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

Commercial registrar

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
Review deeds, accounts and appointments.
Estimate

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

18%48%+8.6
Entries, notes and the official gazette.
Estimate

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

16%40%+6.4
Annual accounts, filings and the registry freeze.
Estimate

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

16%28%+4.5
Presenter, notary and the qualification doubt.
Estimate

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

18%18%+3.2
Appeals, reports and the directorate.
Estimate

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

16%22%+3.5
The commercial folio and the faith of the register.
Estimate

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

16%14%+2.2
Total100%28%

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

Skills and activities

  • qualify deeds
  • commercial entries
  • annual accounts
  • official gazette
  • appointments
  • registry freeze
  • commercial notes
  • companies directorate

Sources for this job· O*NET 23-2093.00· ESCO/ISCO 2619

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