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

What is a loss control manager and how to become one

Updated January 8, 2025

3 min read

No matter the severity, any loss can have a detrimental effect on an organization. For this reason, companies have loss control managers to mitigate risks and minimize loss--or prevent it altogether.

Developing and implementing loss control and risk management programs are the main duties of a loss control manager. These programs are designed to mitigate and minimize risks related to operations, insurance, and other financial aspects. Loss control managers are the ones that design these programs based on research and past incidents within the organization, as well as any relevant laws and regulations in terms of loss control.

At the very least, the role of a loss control manager typically requires a bachelor's degree. Business, management, finance, and criminal justice are common majors. In terms of soft skills, a loss control manager needs to be good at communication, organization, planning, and leadership. More importantly, they need to have an extremely keen eye for detail to spot potential risks in the organization.

ScoreLoss Control ManagerUS Average

Salary

6.7

Avg. Salary $86,305

Avg. Salary $59,228

Diversity

3.6

Race

American Indian and Alaska Native 0.66%

Asian 7.37%

Black or African American 7.72%

Hispanic or Latino 12.96%

Unknown 4.71%

White 66.58%

Gender

female 29.05%

male 70.95%

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 manager

Explore loss control manager education requirements

Most common loss control manager degrees

Bachelor's

65.4 %

Associate

16.4 %

Master's

7.8 %

Start to develop specific loss control manager skills

Skills	Percentages
Risk Management	14.49%
OSHA	11.25%
Loss Mitigation	9.98%
Safety Training	8.72%
Occupational Safety	7.60%

Complete relevant loss control manager training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New loss control managers 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 manager based on U.S. Bureau of Labor Statistics data and data from real loss control manager resumes.

Research loss control manager duties and responsibilities

Manage all internal, external, and fraud investigations and develop partnerships with law enforcement to coordinate criminal investigations or prosecutions.
Mentore facility managers in OSHA compliance to delegate program management functions to local personnel.
Ensure compliance with workers compensation and OSHA regulations by properly documenting and investigating employee accidents
Recommend foreclosure prevention alternative offer to the homeowner to ensure all investor / insurer guidelines are followed.

Prepare your loss control manager resume

When your background is strong enough, you can start writing your loss control manager 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 manager 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 manager resume templates

Build a professional loss control manager 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 manager resume.