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
IS WORK OVER?
Actuary
32%
AI or a robot can already do 32% of this job.
#24 / 103
View rankingActuary
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.
| Task | Share | AI | Adds |
|---|---|---|---|
Run models, reserves and sensitivities.EstimateNo public source pins this saving. It is an estimate of the method. | 24% | 55% | +13.2 |
Draft technical reports and memos.EstimateNo public source pins this saving. It is an estimate of the method. | 18% | 48% | +8.6 |
Choose assumptions, tables and criteria.EstimateNo public source pins this saving. It is an estimate of the method. | 16% | 22% | +3.5 |
Explain to the board and the supervisor.EstimateNo public source pins this saving. It is an estimate of the method. | 16% | 15% | +2.4 |
Validate data quality and bias.EstimateNo public source pins this saving. It is an estimate of the method. | 14% | 12% | +1.7 |
Signed opinion and professional liability.EstimateNo public source pins this saving. It is an estimate of the method. | 12% | 18% | +2.2 |
| Total | 100% | 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
IS WORK OVER?
Tax advisor
30%
#36 / 103
View rankingTax advisor
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.
| Task | Share | AI | Adds |
|---|---|---|---|
Compute taxes owed or overpaid, using adding machines or personal computers, and complete entries on forms, following tax form instructions and tax tables.EstimateNo public source pins this saving. It is an estimate of the method. | 14% | 28% | +3.9 |
Use all appropriate adjustments, deductions, and credits to keep clients' taxes to a minimum.EstimateNo public source pins this saving. It is an estimate of the method. | 13% | 28% | +3.6 |
Prepare or assist in preparing simple to complex tax returns for individuals or small businesses.EstimateNo public source pins this saving. It is an estimate of the method. | 11% | 28% | +3.1 |
Furnish taxpayers with sufficient information and advice to ensure correct tax form completion.EstimateNo public source pins this saving. It is an estimate of the method. | 10% | 28% | +2.8 |
Review financial records, such as income statements and documentation of expenditures to determine forms needed to prepare tax returns.EstimateNo public source pins this saving. It is an estimate of the method. | 9% | 55% | +5 |
Interview clients to obtain additional information on taxable income and deductible expenses and allowances.EstimateNo public source pins this saving. It is an estimate of the method. | 8% | 22% | +1.8 |
Explain federal and state tax laws to individuals and companies.EstimateNo public source pins this saving. It is an estimate of the method. | 8% | 28% | +2.2 |
Check data input or verify totals on forms prepared by others to detect errors in arithmetic, data entry, or procedures.EstimateNo public source pins this saving. It is an estimate of the method. | 7% | 28% | +2 |
Other less frequent tasks (weight estimated from frequency).EstimateNo public source pins this saving. It is an estimate of the method. | 20% | 28% | +5.6 |
| Total | 100% | 30% |
Modelled week 100% · Public evidence 0% · Estimate 100% · Confidence: Low
Skills this job uses
- value-added tax law
- tax legislation
- inform on fiscal duties
- advise on tax planning
- inspect tax returns
- prepare tax returns forms
- calculate tax
- research taxation procedures
- interpret financial statements
- prepare financial statements
Sources for this job· O*NET 13-2082.00· ESCO/ISCO 2411