Unit of competency Outline

Date retreived
23/07/2026 1:23 AM AWST

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Establish and maintain strategic networks and collaborative relationships

Establish and maintain strategic networks and collaborative relationships

Unit of competency
National Code
FNSIBK608
State Code
AUR71
TGA Status
Deleted
DTWD Status
Deleted
Current Release Number
1.00
Current Release Date
25/03/2015
View on TGA
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
70
Description
This unit describes the knowledge and skills required to establish and use strategic networks to support the insurance broking role of senior brokers in specialist and management roles. It includes identifying features of required strategic networks, identifying or establishing network links with key stakeholders and building strategic collaborative relationships.It applies to individuals who use well-developed networking, interpersonal, written and web-based communication skills within organisations of various sizes across a range of customer bases. Individuals may use networks for technical support, for business development and to identify as part of the insurance broking industry. Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.
Notes
Elements and Performance Criteria
1. Identify relevant strategic networks
  • 1.1 Determine nature and scope of networks and collaboration required with reference to brokerage service guidelines and business plans
  • 1.2 Undertake research to identify and assess benefits and limitations of existing networks and their relevance to broking role and broking business goals
  • 1.3 Identify networks and key stakeholders based on client requirements, service delivery and/or broking business objectives
2. Establish network and collaborative links with key stakeholders and individuals
  • 2.1 Prioritise collaborative relationships and networks on basis of their contribution to broking service role and business needs
  • 2.2 Identify and initiate strategies to establish linkages with key networks and individuals, including peers
  • 2.3 Establish working arrangements with selected networks and individuals within ethical framework
3. Build strategic relationships to support and develop broking activity
  • 3.1 Develop protocols for ongoing collaborative activity
  • 3.2 Apply mix of interpersonal and technology based approaches to support networking and collaborative activity
  • 3.3 Use information obtained from networks and collaborative activity to address identified client requirements
  • 3.4 Develop ongoing networking strategies in proactive manner to support and develop broking business
4. Review networks and collaborative activity
  • 4.1 Establish criteria for reviewing effectiveness of networks and collaborative relationships
  • 4.2 Apply criteria to review relative value of networks and collaborative activity to broking role and business objectives
  • 4.3 Undertake cost–benefit analysis of networking and collaborative activity where appropriate
  • 4.4 Use analysed results to inform future collaboration and networking activity and strategies
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State Code National Code Title Type
AWE0 FNS60115 Advanced Diploma of Insurance Broking Qualification