Entry-Level Actuary Salary in Romeoville, IL: $80,578 (2026)
Quick Answer:New actuaries entering the Romeoville, IL job market in 2026 can expect a starting salary around $80,578 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Romeoville's local price level (BEA RPP 97.1 — 3% below national), a first-year paycheck buys what $82,985 would in average-cost America. Most reach the city median ($124,688) within a few years of clinical practice.
Based on BLS state-level estimates · View source
For 2026, new graduates entering the actuary field in Romeoville, Illinois can expect a starting salary around $80,578. While this figure may seem modest compared to the city's median salary of $124,688, it serves as a realistic baseline for entry-level positions. Over the first few years, salaries can rise significantly, moving from the 10th percentile to the 25th at $96,311, as newly minted actuaries gain experience and credentials. Given the projected growth rate of 3.20% annually, Romeoville presents a promising market for fresh graduates eager to kick-start their careers in this field.
About the Romeoville Market
Salary estimated from Illinois average ($130,000) adjusted for local cost of living.
Career Earnings Timeline in Romeoville
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Romeoville
Entry-level actuarys in Romeoville, IL typically start between $80,578 and $96,311 per year (2026 est.). The full salary range spans $112,689 from the 10th to 90th percentile, with the local median at $124,688 — 7.06% below the national median.
Return on Investment
The average actuarial science program cost in Illinois of $68,000 represents just 84.39% of the starting actuary pay ($80,578/year) in Romeoville. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Program cost estimates cover bachelor's degree tuition at public and private universities, plus estimated actuarial exam fees and study materials. Employers often cover exam costs once employed.
ASA, FSA Salary Negotiation Tips for New Graduates in Romeoville
- 1Research the Romeoville market: entry-level actuary pay ranges from $80,578 to $96,311, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the actuarial science field — employers in IL often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Romeoville, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in Romeoville for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Romeoville's moderate cost of living means your starting salary goes further here compared to many larger metro areas.
Actuary Compensation Range
The actuary wage spread in Romeoville is $112,689 ( 139.85%) between entry-level and top earners. Starting at $80,578, experienced hygienists can earn up to $193,267.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$64,455
2025 BLS Actual
$78,079
2026 Current Est.
$80,578
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Romeoville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $64,455 | Actual |
| 2020 | $65,617 | Actual |
| 2021 | $62,865 | Actual |
| 2022 | $71,312 | Actual |
| 2023 | $74,909 | Actual |
| 2024 | $77,313 | Actual |
| 2025 | $78,079 | Actual |
| 2026(current) | $80,578 | Estimated |
| 2027 | $83,156 | Projected |
Entry-level actuary compensation (10th percentile) in Romeoville, IL grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $64,455 in 2019 to $78,079 in 2025. By 2027, starting salaries are projected to reach $83,156. New graduates entering the Romeoville job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Romeoville metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.20% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Starting Your actuarial science Career in Romeoville
Within Romeoville, notable employers such as Prudential, MetLife, and Northwestern Mutual actively recruit entry-level actuaries, often providing structured pathways for exam preparation. These positions usually come with educational benefits that assist recent graduates in passing necessary actuarial exams and obtaining VEE credits, which can enhance their earning potential. Actuaries who progress to obtain their ASA or FSA credentials will typically see their salaries increase substantially—every passed exam can contribute an additional $3,000 to $8,000 to their base pay. In these early years, while compensation in health insurance and consulting firms, like Mercer and Aon, may offer higher starting salaries, developing skills in predictive analytics and data science can further position new grads to command better salaries in the future. Overall, salary growth in the initial years for actuaries in Romeoville can lead to satisfying financial outcomes as they navigate their career paths.
More salary data for Romeoville, IL:
Frequently Asked Questions
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Written by Maria Chen, FSA, MAAA
Career Analyst
Maria has 10 years of experience in life insurance. She specializes in risk assessment and pricing strategies.
Methodology & Data Source
Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new actuarial science graduates. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Romeoville. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Romeoville is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.20%, derived from historical BLS wage trends for actuarys (SOC 15-2011).
Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov