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

property insurance underwritertoinsurance underwriter

A property insurance underwriter already meets 52% of what the insurance underwriter role asks for. The move turns on 8 required skills not yet in the profile.

From property insurance underwriter
52%
Overlap1
To insurance underwriter
24 Skills carried over
8 Required, not held
52.6 Difficulty2
Career overlap Partial match

52%

Learning distance Real move, short list to learn

52.6/ 100

1 Share of the insurance underwriter 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 underwriter role treats 12 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
  • claims procedures
  • collect property financial information
  • create insurance policies
  • decide on insurance applications

What stands in the way is 8 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 24 skills that carry over, these are the ones fewest other occupations ask for. A insurance underwriter 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 real estate underwriting business, administration and law
  • already held decide on insurance applications management skills
  • already held calculate insurance rate information skills
  • already held create underwriting guidelines information skills
  • already held claims procedures business, administration and law
  • already held review insurance process information skills

All 24 carried skills, including the 12 the insurance underwriter role treats as required.

Table 3

Table 3 · What you would need to learn

The 28 missing skills fall into 5 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, 8 supplementary
  • required, not held assess financial viability required
  • required, not held manage financial risk required
  • required, not held obtain financial information required
  • required, not held provide support in financial calculation required
  • optional, not held perform property market research optional
  • optional, not held compare property values optional
  • optional, not held conduct financial audits optional
  • optional, not held ensure proper document management optional
  • optional, not held examine credit ratings optional
  • optional, not held interpret financial statements optional
  • optional, not held prepare financial auditing reports optional
  • optional, not held synthesise financial information optional
02 business, administration and law 2 required, 3 supplementary
  • required, not held business loans required
  • required, not held modern portfolio theory required
  • optional, not held credit control processes optional
  • optional, not held financial statements optional
  • optional, not held market analysis optional
03 communication, collaboration and creativity 1 required, 8 supplementary
  • required, not held create cooperation modalities required
  • optional, not held assess customer credibility optional
  • optional, not held explain financial jargon optional
  • optional, not held apply technical communication skills optional
  • optional, not held communicate with customers optional
  • optional, not held identify clients' needs optional
  • optional, not held inform on renting agreements optional
  • optional, not held manage contracts optional
  • optional, not held negotiate loan agreements optional
04 management skills 1 required
  • required, not held create a financial plan required
05 assisting and caring 1 supplementary
  • optional, not held assist in loan applications optional
Table 4

Table 4 · Where to start

The 3 entries a 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 24 skills that carry over
Skill Type
  • already held actuarial science knowledge
  • already held analyse financial risk skill
  • already held claims procedures knowledge
  • already held collect property financial information skill
  • already held create insurance policies skill
  • already held decide on insurance applications skill
  • already held insurance law knowledge
  • already held principles of insurance knowledge
  • already held property law knowledge
  • already held real estate underwriting knowledge
  • already held review insurance process skill
  • already held types of insurance knowledge
  • already held analyse insurance needs skill
  • already held analyse insurance risk skill
  • already held calculate insurance rate skill
  • already held create underwriting guidelines skill
  • already held develop investment portfolio skill
  • already held estimate damage skill
  • already held handle financial disputes skill
  • already held insurance market knowledge
  • already held manage contract disputes skill
  • already held organise a damage assessment skill
  • already held real estate market knowledge
  • already held review investment portfolios skill
20 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held assess customer credibility optional
  • optional, not held explain financial jargon optional
  • optional, not held perform property market research optional
  • optional, not held apply technical communication skills optional
  • optional, not held assist in loan applications optional
  • optional, not held communicate with customers optional
  • optional, not held compare property values optional
  • optional, not held conduct financial audits optional
  • optional, not held credit control processes optional
  • optional, not held ensure proper document management optional
  • optional, not held examine credit ratings optional
  • optional, not held financial statements optional
  • optional, not held identify clients' needs optional
  • optional, not held inform on renting agreements optional
  • optional, not held interpret financial statements optional
  • optional, not held manage contracts optional
  • optional, not held market analysis optional
  • optional, not held negotiate loan agreements optional
  • optional, not held prepare financial auditing reports optional
  • optional, not held synthesise financial information optional
9 held skills the insurance underwriter 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 assess coverage possibilities skill
  • not needed by the target role examine mortgage loan documents skill
  • not needed by the target role handle incoming insurance claims 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 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 business loans required
  • required, not held modern portfolio theory required
  • optional, not held credit control processes optional
  • optional, not held financial statements optional
  • optional, not held market analysis optional
Index
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.