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Assets protection specialist vs loss prevention analyst

The differences between assets protection specialists and loss prevention analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, an assets protection specialist has an average salary of $42,374, which is higher than the $38,684 average annual salary of a loss prevention analyst.

The top three skills for an assets protection specialist include CCTV, physical security and exception reports. The most important skills for a loss prevention analyst are loss prevention, customer service, and camera surveillance.

Assets protection specialist vs loss prevention analyst overview

Assets Protection SpecialistLoss Prevention Analyst
Yearly salary$42,374$38,684
Hourly rate$20.37$18.60
Growth rate3%6%
Number of jobs83,26762,658
Job satisfaction--
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 39%
Average age3333
Years of experience--

What does an assets protection specialist do?

An assets protection specialist is an individual who is responsible for implementing safety and environmental programs to their assigned store or multiple stores as well as prevent financial loss caused by theft and fraud. Asset protection specialists are required to monitor the store's physical security and audit electronic article surveillance. They also prepare accurate and detailed case reports and interact with law enforcement as well as testify in criminal and civil court actions. Asset protection specialists must also report any hazardous or unsafe condition to the manager on duty.

What does a loss prevention analyst do?

A loss prevention analyst designs and develops loss prevention programs, typically for retail establishments. They are in charge of providing analytical services primarily to avoid or resolve cases of theft and fraud. Among their responsibilities include gathering and analyzing financial and inventory data, inspecting alarm systems and protocols, performing research and analysis to identify the best practices, determining the strengths and weaknesses of current loss prevention techniques, and implementing solutions against vulnerable areas. Furthermore, a loss prevention analyst must maintain an active communication line with managers and loss prevention officers for a smooth and efficient workflow.

Assets protection specialist vs loss prevention analyst salary

Assets protection specialists and loss prevention analysts have different pay scales, as shown below.

Assets Protection SpecialistLoss Prevention Analyst
Average salary$42,374$38,684
Salary rangeBetween $22,000 And $78,000Between $21,000 And $68,000
Highest paying CityArlington, VAUrban Honolulu, HI
Highest paying stateHawaiiHawaii
Best paying companyCredit SuisseBarclays
Best paying industryRetailFinance

Differences between assets protection specialist and loss prevention analyst education

There are a few differences between an assets protection specialist and a loss prevention analyst in terms of educational background:

Assets Protection SpecialistLoss Prevention Analyst
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 39%
Most common majorCriminal JusticeCriminal Justice
Most common collegeCalifornia State University - BakersfieldCalifornia State University - Bakersfield

Assets protection specialist vs loss prevention analyst demographics

Here are the differences between assets protection specialists' and loss prevention analysts' demographics:

Assets Protection SpecialistLoss Prevention Analyst
Average age3333
Gender ratioMale, 77.0% Female, 23.0%Male, 67.7% Female, 32.3%
Race ratioBlack or African American, 8.3% Unknown, 7.2% Hispanic or Latino, 14.3% Asian, 4.2% White, 65.7% American Indian and Alaska Native, 0.4%Black or African American, 8.3% Unknown, 7.3% Hispanic or Latino, 14.3% Asian, 4.2% White, 65.6% American Indian and Alaska Native, 0.4%
LGBT Percentage7%7%

Differences between assets protection specialist and loss prevention analyst duties and responsibilities

Assets protection specialist example responsibilities.

  • Manage safety and hazmat procedures.
  • Manage foreclosure and bankruptcy from inception to completion and mitigate all potential losses within an acceptable range.
  • Assist with maintaining sales floor and backroom safe and clean for employees, vendors, and guests following OSHA guidelines.
  • Provide plain clothes physical security in local area stores-Install and operate CCTV cameras in store.-Conduct internal/external investigations to prevent loss.
  • Respond to traffic accidents involving DOD personnel.
  • Apprehend individuals relate to crimes against Meijer.
  • Show more

Loss prevention analyst example responsibilities.

  • Manage foreclosure and bankruptcy from inception to completion and mitigate all potential losses within an acceptable range.
  • Ensure that physical security controls (CCTV, EAS, alarm systems) are operating effectively to minimize shrinkage.
  • Monitor CCTV cameras, report and apprehend shop-lifters, and walk around the store to observe anything suspicious.
  • Analyze bankruptcy and foreclosure files in order to devise a strategy to minimize loss and maximize financial recovery.
  • Protect company's assets by utilizing state-of-the-art detection and investigation surveillance system, which identify shoplifters and prevent loss of merchandise.

Assets protection specialist vs loss prevention analyst skills

Common assets protection specialist skills
  • CCTV, 26%
  • Physical Security, 20%
  • Exception Reports, 6%
  • Criminal Justice, 5%
  • POS, 4%
  • Electronic Article Surveillance, 3%
Common loss prevention analyst skills
  • Loss Prevention, 24%
  • Customer Service, 18%
  • Camera Surveillance, 5%
  • Basic Math, 5%
  • Risk Management, 4%
  • CCTV, 4%

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