Average Risk Management Specialist Salary in Cucuta, Colombia for 2026

In this article, we will look at the average Risk Management Specialist salary for 2026 in Cucuta 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 Colombian peso. To keep things simple, we are using the COP currency code instead of the currency symbol $.

How Much Does a Risk Management Specialist Make in Cucuta?

A Risk Management Specialist working in Cucuta will typically earn around 67,079,700 COP per year, and this can range from the lowest average salary of about 34,919,600 COP to the highest average salary of 102,599,200 COP.

Average Annual Salary67,079,700 COP
Average Monthly Salary5,589,975 COP
Average Lowest Salary34,919,600 COP
Lowest Monthly Salary2,909,966 COP
Average Highest Salary102,599,200 COP
Highest Monthly Salary8,549,933 COP

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

Risk Management 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 Risk Management Specialist Salaries in Cucuta

So we've looked at the average salaries a Risk Management Specialist will earn in Cucuta. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Risk Management Specialist can earn between 34,919,600 COP and 102,599,200 COP on average in Cucuta. 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 Risk Management Specialist in Cucuta is 64,439,700 COP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 64,439,700 COP, and 50% of the population earn more than 64,439,700 COP.

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 Risk Management Specialist salary in Cucuta, 25% of the population are earning less than 44,641,600 COP while 75% of the population earn more than 44,641,600 COP.

75% of the population earn less than 80,158,500 COP, and 25% of the population earn more than 80,158,500 COP.

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.

Risk Management Specialist Salary by Experience Level in Cucuta

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 Risk Management 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 Risk Management Specialist in Cucuta that has less than two years of experience can expect to earn somewhere in the region of 39,600,100 COP.
  • 2 - 5 Years Experience. With two to five years of experience the average Risk Management Specialist salary would increase to 53,158,700 COP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Risk Management Specialist, the average salary would be 69,119,600 COP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 83,641,100 COP.
  • 15 - 20 Years Experience. A Risk Management Specialist with 15 to 20 years of experience can earn an average of 91,439,200 COP.
  • 20+ Years Experience. For a Risk Management Specialist with more than 20 years, the expected average salary increases to 96,240,700 COP.

Average Salary by Experience Chart

0-2 Years-
39,600,100 COP
2-5 Years+34%
53,158,700 COP
5-10 Years+30%
69,119,600 COP
10-15 Years+21%
83,641,100 COP
15-20 Years+9%
91,439,200 COP
20+ Years+5%
96,240,700 COP

Risk Management Specialist Salary by Education Level in Cucuta

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 Risk Management Specialist in Cucuta 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 Risk Management Specialist in Cucuta with a bachelor's degree education can earn an average salary of 55,921,200 COP.
  • Master's Degree. A Risk Management Specialist in Cucuta with a master's degree education can earn an average salary of 77,641,200 COP.

Average Salary by Education Chart

Bachelor's Degree-
55,921,200 COP
Master's Degree+39%
77,641,200 COP

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 Colombia is around 23,500,000 to 70,400,000 COP 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.

Risk Management 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 Cucuta, a male risk management specialist will earn an average of 69,119,600 COP, while a female risk management specialist will earn around 60,481,000 COP.

This means that a male risk management specialist earns approximately 14% more than a female risk management specialist for performing the same job.

Average Salary by Gender Chart in Cucuta

Male-
69,119,600 COP
Female-14%
60,481,000 COP

Risk Management Specialist Average Pay Raise in Cucuta

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 Risk Management Specialist in Cucuta is around 12% every 18 months.

The national average pay raise across all professions and industries in Colombia is around 7% every 19 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 = ( 12 ÷ 18 ) × 12  = 8%

What this means is that a Risk Management Specialist in Cucuta can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Cucuta for 2026

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

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

Banking-
2%
Energy-
4%
Information Technology-
6%
Healthcare-
8%
Travel-
1%
Construction-
3%
Education-
5%

Risk Management Specialist Bonus and Incentive Rates in Cucuta

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 Risk Management Specialist is a high bonus based job, with 77% of employees reporting at least one bonus in the last 12 months.

23% 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 6% to 8%.

Received Bonus-
77%
No Bonus-
23%

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

Public Sector-
58,559,300 COP
Private Sector-11%
52,800,100 COP

Salaries for Jobs Similar to a Risk Management Specialist

In the table below, we have salary information for jobs that are similar to a Risk Management Specialist in Cucuta.

Job TitleCategorySalary
Assistant Business Development ManagerBusiness Planning78,358,100 COP
Assistant Merchandise PlannerBusiness Planning45,361,500 COP
Business AdvisorBusiness Planning67,681,200 COP
Business AnalystBusiness Planning70,199,400 COP
Business ConsultantBusiness Planning64,801,300 COP
Business Continuity AssociateBusiness Planning41,520,800 COP
Business DeveloperBusiness Planning43,680,700 COP
Business Development AnalystBusiness Planning50,281,100 COP
Business Development AssociateBusiness Planning36,718,100 COP
Business Development CoordinatorBusiness Planning38,039,000 COP
Business Development DirectorBusiness Planning102,359,100 COP
Business Development EngineerBusiness Planning54,118,500 COP
Business Development ExecutiveBusiness Planning74,161,900 COP
Business Development ManagerBusiness Planning84,001,900 COP
Business Development SpecialistBusiness Planning66,841,000 COP
Business ManagerBusiness Planning82,561,600 COP
Business Operations SpecialistBusiness Planning64,079,200 COP
Business Process WriterBusiness Planning40,679,700 COP
Business Systems AnalystBusiness Planning67,321,200 COP
Capacity PlannerBusiness Planning50,998,800 COP
Capacity Planning SupervisorBusiness Planning64,801,300 COP
Change Communications AnalystBusiness Planning63,241,900 COP
Change Control AnalystBusiness Planning67,681,200 COP
Change Impact AnalystBusiness Planning64,920,700 COP
Contracts ExecutiveBusiness Planning67,321,200 COP
Corporate Strategy AnalystBusiness Planning71,641,100 COP
Cost Control EngineerBusiness Planning43,680,700 COP
Cost ControllerBusiness Planning51,841,000 COP
Cost EstimatorBusiness Planning43,800,600 COP
Data ExecutiveBusiness Planning36,480,500 COP
Data ManagerBusiness Planning51,841,000 COP
Data Processing ManagerBusiness Planning62,159,000 COP
Development ResearcherBusiness Planning53,040,100 COP
Director of Business DevelopmentBusiness Planning97,441,800 COP
Director of Production PlanningBusiness Planning83,521,700 COP
Due Diligence AnalystBusiness Planning71,641,100 COP
Estimating ManagerBusiness Planning78,000,700 COP
General ManagerBusiness Planning87,240,100 COP
Incident HandlerBusiness Planning45,719,900 COP
Incident SpecialistBusiness Planning58,798,900 COP
Lean ConsultantBusiness Planning50,039,800 COP
ManagerBusiness Planning89,639,700 COP
Marketing and Business Development ManagerBusiness Planning87,358,200 COP
Materials PlannerBusiness Planning29,881,100 COP
Merchandise AssistantBusiness Planning28,078,900 COP
Merchandise ControllerBusiness Planning29,399,100 COP
Merchandise PlannerBusiness Planning31,320,700 COP
Operations AnalystBusiness Planning64,319,500 COP
Operations ManagerBusiness Planning74,279,700 COP
Operations Research AnalystBusiness Planning42,479,000 COP
Planning DirectorBusiness Planning88,799,900 COP
Planning and Reporting ManagerBusiness Planning77,519,100 COP
Project AdministratorBusiness Planning46,199,800 COP
Project ManagerBusiness Planning73,558,300 COP
Project PlannerBusiness Planning42,719,800 COP
Research AssistantBusiness Planning38,760,100 COP
Research EngineerBusiness Planning43,198,900 COP
Research OfficerBusiness Planning33,481,400 COP
Scholarship CoordinatorBusiness Planning32,879,500 COP
Store PlannerBusiness Planning34,319,800 COP
Strategy DirectorBusiness Planning91,801,600 COP
Top Research and Development ExecutiveBusiness Planning103,318,700 COP

Salary Comparison by City

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

CityAverage Salary
Barranquilla67,558,400 COP
Bello67,920,100 COP
Bogota71,039,200 COP
Bucaramanga68,281,500 COP
Buenaventura64,079,200 COP
Cartagena70,801,500 COP
Ibague67,441,500 COP
Manizales62,519,300 COP
Medellin74,399,600 COP
Monteria63,241,900 COP
Neiva58,319,900 COP
Pereira62,159,000 COP
Santa Marta67,798,800 COP
Soacha66,240,600 COP
Soledad66,720,300 COP
Valledupar63,840,300 COP
Villavicencio67,920,100 COP

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