Qualification Outline

Date retreived
22/07/2026 6:55 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.

Diploma of Loss Adjusting

Diploma of Loss Adjusting

Qualification
National Code:
FNS51415
State Code:
AWF7
TGA Status:
Replaced
DTWD Status:
Replaced
National Endorsed, State Implementation and Classification
Field of Education
0811 - Banking, Finance And Related Fields
Original TGA Release Date
25/03/2015
Approved Date
16/09/2015
Stream of Study
Initial Vocational (3100 - 3600)
VET Act Classifier
C
Nominal Hours
870
Duration
2 Semesters
Current Release Number
3.00
Current Release Date
13/02/2018
VET Act Conditions
Releases
Release Version Release Date TGA Status DTWD Status
3.00 13/02/2018 Current Approved
2.00 22/04/2015 Replaced Approved
1.00 25/03/2015 Replaced Approved
Description

This qualification is designed to reflect team leadership or supervisory job roles in loss adjusting in a range of insurance organisations. Individuals in these roles have autonomy in performing technical operations, apply solutions to a range of often complex problems, and research, analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others. Work may include analysing claims information, conducting claims investigations, and managing and monitoring operational performance.

Licensing/Regulatory Information
No licensing or certification requirements apply to this qualification at the time of publication. However, some units will specify relevant licensing, legislative and/or regulatory requirements that impact on the unit. Refer to the FNS Implementation Guide Companion Volume for guidance on requirements.

Schedule
Packaging Rules
Total number of units = twelve (12)
- seven (7) core units plus
- five (5) elective units

The elective units consist of:
- up to five (5) may be from the electives below
- up to two (2) may be from a Diploma in the Financial Services Training Package, or any currently endorsed training package or accredited course
- one (1) may be from an Advanced Diploma in the Financial Services Training Package, or any currently endorsed training package or accredited course.

The elective units chosen must be relevant to the work outcome and meet local industry needs.
1. Core Units

All seven (7) units must be completed.

State Code National Code Title Hours Type
AUX01 FNSISV405 Analyse insurance claims 60 Unit of competency
AUL09 BSBWHS404 Contribute to WHS hazard identification, risk assessment and risk control 40 Unit of competency
AUR60 FNSILA502 Evaluate collected information 120 Unit of competency
AUR76 FNSIGN404 Inspect damage and develop scope of work 120 Unit of competency
AUR73 FNSILA504 Negotiate and effect settlement 60 Unit of competency
AUS06 FNSILA501 Plan and implement loss investigation 120 Unit of competency
AUR63 FNSILA503 Report findings and provide guidance to involved parties 80 Unit of competency
2. Elective Units

Up to five (5) units may be chosen from the elective units listed.
Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
BBH69 FNSINC504 Apply ethical frameworks and principles to make and act upon decisions 35 Unit of competency
AUR82 FNSINC401 Apply principles of professional practice to work in the financial services industry 20 Unit of competency
AUQ87 FNSCUS505 Determine client requirements and expectations 60 Unit of competency
AUI86 BSBSUS501 Develop workplace policy and procedures for sustainability 50 Unit of competency
AUR57 FNSIGN403 Estimate jobs 120 Unit of competency
BBH97 FNSINC503 Identify situations requiring complex ethical decision making 35 Unit of competency
AUL59 BSBCUS403 Implement customer service standards 30 Unit of competency
AUR55 FNSIGN406 Inspect property for saleable items and determine their value 30 Unit of competency
AUW98 FNSIGN402 Inspect quality of work 80 Unit of competency
AUJ03 BSBMGT517 Manage operational plan 50 Unit of competency
AUM47 BSBCUS501 Manage quality customer service 50 Unit of competency
AUQ76 FNSCUS401 Participate in negotiations 20 Unit of competency
AUJ27 BSBCOM603 Plan and establish compliance management systems 50 Unit of competency
AUX06 FNSILA505 Provide ancillary services 60 Unit of competency
AUR56 FNSIGN401 Provide technical guidance 80 Unit of competency
AUQ89 FNSCUS506 Record and implement client instructions 60 Unit of competency
AUQ80 FNSCUS402 Resolve disputes 30 Unit of competency
Replaces
State Code National Code Title Type
S730 FNS51410 Diploma of Loss Adjusting Qualification
Replaced By
State Code National Code Title Type
BGX8 FNS51420 Diploma of Loss Adjusting Qualification
No information
Entry Requirements

Nil.

Traineeships and Apprenticeships
No information