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Actuaries

Business & Financial Operationshighaugment
BLS 2024-34: +23%
Median Wage: $120,000
Employment: 30K

Overall Exposure

63+15

2025 vs 2023

Theoretical Exposure

76

What AI could do

Observed Exposure

36

What AI actually does

Automation Risk Score

49

Displacement risk

3-Year Outlook (2025 โ†’ 2028)

Projected changes in AI automation metrics over the next 3 years based on estimated data.

Overall Exposure

63โ†’76
+13

2025 โ†’ 2028 (estimated)

Theoretical Exposure

76โ†’91
+15

2025 โ†’ 2028 (estimated)

Observed Exposure

36โ†’44
+8

2025 โ†’ 2028 (estimated)

Automation Risk

49โ†’59
+10

2025 โ†’ 2028 (estimated)

Exposure Metrics (2023 - 2028)

Detailed Metrics Table

YearOverallTheoreticalObservedRiskData Type
202348602638actual
202455683143actual
202563763649actual
202668823953estimated
202772874256estimated
202876914459estimated

Task Breakdown

Calculate insurance premiums
82%ฮฒ 1
Build statistical risk models
75%ฮฒ 1
Analyze mortality and loss data
70%ฮฒ 1
Present findings to stakeholders
35%ฮฒ 0.5

About This Occupation

Actuaries use mathematics, statistics, and financial theory to study uncertain future events, especially those of concern to insurance and pension programs. They evaluate the likelihood of those events and design creative ways to reduce the likelihood and decrease the impact of adverse events. The Bureau of Labor Statistics projects 23% employment growth for actuaries from 2024 to 2034, much faster than average. As of 2024, the median annual wage for actuaries was approximately $120,000.

Frequently Asked Questions

With an automation risk score of 49%, Actuaries faces a moderate level of AI-driven change. Some tasks can be automated, but many require human judgment, creativity, or interpersonal skills that AI cannot yet replicate. The role is more likely to evolve alongside AI than be replaced.

The AI automation risk score for Actuaries is 49% (2025 data). Overall AI exposure is 63%, with 76% theoretical exposure and 36% observed exposure. The risk trend from 2023 to 2025 is +11 points.

The tasks with the highest automation potential for Actuaries are: Calculate insurance premiums (82%), Build statistical risk models (75%), Analyze mortality and loss data (70%). These rates reflect how much of each task current AI systems can handle, based on research data from Anthropic and academic sources.

The BLS projects +23% employment change for Actuaries from 2024 to 2034. Combined with an overall AI exposure of 63%, this occupation is experiencing both traditional labor market shifts and AI-driven transformation. Workers should monitor both employment trends and AI capability growth.

Since AI primarily augments capabilities in this role, professionals in Actuaries should embrace AI as a productivity multiplier. Focus on learning to use AI tools effectively, developing higher-order analytical and creative skills, and positioning yourself as someone who can leverage AI to deliver greater value.

Recent AI Impact Changes

Mar 2026: Published evergreen blog post. 63% exposure, 49% risk, BLS +23% growth despite 82% premium automation.

[Source: AI Changing Work Blog]