As of March 01, 2025, the average annual salary for an Actuary III in Springfield, IL is $112,223. According to Salary.com, salaries can range from a low of $91,130 to a high of $134,740, with most professionals earning between $101,182 and $124,009.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $127,845 | $10,654 | $2,459 | $61 |
| Average | $115,694 | $9,641 | $2,225 | $56 |
| 25th Percentile | $104,311 | $8,693 | $2,006 | $50 |
An entry-level Actuary III with under 1 year experience makes about $105,948. With less than 2 years of experience, a mid-level Actuary III makes around $106,762. After 2-4 years, the Actuary III pay rises to about $108,390. Those senior Actuary III with 5-8 years of experience earn roughly $114,306, and those Actuary III having 8 years or more experience are expected to earn about $117,432 on average.
| Levels | Salary |
|---|---|
| Entry Level Actuary III | $105,948 |
| Intermediate Level Actuary III | $106,762 |
| Senior Level Actuary III | $108,390 |
| Specialist Level Actuary III | $114,306 |
| Expert Level Actuary III | $117,432 |
| Entry Level | 8% |
| Mid Level | 8% |
| Senior Level | 6% |
| Top Level | 1% |
| Experienced | 2% |
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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
|
$122,323 |
9%
|
|
Coaching
|
$121,201 |
8%
|
|
Teamwork
|
$117,834 |
5%
|
|
Project Management
|
$116,712 |
4%
|
|
Listening
|
$115,590 |
3%
|
|
Leadership
|
$115,590 |
3%
|
