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

Data 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.

TaskShareAIAdds
Generate standard or custom reports summarizing business, financial, or economic data for review by executives, managers, clients, and other stakeholders.
Estimate

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

14%55%+7.7
Manage timely flow of business intelligence information to users.
Estimate

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

13%28%+3.6
Maintain or update business intelligence tools, databases, dashboards, systems, or methods.
Estimate

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

11%48%+5.3
Provide technical support for existing reports, dashboards, or other tools.
Estimate

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

9%55%+5
Synthesize current business intelligence or trend data to support recommendations for action.
Estimate

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

6%28%+1.7
Create business intelligence tools or systems, including design of related databases, spreadsheets, or outputs.
Estimate

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

6%55%+3.3
Collect business intelligence data from available industry reports, public information, field reports, or purchased sources.
Estimate

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

6%55%+3.3
Identify or monitor current and potential customers, using business intelligence tools.
Estimate

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

6%28%+1.7
Other less frequent tasks (weight estimated from frequency).
Estimate

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

29%28%+8.1
Total100%40%

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

Skills this job uses

  • analyse data
  • models
  • dashboards
  • python
  • information structure
  • data warehouse
  • database
  • web programming
  • ICT security legislation
  • business process modelling

Sources for this job· O*NET 15-2051.01· ESCO/ISCO 2521

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