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or $53.38 hourly
What is the risk of automation?
We calculate this occupation to have an automation risk score of
21% (No worries)
This score is based on the abilities, knowledge, skills and activites required in order to do the job.
We look at 9 key attributes of an occupation which can't easily be automated. The more an occupation requires these, the less chance there is of it being replaced.
Note that some attributes have a greater weighting than others, so even though an occupation might require quite heavily on a few attributes, this might not be enough to give it an overall safe score. The final score has been generated using a machine learning algorithm, trained using human predictions.
If any attributes are particularly important in order to do this job, they will be listed below.
Qualities required for this occupation:
Social Perceptiveness (47)
Assisting and Caring for Others (17)
Cramped Work Space, Awkward Positions (2)
not very important
How likely do you think this occupation will be taken over by robots/AI within the next 20 years?
Thank you, your vote has recorded. We are currently compiling votes and will display the results once we have sufficient data.
How quickly is this occupation growing?
The number of 'Actuaries' job openings is expected to rise 24.5% by 2030
'Actuaries' is expected to be a very fast growing occupation in comparison to other occupations.
* Data from the Bureau of Labor Statistics for the period between 2020 and 2030.
Updated projections are due Sep 2022.
What are the median wages for 'Actuaries' in the United States?
In 2020 the median annual wage for 'Actuaries' was $111,030, or $53.38 hourly
'Actuaries' are paid 164.7% higher than the national median wage, which stands at $41,950
* Data from the Bureau of Labor Statistics
How many people are employed in this occupation?
As of 2020 there were 22,480 people employed as Actuaries.
This represents around 0.02% of the employed workforce across the United States.
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.
SOC Code: 15-2011.00
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