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Actuarial Modeling Analyst Salary in New Jersey

How much does an Actuarial Modeling Analyst make in New Jersey? As of September 01, 2026, the average salary for an Actuarial Modeling Analyst in New Jersey is $89,043 per year, which breaks down to an hourly rate of $43.

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

  • Top Earners (90th percentile): $104,393
  • Majority Range (25th-75th percentile): $82,439 to $97,078
  • Entry-Level (10th percentile): $76,427
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Actuarial Modeling Analyst Job Openings in New Jersey

Key Factors That Influence Actuarial Modeling Analyst Salaries

An Actuarial Modeling Analyst'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 Modeling Analyst Salaries?

Experience is a primary driver of an Actuarial Modeling Analyst'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): $85,156
  • Early Career (1-2 years): $85,357
  • Mid-Level (2-4 years): $87,928
  • Senior-Level (5-8 years): $91,052
  • Expert (over 8 years): $91,275
Job RoleYears of ExperienceAverage Salary
Entry Level Actuarial Modeling Analyst less than 1 year $85,156
Early Career Level Actuarial Modeling Analyst 1-2 years $85,357
Mid-Level Level Actuarial Modeling Analyst 2-4 years $87,928
Senior-Level Level Actuarial Modeling Analyst 5-8 years $91,052
Expert Level Actuarial Modeling Analyst over 8 years $91,275

How Do Actuarial Modeling Analyst 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 Modeling Analysts. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $90,958.
  • California: $90,613.
  • Massachusetts: $89,405.

Top Paying Cities for Actuarial Modeling Analyst

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: $93,294
  • Teterboro: $93,330
  • Alpine: $93,293

Actuarial Modeling Analyst Salary by Industry: Top Paying Sectors

For Actuarial Modeling Analyst roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Biotechnology sectors offer the strongest compensation, at 40% above the average. In contrast, Actuarial Modeling Analyst positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Actuarial Modeling Analyst as a support function rather than a direct revenue driver.

The top paying industries for an Actuarial Modeling Analyst

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services $124,661 $60.0 40%
Biotechnology $120,209 $58.0 35%
Energy & Utilities $115,757 $56.0 30%
Insurance $111,304 $54.0 25%
Internet $108,633 $52.0 22%

Actuarial Modeling Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Actuarial Modeling Analyst'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
$82,439
Average $89,043/year
$97,078
$6,870
Average $7,420/month
$8,090
$1,585
Average $1,712/week
$1,867
$40
Average $43/hour
$47
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $97,078 $8,090 $1,867 $47
Average $89,043 $7,420 $1,712 $43
25th Percentile $82,439 $6,870 $1,585 $40

Find Your Next Actuarial Modeling Analyst Job

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

  • FM | FOREST HILLS, TN

    Senior 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

    4 Days Ago

  • ProAmpac | BUFFALO, NY

    Analyst

    ProAmpac | BUFFALO, NY

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    2 Days Ago

  • Poly6 | BURLINGTON, MA

    IT Analyst

    Poly6 | BURLINGTON, MA

    Poly6 is seeking an IT Analyst to support and optimize systems critical to advanced materials manufacturing. In this role, you will administer and troubles... more

    1 Day Ago

  • Plains | CRESTWOOD, TX

    Business Analyst

    Plains | CRESTWOOD, TX

    Plains is seeking a Business Analyst to support data-driven decisions across our midstream energy operations. In this role, you will analyze operational, f... more

    1 Day Ago

  • Ryder System | BROOKLYN, OH

    Transportation Analyst

    Ryder System | BROOKLYN, OH

    Ryder System seeks a Transportation Analyst to optimize fleet and freight operations across North America. In this role, you will analyze shipment data, de... more

    2 Days Ago

  • Jacent Strategic Merchandising | CINNAMINSON, NJ

    Replenishment Analyst

    Jacent Strategic Merchandising | CINNAMINSON, NJ

    Jacent Strategic Merchandising is seeking a Replenishment Analyst to optimize inventory levels and product availability across major retail partners in Nor... more

    4 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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