Program Overview

Personal Injury Scheme Evaluation

The Personal Injury Scheme Evaluation course is a micro-credential that explores techniques available to monitor and support improvements in personal injury insurance scheme performance. This ten-week course delves into the performance evaluation of Personal Injury Schemes, focusing on key statistics and outcomes in this field.

Overview

Students will be introduced to best practice strategies on assessing scheme financial performance, client recovery, and work outcomes. The course will explore determinants of scheme performance, and industry experts will share their knowledge on how to manage scheme performance and respond to evaluations.

Who Should Attend

This course would be ideal for anyone interested in learning more about performance evaluation in Personal Injury Schemes across Australia, New Zealand, and beyond, with a view to improving their ability to operate in and influence the success of schemes.

What You Will Learn

On completion of this course, participants will be able to:

• Describe the actuarial valuation process, including approaches to valuation and the use of valuation in scheme management.
• Describe evidence-based approaches to measuring the outcomes and experiences of injured people in personal injury schemes.
• Explain the key parameters affecting scheme performance, including scheme operations, strategic, social, and environmental considerations.
• Critique approaches to evaluating the performance of personal injury schemes.
• Design scheme evaluation frameworks, including appropriate balance between scheme objectives, reporting requirements, and stakeholder needs.
• Identify emerging developments in scheme evaluation and performance measurement.

Program Structure

The course is structured into the following topics:

1. Scheme Evaluation
2. Key Statistics and Performance
3. Financial Evaluation I: Actuarial Valuation
4. Financial Evaluation II: Underwriting, Pricing, and Premium Setting
5. Assessing Client Outcomes
6. Managing Scheme Performance and Responding to Evaluations
7. Emerging Issues Impacting Scheme Evaluation and Performance

Accelerate Your Qualification

Eligible participants who complete the micro-credential can receive 6 credit points of unspecified credit towards the Graduate Certificate or Graduate Diploma of Personal Injury Management, Master of Public Health/Master of Occupational Health.

Instructors

The course is taught by:

• Professor Alex Collie, Director of the Healthy Working Lives Research Group and the Division of Health Systems, Services, and Policy in the School of Public Health and Preventive Medicine at Monash University.
• Dr. Michael Di Donato, Postdoctoral Research Fellow in the Healthy Working Lives Research Group at the School of Public Health and Preventive Medicine, Monash University.

Digital Badge

Once you complete this course, you’ll earn a digital badge.

Related Programs

• Principles of Personal Injury Scheme Design
• Personal Injury Strategic Claims Management

This course is provided by the School of Public Health and Preventive Medicine.