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ORDER OF THE MINISTER OF LABOUR AND SOCIAL PROTECTION OF THE POPULATION OF THE REPUBLIC OF KAZAKHSTAN

of December 30, 2024 No. 508

About approval of the professional Insurance standard

According to Item 5 of article 5 of the Law of the Republic of Kazakhstan "About professional qualifications" PRIKAZYVAYU:

1. Approve the professional Insurance standard according to appendix to this order.

2. Declare invalid the order of the Minister of Labour and Social Protection of the population of the Republic of Kazakhstan of May 16, 2019 No. 253 "About approval of the professional Insurance standard (it is registered in the Register of state registration of regulatory legal acts at No. 18692).

3. To provide to department of work and social partnership of the Ministry of Labour and Social Protection of the population of the Republic of Kazakhstan in the procedure established by the legislation:

1) within five working days after signing of this order the direction it in the Kazakh and Russian languages in the Republican state company on the right of economic maintaining "Institute of the legislation and legal information of the Republic of Kazakhstan" the Ministries of Justice of the Republic of Kazakhstan for official publication and inclusion in Reference control bank of regulatory legal acts of the Republic of Kazakhstan;

2) placement of this order on Internet resource of the Ministry of Labour and Social Protection of the population of the Republic of Kazakhstan.

4. To impose control of execution of this order on the supervising vice-Minister of Labour and Social Protection of the population of the Republic of Kazakhstan.

5. This order becomes effective after ten calendar days after day of its first official publication.

Minister

S. Zhakupova

Appendix

to the Order of the Minister of Labour and Social Protection of the population of the Republic of Kazakhstan of December 30, 2024 No. 508

Professional Insurance standard

Chapter 1. General provisions

1. Scope of the professional standard: The professional Insurance standard determines requirements to skill level and competence, to content, quality and working conditions, and also is intended for forming of educational programs, including for personnel training, development of materials for certification of workers and graduates of the organizations of education, the solution of wide range of tasks in activities for insurance. Based on this professional standard of the organization can develop for internal application corporate professional standards on workers with refining of level of professional education, the list of labor functions, knowledge, skills taking into account features of production organization, work and management, their responsibility. The professional Insurance standard is applied on the services rendered by the state legal entities.

2. In this professional standard the following terms and determinations are applied:

1) Adzhaster is the Employee of the insurance (reinsurance) organization as whom enter consideration of the application on insurance payment and damage assessment from insured event.

2) Underwriter – The employee of the insurance (reinsurance) organization as whom enter assessment of the insurance risks accepted on insurance, and determination of conditions of insurance contracts (reinsurance).

3) Assistans – Provision by insurance companies, legal entities of the help to the insurer (insured, to the beneficiary) who got into difficulties during its travel or its stay in the distance from the residence in the form of money and (or) in natural and material form through technical, medical assistance owing to loss occurrence.

4) Knowledge – The studied and acquired information necessary for accomplishment of actions within professional task.

5) Skill – Capability apply knowledge and abilities, allowing to carry out professional task entirely.

6) Reserve of not earned premiums – The part of insurance premium (fees) according to the insurance contract (reinsurance) relating to the period of action of insurance protection which remained for settlement date (not earned premium), intended for obligation fulfillment on ensuring the forthcoming payments in case of their origin in the next accounting periods.

7) the Reserve occurred, but unclaimed losses – Assessment of obligations of the insurance (reinsurance) organization on implementation of insurance payments, including expenses on settlement of the losses which arose in connection with the insured events which occurred in reporting or the periods preceding it about the approach fact which in the procedure established by the law of the Republic of Kazakhstan or the agreement it is not told the insurance (reinsurance) organization in reporting or the periods preceding it.

8) Reserve of the declared, but not settled losses – Assessment of the unexecuted or fulfilled not completely on reporting date obligations of the insurance (reinsurance) organization on implementation of insurance payments, including expenses on settlement of losses.

9) Ability – Capability physically and (or) intellectually to perform separate single operations within professional task.

3. In this professional standard the following reducings are applied:

1) KS – Job evaluation catalog of positions of heads, specialists and other employees.

2) ORK – Industry frame of qualifications.

3) OKED – General state qualifier of types of economic activity.

Chapter 2. Passport of the professional standard

4. Name of the professional standard: Professional Insurance standard

5. Code of the professional standard: K65112007

6. Instruction of section, the Section, group, class and subclass agrees OKED:

K Financial and insurance activity

65 Insurance, reinsurance and provision of pensions, except obligatory social security

65.1 Insurance

65.11 Life insurance

65.11.2 Non-state life insurance

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