Senior Actuary Salary in Cherry Hill, NJ: $232,730 (2026)
Quick Answer:The top tier of actuaries working in Cherry Hill, NJ — those at or above the 90th percentile — pull in $232,730/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 15-2011. Strip back Cherry Hill's price premium (BEA RPP 115.2, 15% above national) and that top-decile pay carries the same buying power as $202,023 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 Cherry Hill, New Jersey, senior actuaries command salaries that reflect their valuable expertise, with a 2026 median annual pay of $150,149. The potential for top earners is significant; those in the 90th percentile can expect annual compensation reaching $232,730, far above the national average of $134,160. This illustrates a notable experience premium, as the gap continues to expand between the median salary and those at the upper echelon of the profession. Achieving such elevated pay in this market requires not only years of field experience but also a commitment to acquiring advanced credentials, such as the FSA or FCAS titles, along with specialized skills that are increasingly in demand.
About the Cherry Hill Market
Salary estimated from New Jersey average ($142,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Cherry Hill
Experienced actuarys at the top of the pay scale in Cherry Hill earn between $192,190 and $232,730 per year (2026 est.). This $140,531 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Cherry Hill median of $150,149 sits 11.92% above the US median.
Top ASA, FSA Salary Comparison
| Level | Cherry Hill | National |
|---|---|---|
| Median (P50) | $150,149 | $134,160 |
| 75th Percentile | $192,190 | $176,111 |
| 90th Percentile (Top 10%) | $232,730 | $221,983 |
In Cherry Hill, 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 Cherry Hill
Advanced Certifications in New Jersey
NJ actuaries with additional specialty certifications within the actuarial science field earn significantly above the $150,149 median. Expanded-scope credentials are increasingly valued by Cherry Hill employers.
Specialty Focus
Actuaries focusing on high-acuity or specialty areas within the actuarial science field in Cherry Hill command premium compensation, often reaching the $192,190–$232,730 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Cherry Hill metro area often pay above-market rates for experienced actuaries who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured actuaries in Cherry Hill 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 Cherry Hill
Clinical Actuary
0-5 yearsSenior/Lead Actuary
5-10 yearsActuary Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedCherry Hill ranks #43 of 61 New Jersey cities for top earner actuary salary (90th percentile: $232,730).
Top 10% actuary compensation in Cherry Hill ($232,730) is 0.68% above the New Jersey average P90 ($231,163).
2019 BLS Actual
$202,973
2025 BLS Actual
$225,514
2026 Current Est.
$232,730
2019–2027 Growth
+18.3%
Salary Trajectory for Actuaries in Cherry Hill (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $202,973 | Actual |
| 2020 | $205,500 | Actual |
| 2021 | $216,833 | Actual |
| 2022 | $208,949 | Actual |
| 2023 | $219,444 | Actual |
| 2024 | $246,331 | Actual |
| 2025 | $225,514 | Actual |
| 2026(current) | $232,730 | Estimated |
| 2027 | $240,178 | Projected |
Top-earning actuaries (90th percentile) in Cherry Hill saw their compensation grow 11.1% from $202,973 in 2019 to $225,514 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 $240,178 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Cherry Hill 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 Cherry Hill
The landscape for experienced actuaries in Cherry Hill reveals compelling opportunities for those who specialize in high-demand areas like predictive analytics, reinsurance pricing, and enterprise risk management. The salary disparities across employer types are notable; consulting firms such as Mercer and Milliman generally offer higher compensation compared to traditional life and health insurers like Prudential and Cigna. Senior actuaries can advance through clear career paths, transitioning from entry-level roles to positions of greater responsibility, such as managing actuary or chief actuary, driven by the completion of SOA and CAS exams. Moreover, credentials like the ASA and the FSA can be significant financial levers, with each passed exam directly correlating to compensation increases ranging from $3,000 to $8,000. In addition to salaries, benefits such as study time packages and signing bonuses for credential completion add further attraction to the senior actuary pay in NJ.
More salary data for Cherry Hill, NJ:
Frequently Asked Questions
How much do experienced actuaries make in Cherry Hill in 2026?
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Can experienced actuaries make six figures in Cherry Hill?
How much does actuary salary increase over time in Cherry Hill?
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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 $225,514 for actuaries in the Cherry Hill 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 Cherry Hill 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