Senior Actuary Salary in Orland Park, IL: $204,736 (2026)
Quick Answer:The top tier of actuaries working in Orland Park, IL — those at or above the 90th percentile — pull in $204,736/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Orland Park's price premium (BEA RPP 97.1, 3% below national) and that top-decile pay carries the same buying power as $210,851 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
Navigating the senior actuary salary market in Orland Park, Illinois, in 2026 reveals pronounced earnings potential for seasoned professionals. The median annual salary stands at $132,088, yet top earners can command as much as $204,736, illustrating a significant difference driven by advanced experience and specialization. This experience premium not only reflects the value placed on knowledge gained over years, but also suggests that where one specializes heavily influences earning potential. To reach these upper echelons of pay, an actuary typically needs over seven years of experience alongside advanced credentials like the Fellowship in the Society of Actuaries (FSA) or the Casualty Actuarial Society (FCAS), often pursuing a strategic career path that involves extensive exam completion and specialization in lucrative sectors.
About the Orland Park Market
Salary estimated from Illinois average ($130,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Orland Park
Experienced actuarys at the top of the pay scale in Orland Park earn between $169,073 and $204,736 per year (2026 est.). This $124,592 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Orland Park median of $132,088 sits 1.54% below the US median.
Top ASA, FSA Salary Comparison
| Level | Orland Park | National |
|---|---|---|
| Median (P50) | $132,088 | $134,160 |
| 75th Percentile | $169,073 | $176,111 |
| 90th Percentile (Top 10%) | $204,736 | $221,983 |
In Orland Park, 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 Orland Park
Advanced Certifications in Illinois
IL actuaries with additional specialty certifications within the actuarial science field earn significantly above the $132,088 median. Expanded-scope credentials are increasingly valued by Orland Park employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Orland Park command premium compensation, often reaching the $169,073–$204,736 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Orland Park metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Orland Park 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 Orland Park
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedOrland Park ranks #3 of 64 Illinois cities for top earner actuary salary (90th percentile: $204,736).
Top 10% actuary compensation in Orland Park ($204,736) is 2.27% below the Illinois average P90 ($209,500).
2019 BLS Actual
$178,558
2025 BLS Actual
$198,388
2026 Current Est.
$204,736
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Orland Park (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $178,558 | Actual |
| 2020 | $180,781 | Actual |
| 2021 | $190,751 | Actual |
| 2022 | $183,816 | Actual |
| 2023 | $193,048 | Actual |
| 2024 | $198,388 | Actual |
| 2025 | $198,388 | Actual |
| 2026(current) | $204,736 | Estimated |
| 2027 | $211,288 | Projected |
Top-earning actuaries (90th percentile) in Orland Park saw their compensation grow 11.1% from $178,558 in 2019 to $198,388 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 $211,288 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Orland Park 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 Orland Park
In Orland Park, compensation for experienced actuaries varies dramatically depending on specific skills and the type of employer. Areas like life and annuity, health, and property & casualty (P&C) demand premium pay, particularly in firms such as Prudential and UnitedHealth, where the competition for top talent is fierce. Senior actuaries working in consulting firms like Mercer or Aon can also expect more competitive packages compared to traditional insurance roles, largely due to the expertise in areas like predictive analytics and enterprise risk management. Pathways for advancement frequently transition from actuarial analyst to managing actuary or chief actuary, which ideally involves completing the ASA-to-FSA progression—generally requiring five to eight years and passing multiple exams. Further credentials such as the ASA or ACAS significantly enhance one's marketability, while non-salary compensation, including study time benefits and signing bonuses for credential completions, remains attractive incentives driving higher levels of engagement and retention in this competitive market.
More salary data for Orland Park, IL:
Frequently Asked Questions
How much do experienced actuaries make in Orland Park in 2026?
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Can experienced actuaries make six figures in Orland Park?
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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 $198,388 for actuaries in the Orland Park 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 Orland Park 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