation applies to loss adjusting, including the skills needed for successful negotiation, and analysing the cost-benefit on settlement options. Students will also learn to document and administer negotiation meetings, and the key options for resolving negotiation disputes.
What you'll learn
- Explain how negotiation applies to loss adjusting
- Identify the key skills needed to effect successful negotiation
- Identify the key parties to a loss adjusting negotiation and their relationship
- Identify and support relevant issues and settlement options
- Perform cost benefit analysis on identified settlement options
- Prepare necessary documentation for negotiation meetings
- Undertake arrangement for negotiation meetings with all parties
- Identify key issues relating to negotiation meetings
- Conduct negotiation meetings
- Document and follow up meeting outcomes
- Identify and apply the key options for resolving negotiation disputes.
Competencies
FNSILA504 Negotiate and effect settlement
Online Assignment
- Pass Grade: students must be assessed as competent in all assignment questions
Online Exam
- Pass Grade: 50%
- Duration: 90min