SOC 15-2011
Actuaries
Risk Score
โ ๏ธ32/100
Moderate
US Employment
๐ฅ28,340
Total workers
Median Wage
๐ฐ$126K
$75K โ $206K
Projected Growth
๐+21.8%
2023-2033 (BLS)
GenAI Exposure
๐ค88/100
High exposure
๐ก Actuaries face a risk score of 32/100 โ 12 points below the national average of 44. With 88/100 GenAI exposure, this occupation faces significant pressure from AI tools despite strong projected growth. See our methodology โ
๐ก Workers in this field earn $126K ($79K above the national median). The 3 recommended career transitions all maintain competitive wages while reducing automation exposure. Explore transition paths โ
๐ AI Impact Analysis
With a risk score of 32/100, Actuaries faces moderate automation pressure. While tasks like large language model automation of analysis tasks are increasingly handled by AI, the role retains significant human elements. The 28,340 workers in this occupation should focus on strengthening skills in cross-functional collaboration on ambiguous problems and architecting novel systems requiring creative problem-solving to stay ahead. The role will likely evolve rather than disappear.
Will AI Replace Actuaries?
Read our full analysis with verdict, risk factors, safe tasks, and career transition paths โ
โ ๏ธ Top Risk Factors
Large language model automation of analysis tasks
AI pair-programming and code generation tools
Low-code / no-code platforms reducing custom development
๐ก๏ธ Tasks Safe from Automation
Cross-functional collaboration on ambiguous problems
Architecting novel systems requiring creative problem-solving
Stakeholder negotiation and requirements elicitation
Ethical AI oversight and bias auditing
๐ Task Automation Breakdown
Based on O*NET task analysis and GenAI exposure scoring. Shows the estimated proportion of this occupation's core tasks that are automatable by current AI, augmented by AI tools, or require essential human skills.
๐ O*NET Task Profile
Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
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.
๐ป Technology Skills
Financial analysis software
Object or component oriented development software
Compliance software
Data base user interface and query software
Electronic mail software
๐ Key Knowledge Areas
Mathematics
Computers and Electronics
Economics and Accounting
English Language
Law and Government
๐ vs National Average
National avg: $46K
National avg: 44/100
National avg: 38/100
National avg: 3.7%
๐ Career Transition Paths
| Occupation | Risk | Wage | Overlap |
|---|---|---|---|
| Advertising, Marketing, Promotions, Public Relations, and Sales Managers | 16 | $145K | 57% |
| Mathematicians | 24 | $122K | 81% |
| Computer and Information Research Scientists | 30 | $141K | 79% |