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Loss prevention associate vs loss prevention analyst

The differences between loss prevention associates and loss prevention analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a loss prevention associate has an average salary of $38,861, which is higher than the $38,684 average annual salary of a loss prevention analyst.

The top three skills for a loss prevention associate include customer service, patrol and safety standards. The most important skills for a loss prevention analyst are loss prevention, customer service, and camera surveillance.

Loss prevention associate vs loss prevention analyst overview

Loss Prevention AssociateLoss Prevention Analyst
Yearly salary$38,861$38,684
Hourly rate$18.68$18.60
Growth rate6%6%
Number of jobs82,31362,658
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 39%
Average age3333
Years of experience--

What does a loss prevention associate do?

A loss prevention associate is responsible for monitoring the organization's daily operations, maintaining the safety and security of all network systems to avoid data theft. Loss prevention associates take immediate actions on all related suspicious activities that would compromise the company's reputation and financial status. They regularly check surveillance technologies to maintain asset protection and operational stability at all times. A loss prevention associate should have excellent communication skills, both written and oral, especially on writing incident reports and escalating unusual activities to the management for immediate resolution.

What does a loss prevention analyst do?

A loss prevention analyst designs and develops loss prevention programs, typically for retail establishments. They are in charge of providing analytical services primarily to avoid or resolve cases of theft and fraud. Among their responsibilities include gathering and analyzing financial and inventory data, inspecting alarm systems and protocols, performing research and analysis to identify the best practices, determining the strengths and weaknesses of current loss prevention techniques, and implementing solutions against vulnerable areas. Furthermore, a loss prevention analyst must maintain an active communication line with managers and loss prevention officers for a smooth and efficient workflow.

Loss prevention associate vs loss prevention analyst salary

Loss prevention associates and loss prevention analysts have different pay scales, as shown below.

Loss Prevention AssociateLoss Prevention Analyst
Average salary$38,861$38,684
Salary rangeBetween $21,000 And $69,000Between $21,000 And $68,000
Highest paying CitySalisbury, MDUrban Honolulu, HI
Highest paying stateVirginiaHawaii
Best paying companyAIGBarclays
Best paying industryUtilitiesFinance

Differences between loss prevention associate and loss prevention analyst education

There are a few differences between a loss prevention associate and a loss prevention analyst in terms of educational background:

Loss Prevention AssociateLoss Prevention Analyst
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 39%
Most common majorCriminal JusticeCriminal Justice
Most common collegeCalifornia State University - BakersfieldCalifornia State University - Bakersfield

Loss prevention associate vs loss prevention analyst demographics

Here are the differences between loss prevention associates' and loss prevention analysts' demographics:

Loss Prevention AssociateLoss Prevention Analyst
Average age3333
Gender ratioMale, 68.7% Female, 31.3%Male, 67.7% Female, 32.3%
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, 8.3% Unknown, 7.3% Hispanic or Latino, 14.3% Asian, 4.2% White, 65.6% American Indian and Alaska Native, 0.4%
LGBT Percentage7%7%

Differences between loss prevention associate and loss prevention analyst duties and responsibilities

Loss prevention associate example responsibilities.

  • Manage foreclosure and bankruptcy from inception to completion and mitigate all potential losses within an acceptable range.
  • Greet customers, operate CCTV security monitors and prevent shrinkage of merchandise.
  • Job duties include the personal detainment and apprehension of retail shoplifters utilizing plain view self-observation and/or CCTV cameras.
  • Analyze bankruptcy and foreclosure files in order to devise a strategy to minimize loss and maximize financial recovery.
  • Protect company's assets by utilizing state-of-the-art detection and investigation surveillance system, which identify shoplifters and prevent loss of merchandise.

Loss prevention analyst example responsibilities.

  • Manage foreclosure and bankruptcy from inception to completion and mitigate all potential losses within an acceptable range.
  • Ensure that physical security controls (CCTV, EAS, alarm systems) are operating effectively to minimize shrinkage.
  • Monitor CCTV cameras, report and apprehend shop-lifters, and walk around the store to observe anything suspicious.
  • Analyze bankruptcy and foreclosure files in order to devise a strategy to minimize loss and maximize financial recovery.
  • Protect company's assets by utilizing state-of-the-art detection and investigation surveillance system, which identify shoplifters and prevent loss of merchandise.

Loss prevention associate vs loss prevention analyst skills

Common loss prevention associate skills
  • Customer Service, 16%
  • Patrol, 13%
  • Safety Standards, 10%
  • Loss Prevention, 10%
  • Safety Inspections, 8%
  • Cash Handling, 7%
Common loss prevention analyst skills
  • Loss Prevention, 24%
  • Customer Service, 18%
  • Camera Surveillance, 5%
  • Basic Math, 5%
  • Risk Management, 4%
  • CCTV, 4%

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