Insurance product manager to investment fund manager
An insurance product manager already meets 48% of what the investment fund manager role asks for. The move turns on 12 required skills not yet in the profile.
60.3/ 100
1 How much of what an investment fund manager is expected to do is already part of an insurance product manager’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 fund manager role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
An investment fund manager role treats 18 of its required skills as things an insurance product manager already does. You would walk in with these on day one.
- advise on financial matters
- analyse financial performance of a company
- analyse financial risk
- analyse market financial trends
- corporate social responsibility
- create a financial plan
What stands in the way is 12 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 21 skills that carry over, these are the ones fewest other occupations ask for. An investment fund manager role needs them, and most people applying for one will not have them already. This is the part of an insurance product manager background worth leading with.
- already held develop financial products management skills
- already held develop investment portfolio management skills
- already held enforce financial policies management skills
- already held modern portfolio theory business, administration and law
- already held financial analysis business, administration and law
- already held review investment portfolios communication, collaboration and creativity
All 21 carried skills, including the 18 the investment fund manager role treats as required.
Table 3 · What you may need to learn
The 36 missing skills fall into 5 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 investment analysis required
- still to learn asset management required
- still to learn financial markets required
- still to learn funding methods required
- still to learn securities required
- still to learn stock market required
- optional, not held green bonds optional
- optional, not held impact investing optional
- optional, not held investment banking optional
- optional, not held social bonds optional
- optional, not held sustainable finance optional
- optional, not held banking activities optional
- optional, not held business loans optional
- optional, not held business valuation techniques optional
- optional, not held credit control processes optional
- optional, not held debt classification optional
- optional, not held debt systems optional
- optional, not held financial forecasting optional
- still to learn monitor stock market required
- still to learn perform stock valuation required
- optional, not held prepare credit reports optional
- optional, not held analyse loans optional
- optional, not held consult information sources optional
- optional, not held examine credit ratings optional
- optional, not held interpret financial statements optional
- still to learn control financial resources required
- still to learn make investment decisions required
- optional, not held manage administrative systems optional
- optional, not held manage budgets optional
- still to learn trade securities required
- optional, not held liaise with board members optional
- optional, not held negotiate on asset value optional
- optional, not held communicate with banking professionals optional
- optional, not held liaise with shareholders optional
- optional, not held negotiate loan agreements optional
- still to learn actuarial science required
Table 4 · Where to start
The 3 entries an investment fund 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 · The rest of the record
All 21 skills that carry over
- already held advise on financial matters skill
- already held analyse financial performance of a company skill
- already held analyse financial risk skill
- already held analyse market financial trends skill
- already held corporate social responsibility knowledge
- already held create a financial plan skill
- already held develop financial products skill
- already held develop investment portfolio skill
- already held enforce financial policies skill
- already held financial analysis knowledge
- already held financial management knowledge
- already held financial products knowledge
- already held financial statements knowledge
- already held follow company standards skill
- already held manage financial risk skill
- already held modern portfolio theory knowledge
- already held review investment portfolios skill
- already held strive for company growth skill
- already held liaise with managers skill
- already held obtain financial information skill
- already held plan health and safety procedures skill
24 supplementary skills, helpful but not required
- optional, not held green bonds optional
- optional, not held impact investing optional
- optional, not held investment banking optional
- optional, not held liaise with board members optional
- optional, not held manage administrative systems optional
- optional, not held negotiate on asset value optional
- optional, not held prepare credit reports optional
- optional, not held social bonds optional
- optional, not held sustainable finance optional
- optional, not held analyse loans optional
- optional, not held banking activities optional
- optional, not held business loans optional
- optional, not held business valuation techniques optional
- optional, not held communicate with banking professionals optional
- optional, not held consult information sources optional
- optional, not held credit control processes optional
- optional, not held debt classification optional
- optional, not held debt systems optional
- optional, not held examine credit ratings optional
- optional, not held financial forecasting optional
- optional, not held interpret financial statements optional
- optional, not held liaise with shareholders optional
- optional, not held manage budgets optional
- optional, not held negotiate loan agreements optional
18 held skills the investment fund manager role does not ask for
- 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 deliver a sales pitch skill
- not needed by the target role ensure cross-department cooperation 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 manage staff skill
- not needed by the target role marketing management knowledge
- 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 promote financial products skill
- not needed by the target role recruit employees 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
- not needed by the target role types of insurance knowledge
19 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 actuarial science required
- still to learn investment analysis required
- still to learn asset management required
- still to learn financial markets required
- still to learn funding methods required
- still to learn securities required
- still to learn stock market required
- optional, not held green bonds optional
- optional, not held impact investing optional
- optional, not held investment banking optional
- optional, not held social bonds optional
- optional, not held sustainable finance optional
- optional, not held banking activities optional
- optional, not held business loans optional
- optional, not held business valuation techniques optional
- optional, not held credit control processes optional
- optional, not held debt classification optional
- optional, not held debt systems optional
- optional, not held financial forecasting optional
Common questions about this move
Can an insurance product manager become an investment fund manager?
Yes, and it is a substantial move. An insurance product manager already covers 48% of what an investment fund manager is expected to do: 21 skills carry over, 18 of which the investment fund manager role treats as required.
What skills does an insurance product manager need to become an investment fund manager?
12 required skills are missing, plus 24 optional ones. They fall into 5 areas of the ESCO skill hierarchy, led by business, administration and law. The single most important is actuarial science.
How hard is the move from insurance product manager to investment fund manager?
Its learning distance is 60.3 out of 100, which is the substantial 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.