Automation index

Can AI do the work of a Actuary?

Running a model and a reserving report is shorter. Signing the assumptions and answering the supervisor is not.

It also does not predict how many people will lose their jobs.

Task comparison

IS WORK OVER?

32%

AI or a robot can already do 32% of this job.

#24 / 103

Actuary

Score = Σ (weight × saving). Weight is our estimate from frequency, not a time share published by O*NET. Saving is separate.

Weights are our estimate from O*NET frequency (FT). O*NET does not publish % of the week.

Task	Share	AI	Adds
Run models, reserves and sensitivities. Estimate No public source pins this saving. It is an estimate of the method.	24%	55%	+13.2
Draft technical reports and memos. Estimate No public source pins this saving. It is an estimate of the method.	18%	48%	+8.6
Choose assumptions, tables and criteria. Estimate No public source pins this saving. It is an estimate of the method.	16%	22%	+3.5
Explain to the board and the supervisor. Estimate No public source pins this saving. It is an estimate of the method.	16%	15%	+2.4
Validate data quality and bias. Estimate No public source pins this saving. It is an estimate of the method.	14%	12%	+1.7
Signed opinion and professional liability. Estimate No public source pins this saving. It is an estimate of the method.	12%	18%	+2.2
Total	100%		32%

Modelled week 100% · Public evidence 0% · Estimate 100% · Confidence: Low

IS WORK OVER?

27%

#71 / 103

Banker

Score = Σ (weight × saving). Weight is our estimate from frequency, not a time share published by O*NET. Saving is separate.

Weights are our estimate from O*NET frequency (FT). O*NET does not publish % of the week.

Task	Share	AI	Adds
Client file, scoring and desk KYC. Estimate No public source pins this saving. It is an estimate of the method.	22%	48%	+10.6
Product proposals, simulation and reporting. Estimate No public source pins this saving. It is an estimate of the method.	18%	40%	+7.2
Meetings, negotiation and close. Estimate No public source pins this saving. It is an estimate of the method.	16%	18%	+2.9
Risk calls, exceptions and escalation. Estimate No public source pins this saving. It is an estimate of the method.	16%	12%	+1.9
Compliance, audit and the file. Estimate No public source pins this saving. It is an estimate of the method.	14%	15%	+2.1
Book, referrals and long relationship. Estimate No public source pins this saving. It is an estimate of the method.	14%	16%	+2.2
Total	100%		27%

Modelled week 100% · Public evidence 0% · Estimate 100% · Confidence: Low