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

pensions administratortoinsurance collector

A pensions administrator already meets 33% of what the insurance collector role asks for. The move turns on 9 required skills not yet in the profile.

From pensions administrator
33%
Overlap1
To insurance collector
8 Skills carried over
9 Required, not held
61.6 Difficulty2
Career overlap Distant match

33%

Learning distance Substantial retraining

61.6/ 100

1 Share of the insurance collector role’s weighted skill requirement already met by the pensions administrator 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 collector role treats 5 of its required skills as things a pensions administrator already does. These are the ones it depends on most.

  • analyse financial risk
  • handle financial transactions
  • maintain records of financial transactions
  • obtain financial information
  • provide support in financial calculation

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 8 skills that carry over, these are the ones fewest other occupations ask for. A insurance collector role needs them, and most people applying for one will not have them already. This is the part of a pensions administrator background worth leading with.

Skill the target role also needs Area
  • already held handle financial disputes communication, collaboration and creativity
  • already held provide support in financial calculation information skills
  • already held maintain records of financial transactions information skills
  • already held actuarial science natural sciences, mathematics and statistics
  • already held obtain financial information information skills
  • already held analyse financial risk information skills

All 8 carried skills, including the 5 the insurance collector 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 business, administration and law 5 required, 3 supplementary
  • required, not held credit card payments required
  • required, not held debt collection techniques required
  • required, not held debt systems required
  • required, not held insurance law required
  • required, not held types of insurance required
  • optional, not held claims procedures optional
  • optional, not held principles of insurance optional
  • optional, not held insurance market optional
02 communication, collaboration and creativity 2 required, 4 supplementary
  • required, not held create cooperation modalities required
  • required, not held identify clients' needs required
  • optional, not held analyse insurance needs optional
  • optional, not held create insurance policies optional
  • optional, not held manage contracts optional
  • optional, not held review investment portfolios optional
03 information skills 2 required, 2 supplementary
  • required, not held maintain client debt records required
  • required, not held perform debt investigation required
  • optional, not held review insurance process optional
  • optional, not held analyse insurance risk optional
04 management skills 1 supplementary
  • optional, not held develop investment portfolio optional
Table 4

Table 4 · Where to start

The 3 entries a insurance collector 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 8 skills that carry over
Skill Type
  • already held analyse financial risk skill
  • already held handle financial transactions skill
  • already held maintain records of financial transactions skill
  • already held obtain financial information skill
  • already held provide support in financial calculation skill
  • already held actuarial science knowledge
  • already held apply technical communication skills skill
  • already held handle financial disputes skill
10 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held claims procedures optional
  • optional, not held principles of insurance optional
  • optional, not held review insurance process optional
  • optional, not held analyse insurance needs optional
  • optional, not held analyse insurance risk optional
  • optional, not held create insurance policies optional
  • optional, not held develop investment portfolio optional
  • optional, not held insurance market optional
  • optional, not held manage contracts optional
  • optional, not held review investment portfolios optional
20 held skills the insurance collector role does not ask for
Skill Type
  • not needed by the target role advise on social security benefits skill
  • not needed by the target role calculate employee benefits skill
  • not needed by the target role communicate with beneficiaries skill
  • not needed by the target role comply with legal regulations skill
  • not needed by the target role corporate social responsibility knowledge
  • not needed by the target role develop pension schemes skill
  • not needed by the target role ensure information transparency skill
  • not needed by the target role government social security programmes knowledge
  • not needed by the target role investigate social security applications skill
  • not needed by the target role legal research knowledge
  • not needed by the target role manage financial risk skill
  • not needed by the target role manage pension funds skill
  • not needed by the target role promote social security programmes skill
  • not needed by the target role protect client interests skill
  • not needed by the target role provide financial product information skill
  • not needed by the target role social security law knowledge
  • not needed by the target role synthesise financial information skill
  • not needed by the target role trace financial transactions skill
  • not needed by the target role types of pensions knowledge
  • not needed by the target role use IT tools skill
8 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 card payments required
  • required, not held debt collection techniques required
  • required, not held debt systems required
  • required, not held insurance law required
  • required, not held types of insurance required
  • optional, not held claims procedures optional
  • optional, not held principles of insurance optional
  • optional, not held insurance market optional
Index

Other moves recorded from pensions administrator

Full index of moves from pensions administrator

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.