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

Real estate agent

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
Generate lists of properties that are compatible with buyers' needs and financial resources.
Estimate

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

7%28%+2
Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
Estimate

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

6%12%+0.7
Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
Estimate

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

6%28%+1.7
Contact property owners and advertise services to solicit property sales listings.
Estimate

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

5%28%+1.4
Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
Estimate

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

5%28%+1.4
Coordinate appointments to show homes to prospective buyers.
Estimate

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

5%28%+1.4
Contact previous clients for prospecting of referral business.
Estimate

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

5%28%+1.4
Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
Estimate

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

5%22%+1.1
Other less frequent tasks (weight estimated from frequency).
Estimate

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

56%28%+15.7
Total100%27%

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

Skills this job uses

  • customer service
  • contract law
  • office administration
  • real estate market
  • mortgage loans
  • property law
  • maintain relationship with customers
  • advise on property value
  • identify customer's needs
  • inform on renting agreements

Sources for this job· O*NET 41-9022.00· ESCO/ISCO 3334

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