IS WORK OVER?

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

Actuary

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.

TaskShareAIAdds
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
Total100%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

Customer support agent

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.

TaskShareAIAdds
Confer with customers by telephone or in person to provide information about products or services, take or enter orders, cancel accounts, or obtain details of complaints.
Estimate

No public source pins this saving. It is an estimate of the method.

17%28%+4.8
Keep records of customer interactions or transactions, recording details of inquiries, complaints, or comments, as well as actions taken.
Estimate

No public source pins this saving. It is an estimate of the method.

15%55%+8.3
Complete contract forms, prepare change of address records, or issue service discontinuance orders, using computers.
Estimate

No public source pins this saving. It is an estimate of the method.

13%55%+7.2
Check to ensure that appropriate changes were made to resolve customers' problems.
Estimate

No public source pins this saving. It is an estimate of the method.

11%28%+3.1
Determine charges for services requested, collect deposits or payments, or arrange for billing.
Estimate

No public source pins this saving. It is an estimate of the method.

11%28%+3.1
Solicit sales of new or additional services or products.
Estimate

No public source pins this saving. It is an estimate of the method.

11%28%+3.1
Resolve customers' service or billing complaints by performing activities such as exchanging merchandise, refunding money, or adjusting bills.
Estimate

No public source pins this saving. It is an estimate of the method.

9%28%+2.5
Refer unresolved customer grievances to designated departments for further investigation.
Estimate

No public source pins this saving. It is an estimate of the method.

7%28%+2
Other less frequent tasks (weight estimated from frequency).
Estimate

No public source pins this saving. It is an estimate of the method.

6%28%+1.7
Total100%36%

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

Skills this job uses

  • customer insight
  • characteristics of products
  • customer service
  • guarantee customer satisfaction
  • communicate with customers
  • use databases
  • answer incoming calls
  • keep records of customer interaction
  • perform customer management
  • collect customer data

Sources for this job· O*NET 43-4051.00· ESCO/ISCO 4222

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