Actuarial Science

My Major Lifespan

until AI starts shrinking hiring of this major’s graduates
Mar 24, 2029 · 910 days left

AI already handles much of the reserving and pricing models, reports, and underwriting document review that fall to new hires, and cuts have begun in underwriting. Insurers' support for entry-level staff working through SOA and CAS exams props up hiring, but there is no further cushion such as an IFRS 17 staffing shortage.

Major lifespan is the time left until AI is expected to start shrinking hiring of this major’s graduates. It doesn’t mean the major will disappear or that everyone will lose their job.