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Loss control manager skills for your resume and career

Updated January 8, 2025
6 min read
Below we've compiled a list of the most critical loss control manager skills. We ranked the top skills for loss control managers based on the percentage of resumes they appeared on. For example, 14.5% of loss control manager resumes contained risk management as a skill. Continue reading to find out what skills a loss control manager needs to be successful in the workplace.

15 loss control manager skills for your resume and career

1. Risk Management

Risk management is the method of recognizing, evaluating, and managing risks to an organization's resources and profits. Financial insecurity, regulatory liability, strategic management mistakes, incidents, and natural hazards are just some of the challenges or dangers that could arise. For digitalized businesses, IT security vulnerabilities and data-related threats, as well as risk management techniques to mitigate them, have become top priorities.

Here's how loss control managers use risk management:
  • Designed and managed implementations of solutions in support of Loss Control initiatives for the Southern Territory Risk Management Department.
  • Provided risk management and loss control services to nationwide clients to include manufacturing, construction and telecommunication companies.

2. OSHA

Here's how loss control managers use osha:
  • Mentored facility managers in OSHA compliance to delegate program management functions to local personnel.
  • Ensured compliance with workers compensation and OSHA regulations by properly documenting and investigating employee accidents

3. Loss Mitigation

Here's how loss control managers use loss mitigation:
  • Provided support to department supervisor and facilitated loss mitigation activities to recommend negotiated settlements that maximized recovery and minimized losses.
  • Develop new strategies that will identify potential opportunities for Loss Mitigation efforts and to help stabilize affected delinquent communities.

4. Safety Training

The guidance and skills taught to workers and employees of a company to carry out their duties safely and efficiently are referred to as safety training. The purpose of safety training is to inform workers about the potential and risks associated with this kind of work and to teach them ways to avoid such risks.

Here's how loss control managers use safety training:
  • Developed and implemented Corporate Safety Awareness and Safety Training Programs, which realized a 98-percent reduction in employee injury.
  • Developed construction-oriented safety training classes and test materials.

5. Occupational Safety

Occupational safety, also known as occupational health, deals with preventing diseases, injuries, and deaths that arise because of working conditions.

Here's how loss control managers use occupational safety:
  • Specialize in fire protection, occupational safety and occupational health.
  • Developed occupational safety control and loss control policies.

6. Loss Control

Loss control is a set of measures taken by a financial expert or organization to reduce insurance policy losses. A financial expert will assess and analyze a property for signs of damage and develop loss control measures to mitigate potential risks. The aim of loss control is risk management and saving company assets from future losses.

Here's how loss control managers use loss control:
  • Developed and drafted written loss control procedural guidelines that leadership members implemented and utilized as a formal loss control standard.
  • Provide commercial loss control inspection services for various insurance companies and managing general agencies, who underwrites insurance policy.

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7. Foreclosure

Foreclosure is a term that refers to the legal process used by mortgage holders to take over mortgage real estate from borrowers who are unable to pay their mortgages. Foreclosure allows the lenders to collect the amount owed on the defaulted loan by taking possession of the asset which is used as collateral for the loan or by forcing it to sell.

Here's how loss control managers use foreclosure:
  • Recommended foreclosure prevention alternative offered to the homeowner to ensure all investor / insurer guidelines were followed.
  • Monitored third party collection agencies for recovery of charged off loans, repossession companies foreclosure attorneys.

8. Loss Prevention

The steps taken by a business to prevent theft is called loss prevention. There are multiple methods for loss prevention for example usage of automated cash handling, secure physical location, product security staff buy-in, and attentive customer service.

Here's how loss control managers use loss prevention:
  • Managed claim and loss prevention department Managed collections department.
  • Worked closely with store management to develop and integrate new polices and procedures in respect to safety and loss prevention issues.

9. Safety Program

Safety programs are a series of measures to protect employees from any mishaps and make the work environment safer. Safety programs include checklists, guidelines, and direct procedures that a specific area or department must follow. Safety programs take care of office space safety, maintenance and repairs, and identification of frauds as well.

Here's how loss control managers use safety program:
  • Reviewed safety compliance procedures and provided relevant safety documents to assist clients in establishing and maintaining safety programs.
  • Assist with establishing and developing effective and comprehensive safety programs incorporating behavior based safety and strong organizational culture.

10. Internal Investigations

Investigations that are conducted to inquire about any organization's internal matters and operations are termed an internal investigation. Internal investigations are commonly held due to the allegations of embezzlement, corruption, harassment, or other charges. Some companies also conduct internal investigations to keep themselves diligent and safeguard themselves from any unwanted charges.

Here's how loss control managers use internal investigations:
  • Conducted internal investigations through camera surveillance of all employees.
  • Conduct internal investigations for fraud and theft cases for approximately 25 plus stores in a 5 state area.

11. REO

Here's how loss control managers use reo:
  • Developed additional loan analysis reports: Workout, Loan Loss severity, Charge-Off, Foreclose and REO losses.
  • Manage and oversee reversal of REO Inventory to an active loan population.

12. General Liability

Here's how loss control managers use general liability:
  • Administrated claims for workers' compensation, auto, general liability, and property for plant and 37 corporate retail locations.
  • Represented Bath Fitter in Workers' Compensation, Auto Insurance, General Liability, and EEOC litigation.

13. Investor Guidelines

An investor guideline refers to general standards, strategies, and parameters relating to investments; the set guidelines get altered from time-to-time.

Here's how loss control managers use investor guidelines:
  • Maintain current in-depth knowledge of mortgage investor guidelines for Delinquent Loan Servicing requirements.
  • Work closely with all investors on loan workouts, to insure investor guidelines and reporting requirements were followed.

14. Staff Development

Here's how loss control managers use staff development:
  • Helped prevent internal/external theft and paperwork shortages through staff development and by conducting inventory control audits.
  • Managed staff development, performance, resource allocation, and quality barometers to ensure overall performance of the team.

15. FDCPA

Here's how loss control managers use fdcpa:
  • Reviewed daily work of Collateral Recovery Associates for accuracy, skip-tracing techniques and compliance with FDCPA and GLBA.
  • Enforced QA process to ensure company secure against FDCPA violations.
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List of loss control manager skills to add to your resume

Loss control manager skills

The most important skills for a loss control manager resume and required skills for a loss control manager to have include:

  • Risk Management
  • OSHA
  • Loss Mitigation
  • Safety Training
  • Occupational Safety
  • Loss Control
  • Foreclosure
  • Loss Prevention
  • Safety Program
  • Internal Investigations
  • REO
  • General Liability
  • Investor Guidelines
  • Staff Development
  • FDCPA
  • Training Programs
  • Safety Inspections
  • Lieu
  • Loan Modifications
  • Executive Management
  • FHA
  • HR
  • Insurance Carriers
  • Process Improvement
  • Risk Assessments
  • GSE
  • Workers Compensation Claims
  • CCTV
  • Performance Reviews
  • Performance Evaluations
  • Mortgage Loans
  • Inventory Control
  • Direct Reports
  • FNMA
  • Insurance Claims
  • Internal Controls
  • Fall Protection
  • Customer Complaints
  • Professional Development
  • Arbitration
  • KPI
  • Loan Portfolio
  • Collection Efforts
  • External Theft
  • QA
  • Upper Level Management
  • Internal Theft

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

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