Qualification Outline
22/07/2026 6:22 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.
Certificate IV in Insurance Broking
Certificate IV in Insurance Broking
FNS41720
BFX3
Current
Approved
National Endorsed, State Implementation and Classification
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 4.00 | 23/09/2022 | Current | Approved |
| 3.00 | 15/06/2022 | Replaced | Approved |
| 2.00 | 02/02/2021 | Replaced | Approved |
| 1.00 | 04/11/2020 | Replaced | Approved |
Description
This qualification reflects the role of insurance brokers who provide advice on retail products and services to retail insurance clients. They may also have a role in providing specialist advice and managerial activities. Individuals in these roles apply specialist skills and knowledge to work autonomously and exercise judgement in completing routine and non-routine activities and to analyse and evaluate information from a variety of relevant sources.
Licensing, legislative, regulatory or certification considerations
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Relevant regulatory authorities should be consulted to confirm those requirements before applying the qualification.
Schedule
Packaging Rules
Total number of units = twelve (12)- eight (8) core units plus
- four (4) elective units, of which:
- at least two (2) must be from the elective units listed below
- the remaining units may be from this qualification or any currently endorsed Certificate III or above training package qualification or accredited course.
Elective units must be relevant to the work environment and the qualification, maintain the overall integrity of the AQF alignment, not duplicate the outcome of another unit chosen for the qualification, and contribute to a valid industry-supported vocational outcome.
1. Core Units
All eight (8) units must be completed.
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| OCZ44 | FNSINC412 | Apply and maintain knowledge of financial products and services | 40 | Unit of competency |
| OCI68 | FNSIBK416 | Deliver insurance broking services | 45 | Unit of competency |
| OCI69 | FNSIBK412 | Implement new and renewed insurance program for insurance broking clients | 35 | Unit of competency |
| OCI22 | FNSIBK415 | Meet compliance requirements relating to insurance broking | 35 | Unit of competency |
| OCI09 | FNSIBK413 | Place client insurances with insurer and confirm insurance cover with clients | 35 | Unit of competency |
| OCI20 | FNSIBK414 | Provide a claims service to insurance broking clients | 30 | Unit of competency |
| OCI66 | FNSASIC314 | Provide Tier 2 general advice in general insurance | 45 | Unit of competency |
| OCI16 | FNSASIC315 | Provide Tier 2 personal advice in general insurance | 45 | Unit of competency |
2. Elective Units
At least two (2) units must be chosen from the elective units listed below. Please refer to the packaging rules for the full details of available options.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| AWG0 | FNS41715 | Certificate IV in Insurance Broking | Qualification |
No information
Entry Requirements
Nil
Traineeships and Apprenticeships