Table 1Transition record

insurance rating analysttoinsurance risk consultant

A insurance rating analyst already meets 50% of what the insurance risk consultant role asks for. The move turns on 6 required skills not yet in the profile.

From insurance rating analyst

50%

Overlap1

To insurance risk consultant

14 Skills carried over

6 Required, not held

50.6 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 50.6

This move: 50.6 of 100 · moderate

1 Share of the insurance risk consultant role’s weighted skill requirement already met by the insurance rating analyst 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 14 skills that carry over, these are the ones fewest other occupations ask for. A insurance risk consultant role needs them, and most people applying for one will not have them already. This is the part of a insurance rating analyst background worth leading with.

Skill the target role also needs Area

already held create underwriting guidelines information skills
already held perform debt investigation information skills
already held analyse insurance risk information skills
already held insurance law business, administration and law
already held debt systems business, administration and law
already held principles of insurance business, administration and law

All 14 carried skills, including the 8 the insurance risk consultant role treats as required.

Table 3

Table 3 · What you would need to learn

The 18 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 information skills 3 required, 8 supplementary

required, not held conduct financial surveys required
required, not held estimate damage required
required, not held perform risk analysis required

optional, not held calculate insurance rate optional
optional, not held collect property financial information optional
optional, not held compile statistical data for insurance purposes optional
optional, not held create risk maps optional
optional, not held produce materials for decision making optional
optional, not held review insurance process optional
optional, not held apply statistical analysis techniques optional
optional, not held provide support in financial calculation optional

02 business, administration and law 1 required, 1 supplementary

required, not held risk identification required

optional, not held claims procedures optional

03 communication, collaboration and creativity 1 required, 1 supplementary

required, not held prepare survey report required

optional, not held create insurance policies optional

04 natural sciences, mathematics and statistics 1 required

required, not held survey techniques required

05 management skills 2 supplementary

optional, not held decide on insurance applications optional
optional, not held organise a damage assessment optional

Table 4

Table 4 · Where to start

The 3 entries a insurance risk consultant 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 14 skills that carry over

Skill Type

already held actuarial science knowledge
already held advise on risk management skill
already held analyse financial risk skill
already held analyse insurance risk skill
already held insurance law knowledge
already held obtain financial information skill
already held principles of insurance knowledge
already held types of insurance knowledge
already held create underwriting guidelines skill
already held debt systems knowledge
already held modern portfolio theory knowledge
already held perform debt investigation skill
already held statistics knowledge
already held synthesise financial information skill

12 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held calculate insurance rate optional
optional, not held claims procedures optional
optional, not held collect property financial information optional
optional, not held compile statistical data for insurance purposes optional
optional, not held create risk maps optional
optional, not held decide on insurance applications optional
optional, not held produce materials for decision making optional
optional, not held review insurance process optional
optional, not held apply statistical analysis techniques optional
optional, not held create insurance policies optional
optional, not held organise a damage assessment optional
optional, not held provide support in financial calculation optional

17 held skills the insurance risk consultant role does not ask for

Skill Type

not needed by the target role advise on credit rating skill
not needed by the target role advise on financial matters skill
not needed by the target role analyse financial performance of a company skill
not needed by the target role analyse loans skill
not needed by the target role apply credit risk policy skill
not needed by the target role build business relationships skill
not needed by the target role communicate with banking professionals skill
not needed by the target role consult credit score skill
not needed by the target role create cooperation modalities skill
not needed by the target role create credit policy skill
not needed by the target role credit control processes knowledge
not needed by the target role examine credit ratings skill
not needed by the target role forecast future levels of business skill
not needed by the target role insurance market knowledge
not needed by the target role prepare credit reports skill
not needed by the target role promote financial products skill
not needed by the target role review investment portfolios skill

3 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 risk identification required
required, not held survey techniques required
optional, not held claims procedures optional

Index

Other moves recorded from insurance rating analyst

Full index of moves from insurance rating analyst

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.