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

Retail salesperson

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
Greet customers and ascertain what each customer wants or needs.
Estimate

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

8%28%+2.2
Bag or package purchases and wrap gifts.
Estimate

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

7%28%+2
Open and close cash registers, performing tasks such as counting money, separating charge slips, coupons, and vouchers, balancing cash drawers, and making deposits.
Estimate

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

7%28%+2
Compute sales prices, total purchases, and receive and process cash or credit payment.
Estimate

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

7%28%+2
Answer questions regarding the store and its merchandise.
Estimate

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

7%28%+2
Recommend, select, and help locate or obtain merchandise based on customer needs and desires.
Estimate

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

6%28%+1.7
Prepare merchandise for purchase or rental.
Estimate

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

6%28%+1.7
Describe merchandise and explain use, operation, and care of merchandise to customers.
Estimate

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

6%28%+1.7
Other less frequent tasks (weight estimated from frequency).
Estimate

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

46%28%+12.9
Total100%28%

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

Skills and activities

  • sales argumentation
  • characteristics of products
  • e-commerce systems
  • product comprehension
  • types of written press
  • guarantee customer satisfaction
  • carry out products preparation
  • operate cash register
  • ensure compliance with legal requirements
  • examine merchandise

Sources for this job· O*NET 41-2031.00· ESCO/ISCO 5223

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