Role
AI for Actuaries
Founder, Automation Squad
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.
Actuaries · O*NET 15-2011.00 · Job Zone 4 · sourced from the U.S. Department of Labor occupation database
Automation coverage
16 of 40tools on this list have an AI solution available today
Counted by matching the tools this occupation is documented as using against a corpus of 226,452 AI products, MCP servers, skills and connectors. Where a tool has no match, we say so rather than inventing one.
AI you can use for this job
35 matched to the tools actuaries use. Showing 24.
Securely connect your AI agents and chatbots (Claude, ChatGPT, Cursor, etc) with Microsoft Power Bi MCP or direct API to list workspaces, inspect reports, refresh datasets, and summarize dashboard insights through natural language.
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MCP serverCash Flow Frog
MCP serverCash Flow Frog is a simple yet powerful cash flow forecasting and scenario planning tool.
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Microsoft Excel
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ProjectManager
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The tools this job actually uses
42 documented for this occupation. Showing 40, hot technologies first. A filled dot means an AI solution exists for it.
- Chot
- IBM SPSS Statisticshot
- Microsoft Accesshot
- Microsoft Excelhot
- Microsoft Office softwarehot
- Microsoft Power BIhot
- Microsoft PowerPointhot
- Microsoft Projecthot
- Microsoft SQL Serverhot
- Microsoft Visiohot
- Microsoft Visual Basichot
- Microsoft Visual Basic for Applications VBAhot
- Microsoft Wordhot
- Oracle Databasehot
- Oracle Javahot
- Pythonhot
- Rhot
- SAShot
- Structured query language SQLhot
- Tableauhot
- Appraisal software
- ARMON Technologies XLActuary
- Cash flow software
- Compliance testing software
- dBASE Plus
- GGY AXIS
- IBM Lotus Notes
- Insightful S-PLUS
- Insureware ICRFS-ELRF
- Lewis & Ellis LEAPPS
- Microsoft Visual FoxPro
- Milliman Corporate Affinity
- Milliman ReservePro
- Oak Mountain Software AnnuityValue
- PolySystems Asset Delphi
- Pricing software
- Qlik Tech QlikView
- SAP BusinessObjects Desktop Intelligence
- SS&C PTS
- Statistical software
What this job involves
16 documented tasks, most important first. Showing 16.
- 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.
- Construct probability tables for events such as fires, natural disasters, and unemployment, based on analysis of statistical data and other pertinent information.
- Provide advice to clients on a contract basis, working as a consultant.
- 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.
- 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 disabled or killed in an accident.
- Explain changes in contract provisions to customers.
- Manage credit and help price corporate security offerings.
- Analyze data to determine premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
