Senior Actuary Salary in Lake in the Hills, IL: $197,481 (2026)
Quick Answer:The top tier of actuaries working in Lake in the Hills, IL — those at or above the 90th percentile — pull in $197,481/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Lake in the Hills's price premium (BEA RPP 97.1, 3% below national) and that top-decile pay carries the same buying power as $203,379 in average-cost America. The 55% spread above city median typically rewards 7+ years of practice or specialty credentials.
Based on BLS state-level estimates · View source
Senior actuary compensation in Lake in the Hills, Illinois reveals significant earning potential for professionals with extensive experience. In 2026, individuals at the top end of the salary spectrum can expect to earn up to $197,481, while those at the 75th percentile can command $161,099. This marks a notable journey from the median annual salary of $127,408 for the area, reflecting a considerable experience premium that differentiates the top earners. Achieving this level of compensation often necessitates specialization in high-demand areas such as enterprise risk management or predictive analytics, as well as a solid track record of passing actuarial exams, showcasing both technical expertise and industry commitment.
About the Lake in the Hills Market
Salary estimated from Illinois average ($130,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Lake in the Hills
Experienced actuarys at the top of the pay scale in Lake in the Hills earn between $161,099 and $197,481 per year (2026 est.). This $121,266 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Lake in the Hills median of $127,408 sits 5.03% below the US median.
Top ASA, FSA Salary Comparison
| Level | Lake in the Hills | National |
|---|---|---|
| Median (P50) | $127,408 | $134,160 |
| 75th Percentile | $161,099 | $176,111 |
| 90th Percentile (Top 10%) | $197,481 | $221,983 |
In Lake in the Hills, experienced actuaries (P90) earn 55.00% more than the local median — reflecting the significant value of specialization and tenure in this market.
What Drives Top Actuary Pay in Lake in the Hills
Advanced Certifications in Illinois
IL actuaries with additional specialty certifications within the actuarial science field earn significantly above the $127,408 median. Expanded-scope credentials are increasingly valued by Lake in the Hills employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Lake in the Hills command premium compensation, often reaching the $161,099–$197,481 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Lake in the Hills metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Lake in the Hills with established relationships have strong negotiating leverage. In this developing market, retention bonuses and annual raises are common for top performers.
Continuing Education & Leadership
Actuaries in Illinois who pursue advanced degrees, mentor junior staff, or lead clinical education programs position themselves for the highest compensation tiers and management roles.
Actuary Career & Wage Growth Path in Lake in the Hills
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedLake in the Hills ranks #29 of 64 Illinois cities for top earner actuary salary (90th percentile: $197,481).
Top 10% actuary compensation in Lake in the Hills ($197,481) is 5.74% below the Illinois average P90 ($209,500).
2019 BLS Actual
$172,231
2025 BLS Actual
$191,358
2026 Current Est.
$197,481
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Lake in the Hills (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $172,231 | Actual |
| 2020 | $174,375 | Actual |
| 2021 | $183,992 | Actual |
| 2022 | $177,302 | Actual |
| 2023 | $186,207 | Actual |
| 2024 | $191,358 | Actual |
| 2025 | $191,358 | Actual |
| 2026(current) | $197,481 | Estimated |
| 2027 | $203,801 | Projected |
Top-earning actuaries (90th percentile) in Lake in the Hills saw their compensation grow 11.1% from $172,231 in 2019 to $191,358 in 2025, based on 7 years of BLS OEWS data for this metropolitan area. At a 3.20% annual growth rate, senior-level pay is projected to reach $203,801 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lake in the Hills 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.
Maximizing Your Actuary Earnings in Lake in the Hills
Compensation packages for seasoned actuaries in Lake in the Hills can vary significantly based on their area of specialization and the type of employer. Professionals specializing in life and annuity sectors, as well as property and casualty insurance, often gravitate toward larger firms like Prudential or State Farm, where the salary structures typically reflect the complexity and volume of work. Conversely, actuaries who excel in consulting firms such as Mercer and Aon may find compensation more favorable, particularly for those obtaining senior designations like FSA or FCAS. Moreover, pursuing advanced credentials and efficiently navigating the ASA-to-FSA timeline can unlock higher salary brackets, as each progression in exams often correlates with salary increments. Consequently, skilled actuaries focused on continuous professional development, including earning VEE credits and obtaining advanced certifications, position themselves advantageously for lucrative roles in 2026.
More salary data for Lake in the Hills, IL:
Frequently Asked Questions
How much do experienced actuaries make in Lake in the Hills in 2026?
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Can experienced actuaries make six figures in Lake in the Hills?
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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
Top-earner salary figures on this page are 2026 projections derived from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. BLS reported a 90th percentile salary of $191,358 for actuaries in the Lake in the Hills metro area. A 3.20% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 senior-level compensation. Individual earnings depend on certifications, specialization, practice type, and years of clinical experience.
Data Sources & Methodology
Salary data for Lake in the Hills 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