Automation index
Can AI do the work of a Banker?
A score and a dossier come earlier. Looking the client in the eye, saying no, and owning the risk do not.
It also does not predict how many people will lose their jobs.
Task comparison
IS WORK OVER?
Banker
27%
AI or a robot can already do 27% of this job.
#71 / 103
View rankingBanker
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 |
|---|---|---|---|
Client file, scoring and desk KYC.EstimateNo public source pins this saving. It is an estimate of the method. | 22% | 48% | +10.6 |
Product proposals, simulation and reporting.EstimateNo public source pins this saving. It is an estimate of the method. | 18% | 40% | +7.2 |
Meetings, negotiation and close.EstimateNo public source pins this saving. It is an estimate of the method. | 16% | 18% | +2.9 |
Risk calls, exceptions and escalation.EstimateNo public source pins this saving. It is an estimate of the method. | 16% | 12% | +1.9 |
Compliance, audit and the file.EstimateNo public source pins this saving. It is an estimate of the method. | 14% | 15% | +2.1 |
Book, referrals and long relationship.EstimateNo public source pins this saving. It is an estimate of the method. | 14% | 16% | +2.2 |
| Total | 100% | 27% |
Modelled week 100% · Public evidence 0% · Estimate 100% · Confidence: Low
Skills this job uses
- 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%
#22 / 103
View rankingInsurance agent
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 |
|---|---|---|---|
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 pins this saving. It is an estimate of the method. | 11% | 28% | +3.1 |
Customize insurance programs to suit individual customers, often covering a variety of risks.EstimateNo public source pins this saving. It is an estimate of the method. | 10% | 28% | +2.8 |
Explain features, advantages, and disadvantages of various policies to promote sale of insurance plans.EstimateNo public source pins this saving. It is an estimate of the method. | 9% | 28% | +2.5 |
Perform administrative tasks, such as maintaining records and handling policy renewals.EstimateNo public source pins this saving. It is an estimate of the method. | 9% | 55% | +5 |
Select company that offers type of coverage requested by client to underwrite policy.EstimateNo public source pins this saving. It is an estimate of the method. | 8% | 28% | +2.2 |
Calculate premiums and establish payment method.EstimateNo public source pins this saving. It is an estimate of the method. | 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 pins this saving. It is an estimate of the method. | 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 pins this saving. It is an estimate of the method. | 7% | 48% | +3.4 |
Other less frequent tasks (weight estimated from frequency).EstimateNo public source pins this saving. It is an estimate of the method. | 31% | 28% | +8.7 |
| Total | 100% | 34% |
Modelled week 100% · Public evidence 0% · Estimate 100% · Confidence: Low
Skills this job uses
- 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