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Actuarial Specialist (Contract) Salary in New Jersey

How much does an Actuarial Specialist (Contract) make in New Jersey? As of September 01, 2026, the average salary for an Actuarial Specialist (Contract) in New Jersey is $68,686 per year, which breaks down to an hourly rate of $33.

However, an Actuarial Specialist (Contract)'s salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $78,798
  • Majority Range (25th-75th percentile): $62,651 to $73,979
  • Entry-Level (10th percentile): $57,157
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Actuarial Specialist (Contract) Job Openings in New Jersey

Key Factors That Influence Actuarial Specialist (Contract) Salaries

An Actuarial Specialist (Contract)'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 Specialist (Contract) Salaries?

Experience is a primary driver of an Actuarial Specialist (Contract)'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): $67,583
  • Early Career (1-2 years): $86,459
  • Mid-Level (2-4 years): $99,921
  • Senior-Level (5-8 years): $132,981
  • Expert (over 8 years): $162,852
Job RoleYears of ExperienceAverage Salary
Actuarial Specialist (Contract) less than 1 year $67,583
Inclusion and Diversity Specialist II 1-2 years $86,459
Inclusion and Diversity Specialist III 2-4 years $99,921
Inclusion and Diversity Specialist IV 5-8 years $132,981
Inclusion and Diversity Specialist V over 8 years $162,852

How Do Actuarial Specialist (Contract) 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 Specialist (Contract)s. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $70,162.
  • California: $69,896.
  • Massachusetts: $68,964.

Top Paying Cities for Actuarial Specialist (Contract)

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: $71,964
  • Teterboro: $71,992
  • Alpine: $71,964

Actuarial Specialist (Contract) Salary by Industry: Top Paying Sectors

For Actuarial Specialist (Contract) roles, the industry you choose can affect earning potential by as much as 47% (the gap between the highest and lowest paying industries). Data shows that the Internet and Financial Services sectors offer the strongest compensation, at 25% above the average. In contrast, Actuarial Specialist (Contract) positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Actuarial Specialist (Contract) as a support function rather than a direct revenue driver.

The top paying industries for an Actuarial Specialist (Contract)

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Internet $85,857 $41.0 25%
Financial Services $82,423 $40.0 20%
Biotechnology $78,988 $38.0 15%
Software & Networking $78,988 $38.0 15%
Energy & Utilities $76,928 $37.0 12%

Actuarial Specialist (Contract) Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Actuarial Specialist (Contract)'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
$62,651
Average $68,686/year
$73,979
$5,221
Average $5,724/month
$6,165
$1,205
Average $1,321/week
$1,423
$30
Average $33/hour
$36
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $73,979 $6,165 $1,423 $36
Average $68,686 $5,724 $1,321 $33
25th Percentile $62,651 $5,221 $1,205 $30

Find Your Next Actuarial Specialist (Contract) Job

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

  • Utah Transit Authority | SALT LAKE CITY, UT

    Contract Specialist

    Utah Transit Authority | SALT LAKE CITY, UT

    Utah Transit Authority. Description. As the Contract Specialist for the Utah Transit Authority, you will have the opportunity to play a key role in how one... more

    12 Days Ago

  • Catholic Health Services | HIALEAH, FL

    Contract Specialist

    Catholic Health Services | HIALEAH, FL

    Summary & Objective. The Contract Specialist works with current contract specialist to maintain all documents relative to contracted staff and insures ongo... more

    12 Days Ago

  • Society Insurance Company | FOND DU LAC, WI

    Actuarial Associate II

    Society Insurance Company | FOND DU LAC, WI

    Job Information. Job Title. Actuarial Associate II. Home Department. Actuarial. Employment Status. Exempt. Full-time. Position Location. Home Office or Tel... more

    7 Days Ago

  • B. BRAUN MEDICAL (US) INC | ALLENTOWN, PA

    Contract Analyst

    B. BRAUN MEDICAL (US) INC | ALLENTOWN, PA

    B. Braun Medical, Inc. Company: B. BRAUN MEDICAL (US) INC. Job Posting Location: Allentown (861 Marcon), Pennsylvania, United States. Functional Area: Fina... more

    21 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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