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

actuarial consultanttoinsurance rating analyst

A actuarial consultant already meets 77% of what the insurance rating analyst role asks for. The move turns on 1 required skill not yet in the profile.

From actuarial consultant
77%
Overlap1
To insurance rating analyst
20 Skills carried over
1 Required, not held
24.8 Difficulty2
adjacent 0–30
moderate 30–55
substantial 55–75
career change 75–100
this move, 24.8

This move: 24.8 of 100 · adjacent

1 Share of the insurance rating analyst role’s weighted skill requirement already met by the actuarial consultant 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 20 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 actuarial consultant background worth leading with.

Skill the target role also needs Area
  • already held insurance market business, administration and law
  • already held analyse loans information skills
  • already held credit control processes business, administration and law
  • already held analyse insurance risk information skills
  • already held consult credit score information skills
  • already held insurance law business, administration and law

All 20 carried skills, including the 12 the insurance rating analyst role treats as required.

Table 3

Table 3 · What you would need to learn

The 11 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 1 required, 4 supplementary
  • required, not held prepare credit reports required
  • optional, not held create underwriting guidelines 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 4 supplementary
  • 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 create cooperation modalities optional
03 assisting and caring 1 supplementary
  • optional, not held apply credit risk policy optional
04 management skills 1 supplementary
  • optional, not held create credit policy optional
Table 4

Table 4 · Where to start

The 1 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 20 skills that carry over
Skill Type
  • already held actuarial science knowledge
  • already held advise on financial matters skill
  • already held analyse financial risk skill
  • already held analyse loans 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 advise on risk management skill
  • already held analyse insurance risk skill
  • already held communicate with banking professionals skill
  • already held consult credit score skill
  • already held debt systems knowledge
  • already held modern portfolio theory knowledge
  • already held review investment portfolios skill
  • already held statistics knowledge
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 promote financial products optional
  • optional, not held advise on credit rating 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 create cooperation modalities optional
  • optional, not held forecast future levels of business optional
  • optional, not held perform debt investigation optional
15 held skills the insurance rating analyst role does not ask for
Skill Type
  • not needed by the target role Monte Carlo simulation knowledge
  • not needed by the target role analyse market financial trends skill
  • not needed by the target role apply statistical analysis techniques skill
  • not needed by the target role banking activities knowledge
  • not needed by the target role business loans 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 empirical analysis knowledge
  • not needed by the target role financial products knowledge
  • not needed by the target role perform risk analysis skill
  • not needed by the target role produce statistical financial records skill
  • not needed by the target role provide cost benefit analysis reports skill
  • not needed by the target role provide support in financial calculation skill
  • not needed by the target role quantitative analysis knowledge
  • not needed by the target role types of pensions knowledge
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.