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

insurance product managertoinsurance claims manager

A insurance product manager already meets 59% of what the insurance claims manager role asks for. The move turns on 9 required skills not yet in the profile.

From insurance product manager
59%
Overlap1
To insurance claims manager
23 Skills carried over
9 Required, not held
47.7 Difficulty2
adjacent 0–30
moderate 30–55
substantial 55–75
career change 75–100
this move, 47.7

This move: 47.7 of 100 · moderate

1 Share of the insurance claims manager role’s weighted skill requirement already met by the insurance product 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 23 skills that carry over, these are the ones fewest other occupations ask for. A insurance claims manager role needs them, and most people applying for one will not have them already. This is the part of a insurance product manager background worth leading with.

Skill the target role also needs Area
  • already held create insurance policies communication, collaboration and creativity
  • already held insurance market business, administration and law
  • already held insurance law business, administration and law
  • already held principles of insurance business, administration and law
  • already held types of insurance business, administration and law
  • already held enforce financial policies management skills

All 23 carried skills, including the 14 the insurance claims manager role treats as required.

Table 3

Table 3 · What you would need to learn

The 18 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 information skills 4 required, 4 supplementary
  • required, not held manage claim files required
  • required, not held review insurance process required
  • required, not held conduct financial audits required
  • required, not held prepare financial auditing reports required
  • optional, not held analyse claim files optional
  • optional, not held estimate damage optional
  • optional, not held initiate claim file optional
  • optional, not held analyse insurance risk optional
02 communication, collaboration and creativity 2 required, 5 supplementary
  • required, not held handle incoming insurance claims required
  • required, not held manage claims process required
  • optional, not held assess customer credibility optional
  • optional, not held apply technical communication skills optional
  • optional, not held handle customer complaints optional
  • optional, not held handle financial disputes optional
  • optional, not held manage contract disputes optional
03 management skills 2 required
  • required, not held lead claim examiners required
  • required, not held organise a damage assessment required
04 services 1 required
  • required, not held fraud detection required
Table 4

Table 4 · Where to start

The 3 entries a insurance claims 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 23 skills that carry over
Skill Type
  • already held advise on financial matters skill
  • already held analyse market financial trends skill
  • already held corporate social responsibility knowledge
  • 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 liaise with managers skill
  • already held manage staff skill
  • already held principles of insurance knowledge
  • already held strive for company growth skill
  • already held types of insurance knowledge
  • already held analyse financial performance of a company skill
  • already held analyse financial risk skill
  • already held create a financial plan skill
  • already held create insurance policies skill
  • already held ensure cross-department cooperation skill
  • already held insurance market knowledge
  • already held manage financial risk skill
  • already held plan health and safety procedures skill
  • already held recruit employees skill
9 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held analyse claim files optional
  • optional, not held assess customer credibility optional
  • optional, not held estimate damage optional
  • optional, not held initiate claim file optional
  • optional, not held analyse insurance risk optional
  • optional, not held apply technical communication skills optional
  • optional, not held handle customer complaints optional
  • optional, not held handle financial disputes optional
  • optional, not held manage contract disputes optional
16 held skills the insurance claims manager role does not ask for
Skill Type
  • not needed by the target role create cooperation modalities skill
  • not needed by the target role deliver a sales pitch skill
  • not needed by the target role develop financial products skill
  • not needed by the target role develop investment portfolio skill
  • not needed by the target role financial products knowledge
  • not needed by the target role marketing management knowledge
  • not needed by the target role modern portfolio theory knowledge
  • not needed by the target role obtain financial information 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 promote financial products skill
  • not needed by the target role review investment portfolios skill
  • not needed by the target role sales strategies knowledge
  • not needed by the target role sell insurance skill
  • not needed by the target role statistics knowledge
  • not needed by the target role supervise sales activities skill
1 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 fraud detection required
Index

Other moves recorded from insurance product manager

Full index of moves from insurance product 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.