Salary distribution
Where Illinois actuaries fall on the wage curve.
Shaded band = interquartile range (where most full-time workers fall)
The middle 50% of workers earn between $84,460 and $160,210, with a median of $121,960.
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.
| Level | Filings | Median offer |
|---|---|---|
| Level I — entry | 9 | $89,500 |
| Level II — qualified | 13 | $132,356 |
| Level III — experienced | 12 | $149,400 |
| Level IV — fully competent | 4 | $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.
| Employer | Most-filed title | Filings | Median |
|---|---|---|---|
| Milliman, Inc. | Consulting Actuary | 14 | $135,483 |
| Ernst & Young U.S. LLP | Actuaries - KBGFJG07363-20 | 6 | $204,592 |
| Aon Consulting, Inc. | Health & Benefits Consultant - Actuary | 3 | $154,100 |
| National Union Fire Insurance Company of Pittsburgh, Pa. | Associate Actuary | 2 | $107,318 |
| Kuvare Corporate Management, LLC | Actuarial Associate | 2 | $87,719 |
| PRICEWATERHOUSECOOPERS LLP | Manager | 2 | $181,150 |
| Cigna Health and Life Insurance Company | Actuarial Senior Advisor | 2 | $155,709 |
| Coalition Inc. | Reserving Actuarial Analyst | 2 | $132,892 |
| ProSelect Insurance Company | Senior Actuary | 1 | $165,000 |
| Oliver Wyman Actuarial Consulting,Inc. | Consultant | 1 | $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$165,000ChicagoDecided Dec 9, 2025I-203-25336-449127
- Consultant at Oliver Wyman Actuarial Consulting,Inc.$90,000ChicagoDecided Nov 14, 2025I-200-25309-374605
- AVP, Actuarial Pricing at Arch Insurance Group Inc.$220,000ChicagoDecided Nov 14, 2025I-200-25309-378824
- Associate Actuary at National Union Fire Insurance Company of Pittsburgh, Pa.$127,483ChicagoWage Level IIIDecided Sep 15, 2025I-200-25251-293609
- Senior Data Scientist at Jewelers Mutual Insurance Company, SI$155,459BloomingtonWage Level IVDecided Sep 11, 2025I-200-25247-287715
- Actuarial Assistant Senior at National Union Fire Insurance Company of Pittsburgh, Pa.$87,152ChicagoWage Level IDecided Jul 1, 2025I-200-25175-123382
- Consulting Actuary at Milliman, Inc.$141,000ChicagoWage Level IIIDecided Jun 26, 2025I-200-25170-112581
- Actuarial Associate at Kuvare Corporate Management, LLC$87,152RosemontWage 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.
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.
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.
| Specialty | Top employer | Filings | Median offer |
|---|---|---|---|
| Associate Actuary | Milliman, Inc. | 9 | $120,670 |
| Consulting Actuary | Milliman, Inc. | 7 | $141,568 |
| Actuaries - KBGFJG07363-20 | Ernst & Young U.S. LLP | 6 | $204,592 |
| Actuarial Associate | Kuvare Corporate Management, LLC | 4 | $87,576 |
Specialties with 10 or more filings link to a dedicated breakdown.
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.
| Industry | Largest employer | Filings | Median offer |
|---|---|---|---|
| Finance and insurance | Milliman, Inc. | 30 | $140,497 |
| Professional services | Ernst & Young U.S. LLP | 13 | $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.
Typical entry
Education
Bachelor's degree
Experience
None
On-the-job training
Long-term on-the-job training
Top skills (O*NET)
- 4.9 / 5
Mathematics
Knowledge
- 4.6 / 5
Mathematical Reasoning
Ability
- 4.3 / 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
- 4.1 / 5
Inductive Reasoning
Ability
- 4.1 / 5
Number Facility
Ability
Common tasks (O*NET)
- 01
Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
- 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.
- 03
Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
- 04
Design, review, and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
- 05
Determine, or help determine, company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.
- 06
Construct probability tables for events such as fires, natural disasters, and unemployment, based on analysis of statistical data and other pertinent information.
- 07
Provide advice to clients on a contract basis, working as a consultant.
- 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, 2024–2034 cycle.
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Metro-level salary data for actuaries in major Illinois metropolitan areas.
- Chicago$126,040
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.
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.