Average Actuarial Specialist Salary in Irapuato, Mexico for 2026

In this article, we will look at the average Actuarial Specialist salary for 2026 in Irapuato and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Mexican peso. To keep things simple, we are using the MXN currency code instead of the currency symbol $.

How Much Does an Actuarial Specialist Make in Irapuato?

An Actuarial Specialist working in Irapuato will typically earn around 445,100 MXN per year, and this can range from the lowest average salary of about 208,600 MXN to the highest average salary of 702,800 MXN.

Average Annual Salary445,100 MXN
Average Monthly Salary37,091 MXN
Average Lowest Salary208,600 MXN
Lowest Monthly Salary17,383 MXN
Average Highest Salary702,800 MXN
Highest Monthly Salary58,566 MXN

These are average salaries for an Actuarial Specialist in Irapuato and include benefits such as housing and transport. It's also possible for an Actuarial Specialist to earn more or less than the average salaries shown above.

Actuarial Specialist salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Actuarial Specialist Salaries in Irapuato

So we've looked at the average salaries an Actuarial Specialist will earn in Irapuato. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Actuarial Specialist can earn between 208,600 MXN and 702,800 MXN on average in Irapuato. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Actuarial Specialist in Irapuato is 472,100 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 472,100 MXN, and 50% of the population earn more than 472,100 MXN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Actuarial Specialist salary in Irapuato, 25% of the population are earning less than 307,400 MXN while 75% of the population earn more than 307,400 MXN.

75% of the population earn less than 619,800 MXN, and 25% of the population earn more than 619,800 MXN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Actuarial Specialist Salary by Experience Level in Irapuato

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Actuarial Specialist salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Actuarial Specialist in Irapuato that has less than two years of experience can expect to earn somewhere in the region of 239,300 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Actuarial Specialist salary would increase to 332,500 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as an Actuarial Specialist, the average salary would be 472,000 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 574,200 MXN.
  • 15 - 20 Years Experience. An Actuarial Specialist with 15 to 20 years of experience can earn an average of 607,400 MXN.
  • 20+ Years Experience. For an Actuarial Specialist with more than 20 years, the expected average salary increases to 663,200 MXN.

Average Salary by Experience Chart

0-2 Years-
239,300 MXN
2-5 Years+38%
332,500 MXN
5-10 Years+42%
472,000 MXN
10-15 Years+22%
574,200 MXN
15-20 Years+6%
607,400 MXN
20+ Years+9%
663,200 MXN

Actuarial Specialist Salary by Education Level in Irapuato

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Actuarial Specialist in Irapuato based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. An Actuarial Specialist in Irapuato with a certificate or diploma education can earn an average salary of 286,400 MXN.
  • Bachelor's Degree. An Actuarial Specialist in Irapuato with a bachelor's degree education can earn an average salary of 454,900 MXN.
  • Master's Degree. An Actuarial Specialist in Irapuato with a master's degree education can earn an average salary of 632,400 MXN.

Average Salary by Education Chart

Certificate or Diploma-
286,400 MXN
Bachelor's Degree+58%
454,900 MXN
Master's Degree+39%
632,400 MXN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Mexico is around 166,000 to 498,000 MXN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Actuarial Specialist Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Irapuato, a male actuarial specialist will earn an average of 398,300 MXN, while a female actuarial specialist will earn around 376,800 MXN.

This means that a male actuarial specialist earns approximately 6% more than a female actuarial specialist for performing the same job.

Average Salary by Gender Chart in Irapuato

Male-
398,300 MXN
Female-6%
376,800 MXN

Actuarial Specialist Average Pay Raise in Irapuato

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Actuarial Specialist in Irapuato is around 11% every 19 months.

The national average pay raise across all professions and industries in Mexico is around 8% every 18 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 11 ÷ 19 ) × 12  = 7%

What this means is that an Actuarial Specialist in Irapuato can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Irapuato for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Mexico.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
4%
Energy-
8%
Information Technology-
3%
Healthcare-
7%
Travel-
2%
Construction-
6%
Education-
1%

Actuarial Specialist Bonus and Incentive Rates in Irapuato

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Actuarial Specialist is a moderate bonus based job, with 54% of employees reporting at least one bonus in the last 12 months.

46% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Received Bonus-
54%
No Bonus-
46%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Mexico earn approximately 8% more than private sector employees in the same role.

Public Sector-
415,900 MXN
Private Sector-8%
384,200 MXN

Salaries for Jobs Similar to an Actuarial Specialist

In the table below, we have salary information for jobs that are similar to an Actuarial Specialist in Irapuato.

Job TitleCategorySalary
Actuarial AnalystInsurance555,800 MXN
Actuarial AssistantInsurance367,200 MXN
ActuaryInsurance535,900 MXN
Adjustment Insurance ClerkInsurance150,000 MXN
Assistant BrokerInsurance243,000 MXN
Assistant Claims ManagerInsurance424,300 MXN
Associate Insurance RepresentativeInsurance209,500 MXN
Auditing Insurance ManagerInsurance618,800 MXN
BrokerInsurance420,100 MXN
Claim Advocacy ProfessionalInsurance406,300 MXN
Claims AdjusterInsurance146,200 MXN
Claims AnalystInsurance209,500 MXN
Claims ExaminerInsurance221,500 MXN
Claims ManagerInsurance562,200 MXN
Claims ProcessorInsurance152,300 MXN
Claims RepresentativeInsurance187,500 MXN
Claims Resolution SpecialistInsurance450,300 MXN
Claims SupervisorInsurance384,500 MXN
Complaints SpecialistInsurance378,300 MXN
Compliance ExaminerInsurance383,300 MXN
Compliance OfficerInsurance312,400 MXN
Compliance ReviewerInsurance390,000 MXN
ConsultantInsurance399,900 MXN
Eligibility InterviewerInsurance426,700 MXN
Eligibility SpecialistInsurance404,600 MXN
Insurance Account ManagerInsurance478,000 MXN
Insurance Accounts ExecutiveInsurance442,300 MXN
Insurance AdjusterInsurance367,200 MXN
Insurance AgentInsurance249,600 MXN
Insurance AnalystInsurance412,000 MXN
Insurance AppraiserInsurance389,200 MXN
Insurance Claims ClerkInsurance151,800 MXN
Insurance ExaminerInsurance382,600 MXN
Insurance InvestigatorInsurance371,100 MXN
Insurance ManagerInsurance684,900 MXN
Insurance Operations ManagerInsurance698,200 MXN
Insurance Policy Processing ClerkInsurance152,000 MXN
Insurance Pricing AssistantInsurance315,900 MXN
Insurance Program ManagerInsurance514,800 MXN
Insurance Project ManagerInsurance510,200 MXN
Insurance Quality Assurance AgentInsurance341,900 MXN
Insurance Sales AgentInsurance228,000 MXN
Insurance Sales DirectorInsurance639,100 MXN
Insurance Sales ManagerInsurance539,700 MXN
Insurance Sales RepresentativeInsurance208,600 MXN
Insurance Team LeaderInsurance436,200 MXN
Insurance UnderwriterInsurance301,800 MXN
Loss Control SpecialistInsurance378,800 MXN
Loss Prevention InvestigatorInsurance424,900 MXN
Loss Prevention ManagerInsurance558,300 MXN
Loss Prevention SpecialistInsurance424,900 MXN
Marine UnderwriterInsurance290,800 MXN
Medical AuditorInsurance403,100 MXN
Monitoring and Performance OfficerInsurance292,000 MXN
Payment Services SpecialistInsurance409,000 MXN
Policy Change DirectorInsurance618,800 MXN
Policy Change SupervisorInsurance442,300 MXN
Policy Change TechnicianInsurance187,300 MXN
Risk AnalystInsurance466,900 MXN
Risk Management DirectorInsurance759,300 MXN
Risk Management SupervisorInsurance510,200 MXN
Risk ManagerInsurance713,900 MXN
Risk Modeling ManagerInsurance744,700 MXN
Title Insurance TypistInsurance327,300 MXN
Training ManagerInsurance424,900 MXN

Salary Comparison by City

If you want to compare salaries with different cities in Mexico, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Acapulco445,100 MXN
Acuna366,200 MXN
Aguascalientes478,000 MXN
Boca del Rio313,700 MXN
Buenavista357,700 MXN
Campeche354,000 MXN
Cancun478,100 MXN
Celaya414,000 MXN
Chalco352,000 MXN
Chetumal349,300 MXN
Chicoloapan351,200 MXN
Chihuahua478,000 MXN
Chilpancingo351,900 MXN
Chimalhuacan454,900 MXN
Cholula de Rivadabia367,200 MXN
Ciudad Apodaca451,000 MXN
Ciudad Juarez340,000 MXN
Ciudad Lopez Mateos448,500 MXN
Ciudad Obregon420,100 MXN
Ciudad Santa Catarina404,600 MXN
Ciudad Valles307,400 MXN
Ciudad Victoria392,300 MXN
Ciudad del Carmen335,800 MXN
Coacalco403,100 MXN
Coatzacoalcos377,200 MXN
Colima309,800 MXN
Cordoba325,800 MXN
Cuautitlan Izcalli433,800 MXN
Cuautla318,800 MXN
Cuernavaca398,300 MXN
Culiacan472,100 MXN
Delicias307,400 MXN
Durango464,400 MXN
Ecatepec de Morelos478,000 MXN
Ensenada382,600 MXN
Fresnillo318,800 MXN
General Escobedo412,000 MXN
Gomez Palacio396,300 MXN
Guadalajara504,500 MXN
Guadalupe472,100 MXN
Guaymas301,700 MXN
Hermosillo487,600 MXN
Hidalgo del Parral286,400 MXN
Iguala294,700 MXN
Ixtapaluca425,100 MXN
Jiutepec341,400 MXN
La Paz384,500 MXN
Leon510,300 MXN
Los Mochis403,100 MXN
Los Reyes la Paz375,200 MXN
Manzanillo315,700 MXN
Matamoros417,100 MXN
Mazatlan431,100 MXN
Merida454,300 MXN
Metepec384,200 MXN
Mexicali454,300 MXN
Mexico City499,300 MXN
Minatitlan307,400 MXN
Monclova376,800 MXN
Monterrey475,700 MXN
Morelia462,300 MXN
Naucalpan493,000 MXN
Navojoa308,300 MXN
Nezahualcoyotl483,800 MXN
Nogales352,000 MXN
Nuevo Laredo413,900 MXN
Oaxaca378,800 MXN
Ojo de Agua381,800 MXN
Orizaba307,400 MXN
Pachuca382,600 MXN
Piedras Negras335,100 MXN
Playa del Carmen340,000 MXN
Poza Rica335,100 MXN
Puebla489,600 MXN
Puerto Vallarta359,900 MXN
Queretaro476,600 MXN
Reynosa430,500 MXN
Salamanca332,100 MXN
Saltillo467,700 MXN
San Cristobal de las Casas367,900 MXN
San Juan del Rio332,500 MXN
San Luis Potosi459,700 MXN
San Luis Rio Colorado330,700 MXN
San Nicolas de los Garza454,900 MXN
San Pablo de las Salinas366,200 MXN
San Pedro Garza Garcia299,500 MXN
Soledad de Graciano Sanchez377,200 MXN
Tampico385,300 MXN
Tapachula361,600 MXN
Tehuacan394,300 MXN
Tepic417,100 MXN
Tijuana514,800 MXN
Tlalnepantla de Baz480,600 MXN
Tlaquepaque437,300 MXN
Toluca428,400 MXN
Tonala407,100 MXN
Torreon457,300 MXN
Tuxtla Gutierrez454,900 MXN
Uruapan378,800 MXN
Veracruz430,000 MXN
Villa Nicolas Romero415,900 MXN
Villahermosa420,100 MXN
Xalapa425,100 MXN
Xico426,700 MXN
Zacatecas315,900 MXN
Zamora de Hidalgo327,800 MXN
Zapopan471,700 MXN

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