Transcript Main Title Here

Education and Professional
Designations
Charmaine Koch
The Insurance Conference 2012
Agenda
Current Position
What are we doing about it?
Bridging the gaps
Current Position
South African Qualifications Authority (SAQA)
Registration of Professional Designations
Requirements
• underpinning qualification
• continuous professional development
Qualifications
There are only 2 qualifications currently registered with
SAQA at NQF level 5, and none at NQF Level 6
Current Position
SAQA
IISA
Professional
Designation
QCTO
Qualification
FIA
Regulatory Exams
Experience
INSETA
Matric (equivalent)
SAIA
CHE
FSB
Current Position
FIA
Experience
Matric (equivalent)
SAIA
Current Position
FIA
Regulatory Exams
Experience
Matric (equivalent)
SAIA
FSB
Current Position
QCTO
Qualification
FIA
Regulatory Exams
Experience
INSETA
Matric (equivalent)
SAIA
CHE
FSB
Current Position
UMALUSI
Council for
Higher
Education
Quality
Council for
Trades and
Occupations
Further
Education
and
Training
Colleges
Universities
INSETA
Private
Higher
Education
providers
Various
Training
Providers
Technikons
Professional Bodies
Department of Education
Quality Council for
Trade and
Occupations (QCTO)
UMALUSI
Council for Higher
Education (CHE)
IISA
Occupational Training
driven by SETA’s
Adult Based Education
and Training (ABET)
Degreed Qualifications
Training driven by
Professions
Currently INSETA has
194 Accredited Training
Providers
Currently
Business Colleges
Currently
Universities and
Technikons
Training is offered by
various Universities or
Private Institutions
Predominantly
NQF Levels 2 - 5
Predominantly
ABET Levels &
NQF Levels 1 – 5
Predominantly
NQF Levels 6 - 10
Predominantly
NQF Levels 5 - 7
Qualifications are
Unit Standard Based
Qualifications are
predominantly
Unit Standard Based
Qualifications are
Whole qualifications
Qualifications are
Whole qualifications
Credits can be
accumulated
Credits can be
accumulated
Credit ratings are only
achieved once the
qualification is complete
Credit ratings are only
achieved once the
qualification is complete
Current Position
SAQA
IISA
Professional
Designation
QCTO
Qualification
FIA
Regulatory Exams
Experience
INSETA
Matric (equivalent)
SAIA
CHE
FSB
What are we doing about it?
Consultative approach
• SAIA / FIA
• Higher Education Partners (UNISA and MBS)
• INSETA
Qualifications
Higher Education
INSETA
Higher Certificate in Insurance
(NQF Level 5)
Insurance Underwriter
(NQF Level 5)
Advanced Certificate in Insurance
(NQF Level 6)
Financial Services Representative
(NQF Level 5)
Insurance Specialisation Programme
(NQF Level 7)
Risk Manager
(NQF Level 6)
Different Functions in the Industry
SALES
ADMIN
UNDERWRITING
RISK MNGT
Business
Development
Manager
Insurance
Admin
Manager
Underwriter
Risk Manager
Claims
Manager
Loss
Adjuster
Financial
Planner
Insurance
Administrator
Assistant
Underwriter
Risk Surveyor
Claims
Assistant
Manager
Claims
Assessor
Financial
Services
Advisor
Servicing
Broker
Assistant
Underwriting
Clerk
Sales Call
Centre Agent
Client Service
Call Centre
Agent
CLAIMS
Recovery
Clerk
Claims
Negotiator
Claims Clerk
What are we doing about it?
Official Launch of the IISA CPD Programme
Our research included CPD Programme of:
CII, FPI, Health Care Professionals, Engineers and SAICA
Activities
1. Course / Workshop (incl in-house training)
2. Conference
3. Seminar
4. Study leading to formal assessment
What are we doing about it?
Official Launch of the IISA CPD Programme
Activities
5. Self Structured Study
6. Industry Committee
7. Lecture / Presentation
8. Material development / update
9. Mentorship
10. Articles
11. Professional Reading
What are we doing about it?
Official Launch of the IISA CPD Programme
• Definitions ensuring alignment with the Regulatory
requirements
• Registration of activities
• Record keeping facilities
• FSB and Company Reporting
What are we doing about it
Professional Body Requirements
Professional Designations vs Qualifications
Qualification
FCII (1964 – 1992)
Advanced Diploma in Insurance Management
(1992 – 2006)
Advanced Programme in Risk Management
(2007 – current)
Designation
Fellow – FIISA
ACII (1964 – 1992)
Associate – AIISA
Diploma in Insurance (1992 – 2006)
IISA Programme in Advanced Insurance Practice
(2006 – current)
Higher Certificate in Insurance (1992 – 2006)
IISA Programme in Insurance (2006 – current)
Higher Certificate in Short Term Insurance
(2011 – current)
Licentiate
What are we doing about it?
Professional Body Requirements
General Membership vs Qualifications
Member Status
Qualification Progress
IISA Member Level 3
Industry Relevant Qualification
(FSB List)
IISA Member Level 2
ICIBS
IISA Introductory Programme in Insurance
IISA Member Level 1
COP
Elements of Insurance
What are we doing about it?
Professional Body Requirements
Constitution
Financials
Code of Conduct
CPD Programme
Disciplinary Committee and Appeals
Data Management System



 to be launched
2012


Bridging the gaps
Inclusive culture
Providing a clear path
Delivering effective and accessible CPD
Partnering with Industry
Inclusive Culture
SAQA
IISA
QCTO
FIA
INSETA
SAIA
CHE
FSB
Bridging the gaps
Inclusive culture
Providing a clear path
Delivering effective and accessible CPD
Partnering with Industry
Clear Path
SAQA
IISA
Professional
Designation
QCTO
Qualification
FIA
Regulatory Exams
Experience
INSETA
Matric (equivalent)
SAIA
CHE
FSB
Bridging the gaps
Inclusive culture
Providing a clear path
Delivering effective and accessible CPD
Partnering with Industry
Q&A
[email protected]