Table 1Transition record

actuarial consultanttoactuarial assistant

A actuarial consultant already meets 59% of what the actuarial assistant role asks for. The move turns on 5 required skills not yet in the profile.

From actuarial consultant

59%

Overlap1

To actuarial assistant

16 Skills carried over

5 Required, not held

37.9 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 37.9

This move: 37.9 of 100 · moderate

1 Share of the actuarial assistant role’s weighted skill requirement already met by the actuarial consultant 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 16 skills that carry over, these are the ones fewest other occupations ask for. A actuarial assistant role needs them, and most people applying for one will not have them already. This is the part of a actuarial consultant background worth leading with.

Skill the target role also needs Area

already held insurance market business, administration and law
already held produce statistical financial records information skills
already held analyse insurance risk information skills
already held consult credit score information skills
already held insurance law business, administration and law
already held principles of insurance business, administration and law

All 16 carried skills, including the 5 the actuarial assistant role treats as required.

Table 3

Table 3 · What you would need to learn

The 8 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 information skills 3 required

required, not held calculate insurance rate required
required, not held compile statistical data for insurance purposes required
required, not held carry out statistical forecasts required

02 business, administration and law 1 required, 1 supplementary

required, not held financial markets required

optional, not held risk management optional

03 natural sciences, mathematics and statistics 1 required

required, not held statistical analysis system software required

04 communication, collaboration and creativity 2 supplementary

optional, not held advise on insurance policies optional
optional, not held create insurance policies optional

Table 4

Table 4 · Where to start

The 3 entries a actuarial assistant 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 16 skills that carry over

Skill Type

already held actuarial science knowledge
already held analyse market financial trends skill
already held apply statistical analysis techniques skill
already held obtain financial information skill
already held statistics knowledge
already held analyse financial risk skill
already held analyse insurance risk skill
already held consult credit score skill
already held examine credit ratings skill
already held insurance law knowledge
already held insurance market knowledge
already held perform risk analysis skill
already held principles of insurance knowledge
already held produce statistical financial records skill
already held provide cost benefit analysis reports skill
already held types of insurance knowledge

3 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held advise on insurance policies optional
optional, not held create insurance policies optional
optional, not held risk management optional

19 held skills the actuarial assistant role does not ask for

Skill Type

not needed by the target role Monte Carlo simulation knowledge
not needed by the target role advise on financial matters skill
not needed by the target role advise on risk management skill
not needed by the target role analyse loans skill
not needed by the target role banking activities knowledge
not needed by the target role business loans knowledge
not needed by the target role communicate with banking professionals skill
not needed by the target role create a financial plan skill
not needed by the target role credit control processes knowledge
not needed by the target role debt systems knowledge
not needed by the target role develop investment portfolio skill
not needed by the target role empirical analysis knowledge
not needed by the target role financial products knowledge
not needed by the target role modern portfolio theory knowledge
not needed by the target role provide support in financial calculation skill
not needed by the target role quantitative analysis knowledge
not needed by the target role review investment portfolios skill
not needed by the target role synthesise financial information skill
not needed by the target role types of pensions knowledge

3 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 financial markets required
required, not held statistical analysis system software required
optional, not held risk management optional

Index

Other moves recorded from actuarial consultant

Full index of moves from actuarial consultant

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.