SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Analyse the medical risk impacting on occupations and avocations 
SAQA US ID UNIT STANDARD TITLE
120063  Analyse the medical risk impacting on occupations and avocations 
ORIGINATOR
SGB Insurance and Investment 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is intended for learners who make decisions on cases referred by Junior Underwriters or who are involved in Product Development of Long-Term products including Reinsurers, Actuarial Students, Product Developers, and Senior Underwriters.

The qualifying learner is capable of:
  • Analysing the medical risk related to specific occupations.
  • Analysing the medical risk related to specific avocations.
  • Applying research on an unusual medical condition to underwrite an occupation or avocation.
  • Demonstrating insight into occupations and avocations in order to apply conditions and exclusions. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners should be competent in Communication and Mathematical Literacy at Level 4. 

    UNIT STANDARD RANGE 
    The typical scope of this unit standard is decisions to underwrite a high risk without referral.
  • Knowledge of industries includes, but is not limited to, the industry, occupations within the industry and industry or occupation related medical conditions.
  • Knowledge of industries and occupations that impose an increased risk include, but are not limited to environmental conditions, associated diseases, safety, country and available medical facilities.
  • Research into an unusual medical condition includes, but is not limited to pathology, prognosis of the disease, treatments and complications relating to the disease and its treatment. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Analyse the medical risk related to specific occupations. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Knowledge of the main industries is applied to establish the risk profile of a specific client. 

    ASSESSMENT CRITERION 2 
    Knowledge of occupations or industries that impose an increased medical risk is applied to identify and underwrite high-risk lives. 

    ASSESSMENT CRITERION 3 
    The relationship between an individual's medical condition and a specific occupation is analysed to determine the additional risk. 

    SPECIFIC OUTCOME 2 
    Analyse the medical risk associated with specific avocations. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Knowledge of different avocations is applied to determine the medical risk to a specific client. 

    ASSESSMENT CRITERION 2 
    Knowledge of avocations that impose an increased medical risk is applied to underwrite a high-risk life. 

    ASSESSMENT CRITERION 3 
    The relationship between an individual's medical condition and a specific avocation is analysed to determine the additional risk. 

    SPECIFIC OUTCOME 3 
    Apply research on an unusual medical condition to underwrite an occupation or avocation risk. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    An unusual medical condition is identified and researched to contribute to an underwriting decision. 

    ASSESSMENT CRITERION 2 
    The researched condition is related to an avocation and occupation to propose a possible underwriting practice. 

    ASSESSMENT CRITERION 3 
    The South African environment, associated risks and competitive practices within this environment are explained with reference to why a company targets a particular market segment. 

    ASSESSMENT CRITERION 4 
    Data is used to support an organisation's marketing decision. 

    ASSESSMENT CRITERION 5 
    The impact of environment and geographic location on the assessment of risk is explained for five different scenarios. 

    SPECIFIC OUTCOME 4 
    Demonstrate insight into occupations and avocations in order to apply conditions and exclusions. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Knowledge of a selected product is applied to a medical condition related to an occupation or avocation in order to determine underwriting conditions and exclusions. 

    ASSESSMENT CRITERION 2 
    The impact of an insurer's policy conditions on niche markets is identified and an indication is given of how policy conditions determine a competitive edge. 

    ASSESSMENT CRITERION 3 
    Industry trends are applied to motivate an underwriting or business decision. 

    ASSESSMENT CRITERION 4 
    The possibility of reinsuring a risk is investigated in order to spread the risk and allow more favourable terms. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    This Unit Standard will be internally assessed by the provider and moderated by a moderator registered by a relevant accredited ETQA, or an ETQA that has a Memorandum of Understanding with the relevant accredited ETQA. 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    N/A 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    The learner is able to identify and solve problems in which responses show that responsible decisions using critical and creative thinking have been made in proposing possible underwriting practices and underwriting a high-risk life. 

    UNIT STANDARD CCFO ORGANISING 
    The learner is able to organise and manage him/herself and his/her activities responsibly and effectively in conducting the necessary research timeously. 

    UNIT STANDARD CCFO COLLECTING 
    The learner is able to collect, organise and critically evaluate information in researching an unusual medical condition. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner is able to communicate effectively in that communication skills are required to demonstrate the assessment criteria. 

    UNIT STANDARD CCFO DEMONSTRATING 
    The learner is able to demonstrate an understanding of the world as a set of related systems by recognising that problem-solving contexts do not exist in isolation by identifying the impact of an insurer's policy conditions and the impact of these on the organisation's competitive edge. 

    UNIT STANDARD CCFO CONTRIBUTING 
  • The learner is able to reflect on and explore a variety of strategies to learn more effectively in that this Unit Standard requires a great deal of independent research and application of knowledge and insight.
  • The learner is able recognise the relationship between occupation, avocation and medical conditions in underwriting a high risk. 

  • UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  49860   National Diploma: Financial Services: Long-Term Risk Assessment  Level 5  NQF Level 05  Reregistered  2023-06-30  INSETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. CKP Development Agency (Pty) Ltd. 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.