Loss control manager vs manager

The differences between loss control managers and managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a loss control manager and a manager. Additionally, a loss control manager has an average salary of $86,305, which is higher than the $58,651 average annual salary of a manager.

The top three skills for a loss control manager include risk management, OSHA and loss mitigation. The most important skills for a manager are customer service, payroll, and food safety.

Loss control manager vs manager overview

	Loss Control Manager	Manager
Yearly salary	$86,305	$58,651
Hourly rate	$41.49	$28.20
Growth rate	-	6%
Number of jobs	34,777	1,236,194
Job satisfaction	-	4.57
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 49%
Average age	47	44
Years of experience	6	6

What does a loss control manager do?

A loss control manager is responsible for the management of possible financial loss within a company or an enterprise. They are the person who develops and administers management programs on insurance and operations to prevent risk, as well as creating an action plan to resolve the possible loss of finances and assets. Managers determine potential liabilities by developing ways and control measures to protect and secure a company's financial stability. They are also the one who solves different issues like shoplifting, fraudulent activity, and crimes like theft and robbery.

What does a manager do?

Managers are responsible for a specific department, function, or employee group. They oversee their assigned departments and all the employees under the department. Managers are responsible that the department they are handling is functioning well. They set the department goals and the steps they must take to achieve the goals. They are also in charge of assessing the performance of their departments and their employees. Additionally, managers are responsible for interviewing prospective candidates for department vacancies and assessing their fit to the needs of the department. Managers also set the general working environment in the department, and they are expected to ensure that their employees remain motivated.

Loss control manager vs manager salary

Loss control managers and managers have different pay scales, as shown below.

	Loss Control Manager	Manager
Average salary	$86,305	$58,651
Salary range	Between $61,000 And $121,000	Between $37,000 And $92,000
Highest paying City	-	-
Highest paying state	-	New Jersey
Best paying company	-	-
Best paying industry	-	Finance

Differences between loss control manager and manager education

There are a few differences between a loss control manager and a manager in terms of educational background:

	Loss Control Manager	Manager
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 49%
Most common major	Business	Business
Most common college	California State University - Bakersfield	University of Pennsylvania

Loss control manager vs manager demographics

Here are the differences between loss control managers' and managers' demographics:

	Loss Control Manager	Manager
Average age	47	44
Gender ratio	Male, 70.9% Female, 29.1%	Male, 51.0% Female, 49.0%
Race ratio	Black or African American, 7.7% Unknown, 4.7% Hispanic or Latino, 13.0% Asian, 7.4% White, 66.6% American Indian and Alaska Native, 0.7%	Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5%
LGBT Percentage	10%	10%

Differences between loss control manager and manager duties and responsibilities

Loss control manager example 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.
Manage all internal, external, and fraud investigations and develop partnerships with law enforcement to coordinate criminal investigations or prosecutions.

Manager example responsibilities.

Manage both BOH and FOH operations exceeding company specifications.
Manage logistics and security for high net worth individuals and corporations.
Manage budgets and payroll records, review financial transactions to assure expenditures are authorize and budget.
Guide and manage the administrative day-to-day academic program and the implementation of strategies by providing leadership to faculty and staff.
Provide leadership and direction to facility management and program owners while motivating and interacting with employees to achieve continuous improvement.
Customer-Orient with experience with POS systems, food preparation and safety regulations.

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Loss control manager vs manager skills

Common loss control manager skills

Risk Management, 14%
OSHA, 11%
Loss Mitigation, 10%
Safety Training, 9%
Occupational Safety, 8%
Loss Control, 7%

Common manager skills

Customer Service, 19%
Payroll, 9%
Food Safety, 8%
Financial Statements, 4%
Management, 4%
PowerPoint, 4%

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Updated January 8, 2025

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