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?
Financial analyst
51%
#2 / 103
View rankingFinancial 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.
| Task | Share | AI | Adds |
|---|---|---|---|
Models and closeEstimateNo public source pins this saving. It is an estimate of the method. | 35% | 70% | +24.5 |
Variants and memosEstimateNo public source pins this saving. It is an estimate of the method. | 25% | 65% | +16.3 |
Assumption judgmentEstimateNo public source pins this saving. It is an estimate of the method. | 25% | 30% | +7.5 |
Committee and explanationEstimateNo public source pins this saving. It is an estimate of the method. | 15% | 20% | +3 |
| Total | 100% | 51% |
Modelled week 100% · Public evidence 0% · Estimate 100% · Confidence: Low
Skills this job uses
- financial management
- microeconomics
- statistics
- economics
- business processes
- macroeconomics
- accounting
- perform business research
- interpret financial statements
- advise on financial matters
Sources for this job· O*NET 13-2051.00· ESCO/ISCO 2413