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

insurance underwritertoinsurance rating analyst

A insurance underwriter already meets 61% of what the insurance rating analyst role asks for. The move turns on 3 required skills not yet in the profile.

From insurance underwriter
61%
Overlap1
To insurance rating analyst
15 Skills carried over
3 Required, not held
39 Difficulty2
adjacent 0–30
moderate 30–55
substantial 55–75
career change 75–100
this move, 39

This move: 39 of 100 · moderate

1 Share of the insurance rating analyst role’s weighted skill requirement already met by the insurance underwriter 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 15 skills that carry over, these are the ones fewest other occupations ask for. A insurance rating analyst role needs them, and most people applying for one will not have them already. This is the part of a insurance underwriter background worth leading with.

Skill the target role also needs Area
  • already held create underwriting guidelines information skills
  • already held create cooperation modalities communication, collaboration and creativity
  • already held insurance market business, administration and law
  • already held credit control processes business, administration and law
  • already held analyse insurance risk information skills
  • already held insurance law business, administration and law

All 15 carried skills, including the 10 the insurance rating analyst role treats as required.

Table 3

Table 3 · What you would need to learn

The 16 missing skills fall into 6 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 2 required, 5 supplementary
  • required, not held prepare credit reports required
  • required, not held analyse loans required
  • optional, not held consult credit score optional
  • optional, not held advise on risk management optional
  • optional, not held analyse financial performance of a company optional
  • optional, not held forecast future levels of business optional
  • optional, not held perform debt investigation optional
02 communication, collaboration and creativity 1 required, 4 supplementary
  • required, not held advise on financial matters required
  • optional, not held promote financial products optional
  • optional, not held advise on credit rating optional
  • optional, not held build business relationships optional
  • optional, not held communicate with banking professionals optional
03 assisting and caring 1 supplementary
  • optional, not held apply credit risk policy optional
04 business, administration and law 1 supplementary
  • optional, not held debt systems optional
05 management skills 1 supplementary
  • optional, not held create credit policy optional
06 natural sciences, mathematics and statistics 1 supplementary
  • optional, not held statistics optional
Table 4

Table 4 · Where to start

The 3 entries a insurance rating analyst 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 15 skills that carry over
Skill Type
  • already held actuarial science knowledge
  • already held analyse financial risk skill
  • already held credit control processes knowledge
  • already held examine credit ratings skill
  • already held insurance law knowledge
  • already held insurance market knowledge
  • already held obtain financial information skill
  • already held principles of insurance knowledge
  • already held synthesise financial information skill
  • already held types of insurance knowledge
  • already held analyse insurance risk skill
  • already held create cooperation modalities skill
  • already held create underwriting guidelines skill
  • already held modern portfolio theory knowledge
  • already held review investment portfolios skill
13 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held consult credit score optional
  • optional, not held create credit policy optional
  • optional, not held promote financial products optional
  • optional, not held advise on credit rating optional
  • optional, not held advise on risk management optional
  • optional, not held analyse financial performance of a company optional
  • optional, not held apply credit risk policy optional
  • optional, not held build business relationships optional
  • optional, not held communicate with banking professionals optional
  • optional, not held debt systems optional
  • optional, not held forecast future levels of business optional
  • optional, not held perform debt investigation optional
  • optional, not held statistics optional
37 held skills the insurance rating analyst role does not ask for
Skill Type
  • not needed by the target role analyse insurance needs skill
  • not needed by the target role apply technical communication skills skill
  • not needed by the target role assess customer credibility skill
  • not needed by the target role assess financial viability skill
  • not needed by the target role assist in loan applications skill
  • not needed by the target role business loans knowledge
  • not needed by the target role calculate insurance rate skill
  • not needed by the target role claims procedures knowledge
  • not needed by the target role collect property financial information skill
  • not needed by the target role communicate with customers skill
  • not needed by the target role compare property values skill
  • not needed by the target role conduct financial audits skill
  • not needed by the target role create a financial plan skill
  • not needed by the target role create insurance policies skill
  • not needed by the target role decide on insurance applications skill
  • not needed by the target role develop investment portfolio skill
  • not needed by the target role ensure proper document management skill
  • not needed by the target role estimate damage skill
  • not needed by the target role explain financial jargon skill
  • not needed by the target role financial statements knowledge
  • not needed by the target role handle financial disputes skill
  • not needed by the target role identify clients' needs skill
  • not needed by the target role inform on renting agreements skill
  • not needed by the target role interpret financial statements skill
  • not needed by the target role manage contract disputes skill
  • not needed by the target role manage contracts skill
  • not needed by the target role manage financial risk skill
  • not needed by the target role market analysis knowledge
  • not needed by the target role negotiate loan agreements skill
  • not needed by the target role organise a damage assessment skill
  • not needed by the target role perform property market research skill
  • not needed by the target role prepare financial auditing reports skill
  • not needed by the target role property law knowledge
  • not needed by the target role provide support in financial calculation skill
  • not needed by the target role real estate market knowledge
  • not needed by the target role real estate underwriting knowledge
  • not needed by the target role review insurance process skill
2 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
  • optional, not held debt systems optional
  • optional, not held statistics optional
Index
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.