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Actuarial Modeler Salary in New Jersey

How much does an Actuarial Modeler make in New Jersey? As of September 01, 2026, the average salary for an Actuarial Modeler in New Jersey is $133,488 per year, which breaks down to an hourly rate of $64.

However, an Actuarial Modeler's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $151,629
  • Majority Range (25th-75th percentile): $125,177 to $142,984
  • Entry-Level (10th percentile): $117,611
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Actuarial Modeler Job Openings in New Jersey

Key Factors That Influence Actuarial Modeler Salaries

An Actuarial Modeler's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Actuarial Modeler Salaries?

Experience is a primary driver of an Actuarial Modeler's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $90,582
  • Early Career (1-2 years): $114,700
  • Mid-Level (2-4 years): $134,422
  • Senior-Level (5-8 years): $131,510
  • Expert (over 8 years): $147,017
Job RoleYears of ExperienceAverage Salary
Network Control Technician II less than 1 year $90,582
Network Control Technician III 1-2 years $114,700
Network Control Technician IV 2-4 years $134,422
Actuarial Modeler 5-8 years $131,510
Network Control Center Manager over 8 years $147,017

How Do Actuarial Modeler Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Actuarial Modelers. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $136,357.
  • California: $135,840.
  • Massachusetts: $134,030.

Top Paying Cities for Actuarial Modeler

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Maywood: $139,860
  • Teterboro: $139,914
  • Alpine: $139,859

Actuarial Modeler Salary by Industry: Top Paying Sectors

For Actuarial Modeler roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Aerospace & Defense sectors offer the strongest compensation, at 50% above the average. In contrast, Actuarial Modeler positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Actuarial Modeler as a support function rather than a direct revenue driver.

The top paying industry for an Actuarial Modeler

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Software & Networking $200,232 $96.0 50%

Actuarial Modeler Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Actuarial Modeler's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$125,177
Average $133,488/year
$142,984
$10,431
Average $11,124/month
$11,915
$2,407
Average $2,567/week
$2,750
$60
Average $64/hour
$69
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $142,984 $11,915 $2,750 $69
Average $133,488 $11,124 $2,567 $64
25th Percentile $125,177 $10,431 $2,407 $60

Find Your Next Actuarial Modeler Job

Ready to take the next step in your career? Browse thousands of current Actuarial Modeler job openings on our job board. Use the search bar below to find your perfect match.

  • FM | FOREST HILLS, TN

    Sr Actuarial Analyst

    FM | FOREST HILLS, TN

    FM is seeking a Sr. Actuarial Analyst to deliver high-impact insights that drive pricing, reserving, and risk decisions. In this role, you will build and e... more

    9 Days Ago

  • Encompass Health | GEORGETOWN, DE

    REGISTERED NURSE

    Encompass Health | GEORGETOWN, DE

    Encompass Health is seeking a Registered Nurse to join our Healthcare & Medical Services team in an inpatient rehabilitation setting. In this role, you wil... more

    9 Days Ago

  • Encompass Health | SEAFORD, DE

    REGISTERED NURSE

    Encompass Health | SEAFORD, DE

    Encompass Health is seeking a Registered Nurse to join our Healthcare & Medical Services team in an inpatient rehabilitation setting. In this role, you wil... more

    9 Days Ago

  • Encompass Health | MILLVILLE, DE

    REGISTERED NURSE

    Encompass Health | MILLVILLE, DE

    Encompass Health is seeking a Registered Nurse to join our Healthcare & Medical Services team in an inpatient rehabilitation setting. In this role, you wil... more

    9 Days Ago

  • Encompass Health | JOHNSTON, RI

    Physical Therapist

    Encompass Health | JOHNSTON, RI

    Encompass Health is seeking a dedicated Physical Therapist to join our Healthcare & Medical Services team. In this role, you will deliver high-quality, pat... more

    9 Days Ago

  • Oak Street Health | CONIMICUT, RI

    Nurse Practitioner

    Oak Street Health | CONIMICUT, RI

    Oak Street Health is seeking a Nurse Practitioner to provide high-quality, patient-centered primary care to adults on Medicare in underserved communities. ... more

    9 Days Ago

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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