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Actuaries in Illinois

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Actuaries in Illinois

Considering a career as an Actuary in Illinois?

22.8% Jobs Projection
$98,810 Median Salary
140 Job Openings

You’re in luck! Jobs for Actuaries in Illinois are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Actuaries in Illinois is growing faster than average.

  • Actuaries in Illinois earn higher salaries than the typical U.S. wage earner.

How Many Actuaries Work in Illinois?

In Illinois, there were 1,950 people working as Actuaries in the year 2018.

There were 1,320 Actuaries employed in this state in 2017.

That’s growth of 630 jobs between 2017 and 2018.

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The typical state has 330 Actuaries working in it, which means Illinois has more Actuaries than average.

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Job Projections for Illinois

Jobs for Actuaries in this state are growing at a rate of 22.8% which is faster than the nationwide estimated projection of 22.5%.

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Illinois Annual Job Openings

The BLS is projecting 140 annual Actuaries job openings in Illinois, and 1,940 total jobs in the year 2026.

Nationwide, the prediction is 2,100 annual jobs and 28,900 total jobs in 2026.

What do Actuaries Make in Illinois?

In 2018 wages for Actuaries ranged from $66,470 to $171,680 with $98,810 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $31.96 to $82.54. The median hourly rate was $47.51.

Workers in this field were paid a median of $48.79 an hour in 2017.

The hourly rate declined by $1.28.

The median salary in Illinois is higher than the nationwide median salary.

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Top Illinois Metros for Actuaries

The table below shows some of the metros in this state with the most Actuaries.

Metro Number Employed Annual Median Salary
Chicago-Naperville-Elgin, IL-IN-WI 1,260 $92,900
St. Louis, MO-IL 240 $80,630

Top States for Actuaries Employment

The table below shows the states where most Actuaries work.

State Number Employed Annual Median Salary
New York 2,320 $131,510
Illinois 1,950 $98,810
Pennsylvania 1,610 $103,870
Ohio 1,560 $94,000
California 1,410 $114,290
Massachusetts 1,260 $100,970
Texas 1,000 $93,670
Connecticut 980 $115,130
Wisconsin 690 $97,180
Florida 600 $100,450
New Jersey 540 $101,280
Iowa 530 $98,180
Minnesota 520 $101,190
Maryland 470 $92,820
Nebraska 390 $87,890
Missouri 380 $84,500
Washington 360 $124,610
Kansas 330 $101,120
North Carolina 230 $110,510
Indiana 210 $93,010

Below are the states where Actuaries get paid the most:

State Annual Median Salary
New York $131,510
District of Columbia $126,060
Washington $124,610
New Hampshire $116,790
Connecticut $115,130
Colorado $114,660
California $114,290
North Carolina $110,510
Mississippi $109,140
Maine $107,180

References

More about our data sources and methodologies.

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