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Actuaries

safest from ai
0

80/100 career outlook

Good news. AI barely touches the core of what you do. Your skills are in demand and that's not changing soon.

7% ai exposure+21.8% job growth
job growth
+21.8%
2024–2034
employed (2024)
33,600
people
annual openings
2,400
per year
ai exposure
5.4%
Anthropic index

the full picture

Your role sits in the safest spot. AI will speed up some of your client advisory work, but that's a small part of what you do. The heavy lifting in actuarial work stays with you: analyzing mortality and accident data, designing pension and insurance plans, building probability tables for complex events, collaborating with underwriters and management on new business lines. These demand judgment, contextual expertise, and accountability that AI can't replicate. You're also the person who translates technical complexity to executives and regulators. That human layer matters more as AI becomes common. Job growth is strong at 21.8% over the next decade, and the field employs over 33,000 people now. Your edge is deeper technical knowledge combined with the ability to defend assumptions and decisions to stakeholders. Focus on strengthening those skills and you'll be well positioned.

task breakdown

this is all you

8
tasks where you're irreplaceable
  • Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.
  • Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
  • Design, review, and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
  • Determine, or help determine, company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.
  • Construct probability tables for events such as fires, natural disasters, and unemployment, based on analysis of statistical data and other pertinent information.
  • Determine equitable basis for distributing surplus earnings under participating insurance and annuity contracts in mutual companies.
  • Negotiate terms and conditions of reinsurance with other companies.
  • Provide expertise to help financial institutions manage risks and maximize returns associated with investment products or credit offerings.

ai speeds this up

1
tasks AI can assist with
  • Provide advice to clients on a contract basis, working as a consultant.

ai handles this

0
tasks with high AI penetration

no tasks in this category