The tasks · ActuariesSOC 15-2011.00
Analyze mortality, accident, disability, and retirement statistical dataWhat can do this →
88% · agentMostly automatable
85% · agentMostly automatable
82% · agentMostly automatable
Design and review insurance, annuity, and pension plans with financial soundness calculationsWhat can do this →
78% · agentMostly automatable
Provide actuarial advice and expertise to clients on contract basisWhat can do this →
58% · agentPartly automatable
Negotiate reinsurance terms and conditions with other companiesWhat can do this →
22% · you keepBarely automatable
The team5 agents · 5 need no setup
Statistical Analysis Agent
Python · R · SAS
● No integration needed
Probability Modeling Agent
Python · Microsoft Excel · Tableau
● No integration needed
Premium & Reserve Calculation Agent
Microsoft Excel · Python · SQL
● No integration needed
Plan Design & Review Agent
Microsoft Excel · Microsoft PowerPoint · Python
● No integration needed
Client Advisory Agent
Microsoft Word · Microsoft PowerPoint · Email
● No integration needed
You keep this
Sign off on premium rates and reserve adequacy for regulatory filingsOwn final accountability for actuarial opinions and certificationsNegotiate and finalize reinsurance agreements with carrier executivesTestify as expert witness in court and legislative proceedings
Automatability scores estimate how much of a task an agent can reliably do today, grounded in O*NET task data. They are not predictions of job loss.
Start with these three
The most automatable work in this job, and the one tool we would use for each. Every task has a page of its own with the reasoning and every occupation that does it.
