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

Event planner

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
Consult with customers to determine objectives and requirements for events, such as meetings, conferences, and conventions.
Estimate

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

15%28%+4.2
Coordinate services for events, such as accommodation and transportation for participants, facilities, catering, signage, displays, special needs requirements, printing and event security.
Estimate

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

11%28%+3.1
Confer with staff at a chosen event site to coordinate details.
Estimate

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

9%28%+2.5
Direct administrative details, such as financial operations, dissemination of promotional materials, and responses to inquiries.
Estimate

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

8%28%+2.2
Monitor event activities to ensure compliance with applicable regulations and laws, satisfaction of participants, and resolution of any problems that arise.
Estimate

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

8%28%+2.2
Evaluate and select providers of services according to customer requirements.
Estimate

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

7%28%+2
Maintain records of event aspects, including financial details.
Estimate

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

6%55%+3.3
Review event bills for accuracy and approve payment.
Estimate

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

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

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

30%28%+8.4
Total100%30%

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

Skills and activities

  • develop event topics
  • negotiate contracts with event providers
  • coordinate events
  • confer with event staff
  • review event bills
  • inspect event facilities
  • arrange event needs
  • organise event participants' registration
  • direct event administrative details
  • supervise event staff

Sources for this job· O*NET 13-1121.00· ESCO/ISCO 3332

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