Chief Actuarial Officer Salary in Chicago, Illinois

Chief Actuarial Officer Salary in Chicago, IL

How much does a Chief Actuarial Officer make in Chicago, IL? The average Chief Actuarial Officer salary in Chicago, IL is $368,440 as of March 26, 2024, but the range typically falls between $316,430 and $432,660. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Chief Actuarial Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Chief Actuarial Officer Salary $269,078 Chicago,IL March 26, 2024
25th Percentile Chief Actuarial Officer Salary $316,430 Chicago,IL March 26, 2024
50th Percentile Chief Actuarial Officer Salary $368,440 Chicago,IL March 26, 2024
75th Percentile Chief Actuarial Officer Salary $432,660 Chicago,IL March 26, 2024
90th Percentile Chief Actuarial Officer Salary $491,129 Chicago,IL March 26, 2024
25% $316,430 10% $269,078 90% $491,129 75% $432,660 $368,440 50%(Median) Didn’t find job title? Click
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Job Description

The Chief Actuarial Officer is responsible for the development of formulas to predict and measure gains and losses in insurance plans. Oversees all aspects of an organization's actuarial function. Being a Chief Actuarial Officer typically reports to top management. Requires a bachelor's degree. The Chief Actuarial Officer manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. Working as a Chief Actuarial Officer typically requires 8+ years of managerial experience. (Copyright 2024 Salary.com)

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Job Openings for Chief Actuarial Officer in Chicago, IL

Career Path for this job

  1. Down a level:

    Actuarial Operations Director


    Bachelor's Degree

  2. This Job:

    Chief Actuarial Officer


    Bachelor's Degree

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Understand the total compensation opportunity for a Chief Actuarial Officer, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
316430
432660
368440

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
391850
639200
498560
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Actuarial Officer in Chicago, IL. The base salary for Chief Actuarial Officer ranges from $316,430 to $432,660 with the average base salary of $368,440. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $391,850 to $639,200 with the average total cash compensation of $498,560.
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316430
432660

 

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About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

Chief Actuarial Officer Salary in popular cities: Aurora, Rockford, Joliet

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