Senior Professional Assessment 1 (Underwriting manager)
- Sector: Insurance underwriting
- ASIC accreditation: Tier 1
- NIBA College membership: Qualified Financial Services Representative
- Pre-requisite: 5 out of the last 8 years relevant experience
- Award: Diploma in Financial Services
This assessment is for experienced insurance underwriting managers and covers the following competency areas and can be undertaken in general or life insurance streams.
- Skills related to undertaking risk assessment and issuing contracts of insurance in non-routine situations or extraordinary risks
- Skills related to underwriting management including reviewing operational performance of portfolio, undertaking post loss risk management, negotiating treaty reinsurance and determining risk rating for investment and insurance products
- Skills related to underwriting procedures and compliance including complying with statutory, legislative and regulatory obligations and professional codes of conduct, developing and monitoring policy and procedures and implementing quality systems within work area.
- Core business knowledge and skills as they apply in the financial services industry including: financial services legislation, industry and professional codes of practice, health and safety practices and the effective use of technology, information collection and presentation, communication and team work skills.
Find out details of the optional Tier 1 Adviser assessments that can be added on to this assessment for one or more of the following product areas:
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Course Fees
Terms of Study
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