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

pensions administratortosecurities broker

A pensions administrator already meets 32% of what the securities broker role asks for. The move turns on 13 required skills not yet in the profile.

From pensions administrator
32%
Overlap1
To securities broker
10 Skills carried over
13 Required, not held
65.6 Difficulty2
Career overlap Distant match

32%

Learning distance Substantial retraining

65.6/ 100

1 Share of the securities broker role’s weighted skill requirement already met by the pensions administrator 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.

Why

Why this move works

A securities broker role treats 7 of its required skills as things a pensions administrator already does. These are the ones it depends on most.

  • actuarial science
  • analyse financial risk
  • apply technical communication skills
  • handle financial transactions
  • maintain records of financial transactions
  • obtain financial information

What stands in the way is 13 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.

Table 2

Table 2 · What you already bring

Of the 10 skills that carry over, these are the ones fewest other occupations ask for. A securities broker role needs them, and most people applying for one will not have them already. This is the part of a pensions administrator background worth leading with.

Skill the target role also needs Area
  • already held provide financial product information communication, collaboration and creativity
  • already held provide support in financial calculation information skills
  • already held maintain records of financial transactions information skills
  • already held trace financial transactions information skills
  • already held protect client interests communication, collaboration and creativity
  • already held actuarial science natural sciences, mathematics and statistics

All 10 carried skills, including the 7 the securities broker role treats as required.

Table 3

Table 3 · What you would need to learn

The 24 missing skills fall into 7 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 5 required, 4 supplementary
  • required, not held financial jurisdiction required
  • required, not held financial markets required
  • required, not held financial products required
  • required, not held securities required
  • required, not held stock market required
  • optional, not held accounting optional
  • optional, not held banking activities optional
  • optional, not held modern portfolio theory optional
  • optional, not held tax legislation optional
02 communication, collaboration and creativity 3 required, 3 supplementary
  • required, not held advise on financial matters required
  • required, not held review investment portfolios required
  • required, not held trade securities required
  • optional, not held build business relationships optional
  • optional, not held communicate with banking professionals optional
  • optional, not held communicate with customers optional
03 information skills 3 required, 1 supplementary
  • required, not held analyse market financial trends required
  • required, not held assess risks of clients' assets required
  • required, not held forecast economic trends required
  • optional, not held perform stock valuation optional
04 management skills 1 required, 1 supplementary
  • required, not held create a financial plan required
  • optional, not held operate financial instruments optional
05 social sciences, journalism and information 1 required
  • required, not held economics required
06 engineering, manufacturing and construction 1 supplementary
  • optional, not held electronic communication optional

1 further area in the appendix

Table 4

Table 4 · Where to start

The 3 entries a securities broker 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 10 skills that carry over
Skill Type
  • already held actuarial science knowledge
  • already held analyse financial risk skill
  • already held apply technical communication skills skill
  • already held handle financial transactions skill
  • already held maintain records of financial transactions skill
  • already held obtain financial information skill
  • already held protect client interests skill
  • already held provide financial product information skill
  • already held provide support in financial calculation skill
  • already held trace financial transactions skill
The 1 learning area not shown above
Skill to acquire Tier
07 natural sciences, mathematics and statistics 1 supplementary
  • optional, not held statistics optional
11 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held accounting optional
  • optional, not held banking activities optional
  • optional, not held build business relationships optional
  • optional, not held communicate with banking professionals optional
  • optional, not held communicate with customers optional
  • optional, not held electronic communication optional
  • optional, not held modern portfolio theory optional
  • optional, not held operate financial instruments optional
  • optional, not held perform stock valuation optional
  • optional, not held statistics optional
  • optional, not held tax legislation optional
18 held skills the securities broker role does not ask for
Skill Type
  • not needed by the target role advise on social security benefits skill
  • not needed by the target role calculate employee benefits skill
  • not needed by the target role communicate with beneficiaries skill
  • not needed by the target role comply with legal regulations skill
  • not needed by the target role corporate social responsibility knowledge
  • not needed by the target role develop pension schemes skill
  • not needed by the target role ensure information transparency skill
  • not needed by the target role government social security programmes knowledge
  • not needed by the target role handle financial disputes skill
  • not needed by the target role investigate social security applications skill
  • not needed by the target role legal research knowledge
  • not needed by the target role manage financial risk skill
  • not needed by the target role manage pension funds skill
  • not needed by the target role promote social security programmes skill
  • not needed by the target role social security law knowledge
  • not needed by the target role synthesise financial information skill
  • not needed by the target role types of pensions knowledge
  • not needed by the target role use IT tools skill
12 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 economics required
  • required, not held financial jurisdiction required
  • required, not held financial markets required
  • required, not held financial products required
  • required, not held securities required
  • required, not held stock market required
  • optional, not held accounting optional
  • optional, not held banking activities optional
  • optional, not held electronic communication optional
  • optional, not held modern portfolio theory optional
  • optional, not held statistics optional
  • optional, not held tax legislation optional
Index

Other moves recorded from pensions administrator

Full index of moves from pensions administrator

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.