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?
Insurance underwriter
25%
#253 / 623
View rankingInsurance underwriter
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 |
|---|---|---|---|
Forms, rating and terms.EstimateNo public source provides a precise figure. This is our estimate. | 18% | 48% | +8.6 |
Analyse risk, claims and reinsurance.EstimateNo public source provides a precise figure. This is our estimate. | 16% | 32% | +5.1 |
Brokers, agents and negotiation.EstimateNo public source provides a precise figure. This is our estimate. | 16% | 22% | +3.5 |
Surveys, clauses and exclusions.EstimateNo public source provides a precise figure. This is our estimate. | 16% | 18% | +2.9 |
Rules, reserves and documentation.EstimateNo public source provides a precise figure. This is our estimate. | 18% | 16% | +2.9 |
Not taking a risk that sinks the company.EstimateNo public source provides a precise figure. This is our estimate. | 16% | 14% | +2.2 |
| Total | 100% | 25% |
Modelled workweek: 100% · Public evidence: 0% · Estimate: 100% · Confidence: Low
Skills and activities
- Forms, rating and terms
- Analyse risk, claims and reinsurance
- Brokers, agents and negotiation
- Surveys, clauses and exclusions
- Rules, reserves and documentation
- Not taking a risk that sinks the company
- suscriptor de seguros
- underwriter
Sources for this job· O*NET 13-2053.00· ESCO/ISCO 3321