Occupational Certificate: Insurance Agent – Insurance Underwriter NQF L5

This qualification is designed to empower individuals with knowledge and skill required by participants in short term insurance; who have had schooling at or below NQF level 4. It is intended to empower learners to acquire knowledge, skills, attitudes and values required to operate confidently as individuals in the South African community and to respond to the challenges of the economic environment and changing world of work in the financial services industry.

Duration:

Minimum 6 Months to 12 Months

In order to register for the qualification the learner should be competent in Communication and Mathematical Literacy at NQF Level 3.

Individuals who have attained the national certificate in financial services: Level 3 and wish to continue on a path of life-long learning specializing in Short Term Insurance and Long Term Insurance. Individuals who have worked in the short term or long term insurance sub-sector for many years, but have no formal qualifications in their area of specialization. Learners in a learnership agreement in the short term or long term insurance sub-sector. Individuals who have recently taken up a position in short term or long term insurance. Advisors/representatives that deal with short term and long term insurance.

Long-distance learning for individual learners (however module on Mathematical Literacy will be delivered
through contact learning). Direct Facilitation Sessions for Corporate Clients if required Learnerships and Skills programmes for Corporate Clients Targeted learners / Who may register? Individuals who have attained the national certificate in financial services: Level 3 and wish to continue on a path
of life-long learning specializing in Short Term Insurance.
Individuals who have worked in the short term Insurance sub-sector for many years, but have no formal qualifications in their area of specialization. Learners in a learnership agreement in the short term Insurance sub-sector. Individuals who have recently taken up a position in short term insurance. Advisors/representatives that require a qualification for licensing purposes in order to advise clients on short term insurance policies.

Internal Broker Consultants
Call Centre Consultants
Personal Accident
Administrators
Personal lines Administrators
Commercial Lines
Administrators
Claims Negotiators
Technicians or Assessors
Client Service Providers
Service Agents
Underwriting Agents
Product Developers
Motor Assessors
Assessors
Reinsurers
Underwriters
Personal Assistants
Secretaries
Service Centre Staff
IT Systems Designers and Analysts in Short Term organisations
Learners who work in Marketing Departments of Short Term Insurers
Financial Advisors who have been working in the capacity as reps for independent brokers or financial institutions.

The Curriculum is aligned to the FETC in Short Term Insurance (Id.49929) with a minimum credits of 150 (i.e.
Fundamentals-68; Core-51; Electives-31 credits which may vary based on the individual or company’s needs)

Assessment will be conducted in formative and summative formats and includes:

Workbook and Open Formative Assessment for each Module Closed Book Assessments per each Module Learning outcomes Carrying out basic research tasks and applying literacy and numeracy skills to analyse interpret and evaluate information from a range of sources related to Short Term Insurance or reinsurance. Managing personal finances. Apply knowledge of legislation, ethics, compliance and organisational protocols in the Short Term Insurance environment. Manage own work situation and interpersonal interactions.