Table 1Transition record

insurance underwritertoinsurance risk consultant

A insurance underwriter already meets 58% of what the insurance risk consultant role asks for. The move turns on 6 required skills not yet in the profile.

From insurance underwriter

58%

Overlap1

To insurance risk consultant

19 Skills carried over

6 Required, not held

41.8 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 41.8

This move: 41.8 of 100 · moderate

1 Share of the insurance risk consultant 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 19 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 underwriter background worth leading with.

Skill the target role also needs Area

already held calculate insurance rate information skills
already held create underwriting guidelines information skills
already held decide on insurance applications management skills
already held claims procedures business, administration and law
already held review insurance process information skills
already held create insurance policies communication, collaboration and creativity

All 19 carried skills, including the 8 the insurance risk consultant role treats as required.

Table 3

Table 3 · What you would need to learn

The 13 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 3 required, 5 supplementary

required, not held conduct financial surveys required
required, not held advise on risk management required
required, not held perform risk analysis required

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 apply statistical analysis techniques optional
optional, not held perform debt investigation optional

02 business, administration and law 1 required, 1 supplementary

required, not held risk identification required

optional, not held debt systems optional

03 natural sciences, mathematics and statistics 1 required, 1 supplementary

required, not held survey techniques required

optional, not held statistics optional

04 communication, collaboration and creativity 1 required

required, not held prepare survey report required

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 19 skills that carry over

Skill Type

already held actuarial science knowledge
already held analyse financial risk skill
already held analyse insurance risk skill
already held estimate damage 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 calculate insurance rate skill
already held claims procedures knowledge
already held collect property financial information skill
already held create insurance policies skill
already held create underwriting guidelines skill
already held decide on insurance applications skill
already held modern portfolio theory knowledge
already held organise a damage assessment skill
already held provide support in financial calculation skill
already held review insurance process skill
already held synthesise financial information skill

7 supplementary skills, helpful but not required

Skill to acquire Tier

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 apply statistical analysis techniques optional
optional, not held debt systems optional
optional, not held perform debt investigation optional
optional, not held statistics optional

33 held skills the insurance risk consultant 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 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 cooperation modalities skill
not needed by the target role credit control processes knowledge
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 examine credit ratings 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 insurance market knowledge
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 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 real estate market knowledge
not needed by the target role real estate underwriting knowledge
not needed by the target role review investment portfolios skill

4 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 debt systems optional
optional, not held statistics optional

Index

Other moves recorded from insurance underwriter

Full index of moves from insurance underwriter

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.