Loan interviewers and clerks
SOC Code: 43-4131
Loan interviewers and clerks carries a 79% AI exposure score (Very High automation risk), with a median annual wage of $48,950 and -2.3% projected employment growth from 2024 to 2034 (BLS), affecting approximately 177,600 workers. Full task breakdown, skills, and employer data are below.
Proportion of tasks susceptible to AI automation (O*NET analysis)
AI Exposure vs Industry Growth
Total occupations tracked
832
Covering all SOC major groups
Data currency
2024
BLS Employment Projections
AI exposure avg
40%
Fleet-wide median across all roles
Composite score weighing O*NET task data completeness, BLS projection methodology, and cross-validation with employer risk grades.
Employment Projections
Occupation Insight
Loan interviewers and clerks (SOC 43-4131) carries an AI exposure score of 79%, placing it in the Very High automation-risk tier. This score is computed from O*NET Database 30.0 task-level analysis, where each task an occupation performs is evaluated against current generative AI, robotic process automation, and machine-learning capabilities. A score above 70% signals that the majority of core duties are already technically automatable — workers in these roles face the steepest near-term displacement pressure.
The economic context matters alongside the risk score. BLS counted approximately 177,600 workers in this occupation in 2024, and projects a -2.3% change through 2034 — a decline that often compounds with high AI exposure to create displacement headwinds. Median annual compensation stands at $48,950, reflecting both skill scarcity and the value employers place on the tasks that remain difficult to automate. Entry typically requires High school diploma or equivalent, plus None of related experience.
For career planners, this profile should be read alongside the task, skill, and knowledge breakdowns below and the list of employers whose workforce composition includes Loan interviewers and clerks. Adjacent occupations shown further down offer lateral moves that preserve industry knowledge while potentially reducing exposure. Pair the AI exposure score with the BLS employment projection and wage percentiles above for a complete career assessment.
Education & Entry Requirements
Top Tasks (O*NET)
- 1. Verify and examine information and accuracy of loan application and closing documents.
- 2. Assemble and compile documents for loan closings, such as title abstracts, insurance forms, loan forms, and tax receipts.
- 3. Record applications for loan and credit, loan information, and disbursements of funds, using computers.
- 4. Submit loan applications with recommendation for underwriting approval.
- 5. Contact customers by mail, telephone, or in person concerning acceptance or rejection of applications.
- 6. File and maintain loan records.
- 7. Contact credit bureaus, employers, and other sources to check applicants' credit and personal references.
- 8. Check value of customer collateral to be held as loan security.
- 9. Interview loan applicants to obtain personal and financial data and to assist in completing applications.
- 10. Prepare and type loan applications, closing documents, legal documents, letters, forms, government notices, and checks, using computers.
Key Skills Required
- Active Listening
- Speaking
- Reading Comprehension
- Critical Thinking
- Writing
- Complex Problem Solving
- Active Learning
- Social Perceptiveness
- Judgment and Decision Making
- Time Management
Knowledge Areas
- Customer and Personal Service
- English Language
- Administrative
- Computers and Electronics
- Law and Government
- Mathematics
- Administration and Management
- Education and Training
- Sales and Marketing
- Economics and Accounting
Frequently Asked Questions
Will AI replace Loan interviewers and clerks?
Loan interviewers and clerks has an AI exposure score of 79%, indicating a very high level of automation risk. Many tasks in this role involve routine data processing and pattern recognition that current AI systems can perform.
What is the job outlook for Loan interviewers and clerks?
According to BLS Employment Projections 2024-2034, Loan interviewers and clerks is projected to decline by 2.3% over the decade. Current employment stands at approximately 177,600 workers.
What skills are needed for Loan interviewers and clerks?
Key skills for Loan interviewers and clerks include Active Listening, Speaking, Reading Comprehension, and others. Typical entry-level education is High school diploma or equivalent.
How much do Loan interviewers and clerks earn?
The median annual wage for Loan interviewers and clerks is $48,950, according to BLS Occupational Employment and Wage Statistics (May 2024). Actual earnings vary by location, experience, industry, and employer. The BLS publishes detailed wage percentiles by region in its Occupational Employment and Wage Statistics program.
What education is required for Loan interviewers and clerks?
The typical entry-level education for Loan interviewers and clerks is High school diploma or equivalent. Employers generally expect None of related work experience. On-the-job training typically involves Short-term on-the-job training. Requirements can vary by employer and specialization.
Which companies employ Loan interviewers and clerks?
Loan interviewers and clerks roles exist across many industries and employers. Workforce composition is estimated from BLS industry-occupation employment distributions matched to SEC-registered public companies.
AI Exposure Rating
Very High automation risk based on 10 analyzed tasks. A majority of tasks in this occupation are susceptible to AI automation.
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Data sources: Bureau of Labor Statistics Employment Projections 2024–2034 and O*NET Database 30.0. Employment figures are rounded. Wage data from BLS Occupational Employment Statistics (OES).