As of April 01, 2025, the average annual salary for an Insurance Actuary V in New Jersey is $150,543. Salary.com reports that pay typically ranges from $141,543 to $167,583, with most professionals earning between $133,349 and $183,097.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $167,583 | $13,965 | $3,223 | $81 |
| Average | $150,543 | $12,545 | $2,895 | $72 |
| 25th Percentile | $141,543 | $11,795 | $2,722 | $68 |
An entry-level Insurance Actuary V with under 1 year experience makes about $146,942. With less than 2 years of experience, a mid-level Insurance Actuary V makes around $147,614. After 2-4 years, the Insurance Actuary V pay rises to about $147,882. Those senior Insurance Actuary V with 5-8 years of experience earn roughly $149,225, and those Insurance Actuary V having 8 years or more experience are expected to earn about $156,163 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Actuary V | $146,942 |
| Intermediate Level Insurance Actuary V | $147,614 |
| Senior Level Insurance Actuary V | $147,882 |
| Specialist Level Insurance Actuary V | $149,225 |
| Expert Level Insurance Actuary V | $156,163 |
| Entry Level | 6% |
| Mid Level | 6% |
| Senior Level | 6% |
| Top Level | 7% |
| Experienced | 12% |
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Insurance Actuary V salary varies from city to city. Compared with national average salary of Insurance Actuary V, the highest Insurance Actuary V salary is in San Francisco, CA, where the Insurance Actuary V salary is 24.9% above. The lowest Insurance Actuary V salary is in Miami, FL, where the Insurance Actuary V salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $173,453 |
24.9%
|
| Washington, DC | $153,773 |
10.7%
|
| Miami, FL | $133,443 |
|
| Chicago, IL | $143,523 |
3.3%
|
| Boston, MA | $154,903 |
11.5%
|
| New York, NY | $160,953 |
15.9%
|
