Business & Finance Naperville, IL Pop. 149,540

Actuary Salary in Naperville, Illinois

The median actuary salary in Naperville, IL is $129,949 per year, which is 14.0% above the national median and 12.9% above the Illinois state average.

City Median
$129,949
vs State Avg
+$14,819
vs National
+$15,959
Cost of Living
108%

Actuary Salary in Naperville by Experience

In Naperville, an entry-level actuary earns around $79,800, while experienced professionals earn up to $199,500 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$79,800
+$9,800 vs national
Mid Level (3-7 yrs)
$131,100
+$16,100 vs national
Senior Level (8+ yrs)
$199,500
+$24,500 vs national

Salary Percentiles in Naperville, IL

Percentile Naperville
10th Percentile $77,976
25th Percentile $99,408
Median (50th) $129,949
75th Percentile $172,140
90th Percentile $223,451

Actuary Salary in Other Illinois Cities

How to Become a Actuary in Naperville

Education

Most actuary positions require a bachelor's degree. Naperville 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 Naperville may vary based on local industry and population growth.

Find Actuary Jobs in Naperville

Browse open actuary positions in Naperville, IL:

Frequently Asked Questions: Actuary Salary in Naperville

How much does a Actuary make in Naperville, IL?
The median actuary salary in Naperville, Illinois is $129,949 per year, which is 14.0% above the national median of $113,990. Salaries range from $77,976 (10th percentile) to $223,451 (90th percentile).
How much does a Actuary make per hour in Naperville?
Based on the median annual salary of $129,949, a actuary in Naperville earns approximately $62 per hour assuming a standard 2,080-hour work year.
How does Naperville compare to the Illinois state average for actuary pay?
Naperville's median actuary salary of $129,949 is 12.9% above the Illinois state average of $115,130. The local cost of living index is 108% of the national average.
What is the cost of living in Naperville, IL?
Naperville has a cost of living index of 108% compared to the national average. This means a actuary salary of $129,949 in Naperville has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Naperville?
Most actuary positions in Naperville 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.