insurance brokertoinsurance agency manager
A insurance broker already meets 39% of what the insurance agency manager role asks for. The move turns on 21 required skills not yet in the profile.
39%
69.3/ 100
1 Share of the insurance agency manager role’s weighted skill requirement already met by the insurance broker 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 this move works
A insurance agency manager role treats 14 of its required skills as things a insurance broker already does. These are the ones it depends on most.
- advise on financial matters
- apply technical communication skills
- build business relationships
- calculate insurance rate
- claims procedures
- create insurance policies
What stands in the way is 21 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 24 skills that carry over, these are the ones fewest other occupations ask for. A insurance agency manager role needs them, and most people applying for one will not have them already. This is the part of a insurance broker background worth leading with.
- already held sell insurance communication, collaboration and creativity
- already held calculate insurance rate information skills
- already held decide on insurance applications management skills
- already held manage claim files information skills
- already held analyse claim files information skills
- already held create cooperation modalities communication, collaboration and creativity
All 24 carried skills, including the 14 the insurance agency manager role treats as required.
Table 3 · What you would need to learn
The 39 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.
- required, not held control financial resources required
- required, not held coordinate operational activities required
- required, not held create a financial plan required
- required, not held enforce financial policies required
- required, not held make strategic business decisions required
- required, not held manage staff required
- required, not held strive for company growth required
- optional, not held lead claim examiners optional
- optional, not held coordinate marketing plan actions optional
- optional, not held make investment decisions optional
- optional, not held plan health and safety procedures optional
- optional, not held plan marketing campaigns optional
- optional, not held recruit employees optional
- optional, not held supervise accounting operations optional
- required, not held corporate social responsibility required
- required, not held accounting techniques required
- required, not held business management principles required
- required, not held financial analysis required
- required, not held financial management required
- required, not held financial statements required
- required, not held compile statistical data for insurance purposes required
- required, not held create underwriting guidelines required
- required, not held analyse financial performance of a company required
- required, not held analyse market financial trends required
- optional, not held estimate damage optional
- optional, not held produce materials for decision making optional
- optional, not held review insurance process optional
- optional, not held analyse business plans optional
- optional, not held check accounting records optional
- optional, not held manage financial risk optional
- optional, not held obtain financial information optional
- optional, not held perform market research optional
- optional, not held synthesise financial information optional
- required, not held align efforts towards business development required
- required, not held liaise with managers required
- optional, not held advise on investment optional
- optional, not held represent the organisation optional
- required, not held ensure compliance with company regulations required
- required, not held follow company standards required
Table 4 · Where to start
The 3 entries a insurance agency manager role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 compile statistical data for insurance purposes skill · sector specific
- 02 corporate social responsibility knowledge · sector specific
- 03 create underwriting guidelines skill · sector specific
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 24 skills that carry over
- already held advise on financial matters skill
- already held apply technical communication skills skill
- already held build business relationships skill
- already held calculate insurance rate skill
- already held claims procedures knowledge
- already held create insurance policies skill
- already held identify clients' needs skill
- already held insurance law knowledge
- already held insurance market knowledge
- already held manage contracts skill
- already held principles of insurance knowledge
- already held provide cost benefit analysis reports skill
- already held tax legislation knowledge
- already held types of insurance knowledge
- already held analyse claim files skill
- already held analyse insurance needs skill
- already held analyse insurance risk skill
- already held contract law knowledge
- already held create cooperation modalities skill
- already held decide on insurance applications skill
- already held manage claim files skill
- already held manage contract disputes skill
- already held organise a damage assessment skill
- already held sell insurance skill
18 supplementary skills, helpful but not required
- optional, not held advise on investment optional
- optional, not held estimate damage optional
- optional, not held lead claim examiners optional
- optional, not held produce materials for decision making optional
- optional, not held review insurance process optional
- optional, not held analyse business plans optional
- optional, not held check accounting records optional
- optional, not held coordinate marketing plan actions optional
- optional, not held make investment decisions optional
- optional, not held manage financial risk optional
- optional, not held obtain financial information optional
- optional, not held perform market research optional
- optional, not held plan health and safety procedures optional
- optional, not held plan marketing campaigns optional
- optional, not held recruit employees optional
- optional, not held represent the organisation optional
- optional, not held supervise accounting operations optional
- optional, not held synthesise financial information optional
22 held skills the insurance agency manager role does not ask for
- not needed by the target role actuarial science knowledge
- not needed by the target role apply statistical analysis techniques skill
- not needed by the target role compare insurance products skill
- not needed by the target role customer service knowledge
- not needed by the target role deliver visual presentation of data skill
- not needed by the target role develop investment portfolio skill
- not needed by the target role file claims with insurance companies skill
- not needed by the target role financial products knowledge
- not needed by the target role handle financial transactions skill
- not needed by the target role inform on insurance products skill
- not needed by the target role initiate claim file skill
- not needed by the target role maintain records of financial transactions skill
- not needed by the target role maintain relationship with customers skill
- not needed by the target role manage claims process skill
- not needed by the target role modern portfolio theory knowledge
- not needed by the target role monitor legislation developments skill
- not needed by the target role promote financial products skill
- not needed by the target role prospect new customers skill
- not needed by the target role protect client interests skill
- not needed by the target role sales promotion techniques knowledge
- not needed by the target role social security law knowledge
- not needed by the target role use data processing techniques skill
6 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- required, not held corporate social responsibility required
- required, not held accounting techniques required
- required, not held business management principles required
- required, not held financial analysis required
- required, not held financial management required
- required, not held financial statements required
Other moves recorded from insurance broker
- insurance collector 51% covered · moderate
- insurance claims handler 50% covered · moderate
- property insurance underwriter 46% covered · substantial
- insurance rating analyst 40% covered · substantial
- insurance underwriter 40% covered · substantial
- loss adjuster 39% covered · substantial
- insurance fraud investigator 38% covered · substantial
- insurance risk consultant 37% covered · substantial
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.