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

Junior developer

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
Write, analyze, review, and rewrite programs, using workflow chart and diagram, and applying knowledge of computer capabilities, subject matter, and symbolic logic.
Estimate

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

13%48%+6.2
Write, update, and maintain computer programs or software packages to handle specific jobs such as tracking inventory, storing or retrieving data, or controlling other equipment.
Estimate

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

11%28%+3.1
Correct errors by making appropriate changes and rechecking the program to ensure that the desired results are produced.
Estimate

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

11%28%+3.1
Perform or direct revision, repair, or expansion of existing programs to increase operating efficiency or adapt to new requirements.
Estimate

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

9%12%+1.1
Conduct trial runs of programs and software applications to be sure they will produce the desired information and that the instructions are correct.
Estimate

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

8%28%+2.2
Consult with managerial, engineering, and technical personnel to clarify program intent, identify problems, and suggest changes.
Estimate

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

6%28%+1.7
Develop Web sites.
Estimate

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

6%28%+1.7
Compile and write documentation of program development and subsequent revisions, inserting comments in the coded instructions so others can understand the program.
Estimate

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

6%55%+3.3
Other less frequent tasks (weight estimated from frequency).
Estimate

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

30%28%+8.4
Total100%31%

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

Skills and activities

  • write code
  • programming
  • software development
  • coding
  • debug code
  • computer programming
  • decentralized application frameworks
  • blockchain openness
  • software components libraries
  • ICT debugging tools

Sources for this job· O*NET 15-1251.00· ESCO/ISCO 2512

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