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
IS WORK OVER?
Actuary
32%
AI or a robot can already do 32% of this job.
#24 / 103
View rankingActuary
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.
| Task | Share | AI | Adds |
|---|---|---|---|
Run models, reserves and sensitivities.EstimateNo public source pins this saving. It is an estimate of the method. | 24% | 55% | +13.2 |
Draft technical reports and memos.EstimateNo public source pins this saving. It is an estimate of the method. | 18% | 48% | +8.6 |
Choose assumptions, tables and criteria.EstimateNo public source pins this saving. It is an estimate of the method. | 16% | 22% | +3.5 |
Explain to the board and the supervisor.EstimateNo public source pins this saving. It is an estimate of the method. | 16% | 15% | +2.4 |
Validate data quality and bias.EstimateNo public source pins this saving. It is an estimate of the method. | 14% | 12% | +1.7 |
Signed opinion and professional liability.EstimateNo public source pins this saving. It is an estimate of the method. | 12% | 18% | +2.2 |
| Total | 100% | 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
IS WORK OVER?
Economist
30%
#38 / 103
View rankingEconomist
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.
| Task | Share | AI | Adds |
|---|---|---|---|
Clean data, estimate and produce tables.EstimateNo public source pins this saving. It is an estimate of the method. | 22% | 52% | +11.4 |
Draft notes, briefs and a first paper.EstimateNo public source pins this saving. It is an estimate of the method. | 18% | 45% | +8.1 |
Choose model, assumptions and robustness.EstimateNo public source pins this saving. It is an estimate of the method. | 16% | 22% | +3.5 |
Present to a client, ministry or board.EstimateNo public source pins this saving. It is an estimate of the method. | 16% | 15% | +2.4 |
Debate, peer-review and defend the numbers.EstimateNo public source pins this saving. It is an estimate of the method. | 14% | 12% | +1.7 |
Read the political context and data quality.EstimateNo public source pins this saving. It is an estimate of the method. | 14% | 18% | +2.5 |
| Total | 100% | 30% |
Modelled week 100% · Public evidence 0% · Estimate 100% · Confidence: Low
Skills this job uses
- Clean data, estimate and produce tables
- Draft notes, briefs and a first paper
- Choose model, assumptions and robustness
- Present to a client, ministry or board
- Debate, peer-review and defend the numbers
- economista
- economist
Sources for this job· O*NET 19-3011.00· ESCO/ISCO 2631