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

Customer support agent

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
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 provides a precise figure. This is our estimate.

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 provides a precise figure. This is our estimate.

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

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

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

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

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

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

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

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

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 provides a precise figure. This is our estimate.

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

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

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

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

6%28%+1.7
Total100%36%

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

Skills and activities

  • 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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