The Chartered Insurance Institute has launched an Insurance Competency Framework enabling businesses and individuals to determine the competencies individuals need to effectively fulfil their job roles.
The new framework has been developed after extensive consultation with employers and employees, and is available free from the CII website.
It has been designed to help meet regulatory compliance requirements by ensuring that insurance practitioners attain, and maintain, the required level of competence for the tasks they perform.
Tamsin Mills, director of accreditation services at the CII, said: "All firms in the insurance sector can use the framework, regardless of their area of speciality or location.
"The framework is structured around competencies rather than specific job roles, so it allows for the wide variations that exist in job roles from company to company.
"This means employers can select the competencies that are relevant to their particular circumstances and requirements, and build a specific competency profile for each job role within their organisation."
The next stage will see the CII's products and services mapped against the framework. This will allow employers and employees to see how CII services can be used to meet specific competencies. This is scheduled for introduction in 2013.