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

property insurance underwritertoinsurance risk consultant

A property insurance underwriter already meets 48% of what the insurance risk consultant role asks for. The move turns on 7 required skills not yet in the profile.

From property insurance underwriter
48%
Overlap1
To insurance risk consultant
15 Skills carried over
7 Required, not held
50.4 Difficulty2
Career overlap Partial match

48%

Learning distance Real move, short list to learn

50.4/ 100

1 Share of the insurance risk consultant role’s weighted skill requirement already met by the property insurance underwriter 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 7 of its required skills as things a property insurance underwriter already does. These are the ones it depends on most.

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

What stands in the way is 7 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 insurance risk consultant role needs them, and most people applying for one will not have them already. This is the part of a property insurance underwriter 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 7 the insurance risk consultant role treats as required.

Table 3

Table 3 · What you would need to learn

The 17 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 4 required, 7 supplementary
  • required, not held conduct financial surveys required
  • required, not held advise on risk management required
  • required, not held obtain financial information required
  • required, not held perform risk analysis required
  • optional, not held compile statistical data for insurance purposes optional
  • optional, not held create risk maps optional
  • optional, not held produce materials for decision making optional
  • optional, not held apply statistical analysis techniques optional
  • optional, not held perform debt investigation optional
  • optional, not held provide support in financial calculation optional
  • optional, not held synthesise financial information 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 natural sciences, mathematics and statistics 1 required, 1 supplementary
  • required, not held survey techniques required
  • optional, not held statistics optional
04 communication, collaboration and creativity 1 required
  • required, not held prepare survey report 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 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 estimate damage skill
  • already held insurance law knowledge
  • already held principles of insurance knowledge
  • already held types of insurance knowledge
  • already held calculate insurance rate skill
  • already held claims procedures knowledge
  • 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 organise a damage assessment skill
  • already held review insurance process skill
10 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held compile statistical data for insurance purposes optional
  • optional, not held create risk maps optional
  • optional, not held produce materials for decision making optional
  • optional, not held apply statistical analysis techniques 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
  • optional, not held statistics optional
  • optional, not held synthesise financial information optional
18 held skills the insurance risk consultant role does not ask for
Skill Type
  • not needed by the target role advise on insurance policies skill
  • not needed by the target role analyse claim files skill
  • not needed by the target role analyse insurance needs skill
  • not needed by the target role assess coverage possibilities skill
  • not needed by the target role develop investment portfolio skill
  • not needed by the target role examine mortgage loan documents skill
  • not needed by the target role handle financial disputes 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 manage contract disputes skill
  • not needed by the target role manage loan applications skill
  • not needed by the target role mortgage loans knowledge
  • not needed by the target role negotiate on asset value skill
  • not needed by the target role property law knowledge
  • not needed by the target role real estate market knowledge
  • not needed by the target role real estate underwriting knowledge
  • not needed by the target role review investment portfolios skill
  • not needed by the target role track changes in text editing 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 risk identification required
  • required, not held survey techniques required
  • optional, not held debt systems optional
  • optional, not held modern portfolio theory optional
  • optional, not held statistics optional
Index

Other moves recorded from property insurance underwriter

Full index of moves from property insurance underwriter

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.