Entry-Level Actuary Salary in Moorestown, NJ: $94,719 (2026)
Quick Answer:New actuaries entering the Moorestown, NJ job market in 2026 can expect a starting salary around $94,719 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Moorestown's local price level (BEA RPP 115.2 — 15% above national), a first-year paycheck buys what $82,221 would in average-cost America. Most reach the city median ($148,307) within a few years of clinical practice.
Based on BLS state-level estimates · View source
In 2026, aspiring actuaries entering the job market in Moorestown, New Jersey, can expect an entry-level actuary salary around $94,719. This figure, while lower than the city’s median annual salary of $148,307, provides a practical starting point for new graduates embarking on their actuarial careers. Over the initial three to five years, individuals can anticipate steadily increasing compensation as they progress from the 10th percentile salary to the 25th percentile of $113,447. With a projected growth rate of 3.20% annually, Moorestown remains a viable market for recent graduates seeking to establish themselves in the actuarial profession.
About the Moorestown Market
Salary estimated from New Jersey average ($142,000) adjusted for local cost of living.
Career Earnings Timeline in Moorestown
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Moorestown
Entry-level actuarys in Moorestown, NJ typically start between $94,719 and $113,447 per year (2026 est.). The full salary range spans $131,186 from the 10th to 90th percentile, with the local median at $148,307 — 10.54% above the national median.
Return on Investment
The average actuarial science program cost in New Jersey of $70,000 represents just 73.90% of the starting actuary pay ($94,719/year) in Moorestown. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Program cost estimates cover bachelor's degree tuition at public and private universities, plus estimated actuarial exam fees and study materials. Employers often cover exam costs once employed.
ASA, FSA Salary Negotiation Tips for New Graduates in Moorestown
- 1Research the Moorestown market: entry-level actuary pay ranges from $94,719 to $113,447, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the actuarial science field — employers in NJ often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Moorestown, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in Moorestown for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Factor in Moorestown's above-average cost of living (index: 115.2) when evaluating offers — a slightly lower salary in a nearby affordable area may provide better purchasing power.
Actuary Compensation Range
The actuary wage spread in Moorestown is $131,186 ( 138.50%) between entry-level and top earners. Starting at $94,719, experienced hygienists can earn up to $225,905.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$75,767
2025 BLS Actual
$91,782
2026 Current Est.
$94,719
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Moorestown (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $75,767 | Actual |
| 2020 | $77,133 | Actual |
| 2021 | $73,898 | Actual |
| 2022 | $83,827 | Actual |
| 2023 | $88,056 | Actual |
| 2024 | $99,228 | Actual |
| 2025 | $91,782 | Actual |
| 2026(current) | $94,719 | Estimated |
| 2027 | $97,750 | Projected |
Entry-level actuary compensation (10th percentile) in Moorestown, NJ grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $75,767 in 2019 to $91,782 in 2025. By 2027, starting salaries are projected to reach $97,750. New graduates entering the Moorestown job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Moorestown metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.20% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Starting Your actuarial science Career in Moorestown
Several employers in Moorestown are actively hiring new graduates in the actuarial field, including prominent life insurers like Prudential, MetLife, and Northwestern Mutual. These organizations often have structured programs that support new grads in passing actuarial exams while balancing work responsibilities. Health insurance companies also seek entry-level actuaries to enhance their risk management teams, while consulting firms like Milliman, Mercer, Aon, and WTW typically offer higher salaries for those with ASA credentials. New graduates must consider pursuing their actuarial designations, as each successful exam passed can significantly increase their starting pay. Remaining competitive in the market necessitates a strong foundation in mathematics and statistics, paired with relevant skills in predictive analytics and data science. Realistically, as a new actuary in Moorestown, candidates can aim for salary growth of $3,000 to $8,000 for each exam passed in their first few years, setting the stage for a successful long-term career.
More salary data for Moorestown, NJ:
Frequently Asked Questions
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Written by Maria Chen, FSA, MAAA
Career Analyst
Maria has 10 years of experience in life insurance. She specializes in risk assessment and pricing strategies.
Methodology & Data Source
Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new actuarial science graduates. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Moorestown. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Moorestown is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.20%, derived from historical BLS wage trends for actuarys (SOC 15-2011).
Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov