Table 1Transition record

insurance agency managertoinsurance product manager

A insurance agency manager already meets 70% of what the insurance product manager role asks for. The move turns on 7 required skills not yet in the profile.

From insurance agency manager

70%

Overlap1

To insurance product manager

26 Skills carried over

7 Required, not held

36.8 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 36.8

This move: 36.8 of 100 · moderate

1 Share of the insurance product manager role’s weighted skill requirement already met by the insurance agency manager 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 26 skills that carry over, these are the ones fewest other occupations ask for. A insurance product manager role needs them, and most people applying for one will not have them already. This is the part of a insurance agency manager background worth leading with.

Skill the target role also needs Area

already held sell insurance communication, collaboration and creativity
already held create cooperation modalities communication, collaboration and creativity
already held create insurance policies communication, collaboration and creativity
already held insurance market business, administration and law
already held plan marketing campaigns management skills
already held insurance law business, administration and law

All 26 carried skills, including the 19 the insurance product manager role treats as required.

Table 3

Table 3 · What you would need to learn

The 13 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, 1 supplementary

required, not held sales strategies required
required, not held financial products required
required, not held marketing management required

optional, not held modern portfolio theory optional

02 management skills 2 required, 1 supplementary

required, not held develop financial products required
required, not held supervise sales activities required

optional, not held develop investment portfolio optional

03 communication, collaboration and creativity 1 required, 3 supplementary

required, not held promote financial products required

optional, not held deliver a sales pitch optional
optional, not held ensure cross-department cooperation optional
optional, not held review investment portfolios optional

04 information skills 1 required

required, not held analyse financial risk required

05 natural sciences, mathematics and statistics 1 supplementary

optional, not held statistics optional

Table 4

Table 4 · Where to start

The 3 entries a insurance product manager 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 26 skills that carry over

Skill Type

already held advise on financial matters skill
already held analyse financial performance of a company skill
already held analyse market financial trends skill
already held corporate social responsibility knowledge
already held create a financial plan skill
already held create insurance policies skill
already held enforce financial policies skill
already held financial analysis knowledge
already held financial management knowledge
already held financial statements knowledge
already held follow company standards skill
already held insurance law knowledge
already held insurance market knowledge
already held liaise with managers skill
already held manage financial risk skill
already held plan marketing campaigns skill
already held principles of insurance knowledge
already held strive for company growth skill
already held types of insurance knowledge
already held create cooperation modalities skill
already held manage staff skill
already held obtain financial information skill
already held perform market research skill
already held plan health and safety procedures skill
already held recruit employees skill
already held sell insurance skill

6 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held deliver a sales pitch optional
optional, not held develop investment portfolio optional
optional, not held ensure cross-department cooperation optional
optional, not held modern portfolio theory optional
optional, not held review investment portfolios optional
optional, not held statistics optional

37 held skills the insurance product manager role does not ask for

Skill Type

not needed by the target role accounting techniques knowledge
not needed by the target role advise on investment skill
not needed by the target role align efforts towards business development skill
not needed by the target role analyse business plans skill
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 build business relationships skill
not needed by the target role business management principles knowledge
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 contract law knowledge
not needed by the target role control financial resources 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 underwriting guidelines skill
not needed by the target role decide on insurance applications skill
not needed by the target role ensure compliance with company regulations 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 lead claim examiners skill
not needed by the target role make investment decisions skill
not needed by the target role make strategic business 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 organise a damage assessment skill
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 supervise accounting operations skill
not needed by the target role synthesise financial information skill
not needed by the target role tax legislation 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 sales strategies required
required, not held financial products required
required, not held marketing management required
optional, not held modern portfolio theory optional
optional, not held statistics optional

Index

Other moves recorded from insurance agency manager

Full index of moves from insurance agency manager

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.