Pay by Role
Finance & Business · South Korea

Actuary Salary in Ulsan, KR

The average actuary in Ulsan, KR earns $160,511 per year — about $11,370 /mo after a simplified national tax estimate. Actuaries use statistics to measure and price financial risk, especially in insurance.

Showing amounts in USD (USD default; source data is KRW). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies

After tax?

$136,434/yr

~15% effective national income tax on the median. Excludes most payroll/social levies and local taxes.

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Afford rent?

$1,650/mo 1BR

About 15% of estimated take-home — ~$7,870 leftover /mo after modeled costs. Modeled, not a listing.

Cost of living calculator →

Compared with…?

% vs Ulsan median (FX-adjusted abroad).

Average salary
$160,511
gross / year
Est. take-home
$136,434
~15% effective tax
Hourly equivalent
$77.17
based on 2,080 hrs/yr
vs. South Korea avg
0%
above average

Gross salary figures come from public labour-market data. Take-home, rent, savings, inflation, and trends are simplified models for research — not payroll, listings, or immigration advice. Methodology.

Actuary salary range in Ulsan

Pay varies with experience, employer, and specialization. Here is the typical distribution for this role in Ulsan, KR.

$105,61610TH$133,06325TH$160,511MEDIAN$194,05875TH$227,60490TH
Estimated pay distribution — the curve peaks at the median and widens with the pay range.
PercentileAnnual salary
10th percentile (entry)$105,616
25th percentile$133,063
Median (50th)typical$160,511
75th percentile$194,058
90th percentile (senior)$227,604

How does your salary compare?

Enter what you earn (or an offer) to see where it ranks for a actuary in Ulsan, KR.

Your percentile
50th

$160,511 puts you in the 50th percentile. You earn more than about 50% of actuarys in Ulsan, KR. That’s right around the typical pay for this role.

$105,616$160,511$227,604

Salary insights

A typical actuary in Ulsan, KR earns about ₩240,980,000 a year and pays about the South Korea average. Living costs sit near the global baseline (COL index 100). After a simplified tax estimate, typical rent, and everyday costs, a median earner might keep around ₩11,814,760 per month. Local pay lines up closely with the national median often used for remote or location-flexible offers. An illustrative model tied to local inflation and the role’s outlook suggests pay has risen about 19% over the last few years. Treat every figure as an estimate for research — not a personal offer or immigration advice.

Data-grounded summary from this page’s pay, COL, tax, and trend models — not a generative essay unrelated to the figures.

Cost of living, rent & savings

Ulsan’s cost of living is 100 vs. a baseline of 100 (US national average). After adjusting for local prices, the median actuary salary is worth about $160,511 in baseline-priced terms.

Est. rent (1BR)
$1,650/mo
Other living costs
$1,850/mo
Savings potential
$7,870/mo after tax & costs

Rent and leftover use a COL-scaled single-adult model and the same simplified tax estimate as above (Flat ~15% effective-rate estimate. Rough national income-tax estimate; excludes social security, local taxes, and credits.). Adjust assumptions in the COL calculator.

Inflation

Approximate recent consumer-price inflation in South Korea is about 2.3% per year. Use the inflation calculator to adjust a past salary or offer for purchasing power.

Remote equivalent

The South Korea national median for this role is about $160,511— a common benchmark for remote or location-flexible offers. Local Ulsan pay is roughly the same.

Historical trend

Illustrative median pay over the last few years — about +19% across the window.

$134,598
2022
$140,655
2023
$146,985
2024
$153,599
2025
$160,511
2026

Illustrative model based on approximate inflation and the role’s long-term outlook — not a surveyed year-by-year history.

Visa information

E-7 / D-8 work visa

Specialised professionals usually enter on an E-7 (or company-investment) visa sponsored by a Korean employer.

Difficulty for typical skilled hires: moderate. General orientation only — confirm on the official South Korea immigration site before relocating or accepting an offer.

Compare Actuary pay

See how a actuary stacks up against similar finance & business roles in South Korea.

What’s your take-home?

Calculator opens with this page’s median ($160,511) and South Korea tax model — tweak hours, period, or offer amount.

Actuary salary in other South Korea cities

Same role, different city — % gap is vs Ulsan.

CityMedian
Incheon, KR$160,511/yr
Daegu, KR$160,511/yr
Daejeon, KR$160,511/yr
Gwangju, KR$160,511/yr
Suwon, KR$160,511/yr
Goyang-si, KR$160,511/yr
Changwon, KR$160,511/yr
Cheongju-si, KR$160,511/yr

Actuary salary in other countries

Capital/largest city sample for each market. % gap converts foreign medians into KRW before comparing with Ulsan.

CountryLocal median
Indonesia flagIndonesiae.g. Jakarta$20,280/yr
Vietnam flagVietname.g. Hanoi$21,511/yr
Argentina flagArgentinae.g. Buenos Aires$20,846/yr
India flagIndiae.g. Mumbai$25,866/yr
Philippines flagPhilippinese.g. Quezon$26,807/yr
South Africa flagSouth Africae.g. Johannesburg$36,813/yr
Thailand flagThailande.g. Bangkok$39,892/yr
Colombia flagColombiae.g. Bogotá$39,504/yr
Turkey flagTurkeye.g. Istanbul$49,547/yr
Brazil flagBrazile.g. São Paulo$51,061/yr

Related Finance & Business jobs in Ulsan

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Calculators and comparisons to dig into take-home pay, living costs, and period conversions.

Frequently asked questions

What is the average actuary salary in Ulsan, KR?
The average actuary salary in Ulsan, KR is about ₩240,980,000 per year, or roughly ₩115,855.77 per hour.
What is the salary range for a actuary in Ulsan, KR?
Most actuary salaries in Ulsan, KR fall between ₩158,564,800 (entry level) and ₩341,709,600 (senior level). The 25th–75th percentile band is ₩199,772,400 to ₩291,344,800.
How much does a actuary make per month in Ulsan, KR?
A typical actuary in Ulsan, KR earns about ₩20,081,700 per month before tax, based on the annual median of ₩240,980,000.
How does Ulsan, KR pay compare to the South Korea average?
Ulsan, KR pays about the South Korea average for this role.
What is the cost-of-living-adjusted actuary salary in Ulsan, KR?
After adjusting for local prices (cost-of-living index 100, where 100 is the US baseline), the median actuary salary in Ulsan, KR is worth roughly ₩240,980,000 in US-baseline terms.
What skills do actuarys need?
Common skills for a actuary include Statistics, Modeling, Probability, Excel, Reporting. Actual requirements vary by employer and seniority.
Is actuary a growing career?
Employment for actuary roles is projected to change by about +22% over the next decade. Local demand in Ulsan, KR can differ from the national outlook.
What is take-home pay for a actuary in Ulsan, KR?
A simplified national income-tax estimate puts median take-home near ₩204,833,000 per year (about ₩17,069,400 per month), or roughly 15% effective tax on the gross median. Real net pay varies with local taxes, benefits, and filing status.
How much rent might a actuary pay in Ulsan, KR?
A modeled modest 1-bedroom runs about ₩2,477,200 per month in Ulsan, KR, scaled from a US baseline by the local cost-of-living index (100). Actual listings vary by neighborhood and size.
Where do these Ulsan, KR salary figures come from?
Figures on Pay by Role are aggregated from public labour-market salary APIs, shown in KRW, and refreshed periodically. They are estimates for informational purposes only and are not a guarantee of individual pay.