Self Assessment Tool: Retail Qualification

Transcription

1 Good day Learner, Self Assessment Tool: Retail Qualification To ensure that you do not complete irrelevant learning, we have developed this self assessment tool which allows you to perform a self-analysis of your credits held in the FETC: Retail Insurance Qualification. The table below demonstrates all the Unit Standards of the Qualification. Simply tick what you have completed, compare them to the requirements and identify the Unit Standards you still need to complete. You need to obtain all 8 credits for the Core Components which means all Core Unit Standards must be completed. The Fundamental Component comprises of 68 credits which means all the Unit Standards. Remember you can qualify for an INSETA Concession for these Fundamentals. If the Concession is granted, you will not need to do the credits. To qualify for the Concession, you need the following subjects at Grade 1 level, completed with a minimum symbol E. - English plus a nd SA Language = 0 credits - Mathematics = 16 credits - Business Economic or Accounting = 1 credits For the Elective Component, you need to complete only 1 credits. To complete the self assessment please follow these easy steps: Step 1: Go to Step : Go to Learner Information on the left menu Step : Access INSETA Management System Step : Enter your ID number as user name, your surname as password, logon to ETQA & LShips Step : View your Profile by searching on your ID Number again. Step 6: Check the Achievements tab Step 7: Open each course completed Step 8: Compare the Unit Standards completed to the table Step 9: Identify the US you need to complete. 1 Main Road, Bryanston, South Africa T: F:

2 We trust you will find this a useful tool to measure your own progress to a full qualification. We look forward to receiving your enquiries for the programmes that you wish to enrol for! Kind regards, The FIBMA Team rvanwyk@sewellsgroup.com 1 Main Road, Bryanston, South Africa T: F:

3 COMPONENT ID UNIT STANDARD TITLE NEW LEVEL CREDITS COMPLETED WITH YEAR COMPLETED Core 1198 Describe life insurance Core 1196 Describe short term insurance Core 1171 Explain basic economics Core Core 1171 Core 1171 Core Core Core Core 1991 Core Core Core 190 Core 116 Indicate the scope of life insurance in South Africa Indicate the scope of short term insurance in South Africa Manage own work performance in relation to an organisation's performance management system Manage time effectively to enhance productivity and enable a balanced lifestyle Operate a computer workstation in a business Analyse new developments reported in the media that could impact on Short Term insurance Apply the Law of Contract to insurance Apply the regulations for disclosure that are required as part of the financial sales process Apply the skills of customer care in a specific work application of ethical conduct in a business insight of the Financial Advisory and Intermediary Services Act (FAIS) (Act 7 of 00) 10 1 Main Road, Bryanston, South Africa T: F:

4 Core Core 119 Core 1979 Core 106 Core 1196 Fundamental 8968 Fundamental 8969 Fundamental 897 Fundamental 8970 Fundamental 901 Fundamental Fundamental 897 Fundamental Fundamental understanding of aspects of the regulatory framework relating to consumer credit agreements in Retail Insurance in South Africa Demonstrate skills and techniques required to build a relationship with a client in a financial services Describe issues of compliance or non-activity that could result in civil or criminal liability in terms of business law Explain the Finance Intelligence Centre Act, Act 8 of 001 and its implications for client relations Manage risk in own work Accommodate audience and context needs in oral communication Interpret and use information from texts Use language and communication in occupational learning programmes Write texts for a range of communicative contexts Apply knowledge of statistics and probability to critically interrogate and effectively communicate findings on life related problems Describe and apply the basic principles of personal income tax Engage in sustained oral communication and evaluate spoken texts Interpret basic financial statements Investigate ways of managing financial risk in own lives 6 1 Main Road, Bryanston, South Africa T: F:

5 Fundamental 897 Fundamental 9016 Fundamental 8979 Fundamental 768 Fundamental 8976 Elective 90 Elective Elective Elective 191 Elective 119 Elective Elective 9 Elective 18 Read analyse and respond to a variety of texts Represent analyse and calculate shape and motion in -and -dimensional space in different contexts Use language and communication in occupational learning programmes Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues Write for a wide range of contexts Access information in order to respond to client enquiries in a financial services Apply knowledge of basic accounting principles to financial services Apply knowledge of self and own situation to manage risks resulting from change in the workplace Apply knowledge of self and team in order to develop a plan to enhance team performance Apply problem-solving techniques to make a decision or solve a problem in a real life context Coach a team member in order to enhance individual performance in work Communicate verbally with clients in a financial Demonstrate ability to use and interpret texts that apply to the role and responsibilities of trustees of Retirement Funds 6 1 Main Road, Bryanston, South Africa T: F:

6 Elective 10 Elective 17 Elective 119 understanding of the role functions and responsibilities of Trustees of Medical Schemes understanding of the role, functions and duties of trustees of Retirement Funds Describe how to manage workplace relationships Elective Explain aviation insurance Elective 119 Elective 1171 Elective Elective 119 Elective 1196 Elective Elective Elective 1198 Explain how to manage diversity in the workplace Explain insurance transactions specific to Lloyd's of London Explain the impact of personal wellness on work performance Explain the structure of the financial services industry in South Africa Identify causes of stress and techniques to manage it in the workplace Investigate the need to provide financially for own retirement Investigate the upside and downside business risk in hand held electronic devices. Manage electronic mail in a business Elective Manage personal expenditure Elective Elective Elective Research costs associated with marriage, birth, divorce and death in own circumstances Use a presentation package to produce business documents Use a spreadsheet package to produce and manage business documents 1 Main Road, Bryanston, South Africa T: F:

7 Elective 1197 Elective Elective Elective 11 Elective 11 Elective 1007 Elective Elective Elective 100 Elective Elective 1000 Elective Elective 1191 Elective 1997 Elective 199 Elective 191 Use a web browser in a business Use a word processing package to produce business documents Use an electronic system as a tool in a financial services context Apply comprehension skills to engage oral texts in a business Apply comprehension skills to engage written texts in a business Apply financial knowledge and skill to compile a finance agreement Apply knowledge and insight into aspects of the Long Term Insurance Act, Act of 1998 Apply knowledge and insight into the Short Term Insurance Act (No of 1998) and the accompanying regulations Apply knowledge and understanding of personal accident insurance Apply knowledge insurance of household contents Apply knowledge of insurance to the transportation of a consignment of goods Apply knowledge of personal all risks insurance Apply knowledge of the sales cycle in wealth management Apply technical knowledge and skill in order to manage risk in motor vehicle losses due to theft and hijacking Apply technical knowledge and skill to align business unit performance to business goals Apply the budget function in a business unit 1 Main Road, Bryanston, South Africa T: F:

8 Elective 19 Elective Elective Elective Elective 1001 Elective 1000 Elective Elective 1988 Elective 1006 Elective 1001 Elective 1001 Elective 100 Demonstrate a basic understanding of the role of a business strategy in managing a small business or a business unit application of aviation legislation that impacts on insurance application of Sectional Title Insurance application of the Value Added Tax (VAT) Act 89 of 1991 as amended as it applies to insurance policies understanding of house owners insurance understanding of personal motor insurance understanding of the insurance of pleasure craft understanding of the risks involved in the manufacture, use, handling and storage of dangerous and hazardous substances understanding of the Road Ordinance as it applies to motor insurance understanding of the scope of transportation insurance understanding of the scope of travel insurance in South Africa understanding of the standard in insurance cover in terms of NASRIA 1 Main Road, Bryanston, South Africa T: F:

9 Elective Elective 1001 Elective 1667 Elective Elective 1008 understanding of transportation insurance understanding of warranty as a class of insurance Describe and apply the management functions of an organization Describe standard insurance cover in terms of SASRIA Determine risk exposure in order to manage the risk in a specific situation 10 Elective Explain credit life insurance Elective 119 Elective 111 Explain fiduciary responsibilities and the associated risks Mentor a colleague to enhance the individual`s knowledge, skills, values and attitudes in a selected career path 1 Elective 197 Motivate a team 6 1 Main Road, Bryanston, South Africa T: F: