As of January 01, 2025, the average annual salary for an Actuary III in Skokie, IL is $120,763. According to Salary.com, salaries can range from a low of $98,063 to a high of $144,996, with most professionals earning between $108,881 and $133,447.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $127,214 | $10,601 | $2,446 | $61 |
| Average | $115,122 | $9,593 | $2,214 | $55 |
| 25th Percentile | $103,795 | $8,650 | $1,996 | $50 |
An entry-level Actuary III with under 1 year experience makes about $114,576. With less than 2 years of experience, a mid-level Actuary III makes around $115,457. After 2-4 years, the Actuary III pay rises to about $117,218. Those senior Actuary III with 5-8 years of experience earn roughly $123,615, and those Actuary III having 8 years or more experience are expected to earn about $126,996 on average.
| Levels | Salary |
|---|---|
| Entry Level Actuary III | $114,576 |
| Intermediate Level Actuary III | $115,457 |
| Senior Level Actuary III | $117,218 |
| Specialist Level Actuary III | $123,615 |
| Expert Level Actuary III | $126,996 |
| Entry Level | 0% |
| Mid Level | 0% |
| Senior Level | 2% |
| Top Level | 7% |
| Experienced | 10% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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
Programming: Executing logic to facilitate computing operations and functionality in one or more languages.
| Skill | Salary | Demand |
|---|---|---|
|
ISO
|
$131,632 |
9%
|
|
Coaching
|
$130,424 |
8%
|
|
Teamwork
|
$126,801 |
5%
|
|
Project Management
|
$125,593 |
4%
|
|
Listening
|
$124,386 |
3%
|
|
Leadership
|
$124,386 |
3%
|
