IS WORK OVER?

Automation index

Can AI do the work of a Tax advisor?

Today an AI can already classify, reconcile, and prep a first close. The final call, and what goes to the tax office, still has a name on it.

It measures how much work time can already be saved, not who will lose their job.

Task comparison

Tax 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.

TaskShareAIAdds
Compute taxes owed or overpaid, using adding machines or personal computers, and complete entries on forms, following tax form instructions and tax tables.
Estimate

No 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.
Estimate

No 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.
Estimate

No 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.
Estimate

No 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.
Estimate

No 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.
Estimate

No 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.
Estimate

No 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.
Estimate

No public source pins this saving. It is an estimate of the method.

7%28%+2
Other less frequent tasks (weight estimated from frequency).
Estimate

No public source pins this saving. It is an estimate of the method.

20%28%+5.6
Total100%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

Insurance 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.

TaskShareAIAdds
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.
Estimate

No 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.
Estimate

No 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.
Estimate

No 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.
Estimate

No 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.
Estimate

No public source pins this saving. It is an estimate of the method.

8%28%+2.2
Calculate premiums and establish payment method.
Estimate

No 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.
Estimate

No 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.
Estimate

No public source pins this saving. It is an estimate of the method.

7%48%+3.4
Other less frequent tasks (weight estimated from frequency).
Estimate

No public source pins this saving. It is an estimate of the method.

31%28%+8.7
Total100%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

Analyse my job

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