IS WORK OVER?

Automation index

How much of a Actuary’s job can AI already do?

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

This percentage does not predict how many people will lose their jobs.

Task comparison

Actuary

Where the time goes

Task weights are our estimates based on O*NET frequency data, not time shares published by O*NET.

The time saving for each task is estimated separately.

TaskShareAIPoints
Run models, reserves and sensitivities.
Estimate

No public source provides a precise figure. This is our estimate.

24%55%+13.2
Draft technical reports and memos.
Estimate

No public source provides a precise figure. This is our estimate.

18%48%+8.6
Choose assumptions, tables and criteria.
Estimate

No public source provides a precise figure. This is our estimate.

16%22%+3.5
Explain to the board and the supervisor.
Estimate

No public source provides a precise figure. This is our estimate.

16%15%+2.4
Validate data quality and bias.
Estimate

No public source provides a precise figure. This is our estimate.

14%12%+1.7
Signed opinion and professional liability.
Estimate

No public source provides a precise figure. This is our estimate.

12%18%+2.2
Total100%32%

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

Skills and activities

  • 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

CNC machinist

Where the time goes

Task weights are our estimates based on O*NET frequency data, not time shares published by O*NET.

The time saving for each task is estimated separately.

TaskShareAIPoints
Program, simulate and document the cycle.
Estimate

No public source provides a precise figure. This is our estimate.

20%45%+9
Work orders, paper metrology and batches.
Estimate

No public source provides a precise figure. This is our estimate.

16%32%+5.1
Set up, set zeros and start.
Estimate

No public source provides a precise figure. This is our estimate.

20%14%+2.8
Measure, adjust and not break a tool.
Estimate

No public source provides a precise figure. This is our estimate.

16%18%+2.9
Maintenance, swarf and safety.
Estimate

No public source provides a precise figure. This is our estimate.

14%16%+2.2
Talk to engineering when the drawing lies.
Estimate

No public source provides a precise figure. This is our estimate.

14%15%+2.1
Total100%24%

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

Skills and activities

  • Program, simulate and document the cycle
  • Work orders, paper metrology and batches
  • Set up, set zeros and start
  • Measure, adjust and not break a tool
  • Maintenance, swarf and safety
  • Talk to engineering when the drawing lies
  • cnc
  • operario cnc
  • fresador
  • tornero cnc

Sources for this job· O*NET 51-4041.00· ESCO/ISCO 7223

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