Table 1Transition record

insurance rating analysttomortgage loan underwriter

A insurance rating analyst already meets 46% of what the mortgage loan underwriter role asks for. The move turns on 6 required skills not yet in the profile.

From insurance rating analyst

46%

Overlap1

To mortgage loan underwriter

12 Skills carried over

6 Required, not held

49.7 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 49.7

This move: 49.7 of 100 · moderate

1 Share of the mortgage loan underwriter 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 12 skills that carry over, these are the ones fewest other occupations ask for. A mortgage loan underwriter 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 apply credit risk policy assisting and caring
already held analyse loans information skills
already held credit control processes business, administration and law
already held consult credit score information skills
already held debt systems business, administration and law

All 12 carried skills, including the 5 the mortgage loan underwriter role treats as required.

Table 3

Table 3 · What you would need to learn

The 14 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 business, administration and law 4 required, 2 supplementary

required, not held real estate underwriting required
required, not held banking activities required
required, not held mortgage loans required
required, not held property law required

optional, not held foreclosure optional
optional, not held securities optional

02 information skills 2 required, 3 supplementary

required, not held examine mortgage loan documents required
required, not held interpret financial statements required

optional, not held collect property financial information optional
optional, not held assess debtor's financial situation optional
optional, not held maintain credit history of clients optional

03 management skills 2 supplementary

optional, not held manage loan applications optional
optional, not held decide on loan applications optional

04 communication, collaboration and creativity 1 supplementary

optional, not held interview bank loanees optional

Table 4

Table 4 · Where to start

The 3 entries a mortgage loan underwriter 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 12 skills that carry over

Skill Type

already held actuarial science knowledge
already held analyse financial risk skill
already held analyse loans skill
already held communicate with banking professionals skill
already held obtain financial information skill
already held advise on risk management skill
already held apply credit risk policy skill
already held consult credit score skill
already held create underwriting guidelines skill
already held credit control processes knowledge
already held debt systems knowledge
already held examine credit ratings skill

8 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held collect property financial information optional
optional, not held foreclosure optional
optional, not held manage loan applications optional
optional, not held assess debtor's financial situation optional
optional, not held decide on loan applications optional
optional, not held interview bank loanees optional
optional, not held maintain credit history of clients optional
optional, not held securities optional

19 held skills the mortgage loan underwriter 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 insurance risk skill
not needed by the target role build business relationships 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 forecast future levels of business 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 modern portfolio theory knowledge
not needed by the target role perform debt investigation skill
not needed by the target role prepare credit reports 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 review investment portfolios skill
not needed by the target role statistics knowledge
not needed by the target role synthesise financial information skill
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.

Skill to acquire Tier

required, not held real estate underwriting required
required, not held banking activities required
required, not held mortgage loans required
required, not held property law required
optional, not held foreclosure optional
optional, not held securities 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.