FNS51120 Diploma of General Insurance

Currenttraining.gov.au: current

Australia's national training register lists FNS51120 as current. It publishes no end date for the currency period.

Product type
Qualification
Training package
FNS — Financial Services Training Package
Currency period ends
no end date published
Latest release
Release 6 · 15 June 2022 · 6 releases in all
Supersedes
FNS51115
Superseded by
nothing — no replacement listed

Where the register points next

training.gov.au points at nothing after FNS51120: it is the current product, and no replacement is listed.

What the register says changed

These are the mapping notes training.gov.au attaches to each supersession, quoted as the register writes them. They are the only public record of what actually changed between two versions.

  • FNS51115FNS51120not equivalent3 November 2020

    The register records this supersession but attaches no note on what changed.

Is FNS51120 on your scope?

This page is the register's record of one product. What it cannot tell you is whether FNS51120 sits on your own scope today, or what else on that scope has moved without anyone noticing. Enter your RTO number and we read every product on your live scope against training.gov.au and tell you which ones are superseded and which replacements the register flags not equivalent.

Public code, nothing else. We read your live scope from training.gov.au and answer here — nothing is stored unless you ask us to watch it.

Whether a supersession requires anything of you, and what, sits with you and your regulator. This page maps what the register records; it does not make that judgement. If the difference between an equivalent and a non-equivalent replacement is the question, we wrote it up in equivalent vs not equivalent.

What FNS51120 is made of

training.gov.au lists 42 units for FNS51120: 3 core and 39 elective. To complete it, the register publishes a rule of 3 core units plus 9 electives12 units in all.

Core units 3 listed

CodeUnitIn this product
BSBPEF501Manage personal and professional developmentcurrent
FNSINC411Conduct work according to professional practices in the financial services industrycurrent
FNSINC412Apply and maintain knowledge of financial products and servicescurrent

Elective units 39 listed

CodeUnitIn this product
BSBCMM511Communicate with influencecurrent
BSBINS401Analyse and present research informationcurrent
BSBLDR521Lead the development of diverse workforcescurrent
BSBMKG541Identify and evaluate marketing opportunitiescurrent
BSBMKG543Plan and interpret market researchcurrent
BSBOPS505Manage organisational customer servicecurrent
BSBPMG540Manage project integrationcurrent
BSBSUS511Develop workplace policies and procedures for sustainabilitycurrent
BSBTWK502Manage team effectivenesscurrent
BSBWHS414Contribute to WHS risk managementcurrent
BSBXCM501Lead communication in the workplacecurrent
FNSASICN513Provide advice in general insurancecurrent
FNSCUS504Manage premium customer relationshipscurrent
FNSCUS511Develop and maintain professional relationships in financial services industrycurrent
FNSCUS512Monitor clients' financial requirementscurrent
FNSCUS513Review business performancecurrent
FNSCUS515Determine client financial requirements and expectationscurrent
FNSCUS516Record and implement client instructionscurrent
FNSIAD511Provide appropriate services, general advice and products to clientscurrent
FNSINC511Conduct financial product research to support product recommendationscurrent
FNSINC513Identify and apply complex ethical decision making to workplace situationscurrent
FNSINC514Apply ethical frameworks and principles to make and act upon decisionscurrent
FNSISV408Manage handling and settlement of routine insurance claims for retail clientscurrent
FNSISV520Manage non-routine and complex insurance claimscurrent
FNSISV521Settle non-routine and complex insurance claimscurrent
FNSISV522Work with legal teams to resolve non-routine and complex insurance claimscurrent
FNSISV524Negotiate treaty reinsurancecurrent
FNSISV525Evaluate and report on status of insurance claims portfolioscurrent
FNSISV526Allocate authorities and guidelines for distributioncurrent
FNSISV527Implement insurance claim recovery procedurescurrent
Show the remaining 9 elective units
CodeUnitIn this product
FNSISV531Issue insurance contracts covering non-routine and complex situationscurrent
FNSISV532Review operational performance of insurance portfolioscurrent
FNSISV535Determine risk rating for investment and insurance productscurrent
FNSISV536Investigate insurance claimscurrent
FNSRSK511Undertake risk identificationcurrent
FNSRSK512Assess riskscurrent
FNSRSK611Develop and implement risk mitigation plancurrent
FNSRSK612Determine and manage risk exposure strategiescurrent
FNSSAM521Apply advanced techniques to provide financial products and servicescurrent

Core and elective are the register's own flags on the unit grid of the release read here. "Not current" means training.gov.au no longer recommends that unit for use inside this product — it does not say anything about the product itself.

Source: this product on training.gov.au, Australia's national training register — or go straight to the units it requires. The rule itself is item 14 of F2025L00355, and ASQA publishes the extensions it has granted. Read on 28 August 2026 UTC. Every code, title, date, status and equivalence flag on this page is the register's; nothing here is estimated or inferred, and where the register publishes nothing we say so.

Every FNS training product on the register · Search all training products

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