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

financial fraud examinertoinsurance fraud investigator

A financial fraud examiner already meets 23% of what the insurance fraud investigator role asks for. The move turns on 10 required skills not yet in the profile.

From financial fraud examiner
23%
Overlap1
To insurance fraud investigator
6 Skills carried over
10 Required, not held
71.3 Difficulty2
Career overlap Distant match

23%

Learning distance Substantial retraining

71.3/ 100

1 Share of the insurance fraud investigator role’s weighted skill requirement already met by the financial fraud examiner 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 insurance fraud investigator role treats 3 of its required skills as things a financial fraud examiner already does. These are the ones it depends on most.

  • conduct financial audits
  • detect financial crime
  • fraud detection

What stands in the way is 10 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 6 skills that carry over, these are the ones fewest other occupations ask for. A insurance fraud investigator role needs them, and most people applying for one will not have them already. This is the part of a financial fraud examiner background worth leading with.

Skill the target role also needs Area
  • already held detect financial crime information skills
  • already held interpret law communication, collaboration and creativity
  • already held prepare financial auditing reports information skills
  • already held fraud detection services
  • already held conduct financial audits information skills
  • already held trace financial transactions information skills

All 6 carried skills, including the 3 the insurance fraud investigator role treats as required.

Table 3

Table 3 · What you would need to learn

The 20 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 principles of insurance required
  • required, not held insurance law required
  • required, not held types of insurance required
  • optional, not held debt systems optional
02 communication, collaboration and creativity 3 required, 2 supplementary
  • required, not held assess customer credibility required
  • required, not held interview insurance claimants required
  • required, not held assist police investigations required
  • optional, not held manage claims process optional
  • optional, not held present evidence optional
03 information skills 2 required, 7 supplementary
  • required, not held analyse claim files required
  • required, not held review insurance process required
  • optional, not held classify insurance claims optional
  • optional, not held collect property financial information optional
  • optional, not held manage claim files optional
  • optional, not held analyse financial risk optional
  • optional, not held document evidence optional
  • optional, not held obtain financial information optional
  • optional, not held perform debt investigation optional
04 natural sciences, mathematics and statistics 1 required
  • required, not held actuarial science required
Table 4

Table 4 · Where to start

The 3 entries a insurance fraud investigator 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 6 skills that carry over
Skill Type
  • already held conduct financial audits skill
  • already held detect financial crime skill
  • already held fraud detection knowledge
  • already held interpret law skill
  • already held prepare financial auditing reports skill
  • already held trace financial transactions skill
10 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held classify insurance claims optional
  • optional, not held collect property financial information optional
  • optional, not held manage claim files optional
  • optional, not held analyse financial risk optional
  • optional, not held debt systems optional
  • optional, not held document evidence optional
  • optional, not held manage claims process optional
  • optional, not held obtain financial information optional
  • optional, not held perform debt investigation optional
  • optional, not held present evidence optional
20 held skills the insurance fraud investigator role does not ask for
Skill Type
  • not needed by the target role anti-dumping law knowledge
  • not needed by the target role banking activities knowledge
  • not needed by the target role criminal law knowledge
  • not needed by the target role ensure compliance with accounting conventions skill
  • not needed by the target role financial jurisdiction knowledge
  • not needed by the target role financial products knowledge
  • not needed by the target role financial statements knowledge
  • not needed by the target role forensic intelligence knowledge
  • not needed by the target role identify accounting errors skill
  • not needed by the target role identify if a company is a going concern skill
  • not needed by the target role international financial reporting standards knowledge
  • not needed by the target role international law knowledge
  • not needed by the target role interpret financial statements skill
  • not needed by the target role liaise with managers skill
  • not needed by the target role manage corporate bank accounts skill
  • not needed by the target role national generally accepted accounting principles knowledge
  • not needed by the target role perform forensic accounting skill
  • not needed by the target role prepare financial statements skill
  • not needed by the target role public offering knowledge
  • not needed by the target role tax legislation knowledge
6 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 claims procedures required
  • required, not held principles of insurance required
  • required, not held insurance law required
  • required, not held types of insurance required
  • optional, not held debt systems optional
Index

Other moves recorded from financial fraud examiner

Full index of moves from financial fraud examiner

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.