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Underwriter 2 salary in Mexico

Average Yearly Salary of Underwriter 2 in Mexico is approximately 399,178 MXN (19,979 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Underwriter 2 do?

occupation personasAn underwriter is a professional who assesses and evaluates risks associated with insurance policies or financial transactions. Underwriter 2 is a more experienced role within the field, typically responsible for reviewing and approving complex applications, negotiating terms and conditions, and ensuring compliance with company policies and regulations. They analyze data, such as financial statements and credit reports, to determine the level of risk involved in insuring an individual or organization. Underwriter 2s also collaborate with brokers and agents to gather additional information and provide guidance on suitable coverage options. Strong analytical skills, attention to detail, and the ability to make sound decisions are essential for this occupation. Effective communication and negotiation skills are also important when dealing with clients and stakeholders.

Skills: underwriter, risk assessment, insurance policies, financial transactions, compliance, analytical skills
Job industry: Insurance


How much does Underwriter 2 make?

Salary details
How much does Underwriter 2 make?
Estimated Yearly Salary: 399,178 MXN
Estimated Monthly Salary: 33,265 MXN
Estimated Weekly Salary: 7,677 MXN per week
Estimated Hourly Salary: 192 MXN per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 385,280 MXN
Estimated Monthly Salary: 32,107 MXN
Estimated Weekly Salary: 7,409 MXN per week
Estimated Hourly Salary: 185 MXN per hour
Last revision of data: 2024-01-06



Underwriter 2 estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 19,979 USD
Estimated Monthly Salary: 1,665 USD
Estimated Weekly Salary: 384 USD per week
Estimated Hourly Salary: 10 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Mexico, located in North America, is a vibrant country known for its rich culture and diverse landscapes. With a population of approximately 126 million people, it is the 11th most populous country in the world. Covering an area of about 1,964,375 square kilometers, Mexico is the 14th largest country globally.

Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter 2 job salary compared to average salary in Mexico.
Comparison shows that a person working as Underwriter 2 in Mexico earns on average:
1.21 times the average salary (or 121% of average salary).

Is Underwriter 2 a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Underwriter 2?

High salary for Underwriter 2 would be somewhere between 439,096 MXN and 578,808 MXN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Underwriter 2 in Mexico?

Living in Mexico the approximate monthly expenses are: 736 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 399,178 MXN
Estimated Monthly Salary: 33,265 MXN
Estimated Weekly Salary: 7,677 MXN per week
Estimated Hourly Salary: 192 MXN per hour
By working as Underwriter 2 a person can save up to 929 USD per month or 11,142 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Mexico, see costs of living in Mexico.

Salary comparison to region and neighbouring coutries

Country's neighbours are: United States, Belize, Guatemala.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Underwriter 2

United States is 61,969 USDup arrow 210%
Details on Underwriter 2 salary in United States
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Mexico

(3,848,140 MXN per year, pre-tax.)
(3,207,036 MXN per year, pre-tax.)
(3,089,000 MXN per year, pre-tax.)
(2,995,691 MXN per year, pre-tax.)
(2,986,217 MXN per year, pre-tax.)
(2,929,358 MXN per year, pre-tax.)
(2,929,338 MXN per year, pre-tax.)
(2,923,408 MXN per year, pre-tax.)
(2,918,043 MXN per year, pre-tax.)
(2,917,105 MXN per year, pre-tax.)

Data as of 2025

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