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

Financial 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
Models and close
Estimate

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

35%70%+24.5
Variants and memos
Estimate

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

25%65%+16.3
Assumption judgment
Estimate

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

25%30%+7.5
Committee and explanation
Estimate

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

15%20%+3
Total100%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

Analyse my job

Nearby in the ranking

  1. 21Video producer34%
  2. 22Insurance agent33%
  3. 23Warehouse operator33%
  4. 25Cybersecurity analyst32%
  5. 26Lawyer31%
  6. 27Admin assistant31%