Senior Actuary Salary in Bloomfield, NJ: $233,887 (2026)
Quick Answer:The top tier of actuaries working in Bloomfield, NJ — those at or above the 90th percentile — pull in $233,887/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Bloomfield's price premium (BEA RPP 115.2, 15% above national) and that top-decile pay carries the same buying power as $203,027 in average-cost America. The 55% spread above city median typically rewards 7+ years of practice or specialty credentials.
Based on BLS state-level estimates · View source
In Bloomfield, NJ, experienced actuaries can anticipate an impressive salary trajectory, with the 2026 median annual compensation projected at $150,895. This marks a significant earnings disparity at the top end, with the potential to secure a top actuary salary of $233,887. Comparatively, this peak falls above the national average, presenting a compelling case for seasoned professionals looking to maximize their earning potential in this market. Achieving such elevated compensation levels requires a combination of extensive experience and advanced credentials, as well as a demonstrated proficiency in high-demand specializations within actuarial science.
About the Bloomfield Market
Salary estimated from New Jersey average ($142,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Bloomfield
Experienced actuarys at the top of the pay scale in Bloomfield earn between $193,145 and $233,887 per year (2026 est.). This $139,434 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Bloomfield median of $150,895 sits 12.47% above the US median.
Top ASA, FSA Salary Comparison
| Level | Bloomfield | National |
|---|---|---|
| Median (P50) | $150,895 | $134,160 |
| 75th Percentile | $193,145 | $176,111 |
| 90th Percentile (Top 10%) | $233,887 | $221,983 |
In Bloomfield, experienced actuaries (P90) earn 55.00% more than the local median — reflecting the significant value of specialization and tenure in this market.
What Drives Top Actuary Pay in Bloomfield
Advanced Certifications in New Jersey
NJ actuaries with additional specialty certifications within the actuarial science field earn significantly above the $150,895 median. Expanded-scope credentials are increasingly valued by Bloomfield employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Bloomfield command premium compensation, often reaching the $193,145–$233,887 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Bloomfield metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Bloomfield with established relationships have strong negotiating leverage. In this developing market, retention bonuses and annual raises are common for top performers.
Continuing Education & Leadership
Actuaries in New Jersey who pursue advanced degrees, mentor junior staff, or lead clinical education programs position themselves for the highest compensation tiers and management roles.
Actuary Career & Wage Growth Path in Bloomfield
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedBloomfield ranks #38 of 61 New Jersey cities for top earner actuary salary (90th percentile: $233,887).
Top 10% actuary compensation in Bloomfield ($233,887) is 1.18% above the New Jersey average P90 ($231,163).
2019 BLS Actual
$203,982
2025 BLS Actual
$226,635
2026 Current Est.
$233,887
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Bloomfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $203,982 | Actual |
| 2020 | $206,521 | Actual |
| 2021 | $217,911 | Actual |
| 2022 | $209,988 | Actual |
| 2023 | $220,535 | Actual |
| 2024 | $247,555 | Actual |
| 2025 | $226,635 | Actual |
| 2026(current) | $233,887 | Estimated |
| 2027 | $241,372 | Projected |
Top-earning actuaries (90th percentile) in Bloomfield saw their compensation grow 11.1% from $203,982 in 2019 to $226,635 in 2025, based on 7 years of BLS OEWS data for this metropolitan area. At a 3.20% annual growth rate, senior-level pay is projected to reach $241,372 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Bloomfield 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.
Maximizing Your Actuary Earnings in Bloomfield
Senior actuary pay in NJ varies considerably based on specialization and employer type. Actuaries focusing on life and annuity or predictive analytics are particularly well-compensated, often seeing higher salaries compared to those in more traditional roles. Employment at life insurance firms like Prudential or MetLife typically yields greater rewards compared to health insurance companies or consulting firms. This is due, in part, to the need for specialized skills such as capital modeling or enterprise risk management. Advancement within this field tends to follow a structured path, where obtaining Fellow status (FSA/FCAS) after passing various exams can significantly boost salary levels. In addition to base pay, actuaries in Bloomfield may benefit from non-salary compensation such as bonuses linked to exam completion—each passed exam can add significant monetary value to their overall package. Specialized credentials paired with continuous professional development open doors to lucrative positions at the head of actuarial teams or in consulting practices, further enhancing pay prospects in this competitive landscape.
More salary data for Bloomfield, NJ:
Frequently Asked Questions
How much do experienced actuaries make in Bloomfield in 2026?
What drives higher actuary pay in Bloomfield?
What certifications boost actuary salary in Bloomfield?
Can experienced actuaries make six figures in Bloomfield?
How much does actuary salary increase over time in Bloomfield?
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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
Top-earner salary figures on this page are 2026 projections derived from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. BLS reported a 90th percentile salary of $226,635 for actuaries in the Bloomfield metro area. A 3.20% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 senior-level compensation. Individual earnings depend on certifications, specialization, practice type, and years of clinical experience.
Data Sources & Methodology
Salary data for Bloomfield 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