Advertise Here


IconAssociations and Institutes
IconBBBEE Consulting and Verification Agencies
IconCompare Medical Scheme Benefits
IconConsumer Protection
IconCorporate Governance
IconCredit Bureaus
IconEmergency Medical Rescue
IconExpatriate Cover
IconHealthcare Consultants
IconMedical Aid Brokers
IconMedical Aid Schemes
IconMedical Malpractice Cover
IconMedical Schemes Trustees Liability Insurance
IconMedical Service Providers
IconOnline Quotes
IconRegulatory Authorities
IconWellness Programs
  Subscribe To »

IRMSA process leads to recognition of Risk Management as an occupation







Pieter le Roux, chairperson of the IRMSA Education and Technical Sub-Committee (the Committee), in conjunction with the members of the IRMSA Executive Committee, identified that more has to be done for members in terms of identifying gaps related to the profession, the members’ needs and how these needs will be addressed. His involvement with the Compliance Institute of South Africa (CISA) prompted him to investigate whether the Risk Management occupation is registered as an occupation with the Department of Labour (which it wasn’t) and then the Committee proactively embarked on a prolific journey of getting the occupation registered. Tasked by the Executive Committee and mandated by stakeholders spelt the beginning of a process referred to as the QCTO (Quality Council for Trades and Occupations) process with the assistance of a QCTO facilitator/consultant Jurie van Zyl.


It was formally announced in February 2010 that the Organisational Risk Manager was registered as an occupation.  As part of the Organising Framework for Occupations (OFO), this means that IRMSA will now proceed to the next step which is to ensure that the Occupational Curriculum and Qualification is developed for Risk Managers.


Apart from celebrating this registration, IRMSA has recently received notification that The Banking Sector Education and Training Authority (BANKSETA) has agreed to sponsor the development of the QCTO curriculum and qualification for the “Organisational Risk Manager” during the 2010/2011 financial year. The advantage of developing this curriculum and qualification is that Training and Development providers can also develop their own course material in line with the curriculum and qualification once developed and registered with QCTO.


The wonderful thing is that the qualification will be generic and fit - for - purpose for anybody wanting to study Risk Management and therefore it will be applicable to various industries be it in Banking, Insurance, Construction etc. because the qualification will address generic Risk Management Principles. Providers can then develop material based on the specific Industry’s requirements. Whilst this is achieved, we will register IRMSA with SAQA as a Professional Body as well as IRMSA’s professional designations. The long-term view is that candidates would submit to a board exam for a summative assessment giving them professional status if successful and allowing them to add a specific designation after their surname. 


We salute Pieter and the Committee for the incredible work he and the members have done and we are very excited to see what the developments will be!


*This qualification will be endorsed by IRMSA, registered with SAQA and aligned with International Standards.

Source: Institute of Risk Management SA
« Back to previous page Print this page » |

Breaking News »

Covid-19 shines spotlight on gaping holes in personal risk planning and responding insurance solutions

The Covid-19 pandemic has pulled a critical thread, unravelling the fibre of every economic and social structure, across countries, continents and communities. In the wake of soaring infections, hospitalisations ...
Read More »


COVID-19 and guidance for the medical profession

The Health Professions Council of South Africa (HPCSA) has recognised the severity of the COVID-19 outbreak and provided special guidelines that will apply during the pandemic. The HPCSA will continue to operate, ...
Read More »


Notification obligations under a medical malpractice insurance policy

Medical malpractice insurance is a practical necessity in the current litigious environment, writes Aneesa Bodiat of Natmed Medical Defence (http://www. mobi/), as an unfavourable judgment can lead to severe financial ...
Read More »



The COVID-19 pandemic has created a unique set of circumstances for medical professionals, many of whom would do well to be seek clarity from their professional insurers as they are called on to step into unfamiliar ...
Read More »


More News »


Investment »


Life »


Retirement »


Short-term »

Advertise Here
Advertise Here

From The Glossary »


Gross Line:

The total limit of liability accepted by an insurer on an individual risk (i. e. retention plus all reinsurance ceded).
More Definitions »






Contact IG


Media Pack


RSS Feeds

By using this website you agree to the Terms of Use.
Copyright © Insurance Gateway (Pty) Ltd 2004 - 2020. All Rights Reserved.