Qualification Outline
22/07/2026 6:38 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 Personal Injury Management (Underwriting)
Certificate IV in Personal Injury Management (Underwriting)
FNS40510
S704
Replaced
Replaced
National Endorsed, State Implementation and Classification
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 2.00 | 18/07/2013 | Current | Approved |
Description
This qualification reflects job roles requiring well-developed skills and a broad knowledge base in a wide variety of contexts within the personal injury management sector. It may involve supervision or leadership and guidance with some limited responsibility for the policy processing of others. Possible work functions may include:
evaluating new underwriting business within a large organisation
working as an underwriting agent
coordinating new underwriting business
managing an underwriting team
settling policy payments and terminations
assessing risk in relation to new business within policy guidelines
negotiating terms and conditions with clients within policy guidelines
leading and supporting a team
Schedule
Packaging Rules
13 units must be achieved.4 core units
9 elective units
at least 5 elective units of competency must be selected from the elective bank below
a minimum of 2 electives must be selected from units aligned to Certificate IV qualifications in FNS10 Financial Services or another endorsed Training Package
a maximum of 2 electives can be selected from units aligned to Diploma qualifications in any endorsed Training Package or accredited course
a maximum of 2 electives can be selected from units aligned to Certificate III qualifications in any endorsed Training Package or accredited course.
Elective units must be relevant to the work outcome, local industry requirements and the qualification level.
Units selected from other Training Packages or accredited courses must not duplicate units selected from or available within the FNS10 Financial Services or BSB07 Business Services Training Packages.
Core units of competency:
BSBCUS301B Deliver and monitor a service to customers
FNSINC401A Apply principles of professional practice to work in the financial services industry
FNSPIM303A Work within the personal injury management sector
FNSPIM406A Develop and maintain knowledge of personal injury management insurance
Elective units of competency:
BSBFLM303C Contribute to effective workplace relationships
BSBMGT401A Show leadership in the workplace
BSBRES401A Analyse and present research information
BSBWOR404B Develop work priorities
FNSCRD403A Manage and recover bad and doubtful debts
FNSCUS402A Resolve disputes
FNSISV401A Evaluate risk for new business
FNSISV402A Underwrite new business
FNSISV404A Underwrite renewal business
FNSPIM403A Educate clients on personal injury management issues
FNSPIM407A Register policy
FNSPIM408A Renew and maintain policy
FNSPIM410A Collect, assess and use information
FNSPIM501A Develop a return to work and health strategy
1. Core Units
All four (4) units must be completed.
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| D4168 | FNSINC401A | Apply principles of professional practice to work in the financial services industry | 20 | Unit of competency |
| S8072 | BSBCUS301B | Deliver and monitor a service to customers | 40 | Unit of competency |
| D4283 | FNSPIM406A | Develop and maintain knowledge of personal injury management insurance | 35 | Unit of competency |
| D4276 | FNSPIM303A | Work within the personal injury management sector | 35 | Unit of competency |
2. Elective Units
At least five (5) and up to nine (9) units to be completed from the elective units listed.
Please refer to the packaging rules for the full details of available options.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| D118 | FNS41007 | Certificate IV in Financial Services (Workers Compensation) | Qualification |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| AWF5 | FNS41915 | Certificate IV in Personal Injury Management | Qualification |
No information
Entry Requirements
Not applicable.
Traineeships and Apprenticeships