Business & Finance Aurora, IL Pop. 197,757

Actuary Salary in Aurora, Illinois

The median actuary salary in Aurora, IL is $115,130 per year, which is 1.0% above the national median and 0.0% above the Illinois state average.

City Median
$115,130
vs State Avg
+$0
vs National
+$1,140
Cost of Living
95%

Actuary Salary in Aurora by Experience

In Aurora, an entry-level actuary earns around $70,700, while experienced professionals earn up to $176,750 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$70,700
+$700 vs national
Mid Level (3-7 yrs)
$116,150
+$1,150 vs national
Senior Level (8+ yrs)
$176,750
+$1,750 vs national

Salary Percentiles in Aurora, IL

Percentile Aurora
10th Percentile $69,084
25th Percentile $88,072
Median (50th) $115,130
75th Percentile $152,510
90th Percentile $197,970

Actuary Salary in Other Illinois Cities

How to Become a Actuary in Aurora

Education

Most actuary positions require a bachelor's degree. Aurora and the surrounding Illinois area have institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Demand in Aurora may vary based on local industry and population growth.

Find Actuary Jobs in Aurora

Browse open actuary positions in Aurora, IL:

Frequently Asked Questions: Actuary Salary in Aurora

How much does a Actuary make in Aurora, IL?
The median actuary salary in Aurora, Illinois is $115,130 per year, which is 1.0% above the national median of $113,990. Salaries range from $69,084 (10th percentile) to $197,970 (90th percentile).
How much does a Actuary make per hour in Aurora?
Based on the median annual salary of $115,130, a actuary in Aurora earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Aurora compare to the Illinois state average for actuary pay?
Aurora's median actuary salary of $115,130 is 0.0% above the Illinois state average of $115,130. The local cost of living index is 95% of the national average.
What is the cost of living in Aurora, IL?
Aurora has a cost of living index of 95% compared to the national average. This means a actuary salary of $115,130 in Aurora has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Aurora?
Most actuary positions in Aurora require a bachelor's degree. Key skills include Statistical Modeling, Risk Assessment, Financial Mathematics, Excel/VBA. The job market is projected to grow 21% nationally over the next decade.