Home > Salary > Mexico > Underwriter Trainee
An underwriter trainee is an entry-level professional who is trained in the field of insurance underwriting. Underwriters assess and evaluate insurance applications to determine the level of risk associated with insuring a person or property. As a trainee, one would work closely with experienced underwriters to learn about the industry's standards, policies, and procedures. They would analyze various factors such as financial statements, medical records, and other relevant documents to make informed decisions on insurability and coverage terms. Underwriter trainees also assist in reviewing policy renewals, making recommendations for adjustments, and providing support to clients and agents.
Estimated Yearly Salary: 391,476 MXN
Estimated Monthly Salary: 32,623 MXN
Estimated Weekly Salary: 7,528 MXN per week
Estimated Hourly Salary: 188 MXN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 31,438 MXN
Estimated Weekly Salary: 7,255 MXN per week
Estimated Hourly Salary: 181 MXN per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 19,560 USD
Estimated Monthly Salary: 1,630 USD
Estimated Weekly Salary: 376 USD per week
Estimated Hourly Salary: 9 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 391,476 MXN
Estimated Monthly Salary: 32,623 MXN
Estimated Weekly Salary: 7,528 MXN per week
Estimated Hourly Salary: 188 MXN per hour
By working as Underwriter Trainee a person can save up to 894 USD per month or 10,723 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 Trainee
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Trainee salary in Mexico
Average Yearly Salary of Underwriter Trainee in Mexico is approximately 391,476 MXN (19,560 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 Trainee do?
An underwriter trainee is an entry-level professional who is trained in the field of insurance underwriting. Underwriters assess and evaluate insurance applications to determine the level of risk associated with insuring a person or property. As a trainee, one would work closely with experienced underwriters to learn about the industry's standards, policies, and procedures. They would analyze various factors such as financial statements, medical records, and other relevant documents to make informed decisions on insurability and coverage terms. Underwriter trainees also assist in reviewing policy renewals, making recommendations for adjustments, and providing support to clients and agents.
Skills: underwriter trainee, insurance, risk assessment, policy analysis, financial evaluation, client support.
Job industry: Insurance
Job industry: Insurance
How much does Underwriter Trainee make?
Salary details
How much does Underwriter Trainee make?Estimated Yearly Salary: 391,476 MXN
Estimated Monthly Salary: 32,623 MXN
Estimated Weekly Salary: 7,528 MXN per week
Estimated Hourly Salary: 188 MXN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 377,260 MXNEstimated Monthly Salary: 31,438 MXN
Estimated Weekly Salary: 7,255 MXN per week
Estimated Hourly Salary: 181 MXN per hour
Last revision of data: 2024-01-03Underwriter Trainee estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 19,560 USD
Estimated Monthly Salary: 1,630 USD
Estimated Weekly Salary: 376 USD per week
Estimated Hourly Salary: 9 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
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 Trainee job salary compared to average salary in Mexico.
Comparison shows that a person working as Underwriter Trainee in Mexico earns on average:
1.18 times the average salary (or 118% 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 Trainee job salary compared to average salary in Mexico.
Comparison shows that a person working as Underwriter Trainee in Mexico earns on average:
1.18 times the average salary (or 118% of average salary).
Is Underwriter Trainee a well paid job?
Yes, our data show that Underwriter Trainee 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 Trainee?
High salary for Underwriter Trainee would be somewhere between 430,624 MXN and 567,640 MXN. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Trainee 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: 391,476 MXN
Estimated Monthly Salary: 32,623 MXN
Estimated Weekly Salary: 7,528 MXN per week
Estimated Hourly Salary: 188 MXN per hour
By working as Underwriter Trainee a person can save up to 894 USD per month or 10,723 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 Trainee
United States is 60,387 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.)
2. Cardiologist
(3,207,036 MXN per year, pre-tax.)
(3,089,000 MXN per year, pre-tax.)
(2,995,691 MXN per year, pre-tax.)
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:
Accounts payable specialist (286,534 MXN per year, pre-tax.)
Garnishment specialist (268,231 MXN per year, pre-tax.)
Estimator construction (307,228 MXN per year, pre-tax.)
Blueprint developer (241,375 MXN per year, pre-tax.)
Director of outlets (336,504 MXN per year, pre-tax.)
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Please note:This website presents salary insights for informational purposes only.
This website provides salary data exclusively for informational purposes. While we endeavor for correctness, we cannot ensure the precision of all figures. Users should double-check salary details with reliable sources before making career-related decisions. Salary estimates may vary based on numerous factors, such as company size, negotiation tactics, and industry demand. We assume no responsibility for misinterpretations in the salary figures provided. By accessing this website, you accept that salary data is not absolute.
This website displays salary figures exclusively for informational use. While we strive for accuracy, we do not ensure the validity of all figures. Users must double-check salary details with official sources before making career-related decisions. Salary amounts can fluctuate based on numerous factors, such as geographic location, experience, and job role. We assume no liability for misinterpretations in the pay figures provided. By accessing optisalary.com, you accept that salary data is not absolute.