Automation index
How much of a Banker’s job can AI already do?
A score and a dossier come earlier. Looking the client in the eye, saying no, and owning the risk do not.
This percentage does not predict how many people will lose their jobs.
Task comparison
IS WORK OVER?
Banker
27%
AI can already do 27% of this job.
#135 / 623
View rankingBanker
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.
| Task | Share | AI | Points |
|---|---|---|---|
Client file, scoring and desk KYC.EstimateNo public source provides a precise figure. This is our estimate. | 22% | 48% | +10.6 |
Product proposals, simulation and reporting.EstimateNo public source provides a precise figure. This is our estimate. | 18% | 40% | +7.2 |
Meetings, negotiation and close.EstimateNo public source provides a precise figure. This is our estimate. | 16% | 18% | +2.9 |
Risk calls, exceptions and escalation.EstimateNo public source provides a precise figure. This is our estimate. | 16% | 12% | +1.9 |
Compliance, audit and the file.EstimateNo public source provides a precise figure. This is our estimate. | 14% | 15% | +2.1 |
Book, referrals and long relationship.EstimateNo public source provides a precise figure. This is our estimate. | 14% | 16% | +2.2 |
| Total | 100% | 27% |
Modelled workweek: 100% · Public evidence: 0% · Estimate: 100% · Confidence: Low
Skills and activities
- Client file, scoring and desk KYC
- Meetings, negotiation and close
- Risk calls, exceptions and escalation
- Compliance, audit and the file
- Book, referrals and long relationship
- banquero
- banker
- gestor de banca
- private banker
Sources for this job· O*NET 13-2052.00· ESCO/ISCO 2412
IS WORK OVER?
Insurance agent
33%
#23 / 623
View rankingInsurance agent
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.
| Task | Share | AI | Points |
|---|---|---|---|
Sell various types of insurance policies to businesses and individuals on behalf of insurance companies, including automobile, fire, life, property, medical and dental insurance, or specialized policies, such as marine, farm/crop, and medical malpractice.EstimateNo public source provides a precise figure. This is our estimate. | 11% | 28% | +3.1 |
Customize insurance programs to suit individual customers, often covering a variety of risks.EstimateNo public source provides a precise figure. This is our estimate. | 10% | 28% | +2.8 |
Explain features, advantages, and disadvantages of various policies to promote sale of insurance plans.EstimateNo public source provides a precise figure. This is our estimate. | 9% | 28% | +2.5 |
Perform administrative tasks, such as maintaining records and handling policy renewals.EstimateNo public source provides a precise figure. This is our estimate. | 9% | 55% | +5 |
Select company that offers type of coverage requested by client to underwrite policy.EstimateNo public source provides a precise figure. This is our estimate. | 8% | 28% | +2.2 |
Calculate premiums and establish payment method.EstimateNo public source provides a precise figure. This is our estimate. | 8% | 48% | +3.8 |
Seek out new clients and develop clientele by networking to find new customers and generate lists of prospective clients.EstimateNo public source provides a precise figure. This is our estimate. | 7% | 28% | +2 |
Call on policyholders to deliver and explain policy, to analyze insurance program and suggest additions or changes, or to change beneficiaries.EstimateNo public source provides a precise figure. This is our estimate. | 7% | 48% | +3.4 |
Other less frequent tasks (weight estimated from frequency).EstimateNo public source provides a precise figure. This is our estimate. | 31% | 28% | +8.7 |
| Total | 100% | 34% |
Modelled workweek: 100% · Public evidence: 0% · Estimate: 100% · Confidence: Low
Skills and activities
- insurance law
- sales promotion techniques
- principles of insurance
- actuarial science
- claims procedures
- types of insurance
- calculate insurance rate
- protect client interests
- analyse insurance needs
- inform on insurance products
Sources for this job· O*NET 41-3021.00· ESCO/ISCO 3321