Jul 27, 2026 · 26 min · 10 segments
**Welcome to Series 3, Episode 2 of Actuarial Talk.** In this episode, Will Gallimore is joined by **Nazmul Hasan**, an actuary whose career has spanned consultancy, regulation and senior leadership…
Nazmul HasanGuest
Will GallimoreHost
What do you think the biggest change in the market is coming, uh, we- we're gonna see in the next few years?
I'm seeing, um, with me having dipped into a few different businesses recently, a lot of businesses are using AI and have got licenses to use different AI platforms, and some people are just using basic prompts to do basic, I don't know, how do you structure this folder, for example, versus, okay, let's load that document in, read it for me and give me a summary.
Versus okay, some people who are actually being even more technical with it, where they're using something like Claude to do some basic programming.
Potentially I think the more junior end of roles might change Whilst that might be a positive thing from a short-term business perspective, I think my concern there would be from a longer-term business perspective where it can be a bit short-sighted where you might be saving, say, X pounds, however much a graduate costs nowadays, um, by not hiring one and using AI to do some of the more menial technical work, um-
But if there's no learning, then there's no progression, and then who do you hand over to at the manager level, and who actually gets promoted to the head of level? And if that does still happen, there might be some knowledge gap or some experience gap.
So I think we also need to think about what might be the situation, say, in 10 years' time.
There's, there's, there are people employed by the business who are looking to see how they can use that and integrate that within the business.
Uh, if you think a year ago, I didn't know much about it, and it's progressed so much in six months, 12 months, 18 months.
You think, where's it gonna be in another six, 12, 18 months? Are you, uh, are you pro?
What do you think the biggest change in the market is coming, uh, we- we're gonna see in the next few years?
I'm seeing, um, with me having dipped into a few different businesses recently, a lot of businesses are using AI and have got licenses to use different AI platforms, and some people are just using basic prompts to do basic, I don't know, how do you structure this folder, for example, versus, okay, let's load that document in, read it for me and give me a summary.
Versus okay, some people who are actually being even more technical with it, where they're using something like Claude to do some basic programming.
Potentially I think the more junior end of roles might change Whilst that might be a positive thing from a short-term business perspective, I think my concern there would be from a longer-term business perspective where it can be a bit short-sighted where you might be saving, say, X pounds, however much a graduate costs nowadays, um, by not hiring one and using AI to do some of the more menial technical work, um-
But if there's no learning, then there's no progression, and then who do you hand over to at the manager level, and who actually gets promoted to the head of level? And if that does still happen, there might be some knowledge gap or some experience gap.
So I think we also need to think about what might be the situation, say, in 10 years' time.
There's, there's, there are people employed by the business who are looking to see how they can use that and integrate that within the business.
Uh, if you think a year ago, I didn't know much about it, and it's progressed so much in six months, 12 months, 18 months.
You think, where's it gonna be in another six, 12, 18 months? Are you, uh, are you pro?
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