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

actuarial consultanttomortgage loan underwriter

A actuarial consultant already meets 48% of what the mortgage loan underwriter role asks for. The move turns on 5 required skills not yet in the profile.

From actuarial consultant
48%
Overlap1
To mortgage loan underwriter
11 Skills carried over
5 Required, not held
48.4 Difficulty2
Career overlap Partial match

48%

Learning distance Real move, short list to learn

48.4/ 100

1 Share of the mortgage loan underwriter 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.

Why

Why this move works

A mortgage loan underwriter role treats 6 of its required skills as things a actuarial consultant already does. These are the ones it depends on most.

  • actuarial science
  • analyse financial risk
  • analyse loans
  • banking activities
  • communicate with banking professionals
  • obtain financial information

What stands in the way is 5 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.

Table 2

Table 2 · What you already bring

Of the 11 skills that carry over, these are the ones fewest other occupations ask for. A mortgage loan underwriter 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 analyse loans information skills
  • already held credit control processes business, administration and law
  • already held consult credit score information skills
  • already held debt systems business, administration and law
  • already held examine credit ratings information skills
  • already held advise on risk management information skills

All 11 carried skills, including the 6 the mortgage loan underwriter role treats as required.

Table 3

Table 3 · What you would need to learn

The 15 missing skills fall into 5 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 3 required, 2 supplementary
  • required, not held real estate underwriting required
  • required, not held mortgage loans required
  • required, not held property law required
  • optional, not held foreclosure optional
  • optional, not held securities optional
02 information skills 2 required, 4 supplementary
  • required, not held examine mortgage loan documents required
  • required, not held interpret financial statements required
  • optional, not held collect property financial information optional
  • optional, not held create underwriting guidelines optional
  • optional, not held assess debtor's financial situation optional
  • optional, not held maintain credit history of clients optional
03 management skills 2 supplementary
  • optional, not held manage loan applications optional
  • optional, not held decide on loan applications optional
04 assisting and caring 1 supplementary
  • optional, not held apply credit risk policy optional
05 communication, collaboration and creativity 1 supplementary
  • optional, not held interview bank loanees optional
Table 4

Table 4 · Where to start

The 3 entries a mortgage loan 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 11 skills that carry over
Skill Type
  • already held actuarial science knowledge
  • already held analyse financial risk skill
  • already held analyse loans skill
  • already held banking activities knowledge
  • already held communicate with banking professionals skill
  • already held obtain financial information skill
  • already held advise on risk management skill
  • already held consult credit score skill
  • already held credit control processes knowledge
  • already held debt systems knowledge
  • already held examine credit ratings skill
10 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 foreclosure optional
  • optional, not held manage loan applications optional
  • optional, not held apply credit risk policy optional
  • optional, not held assess debtor's financial situation optional
  • optional, not held decide on loan applications optional
  • optional, not held interview bank loanees optional
  • optional, not held maintain credit history of clients optional
  • optional, not held securities optional
24 held skills the mortgage loan underwriter 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 analyse insurance risk skill
  • 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 business loans knowledge
  • not needed by the target role create a financial plan skill
  • 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 insurance law knowledge
  • not needed by the target role insurance market knowledge
  • not needed by the target role modern portfolio theory knowledge
  • not needed by the target role perform risk analysis skill
  • not needed by the target role principles of insurance knowledge
  • 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 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 statistics knowledge
  • not needed by the target role synthesise financial information skill
  • not needed by the target role types of insurance knowledge
  • not needed by the target role types of pensions 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 real estate underwriting required
  • required, not held mortgage loans required
  • required, not held property law required
  • optional, not held foreclosure optional
  • optional, not held securities 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.