Table 1Transition record

credit advisertoinsurance rating analyst

A credit adviser already meets 56% of what the insurance rating analyst role asks for. The move turns on 5 required skills not yet in the profile.

From credit adviser

56%

Overlap1

To insurance rating analyst

16 Skills carried over

5 Required, not held

43.9 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 43.9

This move: 43.9 of 100 · moderate

1 Share of the insurance rating analyst role’s weighted skill requirement already met by the credit adviser 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 insurance rating analyst role needs them, and most people applying for one will not have them already. This is the part of a credit adviser background worth leading with.

Skill the target role also needs Area

already held prepare credit reports information skills
already held forecast future levels of business information skills
already held advise on credit rating communication, collaboration and creativity
already held perform debt investigation information skills
already held analyse loans information skills
already held credit control processes business, administration and law

All 16 carried skills, including the 8 the insurance rating analyst role treats as required.

Table 3

Table 3 · What you would need to learn

The 15 missing skills fall into 6 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 principles of insurance required
required, not held insurance law required
required, not held insurance market required
required, not held types of insurance required

optional, not held modern portfolio theory optional

02 natural sciences, mathematics and statistics 1 required, 1 supplementary

required, not held actuarial science required

optional, not held statistics optional

03 communication, collaboration and creativity 3 supplementary

optional, not held promote financial products optional
optional, not held build business relationships optional
optional, not held create cooperation modalities optional

04 information skills 3 supplementary

optional, not held create underwriting guidelines optional
optional, not held analyse financial performance of a company optional
optional, not held analyse insurance risk optional

05 assisting and caring 1 supplementary

optional, not held apply credit risk policy optional

06 management skills 1 supplementary

optional, not held create credit policy optional

Table 4

Table 4 · Where to start

The 3 entries a insurance rating analyst 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 advise on financial matters skill
already held analyse financial risk skill
already held analyse loans skill
already held credit control processes knowledge
already held examine credit ratings skill
already held obtain financial information skill
already held prepare credit reports skill
already held synthesise financial information skill
already held advise on credit rating skill
already held advise on risk management skill
already held communicate with banking professionals skill
already held consult credit score skill
already held debt systems knowledge
already held forecast future levels of business skill
already held perform debt investigation skill
already held review investment portfolios skill

10 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held create credit policy optional
optional, not held create underwriting guidelines optional
optional, not held promote financial products optional
optional, not held analyse financial performance of a company optional
optional, not held analyse insurance risk optional
optional, not held apply credit risk policy optional
optional, not held build business relationships optional
optional, not held create cooperation modalities optional
optional, not held modern portfolio theory optional
optional, not held statistics optional

31 held skills the insurance rating analyst role does not ask for

Skill Type

not needed by the target role accounting techniques knowledge
not needed by the target role analyse the credit history of potential customers skill
not needed by the target role assess debtor's financial situation skill
not needed by the target role assess risks of clients' assets skill
not needed by the target role audit techniques knowledge
not needed by the target role banking activities knowledge
not needed by the target role budget for financial needs skill
not needed by the target role business loans knowledge
not needed by the target role consumer protection knowledge
not needed by the target role corporate social responsibility knowledge
not needed by the target role create a financial plan skill
not needed by the target role credit card payments knowledge
not needed by the target role determine loan conditions skill
not needed by the target role develop investment portfolio skill
not needed by the target role economics knowledge
not needed by the target role financial products knowledge
not needed by the target role insolvency law knowledge
not needed by the target role interpret financial statements skill
not needed by the target role interview bank loanees skill
not needed by the target role investment analysis knowledge
not needed by the target role maintain client debt records skill
not needed by the target role maintain credit history of clients skill
not needed by the target role microfinance knowledge
not needed by the target role monitor national economy skill
not needed by the target role mortgage loans knowledge
not needed by the target role prepare credit offers skill
not needed by the target role property law knowledge
not needed by the target role provide financial product information skill
not needed by the target role provide support in financial calculation skill
not needed by the target role securities knowledge
not needed by the target role tax legislation knowledge

7 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 actuarial science required
required, not held principles of insurance required
required, not held insurance law required
required, not held insurance market required
required, not held types of insurance required
optional, not held modern portfolio theory optional
optional, not held statistics optional

Index

Other moves recorded from credit adviser

Full index of moves from credit adviser

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.