Senior Actuary Salary in Romeoville, IL: $193,267 (2026)
Quick Answer:The top tier of actuaries working in Romeoville, IL — those at or above the 90th percentile — pull in $193,267/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Romeoville's price premium (BEA RPP 97.1, 3% below national) and that top-decile pay carries the same buying power as $199,039 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 actuaries in Romeoville, Illinois, have the potential to achieve remarkable compensation, with top earners (P90) expected to earn $193,267 in 2026. This figure not only highlights the lucrative nature of the profession but also stands out as a competitive salary when compared to national benchmarks. The substantial median salary of $124,688 reflects an experience premium that rewards those with over seven years in the field. Achieving the top-tier pay in this market typically requires advanced credentials, such as Fellow of the Society of Actuaries (FSA), along with demonstrable expertise in high-demand specialties, strategic risk management, and predictive analytics.
About the Romeoville Market
Salary estimated from Illinois average ($130,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Romeoville
Experienced actuarys at the top of the pay scale in Romeoville earn between $159,601 and $193,267 per year (2026 est.). This $112,689 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Romeoville median of $124,688 sits 7.06% below the US median.
Top ASA, FSA Salary Comparison
| Level | Romeoville | National |
|---|---|---|
| Median (P50) | $124,688 | $134,160 |
| 75th Percentile | $159,601 | $176,111 |
| 90th Percentile (Top 10%) | $193,267 | $221,983 |
In Romeoville, 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 Romeoville
Advanced Certifications in Illinois
IL actuaries with additional specialty certifications within the actuarial science field earn significantly above the $124,688 median. Expanded-scope credentials are increasingly valued by Romeoville employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Romeoville command premium compensation, often reaching the $159,601–$193,267 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Romeoville metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Romeoville 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 Romeoville
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedRomeoville ranks #51 of 64 Illinois cities for top earner actuary salary (90th percentile: $193,267).
Top 10% actuary compensation in Romeoville ($193,267) is 7.75% below the Illinois average P90 ($209,500).
2019 BLS Actual
$168,555
2025 BLS Actual
$187,274
2026 Current Est.
$193,267
2019–2027 Growth
+18.3%
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 | $168,555 | Actual |
| 2020 | $170,654 | Actual |
| 2021 | $180,065 | Actual |
| 2022 | $173,518 | Actual |
| 2023 | $182,233 | Actual |
| 2024 | $187,274 | Actual |
| 2025 | $187,274 | Actual |
| 2026(current) | $193,267 | Estimated |
| 2027 | $199,451 | Projected |
Top-earning actuaries (90th percentile) in Romeoville saw their compensation grow 11.1% from $168,555 in 2019 to $187,274 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 $199,451 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
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.
Maximizing Your Actuary Earnings in Romeoville
Compensation strategies for senior actuaries in Romeoville can vastly differ based on specialty areas and employer types. Areas such as life and annuity, health insurance, and property & casualty frequently offer higher salaries, particularly through firms like Prudential and UnitedHealth. Reinsurers and consulting firms, such as Milliman and Aon, also provide competitive packages, especially for those with advanced actuarial qualifications and skills in areas like capital modeling and enterprise risk management. The pathway to leadership roles, including chief actuary or consulting practice principal, typically begins with foundational positions and progresses through earning the Associate (ASA) and Fellow (FSA) designations. Certification not only informs the actuarial role but acts as a significant driver for compensation, with each passed exam often reflecting thousands in salary increase, thereby emphasizing the importance of continuous professional development in ensuring a rewarding career trajectory in IL.
More salary data for Romeoville, IL:
Frequently Asked Questions
How much do experienced actuaries make in Romeoville in 2026?
What drives higher actuary pay in Romeoville?
What certifications boost actuary salary in Romeoville?
Can experienced actuaries make six figures in Romeoville?
How much does actuary salary increase over time in Romeoville?
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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 $187,274 for actuaries in the Romeoville 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 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