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

Physicist

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
Simulate, fit and reduce data.
Estimate

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

22%50%+11
Draft papers, posters and proposals.
Estimate

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

18%42%+7.6
Design the experiment and the apparatus.
Estimate

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

16%18%+2.9
Measure in the lab or in the field.
Estimate

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

16%12%+1.9
Argue with the group and peer-review.
Estimate

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

14%15%+2.1
Win machine time and funding.
Estimate

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

14%16%+2.2
Total100%28%

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

Skills and activities

  • Simulate, fit and reduce data
  • Draft papers, posters and proposals
  • Design the experiment and the apparatus
  • Measure in the lab or in the field
  • Argue with the group and peer-review
  • Win machine time and funding
  • fisico
  • physicist

Sources for this job· O*NET 19-2012.00· ESCO/ISCO 2111

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