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 $77,797 as of January 20, 2020, but the range typically falls between $68,787 and $85,898. 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.

25% $68,787 10% $60,583 90% $93,274 75% $85,898 $77,797 50%(Median)
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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 2020 Salary.com)

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $80,358 Date Updated January 20, 2020
Location Bergenfield, NJ Avg. Salary $81,062 Date Updated January 20, 2020
Location Bloomfield, NJ Avg. Salary $81,132 Date Updated January 20, 2020
Location East Brunswick, NJ Avg. Salary $81,526 Date Updated January 20, 2020
Location Hoboken, NJ Avg. Salary $85,143 Date Updated January 20, 2020
Location Irvington, NJ Avg. Salary $80,358 Date Updated January 20, 2020
Location Lakewood, NJ Avg. Salary $80,145 Date Updated January 20, 2020
Location Middlesex, NJ Avg. Salary $78,951 Date Updated January 20, 2020
Location Passaic, NJ Avg. Salary $81,132 Date Updated January 20, 2020
Location Union, NJ Avg. Salary $80,358 Date Updated January 20, 2020
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