The InstituteThe Australian and New Zealand Institute of Insurance and Finance

Certificate III in Financial Services General Insurance


General Insurance and Insurance Broking 
Certificate III in Financial Services FNS30510

Course Structure
The Certificate III in Financial Services – General Insurance stream, and Certificate III in Financial Services – Insurance Broking stream, consists of the following sections for both streams:

  • Section 1: Working in an Office Environment
  • Section 2: The Insurance Environment
  • Section 3: The Financial Environment
  • Section 4: The Legal Environment
  • Section 5: Insurance Contracts Act
  • Section 6: Corporations Act
  • Section 7: Privacy
  • Section 8: Codes of Practice and Dispute Resolution

The Certificate III is then divided into the following specialist sections for each stream:

General Insurance

  • Section 9: Working with Customers
  • Section 10: Claims

Insurance Broking

  • Section 9: Working with Customers
  • Section 10: Claims

An individual insurance-based training plan will be developed in conjunction with your company for each trainee.  On successful completion, the trainee earns:

  • Certificate III in Financial Services
  • ASIC Tier 2 General Insurance compliance.

Assessment and Delivery
The Certificate III in Financial Services combines the following elements:

  • High quality study materials
  • Regular contact and support from the Institute’s traineeship coordinator
  • Support and coaching from employer staff.

The course is assessed in a very practical manner, involving:

  • Completion of workplace based activities
  • Assignments set by the Institute’s traineeship co-ordinator
  • Observation of workplace activities by employer staff.

At the start of the traineeship, each trainee has an individual Training Plan created by the Institute’s traineeship co-ordinator in conjunction with their company. Based on each trainee’s strengths, the plan documents the delivery and assessment components and timelines for completion.

ASIC RG 146 Compliance
Successful completion of Certificate III in Financial Services (either General Insurance stream or Insurance Broking stream) – fulfils ASIC RG 146 Tier 2 compliance requirements for General Insurance.

ANZIIF provides a range of pathways to gain Tier 1 compliance for general insurance or insurance broking following successful completion of the traineeship.

Fees
Total course costs are $4,190 per trainee – $2,000 payable 6 weeks after application, and $2,190 on the completion of the course.

ANZIIF Pathways to higher recognition
Students who aspire to a successful career in the insurance industry are encouraged to undertake further industry qualifications and become a Certified Insurance Professional (CIP) member of the Institute once the traineeship is completed.

Trainees can follow a formalised education pathway through the following steps:

Contact Information
For further information about the Institute insurance traineeship program contact Karena Miller on (61 3) 9613 7213. 

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