Table 1Transition record

insurance collectortoinsurance rating analyst

A insurance collector already meets 45% of what the insurance rating analyst role asks for. The move turns on 6 required skills not yet in the profile.

From insurance collector

45%

Overlap1

To insurance rating analyst

12 Skills carried over

6 Required, not held

52.4 Difficulty2

Career overlap Partial match

45%

Learning distance Real move, short list to learn

52.4/ 100

Easy adjacentmoderatesubstantialcareer change Hard

1 Share of the insurance rating analyst role’s weighted skill requirement already met by the insurance collector 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 rating analyst role treats 7 of its required skills as things a insurance collector already does. These are the ones it depends on most.

actuarial science
analyse financial risk
insurance law
insurance market
obtain financial information
principles of insurance

What stands in the way is 6 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 12 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 insurance collector background worth leading with.

Skill the target role also needs Area

already held create cooperation modalities communication, collaboration and creativity
already held insurance market business, administration and law
already held perform debt investigation information skills
already held analyse insurance risk information skills
already held insurance law business, administration and law
already held debt systems business, administration and law

All 12 carried skills, including the 7 the insurance rating analyst role treats as required.

Table 3

Table 3 · What you would need to learn

The 19 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, 5 supplementary

required, not held prepare credit reports required
required, not held analyse loans required
required, not held examine credit ratings required
required, not held synthesise financial information required

optional, not held consult credit score optional
optional, not held create underwriting guidelines optional
optional, not held advise on risk management optional
optional, not held analyse financial performance of a company optional
optional, not held forecast future levels of business optional

02 communication, collaboration and creativity 1 required, 4 supplementary

required, not held advise on financial matters required

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 communicate with banking professionals optional

03 business, administration and law 1 required, 1 supplementary

required, not held credit control processes required

optional, not held modern portfolio theory optional

04 assisting and caring 1 supplementary

optional, not held apply credit risk policy optional

05 management skills 1 supplementary

optional, not held create credit policy optional

06 natural sciences, mathematics and statistics 1 supplementary

optional, not held statistics optional

Table 4

Table 4 · Where to start

The 3 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 12 skills that carry over

Skill Type

already held actuarial science knowledge
already held analyse financial risk 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 types of insurance knowledge
already held analyse insurance risk skill
already held create cooperation modalities skill
already held debt systems knowledge
already held perform debt investigation skill
already held review investment portfolios skill

13 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held consult credit score optional
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 advise on risk management 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 communicate with banking professionals optional
optional, not held forecast future levels of business optional
optional, not held modern portfolio theory optional
optional, not held statistics optional

15 held skills the insurance rating analyst role does not ask for

Skill Type

not needed by the target role analyse insurance needs skill
not needed by the target role apply technical communication skills skill
not needed by the target role claims procedures knowledge
not needed by the target role create insurance policies skill
not needed by the target role credit card payments knowledge
not needed by the target role debt collection techniques knowledge
not needed by the target role develop investment portfolio 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 identify clients' needs skill
not needed by the target role maintain client debt records skill
not needed by the target role maintain records of financial transactions skill
not needed by the target role manage contracts skill
not needed by the target role provide support in financial calculation skill
not needed by the target role review insurance process skill

3 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 credit control processes required
optional, not held modern portfolio theory optional
optional, not held statistics optional

Index

Other moves recorded from insurance collector

Full index of moves from insurance collector

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.