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

Tram driver

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
Checks, log and the cab.
Estimate

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

16%32%+5.1
Drive, stops and the pedestrian who steps out.
Estimate

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

24%8%+1.9
Badly parked car, calls and Control.
Estimate

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

16%22%+3.5
Timetable, reliefs and rush hour.
Estimate

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

16%28%+4.5
The tourist, the bike and not over-hooting.
Estimate

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

14%18%+2.5
Hit nobody, and make the terminus.
Estimate

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

14%12%+1.7
Total100%19%

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

Skills and activities

  • drive trams
  • urban stops
  • pedestrians
  • badly parked cars
  • Control
  • rush hour
  • cab checks
  • terminus

Sources for this job· O*NET 53-4041.00· ESCO/ISCO 8311

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