RG146 Professional Series - Insurance and Risk Management
Duration: 2 months
Price: $750
How it works: Study online. With a difference.
Start date: Immediately, or whenever you’re ready.
Entry requirements: No formal prerequisites | Some equipment needed
Qualification type: Non-accredited
Our Insurance and Risk Management short course will support your existing financial planning skills through tailored risk and insurance education. This is the third module in the RG146 Professional Series.
Our Insurance and Risk Management short course will support your existing financial planning skills through tailored risk and insurance education. This is the third module in the RG146 Professional Series.
Course Summary
You deserve to learn from experts who are just as committed to the financial planning profession as you. Monarch Institute was founded by experienced financial advisers who wanted to show students what it’s actually like to practice in the real world. In other words, not just the theory. Courses are developed with an industry advisory council including recognised thought leaders from major Australian Universities.
Key opportunities include:
Para-planner Assistant
Financial planning practice manager
Call-centre adviser for either an insurance provider, investment fund management provider, investment platform provider or superannuation provider
Back-office superannuation operations officer
Back-office insurance operations officer
Back-office fund management operations officer
Back-office investment platform operations officer
Investment corporate actions support officer
This course is designed to be completed within 2 months. You have access to the course for 3 months. This module forms one part of the four modules in the RG146 Professional Series.
There is no minimum timeframe to complete this course. Students who are highly motivated and well organised can complete the full course at an accelerated pace.
The key factors that influence course completion are a student’s experience, time availability, how fast they work and how committed they are.
Study online. With a difference.
You’ll get:
Easy-to-follow course materials
Videos and webinars
Support from your course trainers (phone, email, Zoom)
A dedicated admin team on hand to guide you
Online quizzes to test your knowledge
Student Facebook group
How does it work?
This course has been developed to give you absolute flexibility. Study on your couch, on public transport, on your break at work, out in the park – wherever and whenever you like. The best part is, with Monarch Institute, ‘online’ doesn’t mean ‘alone’. You’ll be backed by our trainers at every step along the way.
What support will I get?
Your trainer will be happy to contact you via phone, Zoom, or email (Monday to Friday, 9am to 5.30pm). So you definitely won’t feel alone. You’ll also have access to our student Facebook groups, so you can discuss the material with other students. It’s a handy way to stay in touch with trainers and others in the same course.
Our sector-leading academics and course trainers have developed a course assessment framework that is uniquely designed to help you gain a deep understanding of the course modules and, importantly, give you real-world insight, knowledge and skills. Assessment formats include:
Quizzes
Multiple-choice questions
Immediately, or whenever you’re ready.
Get in touch about enrolling
"I found the material in depth, the deadlines realistic with plenty of time to work on the material, and the lecturers helpful in all matters. It’s been an enjoyable journey."
- Stephen Cripps, Monarch Institute Financial Planning graduate
You will need access to the following equipment to successfully complete the course:
Working computer with Microsoft Office (2016 or later)
Access to the internet. Internet speed must be reasonable in order to watch videos etc.
Access to a smart phone, video camera or web camera is required
Get Course Brochure
Pathways
If you're looking for a pathway to become a financial planner, Monarch's Advanced Diploma of Paraplanning was built to help you develop the skills to take on a challenging role within a practice team. Click here to read more.
Pathways to becoming a financial planner
If you’re looking for a pathway to become a financial planner, this short course is a great way to start out. There are other pathways too such as our Advanced Diploma of Paraplanning which was built to help you develop the skills to take on a challenging role within a practice team. Click here to read more.
Build on your existing skills
This course outlines the knowledge and skills areas required to work in a range of roles in the financial services industry and is great if you’re already working in one of these areas and want to further your knowledge.
RG146 Training. For the real world.
You deserve to learn from experts who are just as committed to the financial planning profession as you. Monarch Institute was founded by experienced financial advisers who wanted to show students what it’s actually like to practice in the real world. In other words, not just the theory. Courses are developed with an industry advisory council including recognised thought leaders from major Australian Universities.
Check out our reviews
Frequently Asked Questions
Anyone advising clients on insurance or supporting the advisers who do will find this module to be a solid fit. You’ll get the most from it if you already have some financial planning knowledge, since the material extends what you know into risk and insurance. It forms the third module of four in our RG146 Professional Series, so anyone working through the full series will complete it. You can enrol without any formal qualifications.
Regulatory Guide 146 is where the Australian Securities and Investments Commission (ASIC) sets out what advisers need to know before advising retail clients. Advisers study general knowledge plus a specialist area for each product they handle, including insurance. Your own obligations depend on the products you work with and the licensee you operate under, so check with them before enrolling.
Yes. You can access the material whenever you have time, on any device you’re using. That includes all the quizzes and multiple-choice questions in each section, so you never have to attend campus for an in-person assessment. You can reach your trainer by phone, email or Zoom on weekdays or post a question to our student Facebook group where others are working through the same content.
Insurance focuses on helping clients manage financial risk, while investments focus on building and managing wealth. This module goes through the main types of cover, including general insurance, life insurance, income protection, total and permanent disability and trauma insurance. You’ll also study how insurers classify risk and price their premiums. Our RG146 Professional Series: Investments module deals with asset classes, diversification, exchange traded funds and how to select investments.
Yes. The course is designed to be completed in two months, though how quickly you finish depends on your experience and the hours you can commit. Nothing requires attendance at a set time, so evenings and weekends work as well as any other time. You have access for three months, which gives you room if work gets busy partway through.
You’ll gain specialist knowledge of risk and insurance, which applies to work at insurers, advice practices and financial planning firms. Those skills can support your preparation for roles such as back-office insurance operations officer, paraplanner assistant or financial planning practice manager. Our Advanced Diploma of Paraplanning is a longer route if you want a nationally recognised qualification.
Fees