Table 1Transition record

investment advisertoinsurance rating analyst

A investment adviser already meets 56% of what the insurance rating analyst role asks for. The move turns on 5 required skills not yet in the profile.

From investment adviser

56%

Overlap1

To insurance rating analyst

16 Skills carried over

5 Required, not held

43.7 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 43.7

This move: 43.7 of 100 · moderate

1 Share of the insurance rating analyst role’s weighted skill requirement already met by the investment adviser 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 16 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 investment adviser background worth leading with.

Skill the target role also needs Area

already held promote financial products communication, collaboration and creativity
already held apply credit risk policy assisting and caring
already held credit control processes business, administration and law
already held consult credit score information skills
already held principles of insurance business, administration and law
already held types of insurance business, administration and law

All 16 carried skills, including the 8 the insurance rating analyst role treats as required.

Table 3

Table 3 · What you would need to learn

The 15 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 2 required, 5 supplementary

required, not held prepare credit reports required
required, not held analyse loans required

optional, not held create underwriting guidelines optional
optional, not held advise on risk management optional
optional, not held analyse insurance risk optional
optional, not held forecast future levels of business optional
optional, not held perform debt investigation optional

02 business, administration and law 2 required, 1 supplementary

required, not held insurance law required
required, not held insurance market required

optional, not held debt systems optional

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

required, not held actuarial science required

optional, not held statistics optional

04 communication, collaboration and creativity 2 supplementary

optional, not held advise on credit rating optional
optional, not held create cooperation modalities optional

05 management skills 1 supplementary

optional, not held create credit policy 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 16 skills that carry over

Skill Type

already held advise on financial matters skill
already held analyse financial risk skill
already held credit control processes knowledge
already held examine credit ratings skill
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 financial performance of a company skill
already held apply credit risk policy skill
already held build business relationships skill
already held communicate with banking professionals skill
already held consult credit score skill
already held modern portfolio theory knowledge
already held promote financial products skill
already held review investment portfolios skill

10 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held create credit policy optional
optional, not held create underwriting guidelines optional
optional, not held advise on credit rating optional
optional, not held advise on risk management optional
optional, not held analyse insurance risk optional
optional, not held create cooperation modalities 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

32 held skills the insurance rating analyst role does not ask for

Skill Type

not needed by the target role advise on investment skill
not needed by the target role analyse business plans skill
not needed by the target role analyse market financial trends skill
not needed by the target role assess financial viability skill
not needed by the target role assess risks of clients' assets skill
not needed by the target role asset management knowledge
not needed by the target role banking activities knowledge
not needed by the target role business valuation techniques knowledge
not needed by the target role create a financial plan 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 explain financial jargon skill
not needed by the target role financial markets knowledge
not needed by the target role financial products knowledge
not needed by the target role fundamental analysis knowledge
not needed by the target role funding methods knowledge
not needed by the target role green bonds knowledge
not needed by the target role identify customer's needs skill
not needed by the target role impact investing knowledge
not needed by the target role interpret financial statements skill
not needed by the target role manage contracts skill
not needed by the target role monitor bond market skill
not needed by the target role monitor stock market skill
not needed by the target role perform clerical duties skill
not needed by the target role perform stock valuation skill
not needed by the target role prospect new customers skill
not needed by the target role provide financial product information skill
not needed by the target role provide support in financial calculation skill
not needed by the target role securities knowledge
not needed by the target role social bonds knowledge
not needed by the target role stock market knowledge
not needed by the target role sustainable finance knowledge

5 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 actuarial science required
required, not held insurance law required
required, not held insurance market required
optional, not held debt systems optional
optional, not held statistics optional

Index

Other moves recorded from investment adviser

Full index of moves from investment adviser

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.