Average Loss Control Specialist Salary in Maracaibo, Venezuela for 2026

In this article, we will look at the average Loss Control Specialist salary for 2026 in Maracaibo 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 Venezuelan bolívar soberano. To keep things simple, we are using the VES currency code instead of the currency symbol Bs.S..

How Much Does a Loss Control Specialist Make in Maracaibo?

A Loss Control Specialist working in Maracaibo will typically earn around 1,693,600 VES per year, and this can range from the lowest average salary of about 832,100 VES to the highest average salary of 2,641,300 VES.

Average Annual Salary1,693,600 VES
Average Monthly Salary141,133 VES
Average Lowest Salary832,100 VES
Lowest Monthly Salary69,341 VES
Average Highest Salary2,641,300 VES
Highest Monthly Salary220,108 VES

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

Loss Control 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 Loss Control Specialist Salaries in Maracaibo

So we've looked at the average salaries a Loss Control Specialist will earn in Maracaibo. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Loss Control Specialist can earn between 832,100 VES and 2,641,300 VES on average in Maracaibo. 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 Loss Control Specialist in Maracaibo is 1,728,900 VES. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,728,900 VES, and 50% of the population earn more than 1,728,900 VES.

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 Loss Control Specialist salary in Maracaibo, 25% of the population are earning less than 1,149,200 VES while 75% of the population earn more than 1,149,200 VES.

75% of the population earn less than 2,230,100 VES, and 25% of the population earn more than 2,230,100 VES.

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.

Loss Control Specialist Salary by Experience Level in Maracaibo

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 Loss Control 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 Loss Control Specialist in Maracaibo that has less than two years of experience can expect to earn somewhere in the region of 985,700 VES.
  • 2 - 5 Years Experience. With two to five years of experience the average Loss Control Specialist salary would increase to 1,259,300 VES.
  • 5 - 10 Years Experience. From five to ten years of experience as a Loss Control Specialist, the average salary would be 1,741,800 VES.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,161,200 VES.
  • 15 - 20 Years Experience. A Loss Control Specialist with 15 to 20 years of experience can earn an average of 2,314,800 VES.
  • 20+ Years Experience. For a Loss Control Specialist with more than 20 years, the expected average salary increases to 2,471,700 VES.

Average Salary by Experience Chart

0-2 Years-
985,700 VES
2-5 Years+29%
1,259,300 VES
5-10 Years+38%
1,741,800 VES
10-15 Years+24%
2,161,200 VES
15-20 Years+7%
2,314,800 VES
20+ Years+7%
2,471,700 VES

Loss Control Specialist Salary by Education Level in Maracaibo

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 Loss Control Specialist in Maracaibo 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. A Loss Control Specialist in Maracaibo with a bachelor's degree education can earn an average salary of 1,224,800 VES.
  • Master's Degree. A Loss Control Specialist in Maracaibo with a master's degree education can earn an average salary of 1,967,000 VES.

Average Salary by Education Chart

Bachelor's Degree-
1,224,800 VES
Master's Degree+60%
1,967,000 VES

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 Venezuela is around 662,000 to 1,990,000 VES 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.

Loss Control 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 Maracaibo, a male loss control specialist will earn an average of 1,583,700 VES, while a female loss control specialist will earn around 1,450,700 VES.

This means that a male loss control specialist earns approximately 9% more than a female loss control specialist for performing the same job.

Average Salary by Gender Chart in Maracaibo

Male-
1,583,700 VES
Female-9%
1,450,700 VES

Loss Control Specialist Average Pay Raise in Maracaibo

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 Loss Control Specialist in Maracaibo is around 7% every 30 months.

The national average pay raise across all professions and industries in Venezuela is around 4% every 29 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 = ( 7 ÷ 30 ) × 12  = 3%

What this means is that a Loss Control Specialist in Maracaibo can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Maracaibo for 2026

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

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

Banking-
1%
Energy-
2%
Information Technology-
3%
Healthcare-
4%
Travel-
5%
Construction-
6%
Education-
7%

Loss Control Specialist Bonus and Incentive Rates in Maracaibo

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 Loss Control Specialist is a low bonus based job, with 38% of employees reporting at least one bonus in the last 12 months.

62% 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-
38%
No Bonus-
62%

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 Venezuela earn approximately 11% more than private sector employees in the same role.

Public Sector-
1,655,500 VES
Private Sector-11%
1,487,200 VES

Salaries for Jobs Similar to a Loss Control Specialist

In the table below, we have salary information for jobs that are similar to a Loss Control Specialist in Maracaibo.

Job TitleCategorySalary
Actuarial AnalystInsurance2,124,400 VES
Actuarial AssistantInsurance1,547,500 VES
Actuarial SpecialistInsurance1,476,700 VES
ActuaryInsurance2,110,600 VES
Adjustment Insurance ClerkInsurance568,500 VES
Assistant BrokerInsurance993,600 VES
Assistant Claims ManagerInsurance1,751,700 VES
Associate Insurance RepresentativeInsurance830,500 VES
Auditing Insurance ManagerInsurance2,362,300 VES
BrokerInsurance1,621,400 VES
Claim Advocacy ProfessionalInsurance1,678,300 VES
Claims AdjusterInsurance610,100 VES
Claims AnalystInsurance802,400 VES
Claims ExaminerInsurance830,500 VES
Claims ManagerInsurance2,339,200 VES
Claims ProcessorInsurance574,200 VES
Claims RepresentativeInsurance684,900 VES
Claims Resolution SpecialistInsurance1,693,600 VES
Claims SupervisorInsurance1,594,500 VES
Complaints SpecialistInsurance1,476,700 VES
Compliance ExaminerInsurance1,510,400 VES
Compliance OfficerInsurance1,306,100 VES
Compliance ReviewerInsurance1,547,500 VES
ConsultantInsurance1,594,500 VES
Eligibility InterviewerInsurance1,788,300 VES
Eligibility SpecialistInsurance1,668,900 VES
Insurance Account ManagerInsurance1,896,700 VES
Insurance Accounts ExecutiveInsurance1,693,600 VES
Insurance AdjusterInsurance1,450,700 VES
Insurance AgentInsurance985,700 VES
Insurance AnalystInsurance1,524,300 VES
Insurance AppraiserInsurance1,560,800 VES
Insurance Claims ClerkInsurance598,600 VES
Insurance ExaminerInsurance1,537,500 VES
Insurance InvestigatorInsurance1,476,700 VES
Insurance ManagerInsurance2,734,500 VES
Insurance Operations ManagerInsurance2,782,600 VES
Insurance Policy Processing ClerkInsurance603,400 VES
Insurance Pricing AssistantInsurance1,283,600 VES
Insurance Program ManagerInsurance2,124,400 VES
Insurance Project ManagerInsurance2,026,800 VES
Insurance Quality Assurance AgentInsurance1,428,800 VES
Insurance Sales AgentInsurance999,500 VES
Insurance Sales DirectorInsurance2,688,800 VES
Insurance Sales ManagerInsurance2,136,200 VES
Insurance Sales RepresentativeInsurance818,100 VES
Insurance Team LeaderInsurance1,668,900 VES
Insurance UnderwriterInsurance1,249,900 VES
Loss Prevention InvestigatorInsurance1,703,200 VES
Loss Prevention ManagerInsurance2,230,100 VES
Loss Prevention SpecialistInsurance1,693,600 VES
Marine UnderwriterInsurance1,195,600 VES
Medical AuditorInsurance1,621,400 VES
Monitoring and Performance OfficerInsurance1,168,700 VES
Payment Services SpecialistInsurance1,645,600 VES
Policy Change DirectorInsurance2,519,500 VES
Policy Change SupervisorInsurance1,800,200 VES
Policy Change TechnicianInsurance757,600 VES
Risk AnalystInsurance1,870,400 VES
Risk Management DirectorInsurance3,047,800 VES
Risk Management SupervisorInsurance2,038,500 VES
Risk ManagerInsurance3,132,800 VES
Risk Modeling ManagerInsurance2,941,000 VES
Title Insurance TypistInsurance1,440,700 VES
Training ManagerInsurance1,741,800 VES

Salary Comparison by City

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

CityAverage Salary
Barquisimeto1,570,900 VES
Caracas1,777,700 VES
Ciudad Guayana1,464,200 VES

Cite This Resource

Use the tool below to generate a reference for this page in common citation styles.

  • <a href="https://worldsalaries.com/average-loss-control-specialist-salary-in-maracaibo/venezuela/">Average Loss Control Specialist Salary in Maracaibo, Venezuela for 2026</a>

  • "Average Loss Control Specialist Salary in Maracaibo, Venezuela for 2026." World Salaries. Accessed January 11, 2026. https://worldsalaries.com/average-loss-control-specialist-salary-in-maracaibo/venezuela/.

  • "Average Loss Control Specialist Salary in Maracaibo, Venezuela for 2026." World Salaries, https://worldsalaries.com/average-loss-control-specialist-salary-in-maracaibo/venezuela/. Accessed 11 January, 2026.

  • Average Loss Control Specialist Salary in Maracaibo, Venezuela for 2026. World Salaries. Retrieved from https://worldsalaries.com/average-loss-control-specialist-salary-in-maracaibo/venezuela/.