Home > Salary > Mexico > Underwriter Ii
An Underwriter II is a professional responsible for evaluating and assessing the risk associated with insurance applications. They review and analyze complex insurance policies, applications, and claims to determine the appropriate coverage and premium rates. Underwriter IIs also assess the financial status, credit history, and other relevant factors of the applicants to make informed decisions on whether to accept or reject insurance applications. They work closely with insurance agents and brokers to gather necessary information and ensure compliance with underwriting guidelines and regulations. Additionally, they may negotiate terms and conditions with clients and provide recommendations for risk mitigation strategies. Strong analytical skills, attention to detail, and knowledge of insurance policies and regulations are essential for this role.
Estimated Yearly Salary: 348,175 MXN
Estimated Monthly Salary: 29,015 MXN
Estimated Weekly Salary: 6,696 MXN per week
Estimated Hourly Salary: 167 MXN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 28,093 MXN
Estimated Weekly Salary: 6,483 MXN per week
Estimated Hourly Salary: 162 MXN per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 17,382 USD
Estimated Monthly Salary: 1,449 USD
Estimated Weekly Salary: 334 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 348,175 MXN
Estimated Monthly Salary: 29,015 MXN
Estimated Weekly Salary: 6,696 MXN per week
Estimated Hourly Salary: 167 MXN per hour
By working as Underwriter Ii a person can save up to 712 USD per month or 8,545 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.
Estimated Yearly Salary for Underwriter Ii
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Ii salary in Mexico
Average Yearly Salary of Underwriter Ii in Mexico is approximately 348,175 MXN (17,382 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 Ii do?
An Underwriter II is a professional responsible for evaluating and assessing the risk associated with insurance applications. They review and analyze complex insurance policies, applications, and claims to determine the appropriate coverage and premium rates. Underwriter IIs also assess the financial status, credit history, and other relevant factors of the applicants to make informed decisions on whether to accept or reject insurance applications. They work closely with insurance agents and brokers to gather necessary information and ensure compliance with underwriting guidelines and regulations. Additionally, they may negotiate terms and conditions with clients and provide recommendations for risk mitigation strategies. Strong analytical skills, attention to detail, and knowledge of insurance policies and regulations are essential for this role.
Skills: Underwriter II, Insurance Underwriting, Risk Assessment, Financial Analysis, Policy Evaluation, Compliance Management
Job industry: Insurance
Job industry: Insurance
How much does Underwriter Ii make?
Salary details
How much does Underwriter Ii make?Estimated Yearly Salary: 348,175 MXN
Estimated Monthly Salary: 29,015 MXN
Estimated Weekly Salary: 6,696 MXN per week
Estimated Hourly Salary: 167 MXN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 337,120 MXNEstimated Monthly Salary: 28,093 MXN
Estimated Weekly Salary: 6,483 MXN per week
Estimated Hourly Salary: 162 MXN per hour
Last revision of data: 2024-01-05Underwriter Ii estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 17,382 USD
Estimated Monthly Salary: 1,449 USD
Estimated Weekly Salary: 334 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
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 Ii job salary compared to average salary in Mexico.
Comparison shows that a person working as Underwriter Ii in Mexico earns on average:
1.05 times the average salary (or 105% of average salary).
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Ii job salary compared to average salary in Mexico.
Comparison shows that a person working as Underwriter Ii in Mexico earns on average:
1.05 times the average salary (or 105% of average salary).
Is Underwriter Ii a well paid job?
Yes, our data show that Underwriter Ii is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Underwriter Ii?
High salary for Underwriter Ii would be somewhere between 382,993 MXN and 504,854 MXN. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Ii 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: 348,175 MXN
Estimated Monthly Salary: 29,015 MXN
Estimated Weekly Salary: 6,696 MXN per week
Estimated Hourly Salary: 167 MXN per hour
By working as Underwriter Ii a person can save up to 712 USD per month or 8,545 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 Ii
United States is 54,166 USD Last revision of data: 2025-01-04Salary 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
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Mexico
(3,848,140 MXN per year, pre-tax.)
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5. Neurosurgeon
(2,986,217 MXN per year, pre-tax.)
6. Urologist
(2,929,358 MXN per year, pre-tax.)
(2,929,338 MXN per year, pre-tax.)
8. Oncologist
(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 2025Random salary:
Medical office front desk specialist (160,941 MXN per year, pre-tax.)
Library director (374,196 MXN per year, pre-tax.)
Associate business analyst retail (317,913 MXN per year, pre-tax.)
Steelworker (285,656 MXN per year, pre-tax.)
Applications development manager computer software (611,547 MXN per year, pre-tax.)
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