Insurance clerk to investment clerk
An insurance clerk already meets 65% of what the investment clerk role asks for. The move turns on 5 required skills not yet in the profile.
37.1/ 100
1 How much of what an investment clerk is expected to do is already part of an insurance clerk’s work. Directional: the figure for the reverse move differs, because moving into a speciality is not the same problem as moving out of one. 2 Every skill the investment clerk role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
An investment clerk role treats 14 of its required skills as things an insurance clerk already does. You would walk in with these on day one.
- banking activities
- electronic communication
- follow written instructions
- handle financial transactions
- handle paperwork
- maintain records of financial transactions
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 · What you already bring
Of the 18 skills that carry over, these are the ones fewest other occupations ask for. An investment clerk role needs them, and most people applying for one will not have them already. This is the part of an insurance clerk background worth leading with.
- already held handle paperwork management skills
- already held offer financial services communication, collaboration and creativity
- already held perform office routine activities management skills
- already held provide financial product information communication, collaboration and creativity
- already held use office systems management skills
- already held electronic communication engineering, manufacturing and construction
All 18 carried skills, including the 14 the investment clerk role treats as required.
Table 3 · What you may need to learn
The 14 missing skills fall into 6 areas of the ESCO skill hierarchy, numbered in the order worth working in. Areas carrying the most required skills come first, and inside each one the required skills sit above the optional ones. Nothing here is a verdict on you: it is a list of what this particular job asks for that your current one does not.
- still to learn handle mail required
- still to learn disseminate messages to people required
- still to learn organise business documents required
- optional, not held deliver correspondence optional
- optional, not held organise facilities for office personnel optional
- still to learn customer service required
- optional, not held accounting techniques optional
- optional, not held financial markets optional
- optional, not held financial products optional
- optional, not held securities optional
- still to learn use different communication channels required
- optional, not held ensure proper document management optional
- optional, not held economics optional
- optional, not held digitise documents optional
Table 4 · Where to start
The 3 entries an investment clerk role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 customer service study this
- 02 handle mail practise this
- 03 disseminate messages to people practise this
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 18 skills that carry over
- already held banking activities knowledge
- already held electronic communication knowledge
- already held follow written instructions skill
- already held handle financial transactions skill
- already held handle paperwork skill
- already held maintain records of financial transactions skill
- already held offer financial services skill
- already held office software knowledge
- already held perform clerical duties skill
- already held perform office routine activities skill
- already held present reports skill
- already held provide financial product information skill
- already held use office systems skill
- already held write work-related reports skill
- already held communicate with banking professionals skill
- already held communicate with customers skill
- already held obtain financial information skill
- already held trace financial transactions skill
9 supplementary skills, helpful but not required
- optional, not held accounting techniques optional
- optional, not held deliver correspondence optional
- optional, not held digitise documents optional
- optional, not held economics optional
- optional, not held ensure proper document management optional
- optional, not held financial markets optional
- optional, not held financial products optional
- optional, not held organise facilities for office personnel optional
- optional, not held securities optional
14 held skills the investment clerk role does not ask for
- not needed by the target role advise on financial matters skill
- not needed by the target role analyse insurance needs skill
- not needed by the target role classify insurance claims skill
- not needed by the target role company policies knowledge
- not needed by the target role file claims with insurance companies skill
- not needed by the target role handle incoming insurance claims skill
- not needed by the target role identify customer's 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 maintain financial records skill
- not needed by the target role principles of insurance knowledge
- not needed by the target role review insurance process skill
- not needed by the target role tax legislation knowledge
- not needed by the target role types of insurance 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.
- still to learn customer service required
- optional, not held accounting techniques optional
- optional, not held economics optional
- optional, not held financial markets optional
- optional, not held financial products optional
- optional, not held securities optional
Common questions about this move
Can an insurance clerk become an investment clerk?
Yes, and it is a moderate move. An insurance clerk already covers 65% of what an investment clerk is expected to do: 18 skills carry over, 14 of which the investment clerk role treats as required.
What skills does an insurance clerk need to become an investment clerk?
5 required skills are missing, plus 9 optional ones. They fall into 6 areas of the ESCO skill hierarchy, led by management skills. The single most important is customer service.
How hard is the move from insurance clerk to investment clerk?
Its learning distance is 37.1 out of 100, which is the moderate band. That accounts for both how much is missing and how specialised those skills are.
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.