ProceduresGovernment

Insurance Agents and Financial Services (Account Executives)

Occupation (4222) - 2026-Q1

  • 207k, Workforce
  • $9.62k MX, Average monthly salary
  • 41, Average age
  • 38.9, Weekly hours worked
  • 5.02, Weekly days worked
  • 3.58%, Workforce with second job
  • 20.7%, Informal Workforce
  • 14.2, Average years of Schooling

About Insurance Agents and Financial Services (Account Executives)

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The workforce of Insurance Agents and Financial Services (Account Executives) during first quarter of 2026 was 207k people, whose salary averaged $9.62k MX working around 38.9 hours per week.

The average age of Insurance Agents and Financial Services (Account Executives) was 41 years. The workforce was distributed in 47.2% men with an average salary of $10.4k MX and, 52.8% women with average salary of $8.9k MX.

The best average salaries received by Insurance Agents and Financial Services (Account Executives) were in Quintana Roo ($27.7k MX), Sinaloa ($15.1k MX), and Baja California Sur ($13.4k MX) while the workforce was larger in Estado de México (34.4k), Ciudad de México (33.2k), and Jalisco (13.7k).

In terms of industries, the best average salaries were in Beauty Salons and Clinics, Public Baths and Washrooms, and Shoeshine Shops ($24k MX), Rental and Leasing of Automobiles, Trucks and other Road Transportation Vehicles ($15k MX), and Legal Services ($13.8k MX), while the workforce was concentrated on Multiple Banking (119k), Financial Institutions for Economic Developmen (45k), and Financial Institutions for Economic Development (45k).

56.9% of the total informal workers correspond to women with an average salary of $9.66k MX and 43.1% to men with an average salary of $6.39k MX.

At the level of states, Tlaxcala had the highest percentage of informal workers with 60.6% corresponding to 528 from 871 workers, while the state with the lowest percentage of informal workers was Baja California with a 2.63% corresponding to 167 from 6.35k workers.

Workforce and Salaries Evolution

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  • 207k, Workforce 2026-Q1
  • $9.62k MX, Average monthly salary 2026-Q1

At first quarter of 2026, the people who worked as Insurance Agents and Financial Services (Account Executives) were 207k being a 2.29% higher than the fourth quarter of 2025. (202k).

In the same period, an average salary of $9.62k MX was observed, registering an increase of 16.6%, compared to the fourth quarter of 2025 ($8.26k MX).

Workforce by State

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The states with the highest number of Insurance Agents and Financial Services (Account Executives) during the first quarter of 2026 were Estado de México (34.4k), Ciudad de México (33.2k), and Jalisco (13.7k)

Comparing the first quarter of 2021 and the first quarter of 2026, the main positive variations occurred in Veracruz de Ignacio de la Llave and Michoacán de Ocampo with an increase of 3.55k (122%) and 2.44k (47%), respectively. On the other hand, the negative variations were accentuated in Sonora and Puebla with a decrease of 4.63k (54.6%) and 3.9k (34.1%), respectively.

Salaries by State

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The states with the best average salaries for Insurance Agents and Financial Services (Account Executives) during first quarter of 2026 were Quintana Roo ($27.7k MX), Sinaloa ($15.1k MX), and Baja California Sur ($13.4k MX)

Comparing the first quarter of 2021 and the first quarter of 2026, the positive salary growth was higher in Quintana Roo and Tabasco with an increase of $14.4k MX (108%) and $5.66k MX (160%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Oaxaca and Veracruz de Ignacio de la Llave with a decrease of $5.19k MX (42%) and $4.59k MX (64.8%), respectively.

Average Salary and Workforce by Sex and Age

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Average Age 2026-Q1

  • 39.5, Women
  • 42.7, Men

At first quarter of 2026, the male workforce in Insurance Agents and Financial Services (Account Executives) represented the 47.2% of the employed population and women 52.8%. The male workforce was higher in the age group of 25 to 34 years (26.9k), while the female workforce was higher in the age group of 35 to 44 years (39.9k).

The highest average salary was $12.7k MX received by women from 45 to 54 years, while the lowest average salary was $7.32k MX received by women from 25 to 34 years.

* The data regarding salaries have low statistical precision so it should not be used as conclusions.

Average Salary and Workforce by Gender and Schooling Years

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Average Schooling in Years (2026-Q1)

  • 13.8, Women
  • 14.6, Men

During the first quarter of 2026, male and female workforce in Insurance Agents and Financial Services (Account Executives) was concentrated in the educational segment with 16 to 18 years of schooling (53k men and 49.4k women).

The highest average salary was $11.7k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $4.85k MX received by women with 7 to 9 years of schooling.

* The data regarding salaries have low statistical precision so it should not be used as conclusions.

Workforce and Salaries Distribution by Industries

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The visualization shows the distribution of Insurance Agents and Financial Services (Account Executives) in different industries and economic sectors.

At first quarter of 2026, the workforce was higher in Multiple Banking (47.8%), Financial Institutions for Economic Developmen (18%), and Financial Institutions for Economic Development (18%).

In the same period, the best average salaries were received in Beauty Salons and Clinics, Public Baths and Washrooms, and Shoeshine Shops ($24k MX), Rental and Leasing of Automobiles, Trucks and other Road Transportation Vehicles ($15k MX), and Legal Services ($13.8k MX).

Labor Informality

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Labor Informality

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Labor Informality 2026-Q1

  • 20.7%, Insurance Agents and Financial Services (Account Executives)
  • 54.8%, Average Informality in Mexico

During the first quarter of 2026, the labor informality of Insurance Agents and Financial Services (Account Executives) reached a 20.7%, which implied an increase from 3.83 percentage points compared to the fourth quarter of 2025  (16.9%).

The labor informality of this occupation was lower than informality at the country level in 34.1 percentage points during the first quarter of 2026.

Labor Informality by State

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Greater Labor Informality: 60.6%, Tlaxcala

Less Labor Informality: 2.63 %, Baja California

At first quarter of 2026, the states with the highest rate of labor informality in Insurance Agents and Financial Services (Account Executives) were Tlaxcala (60.6%), Michoacán de Ocampo (59.2%), and Tabasco (54.3%).

The states with the lowest informality rate were Baja California Sur (4.44%), Querétaro (3.5%), and Baja California (2.63%).

Labor Informality by Age and Education

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Workforce

The workforce of Insurance Agents and Financial Services (Account Executives) during the first quarter of 2026 was higher in the age group with 35 to 44 years concentrating 63.3k workers of which 84.6% corresponds to formal employment (53.6k) and 15.4% to informal employment (9.77k).

Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 102k workers of which 87%  corresponds to formal employment (89k) and 13% corresponds to informal employment (13.4k).