Illinois·Computer and Mathematical Occupations·SOC 15-2011

Best Actuary programs in Illinois, ranked by enrollment

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.

18 schools in Illinois run programs that feed this job, graduating 914 people a year. The job pays a median of $115,430 in Illinois across about 2,280 jobs (BLS OEWS May 2025).

Also calledActuaryPricing ActuaryActuarial AnalystConsulting ActuaryLife ActuaryHealth ActuaryAnnuity AnalystActuarial Intern
Graduates / yr
914
in Illinois
Median pay · Illinois
$115,430
BLS OEWS May 2025
Jobs in state
2,280
people employed
Schools
18
with a feeder program
Avg graduation rate
68%
across those schools
Median net price
$20,794
per year, IPEDS

Fields of study in Illinois that lead to this job

Grouped at the 4-digit CIP level. Numbers are graduates per year in this state.

7 programs in Illinois that lead to this job

Ranked by graduates per year in Illinois (IPEDS completions). Graduate earnings and debt are national College Scorecard figures reported at the 4-digit CIP level, so specializations within one field share a figure. Each program also links to its own Illinois page.

Degree programs that lead to this occupation, ranked by graduates per year
#ProgramGraduates / yrShare of pipelineSchoolsGrad earnings (1 yr)Median debt
1
CIP 27.0501In Illinois
548
60.0%
9$59,718$20,150
2
CIP 27.0599In Illinois
145
15.9%
1$59,718$20,150
3
CIP 52.1304In Illinois
99
10.8%
10$62,069$23,500
4
CIP 27.0301In Illinois
67
7.3%
7$60,930$21,143
5
CIP 27.0304In Illinois
45
4.9%
1$60,930$21,143
6
CIP 27.0601In Illinois
9
1.0%
1
7
CIP 27.0503In Illinois
1
0.1%
1$59,718$20,150

Top 18 schools in Illinois

Ranked by graduates per year into this job. Graduate earnings are reported for 6 of the 18 schools in this state.

Schools ranked by graduates per year into this occupation
#SchoolGraduates / yrTop feeder programGrad earnings (1 yr)Grad rateNet priceAcceptance
1University of Illinois Urbana - Champaign
Champaign, IL Public · 4 feeder programs
507Statistics, General$68,63685%42%
2University of Chicago
Chicago, IL Private not-for-profit · 2 feeder programs
145Statistics, General$82,68196%$13,3334%
3Northwestern University
Evanston, IL Private not-for-profit · 2 feeder programs
89Statistics, General$77,91795%$14,7998%
4University of Illinois Chicago
Chicago, IL Public · 1 feeder programs
42Statistics, General$38,29662%77%
5Western Illinois University
Macomb, IL Public · 1 feeder programs
30Statistics, General45%71%
6DePaul University
Chicago, IL Private not-for-profit · 4 feeder programs
28Applied Statistics, General68%$28,14176%
7Loyola University Chicago
Chicago, IL Private not-for-profit · 2 feeder programs
20Statistics, General73%$33,45482%
8Northern Illinois University
Dekalb, IL Public · 2 feeder programs
16Statistics, General49%70%
9Illinois Institute of Technology
Chicago, IL Private not-for-profit · 2 feeder programs
11Applied Mathematics, General75%$19,89955%
10North Central College
Naperville, IL Private not-for-profit · 2 feeder programs
7Actuarial Science$85,16864%$20,05277%
11Augustana College
Rock Island, IL Private not-for-profit · 1 feeder programs
4Applied Mathematics, General73%$14,96063%
12Aurora University
Aurora, IL Private not-for-profit · 1 feeder programs
3Actuarial Science60%$18,43181%
13Lake Forest College
Lake Forest, IL Private not-for-profit · 1 feeder programs
3Statistics, General78%$25,05257%
14Olivet Nazarene University
Bourbonnais, IL Private not-for-profit · 1 feeder programs
3Actuarial Science61%$20,90356%
15Illinois College
Jacksonville, IL Private not-for-profit · 1 feeder programs
2Actuarial Science64%$15,78678%
16Roosevelt University
Chicago, IL Private not-for-profit · 1 feeder programs
2Actuarial Science$48,71535%$21,08597%
17Bradley University
Peoria, IL Private not-for-profit · 1 feeder programs
1Actuarial Science76%$21,76877%
18Elmhurst University
Elmhurst, IL Private not-for-profit · 1 feeder programs
1Actuarial Science70%$20,79474%

All 18 schools in Illinois

Every school in Illinois with a program that feeds this job, ordered by graduates per year. Earnings are shown for the ranked schools above; open a school profile for the rest.

All schools in Illinois that feed this occupation
SchoolCityControlGraduates / yrFeeder programs
University of Illinois Urbana - ChampaignChampaignPublic5074
University of ChicagoChicagoPrivate not-for-profit1452
Northwestern UniversityEvanstonPrivate not-for-profit892
University of Illinois ChicagoChicagoPublic421
Western Illinois UniversityMacombPublic301
DePaul UniversityChicagoPrivate not-for-profit284
Loyola University ChicagoChicagoPrivate not-for-profit202
Northern Illinois UniversityDekalbPublic162
Illinois Institute of TechnologyChicagoPrivate not-for-profit112
North Central CollegeNapervillePrivate not-for-profit72
Augustana CollegeRock IslandPrivate not-for-profit41
Aurora UniversityAuroraPrivate not-for-profit31
Lake Forest CollegeLake ForestPrivate not-for-profit31
Olivet Nazarene UniversityBourbonnaisPrivate not-for-profit31
Illinois CollegeJacksonvillePrivate not-for-profit21

What actuaries earn in Illinois

What people already working in this job earn (BLS OEWS May 2025). Not graduate earnings.

Median annual in Illinois
$115,430
Mean annual
$129,580
Jobs in state
2,280
What the range looks like
10th pct$77,790Median$115,43090th pct$202,160
Versus the national median
-11.2%

U.S. median $130,000. Illinois pays below the national figure.

Job concentration
2.18×

Concentrated here: Illinois employs more of this job per worker than the U.S. average.

Metro areas in Illinois

Chicago-Naperville-Elgin, IL-IN
$113,730median
1,560 jobs
Springfield, IL
$117,590median
30 jobs
Peoria, IL
avg
60 jobs

Job outlook

Bureau of Labor Statistics Employment Projections, 2024 to 2034.

Projected growth 2024–34
+21.8%
Much faster than average
Openings per year
2,400
new jobs plus replacements
Employment change
7,300
33,600 → 40,900
Typical entry education
Bachelor's degree
Plus long-term on-the-job training

Growth and openings are national. The Bureau of Labor Statistics does not publish employment projections at state level, so these figures describe the occupation across the whole U.S., not this state alone.

How to get in

The full skills, tools, and day-to-day breakdown lives on the national Actuaries page.

How to become a Actuary

Job zone 4 of 5 · SVP 7.0 to < 8.0
Typical entry education
Bachelor's degree
On-the-job training
Long-term on-the-job training

Most of these occupations require a four-year bachelor's degree, but some do not.

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Top skills

Reading ComprehensionCritical ThinkingMathematicsActive ListeningSpeakingWriting

The same job in other states

Where else this occupation employs the most people, and what it pays there.

Related careers in Illinois

Every major mapped to this job

The official federal mapping behind the rankings above.

All 9 majors mapped to Actuaries9 of them graduated someone in the latest IPEDS year. NCES CIP 2020 → SOC 2018 crosswalk.+
  • 27.0301Applied Mathematics, General
  • 27.0304Computational and Applied Mathematics
  • 27.0501Statistics, General
  • 27.0502Mathematical Statistics and Probability
  • 27.0503Mathematics and Statistics
  • 27.0599Statistics, Other
  • 27.0601Applied Statistics, General
  • 52.0215Risk Management
  • 52.1304Actuarial Science

Common questions

Answers for people weighing actuaries programs in Illinois.

What degree do you need to become an Actuary?+

Bachelor's degree is the typical entry-level education BLS reports for this occupation. The most common program people actually graduate from is Statistics, General, which awarded 548 degrees in Illinois in 2024-25, 60.0% of everyone graduating from a program that feeds this career.

Which college majors lead to becoming an Actuary?+

The NCES CIP-to-SOC crosswalk maps 7 programs to this occupation. The largest are Statistics, Applied Mathematics, Management Sciences and Quantitative Methods, Applied Statistics. Together they graduate about 914 people a year in Illinois.

How much do actuaries earn in Illinois?+

The median is $115,430 a year (BLS OEWS May 2025). That is 11.2% below the U.S. median of $130,000. This is pay for people already working in the occupation, not the same thing as graduate earnings one year after finishing a degree.

Is demand for actuaries growing?+

BLS projects a +21.8% change in employment between 2024 and 2034, much faster than average, with roughly 2,400 openings a year nationally once retirements and job changes are counted.

How many schools offer programs for this career in Illinois?+

18 institutions in Illinois reported graduates from at least one of the 7 programs that feed this occupation in IPEDS 2024-25. Rankings on this page use graduates per year, because the federal data publishes no enrollment count by program.

What other job titles do actuaries work under?+

Employers advertise this work under many names. O*NET records Actuary, Pricing Actuary, Actuarial Analyst, Consulting Actuary among the most commonly reported, all mapping to SOC 15-2011.

About the data on this page

Rankings use IPEDS completions 2024–25, degrees awarded per year. That is the closest federal measure of how many people a program puts into a career, because no federal dataset publishes enrollment by program. Wages and employment come from BLS OEWS May 2025, growth and openings from BLS Employment Projections 2024-34, and which majors lead to which jobs from the NCES CIP 2020 to SOC 2018 crosswalk. Occupation descriptions, tasks, skills and tools are O*NET 30.3 (CC BY 4.0, U.S. Department of Labor/ETA).

  • BLS Occupational Employment & Wage Statistics

    May 2025

    Wages, employment counts, location quotients and metro breakdowns.

  • BLS Employment Projections

    2024–34

    Projected growth, annual openings and typical entry-level education.

  • IPEDS Completions

    2024-25 (provisional)

    Graduates per year by program and institution — the ranking metric.

  • College Scorecard, Field of Study

    2020-21 cohorts

    Median graduate earnings one year after completion, and median debt.

  • Census Post-Secondary Employment Outcomes

    latest available

    Graduate earnings 1/5/10 years out, where the state participates.

  • NCES CIP 2020 and the CIP-to-SOC 2018 crosswalk

    CIP 2020 / SOC 2018

    Which college programs officially lead to this occupation.

  • O*NET Database 30.3

    30.3

    Tasks, skills, knowledge, tools, job zone and alternate job titles.

    Official source →CC BY 4.0, U.S. Department of Labor / ETA

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