Course Detail

Short Term Insurance

This qualification is designed to equip learners with the knowledge and skills necessary to operate effectively within the short-term insurance sector. The programme covers critical areas such as finance risk, current affairs in the financial sector, financial markets and research, large claims, and underwriting. Learners will develop a deep understanding of risk management, insurance principles, financial decision-making, and the impact of current economic conditions on the insurance industry. This qualification also provides practical skills in managing relationships with intermediaries, negotiating with insurers, and assessing underwriting risks, making it ideal for those looking to advance their careers in the financial services industry.

Transition from SETA to QCTO
Our programs are transitioning to align with QCTO standards for enhanced relevance and quality. The Mixed Farming course (NQF Level 2 | SAQA ID 48977) has a special extension, allowing learners to continue benefiting from the current curriculum during the transition period.

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This qualification is designed to equip learners with comprehensive knowledge and skills in short-term insurance, focusing on risk management, financial markets, and underwriting. This INSETA-accredited course aims to:

Develop Expertise in Finance Risk
Learners will acquire technical knowledge to explain business risks and apply risk management processes to identify and mitigate potential financial risks. This course prepares learners to propose effective insurance solutions and conduct thorough financial risk assessments.

Understand Current Affairs in the Financial Sector
This course provides insight into the financial services sector, enabling learners to apply economic principles, understand the financial lifecycle, and stay informed about current affairs. Learners will be able to present well-informed arguments on relevant issues affecting the financial industry.

Gain Knowledge in Financial Markets and Research
Learners will explore the dynamics of financial markets, focusing on the insurance industry's evolution, intermediary relationships, and market trends. This course equips learners to negotiate insurance proposals and devise marketing strategies tailored to target markets.

Manage Large Claims Effectively
This course prepares learners to handle large insurance claims by understanding the financial implications and ethical considerations. Learners will develop the skills to manage complex claims processes and represent insurers or reinsurers effectively.

Specialise in Underwriting
Learners will develop the ability to assess risks and make informed underwriting decisions in short-term insurance. This course covers the analysis of risk information, review of claims practices, and the underwriting of high-risk commercial and industrial insurance.

This INSETA-accredited qualification ensures that graduates are well-prepared to excel in the short-term insurance industry, providing them with the expertise to manage risks, understand market dynamics, and contribute effectively to the financial services sector.