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

insurance brokertoinsurance claims manager

A insurance broker already meets 32% of what the insurance claims manager role asks for. The move turns on 16 required skills not yet in the profile.

From insurance broker
32%
Overlap1
To insurance claims manager
14 Skills carried over
16 Required, not held
69.5 Difficulty2
Career overlap Distant match

32%

Learning distance Substantial retraining

69.5/ 100

1 Share of the insurance claims 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

Why this move works

A insurance claims manager role treats 7 of its required skills as things a insurance broker already does. These are the ones it depends on most.

  • advise on financial matters
  • insurance law
  • manage claim files
  • manage claims process
  • organise a damage assessment
  • principles of insurance

What stands in the way is 16 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 14 skills that carry over, these are the ones fewest other occupations ask for. A insurance claims 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.

Skill the target role also needs Area
  • already held initiate claim file information skills
  • already held manage claim files information skills
  • already held analyse claim files information skills
  • already held create insurance policies communication, collaboration and creativity
  • already held insurance market business, administration and law
  • already held organise a damage assessment management skills

All 14 carried skills, including the 7 the insurance claims manager role treats as required.

Table 3

Table 3 · What you would need to learn

The 27 missing skills fall into 6 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 4 required, 4 supplementary
  • required, not held review insurance process required
  • required, not held analyse market financial trends required
  • required, not held conduct financial audits required
  • required, not held prepare financial auditing reports required
  • optional, not held estimate damage optional
  • optional, not held analyse financial performance of a company optional
  • optional, not held analyse financial risk optional
  • optional, not held manage financial risk optional
02 management skills 4 required, 3 supplementary
  • required, not held lead claim examiners required
  • required, not held enforce financial policies required
  • required, not held manage staff required
  • required, not held strive for company growth required
  • optional, not held create a financial plan optional
  • optional, not held plan health and safety procedures optional
  • optional, not held recruit employees optional
03 business, administration and law 4 required
  • required, not held corporate social responsibility required
  • required, not held financial analysis required
  • required, not held financial management required
  • required, not held financial statements required
04 communication, collaboration and creativity 2 required, 4 supplementary
  • required, not held handle incoming insurance claims required
  • required, not held liaise with managers required
  • optional, not held assess customer credibility optional
  • optional, not held ensure cross-department cooperation optional
  • optional, not held handle customer complaints optional
  • optional, not held handle financial disputes optional
05 assisting and caring 1 required
  • required, not held follow company standards required
06 services 1 required
  • required, not held fraud detection required
Table 4

Table 4 · Where to start

The 3 entries a insurance claims 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 14 skills that carry over
Skill Type
  • already held advise on financial matters skill
  • already held insurance law knowledge
  • already held manage claim files skill
  • already held manage claims process skill
  • already held organise a damage assessment skill
  • already held principles of insurance knowledge
  • already held types of insurance knowledge
  • already held analyse claim files skill
  • already held analyse insurance risk skill
  • already held apply technical communication skills skill
  • already held create insurance policies skill
  • already held initiate claim file skill
  • already held insurance market knowledge
  • already held manage contract disputes skill
11 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held assess customer credibility optional
  • optional, not held estimate damage optional
  • optional, not held analyse financial performance of a company optional
  • optional, not held analyse financial risk optional
  • optional, not held create a financial plan optional
  • optional, not held ensure cross-department cooperation optional
  • optional, not held handle customer complaints optional
  • optional, not held handle financial disputes optional
  • optional, not held manage financial risk optional
  • optional, not held plan health and safety procedures optional
  • optional, not held recruit employees optional
32 held skills the insurance claims manager role does not ask for
Skill Type
  • not needed by the target role actuarial science knowledge
  • not needed by the target role analyse insurance needs skill
  • not needed by the target role apply statistical analysis techniques skill
  • not needed by the target role build business relationships skill
  • not needed by the target role calculate insurance rate skill
  • not needed by the target role claims procedures knowledge
  • not needed by the target role compare insurance products skill
  • not needed by the target role contract law knowledge
  • not needed by the target role create cooperation modalities skill
  • not needed by the target role customer service knowledge
  • not needed by the target role decide on insurance applications skill
  • 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 identify clients' needs skill
  • not needed by the target role inform on insurance products 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 contracts 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 provide cost benefit analysis reports skill
  • not needed by the target role sales promotion techniques knowledge
  • not needed by the target role sell insurance skill
  • not needed by the target role social security law knowledge
  • not needed by the target role tax legislation knowledge
  • not needed by the target role use data processing techniques skill
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 corporate social responsibility required
  • required, not held financial analysis required
  • required, not held financial management required
  • required, not held financial statements required
  • required, not held fraud detection required
Index

Other moves recorded from insurance broker

Full index of moves from insurance broker

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.