The job of an Assets Protection Specialist, also known as a Loss Prevention Specialist, is, much like the name suggests, to protect financial assets of their clients and prevent loss primarily that might occur through theft or fraud. The position often involves working actively on seeking out parts of the company which are at a risk of inventory shrinkage or potential financial loss risks, and suggesting solutions. This Specialist may also need to provide training to others and, depending on the client, be in the legal and technical know-how of that business.
While it is possible for a candidate to become an Assets Protection Specialist with only a high school diploma or a GED, many employers do look for applicants who have an associate's degree or a bachelor's degree.
There is more than meets the eye when it comes to being an Assets Protection Specialist. For example, did you know that they make an average of $20.41 an hour? That's $42,451 a year!
Between 2018 and 2028, the career is expected to grow 4% and produce 40,600 job opportunities across the U.S.
There are certain skills that many Assets Protection Specialists have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Detail oriented, Physical strength and Good judgment.
If you're interested in becoming an Assets Protection Specialist, one of the first things to consider is how much education you need. We've determined that 42.5% of Assets Protection Specialists have a bachelor's degree. In terms of higher education levels, we found that 3.0% of Assets Protection Specialists have master's degrees. Even though some Assets Protection Specialists have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an Assets Protection Specialist. When we researched the most common majors for an Assets Protection Specialist, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Assets Protection Specialist resumes include High School Diploma degrees or Diploma degrees.
You may find that experience in other jobs will help you become an Assets Protection Specialist. In fact, many Assets Protection Specialist jobs require experience in a role such as Security Officer. Meanwhile, many Assets Protection Specialists also have previous career experience in roles such as Sales Associate or Cashier.