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

insurance risk consultanttoactuarial assistant

A insurance risk consultant already meets 57% of what the actuarial assistant role asks for. The move turns on 4 required skills not yet in the profile.

From insurance risk consultant
57%
Overlap1
To actuarial assistant
13 Skills carried over
4 Required, not held
39 Difficulty2
Career overlap Partial match

57%

Learning distance Real move, short list to learn

39/ 100

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

  • actuarial science
  • apply statistical analysis techniques
  • calculate insurance rate
  • compile statistical data for insurance purposes
  • obtain financial information
  • statistics

What stands in the way is 4 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 actuarial assistant role needs them, and most people applying for one will not have them already. This is the part of a insurance risk consultant background worth leading with.

Skill the target role also needs Area
  • already held compile statistical data for insurance purposes information skills
  • already held calculate insurance rate information skills
  • already held create insurance policies communication, collaboration and creativity
  • already held analyse insurance risk information skills
  • already held insurance law business, administration and law
  • already held principles of insurance business, administration and law

All 13 carried skills, including the 6 the actuarial assistant role treats as required.

Table 3

Table 3 · What you would need to learn

The 11 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 2 required, 4 supplementary
  • required, not held analyse market financial trends required
  • required, not held carry out statistical forecasts required
  • optional, not held consult credit score optional
  • optional, not held examine credit ratings optional
  • optional, not held produce statistical financial records optional
  • optional, not held provide cost benefit analysis reports optional
02 business, administration and law 1 required, 2 supplementary
  • required, not held financial markets required
  • optional, not held insurance market optional
  • optional, not held risk management optional
03 natural sciences, mathematics and statistics 1 required
  • required, not held statistical analysis system software required
04 communication, collaboration and creativity 1 supplementary
  • optional, not held advise on insurance policies optional
Table 4

Table 4 · Where to start

The 3 entries a actuarial assistant 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 apply statistical analysis techniques skill
  • already held calculate insurance rate skill
  • already held compile statistical data for insurance purposes skill
  • already held obtain financial information skill
  • already held statistics knowledge
  • already held analyse financial risk skill
  • already held analyse insurance risk skill
  • already held create insurance policies skill
  • already held insurance law knowledge
  • already held perform risk analysis skill
  • already held principles of insurance knowledge
  • already held types of insurance knowledge
7 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held advise on insurance policies optional
  • optional, not held consult credit score optional
  • optional, not held examine credit ratings optional
  • optional, not held insurance market optional
  • optional, not held produce statistical financial records optional
  • optional, not held provide cost benefit analysis reports optional
  • optional, not held risk management optional
19 held skills the actuarial assistant role does not ask for
Skill Type
  • not needed by the target role advise on risk management skill
  • not needed by the target role claims procedures knowledge
  • not needed by the target role collect property financial information skill
  • not needed by the target role conduct financial surveys skill
  • not needed by the target role create risk maps skill
  • not needed by the target role create underwriting guidelines skill
  • not needed by the target role debt systems knowledge
  • 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 modern portfolio theory knowledge
  • not needed by the target role organise a damage assessment skill
  • not needed by the target role perform debt investigation skill
  • not needed by the target role prepare survey report skill
  • not needed by the target role produce materials for decision making skill
  • not needed by the target role provide support in financial calculation skill
  • not needed by the target role review insurance process skill
  • not needed by the target role risk identification knowledge
  • not needed by the target role survey techniques knowledge
  • not needed by the target role synthesise financial information 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 financial markets required
  • required, not held statistical analysis system software required
  • optional, not held insurance market optional
  • optional, not held risk management optional
Index

Other moves recorded from insurance risk consultant

Full index of moves from insurance risk consultant

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.