Table 1Transition record

insurance agency managertobank manager

A insurance agency manager already meets 55% of what the bank manager role asks for. The move turns on 12 required skills not yet in the profile.

From insurance agency manager

55%

Overlap1

To bank manager

28 Skills carried over

12 Required, not held

54.1 Difficulty2

adjacent 0–30

moderate 30–55

substantial 55–75

career change 75–100

this move, 54.1

This move: 54.1 of 100 · moderate

1 Share of the bank manager role’s weighted skill requirement already met by the insurance agency manager 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 28 skills that carry over, these are the ones fewest other occupations ask for. A bank manager role needs them, and most people applying for one will not have them already. This is the part of a insurance agency manager background worth leading with.

Skill the target role also needs Area

already held advise on investment communication, collaboration and creativity
already held ensure compliance with company regulations assisting and caring
already held align efforts towards business development communication, collaboration and creativity
already held control financial resources management skills
already held enforce financial policies management skills
already held synthesise financial information information skills

All 28 carried skills, including the 19 the bank manager role treats as required.

Table 3

Table 3 · What you would need to learn

The 29 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 business, administration and law 4 required, 4 supplementary

required, not held investment analysis required
required, not held banking activities required
required, not held financial jurisdiction required
required, not held securities required

optional, not held business loans optional
optional, not held financial products optional
optional, not held marketing principles optional
optional, not held mortgage loans optional

02 communication, collaboration and creativity 2 required, 5 supplementary

required, not held collaborate in company's daily operations required
required, not held impart business plans to collaborators required

optional, not held offer financial services optional
optional, not held conclude business agreements optional
optional, not held negotiate with stakeholders optional
optional, not held report on overall management of a business optional
optional, not held train employees optional

03 assisting and caring 2 required, 3 supplementary

required, not held safeguard bank reputation required
required, not held follow the statutory obligations required

optional, not held abide by business ethical code of conducts optional
optional, not held guarantee customer satisfaction optional
optional, not held ensure lawful business operations optional

04 management skills 2 required, 3 supplementary

required, not held assume responsibility for the management of a business required
required, not held manage budgets required

optional, not held evaluate performance of organisational collaborators optional
optional, not held recruit personnel optional
optional, not held shape corporate culture optional

05 information skills 2 required, 2 supplementary

required, not held analyse business processes required
required, not held analyse financial risk required

optional, not held consult credit score optional
optional, not held monitor national economy optional

Table 4

Table 4 · Where to start

The 3 entries a bank manager 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 28 skills that carry over

Skill Type

already held accounting techniques knowledge
already held align efforts towards business development skill
already held analyse business plans skill
already held analyse financial performance of a company skill
already held analyse market financial trends skill
already held business management principles knowledge
already held control financial resources skill
already held corporate social responsibility knowledge
already held create a financial plan skill
already held enforce financial policies skill
already held ensure compliance with company regulations skill
already held financial analysis knowledge
already held financial management knowledge
already held financial statements knowledge
already held follow company standards skill
already held make strategic business decisions skill
already held manage staff skill
already held recruit employees skill
already held strive for company growth skill
already held advise on financial matters skill
already held advise on investment skill
already held build business relationships skill
already held contract law knowledge
already held liaise with managers skill
already held manage financial risk skill
already held plan health and safety procedures skill
already held synthesise financial information skill
already held tax legislation knowledge

17 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held abide by business ethical code of conducts optional
optional, not held consult credit score optional
optional, not held guarantee customer satisfaction optional
optional, not held monitor national economy optional
optional, not held offer financial services optional
optional, not held business loans optional
optional, not held conclude business agreements optional
optional, not held ensure lawful business operations optional
optional, not held evaluate performance of organisational collaborators optional
optional, not held financial products optional
optional, not held marketing principles optional
optional, not held mortgage loans optional
optional, not held negotiate with stakeholders optional
optional, not held recruit personnel optional
optional, not held report on overall management of a business optional
optional, not held shape corporate culture optional
optional, not held train employees optional

35 held skills the bank manager role does not ask for

Skill Type

not needed by the target role analyse claim files skill
not needed by the target role analyse insurance needs skill
not needed by the target role analyse insurance risk skill
not needed by the target role apply technical communication skills skill
not needed by the target role calculate insurance rate skill
not needed by the target role check accounting records skill
not needed by the target role claims procedures knowledge
not needed by the target role compile statistical data for insurance purposes skill
not needed by the target role coordinate marketing plan actions skill
not needed by the target role coordinate operational activities skill
not needed by the target role create cooperation modalities skill
not needed by the target role create insurance policies skill
not needed by the target role create underwriting guidelines skill
not needed by the target role decide on insurance applications skill
not needed by the target role estimate damage skill
not needed by the target role identify clients' needs skill
not needed by the target role insurance law knowledge
not needed by the target role insurance market knowledge
not needed by the target role lead claim examiners skill
not needed by the target role make investment decisions skill
not needed by the target role manage claim files 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 obtain financial information skill
not needed by the target role organise a damage assessment skill
not needed by the target role perform market research skill
not needed by the target role plan marketing campaigns skill
not needed by the target role principles of insurance knowledge
not needed by the target role produce materials for decision making skill
not needed by the target role provide cost benefit analysis reports skill
not needed by the target role represent the organisation skill
not needed by the target role review insurance process skill
not needed by the target role sell insurance skill
not needed by the target role supervise accounting operations skill
not needed by the target role types of insurance knowledge

8 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 investment analysis required
required, not held banking activities required
required, not held financial jurisdiction required
required, not held securities required
optional, not held business loans optional
optional, not held financial products optional
optional, not held marketing principles optional
optional, not held mortgage loans optional

Index

Other moves recorded from insurance agency manager

Full index of moves from insurance agency manager

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.