SAQA

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SOUTH AFRICAN QUALIFICATIONS AUTHORITY

REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE:

Manage risk in own work environment

SAQA US ID	UNIT STANDARD TITLE
119265	Manage risk in own work environment
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 4	NQF Level 04	2
REGISTRATION STATUS		REGISTRATION START DATE	REGISTRATION END DATE	SAQA DECISION NUMBER
Passed the End Date - Status was "Reregistered"		2018-07-01	2023-06-30	SAQA 06120/18
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2026-06-30		2029-06-30

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 replaces:

US ID	Unit Standard Title	Pre-2009 NQF Level	NQF Level	Credits	Replacement Status
13954	Manage risk in own work/business environment	Level 4	NQF Level 04	5

PURPOSE OF THE UNIT STANDARD

This unit standard is a building block in the understanding of the concept of risk. As such it is a life skill. It is especially relevant for learners who work in insurance and investment related sub fields where the pooling of risk and appetite for risk are important concepts.

The qualifying learner is capable of:

Analysing own role and the risk associated with performance at work.

Demonstrating knowledge and understanding work procedures in the workplace and the risk of non-compliance.

Suggesting ways of managing risk in own work situation.

Analysing the behaviours and attitudes that constitute positive and negative risk in the workplace.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

Communication at NQF Level 3.

Mathematical Literacy at NQF Level 3.

Computer Literacy at NQF Level 3.

Unit Standard: Manage risk in own life. NQF Level 3.

UNIT STANDARD RANGE

An organisation includes a small, medium or micro enterprise or sole owner business.

Unpredictable or unusual circumstances include situations for which there is no known policy, unusual procedures or situations outside appropriate level of authority.

Measures to minimise risk could include cost and maintenance of equipment, budget issues, mandated levels of authority, occupational health and safety measures.

Own work role could be in formal, part-time, full-time, or informal employment or in formal education.

Situations could include processes, procedures and/or positions within an organisation.

Levels or industry standards include, but are not limited to: Institution and organisation standards.

Specific Outcomes and Assessment Criteria:

SPECIFIC OUTCOME 1

Analyse own role and the risk associated with performance at work.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

Work responsibilities for a selected position are analysed and listed as outputs.

ASSESSMENT CRITERION 2

The measurable quality requirements for each work responsibility/output are explained in terms of legislation and/or industry standards.

ASSESSMENT CRITERION 3

The implications of not performing to required standards are explained with reference to the organisation and the individual.

ASSESSMENT CRITERION 4

The implications of exceeding quality requirements are explained with reference to the organisation and the individual.

SPECIFIC OUTCOME 2

Demonstrate knowledge and understanding of work procedures in the workplace and the risk of non-compliance.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

Procedures required in predictable situations are known and explained with reference to a particular organisation or scenario.

ASSESSMENT CRITERION 2

Information sources are accessed in unusual or unpredictable circumstances for three different scenarios.

ASSESSMENT CRITERION 3

The risk associated with non-compliance with organisation procedures is analysed for different scenarios.

ASSESSMENT CRITERION 4

Reasons why it is important to authenticate sources of information are explained with examples.

ASSESSMENT CRITERION 5

The risk to the organisation associated with acting on or repeating unverified or unsubstantiated information is explained and a judgment is made as to whom to trust as a source for three different scenarios.

SPECIFIC OUTCOME 3

Suggest ways of managing risk in own work position.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

Upside and downside risk is analysed for a particular position in an organisation.

ASSESSMENT CRITERION 2

Potential risk associated with a specific procedure is identified and measures to minimise the risk are explained with reference to a specific organisation.

ASSESSMENT CRITERION 3

Measures to minimise risk for a particular situation are evaluated and innovative recommendations are made to help minimise the risk.

SPECIFIC OUTCOME 4

Analyse the behaviours and attitudes that constitute positive and negative risk in the workplace.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

Personal behaviour analysed to determine behaviour risk to an employment contract and inform a personal code of conduct.

ASSESSMENT CRITERION 2

Personal behaviour that could be construed as an upside risk to the organisation is identified and an indication is given of the positive spin off.

ASSESSMENT CRITERION 3

Own behaviour is analysed to determine how well own values and attitudes contribute to positive work relationships.

ASSESSMENT CRITERION 4

Behaviours and attitudes most valued by co-workers or colleagues are surveyed and own behaviour is compared to the perceived dominant value system and own experiences in workplace relationships.

ASSESSMENT CRITERION 5

A personal action plan is proposed to manage both positive and negative risk associated with own behaviour and attitudes.

UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS

An individual wishing to be assessed (including through RPL) against this unit standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA or an ETQA that has a Memorandum of Understanding with the relevant ETQA.

Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.

Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.

Moderation of assessment will be conducted by the relevant ETQA according to the policies and guidelines for assessment and moderation of that ETQA, at its discretion, in terms of agreements reached about assessment and moderation between various ETQAs (including professional bodies).

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 thinking have been made in analysing the risk in his/her own work position, assessing how well his/her own values and attitudes contribute to a positive work environment and making a judgment about who to trust as a source of information.

UNIT STANDARD CCFO ORGANISING

The learner is able to organise and manage his/her activities responsibly and effectively in analysing his/her own attitudes and behaviour and making any changes that are necessary.

UNIT STANDARD CCFO COLLECTING

The learner is able to collect, organise and critically evaluate information in analysing own behaviour, surveying the attitudes and behaviours most valued by co-workers or colleagues and accessing information in unpredictable situations.

UNIT STANDARD CCFO COMMUNICATING

The learner is able to communicate effectively in explaining quality requirements and procedures required in predictable situations and other explanations that are built into 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 understanding the implications of not performing to the required standard, or exceeding the quality requirements, the risk associated with non-compliance with organisation procedures and the risk of acting on unverified or unsubstantiated information.

UNIT STANDARD CCFO CONTRIBUTING

Learners are able to be culturally sensitive across a range of social contexts in assessing the values and behaviours most valued in a workplace and adjusting own behaviour to promote good or positive work relationships.

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

This unit standard replaces unit standard 13954, "Manage risk in own work/business environment", Level 4, 5 credits.

QUALIFICATIONS UTILISING THIS UNIT STANDARD:

	ID	QUALIFICATION TITLE	PRE-2009 NQF LEVEL	NQF LEVEL	STATUS	END DATE	PRIMARY OR DELEGATED QA FUNCTIONARY
Core	66609	Further Education and Training Certificate: Retail Insurance	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	As per Learning Programmes recorded against this Qual
Core	66610	Further Education and Training Certificate: Short Term Insurance	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-07-30	As per Learning Programmes recorded against this Qual
Core	65529	Further Education and Training Certificate: Transport Operations	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	TETA
Elective	61451	Further Education and Training Certificate: Criminology	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	SAS SETA
Elective	49649	Further Education and Training Certificate: Long-term Insurance	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	INSETA
Elective	49529	Further Education and Training Certificate: Long-Term Risk Assessment	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	INSETA
Elective	57613	Further Education and Training Certificate: Short-Term Risk Management	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2012-06-30	INSETA
Elective	66613	Further Education and Training Certificate: Wealth Management	Level 4	NQF Level 04	Passed the End Date - Status was "Reregistered"	2023-06-30	As per Learning Programmes recorded against this Qual

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.	Edu Wize Group Pty Ltd
2.	Learning Exchange Pty (Ltd)
3.	Quantum Leap College Pty Ltd
4.	Training Consultant and SD College
5.	True-Blue Training (Pty) Ltd