Senior Actuary Salary in Newark, OH: $179,547 (2026)
Quick Answer:The top tier of actuaries working in Newark, OH — those at or above the 90th percentile — pull in $179,547/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Newark's price premium (BEA RPP 90.7, 9% below national) and that top-decile pay carries the same buying power as $197,957 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
Salaries for experienced actuaries in Newark, Ohio, are reflective of a growing market with promising top-tier compensation opportunities. In 2026, the projected top earners, with salaries reaching as high as $179,547, demonstrate a significant potential for career advancement. The substantial gap between the median annual salary of $115,837 and the top-tier amount highlights the rewarding experience premium in this profession, making it clear that achieving senior status is financially lucrative. To reach these elevated salary levels, actuaries must cultivate a blend of specialized skills, comprehensive credentials, and active contributions to their organizations, leveraging their expertise to handle complex actuarial challenges and guide financial decision-making.
About the Newark Market
Salary estimated from Ohio average ($120,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Newark
Experienced actuarys at the top of the pay scale in Newark earn between $148,272 and $179,547 per year (2026 est.). This $105,714 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Newark median of $115,837 sits 13.66% below the US median.
Top ASA, FSA Salary Comparison
| Level | Newark | National |
|---|---|---|
| Median (P50) | $115,837 | $134,160 |
| 75th Percentile | $148,272 | $176,111 |
| 90th Percentile (Top 10%) | $179,547 | $221,983 |
In Newark, 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 Newark
Advanced Certifications in Ohio
OH actuaries with additional specialty certifications within the actuarial science field earn significantly above the $115,837 median. Expanded-scope credentials are increasingly valued by Newark employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Newark command premium compensation, often reaching the $148,272–$179,547 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Newark metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Newark 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 Ohio 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 Newark
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedNewark ranks #46 of 67 Ohio cities for top earner actuary salary (90th percentile: $179,547).
Top 10% actuary compensation in Newark ($179,547) is 0.29% above the Ohio average P90 ($179,023).
2019 BLS Actual
$156,590
2025 BLS Actual
$173,980
2026 Current Est.
$179,547
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Newark (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $156,590 | Actual |
| 2020 | $158,539 | Actual |
| 2021 | $167,283 | Actual |
| 2022 | $161,200 | Actual |
| 2023 | $169,297 | Actual |
| 2024 | $160,597 | Actual |
| 2025 | $173,980 | Actual |
| 2026(current) | $179,547 | Estimated |
| 2027 | $185,293 | Projected |
Top-earning actuaries (90th percentile) in Newark saw their compensation grow 11.1% from $156,590 in 2019 to $173,980 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 $185,293 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Newark 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 Newark
In this evolving marketplace, various specializations command higher compensation levels. Experienced actuaries focusing on life and annuity, health, property & casualty (P&C), or enterprise risk management (ERM) tend to draw particularly competitive rates. Additionally, those working for large insurance firms such as Prudential and MetLife, or in top consulting firms like Mercer and Aon, often see noticeable variations in pay reflective of their organizational environment. Professional advancement follows a prescribed path from actuarial analyst to associate status (ASA), and further to fellowship (FSA or FCAS). Those passionate about enhancing their expertise must pass multiple examinations while acquiring significant VEE credits to achieve these designations. Additional advanced credentials grant access to specialty markets, potentially translating into higher earnings due to the premium placed on skills in predictive analytics and data science. Completion of actuarial exams can often lead to lucrative increases in base salary, with well-structured compensation packages that may include study time benefits and bonuses for credential milestones, further incentivizing progression in this dynamic field.
More salary data for Newark, OH:
Frequently Asked Questions
How much do experienced actuaries make in Newark in 2026?
What drives higher actuary pay in Newark?
What certifications boost actuary salary in Newark?
Can experienced actuaries make six figures in Newark?
How much does actuary salary increase over time in Newark?
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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 $173,980 for actuaries in the Newark 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 Newark 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