Unit of competency Outline
Date retreived
22/07/2026 9:26 PM AWST
22/07/2026 9:26 PM 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.
Analyse insurance claims
Analyse insurance claims
Unit of competency
National Code
FNSINSV405B
FNSINSV405B
State Code
C9842
C9842
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
07/07/2008
Field of Education
081103 - Insurance And Actuarial Studies
Original Release Date
07/07/2008
Nominal Hours
60
Description
Notes
Elements and Performance Criteria
No information
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.
motor vehicle accident, dependency payments, journey/third party, pecuniary loss, loss of goods, weekly payments, medical expenses, death of a worker, claim made after worker ceases employment and others
assessors
investigators
private investigators
medical advisers
surveyors
engineers
accountants
auditors
and others as required
the employer
the authorised insurer
the customer
compensation authority
self insurer
medical and like providers
union
the worker
legal service providers
the community
employer and industry associations
claims assessors
insurance brokers
solicitors
risk management consultants
investigators
witnesses
computer and/or manual systems
according to legislation and industry codes of practice and organisation guidelines
legislation
regulations
organisation operating procedures
codes of practice, where applicable
the acts and regulations appropriate to the jurisdiction in which the claim is made
statutory authority and guidelines
terms of agreements and advice
licensing conditions
performance standards
motor vehicle accident, dependency payments, journey/third party, pecuniary loss, loss of goods, weekly payments, medical expenses, death of a worker, claim made after worker ceases employment and others
assessors
investigators
private investigators
medical advisers
surveyors
engineers
accountants
auditors
and others as required
the employer
the authorised insurer
the customer
compensation authority
self insurer
medical and like providers
union
the worker
legal service providers
the community
employer and industry associations
claims assessors
insurance brokers
solicitors
risk management consultants
investigators
witnesses
computer and/or manual systems
according to legislation and industry codes of practice and organisation guidelines
legislation
regulations
organisation operating procedures
codes of practice, where applicable
the acts and regulations appropriate to the jurisdiction in which the claim is made
statutory authority and guidelines
terms of agreements and advice
licensing conditions
performance standards
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.
Overview of assessment
To achieve competency in this unit, a person must be able to demonstrate:
thorough understanding of the industry and organisation obligations and objectives
effective analysis and interpretation of data
Evidence required for demonstration of consistent performance:
Competence in this unit must be assessed over a period of time in order to ensure consistency of performance over the Range Statement and contexts applicable to the work environment.
Delivery/assessment relationship to other units:
This unit can be assessed independently, however it may be assessed with other appropriate units such as:
FNSINSV503B Undertake post loss risk management
FNSINSV306B Receive and record/register claim
FNSINSV307B Follow organisation procedures to process claim
FNSINSV309B Settle claims
FNSINSV507B Implement claim recovery procedures
FNSINSV508B Review claims settlement policies and procedures
FNSINSV512B Settle non-routine, complex claims.
Consideration should be given to implications on the qualification structure if assessing with the above listed units.
Method of assessment:
For valid and reliable assessment of this unit, evidence should be gathered through a range of methods to indicate consistent performance.
Assessment of this unit of competence will usually include observation of processes and procedures, oral and/or written questioning on underpinning knowledge and skills to ensure knowledge principles are both known and applied. Other methods such as case study and analysis, workplace records/documentation review, may be used as required
Context of assessment:
Assessment of performance requirements in this unit should be undertaken within the general insurance industry context and should cover aspects of personal/financial responsibility and accountability.
Aspects of competency, including the attainment of relevant knowledge and skills, may be assessed in a relevant workplace, a closely simulated work environment, or other appropriate means that clearly meet industry competency requirements.
Resources required for assessment:
Unless otherwise specified, there are no significant resource implications for assessment of this unit, apart from access to a relevant workplace or closely simulated office environment and the use of a range of office equipment, technology and consumables. These may include routine commercial computer hardware, software, telephones, facsimiles, and other relevant office equipment.
Overview of assessment
To achieve competency in this unit, a person must be able to demonstrate:
thorough understanding of the industry and organisation obligations and objectives
effective analysis and interpretation of data
Evidence required for demonstration of consistent performance:
Competence in this unit must be assessed over a period of time in order to ensure consistency of performance over the Range Statement and contexts applicable to the work environment.
Delivery/assessment relationship to other units:
This unit can be assessed independently, however it may be assessed with other appropriate units such as:
FNSINSV503B Undertake post loss risk management
FNSINSV306B Receive and record/register claim
FNSINSV307B Follow organisation procedures to process claim
FNSINSV309B Settle claims
FNSINSV507B Implement claim recovery procedures
FNSINSV508B Review claims settlement policies and procedures
FNSINSV512B Settle non-routine, complex claims.
Consideration should be given to implications on the qualification structure if assessing with the above listed units.
Method of assessment:
For valid and reliable assessment of this unit, evidence should be gathered through a range of methods to indicate consistent performance.
Assessment of this unit of competence will usually include observation of processes and procedures, oral and/or written questioning on underpinning knowledge and skills to ensure knowledge principles are both known and applied. Other methods such as case study and analysis, workplace records/documentation review, may be used as required
Context of assessment:
Assessment of performance requirements in this unit should be undertaken within the general insurance industry context and should cover aspects of personal/financial responsibility and accountability.
Aspects of competency, including the attainment of relevant knowledge and skills, may be assessed in a relevant workplace, a closely simulated work environment, or other appropriate means that clearly meet industry competency requirements.
Resources required for assessment:
Unless otherwise specified, there are no significant resource implications for assessment of this unit, apart from access to a relevant workplace or closely simulated office environment and the use of a range of office equipment, technology and consumables. These may include routine commercial computer hardware, software, telephones, facsimiles, and other relevant office equipment.
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| D4237 | FNSISV405A | Analyse insurance claims | Unit of competency |