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.

IS WORK OVER?

Actuary

32%

AI or a robot can already do 32% of this job.

#24 / 103

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.

Task	Share	AI	Adds
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
Total	100%		32%

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