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name, description
name description
insurance-risk-consultant Occupational skill for the role 'insurance risk consultant' (also: risk and insurance consultant, insurance analyst, insurance adviser, insurance consultant, insurance risk associate, insurance risk surveyor). Use when the user asks for typical insurance risk consultant work such as: Analyze areas of potential risk to the assets, earning capacity, or success of organizations.; Analyze new legislation to determine impact on risk exposure.; Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models.

Insurance Risk Consultant

Insurance risk consultants prepare reports for insurance underwriters. For this purpose, they undertake surveys in order to determine the potential financial risk for personal products, properties or sites.

Core workflow

  1. Analyze areas of potential risk to the assets, earning capacity, or success of organizations.
  2. Analyze new legislation to determine impact on risk exposure.
  3. Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models.
  4. Confer with traders to identify and communicate risks associated with specific trading strategies or positions.
  5. Consult financial literature to ensure use of the latest models or statistical techniques.
  6. Contribute to development of risk management systems.
  7. Determine potential environmental impacts of new products or processes on long-term growth and profitability.
  8. Develop contingency plans to deal with emergencies.

How to use this skill

  • Read references/profile.md for the occupation profile and scope.
  • Consult references/tasks.md for the full task and activity inventory.
  • Check references/skills.md for essential vs. optional competences.
  • Check references/tools.md for the software commonly used in this role.

Key competences (essential)

  • actuarial science
  • advise on risk management
  • analyse financial risk
  • analyse insurance risk
  • conduct financial surveys
  • estimate damage
  • insurance law
  • obtain financial information
  • perform risk analysis
  • prepare survey report
  • principles of insurance
  • risk identification
  • survey techniques
  • types of insurance

Hot technologies

  • Intuit QuickBooks
  • IBM SPSS Statistics
  • SAS
  • TensorFlow
  • The MathWorks MATLAB
  • Microsoft Power BI
  • Tableau
  • Atlassian JIRA
  • Salesforce software
  • Apache Hive

Sources: ESCO v1.2.1 (http://data.europa.eu/esco/occupation/7bcafcd7-3f35-4a72-849c-c92b334927fd), ONET 30.3 (13-2054.00). See manifest.json for licensing/attribution.*