Actuary Hourly Pay in New Brunswick, NJ: $74.59 (2026)
Quick Answer:Hourly pay for a actuary working in New Brunswick, NJ runs $74.59 at the median for 2026 — annualizing to $155,143 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against New Brunswick's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $64.75 nationally would. A 24-hour part-time schedule grosses $93,092 per year.
Based on BLS state-level estimates · View source
In New Brunswick, NJ, actuaries can expect a median hourly pay of $74.59, significantly higher than the national median of $64.50. This attractive hourly rate allows for a comfortable living, especially for those working part-time—say three days a week—who can still earn a respectable income while balancing other commitments. The hourly salary range extends from $44.04 for entry-level positions to $115.61 for the most experienced actuaries in the industry, demonstrating the potential for substantial earnings based on experience and qualifications. Typical roles for actuaries in this city include those in insurance company actuarial pricing departments, consulting firms, and remote work settings, offering flexibility for professionals seeking diverse work arrangements. As these estimates are derived from annual salary data, they present a snapshot of the earning potential this profession holds in New Brunswick's economic landscape.
About the New Brunswick 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) | $44.04 | $352.28 |
| Lower Range (P25) | $54.71 | $437.65 |
| Median (P50) | $74.59 | $596.74 |
| Upper Range (P75) | $95.47 | $763.76 |
| Top Earners (P90) | $115.61 | $924.92 |
Estimated Annual Income by Work Schedule in New Brunswick
Based on $74.59/hr median hourly rate · 2026 est.
At $74.59/hr, a actuary working full-time (40 hr/wk) in New Brunswick, NJ can expect to earn approximately $155,153 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $89,512. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in New Brunswick.
Hourly Rate Calculator
Schedule Comparison in New Brunswick
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,983.72 | $12,929 | $155,153 |
| Part-Time (24 hrs) | $1,790.23 | $7,758 | $93,092 |
| Per Diem (16 hrs) | $1,193.49 | $5,172 | $62,061 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (New Brunswick) | $74.59 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in New Brunswick, NJ earn a median of $155,143 per year (2026 est.), which is 15.64% higher than the national median of $134,160 and 0.40% above the New Jersey state average of $154,525.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $74.59/hr = $93,092/year (purchasing power: $80,809).
Working 40h/week (full-time) = $155,153/year (purchasing power: $134,682).
CoL index: 115.2 (100 = national average).
2019 BLS Actual
$60.24/hr
2025 BLS Actual
$72.28/hr
2026 Current Est.
$74.59/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in New Brunswick (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $60.24/hr | Actual |
| 2020 | $61.73/hr | Actual |
| 2021 | $58.88/hr | Actual |
| 2022 | $63.38/hr | Actual |
| 2023 | $66.72/hr | Actual |
| 2024 | $78.95/hr | Actual |
| 2025 | $72.28/hr | Actual |
| 2026(current) | $74.59/hr | Estimated |
| 2027 | $76.98/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in New Brunswick grew 20.0% from $60.24/hr (2019) to $72.28/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $76.98/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 New Brunswick 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 New Brunswick
Looking closer at part-time potential, an actuary working 24 hours per week could take home about $93,743 annually compared to full-time earnings, translating to a significant difference that appeals to many professionals. Per diem and agency work is less common for juniors, while those armed with FSA or FCAS designations can secure consulting engagements billing between $250 and $500 per hour. The variance in hourly rates across different employers—such as life insurance companies like Prudential and property and casualty giants like State Farm—reveals a world where benefits must often be weighed against higher pay rates. While many actuaries may opt for steady employment with associated benefits, others might choose higher hourly wages in contractual or consulting roles without the safety net of health insurance. For those negotiating hourly pay in New Brunswick, understanding the specific demands and expectations of varied employers can lead to more lucrative outcomes, potentially impacting decisions on various projects aligned with their exam progression and career aspirations.
More salary data for New Brunswick, 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 New Brunswick. 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 New Brunswick 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