Insurance agency manager to bank manager

• already held accounting techniques knowledge
• already held align efforts towards business development skill
• already held analyse business plans skill
• already held analyse financial performance of a company skill
• already held analyse market financial trends skill
• already held business management principles knowledge
• already held control financial resources skill
• already held corporate social responsibility knowledge
• already held create a financial plan skill
• already held enforce financial policies skill
• already held ensure compliance with company regulations skill
• already held financial analysis knowledge
• already held financial management knowledge
• already held financial statements knowledge
• already held follow company standards skill
• already held make strategic business decisions skill
• already held manage staff skill
• already held recruit employees skill
• already held strive for company growth skill
• already held advise on financial matters skill
• already held advise on investment skill
• already held build business relationships skill
• already held contract law knowledge
• already held liaise with managers skill
• already held manage financial risk skill
• already held plan health and safety procedures skill
• already held synthesise financial information skill
• already held tax legislation knowledge

• optional, not held abide by business ethical code of conducts optional
• optional, not held consult credit score optional
• optional, not held guarantee customer satisfaction optional
• optional, not held monitor national economy optional
• optional, not held offer financial services optional
• optional, not held business loans optional
• optional, not held conclude business agreements optional
• optional, not held ensure lawful business operations optional
• optional, not held evaluate performance of organisational collaborators optional
• optional, not held financial products optional
• optional, not held marketing principles optional
• optional, not held mortgage loans optional
• optional, not held negotiate with stakeholders optional
• optional, not held recruit personnel optional
• optional, not held report on overall management of a business optional
• optional, not held shape corporate culture optional
• optional, not held train employees optional

• not needed by the target role analyse claim files skill
• not needed by the target role analyse insurance needs skill
• not needed by the target role analyse insurance risk skill
• not needed by the target role apply technical communication skills skill
• not needed by the target role calculate insurance rate skill
• not needed by the target role check accounting records skill
• not needed by the target role claims procedures knowledge
• not needed by the target role compile statistical data for insurance purposes skill
• not needed by the target role coordinate marketing plan actions skill
• not needed by the target role coordinate operational activities skill
• not needed by the target role create cooperation modalities skill
• not needed by the target role create insurance policies skill
• not needed by the target role create underwriting guidelines skill
• not needed by the target role decide on insurance applications skill
• not needed by the target role estimate damage skill
• not needed by the target role identify clients' needs skill
• not needed by the target role insurance law knowledge
• not needed by the target role insurance market knowledge
• not needed by the target role lead claim examiners skill
• not needed by the target role make investment decisions skill
• not needed by the target role manage claim files skill
• not needed by the target role manage contract disputes skill
• not needed by the target role manage contracts skill
• not needed by the target role obtain financial information skill
• not needed by the target role organise a damage assessment skill
• not needed by the target role perform market research skill
• not needed by the target role plan marketing campaigns skill
• not needed by the target role principles of insurance knowledge
• not needed by the target role produce materials for decision making skill
• not needed by the target role provide cost benefit analysis reports skill
• not needed by the target role represent the organisation skill
• not needed by the target role review insurance process skill
• not needed by the target role sell insurance skill
• not needed by the target role supervise accounting operations skill
• not needed by the target role types of insurance knowledge

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

• still to learn investment analysis required
• still to learn banking activities required
• still to learn financial jurisdiction required
• still to learn securities required
• optional, not held business loans optional
• optional, not held financial products optional
• optional, not held marketing principles optional
• optional, not held mortgage loans optional

Yes, and it is a moderate move. An insurance agency manager already covers 55% of what a bank manager is expected to do: 28 skills carry over, 19 of which the bank manager role treats as required.

12 required skills are missing, plus 17 optional ones. They fall into 5 areas of the ESCO skill hierarchy, led by business, administration and law. The single most important is investment analysis.

Its learning distance is 54.1 out of 100, which is the moderate band. That accounts for both how much is missing and how specialised those skills are.