As of April 01, 2025, the average annual salary for an Actuary III in Union, NJ is $119,125. According to Salary.com, salaries can range from a low of $99,287 to a high of $138,061, with most professionals earning between $108,741 and $129,037.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $113,950 | $9,496 | $2,191 | $55 |
| Average | $105,197 | $8,766 | $2,023 | $51 |
| 25th Percentile | $96,027 | $8,002 | $1,847 | $46 |
An entry-level Actuary III with under 1 year experience makes about $114,475. With less than 2 years of experience, a mid-level Actuary III makes around $115,250. After 2-4 years, the Actuary III pay rises to about $116,800. Those senior Actuary III with 5-8 years of experience earn roughly $122,084, and those Actuary III having 8 years or more experience are expected to earn about $124,747 on average.
| Levels | Salary |
|---|---|
| Entry Level Actuary III | $114,475 |
| Intermediate Level Actuary III | $115,250 |
| Senior Level Actuary III | $116,800 |
| Specialist Level Actuary III | $122,084 |
| Expert Level Actuary III | $124,747 |
| Entry Level | 9% |
| Mid Level | 10% |
| Senior Level | 11% |
| Top Level | 16% |
| Experienced | 19% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
Programming: Executing logic to facilitate computing operations and functionality in one or more languages.
| Skill | Salary | Demand |
|---|---|---|
|
ISO
|
$129,846 |
9%
|
|
Coaching
|
$128,655 |
8%
|
|
Teamwork
|
$125,081 |
5%
|
|
Project Management
|
$123,890 |
4%
|
|
Listening
|
$122,699 |
3%
|
|
Leadership
|
$122,699 |
3%
|
