As of August 01, 2026, the average salary for an Actuarial Manager in Matherville, IL is $227,544 per year, which breaks down to an hourly rate of $109.
However, an Actuarial Manager's salary can vary significantly. Here’s a look at the typical salary range:
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An Actuarial Manager'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, skills and company size can directly affect your earning potential.
Experience is a primary driver of an Actuarial Manager'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:
| Levels | Salary |
|---|---|
| Actuarial... Level Actuarial Manager | $172,768 |
| Actuarial... Level Actuarial Manager | $163,030 |
| Actuarial... Level Actuarial Manager | $214,295 |
| Actuarial... Level Actuarial Manager | $226,102 |
| VP of Act... Level Actuarial Manager | $378,030 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Consulting | 4.43% |
| Financial Risk | 3.16% |
| Balance Sheet | 1.27% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Building Regulations
|
$252,574 |
11%
|
|
Persuasion
|
$250,299 |
10%
|
|
Billing
|
$250,299 |
10%
|
|
Networking
|
$248,023 |
9%
|
|
Leadership Development
|
$248,023 |
9%
|
|
Balance Sheet
|
$245,748 |
8%
|
For Actuarial Manager roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Actuarial Manager positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Actuarial Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $295,808 | $142.0 | 30% |
| Financial Services | $284,431 | $137.0 | 25% |
| Internet | $273,053 | $131.0 | 20% |
| Energy & Utilities | $261,676 | $126.0 | 15% |
| Aerospace & Defense | $250,299 | $120.0 | 10% |
Understanding how an Actuarial Manager'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.
Last Updated on August 01, 2026Ready to take the next step in your career? Browse thousands of current Actuarial Manager job openings on our job board. Use the search bar below to find your perfect match.
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