Actuary Hourly Pay in Marlboro, NJ: $70.93 (2026)
Quick Answer:Hourly pay for a actuary working in Marlboro, NJ runs $70.93 at the median for 2026 — annualizing to $147,535 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Marlboro's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $61.57 nationally would. A 24-hour part-time schedule grosses $88,520 per year.
Based on BLS state-level estimates · View source
In Marlboro, New Jersey, actuaries can expect a median hourly rate of $70.93, which notably surpasses the national hourly median of $64.50. This competitive pay reflects Marlboro's thriving insurance sector and active consulting environment, making it an attractive choice for both full-time professionals and part-time workers. For those seeking part-time opportunities, working three days a week can yield substantial earnings, translating hourly pay into meaningful bi-weekly paychecks. The hourly earnings range indicates entry-level actuaries start at approximately $45.45, while experienced professionals at the top of the pay scale can earn up to $109.94. Given that these figures are derived from projected annual salary data, hourly rates provide a flexible framework for part-time workers engaged in tasks across actuarial pricing departments, client interactions in consulting, and diverse remote modeling projects.
About the Marlboro Market
Salary estimated from New Jersey average ($142,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $45.45 | $363.59 |
| Lower Range (P25) | $54.56 | $436.49 |
| Median (P50) | $70.93 | $567.43 |
| Upper Range (P75) | $90.80 | $726.36 |
| Top Earners (P90) | $109.94 | $879.51 |
Estimated Annual Income by Work Schedule in Marlboro
Based on $70.93/hr median hourly rate · 2026 est.
At $70.93/hr, a actuary working full-time (40 hr/wk) in Marlboro, NJ can expect to earn approximately $147,533 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $85,115. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in Marlboro.
Hourly Rate Calculator
Schedule Comparison in Marlboro
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,837.17 | $12,294 | $147,533 |
| Part-Time (24 hrs) | $1,702.30 | $7,377 | $88,520 |
| Per Diem (16 hrs) | $1,134.87 | $4,918 | $59,013 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Marlboro) | $70.93 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Marlboro, NJ earn a median of $147,535 per year (2026 est.), which is 9.97% higher than the national median of $134,160 and 4.50% below the New Jersey state average of $154,487.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $70.93/hr = $88,520/year (purchasing power: $76,840).
Working 40h/week (full-time) = $147,533/year (purchasing power: $128,067).
CoL index: 115.2 (100 = national average).
2019 BLS Actual
$57.28/hr
2025 BLS Actual
$68.73/hr
2026 Current Est.
$70.93/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Marlboro (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $57.28/hr | Actual |
| 2020 | $58.70/hr | Actual |
| 2021 | $55.99/hr | Actual |
| 2022 | $60.27/hr | Actual |
| 2023 | $63.44/hr | Actual |
| 2024 | $75.08/hr | Actual |
| 2025 | $68.73/hr | Actual |
| 2026(current) | $70.93/hr | Estimated |
| 2027 | $73.20/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Marlboro grew 20.0% from $57.28/hr (2019) to $68.73/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $73.20/hr by 2027. Part-time and per-diem actuaries can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Marlboro 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.
Working as an Hourly Actuary in Marlboro
Actuaries opting for part-time or per-diem roles in Marlboro can navigate varying earning potentials that contrast significantly with full-time positions. For example, a part-time actuary working 24 hours weekly would earn approximately $87,550 annually, which remains lucrative compared to similar roles elsewhere. While per-diem work is less common for junior actuaries, advanced professionals or those with FCAS/ FSA credentials can command rates anywhere from $250 to $500 an hour for consulting engagements, with specialist roles like expert witness testimony yielding up to $800 per hour. In Marlboro, the type of employer significantly influences hourly rates; life insurance companies and health insurers typically offer lower rates than consulting firms, yet sweeten the deal with benefits. Actuaries aiming for higher pay should consider negotiating terms, as some insurers and consulting firms prioritize benefits over higher hourly pay rates, especially for those choosing to work in health insurance roles.
More salary data for Marlboro, 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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for actuaries in Marlboro. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Marlboro 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