IS WORK OVER?

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.

Task comparison

Actuary

Where the time goes

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.

TaskShareAIAdds
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
Total100%32%

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

Skills this job uses

  • 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

Paralegal

Where the time goes

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.

TaskShareAIAdds
Prepare affidavits or other documents, such as legal correspondence, and organize and maintain documents in paper or electronic filing system.
Estimate

No public source pins this saving. It is an estimate of the method.

21%55%+11.6
Prepare, edit, or review legal documents, including legislation, briefs, pleadings, appeals, wills, contracts, and real estate closing statements.
Estimate

No public source pins this saving. It is an estimate of the method.

19%55%+10.5
Gather and analyze research data, such as statutes, decisions, and legal articles, codes, and documents.
Estimate

No public source pins this saving. It is an estimate of the method.

12%55%+6.6
Investigate facts and law of cases and search pertinent sources, such as public records and internet sources, to determine causes of action and to prepare cases.
Estimate

No public source pins this saving. It is an estimate of the method.

10%55%+5.5
Meet with clients and other professionals to discuss details of cases.
Estimate

No public source pins this saving. It is an estimate of the method.

10%28%+2.8
Direct and coordinate law office activity, including delivery of subpoenas.
Estimate

No public source pins this saving. It is an estimate of the method.

10%28%+2.8
File pleadings with court clerks.
Estimate

No public source pins this saving. It is an estimate of the method.

10%22%+2.2
Prepare for trial by performing tasks such as organizing exhibits.
Estimate

No public source pins this saving. It is an estimate of the method.

8%28%+2.2
Total100%44%

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

Skills this job uses

  • design interfaces
  • prototypes
  • figma
  • legal case management
  • legal research
  • legal department processes
  • legal terminology
  • court procedures
  • compile legal documents
  • handle evidence

Sources for this job· O*NET 23-2011.00· ESCO/ISCO 3411

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