Qualification Outline
22/07/2026 7:35 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 General Insurance
Diploma of General Insurance
FNS51120
BFX4
Current
Approved
National Endorsed, State Implementation and Classification
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 6.00 | 15/06/2022 | Current | Approved |
| 5.00 | 27/01/2022 | Replaced | Approved |
| 4.00 | 09/07/2021 | Replaced | Approved |
| 3.00 | 12/02/2021 | Replaced | Approved |
| 1.00 | 04/11/2020 | Replaced | Approved |
Description
This qualification reflects a range of job roles with team and management responsibilities in general insurance industry environments. Individuals in these roles have autonomy in performing technical operations and management. They 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 claims and underwriting management, personal advice, risk management, client relationship management and sales and marketing.
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)- three (3) core units plus
- nine (9) elective units, of which:
- at least seven (7) must be from the elective units listed below
- the remaining units may be from this qualification or any currently endorsed Certificate IV 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 three (3) 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 |
| OBR53 | FNSINC411 | Conduct work according to professional practices in the financial services industry | 25 | Unit of competency |
| OCD50 | BSBPEF501 | Manage personal and professional development | 55 | Unit of competency |
2. Elective Units
At least seven (7) 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 |
|---|---|---|---|
| AWE4 | FNS51115 | Diploma of General Insurance | Qualification |
No information
Entry Requirements
Nil