Actuary Hourly Pay in Bloomington, IL: $60.75 (2026)
Quick Answer:Hourly pay for a actuary working in Bloomington, IL runs $60.75 at the median for 2026 — annualizing to $126,371 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Bloomington's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $62.57 nationally would. A 24-hour part-time schedule grosses $75,821 per year.
Based on BLS state-level estimates · View source
In Bloomington, Illinois, the projected actuary hourly pay in 2026 is set at $60.75, which positions it below the national median hourly rate of $64.50. This figure reflects a slightly lower economic standing in the region, which can influence the earnings of actuaries working in various sectors such as insurance, consulting, and pension planning. For those opting for part-time work, such as a 24-hour week spread over three days, earnings can still be substantial, offering flexibility while maintaining a respectable income. Entry-level actuaries may start at around $37.36 per hour, while experienced professionals can command up to $94.17 per hour, highlighting a significant wage potential based on skill, experience, and sector.
About the Bloomington Market
Salary estimated from Illinois average ($130,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $37.36 | $298.87 |
| Lower Range (P25) | $45.72 | $365.74 |
| Median (P50) | $60.75 | $486.03 |
| Upper Range (P75) | $77.77 | $622.17 |
| Top Earners (P90) | $94.17 | $753.36 |
Estimated Annual Income by Work Schedule in Bloomington
Based on $60.75/hr median hourly rate · 2026 est.
At $60.75/hr, a actuary working full-time (40 hr/wk) in Bloomington, IL can expect to earn approximately $126,368 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $72,905. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in Bloomington.
Hourly Rate Calculator
Schedule Comparison in Bloomington
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,430.15 | $10,531 | $126,368 |
| Part-Time (24 hrs) | $1,458.09 | $6,318 | $75,821 |
| Per Diem (16 hrs) | $972.06 | $4,212 | $50,547 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Bloomington) | $60.75 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Bloomington, IL earn a median of $126,371 per year (2026 est.), which is 5.81% lower than the national median of $134,160 and 3.00% below the Illinois state average of $130,280.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $60.75/hr = $75,821/year (purchasing power: $78,085).
Working 40h/week (full-time) = $126,368/year (purchasing power: $130,142).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$53.00/hr
2025 BLS Actual
$58.87/hr
2026 Current Est.
$60.75/hr
2019–2027 Growth
+18.3%
Hourly Rate Trajectory for Actuaries in Bloomington (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $53.00/hr | Actual |
| 2020 | $50.28/hr | Actual |
| 2021 | $47.96/hr | Actual |
| 2022 | $57.78/hr | Actual |
| 2023 | $57.42/hr | Actual |
| 2024 | $58.87/hr | Actual |
| 2025 | $58.87/hr | Actual |
| 2026(current) | $60.75/hr | Estimated |
| 2027 | $62.70/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Bloomington grew 11.1% from $53.00/hr (2019) to $58.87/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $62.70/hr by 2027. Part-time and per-diem actuaries can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Bloomington 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.
Working as an Hourly Actuary in Bloomington
The per diem actuary pay in Bloomington can vary greatly, especially for Billable engagements in consulting or expert witness roles. Although initial opportunities don't frequently offer per-diem positions for junior-level actuaries, more seasoned professionals, like FSAs or FCAS, may find consulting jobs charging $250-$500 per hour, while expert witness assignments can yield between $400-$800 per hour. The type of employer also plays a critical role in shaping hourly compensation. Actuaries at life insurance giants or managed care firms may see different pay scales compared to those at major property and casualty insurers or consulting firms. While higher hourly rates might seem attractive, many actuaries accept slightly lower pay in exchange for robust health benefits and job security when working full-time. To enhance earning potential, professionals in Bloomington should focus on strengthening their skill set with certifications, consider negotiation tactics tailored for hourly contracts, and strategically evaluate the balance between hourly wages and the benefits offered by employers.
More salary data for Bloomington, IL:
Frequently Asked Questions
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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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for actuaries in Bloomington. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Bloomington 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