All Professions
Critical RiskFinance & Insurance
Accelerating
Insurance Underwriter
AI systems can now process thousands of risk variables simultaneously, assess claims with greater accuracy than humans, and make underwriting decisions in milliseconds. Major insurers have deployed AI underwriting at scale.
95K current workers
Major disruption: By 2028
93%Automation Risk
Critical Risk
Automation Risk Trajectory
Historical progression and projected automation risk for Insurance Underwriters through 2030
What AI Is Replacing
- Risk assessment for standard policies
- Premium calculation
- Application review
- Fraud pattern detection
What Humans Still Own
- Complex commercial underwriting
- Novel risk categories with limited data
- Regulatory compliance oversight
Top Skills to Develop Now
AI risk modelingActuarial scienceRegulatory compliance
Sources: Accenture Insurance Report (2023), McKinsey Global Institute (2023)
Related Professions
Claims AdjusterRisk AnalystActuary