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

Research scientist

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
Literature review, figures and drafts.
Estimate

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

22%48%+10.6
Analysis, code and experiment boards.
Estimate

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

18%42%+7.6
Design the study and the controls.
Estimate

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

16%18%+2.9
Run the experiment or the fieldwork.
Estimate

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

16%12%+1.9
Lead a group, theses and authorship fights.
Estimate

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

14%15%+2.1
Win funding and answer reviewers.
Estimate

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

14%16%+2.2
Total100%27%

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

Skills and activities

  • Literature review, figures and drafts
  • Analysis, code and experiment boards
  • Design the study and the controls
  • Run the experiment or the fieldwork
  • Lead a group, theses and authorship fights
  • Win funding and answer reviewers
  • cientifico
  • investigador
  • research scientist

Sources for this job· O*NET 19-1029.00· ESCO/ISCO 2131

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