Career Overlap Transition record Edition 1 · ESCO v1.2.1
Table 1Transition record

actuarial assistanttoproperty insurance underwriter

A actuarial assistant already meets 33% of what the property insurance underwriter role asks for. The move turns on 11 required skills not yet in the profile.

From actuarial assistant
33%
Overlap1
To property insurance underwriter
10 Skills carried over
11 Required, not held
66.9 Difficulty2
adjacent 0–30
moderate 30–55
substantial 55–75
career change 75–100
this move, 66.9

This move: 66.9 of 100 · substantial

1 Share of the property insurance underwriter role’s weighted skill requirement already met by the actuarial assistant profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.

Table 2

Table 2 · What you already bring

Of the 10 skills that carry over, these are the ones fewest other occupations ask for. A property insurance underwriter role needs them, and most people applying for one will not have them already. This is the part of a actuarial assistant background worth leading with.

Skill the target role also needs Area
  • already held advise on insurance policies communication, collaboration and creativity
  • already held calculate insurance rate information skills
  • already held create insurance policies communication, collaboration and creativity
  • already held insurance market business, administration and law
  • already held analyse insurance risk information skills
  • already held insurance law business, administration and law

All 10 carried skills, including the 6 the property insurance underwriter role treats as required.

Table 3

Table 3 · What you would need to learn

The 23 missing skills fall into 4 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.

Skill to acquire Tier
01 business, administration and law 4 required, 1 supplementary
  • required, not held claims procedures required
  • required, not held real estate underwriting required
  • required, not held mortgage loans required
  • required, not held property law required
  • optional, not held real estate market optional
02 communication, collaboration and creativity 3 required, 4 supplementary
  • required, not held handle incoming insurance claims required
  • required, not held review investment portfolios required
  • required, not held track changes in text editing required
  • optional, not held negotiate on asset value optional
  • optional, not held analyse insurance needs optional
  • optional, not held handle financial disputes optional
  • optional, not held manage contract disputes optional
03 information skills 3 required, 4 supplementary
  • required, not held analyse claim files required
  • required, not held assess coverage possibilities required
  • required, not held review insurance process required
  • optional, not held collect property financial information optional
  • optional, not held create underwriting guidelines optional
  • optional, not held estimate damage optional
  • optional, not held examine mortgage loan documents optional
04 management skills 1 required, 3 supplementary
  • required, not held develop investment portfolio required
  • optional, not held decide on insurance applications optional
  • optional, not held manage loan applications optional
  • optional, not held organise a damage assessment optional
Table 4

Table 4 · Where to start

The 3 entries a property insurance underwriter role is least likely to hire without. The ordering is computed from the skill data, not from what pays.

Each entry opens a course search for that skill. Career Overlap earns nothing from these links.

Appendix

Appendix · The rest of the record

All 10 skills that carry over
Skill Type
  • already held actuarial science knowledge
  • already held analyse financial risk skill
  • already held analyse insurance risk skill
  • already held insurance law knowledge
  • already held principles of insurance knowledge
  • already held types of insurance knowledge
  • already held advise on insurance policies skill
  • already held calculate insurance rate skill
  • already held create insurance policies skill
  • already held insurance market knowledge
12 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held collect property financial information optional
  • optional, not held create underwriting guidelines optional
  • optional, not held decide on insurance applications optional
  • optional, not held estimate damage optional
  • optional, not held manage loan applications optional
  • optional, not held negotiate on asset value optional
  • optional, not held analyse insurance needs optional
  • optional, not held examine mortgage loan documents optional
  • optional, not held handle financial disputes optional
  • optional, not held manage contract disputes optional
  • optional, not held organise a damage assessment optional
  • optional, not held real estate market optional
14 held skills the property insurance underwriter role does not ask for
Skill Type
  • not needed by the target role analyse market financial trends skill
  • not needed by the target role apply statistical analysis techniques skill
  • not needed by the target role carry out statistical forecasts skill
  • not needed by the target role compile statistical data for insurance purposes skill
  • not needed by the target role consult credit score skill
  • not needed by the target role examine credit ratings skill
  • not needed by the target role financial markets knowledge
  • not needed by the target role obtain financial information skill
  • not needed by the target role perform risk analysis skill
  • not needed by the target role produce statistical financial records skill
  • not needed by the target role provide cost benefit analysis reports skill
  • not needed by the target role risk management knowledge
  • not needed by the target role statistical analysis system software knowledge
  • not needed by the target role statistics knowledge
5 gaps that are knowledge rather than practice

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

Skill to acquire Tier
  • required, not held claims procedures required
  • required, not held real estate underwriting required
  • required, not held mortgage loans required
  • required, not held property law required
  • optional, not held real estate market optional
Index
Note

How this record was compiled

Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.