As of March 01, 2025, the average annual salary for an Insurance Actuary II in New Jersey is $98,280. According to Salary.com, salaries can range from a low of $79,558 to a high of $113,946, with most professionals earning between $88,480 and $106,480.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $97,151 | $8,096 | $1,868 | $47 |
| Average | $89,620 | $7,468 | $1,723 | $43 |
| 25th Percentile | $80,730 | $6,728 | $1,553 | $39 |
An entry-level Insurance Actuary II with under 1 year experience makes about $95,086. With less than 2 years of experience, a mid-level Insurance Actuary II makes around $95,378. After 2-4 years, the Insurance Actuary II pay rises to about $98,903. Those senior Insurance Actuary II with 5-8 years of experience earn roughly $102,338, and those Insurance Actuary II having 8 years or more experience are expected to earn about $102,583 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Actuary II | $95,086 |
| Intermediate Level Insurance Actuary II | $95,378 |
| Senior Level Insurance Actuary II | $98,903 |
| Specialist Level Insurance Actuary II | $102,338 |
| Expert Level Insurance Actuary II | $102,583 |
| Entry Level | 6% |
| Mid Level | 6% |
| Senior Level | 10% |
| Top Level | 14% |
| Experienced | 14% |
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Insurance Actuary II salary varies from city to city. Compared with national average salary of Insurance Actuary II, the highest Insurance Actuary II salary is in San Francisco, CA, where the Insurance Actuary II salary is 25.0% above. The lowest Insurance Actuary II salary is in Miami, FL, where the Insurance Actuary II salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $112,080 |
25.0%
|
| Washington, DC | $99,780 |
11.3%
|
| Miami, FL | $86,480 |
|
| Chicago, IL | $94,080 |
4.9%
|
| Boston, MA | $100,480 |
12.1%
|
| New York, NY | $104,680 |
16.8%
|
