Actuary Salary in Chicago-Naperville-Elgin
Analyzes financial costs of risk and uncertainty using mathematics, statistics, and financial theory.
Chicago-Naperville-Elgin ranks #296 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $8,434 below the national average.
Chicago-Naperville-Elgin vs National Average
| Level | This Metro | National Avg | Difference | % Change |
|---|---|---|---|---|
| Level I (Entry) | $71,698 | $80,132 | $-8,434 | -10.5% |
| Level II | $99,590 | $104,342 | $-4,752 | -4.6% |
| Level III (Mid) | $127,483 | $128,553 | $-1,070 | -0.8% |
| Level IV (Senior) | $155,376 | $152,762 | +$2,614 | +1.7% |
Other metros in Illinois
| Metro Area | Level I | Level IV | Average |
|---|---|---|---|
| St. Louis | $82,846 | $156,374 | $132,101 |
| Paducah | $84,552 | $153,296 | $130,603 |
| Cape Girardeau | $79,248 | $155,605 | $130,395 |
| South Illinois | $80,122 | $153,150 | $129,043 |
| Champaign-Urbana | $72,696 | $156,000 | $128,523 |
Frequently Asked Questions
What is the average actuary salary in Chicago-Naperville-Elgin?
The average actuary salary in Chicago-Naperville-Elgin is $127,774 per year, based on U.S. Department of Labor employer survey data. This places Chicago-Naperville-Elgin at rank #296 out of 530 U.S. metro areas surveyed.
What do entry-level actuarys earn in Chicago-Naperville-Elgin?
Entry-level actuarys (Level I) in Chicago-Naperville-Elgin earn $71,698 per year. Level II (early career) earns $99,590, reflecting growing independence and experience.
How does Chicago-Naperville-Elgin compare to the national average for actuary salaries?
Chicago-Naperville-Elgin ranks #296 of 530 U.S. metro areas for actuary pay. Entry-level salaries here are $8,434 below the national average. The national average actuary salary is $128,794, while Chicago-Naperville-Elgin workers average $127,774 — a difference of -1% overall.
Data source: Salary data sourced from the U.S. Department of Labor Occupational Employment and Wage Statistics (OEWS) program, which surveys employers nationwide to collect wage data by occupation and geography. The four experience levels reflect DOL standardized tiers. Data reflects the most recently published survey cycle. SOC code: 15-2011.