Average Insurance Accounts Executive Salary in Irapuato, Mexico for 2026

In this article, we will look at the average Insurance Accounts Executive 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 Insurance Accounts Executive Make in Irapuato?

An Insurance Accounts Executive working in Irapuato will typically earn around 487,600 MXN per year, and this can range from the lowest average salary of about 238,900 MXN to the highest average salary of 759,300 MXN.

Average Annual Salary487,600 MXN
Average Monthly Salary40,633 MXN
Average Lowest Salary238,900 MXN
Lowest Monthly Salary19,908 MXN
Average Highest Salary759,300 MXN
Highest Monthly Salary63,275 MXN

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

Insurance Accounts Executive 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 Insurance Accounts Executive Salaries in Irapuato

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

Salary ranges

We already know that an Insurance Accounts Executive can earn between 238,900 MXN and 759,300 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 Insurance Accounts Executive in Irapuato is 499,300 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 499,300 MXN, and 50% of the population earn more than 499,300 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 Insurance Accounts Executive salary in Irapuato, 25% of the population are earning less than 330,900 MXN while 75% of the population earn more than 330,900 MXN.

75% of the population earn less than 643,400 MXN, and 25% of the population earn more than 643,400 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.

Insurance Accounts Executive 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 Insurance Accounts Executive 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 Insurance Accounts Executive in Irapuato that has less than two years of experience can expect to earn somewhere in the region of 282,300 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Insurance Accounts Executive salary would increase to 363,000 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as an Insurance Accounts Executive, the average salary would be 501,400 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 623,200 MXN.
  • 15 - 20 Years Experience. An Insurance Accounts Executive with 15 to 20 years of experience can earn an average of 665,300 MXN.
  • 20+ Years Experience. For an Insurance Accounts Executive with more than 20 years, the expected average salary increases to 712,100 MXN.

Average Salary by Experience Chart

0-2 Years-
282,300 MXN
2-5 Years+29%
363,000 MXN
5-10 Years+38%
501,400 MXN
10-15 Years+24%
623,200 MXN
15-20 Years+7%
665,300 MXN
20+ Years+7%
712,100 MXN

Insurance Accounts Executive 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 Insurance Accounts Executive in Irapuato based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. An Insurance Accounts Executive in Irapuato with a bachelor's degree education can earn an average salary of 353,600 MXN.
  • Master's Degree. An Insurance Accounts Executive in Irapuato with a master's degree education can earn an average salary of 566,900 MXN.

Average Salary by Education Chart

Bachelor's Degree-
353,600 MXN
Master's Degree+60%
566,900 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.

Insurance Accounts Executive 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 insurance accounts executive will earn an average of 459,300 MXN, while a female insurance accounts executive will earn around 419,400 MXN.

This means that a male insurance accounts executive earns approximately 10% more than a female insurance accounts executive for performing the same job.

Average Salary by Gender Chart in Irapuato

Male-
459,300 MXN
Female-10%
419,400 MXN

Insurance Accounts Executive 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 Insurance Accounts Executive 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 Insurance Accounts Executive 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%

Insurance Accounts Executive 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 Insurance Accounts Executive is a moderate bonus based job, with 56% of employees reporting at least one bonus in the last 12 months.

44% 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-
56%
No Bonus-
44%

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 Insurance Accounts Executive

In the table below, we have salary information for jobs that are similar to an Insurance Accounts Executive in Irapuato.

Job TitleCategorySalary
Actuarial AnalystInsurance555,800 MXN
Actuarial AssistantInsurance367,200 MXN
Actuarial SpecialistInsurance386,400 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 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
Acapulco551,200 MXN
Acuna420,100 MXN
Aguascalientes539,800 MXN
Boca del Rio363,000 MXN
Buenavista420,800 MXN
Campeche420,100 MXN
Cancun533,100 MXN
Celaya451,000 MXN
Chalco386,400 MXN
Chetumal365,400 MXN
Chicoloapan394,800 MXN
Chihuahua566,900 MXN
Chilpancingo412,000 MXN
Chimalhuacan531,700 MXN
Cholula de Rivadabia413,900 MXN
Ciudad Apodaca472,100 MXN
Ciudad Juarez366,200 MXN
Ciudad Lopez Mateos496,100 MXN
Ciudad Obregon480,600 MXN
Ciudad Santa Catarina436,200 MXN
Ciudad Valles352,000 MXN
Ciudad Victoria471,700 MXN
Ciudad del Carmen372,600 MXN
Coacalco460,500 MXN
Coatzacoalcos406,300 MXN
Colima372,600 MXN
Cordoba357,300 MXN
Cuautitlan Izcalli483,800 MXN
Cuautla369,300 MXN
Cuernavaca480,300 MXN
Culiacan528,500 MXN
Delicias367,900 MXN
Durango510,200 MXN
Ecatepec de Morelos574,200 MXN
Ensenada437,300 MXN
Fresnillo344,600 MXN
General Escobedo472,100 MXN
Gomez Palacio451,000 MXN
Guadalajara578,500 MXN
Guadalupe504,500 MXN
Guaymas327,800 MXN
Hermosillo548,800 MXN
Hidalgo del Parral327,800 MXN
Iguala353,600 MXN
Ixtapaluca466,300 MXN
Jiutepec378,800 MXN
La Paz409,000 MXN
Leon551,200 MXN
Los Mochis430,500 MXN
Los Reyes la Paz420,800 MXN
Manzanillo359,900 MXN
Matamoros510,300 MXN
Mazatlan472,100 MXN
Merida513,300 MXN
Metepec425,100 MXN
Mexicali537,300 MXN
Mexico City566,900 MXN
Minatitlan348,300 MXN
Monclova420,100 MXN
Monterrey538,600 MXN
Morelia492,400 MXN
Naucalpan559,000 MXN
Navojoa317,700 MXN
Nezahualcoyotl547,800 MXN
Nogales390,000 MXN
Nuevo Laredo476,600 MXN
Oaxaca430,000 MXN
Ojo de Agua445,100 MXN
Orizaba332,100 MXN
Pachuca415,900 MXN
Piedras Negras389,200 MXN
Playa del Carmen366,200 MXN
Poza Rica394,800 MXN
Puebla583,000 MXN
Puerto Vallarta401,300 MXN
Queretaro510,000 MXN
Reynosa529,600 MXN
Salamanca386,400 MXN
Saltillo553,800 MXN
San Cristobal de las Casas404,600 MXN
San Juan del Rio344,600 MXN
San Luis Potosi518,300 MXN
San Luis Rio Colorado365,400 MXN
San Nicolas de los Garza480,300 MXN
San Pablo de las Salinas385,300 MXN
San Pedro Garza Garcia361,600 MXN
Soledad de Graciano Sanchez424,900 MXN
Tampico442,300 MXN
Tapachula424,300 MXN
Tehuacan448,500 MXN
Tepic457,300 MXN
Tijuana533,100 MXN
Tlalnepantla de Baz516,100 MXN
Tlaquepaque513,300 MXN
Toluca498,500 MXN
Tonala471,700 MXN
Torreon510,300 MXN
Tuxtla Gutierrez480,300 MXN
Uruapan450,300 MXN
Veracruz500,100 MXN
Villa Nicolas Romero447,700 MXN
Villahermosa485,300 MXN
Xalapa467,700 MXN
Xico492,400 MXN
Zacatecas363,000 MXN
Zamora de Hidalgo361,600 MXN
Zapopan559,000 MXN

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