FNS51120DiplomaCurrentFNS training package

FNS51120 Diploma of General Insurance

FNS51120 is the nationally recognised Diploma of General Insurance. It prepares you for work as an insurance agent. It has been the current version on the national register since 2020, when it replaced FNS51115. Employers posted about 577 insurance agent jobs in June 2026, down 14.1% on a year earlier.

Register data synced 18 Sept 2026 from training.gov.au
Online job ads · June 2026
577last month
Insurance agent roles advertised across Australia
Down on a year earlier
Long-term outlook
Mixed
One structural signal up; current job ads down
Register status
Current
Replaced FNS51115 in 2020
Enrolments
Rising fast
Up 46.2% in a year
Funding status
Verification pending
Checked against official state program lists
The short answer

The signals behind the Diploma of General Insurance are mixed, and both sides are worth weighing. Enrolments are rising. Job ads in June 2026 were down 14.1% on a year earlier and the official shortage list does not rate its occupations in shortage. These are official statistics, not a promise about your result.

Jobs and Skills Australia

Is the work there?

Employers are posting fewer insurance agent jobs than a year ago. About 577 insurance agent jobs were advertised online in June 2026, down 14.1% on a year earlier. Over the last 12 months there were about 7,600 job ads, while 190 people were training in the qualification nationally (2025). Ads show the market. Enrolments show the pipeline. Neither is a job promise.

Jobs and Skills Australia, Internet Vacancy Index · latest month June 2026 · ANZSCO 6112
577
Combined monthly online job ads across Insurance Agent, to June 2026

Official shortage list

Australia's official shortage list rates insurance agents as not in shortage. The 2025 Occupation Shortage List rates Insurance Agent as not in shortage.

Jobs and Skills Australia, Occupation Shortage List · 2025 assessment

Ten year outlook

Insurance agent jobs are projected to stay about flat. Jobs and Skills Australia projections put these occupations at 16,703 workers in May 2025, 16,436 by May 2030 (down 1.6%) and 17,138 by May 2035 (up 2.6%).

16,703
workers, May 2025
16,436
workers, May 2030
17,138
workers, May 2035
Jobs and Skills Australia employment projections · May 2025 to May 2035
Occupation mapping by Get Course, shown with ANZSCO codes so it can be checked.
NCVER Total VET Activity

Who is training

More people are choosing the Diploma of General Insurance every year. Across Australia, 130 people enrolled in 2024. In 2025 it was 190, up 46.2% in a year. National data for FNS51120 starts in 2024.

NCVER Total VET Activity · 2025 collection
training.gov.au · Australian Qualifications Framework

What does studying it involve?

The register and the national framework set some of this. Providers set the rest.

How long it takes
A Diploma is typically 1 to 2 years of full-time study under the Australian Qualifications Framework. Providers set the exact length and pace.
Delivery
Providers set the delivery mode.
Credit for experience
Recognition of prior learning applies to FNS51120 like any qualification on the national register: an approved provider assesses your evidence against each unit.
training.gov.au national register; Australian Qualifications Framework.
State subsidised training lists

What does it cost, and who funds it?

State funding for FNS51120 is being verified against official program lists.

Eligibility and student contributions vary by program and provider. The official state listing is the source of truth. In a subsidised place the government pays most of the tuition and you pay a co-contribution set by the program and provider.

Official state subsidised training program lists, verified per state. Full-fee prices will appear here as partner courses are listed.
training.gov.au · unit packaging

What is in the qualification

The Diploma of General Insurance is 12 units: 3 core, plus 9 electives chosen from 39 options on the register.

  • BSBPEF501Manage personal and professional development
  • FNSINC411Conduct work according to professional practices in the financial services industry
  • FNSINC412Apply and maintain knowledge of financial products and services
View the 39 elective options
  • BSBCMM511Communicate with influence
  • BSBINS401Analyse and present research information
  • BSBLDR521Lead the development of diverse workforces
  • BSBMKG541Identify and evaluate marketing opportunities
  • BSBMKG543Plan and interpret market research
  • BSBOPS505Manage organisational customer service
  • BSBPMG540Manage project integration
  • BSBSUS511Develop workplace policies and procedures for sustainability
  • BSBTWK502Manage team effectiveness
  • BSBWHS414Contribute to WHS risk management
  • BSBXCM501Lead communication in the workplace
  • FNSASICN513Provide advice in general insurance
  • FNSCUS504Manage premium customer relationships
  • FNSCUS511Develop and maintain professional relationships in financial services industry
  • FNSCUS512Monitor clients' financial requirements
  • FNSCUS513Review business performance
  • FNSCUS515Determine client financial requirements and expectations
  • FNSCUS516Record and implement client instructions
  • FNSIAD511Provide appropriate services, general advice and products to clients
  • FNSINC511Conduct financial product research to support product recommendations
  • FNSINC513Identify and apply complex ethical decision making to workplace situations
  • FNSINC514Apply ethical frameworks and principles to make and act upon decisions
  • FNSISV408Manage handling and settlement of routine insurance claims for retail clients
  • FNSISV520Manage non-routine and complex insurance claims
  • FNSISV521Settle non-routine and complex insurance claims
  • FNSISV522Work with legal teams to resolve non-routine and complex insurance claims
  • FNSISV524Negotiate treaty reinsurance
  • FNSISV525Evaluate and report on status of insurance claims portfolios
  • FNSISV526Allocate authorities and guidelines for distribution
  • FNSISV527Implement insurance claim recovery procedures
  • FNSISV531Issue insurance contracts covering non-routine and complex situations
  • FNSISV532Review operational performance of insurance portfolios
  • FNSISV535Determine risk rating for investment and insurance products
  • FNSISV536Investigate insurance claims
  • FNSRSK511Undertake risk identification
  • FNSRSK512Assess risks
  • FNSRSK611Develop and implement risk mitigation plan
  • FNSRSK612Determine and manage risk exposure strategies
  • FNSSAM521Apply advanced techniques to provide financial products and services
training.gov.au national register, FNS51120 release 6
Same training package

What skill sets come from the FNS training package?

Commercial Law for Tax Agents Skill Set
FNSSS00005 · skill set guide
Tax Law for Tax Agents Skill Set (Tax documentation)
FNSSS00008 · skill set guide
Payroll Administrator Skill Set
FNSSS00012 · skill set guide
Accounting Principles Skill Set
FNSSS00014 · skill set guide
BAS Agent Registration Skill Set
FNSSS00004 · skill set guide
Commercial Law for Tax (Financial) Advisers Skill Set
FNSSS00006 · skill set guide
Where to study

Where can I study FNS51120?

No Get Course partner currently lists this qualification. Check the national register for organisations approved to deliver it, and remember that approval to deliver is a regulatory fact, not a recommendation. You can browse live courses from our partners and enquire today.

Browse courses
How we calculate these figures

Get Course maps FNS51120 to its occupations using the register’s own outcome wording, shown with ANZSCO codes (here, 6112) so the mapping can be checked. Job advertisement counts come from the Jobs and Skills Australia Internet Vacancy Index and count online ads, not vacancies filled. Enrolment counts come from NCVER Total VET Activity and count people in training, not completions. Funding rows appear only after verification against the official state program list. Source vintages: employment projections May 2025 to May 2035 release; NCVER Total VET Activity 2025 collection; Occupation Shortage List 2025 assessment; register training.gov.au, synced 16 September 2026; Jobs and Skills Australia Internet Vacancy Index latest month June 2026; register synced 18 Sept 2026. Page last updated 19 Sept 2026.

About this page. Every number on this page shows its source and date. Register data synced 18 Sept 2026 from training.gov.au. Compiled by Get Course from public data sources. It is not provided or endorsed by any training organisation, and nothing here is advice about your individual situation. Statistics describe groups; your result depends on you. If you represent a training organisation and want to correct or add to this page, contact hello@getcourse.com.au.