Actuarial Services Associate Salary in Illinois

How much does an Actuarial Services Associate make in Illinois? As of August 01, 2026, the average salary for an Actuarial Services Associate in Illinois is $75,184 per year, which breaks down to an hourly rate of $36.

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

  • Top Earners (90th percentile): $92,194
  • Majority Range (25th-75th percentile): $67,145 to $84,088
  • Entry-Level (10th percentile): $59,826

Key Factors That Influence Actuarial Services Associate Salaries

An Actuarial Services Associate'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 Services Associate Salaries?

Experience is a primary driver of an Actuarial Services Associate'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): $73,329
  • Early Career (1-2 years): $85,284
  • Mid-Level (2-4 years): $103,192
  • Senior-Level (5-8 years): $136,065
  • Expert (over 8 years): $166,142
Job RoleYears of ExperienceAverage Salary
Actuarial Services Associate less than 1 year $73,329
Research and Development Associate II 1-2 years $85,284
Research and Development Associate III 2-4 years $103,192
Research and Development Associate IV 5-8 years $136,065
Research and Development Associate V over 8 years $166,142

Top Paying Cities for Actuarial Services Associate

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: $69,305
  • Saint Peter: $69,210
  • Salem: $69,473

Actuarial Services Associate Salary by Industry: Top Paying Sectors

For Actuarial Services Associate roles, the industry you choose can affect earning potential by as much as 65% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Pharmaceuticals sectors offer the strongest compensation, at 35% above the average. In contrast, Actuarial Services Associate positions in Hospitality & Leisure or Transportation typically offer lower base pay, as these industries often view Actuarial Services Associate as a support function rather than a direct revenue driver.

The top paying industries for an Actuarial Services Associate

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Software & Networking $101,499 $49.0 35%
Pharmaceuticals $97,740 $47.0 30%
Biotechnology $93,980 $45.0 25%
Financial Services $93,980 $45.0 25%
Internet $90,221 $43.0 20%

Actuarial Services Associate Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Actuarial Services Associate'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 August 01, 2026
$67,145
Average $75,184/year
$84,088
$5,595
Average $6,265/month
$7,007
$1,291
Average $1,446/week
$1,617
$32
Average $36/hour
$40
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $84,088 $7,007 $1,617 $40
Average $75,184 $6,265 $1,446 $36
25th Percentile $67,145 $5,595 $1,291 $32

Find Your Next Actuarial Services Associate Job

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

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