Strategic Goal 2: Increased Access to Occupationally directed Programmes

This goal is aimed at increasing the intermediate and higher level professional qualifications (such as business and systems analysts, chartered accountants, actuaries, underwriters and risk managers) within the sector, and assisting new entrants (entry level), and those that require work experience to qualify into the sector. The impact of this will be youth with sought after and specialised qualifications.

In order to achieve this goal, four strategic objectives have been identified. Table 6-2: Increased access to occupationally directed programmes

SECTOR SKILLS PLAN 2014 Page 166 Objectives 2.1 Support youth to

obtain scarce & critical qualifications 2.2 Assist youth with workplace practical experience & skills 2.3 Foster partnerships between education & training institutions. (FETUOT Employers) to provide for workplace training 2.4 Improve access to post-school learning sites, including work places Baseline Approximately 200 youth have been supported at tertiary level

An average of 800 youth per annum over the last 5 years

5 FET college contracts have been entered into No baseline Indicators Completion of qualification Completion of qualification Learner development, alignment of curricular with workplace requirements & lecturer development Numbers of graduates assisted to gain work experience & number of learners with qualifications

Interventions Develop: Black actuaries, business & systems analysts, & interventions that address priority skills in the sector

Place: new entrants into learnership and internship programmes,& FET college students in work places

Partner with FET colleges to deliver qualifications Identify opportunities for collaboration & curriculum alignment to workplace requirements, develop lecturers through structured programmes & build capacity for delivery of new occupational qualifications Provide bridging programmes to facilitate learners into the workplace, pay work experience grants to learners, link FET colleges & universities of technology with workplaces & provide articulation opportunities

Strategic Outcome Oriented Goal 2: Increased Access to Occupationally Directed Programmes

Strategic Objective 2.1 Support youth to obtain scarce & critical skills through occupationally related qualifications

Strategic Objective 2.2 Assist youth with practical workplace experience & skills

Strategic Objective 2.3 Foster partnerships between public education & training institutions (FETUOT employers) to provide workplace training

Strategic Objective 2.4 Improve access to post-school learning sites, including work places

The INSETA supports youth to gain scarce and critical skills qualifications in the form of PIVOTAL2

programmes to enhance the employability, employment and growth of the sector. In order to reinforce race and gender transformation across the sector in line with the NSDS III, the INSETA assists Black and female learners in particular.

The INSETA supports learning towards qualifications pertinent to the insurance sector’s scarce and critical skills namely:

x Black actuaries

x Business and systems analysts x Principal officers and trustees x Claims assessors x Underwriters x Co-operative managers x Financial advisors

In order to reach youth and to offer relevant qualifications, partnerships will be forged with FET colleges, training providers and universities. The INSETA supports building the capacity of FET colleges to deliver qualifications that are aligned to workplace requirements. By way of example, in 2012 the UWC, in collaboration with the College of Cape Town, South Cape College, Northlink College, and False Bay College, delivered the Wealth Management Level 5 learnership that articulates with the UWC ADM. A further three provinces shall commence in 2013. This builds the sustainability and relevance of the FET colleges, as well as provides a relevant and occupationally directed qualification and workplace learning for learners.

6.5.1 Articulation of the wealth management career pathway

INSETA continues to support the Articulation Initiative launched in 2010 by providing funding for learnership candidates to register with Technical Vocational Education and Training (TVET) colleges to complete their National Qualification Framework (NQF) level 5 Wealth Management Qualification. Once they have

SECTOR SKILLS PLAN 2014 Page 168 completed this qualification, learnership candidates will be able to advance to university, and they will be provided with a bursary from INSETA (Insider, June 2014).

6.5.2 Partnerships with universities TVET colleges to provide bursaries in scarce

and critical skills

Large numbers of college graduates are seeking work experience opportunities to increase their

employability. INSETA had budgeted over R 90 million to place unemployed youths, including graduates into the workplace in learnerships, internships and work experience programmes (Under the spotlight at the recent stakeholder forums, (Mabika, The INSETA Insider, June 2014).

INSETA partnered with public universities and TVET colleges to support unemployed learners studying towards full qualifications in areas of scarce and critical skills in the insurance sector. A total of 712 unemployed learners received bursary funding and 83% successfully completed their studies. The ETQA will be supporting the colleges to implement INSETA programmes and capacitating lecturers in this regard. INSETA is appointed as a lead SETA for two E Cape colleges (Ikhala and Ingwe) and one in Gauteng (Ekurhuleni West) .

6.5.3 Key Developmental and Transformation imperatives

In order to access discretionary grants the programme applied for must promote the key Developmental and Transformation Imperatives of the NSDS. In line with regulations and NSDS III transformational imperatives the following evaluation criteria will apply to all applications:

Equity profile: the beneficiaries eligible for funding will be 85% Black, 54% Women and 4% people with disabilities

Class: consideration will be given to youth from poor and marginalised communities

Geography: INSETA will encourage national recruitment, including recruitment from rural areas HIV/AIDS: all learning programmes funded by INSETA must include a component of HIV/AIDS education, not necessarily credit bearing (INSETA, June 2014).

In addition, the INSETA supports the placement of new entrants in learnerships, internships, and workplace learning.

As such, the INSETA supports the progression of learners from gaining access to workplace learning, to acquiring part and full qualifications, to being placed in the sector as well as building the capacity of public providers for sustainable provision of such scarce and critical skills. The learning supported also spans both entry-level and high-level qualifications.

6.5.4 Resource Considerations

The expenditure of the increased access to occupationally directed programmes will be targeted at 35% of the annual discretionary grant allocation. Key staff considerations will be to use current resources, as well as contractors and providers with specialist skills.

6.6

Strategic Goal 3: Encouraging Better Use of Workplace-Based Skills