As of January 01, 2025, the average annual salary for an Actuarial Services Director in Cicero, IL is $299,726. Salary.com reports that pay typically ranges from $261,946 to $337,206, with most professionals earning between $227,550 and $371,329.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $321,454 | $26,788 | $6,182 | $155 |
| Average | $285,725 | $23,810 | $5,495 | $137 |
| 25th Percentile | $249,711 | $20,809 | $4,802 | $120 |
An entry-level Actuarial Services Director with under 1 year experience makes about $274,461. With less than 2 years of experience, a mid-level Actuarial Services Director makes around $277,817. After 2-4 years, the Actuarial Services Director pay rises to about $282,293. Those senior Actuarial Services Director with 5-8 years of experience earn roughly $287,887, and those Actuarial Services Director having 8 years or more experience are expected to earn about $293,482 on average.
| Levels | Salary |
|---|---|
| Entry Level Actuarial Services Director | $274,461 |
| Intermediate Level Actuarial Services Director | $277,817 |
| Senior Level Actuarial Services Director | $282,293 |
| Specialist Level Actuarial Services Director | $287,887 |
| Expert Level Actuarial Services Director | $293,482 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 1% |
| Top Level | 1% |
| Experienced | 3% |
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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.
Consulting: Providing technical or business expertise and advice to internal or external clients.
Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
Client Relationship: Client relationship managemen is focused on building relationships with clients to ensure that their needs are met, they are satisfied with the services and/or products provided by the company.
| Skill | Salary | Demand |
|---|---|---|
|
Building Regulations
|
$332,695 |
11%
|
|
Persuasion
|
$329,698 |
10%
|
|
Billing
|
$329,698 |
10%
|
|
Networking
|
$326,701 |
9%
|
|
Leadership Development
|
$326,701 |
9%
|
|
Balance Sheet
|
$323,704 |
8%
|
