Actuaries
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
AI Impact Summary
Actuaries faces moderate AI displacement risk with a score of 31/100. This occupation has higher AI displacement risk than 44% of all analyzed occupations. Of 15 analyzed tasks, 1 are highly automatable, particularly routine cognitive tasks. Strong protective factors — including social intelligence, creativity, or regulatory barriers — significantly reduce effective risk.
Skill Impact Analysis
AI-Vulnerable Skills (6)
High reliance on Mathematics is a risk area. Consider developing complementary AI-resistant skills to maintain value.
High reliance on Mathematics is a risk area. Consider developing complementary AI-resistant skills to maintain value.
High reliance on Reading Comprehension is a risk area. Consider developing complementary AI-resistant skills to maintain value.
High reliance on Information Ordering is a risk area. Consider developing complementary AI-resistant skills to maintain value.
Memorization is AI-vulnerable but has moderate importance in this role. AI tools may handle this; focus on higher-value skills.
Programming is AI-vulnerable but has moderate importance in this role. AI tools may handle this; focus on higher-value skills.
AI-Resistant Skills (11)
Complex Problem Solving is AI-resistant — strengthening this skill provides durable career protection.
Adaptability/Flexibility is AI-resistant — strengthening this skill provides durable career protection.
Leadership is AI-resistant — strengthening this skill provides durable career protection.
Instructing is AI-resistant — strengthening this skill provides durable career protection.
Negotiation is AI-resistant — strengthening this skill provides durable career protection.
Persuasion is AI-resistant — strengthening this skill provides durable career protection.
Coordination is AI-resistant — strengthening this skill provides durable career protection.
Service Orientation is AI-resistant — strengthening this skill provides durable career protection.
AI-Augmented Skills (7)
Recommended Courses
Courses matched to Actuaries skill gaps, ranked by relevance to your displacement risk profile.
Get personalized recommendations. Answer a few questions about your experience and skills to get course suggestions tailored specifically to you.
Upskill to Reduce Risk
Courses addressing your most AI-vulnerable skills
Machine Learning Specialization
by Stanford / DeepLearning.AI
Estimated Impact
AI-Augmentation Tools
Learn to work alongside AI and boost your productivity
Systems Thinking In Practice
by The Open University
Estimated Impact
Strengthen Your Edge
Double down on skills AI can't replicate
Design Patterns in C# and .NET
by Pluralsight
Estimated Impact
We may earn a commission when you enroll through our links, at no extra cost to you. This helps fund the Takeover Tracker.
Risk reduction and salary impact are estimates based on skill gap analysis, course relevance, and labor market data. Actual results vary by individual circumstance.
Education & Training
Percentage of workers at each education and training level
Education Level
Prior Experience Needed
Work experience required to enter this job
Training Provided After Hiring
How long it typically takes to learn on the job
How AI Impacts Each Task
15 tasks analyzed
Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
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.
Provide advice to clients on a contract basis, working as a consultant.
Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
Construct probability tables for events such as fires, natural disasters, and unemployment, based on analysis of statistical data and other pertinent information.
Negotiate terms and conditions of reinsurance with other companies.
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.
Determine equitable basis for distributing surplus earnings under participating insurance and annuity contracts in mutual companies.
Provide expertise to help financial institutions manage risks and maximize returns associated with investment products or credit offerings.
Testify before public agencies on proposed legislation affecting businesses.
Determine policy contract provisions for each type of insurance.
Testify in court as expert witness or to provide legal evidence on matters such as the value of potential lifetime earnings of a person who is disabled or killed in an accident.
Manage credit and help price corporate security offerings.
Explain changes in contract provisions to customers.
| Task | AI Capability | Risk | Time % | |
|---|---|---|---|---|
| Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits. | 50Estimated | 47.0% | 14% | |
| Design, review and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums. | 70.15Observed | 55.1% | 14% | |
| Determine or help determine company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public. | 54.47Observed | 36.8% | 10% | |
| Provide advice to clients on a contract basis, working as a consultant. | 64.85Observed | 40.9% | 8% | |
| Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates. | 65Estimated | 53.0% | 14% | |
| Construct probability tables for events such as fires, natural disasters, and unemployment, based on analysis of statistical data and other pertinent information. | 60Estimated | 51.0% | 10% | |
| Negotiate terms and conditions of reinsurance with other companies. | 10Estimated | 19.0% | 5% | |
| 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. | 20Estimated | 23.0% | 5% | |
| Determine equitable basis for distributing surplus earnings under participating insurance and annuity contracts in mutual companies. | 30Estimated | 39.0% | 4% | |
| Provide expertise to help financial institutions manage risks and maximize returns associated with investment products or credit offerings. | 55Observed | 49.0% | 4% | |
| Testify before public agencies on proposed legislation affecting businesses. | 5Estimated | 17.0% | 2% | |
| Determine policy contract provisions for each type of insurance. | 63.32Observed | 74.5% | 4% | |
| Testify in court as expert witness or to provide legal evidence on matters such as the value of potential lifetime earnings of a person who is disabled or killed in an accident. | 5Estimated | 17.0% | 2% | |
| Manage credit and help price corporate security offerings. | 50Estimated | 47.0% | 2% | |
| Explain changes in contract provisions to customers. | 35Estimated | 29.0% | 2% |
Protective Factors
Total protective discount: 30.3%
Essential Soft Skills
Traits that are hard for AI to replicate
Wage & Employment (2024)
Median Wage
$125,770
per year
Mean Wage
$134,990
per year
Employment
28K
workers
Wage Range
$75,240 - $206,430
10th - 90th pct
Wage Distribution
Explore other career paths
Compare displacement risk across occupations and find careers with stronger long-term prospects.
Alternate Career Paths
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30%Median salary: $63,380
Higher risk than 40% of other occupations
Market Research Analysts and Marketing Specialists
32%Median salary: $76,950
Higher risk than 52% of other occupations
Financial Analysts
33%Median salary: $101,350
Higher risk than 59% of other occupations
Financial Examiners
34%Median salary: $90,400
Higher risk than 61% of other occupations
Compensation and Benefits Managers
34%Median salary: $140,360
Higher risk than 63% of other occupations
Auditors
36%Median salary: $81,680
Higher risk than 69% of other occupations
Compensation, Benefits, and Job Analysis Specialists
36%Median salary: $77,020
Higher risk than 70% of other occupations
Cost Estimators
37%Median salary: $77,070
Higher risk than 72% of other occupations
Budget Analysts
38%Median salary: $87,930
Higher risk than 75% of other occupations
Risk Management Specialists
38%Median salary: $80,190
Higher risk than 77% of other occupations
Sales Managers
25%Higher risk than 20% of other occupations
Chief Executives
26%Higher risk than 23% of other occupations
General and Operations Managers
28%Higher risk than 29% of other occupations
Marketing Managers
30%Higher risk than 38% of other occupations
Advertising and Promotions Managers
31%Higher risk than 43% of other occupations
Computer and Information Systems Managers
31%Higher risk than 45% of other occupations
Recommendations
Skills to Develop
These skills are at risk from AI automation. Actuaries professionals should diversify beyond them.
- Mathematics
High reliance on Mathematics is a risk area. Consider developing complementary AI-resistant skills to maintain value.
- Mathematics
High reliance on Mathematics is a risk area. Consider developing complementary AI-resistant skills to maintain value.
- Reading Comprehension
High reliance on Reading Comprehension is a risk area. Consider developing complementary AI-resistant skills to maintain value.
- Information Ordering
High reliance on Information Ordering is a risk area. Consider developing complementary AI-resistant skills to maintain value.
- Memorization
Memorization is AI-vulnerable but has moderate importance in this role. AI tools may handle this; focus on higher-value skills.
Skills to Leverage
These human-centric skills remain difficult for AI to replicate. Double down here.
- Complex Problem Solving
Complex Problem Solving is AI-resistant — strengthening this skill provides durable career protection.
- Adaptability/Flexibility
Adaptability/Flexibility is AI-resistant — strengthening this skill provides durable career protection.
- Leadership
Leadership is AI-resistant — strengthening this skill provides durable career protection.
- Instructing
Instructing is AI-resistant — strengthening this skill provides durable career protection.
- Negotiation
Negotiation is AI-resistant — strengthening this skill provides durable career protection.
Tools to Adopt
AI can amplify these skills. Learn the tools that augment rather than replace your work.
- Judgment and Decision Making
Judgment and Decision Making will be enhanced by AI. Develop expertise in using AI tools for this skill to increase productivity.
- Critical Thinking
Critical Thinking will be enhanced by AI. Develop expertise in using AI tools for this skill to increase productivity.
- Systems Analysis
Systems Analysis will be enhanced by AI. Develop expertise in using AI tools for this skill to increase productivity.
- Writing
Writing will be enhanced by AI. Develop expertise in using AI tools for this skill to increase productivity.
- Active Learning
Active Learning will be enhanced by AI. Develop expertise in using AI tools for this skill to increase productivity.
Score History
Risk score over 3 scoring runs
overall change