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
IS WORK OVER?
Actuary
32%
AI can already do 32% of this job.
#25 / 623
View rankingActuary
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.
| Task | Share | AI | Points |
|---|---|---|---|
Run models, reserves and sensitivities.EstimateNo public source provides a precise figure. This is our estimate. | 24% | 55% | +13.2 |
Draft technical reports and memos.EstimateNo public source provides a precise figure. This is our estimate. | 18% | 48% | +8.6 |
Choose assumptions, tables and criteria.EstimateNo public source provides a precise figure. This is our estimate. | 16% | 22% | +3.5 |
Explain to the board and the supervisor.EstimateNo public source provides a precise figure. This is our estimate. | 16% | 15% | +2.4 |
Validate data quality and bias.EstimateNo public source provides a precise figure. This is our estimate. | 14% | 12% | +1.7 |
Signed opinion and professional liability.EstimateNo public source provides a precise figure. This is our estimate. | 12% | 18% | +2.2 |
| Total | 100% | 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
IS WORK OVER?
Financial analyst
51%
#2 / 623
View rankingFinancial analyst
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.
| Task | Share | AI | Points |
|---|---|---|---|
Models and closeEstimateNo public source provides a precise figure. This is our estimate. | 35% | 70% | +24.5 |
Variants and memosEstimateNo public source provides a precise figure. This is our estimate. | 25% | 65% | +16.3 |
Assumption judgmentEstimateNo public source provides a precise figure. This is our estimate. | 25% | 30% | +7.5 |
Committee and explanationEstimateNo public source provides a precise figure. This is our estimate. | 15% | 20% | +3 |
| Total | 100% | 51% |
Modelled workweek: 100% · Public evidence: 0% · Estimate: 100% · Confidence: Low
Skills and activities
- 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