Table 1Transition record

insurance risk consultanttoproperty insurance underwriter

A insurance risk consultant already meets 46% of what the property insurance underwriter role asks for. The move turns on 9 required skills not yet in the profile.

From insurance risk consultant

46%

Overlap1

To property insurance underwriter

15 Skills carried over

9 Required, not held

54.9 Difficulty2

Career overlap Partial match

46%

Learning distance Real move, short list to learn

54.9/ 100

adjacentmoderatesubstantialcareer change

1 Share of the property insurance underwriter 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 property insurance underwriter role treats 8 of its required skills as things a insurance risk consultant already does. These are the ones it depends on most.

actuarial science
analyse financial risk
analyse insurance risk
claims procedures
insurance law
principles of insurance

What stands in the way is 9 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 15 skills that carry over, these are the ones fewest other occupations ask for. A property insurance underwriter 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 calculate insurance rate information skills
already held create underwriting guidelines information skills
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 create insurance policies communication, collaboration and creativity

All 15 carried skills, including the 8 the property insurance underwriter role treats as required.

Table 3

Table 3 · What you would need to learn

The 18 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 communication, collaboration and creativity 3 required, 5 supplementary

required, not held handle incoming insurance claims required
required, not held review investment portfolios required
required, not held track changes in text editing required

optional, not held advise on insurance policies optional
optional, not held negotiate on asset value optional
optional, not held analyse insurance needs optional
optional, not held handle financial disputes optional
optional, not held manage contract disputes optional

02 business, administration and law 3 required, 2 supplementary

required, not held real estate underwriting required
required, not held mortgage loans required
required, not held property law required

optional, not held insurance market optional
optional, not held real estate market optional

03 information skills 2 required, 1 supplementary

required, not held analyse claim files required
required, not held assess coverage possibilities required

optional, not held examine mortgage loan documents optional

04 management skills 1 required, 1 supplementary

required, not held develop investment portfolio required

optional, not held manage loan applications optional

Table 4

Table 4 · Where to start

The 3 entries a property insurance underwriter 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 15 skills that carry over

Skill Type

already held actuarial science knowledge
already held analyse financial risk skill
already held analyse insurance risk skill
already held claims procedures knowledge
already held insurance law knowledge
already held principles of insurance knowledge
already held review insurance process skill
already held types of insurance knowledge
already held calculate insurance rate skill
already held collect property financial information skill
already held create insurance policies skill
already held create underwriting guidelines skill
already held decide on insurance applications skill
already held estimate damage skill
already held organise a damage assessment skill

9 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held advise on insurance policies optional
optional, not held manage loan applications optional
optional, not held negotiate on asset value optional
optional, not held analyse insurance needs optional
optional, not held examine mortgage loan documents optional
optional, not held handle financial disputes optional
optional, not held insurance market optional
optional, not held manage contract disputes optional
optional, not held real estate market optional

17 held skills the property insurance underwriter role does not ask for

Skill Type

not needed by the target role advise on risk management skill
not needed by the target role apply statistical analysis techniques skill
not needed by the target role compile statistical data for insurance purposes 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 debt systems knowledge
not needed by the target role modern portfolio theory knowledge
not needed by the target role obtain financial information skill
not needed by the target role perform debt investigation skill
not needed by the target role perform risk analysis 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 risk identification knowledge
not needed by the target role statistics knowledge
not needed by the target role survey techniques knowledge
not needed by the target role synthesise financial information 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 real estate underwriting required
required, not held mortgage loans required
required, not held property law required
optional, not held insurance market optional
optional, not held real estate market 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.