Average Actuarial Associate Salary in Chicago, Illinois

$74,013
Avg. Base Salary (USD)
25%
$66k
MEDIAN
$74k
75%
$83k

The average salary for an Actuarial Associate is $74,013 in 2025

Base Salary
$66k - $83k
Bonus
$0 - $5k
Total Pay
$72k - $84k
Is Average Actuarial Associate Salary in Chicago, Illinois your job title? Find out what you should be paid
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What Do Actuarial Associates Do?

Actuarial Associate Tasks
  • Provide administrative, accounting, compliance, product development, valuation, and/or claims support for multiple departments.
  • Perform ad hoc research and statistical analysis to estimate rates and probabilities affecting policies.
  • Advise policy holders, developing insurance plans, resolving issues, and managing oversight and policy value corrections.
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FAQs About Actuarial Associates

What is the highest pay for Actuarial Associates in Chicago?

Our data indicates that the highest pay for an Actuarial Associate in Chicago is $NaN / year

What is the lowest pay for Actuarial Associates in Chicago?

Our data indicates that the lowest pay for an Actuarial Associate in Chicago is $NaN / year

How can Actuarial Associates increase their salary?

Increasing your pay as an Actuarial Associate is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Actuarial Associate that oversees more junior Actuarial Associates, this experience can increase the likelihood to earn more.