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

ML engineer

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
Train models, features and notebooks.
Estimate

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

22%48%+10.6
Evaluate, document and compare runs.
Estimate

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

18%42%+7.6
Deploy, monitor and retrain.
Estimate

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

16%22%+3.5
Talk to product about what a good error is.
Estimate

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

16%15%+2.4
Dirty data, bias and model limits.
Estimate

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

14%18%+2.5
On-call, incidents and rollback.
Estimate

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

14%16%+2.2
Total100%29%

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

Skills and activities

  • Train models, features and notebooks
  • Evaluate, document and compare runs
  • Deploy, monitor and retrain
  • Talk to product about what a good error is
  • Dirty data, bias and model limits
  • On-call, incidents and rollback
  • machine learning engineer
  • ingeniero ml
  • mlops

Sources for this job· O*NET 15-1221.00· ESCO/ISCO 2511

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