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Actuarial Business Analyst Salary in Illinois

How much does an Actuarial Business Analyst make in Illinois? As of September 01, 2026, the average salary for an Actuarial Business Analyst in Illinois is $105,303 per year, which breaks down to an hourly rate of $51.

However, an Actuarial Business Analyst's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $117,330
  • Majority Range (25th-75th percentile): $99,388 to $111,598
  • Entry-Level (10th percentile): $94,003
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Actuarial Business Analyst Job Openings in Illinois

Key Factors That Influence Actuarial Business Analyst Salaries

An Actuarial Business Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Actuarial Business Analyst Salaries?

Experience is a primary driver of an Actuarial Business Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $83,487
  • Early Career (1-2 years): $103,991
  • Mid-Level (2-4 years): $110,003
  • Senior-Level (5-8 years): $131,245
  • Expert (over 8 years): $155,496
Job RoleYears of ExperienceAverage Salary
Vendor Quality Control Analyst I less than 1 year $83,487
Actuarial Business Analyst 1-2 years $103,991
Vendor Quality Control Analyst III 2-4 years $110,003
Vendor Quality Control Analyst IV 5-8 years $131,245
Vendor Quality Control Analyst V over 8 years $155,496

How Do Actuarial Business Analyst Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Actuarial Business Analysts. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $114,384.
  • California: $113,950.
  • Massachusetts: $112,431.

Top Paying Cities for Actuarial Business Analyst

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Effingham: $97,068
  • Saint Peter: $96,935
  • Salem: $97,304

Actuarial Business Analyst Salary by Industry: Top Paying Sectors

For Actuarial Business Analyst roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Aerospace & Defense sectors offer the strongest compensation, at 50% above the average. In contrast, Actuarial Business Analyst positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Actuarial Business Analyst as a support function rather than a direct revenue driver.

The top paying industry for an Actuarial Business Analyst

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Software & Networking $157,954 $76.0 50%

Actuarial Business Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Actuarial Business Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$99,388
Average $105,303/year
$111,598
$8,282
Average $8,775/month
$9,300
$1,911
Average $2,025/week
$2,146
$48
Average $51/hour
$54
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $111,598 $9,300 $2,146 $54
Average $105,303 $8,775 $2,025 $51
25th Percentile $99,388 $8,282 $1,911 $48

Find Your Next Actuarial Business Analyst Job

Ready to take the next step in your career? Browse thousands of current Actuarial Business Analyst job openings on our job board. Use the search bar below to find your perfect match.

  • Strategic Employment | Melrose Park, IL

    Business Analyst

    Strategic Employment | Melrose Park, IL

    Job Description. Job Description. Business Analyst – ERP Systems. Location. Northlake, IL (On-Site). A well-established, privately-held mechanical contract... more

    7 Days Ago

  • TradeJobsWorkForce | San Jose, IL

    Business Analyst

    TradeJobsWorkForce | San Jose, IL

    Business Analyst Job Duties:Elicits, analyzes, specifies, and validates the business needs of stakeholders, be they customers or end users.Collaborates wit... more

    8 Days Ago

  • Contact Government Services, LLC | Chicago, IL

    Business Analyst

    Contact Government Services, LLC | Chicago, IL

    Job Description. Job Description. Business Analyst. Employment Type: Full-Time, Experienced. Department: Information Technology. CGS is looking for busines... more

    8 Days Ago

  • Perspective Consulting Group | Lake Zurich, IL

    Business Analyst

    Perspective Consulting Group | Lake Zurich, IL

    Job Description. Job Description. About Us. Perspective's intention is to provide a solution for the problem that keeps most remodelers up at night: How ca... more

    8 Days Ago

  • UNITE HERE HEALTH | Oak Brook, IL

    Business Analyst

    UNITE HERE HEALTH | Oak Brook, IL

    Job Description. Job Description. UNITE HERE HEALTH serves over 200,000 workers and their families in the hospitality and gaming industry nationwide. Our d... more

    8 Days Ago

  • IH Mississippi Valley Credit Union | Moline, IL

    Business Analyst

    IH Mississippi Valley Credit Union | Moline, IL

    Job Description. Job Description. Join Our Team as a Business Analyst. IHMVCU is looking for a. Business Analyst. to help turn business needs into practica... more

    9 Days Ago

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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