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Average Insurance Project Manager Salary in Mexico for 2026

An insurance project manager in Mexico earns about 510,200 MXN a year. That's 28% above the national average of 398,300 MXN.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Mexico sit around 261,300 MXN a year, while the very top stretches to 788,000 MXN. Everything on this page is in Mexican peso (MXN, symbol $), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Mexico, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

How much does an insurance project manager make in Mexico?

Average salary
510,200 MXN
42,516 MXN per month
Lowest reported
261,300 MXN
21,775 MXN per month
Highest reported
788,000 MXN
65,666 MXN per month

A typical insurance project manager working in Mexico brings home around 42,516 MXN a month before tax. Entry-level pay starts near 261,300 MXN, and the top of the ladder reaches roughly 788,000 MXN for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior insurance project manager working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.

How insurance project manager pay ranges in Mexico

A good way to think about salary in Mexico is to look at the distribution rather than the headline average. Half of all insurance project managers in Mexico earn less than 502,200 MXN a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 341,900 MXN (the 25th percentile), and a quarter clear 633,100 MXN (the 75th percentile). The middle 50% of insurance project managers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 261,300 MXN. The highest stretch to 788,000 MXN, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

261,300
Low
502,200
Median
788,000
High
341,900
25th
633,100
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in MXN

Insurance project manager pay by experience in Mexico

Years of experience is the single biggest lever on pay for an insurance project manager in Mexico, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical insurance project manager salary changes as you move through the career ladder.

  • 0-2 Years
    294,700 MXN
  • 2-5 Years
    +30% from previous
    383,300 MXN
  • 5-10 Years
    +40% from previous
    535,800 MXN
  • 10-15 Years
    +20% from previous
    642,800 MXN
  • 15-20 Years
    +9% from previous
    699,700 MXN
  • 20+ Years
    +8% from previous
    752,600 MXN

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 40%. That is the point at which a insurance project manager typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.

Insurance project manager pay by education in Mexico

Education sits alongside experience as one of the biggest factors driving insurance project manager pay in Mexico. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average insurance project manager salary in Mexico broken down by the highest level of education a worker has completed.

  • Bachelor's Degree
    362,200 MXN
  • Master's Degree
    +77% from previous
    641,900 MXN

Insurance project manager gender pay gap in Mexico

The gender pay gap is a stubborn feature of almost every labour market, and Mexico is no exception. Male insurance project managers in Mexico earn an average of 548,800 MXN a year, while female insurance project managers earn around 478,000 MXN. That works out to a 15% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Insurance Project Manager gender pay gap

13%

Men earn this much more than women on average in Mexico.

Men 548,800 MXN
Women 478,000 MXN

Pay raises for an insurance project manager in Mexico

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Mexico sees a raise of about 11% every 19 months, which works out to roughly 7% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Mexico, the national average raise is around 8% every 18 months.

By industry

Industries with the highest pay raises in Mexico:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
    2%
  • Construction
  • Education
    1%

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Insurance project manager bonus rates in Mexico

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

54%

54% of insurance project managers in Mexico reported a bonus of some kind in the past twelve months. That makes an insurance project manager a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 3% to 6% of base salary. The remaining 46% of insurance project managers reported no bonus at all over the same period.

Which careers pay bonuses in Mexico

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Insurance project manager: public vs private sector pay

Public-sector pay in Mexico is about 8% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

8%

Public-sector workers earn this much more than private-sector workers in Mexico on average.

Public sector 415,900 MXN
Private sector 384,200 MXN

Insurance project manager salary by city in Mexico

Insurance project manager pay is not even across Mexico. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Mexico City
  • Tijuana
  • Nezahualcoyotl
  • Puebla
  • Leon
  • Chihuahua
  • Saltillo
  • Culiacan
  • Guadalajara
  • Monterrey
LocationTypeAverageMedianRange
Mexico CityCity681,900 MXN665,300 MXN345,700-1,047,900 MXN
TijuanaCity675,100 MXN713,900 MXN315,900-1,065,800 MXN
NezahualcoyotlCity670,600 MXN642,800 MXN349,300-1,023,400 MXN
PueblaCity663,200 MXN689,900 MXN318,800-1,042,000 MXN
LeonCity663,200 MXN623,200 MXN351,900-1,007,400 MXN
ChihuahuaCity659,400 MXN672,600 MXN320,500-1,025,100 MXN
SaltilloCity650,700 MXN650,700 MXN325,900-1,009,200 MXN
CuliacanCity649,700 MXN689,900 MXN307,400-1,027,600 MXN
GuadalajaraCity643,800 MXN659,400 MXN313,700-1,004,500 MXN
MonterreyCity639,900 MXN589,400 MXN344,600-965,800 MXN
QueretaroCity637,500 MXN687,100 MXN294,700-1,009,200 MXN
NaucalpanCity633,300 MXN633,300 MXN318,800-985,700 MXN
HermosilloCity633,300 MXN619,800 MXN325,800-979,600 MXN
Tlalnepantla de BazCity633,100 MXN580,600 MXN340,400-953,200 MXN
Ecatepec de MorelosCity631,200 MXN631,200 MXN313,700-979,300 MXN
ZapopanCity628,000 MXN615,700 MXN319,600-965,800 MXN
CancunCity627,900 MXN603,400 MXN327,800-962,900 MXN
San Luis PotosiCity625,000 MXN675,100 MXN288,100-995,000 MXN
DurangoCity618,800 MXN580,600 MXN327,800-938,700 MXN
MexicaliCity615,000 MXN587,800 MXN317,700-938,100 MXN
Cuautitlan IzcalliCity606,400 MXN631,200 MXN292,000-954,900 MXN
AguascalientesCity605,700 MXN568,500 MXN320,500-918,600 MXN
GuadalupeCity602,700 MXN639,900 MXN282,300-953,200 MXN
MeridaCity600,000 MXN625,000 MXN286,400-942,700 MXN
TlaquepaqueCity596,800 MXN562,200 MXN315,900-907,100 MXN
MoreliaCity596,800 MXN619,800 MXN288,100-938,700 MXN
Ciudad ApodacaCity595,300 MXN595,300 MXN299,500-923,000 MXN
AcapulcoCity595,300 MXN607,400 MXN292,000-931,900 MXN
Tuxtla GutierrezCity595,300 MXN607,400 MXN294,700-931,700 MXN
TolucaCity592,600 MXN544,800 MXN317,700-894,500 MXN
ReynosaCity585,900 MXN585,900 MXN294,700-907,100 MXN
TorreonCity585,900 MXN539,800 MXN315,900-887,100 MXN
General EscobedoCity582,700 MXN618,800 MXN275,200-922,900 MXN
ChimalhuacanCity581,300 MXN566,900 MXN294,700-894,500 MXN
Nuevo LaredoCity581,300 MXN626,800 MXN266,000-922,900 MXN
Ciudad Lopez MateosCity580,600 MXN628,000 MXN267,100-922,300 MXN
MatamorosCity575,100 MXN562,600 MXN294,700-887,100 MXN
XicoCity573,500 MXN562,200 MXN294,700-882,400 MXN
MazatlanCity562,600 MXN597,800 MXN265,000-890,100 MXN
TepicCity559,000 MXN581,300 MXN267,100-874,900 MXN
CuernavacaCity553,800 MXN533,100 MXN286,400-848,200 MXN
San Nicolas de los GarzaCity553,400 MXN587,800 MXN261,300-877,300 MXN
TonalaCity553,400 MXN574,200 MXN266,000-869,400 MXN
VeracruzCity553,400 MXN531,700 MXN286,400-847,000 MXN
Ciudad VictoriaCity552,400 MXN519,300 MXN294,700-838,100 MXN
VillahermosaCity548,500 MXN514,800 MXN288,700-832,300 MXN
XalapaCity544,800 MXN553,400 MXN266,000-847,000 MXN
IrapuatoCity544,800 MXN500,100 MXN294,300-819,000 MXN
Ciudad Santa CatarinaCity543,200 MXN555,800 MXN267,100-849,200 MXN
UruapanCity539,800 MXN496,100 MXN288,700-812,900 MXN
EnsenadaCity537,300 MXN537,300 MXN267,100-830,500 MXN
CoacalcoCity533,100 MXN489,500 MXN288,100-802,400 MXN
TampicoCity531,700 MXN544,800 MXN263,200-830,500 MXN
CelayaCity531,700 MXN531,700 MXN266,000-825,900 MXN
Gomez PalacioCity529,600 MXN571,300 MXN243,000-843,600 MXN
Los Reyes la PazCity528,600 MXN519,300 MXN271,300-814,500 MXN
IxtapalucaCity528,500 MXN568,500 MXN240,500-838,100 MXN
Villa Nicolas RomeroCity522,700 MXN552,400 MXN245,300-821,500 MXN
Ciudad ObregonCity518,300 MXN498,500 MXN268,900-790,600 MXN
Ojo de AguaCity514,800 MXN472,100 MXN277,400-778,900 MXN
MonclovaCity504,500 MXN535,900 MXN239,000-799,300 MXN
PachucaCity502,200 MXN492,400 MXN254,800-774,200 MXN
CoatzacoalcosCity500,100 MXN480,600 MXN261,300-765,100 MXN
NogalesCity500,100 MXN480,600 MXN261,300-767,000 MXN
Los MochisCity498,500 MXN498,500 MXN247,800-768,900 MXN
CampecheCity498,000 MXN519,300 MXN238,900-781,200 MXN
Soledad de Graciano SanchezCity496,100 MXN504,300 MXN240,500-774,200 MXN
AcunaCity492,700 MXN504,400 MXN240,500-772,700 MXN
OaxacaCity492,400 MXN513,300 MXN237,400-774,200 MXN
TehuacanCity491,000 MXN462,300 MXN261,300-745,000 MXN
MetepecCity487,600 MXN524,300 MXN225,700-772,900 MXN
TapachulaCity483,400 MXN453,200 MXN254,800-731,700 MXN
La PazCity480,600 MXN471,700 MXN245,300-739,500 MXN
Puerto VallartaCity476,600 MXN476,600 MXN238,900-741,500 MXN
Poza RicaCity475,700 MXN485,300 MXN232,400-743,300 MXN
San Cristobal de las CasasCity472,100 MXN501,400 MXN221,500-747,400 MXN
Cholula de RivadabiaCity466,300 MXN428,400 MXN249,600-701,400 MXN
ChilpancingoCity466,300 MXN492,400 MXN217,900-733,300 MXN
BuenavistaCity464,900 MXN501,400 MXN214,000-743,300 MXN
San Pablo de las SalinasCity464,400 MXN445,100 MXN239,000-707,700 MXN
Piedras NegrasCity459,300 MXN498,500 MXN209,500-732,400 MXN
JiutepecCity459,300 MXN450,300 MXN233,600-707,700 MXN
CuautlaCity454,900 MXN454,900 MXN227,600-707,600 MXN
SalamancaCity447,300 MXN466,300 MXN212,500-701,400 MXN
ChetumalCity445,100 MXN419,400 MXN233,900-675,200 MXN
ColimaCity445,100 MXN462,300 MXN212,500-696,700 MXN
Ciudad del CarmenCity442,200 MXN413,900 MXN232,400-670,600 MXN
Playa del CarmenCity442,200 MXN420,800 MXN228,000-674,100 MXN
CordobaCity442,200 MXN424,300 MXN228,000-675,100 MXN
ChalcoCity437,900 MXN448,500 MXN214,000-683,800 MXN
ChicoloapanCity437,300 MXN454,300 MXN209,700-683,800 MXN
San Luis Rio ColoradoCity436,200 MXN401,300 MXN237,400-660,500 MXN
ManzanilloCity431,100 MXN431,100 MXN214,000-664,500 MXN
San Juan del RioCity430,000 MXN394,500 MXN232,400-649,700 MXN
Ciudad JuarezCity425,100 MXN460,500 MXN196,800-679,200 MXN
OrizabaCity420,100 MXN394,500 MXN221,500-639,900 MXN
DeliciasCity417,200 MXN442,200 MXN196,800-659,400 MXN
Zamora de HidalgoCity417,200 MXN417,200 MXN207,700-643,800 MXN
Boca del RioCity413,900 MXN404,600 MXN209,500-639,100 MXN
FresnilloCity407,300 MXN397,900 MXN207,700-628,000 MXN
Ciudad VallesCity407,100 MXN388,100 MXN209,500-619,800 MXN
NavojoaCity404,600 MXN436,200 MXN187,300-645,800 MXN
ZacatecasCity398,300 MXN420,800 MXN187,300-627,900 MXN
San Pedro Garza GarciaCity397,900 MXN430,000 MXN183,700-633,300 MXN
IgualaCity389,200 MXN396,300 MXN192,000-605,700 MXN
MinatitlanCity388,100 MXN404,600 MXN187,300-610,100 MXN
Hidalgo del ParralCity386,400 MXN363,000 MXN204,000-589,400 MXN
GuaymasCity384,200 MXN351,900 MXN207,800-576,500 MXN

Insurance Project Manager in Mexico: FAQs

  • How much does an insurance project manager make per month in Mexico?

    An insurance project manager in Mexico earns about 42,516 MXN a month before tax, based on an annual average of 510,200 MXN.

  • What's the salary range for an insurance project manager in Mexico?

    Entry-level insurance project managers in Mexico start near 261,300 MXN. Top-end pay reaches around 788,000 MXN. The middle 50% of earners sit between 341,900 and 633,100 MXN.

  • Is the median insurance project manager salary in Mexico higher or lower than the average?

    The median is 502,200 MXN, lower than the average of 510,200 MXN. Half of insurance project managers in Mexico earn below the median, half earn above it.

  • What's the gender pay gap for insurance project managers in Mexico?

    Men working as an insurance project manager in Mexico earn around 15% more than women on average (548,800 vs 478,000 MXN a year).

  • Do insurance project managers in Mexico get bonuses?

    About 54% of insurance project managers in Mexico reported a bonus in the past 12 months. Reported bonuses ranged from 3% to 6% of base salary.

  • Do insurance project managers earn more in the public or private sector in Mexico?

    In Mexico, the public sector pays an insurance project manager about 8% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do insurance project managers in Mexico get a pay raise?

    An insurance project manager in Mexico sees a raise of around 11% every 19 months, equivalent to roughly 7% a year.