Actuaries pay in Chicago-Naperville-Elgin

In Chicago-Naperville-Elgin (IL), the median pay for actuaries is $54.68 an hour ($113,730 a year). About 1,560 people work in this job there.

$54.68Median hourly pay
$95,970–$163,690Middle half of workers, yearly
1,560People in this job in Chicago-Naperville-Elgin (IL)

That is 13% lower than the U.S. median ($130,000). It is about the same as the Illinois median ($115,430).

Pay range for actuaries in Chicago-Naperville-Elgin (IL)

Earns more thanHourlyYearly
10% of workers$38.29$79,640
25% of workers$46.14$95,970
Half of workers (median)$54.68$113,730
75% of workers$78.70$163,690
90% of workers$100.61$209,260

Actuaries pay in Illinois metro areas

Metro areaMedian yearly payPeople in this job
Springfield$117,59030
Chicago-Naperville-Elgin (this page)$113,7301,560

Illinois unemployment rate: 4.7% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for actuaries

  • Typical education to start: Bachelor's degree (BLS)
  • Related work experience most have: 1 to 3 months (O*NET)
  • Training on the job: Long-term on-the-job training (BLS)
  • Job outlook: +9.2% over ten years, much faster than average · about 1,500 openings a year (BLS)

Related jobs in Chicago-Naperville-Elgin (IL)

JobMedian yearly pay
Data Scientists$107,640
Operations Research Analysts$86,500
Mathematical Science Occupations, All Other$82,230

Other job titles for this job

Actuarial AnalystActuarial AssociateActuarial ConsultantActuarial MathematicianActuarial SpecialistActuaryAnnuity AnalystConsulting ActuaryEnrolled ActuaryHealth ActuaryInsurance ActuaryLife Actuary

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.