Actuary I Salary in New Jersey

How much does an Actuary I make in New Jersey? The average Actuary I salary in New Jersey is $77,370 as of October 30, 2019, but the range typically falls between $68,410 and $85,427. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Salary range for an Actuary I
$68,410 to $85,427
For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Get the latest market price for benchmark jobs and jobs in your industry.

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Search thousands of open positions to find your next opportunity.

Job Description

Actuary I conducts analysis, pricing and risk assessment to estimate financial outcomes. Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Being an Actuary I develops probability tables regarding fire, natural disasters, death, unemployment, etc. based on analysis of statistical data and other pertinent information. Typically requires a bachelor's degree. Additionally, Actuary I typically reports to a supervisor or manager. The Actuary I works on projects/matters of limited complexity in a support role. Work is closely managed. To be an Actuary I typically requires 0-2 years of related experience. (Copyright 2019 Salary.com)

See user submitted job responsibilities for Actuary I.

Select a city to view specific salary and bonus information for Actuary I

Loading results...
Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $79,917 Date Updated October 30, 2019
Location Bergenfield, NJ Avg. Salary $80,617 Date Updated October 30, 2019
Location Bloomfield, NJ Avg. Salary $80,687 Date Updated October 30, 2019
Location East Brunswick, NJ Avg. Salary $81,079 Date Updated October 30, 2019
Location Hoboken, NJ Avg. Salary $84,676 Date Updated October 30, 2019
Location Irvington, NJ Avg. Salary $79,917 Date Updated October 30, 2019
Location Lakewood, NJ Avg. Salary $79,705 Date Updated October 30, 2019
Location Middlesex, NJ Avg. Salary $78,518 Date Updated October 30, 2019
Location Passaic, NJ Avg. Salary $80,687 Date Updated October 30, 2019
Location Union, NJ Avg. Salary $79,917 Date Updated October 30, 2019
Job Openings for Actuary I in New Jersey

Career Path for Actuary I

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst