| DESCRIPTION: |
| N/A |
| AWARDING CRITERIA |
| For the Professional Designation to be awarded, professionals must comply with the following minimum requirements: |
| Underlying Registered Qualification or Part Qualification: |
| A Bachelor of Commerce Insurance Science at NQF Level 7, or a relevant NQF Level 7 qualification with at least 4 of the following modules or subjects : economics, strategic management, finance, investment management , marketing management, corporate governance , management, or leadership. |
| Experiential Learning or Experience |
| Five years' experience in insurance, financial services and or related sector; have practiced as an Associate for at least one year and be employed within the insurance industry or related sector. |
| Competency Assessment |
| Documents submitted by applicants undergo an assessment by the IISA Membership Committee. |
| Designation RPL Statement |
| This Designation may be awarded through Recognition of Prior Learning. |
| RETAINING CRITERIA |
| In order to ensure the currency of professional knowledge and to retain the Professional Designation, the professional must comply with the following minimum requirements: |
| Code of Conduct |
| Members must adhere to the Professional Body Codes of Conduct and Ethics. |
| Continuing Professional Development (CPD) |
| To maintain registration as a Fellowship of the IISA (FIISA), the member must accumulate 18 CPD hours annually. |
| Fees |
| Ensure that the annual membership fee is paid. |