RateOrchard
DATA PROFILE · 2024

Actuaries salary in Illinois

Frozenmarket
-63%offers
-22.7%wages
heat10/100

Median, range, employment, and 10-year outlook from BLS Occupational Employment Statistics, with skills and task data from O*NET. Cost-of-living adjustment from BEA Regional Price Parities.

Adrian Serafin, founder and editor of RateOrchardBy Adrian SerafinFounderUpdated April 27, 2026
Median annual$121,960
Mean annual$126,280
Range (10th to 90th)$55,010 to $190,510
Illinois employment2,120
State vs national+0.1% vs national

Salary distribution

Where Illinois actuaries fall on the wage curve.

Annual wage distribution

Shaded band = interquartile range (where most full-time workers fall)

10TH$55,01025TH$84,460MEDIAN$121,96075TH$160,21090TH$190,510

The middle 50% of workers earn between $84,460 and $160,210, with a median of $121,960.

Real disclosed salaries

Actuaries in Illinois: actual employer-disclosed pay

Public records from 43 certified H-1B Labor Condition Applications filed with the U.S. Department of Labor. Median offered wage: $140,300. Every figure below is an actual offered salary an employer attested to under federal law.

By DOL wage level

DOL classifies every offer into one of four wage levels based on the role's experience and skill requirements.

LevelFilingsMedian offer
Level I — entry9$89,500
Level II — qualified13$132,356
Level III — experienced12$149,400
Level IV — fully competent4$266,973

Top employers filing for this role

Companies with the most certified filings for Actuaries in Illinois. Median offer is across all of that employer's filings.

EmployerMost-filed titleFilingsMedian
Milliman, Inc.Consulting Actuary14$135,483
Ernst & Young U.S. LLPActuaries - KBGFJG07363-206$204,592
Aon Consulting, Inc.Health & Benefits Consultant - Actuary3$154,100
National Union Fire Insurance Company of Pittsburgh, Pa.Associate Actuary2$107,318
Kuvare Corporate Management, LLCActuarial Associate2$87,719
PRICEWATERHOUSECOOPERS LLPManager2$181,150
Cigna Health and Life Insurance CompanyActuarial Senior Advisor2$155,709
Coalition Inc.Reserving Actuarial Analyst2$132,892
ProSelect Insurance CompanySenior Actuary1$165,000
Oliver Wyman Actuarial Consulting,Inc.Consultant1$90,000

Recent sample filings

A snapshot of recent certified offers. Each line is a real, public, verifiable record.

  • Senior Actuary at ProSelect Insurance Company
    $165,000
    ChicagoDecided Dec 9, 2025I-203-25336-449127
  • Consultant at Oliver Wyman Actuarial Consulting,Inc.
    $90,000
    ChicagoDecided Nov 14, 2025I-200-25309-374605
  • AVP, Actuarial Pricing at Arch Insurance Group Inc.
    $220,000
    ChicagoDecided Nov 14, 2025I-200-25309-378824
  • Associate Actuary at National Union Fire Insurance Company of Pittsburgh, Pa.
    $127,483
    ChicagoWage Level IIIDecided Sep 15, 2025I-200-25251-293609
  • Senior Data Scientist at Jewelers Mutual Insurance Company, SI
    $155,459
    BloomingtonWage Level IVDecided Sep 11, 2025I-200-25247-287715
  • Actuarial Assistant Senior at National Union Fire Insurance Company of Pittsburgh, Pa.
    $87,152
    ChicagoWage Level IDecided Jul 1, 2025I-200-25175-123382
  • Consulting Actuary at Milliman, Inc.
    $141,000
    ChicagoWage Level IIIDecided Jun 26, 2025I-200-25170-112581
  • Actuarial Associate at Kuvare Corporate Management, LLC
    $87,152
    RosemontWage Level IDecided Jun 26, 2025I-200-25169-107516

Source: U.S. Department of Labor, Office of Foreign Labor Certification. Disclosed wages reflect what employers attested to pay; actual paid wages may differ. Only certified filings are shown — denied and withdrawn cases are excluded.

By seniority

Actuaries pay by experience level in Illinois

Each band reflects DOL Wage Levels I-IV mapped onto a four-step ladder. Click a level to see the disclosed-wage range for that segment.

Specialties

Actuaries specialties in Illinois

Real specialty titles employers file for, clustered from 26 certified offers. The most common variant is Associate Actuary at a median of $120,670.

SpecialtyTop employerFilingsMedian offer
Associate ActuaryMilliman, Inc.9$120,670
Consulting ActuaryMilliman, Inc.7$141,568
Actuaries - KBGFJG07363-20Ernst & Young U.S. LLP6$204,592
Actuarial AssociateKuvare Corporate Management, LLC4$87,576

Specialties with 10 or more filings link to a dedicated breakdown.

Pay by industry

Actuaries in Illinois, by industry

Median offered wage across 43 certified filings, grouped by NAICS industry sector. Finance and insurance leads with a median of $140,497.

IndustryLargest employerFilingsMedian offer
Finance and insuranceMilliman, Inc.30$140,497
Professional servicesErnst & Young U.S. LLP13$132,356

Sectors with at least 25 filings link to a dedicated page with full distribution and sample employer breakdown.

Wage trend

Median annual wage in Illinois over the past 2 BLS OES releases. Real values are CPI-adjusted to 2024 dollars.

Median annual wage, Illinois2023 to 2024
$119,6502023$121,9602024

Typical entry

  • Education

    Bachelor's degree

  • Experience

    None

  • On-the-job training

    Long-term on-the-job training

Top skills (O*NET)

  • Mathematics

    Knowledge

    4.9 / 5
  • Mathematical Reasoning

    Ability

    4.6 / 5
  • Judgment and Decision Making

    Technical

    4.3 / 5
  • Reading Comprehension

    Basic skill

    4.3 / 5
  • Mathematics

    Basic skill

    4.3 / 5
  • Critical Thinking

    Cross-functional

    4.3 / 5
  • Inductive Reasoning

    Ability

    4.1 / 5
  • Number Facility

    Ability

    4.1 / 5

Common tasks (O*NET)

  1. 01

    Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.

  2. 02

    Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.

  3. 03

    Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.

  4. 04

    Design, review, and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.

  5. 05

    Determine, or help determine, company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.

  6. 06

    Construct probability tables for events such as fires, natural disasters, and unemployment, based on analysis of statistical data and other pertinent information.

  7. 07

    Provide advice to clients on a contract basis, working as a consultant.

  8. 08

    Determine equitable basis for distributing surplus earnings under participating insurance and annuity contracts in mutual companies.

10-year outlook

Growth 2024 → 2034

+21.7%

Projected annual openings

BLS outlook

Growing much faster than average

Source: BLS Employment Projections, 20242034 cycle.

Sponsored

Build the skills employers list for Actuaries

Online courses from licensed providers. We may earn a commission when you enroll. The commission does not influence our rankings or wage data.

Explore courses

Top metros in Illinois

Metro-level salary data for actuaries in major Illinois metropolitan areas.

Compare Actuaries pay across nearby states

Frequently asked questions

What is the median salary for Actuaries in Illinois?
According to BLS Occupational Employment Statistics, the median annual wage for Actuaries in Illinois is $121,960.
How does Illinois compare to the national median for Actuaries?
The Illinois median is +0.1% versus the BLS national figure of $121,794.
What is the salary range for Actuaries in Illinois?
BLS reports the 10th-percentile annual wage at $55,010 and the 90th-percentile at $190,510, which captures most full-time workers in the role.
Is Actuaries a growing field?
BLS Employment Projections show employment growing by 21.7% over the projection cycle. See the 10-year outlook section above for details.
What education is required for Actuaries?
BLS lists the typical entry-level education as Bachelor's degree. Many employers also weigh prior experience and credentials.
Disclaimer

Information on this page is for general educational purposes only. It is not career, financial, or tax advice. Wage data reflects BLS estimates for the reference year shown and may not match individual offers, employer-specific ranges, or current market conditions. Confirm with a licensed professional before making career or compensation decisions.