Business & Finance Jersey City, NJ Pop. 292,449

Actuary Salary in Jersey City, New Jersey

The median actuary salary in Jersey City, NJ is $155,026 per year, which is 36.0% above the national median and 10.6% above the New Jersey state average.

City Median
$155,026
vs State Avg
+$14,818
vs National
+$41,036
Cost of Living
128%

Actuary Salary in Jersey City by Experience

In Jersey City, an entry-level actuary earns around $95,200, while experienced professionals earn up to $238,000 per year. The local cost of living index is 128% of the national average.

Entry Level (0-2 yrs)
$95,200
+$25,200 vs national
Mid Level (3-7 yrs)
$156,400
+$41,400 vs national
Senior Level (8+ yrs)
$238,000
+$63,000 vs national

Salary Percentiles in Jersey City, NJ

Percentile Jersey City
10th Percentile $93,024
25th Percentile $118,592
Median (50th) $155,026
75th Percentile $205,360
90th Percentile $266,574

Actuary Salary in Other New Jersey Cities

Edison, NJ
$140,208
Pop. 107,588
Newark, NJ
$136,788
Pop. 311,549
Elizabeth, NJ
$132,228
Pop. 137,298
Paterson, NJ
$128,809
Pop. 159,732

How to Become a Actuary in Jersey City

Education

Most actuary positions require a bachelor's degree. Jersey City and the surrounding New Jersey area have institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Demand in Jersey City may vary based on local industry and population growth.

Find Actuary Jobs in Jersey City

Browse open actuary positions in Jersey City, NJ:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Actuary Salary in Jersey City

How much does a Actuary make in Jersey City, NJ? ▼
The median actuary salary in Jersey City, New Jersey is $155,026 per year, which is 36.0% above the national median of $113,990. Salaries range from $93,024 (10th percentile) to $266,574 (90th percentile).
How much does a Actuary make per hour in Jersey City? ▼
Based on the median annual salary of $155,026, a actuary in Jersey City earns approximately $75 per hour assuming a standard 2,080-hour work year.
How does Jersey City compare to the New Jersey state average for actuary pay? ▼
Jersey City's median actuary salary of $155,026 is 10.6% above the New Jersey state average of $140,208. The local cost of living index is 128% of the national average.
What is the cost of living in Jersey City, NJ? ▼
Jersey City has a cost of living index of 128% compared to the national average. This means a actuary salary of $155,026 in Jersey City has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Jersey City? ▼
Most actuary positions in Jersey City require a bachelor's degree. Key skills include Statistical Modeling, Risk Assessment, Financial Mathematics, Excel/VBA. The job market is projected to grow 21% nationally over the next decade.