$121,784
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
25%
$103k
MEDIAN
$122k
75%
$137k
The average salary for an Actuary is $121,784 in 2025
Base Salary
$103k - $137k
Bonus
$13k - $25k
Profit Sharing
$0 - $20
Total Pay
$115k - $162k
Is Average Mid-Career Actuary Salary in Newark, New Jersey your job title? Find out what you should be paid
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What Do Actuaries Do?
Actuary Tasks
- Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.
- May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.
Find your market worth – how it works:
Common Health Benefits for a Actuary
Medical
67%
Dental
67%
Vision
67%
None
33%
Gender Breakdown for Actuaries
Male
75.0%
Female
25.0%
This data is based on 4 survey responses. Learn more about the gender pay gap.
FAQs About Actuaries
What is the highest pay for Actuaries in Newark?
Our data indicates that the highest pay for an Actuary in Newark is $NaN / year
What is the lowest pay for Actuaries in Newark?
Our data indicates that the lowest pay for an Actuary in Newark is $NaN / year
How can Actuaries increase their salary?
Increasing your pay as an Actuary is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Actuary that oversees more junior Actuaries, this experience can increase the likelihood to earn more.