Table 1Transition record

insurance claims handlertoinsurance risk consultant

A insurance claims handler already meets 42% of what the insurance risk consultant role asks for. The move turns on 8 required skills not yet in the profile.

From insurance claims handler

42%

Overlap1

To insurance risk consultant

13 Skills carried over

8 Required, not held

56.5 Difficulty2

Career overlap Partial match

42%

Learning distance Substantial retraining

56.5/ 100

Easy adjacentmoderatesubstantialcareer change Hard

1 Share of the insurance risk consultant role’s weighted skill requirement already met by the insurance claims handler 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 risk consultant role treats 6 of its required skills as things a insurance claims handler already does. These are the ones it depends on most.

actuarial science
analyse financial risk
estimate damage
insurance law
principles of insurance
types of insurance

What stands in the way is 8 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 13 skills that carry over, these are the ones fewest other occupations ask for. A insurance risk consultant role needs them, and most people applying for one will not have them already. This is the part of a insurance claims handler background worth leading with.

Skill the target role also needs Area

already held decide on insurance applications management skills
already held claims procedures business, administration and law
already held review insurance process information skills
already held estimate damage information skills
already held organise a damage assessment management skills
already held insurance law business, administration and law

All 13 carried skills, including the 6 the insurance risk consultant role treats as required.

Table 3

Table 3 · What you would need to learn

The 19 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 5 required, 8 supplementary

required, not held conduct financial surveys required
required, not held advise on risk management required
required, not held analyse insurance risk required
required, not held obtain financial information required
required, not held perform risk analysis required

optional, not held calculate insurance rate optional
optional, not held collect property financial information optional
optional, not held compile statistical data for insurance purposes optional
optional, not held create risk maps optional
optional, not held create underwriting guidelines optional
optional, not held produce materials for decision making optional
optional, not held perform debt investigation optional
optional, not held provide support in financial calculation optional

02 business, administration and law 1 required, 2 supplementary

required, not held risk identification required

optional, not held debt systems optional
optional, not held modern portfolio theory optional

03 communication, collaboration and creativity 1 required, 1 supplementary

required, not held prepare survey report required

optional, not held create insurance policies optional

04 natural sciences, mathematics and statistics 1 required

required, not held survey techniques required

Table 4

Table 4 · Where to start

The 3 entries a insurance risk consultant 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 13 skills that carry over

Skill Type

already held actuarial science knowledge
already held analyse financial risk skill
already held estimate damage skill
already held insurance law knowledge
already held principles of insurance knowledge
already held types of insurance knowledge
already held apply statistical analysis techniques skill
already held claims procedures knowledge
already held decide on insurance applications skill
already held organise a damage assessment skill
already held review insurance process skill
already held statistics knowledge
already held synthesise financial information skill

11 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held calculate insurance rate optional
optional, not held collect property financial information optional
optional, not held compile statistical data for insurance purposes optional
optional, not held create risk maps optional
optional, not held create underwriting guidelines optional
optional, not held produce materials for decision making optional
optional, not held create insurance policies optional
optional, not held debt systems optional
optional, not held modern portfolio theory optional
optional, not held perform debt investigation optional
optional, not held provide support in financial calculation optional

19 held skills the insurance risk consultant role does not ask for

Skill Type

not needed by the target role analyse claim files skill
not needed by the target role apply technical communication skills skill
not needed by the target role assess coverage possibilities skill
not needed by the target role calculate compensation payments skill
not needed by the target role classify insurance claims skill
not needed by the target role communicate with beneficiaries skill
not needed by the target role ensure cross-department cooperation skill
not needed by the target role fraud detection knowledge
not needed by the target role handle customer complaints skill
not needed by the target role handle financial disputes skill
not needed by the target role handle financial transactions skill
not needed by the target role handle incoming insurance claims skill
not needed by the target role insurance market knowledge
not needed by the target role interview insurance claimants skill
not needed by the target role maintain records of financial transactions skill
not needed by the target role manage claim files skill
not needed by the target role manage claims process skill
not needed by the target role provide financial product information skill
not needed by the target role trace financial transactions skill

4 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 risk identification required
required, not held survey techniques required
optional, not held debt systems optional
optional, not held modern portfolio theory optional

Index

Other moves recorded from insurance claims handler

Full index of moves from insurance claims handler

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.