New Jersey·Computer and Mathematical Occupations·SOC 15-2011

Best Actuary programs in New Jersey, ranked by enrollment

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.

11 schools in New Jersey run programs that feed this job, graduating 218 people a year. The job pays a median of $142,800 in New Jersey across about 1,260 jobs (BLS OEWS May 2025).

Also calledActuaryPricing ActuaryActuarial AnalystConsulting ActuaryLife ActuaryHealth ActuaryAnnuity AnalystActuarial Intern
Graduates / yr
218
in New Jersey
Median pay · New Jersey
$142,800
BLS OEWS May 2025
Jobs in state
1,260
people employed
Schools
11
with a feeder program
Avg graduation rate
71%
across those schools
Median net price
$23,844
per year, IPEDS

Fields of study in New Jersey that lead to this job

Grouped at the 4-digit CIP level. Numbers are graduates per year in this state.

5 programs in New Jersey that lead to this job

Ranked by graduates per year in New Jersey (IPEDS completions). Graduate earnings and debt are national College Scorecard figures reported at the 4-digit CIP level, so specializations within one field share a figure. Each program also links to its own New Jersey page.

Degree programs that lead to this occupation, ranked by graduates per year
#ProgramGraduates / yrShare of pipelineSchoolsGrad earnings (1 yr)Median debt
1158
72.5%
5$59,718$20,150
241
18.8%
7$60,930$21,143
310
4.6%
1$59,718$20,150
46
2.8%
1$60,930$21,143
53
1.4%
2$62,069$23,500

Top 11 schools in New Jersey

Ranked by graduates per year into this job. Graduate earnings are reported for 3 of the 11 schools in this state.

Schools ranked by graduates per year into this occupation
#SchoolGraduates / yrTop feeder programGrad earnings (1 yr)Grad rateNet priceAcceptance
1Rutgers University - New Brunswick
New Brunswick, NJ Public · 1 feeder programs
148Statistics, General$63,47784%58%
2Thomas Edison State University
Trenton, NJ Public · 2 feeder programs
26Applied Mathematics, General
3Montclair State University
Montclair, NJ Public · 2 feeder programs
10Applied Mathematics, General65%88%
4Princeton University
Princeton, NJ Private not-for-profit · 1 feeder programs
8Applied Mathematics, General98%$13,7295%
5William Paterson University of New Jersey
Wayne, NJ Public · 2 feeder programs
8Computational and Applied Mathematics44%90%
6New Jersey Institute of Technology
Newark, NJ Public · 2 feeder programs
7Applied Mathematics, General73%65%
7Stevens Institute of Technology
Hoboken, NJ Private not-for-profit · 2 feeder programs
7Applied Mathematics, General$97,70087%$34,82748%
8Ramapo College of New Jersey
Mahwah, NJ Public · 1 feeder programs
1Applied Mathematics, General70%71%
9Rider University
Lawrenceville, NJ Private not-for-profit · 1 feeder programs
1Actuarial Science$58,89061%$23,84479%
10Rowan University
Glassboro, NJ Public · 1 feeder programs
1Statistics, General67%78%
11Rutgers University - Newark
Newark, NJ Public · 1 feeder programs
1Applied Mathematics, General64%71%

All 11 schools in New Jersey

Every school in New Jersey with a program that feeds this job, ordered by graduates per year. Earnings are shown for the ranked schools above; open a school profile for the rest.

All schools in New Jersey that feed this occupation
SchoolCityControlGraduates / yrFeeder programs
Rutgers University - New BrunswickNew BrunswickPublic1481
Thomas Edison State UniversityTrentonPublic262
Montclair State UniversityMontclairPublic102
Princeton UniversityPrincetonPrivate not-for-profit81
William Paterson University of New JerseyWaynePublic82
New Jersey Institute of TechnologyNewarkPublic72
Stevens Institute of TechnologyHobokenPrivate not-for-profit72
Ramapo College of New JerseyMahwahPublic11
Rider UniversityLawrencevillePrivate not-for-profit11
Rowan UniversityGlassboroPublic11
Rutgers University - NewarkNewarkPublic11

What actuaries earn in New Jersey

What people already working in this job earn (BLS OEWS May 2025). Not graduate earnings.

Median annual in New Jersey
$142,800
Mean annual
$152,850
Jobs in state
1,260
What the range looks like
10th pct$86,090Median$142,80090th pct$224,700
Versus the national median
+9.8%

U.S. median $130,000. New Jersey pays above the national figure.

Job concentration
1.72×

Concentrated here: New Jersey employs more of this job per worker than the U.S. average.

Metro areas in New Jersey

Trenton-Princeton, NJ
$129,540median
110 jobs

Job outlook

Bureau of Labor Statistics Employment Projections, 2024 to 2034.

Projected growth 2024–34
+21.8%
Much faster than average
Openings per year
2,400
new jobs plus replacements
Employment change
7,300
33,600 → 40,900
Typical entry education
Bachelor's degree
Plus long-term on-the-job training

Growth and openings are national. The Bureau of Labor Statistics does not publish employment projections at state level, so these figures describe the occupation across the whole U.S., not this state alone.

How to get in

The full skills, tools, and day-to-day breakdown lives on the national Actuaries page.

How to become a Actuary

Job zone 4 of 5 · SVP 7.0 to < 8.0
Typical entry education
Bachelor's degree
On-the-job training
Long-term on-the-job training

Most of these occupations require a four-year bachelor's degree, but some do not.

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Top skills

Reading ComprehensionCritical ThinkingMathematicsActive ListeningSpeakingWriting

The same job in other states

Where else this occupation employs the most people, and what it pays there.

Related careers in New Jersey

Every major mapped to this job

The official federal mapping behind the rankings above.

All 9 majors mapped to Actuaries9 of them graduated someone in the latest IPEDS year. NCES CIP 2020 → SOC 2018 crosswalk.+
  • 27.0301Applied Mathematics, General
  • 27.0304Computational and Applied Mathematics
  • 27.0501Statistics, General
  • 27.0502Mathematical Statistics and Probability
  • 27.0503Mathematics and Statistics
  • 27.0599Statistics, Other
  • 27.0601Applied Statistics, General
  • 52.0215Risk Management
  • 52.1304Actuarial Science

Common questions

Answers for people weighing actuaries programs in New Jersey.

What degree do you need to become an Actuary?+

Bachelor's degree is the typical entry-level education BLS reports for this occupation. The most common program people actually graduate from is Statistics, General, which awarded 158 degrees in New Jersey in 2024-25, 72.5% of everyone graduating from a program that feeds this career.

Which college majors lead to becoming an Actuary?+

The NCES CIP-to-SOC crosswalk maps 5 programs to this occupation. The largest are Statistics, Applied Mathematics, Management Sciences and Quantitative Methods. Together they graduate about 218 people a year in New Jersey.

How much do actuaries earn in New Jersey?+

The median is $142,800 a year (BLS OEWS May 2025). That is 9.8% above the U.S. median of $130,000. This is pay for people already working in the occupation, not the same thing as graduate earnings one year after finishing a degree.

Is demand for actuaries growing?+

BLS projects a +21.8% change in employment between 2024 and 2034, much faster than average, with roughly 2,400 openings a year nationally once retirements and job changes are counted.

How many schools offer programs for this career in New Jersey?+

11 institutions in New Jersey reported graduates from at least one of the 5 programs that feed this occupation in IPEDS 2024-25. Rankings on this page use graduates per year, because the federal data publishes no enrollment count by program.

What other job titles do actuaries work under?+

Employers advertise this work under many names. O*NET records Actuary, Pricing Actuary, Actuarial Analyst, Consulting Actuary among the most commonly reported, all mapping to SOC 15-2011.

About the data on this page

Rankings use IPEDS completions 2024–25, degrees awarded per year. That is the closest federal measure of how many people a program puts into a career, because no federal dataset publishes enrollment by program. Wages and employment come from BLS OEWS May 2025, growth and openings from BLS Employment Projections 2024-34, and which majors lead to which jobs from the NCES CIP 2020 to SOC 2018 crosswalk. Occupation descriptions, tasks, skills and tools are O*NET 30.3 (CC BY 4.0, U.S. Department of Labor/ETA).

  • BLS Occupational Employment & Wage Statistics

    May 2025

    Wages, employment counts, location quotients and metro breakdowns.

  • BLS Employment Projections

    2024–34

    Projected growth, annual openings and typical entry-level education.

  • IPEDS Completions

    2024-25 (provisional)

    Graduates per year by program and institution — the ranking metric.

  • College Scorecard, Field of Study

    2020-21 cohorts

    Median graduate earnings one year after completion, and median debt.

  • Census Post-Secondary Employment Outcomes

    latest available

    Graduate earnings 1/5/10 years out, where the state participates.

  • NCES CIP 2020 and the CIP-to-SOC 2018 crosswalk

    CIP 2020 / SOC 2018

    Which college programs officially lead to this occupation.

  • O*NET Database 30.3

    30.3

    Tasks, skills, knowledge, tools, job zone and alternate job titles.

    Official source →CC BY 4.0, U.S. Department of Labor / ETA

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