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Loss control representative vs loss control consultant

The differences between loss control representatives and loss control consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a loss control consultant has an average salary of $82,202, which is higher than the $54,279 average annual salary of a loss control representative.

The top three skills for a loss control representative include customer service, OSHA and rehabilitation. The most important skills for a loss control consultant are safety issues, safety practices, and workers compensation.

Loss control representative vs loss control consultant overview

Loss Control RepresentativeLoss Control Consultant
Yearly salary$54,279$82,202
Hourly rate$26.10$39.52
Growth rate-3%6%
Number of jobs38,21638,787
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 69%
Average age3347
Years of experience-6

What does a loss control representative do?

A loss control representative is responsible for inspecting and preparing reports for the purpose of insurance underwriting. As a loss control representative, you will communicate with both prospective clients and the insured. You will be responsible for developing plans to minimize the probability of loss. Other duties that you will perform include providing loss control support to agents and identifying hazards with insured accounts to prevent injury. Additionally, you are also responsible for complying with local, state, and, federal safety regulations.

What does a loss control consultant do?

A loss control consultant will usually work for an insurance company, a private agency, or as an independent consultant firm. They could also be referred to as an LLC. The main role is to survey businesses for property or casualty concerning worker's compensation, automobiles, and liability in general. They identify potential exposures to loss and how a business can avoid this loss. These professionals find ways to protect employees from injuries, loss of products due to shoplifting, or avoiding financial liability related to accidents.

Loss control representative vs loss control consultant salary

Loss control representatives and loss control consultants have different pay scales, as shown below.

Loss Control RepresentativeLoss Control Consultant
Average salary$54,279$82,202
Salary rangeBetween $28,000 And $102,000Between $60,000 And $111,000
Highest paying CityNew Britain, CTSan Francisco, CA
Highest paying stateConnecticutAlaska
Best paying companyAIGW. R. Berkley
Best paying industry-Finance

Differences between loss control representative and loss control consultant education

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

Loss Control RepresentativeLoss Control Consultant
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Loss control representative vs loss control consultant demographics

Here are the differences between loss control representatives' and loss control consultants' demographics:

Loss Control RepresentativeLoss Control Consultant
Average age3347
Gender ratioMale, 52.9% Female, 47.1%Male, 75.2% Female, 24.8%
Race ratioBlack or African American, 8.5% Unknown, 7.2% Hispanic or Latino, 14.7% Asian, 4.2% White, 65.0% American Indian and Alaska Native, 0.4%Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 9.0% White, 65.3% American Indian and Alaska Native, 0.7%
LGBT Percentage7%10%

Differences between loss control representative and loss control consultant duties and responsibilities

Loss control representative example responsibilities.

  • Manage Facebook and patient communication programs.
  • Provide supervisor and top management coaching towards reaching their safety, loss prevention and OSHA compliance goals.
  • Offer foreclosure options such as deed in lieu, loan modification and short sales on their property.
  • Work closely with customers to formulate and implement safety and health practices in compliance with OSHA and NFPA standards.
  • Protect company assets through CCTV surveillance and floor work while conducting internal and external investigations.
  • Enforce loan workouts, forbearance, stipulations, modifications, as well as deed in lieu transactions.
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Loss control consultant example 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.
  • Enforce QA process to ensure company secure against FDCPA violations.
  • Approve or decline short sale offers for the investors on REO properties.
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Loss control representative vs loss control consultant skills

Common loss control representative skills
  • Customer Service, 22%
  • OSHA, 8%
  • Rehabilitation, 7%
  • Data Entry, 6%
  • NFPA, 6%
  • Construction Projects, 5%
Common loss control consultant skills
  • Safety Issues, 15%
  • Safety Practices, 14%
  • Workers Compensation, 13%
  • Risk Assessments, 10%
  • Business Operations, 10%
  • General Liability, 9%

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