How much does an Actuary III make in Illinois? The average Actuary III salary in Illinois is $118,587 as of February 26, 2024, but the range typically falls between $105,052 and $130,697. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Actuary III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Actuary III Salary $92,730 IL February 26, 2024
25th Percentile Actuary III Salary $105,052 IL February 26, 2024
50th Percentile Actuary III Salary $118,587 IL February 26, 2024
75th Percentile Actuary III Salary $130,697 IL February 26, 2024
90th Percentile Actuary III Salary $141,722 IL February 26, 2024
25% $105,052 10% $92,730 90% $141,722 75% $130,697 $118,587 50%(Median) Didn’t find job title? Click
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Check out Actuary jobs in Illinois

Global Payroll Manager

SaniSure LLC - Camarillo, CA

Project Manager (Hybrid): 24-00020

Platinum Resource Group - Newport Beach, CA

Actuarial Intern

Worker's Compensation Insurance Rating Bureau - Oakland, CA

Tax Manager

Search Heights - Phoenix, AZ

What skills does an Actuary III need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Life insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period

3.

Programming: Executing logic to facilitate computing operations and functionality in one or more languages.

Analysis 2.19%
Life insurance 0.56%
Programming 0.34%
Others 96.91%

Job Description for Actuary III

Actuary III conducts analysis, pricing and risk assessment to estimate financial outcomes. Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Being an Actuary III develops probability tables regarding fire, natural disasters, death, unemployment, etc. based on analysis of statistical data and other pertinent information. Incumbents typically have achieved an Associate, Society of Actuaries (ASA) designation. Additionally, Actuary III requires a bachelor's degree. Typically reports to a manager. The Actuary III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be an Actuary III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Actuary III in Illinois

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Location Avg. Salary Date Updated
Location Cicero, IL Avg. Salary $121,749 Date Updated February 26, 2024
Location Mount Prospect, IL Avg. Salary $121,334 Date Updated February 26, 2024
Location Abingdon, IL Avg. Salary $109,460 Date Updated February 26, 2024
Location Adair, IL Avg. Salary $110,785 Date Updated February 26, 2024
Location Addieville, IL Avg. Salary $112,712 Date Updated February 26, 2024
Location Addison, IL Avg. Salary $121,334 Date Updated February 26, 2024
Location Akin, IL Avg. Salary $108,392 Date Updated February 26, 2024
Location Albany, IL Avg. Salary $107,583 Date Updated February 26, 2024
Location Albers, IL Avg. Salary $112,712 Date Updated February 26, 2024
Location Albion, IL Avg. Salary $105,985 Date Updated February 26, 2024

Career Path for Actuary III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Actuary III, the upper level is Actuary IV and then progresses to Actuary V.

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Jobs with a similar salary range to Actuary III : Quantitative Investment Analyst

Actuary III Salary in Illinois
Actuary III Salary Graph, Regional Distribution and Summary