Automation index
Can AI do a Actuary’s job?
Actuaries model risk, premiums and reserves under the rules.
It does not tell you how many jobs will vanish.
IS WORK OVER?
Actuary
32%
AI or a robot can already do 32% of this job.
#48 / 182
isworkover.com
Where the week goes
Score = Σ (weight × saving). Weights are our frequency estimate, not an O*NET time %. Saving is separate evidence or estimate.
Task weights are our estimate from O*NET frequency (FT). O*NET does not publish share of the week.
| Task | Share | AI | Adds |
|---|---|---|---|
Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
EstimateNo public source pins this saving. It is an estimate from the method. |
18% | 28% | +5 |
Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
EstimateNo public source pins this saving. It is an estimate from the method. |
18% | 48% | +8.6 |
Provide advice to clients on a contract basis, working as a consultant.
EstimateNo public source pins this saving. It is an estimate from the method. |
16% | 28% | +4.5 |
Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.
EstimateNo public source pins this saving. It is an estimate from the method. |
14% | 28% | +3.9 |
Design, review, and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
EstimateNo public source pins this saving. It is an estimate from the method. |
12% | 28% | +3.4 |
Determine, or help determine, company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.
EstimateNo public source pins this saving. It is an estimate from the method. |
8% | 28% | +2.2 |
Construct probability tables for events such as fires, natural disasters, and unemployment, based on analysis of statistical data and other pertinent information.
EstimateNo public source pins this saving. It is an estimate from the method. |
4% | 48% | +1.9 |
Provide expertise to help financial institutions manage risks and maximize returns associated with investment products or credit offerings.
EstimateNo public source pins this saving. It is an estimate from the method. |
4% | 28% | +1.1 |
Other less frequent tasks (weight estimated from frequency).
EstimateNo public source pins this saving. It is an estimate from the method. |
6% | 28% | +1.7 |
| Total | 100% | 32% |
Modelled week 100% · Public evidence 0% · Estimate 100% · Confidence: Low
Occupation sources · O*NET 15-2011.00 · ESCO/ISCO 2120