How To Become A Loss Control Consultant: What It Is and Career Path

What is a loss control consultant and how to become one

Updated January 8, 2025

4 min read

Loss control consultants are responsible for interpreting risk for complicated industrial and commercial purposes. They develop innovative ways for insurance companies to offer cost-effective coverage and survey businesses for property or casualty concerning worker's compensation. They also identify potential exposures to loss and how a business can afford it. Loss control consultants earn an average salary of $90,000 annually or $43 per hour.

Loss control consultants usually work for various companies, ranging from a private agency to an insurance company. Their duties include building and maintaining professional networks and channels of communication inside and outside the organization. They gather and communicate pertinent safety information to assist in the risk selection part of the underwriting process.

Loss control consultants mostly hold a bachelor's degree in business, accounting, or other related fields. They are expected to have years of managerial experience and as a mechanical engineer. They are also expected to maintain the database for all industrial inspections performed each quarter and help larger clients identify immediate areas of risk.

ScoreLoss Control ConsultantUS Average

Salary

6.4

Avg. Salary $82,202

Avg. Salary $59,228

Stability level

10.0

Growth rate 6%

Growth rate 0.3%

Diversity

3.4

Race

American Indian and Alaska Native 0.66%

Asian 8.98%

Black or African American 7.62%

Hispanic or Latino 12.77%

Unknown 4.70%

White 65.27%

Gender

female 24.78%

male 75.22%

Age - 47

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 47

Stress level

10.0

Stress level is very high

7.1 - high

Complexity level

8.9

Complexity level is advanced

7 - challenging

Work life balance

3.4

Work life balance is poor

6.4 - fair

Key steps to become a loss control consultant

Explore loss control consultant education requirements

Most common loss control consultant degrees

Bachelor's

69.3 %

Associate

13.9 %

Master's

11.2 %

Start to develop specific loss control consultant skills

Skills	Percentages
Safety Issues	15.21%
Safety Practices	14.07%
Workers Compensation	12.51%
Risk Assessments	10.02%
Business Operations	9.74%

Complete relevant loss control consultant training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New loss control consultants learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a loss control consultant based on U.S. Bureau of Labor Statistics data and data from real loss control consultant resumes.

Gain additional loss control consultant certifications

Loss control consultant certifications can show employers you have a baseline of knowledge expected for the position. Certifications can also make you a more competitive candidate. Even if employers don't require a specific loss control consultant certification, having one may help you stand out relative to other applicants.

The most common certifications for loss control consultants include OSHA Safety Certificate and Certified Public Accountant (CPA).

More About Certifications

Research loss control consultant duties and responsibilities

Manage disposition of REO's from acquisition to close of sale.
Evaluate existing written programs, quality of safety training and documentation provide, and evaluate compliance with OSHA performance orientate standards.
Perform loan modifications along with underwriters, establish deeds in lieu as well as short sales, and schedule sheriff sales.
Interact with offshore accounting team to ensure accurate monthly reconciliations and produce financial statements.

Prepare your loss control consultant resume

When your background is strong enough, you can start writing your loss control consultant resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a loss control consultant resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable loss control consultant resume templates

Build a professional loss control consultant resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your loss control consultant resume.