Average Property and Claims Specialist Salary in Mexico for 2024

In this article, we will look at the average Property and Claims Specialist salary for 2024 in Mexico 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 a Property and Claims Specialist Make in Mexico?

A Property and Claims Specialist working in Mexico will typically earn around 415,900 MXN per year, and this can range from the lowest average salary of about 207,700 MXN to the highest average salary of 642,800 MXN.

Average Annual Salary
415,900 MXN
Average Monthly Salary
34,658 MXN

Lowest Annual Salary
207,700 MXN
Lowest Monthly Salary
17,308 MXN

Highest Annual Salary
642,800 MXN
Highest Monthly Salary
53,566 MXN

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

Property and Claims 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 Property and Claims Specialist Salaries in Mexico

So we've looked at the average salaries a Property and Claims Specialist will earn in Mexico. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Property and Claims Specialist can earn between 207,700 MXN and 642,800 MXN on average in Mexico. 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 a Property and Claims Specialist in Mexico is 415,900 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 415,900 MXN, and 50% of the population earn more than 415,900 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 Property and Claims Specialist salary in Mexico, 25% of the population are earning less than 281,500 MXN while 75% of the population earn more than 281,500 MXN.

75% of the population earn less than 528,600 MXN, and 25% of the population earn more than 528,600 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.

Property and Claims Specialist Salary by Experience Level in Mexico

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 property and claims 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. A Property and Claims Specialist in Mexico that has less than two years of experience can expect to earn somewhere in the region of 251,500 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Property and Claims Specialist salary would increase to 330,700 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Property and Claims Specialist, the average salary would be 442,200 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 524,300 MXN.
  • 15 - 20 Years Experience. A Property and Claims Specialist with 15 to 20 years of experience can earn an average of 566,900 MXN.
  • 20+ Years Experience. For a Property and Claims Specialist with more than 20 years, the expected average salary increases to 607,400 MXN.

Average Salary by Experience Chart

0-2 Years
251,500 MXN
2-5 Years +32%
330,700 MXN
5-10 Years +34%
442,200 MXN
10-15 Years +19%
524,300 MXN
15-20 Years +8%
566,900 MXN
20+ Years +7%
607,400 MXN

Property and Claims Specialist Salary by Education Level in Mexico

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 a Property and Claims Specialist in Mexico based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Property and Claims Specialist in Mexico with a high school education can earn an average salary of 330,700 MXN.

  • Certificate or Diploma. A Property and Claims Specialist in Mexico with a certificate or diploma education can earn an average salary of 460,500 MXN.

  • Bachelor's Degree. A Property and Claims Specialist in Mexico with a bachelor's degree education can earn an average salary of 573,500 MXN.

Average Salary by Education Chart

High School
330,700 MXN
Certificate or Diploma +40%
460,500 MXN
Bachelor's Degree +25%
573,500 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.

Property and Claims 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 Mexico, a male property and claims specialist will earn an average of 425,100 MXN, while a female property and claims specialist will earn around 401,300 MXN.

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

Average Salary by Gender Chart in Mexico

Male
425,100 MXN
Female -6%
401,300 MXN

Property and Claims Specialist Average Pay Raise in Mexico

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 a Property and Claims Specialist in Mexico 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 a Property and Claims Specialist in Mexico can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Mexico for 2024

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%

Property and Claims Specialist Bonus and Incentive Rates in Mexico

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.

A Property and Claims 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 a Property and Claims Specialist

In the table below, we have salary information for jobs that are similar to a Property and Claims Specialist in Mexico.

Job Title Category Salary
Acquisition Associate Real Estate 317,700 MXN
Assistant Leasing Manager Real Estate 430,000 MXN
Assistant Property Manager Real Estate 425,100 MXN
Brokerage Real Estate 340,000 MXN
Brokerage Clerk Real Estate 172,200 MXN
Commercial Leasing Manager Real Estate 659,400 MXN
Commercial Real Estate Manager Real Estate 724,300 MXN
Community Development Manager Real Estate 659,400 MXN
Compliance Specialist Real Estate 318,800 MXN
Development Coordinator Real Estate 332,500 MXN
Director of Real Estate Real Estate 762,400 MXN
Lease Administrator Real Estate 420,100 MXN
Leasing Agent Real Estate 361,500 MXN
Leasing Consultant Real Estate 389,200 MXN
Leasing Manager Real Estate 471,700 MXN
Lettings Assistant Real Estate 172,200 MXN
Portfolio Analyst Real Estate 544,800 MXN
Portfolio Manager Real Estate 772,900 MXN
Property Acquisition Agent Real Estate 294,700 MXN
Property Manager Real Estate 478,100 MXN
Property Operations Manager Real Estate 710,500 MXN
Property Tax Assistant Real Estate 317,700 MXN
Real Estate Administrator Real Estate 372,600 MXN
Real Estate Agent Real Estate 365,400 MXN
Real Estate Analyst Real Estate 430,500 MXN
Real Estate Appraiser Real Estate 341,900 MXN
Real Estate Appraiser Real Estate 354,000 MXN
Real Estate Appraiser Real Estate 361,600 MXN
Real Estate Assistant Real Estate 327,800 MXN
Real Estate Association Manager Real Estate 472,000 MXN
Real Estate Broker Real Estate 322,600 MXN
Real Estate General Manager Real Estate 663,100 MXN
Real Estate Project Director Real Estate 642,800 MXN
Real Estate Project Manager Real Estate 607,400 MXN
Real Estate Sales Agent Real Estate 340,000 MXN
Real Estate Valuer Real Estate 367,200 MXN
Research Analyst Real Estate 325,900 MXN
Residential Advisor Real Estate 394,500 MXN
Residential Property Manager Real Estate 459,700 MXN
Shopping Center Manager Real Estate 745,000 MXN
Town Planner Real Estate 694,700 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.

City Average Salary
Acapulco 489,500 MXN
Acuna 396,300 MXN
Aguascalientes 518,300 MXN
Boca del Rio 340,400 MXN
Buenavista 388,100 MXN
Campeche 384,500 MXN
Cancun 485,200 MXN
Celaya 455,400 MXN
Chalco 348,300 MXN
Chetumal 371,100 MXN
Chicoloapan 377,200 MXN
Chihuahua 533,000 MXN
Chilpancingo 394,500 MXN
Chimalhuacan 491,000 MXN
Cholula de Rivadabia 382,600 MXN
Ciudad Apodaca 454,900 MXN
Ciudad del Carmen 363,000 MXN
Ciudad Juarez 367,900 MXN
Ciudad Lopez Mateos 466,900 MXN
Ciudad Obregon 455,400 MXN
Ciudad Santa Catarina 420,100 MXN
Ciudad Valles 340,400 MXN
Ciudad Victoria 442,300 MXN
Coacalco 430,500 MXN
Coatzacoalcos 401,300 MXN
Colima 353,600 MXN
Cordoba 330,700 MXN
Cuautitlan Izcalli 450,300 MXN
Cuautla 367,900 MXN
Cuernavaca 433,800 MXN
Culiacan 524,400 MXN
Delicias 330,900 MXN
Durango 487,600 MXN
Ecatepec de Morelos 514,300 MXN
Ensenada 417,100 MXN
Fresnillo 339,100 MXN
General Escobedo 436,200 MXN
Gomez Palacio 437,900 MXN
Guadalajara 519,300 MXN
Guadalupe 480,600 MXN
Guaymas 330,700 MXN
Hermosillo 480,600 MXN
Hidalgo del Parral 330,900 MXN
Iguala 313,700 MXN
Irapuato 437,300 MXN
Ixtapaluca 431,300 MXN
Jiutepec 372,600 MXN
La Paz 384,500 MXN
Leon 504,500 MXN
Los Mochis 430,500 MXN
Los Reyes la Paz 420,100 MXN
Manzanillo 351,900 MXN
Matamoros 445,100 MXN
Mazatlan 464,400 MXN
Merida 483,400 MXN
Metepec 371,100 MXN
Mexicali 518,300 MXN
Mexico City 559,000 MXN
Minatitlan 314,500 MXN
Monclova 386,400 MXN
Monterrey 545,300 MXN
Morelia 485,300 MXN
Naucalpan 522,700 MXN
Navojoa 319,600 MXN
Nezahualcoyotl 507,300 MXN
Nogales 367,900 MXN
Nuevo Laredo 471,700 MXN
Oaxaca 417,200 MXN
Ojo de Agua 388,100 MXN
Orizaba 322,600 MXN
Pachuca 394,300 MXN
Piedras Negras 354,000 MXN
Playa del Carmen 335,800 MXN
Poza Rica 375,200 MXN
Puebla 525,700 MXN
Puerto Vallarta 381,800 MXN
Queretaro 504,500 MXN
Reynosa 491,000 MXN
Salamanca 351,900 MXN
Saltillo 489,600 MXN
San Cristobal de las Casas 369,900 MXN
San Juan del Rio 332,500 MXN
San Luis Potosi 492,400 MXN
San Luis Rio Colorado 369,900 MXN
San Nicolas de los Garza 450,300 MXN
San Pablo de las Salinas 378,800 MXN
San Pedro Garza Garcia 312,400 MXN
Soledad de Graciano Sanchez 385,300 MXN
Tampico 451,000 MXN
Tapachula 394,300 MXN
Tehuacan 398,300 MXN
Tepic 420,800 MXN
Tijuana 533,100 MXN
Tlalnepantla de Baz 492,400 MXN
Tlaquepaque 464,900 MXN
Toluca 471,700 MXN
Tonala 459,300 MXN
Torreon 462,300 MXN
Tuxtla Gutierrez 492,700 MXN
Uruapan 397,900 MXN
Veracruz 476,600 MXN
Villa Nicolas Romero 433,800 MXN
Villahermosa 437,300 MXN
Xalapa 454,900 MXN
Xico 448,500 MXN
Zacatecas 345,700 MXN
Zamora de Hidalgo 340,000 MXN
Zapopan 518,900 MXN

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Property and Claims Specialist Salary in Mexico for 2024". World Salaries. Accessed on March 29, 2024. https://worldsalaries.com/average-property-and-claims-specialist-salary-in-mexico/.

  • "Average Property and Claims Specialist Salary in Mexico for 2024". World Salaries, https://worldsalaries.com/average-property-and-claims-specialist-salary-in-mexico/. Accessed 29 March, 2024

  • Average Property and Claims Specialist Salary in Mexico for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-property-and-claims-specialist-salary-in-mexico/.