Module Outline
Date retreived
22/07/2026 11:52 AM AWST
22/07/2026 11:52 AM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Insurance Operations
Insurance Operations
Module
National Code
State Code
18324
18324
DTWD Status
Approved
Approved
State Implementation and Classification
Approved Date
10/11/1994
Field of Education
081103 - Insurance And Actuarial Studies
Nominal Hours
34
Description
To list and explain the fundamental
elements of financial and management
accounting.
To list and explain the fundamentals of premium accounting and claims
accounting.
To interpret and analyse financial
statements, reports and returns.
To list and explain the major
requirements of the Insurance Act 1973
in regard to accounting matters.
To list and explain the matters to be
considered when formulating an
investment policy and plan.
elements of financial and management
accounting.
To list and explain the fundamentals of premium accounting and claims
accounting.
To interpret and analyse financial
statements, reports and returns.
To list and explain the major
requirements of the Insurance Act 1973
in regard to accounting matters.
To list and explain the matters to be
considered when formulating an
investment policy and plan.
No information
Evidence Guide
Internal Assessment 20%
Examination 80%
Students will complete assignments/in
class tests for 20% of total grade plus
one two hour written examination for
80% of total grade. There is no
supplementary examination.
Examination 80%
Students will complete assignments/in
class tests for 20% of total grade plus
one two hour written examination for
80% of total grade. There is no
supplementary examination.
Elements and Performance Criteria
No information
No information
Associated Qual/Courses
| State Code | National Code | Title | Type |
|---|---|---|---|
| 6972 | Insurance Administration | Accredited course |