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

Foreign-trade technician

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
Incoterms, origin and the entry.
Estimate

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

18%52%+9.4
Licences, certificates and the missing one.
Estimate

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

16%40%+6.4
The client, the bank and the letter of credit.
Estimate

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

16%22%+3.5
Duty, VAT and the customs value.
Estimate

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

16%28%+4.5
The forwarder, the delay and not promising the date.
Estimate

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

18%14%+2.5
That it crosses, and not sticking on the entry.
Estimate

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

16%12%+1.9
Total100%28%

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

Skills and activities

  • Incoterms
  • customs entry
  • letters of credit
  • certificates of origin
  • customs value
  • duties
  • import licences
  • import VAT

Sources for this job· O*NET 13-1199.00· ESCO/ISCO 3331

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