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?
Actuary
32%
AI or a robot can already do 32% of this job.
#24 / 103
View rankingActuary
Where the time goes
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.EstimateNo public source pins this saving. It is an estimate of the method. | 24% | 55% | +13.2 |
Draft technical reports and memos.EstimateNo public source pins this saving. It is an estimate of the method. | 18% | 48% | +8.6 |
Choose assumptions, tables and criteria.EstimateNo public source pins this saving. It is an estimate of the method. | 16% | 22% | +3.5 |
Explain to the board and the supervisor.EstimateNo public source pins this saving. It is an estimate of the method. | 16% | 15% | +2.4 |
Validate data quality and bias.EstimateNo public source pins this saving. It is an estimate of the method. | 14% | 12% | +1.7 |
Signed opinion and professional liability.EstimateNo 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
Skills this job uses
- Run models, reserves and sensitivities
- Draft technical reports and memos
- Choose assumptions, tables and criteria
- Explain to the board and the supervisor
- Validate data quality and bias
- Signed opinion and professional liability
- actuario
- actuary
Sources for this job· O*NET 15-2011.00· ESCO/ISCO 2120
IS WORK OVER?
Business analyst
39%
#7 / 103
View rankingBusiness analyst
Where the time goes
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 |
|---|---|---|---|
Gather and organize information on problems or procedures.EstimateNo public source pins this saving. It is an estimate of the method. | 23% | 28% | +6.4 |
Develop and implement records management program for filing, protection, and retrieval of records, and assure compliance with program.EstimateNo public source pins this saving. It is an estimate of the method. | 13% | 55% | +7.2 |
Confer with personnel concerned to ensure successful functioning of newly implemented systems or procedures.EstimateNo public source pins this saving. It is an estimate of the method. | 13% | 28% | +3.6 |
Analyze data gathered and develop solutions or alternative methods of proceeding.EstimateNo public source pins this saving. It is an estimate of the method. | 13% | 48% | +6.2 |
Recommend purchase of storage equipment and design area layout to locate equipment in space available.EstimateNo public source pins this saving. It is an estimate of the method. | 11% | 28% | +3.1 |
Design, evaluate, recommend, and approve changes of forms and reports.EstimateNo public source pins this saving. It is an estimate of the method. | 7% | 55% | +3.9 |
Prepare manuals and train workers in use of new forms, reports, procedures or equipment, according to organizational policy.EstimateNo public source pins this saving. It is an estimate of the method. | 5% | 55% | +2.8 |
Review forms and reports and confer with management and users about format, distribution, and purpose, identifying problems and improvements.EstimateNo public source pins this saving. It is an estimate of the method. | 5% | 55% | +2.8 |
Other less frequent tasks (weight estimated from frequency).EstimateNo public source pins this saving. It is an estimate of the method. | 10% | 28% | +2.8 |
| Total | 100% | 39% |
Modelled week 100% · Public evidence 0% · Estimate 100% · Confidence: Low
Skills this job uses
- business analysis
- risk management
- market research
- scientific research methodology
- perform business analysis
- identify undetected organisational needs
- analyse business plans
- interpret financial statements
- conduct quantitative research
- analyse financial performance of a company
Sources for this job· O*NET 13-1111.00· ESCO/ISCO 2421