Completing both of these modules will gain you the qualification.

Core Knowledge

New Zealand Certificate in Financial Services (Level 5)

Unlock your potential in the financial services industry with the New Zealand Certificate in Financial Services (Level 5). This qualification is designed for those who aim to meet the stringent requirements of providing financial advice in New Zealand, ensuring compliance with current legislation and regulations impacting the financial sector.

Course Structure

To graduate with this full certificate, you are required to complete the Core Knowledge module and choose one specialised strand. This approach allows you to tailor your learning to your career aspirations. The flexible structure is ideal for newcomers entering the industry as well as current professionals seeking advancement.

Core Knowledge

The Core Knowledge module lays the groundwork for a deep understanding of the financial services environment. It covers the professionalism required within the industry and offers insights into the legislative and economic aspects that influence financial advising practices. This foundational knowledge is crucial for anyone aiming to provide high-quality financial advice.

Elective Strands

Upon completing the Core Knowledge module, you can specialise by selecting one of four elective strands, each focusing on a key area of financial services:

1. Investment: Gain specialised knowledge in managing investment portfolios and providing investment advice.

2. Residential Property Lending: Specialise in the mortgage advising process, understanding the products and regulations specific to residential property lending.

3. Life, Disability, and Health Insurance: Focus on insurance products and the provision of advice in life, health, and disability insurance.

4. General Insurance: Learn about the wide range of general insurance products and how to effectively advise clients on these options.

Career Opportunities

Graduates of the New Zealand Certificate in Financial Services (Level 5) are well-prepared to assume a variety of roles within the financial sector, such as financial advisors, insurance brokers, or mortgage brokers. 

Achieving the Qualification

To achieve the New Zealand Certificate in Financial Services (Level 5), you must complete the required Core Knowledge module along with one of the elective strands. This qualification meets the standards required by the Code of Professional Conduct for Financial Advice Services in New Zealand, equipping you with the competence, knowledge, and skill needed to give regulated financial advice under the new financial advice regime.

Enhance your professional qualifications and meet the evolving needs of the financial services industry with this comprehensive Level 5 certificate.

Certificate in Financial Services (Life, Disability, and Health Insurance)

Step into a specialised role within the financial services sector with the New Zealand Certificate in Financial Services (Level 5), focusing on the Life, Disability, and Health Insurance strand. This module is designed to thoroughly equip you with the knowledge and skills necessary to provide expert advice in life, disability, and health insurance.

Achieving the Qualification

To secure this respected qualification, you must complete the Core Knowledge module along with the Life, Disability, and Health Insurance strand. This educational approach ensures a solid grounding in general financial services principles while providing a deep dive into the specifics of life, disability, and health insurance.

Educational Scope and Learning Outcomes

This strand is specifically tailored for those seeking to specialise in or enter the life, disability, and health insurance advising sector. By the end of this module, you will have an understanding of:

1. Risk Management and Regulatory Insight: Acquire in-depth knowledge of risk management concepts and the legislative and regulatory environment specific to life, disability, and health insurance.

2. Comprehensive Product Knowledge: Develop a broad understanding of the various insurance products and services available, and how to effectively tailor these to meet the diverse needs of clients.

3. Client-Centric Solution Development: Learn to assess, analyse, and review individual insurance needs, objectives, and risk tolerances, employing an appropriate six-step advice process to craft bespoke insurance solutions.

4. Ethical and Professional Conduct: Uphold the highest standards of professionalism, including adherence to ethical, legal, and good conduct obligations while providing financial advice.

Career Opportunities

Successfully completing this strand qualifies you for several professional roles within the insurance sector, including:

1. Life, Health and Disability Insurance Adviser: Specialise in advising on life, disability, and health insurance, helping clients navigate their insurance needs with tailored solutions.

2. Claims Adjuster/Handler: Responsible for assessing insurance claims to determine the extent of the insuring company's liability. This role involves investigating claims, negotiating settlements, and authorising payments.

3. Underwriter: Assess risks and set terms for insurance policies. Underwriters evaluate the likelihood of a claim being made by weighing up a range of factors and decide whether to offer insurance and under what terms.

Enhance Your Expertise in Life, Health and Disability Insurance Advising

Achieving this certification not only expands your professional capabilities but also cements your status as a knowledgeable and ethical insurance professional capable of addressing the specialised needs associated with life, disability, and health insurance. Whether you're beginning a new career or aiming to advance within your current path, this strand offers the necessary tools and insights for success in a critical sector of financial services.