Unit of competency Outline
Date retreived
23/07/2026 12:59 AM AWST
23/07/2026 12:59 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.
Research, analyse and report information in insurance broking
Research, analyse and report information in insurance broking
Unit of competency
National Code
FNSIBK401
FNSIBK401
State Code
AUR36
AUR36
TGA Status
Current
Current
DTWD Status
Approved
Approved
State Implementation and Classification
Approved Date
16/09/2015
Field of Education
081103 - Insurance And Actuarial Studies
Original Release Date
16/09/2015
Nominal Hours
35
Description
This unit describes the skills and knowledge required to collect information, undertake research and prepare insurance reports. Insurance reports may relate to new or renewal of business or specific subjects, including those commissioned by others in the brokerage for external stakeholders such as insurers.It applies to individuals who use organisational skills and undertake research to produce workplace reports that can be used to prepare advice for clients and recommend solutions in relation to client risk needs. Analytical skills to interpret and consolidate information, including computer generated data and reports that contribute to the wider research activity, are also used.No licensing, legislative or certification requirements apply to this unit at time of publication.
Notes
Elements and Performance Criteria
1. Clarify purpose of report
- 1.1 Clarify required purpose of report and intended audience
- 1.2 Determine scope of report and time allowed for research and production
- 1.3 Identify organisational requirements for format and style of report
2. Collect information for report
- 2.1 Identify sources of information and establish strategies for obtaining information
- 2.2 Gather information from range of sources using appropriate techniques
- 2.3 Maintain accurate records of information and sources
3. Analyse research findings
- 3.1 Analyse and interpret researched information
- 3.2 Check accuracy and completeness of information
- 3.3 Identify key issues for further research and discussion
- 3.4 Develop conclusions and recommendations
4. Prepare reports of research findings
- 4.1 Organise information on which recommendations are based in appropriate format that is consistent with organisational requirements
- 4.2 Prepare draft report for discussion and review with appropriate personnel
- 4.3 Edit draft in response to feedback and present to appropriate personnel for final sign off where required
- 4.4 Complete formal presentation of report, where required, using appropriate methods and equipment
No information
No information
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| D4179 | FNSIBK401A | Research and analyse client and industry information for a broking risk assessment | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| AWG0 | FNS41715 | Certificate IV in Insurance Broking | Qualification |
| BFX3 | FNS41720 | Certificate IV in Insurance Broking | Qualification |