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What is a loss prevention specialist and how to become one

Updated January 8, 2025
5 min read
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A loss prevention specialist is someone responsible for protecting a company's assets by identifying and preventing theft, fraud, and other forms of loss. They are employed by various businesses to develop and implement security measures that mitigate risks. A loss prevention specialist conducts investigations into suspicious activities, audits company procedures, and trains employees on loss prevention best practices.The ultimate goal of a loss prevention specialist is to minimize financial losses for the company.

ScoreLoss Prevention SpecialistUS Average
Salary
3.7

Avg. Salary $47,451

Avg. Salary $59,228

Stability level
6.3

Growth rate 6%

Growth rate 0.3%

Diversity
1.8
Race

American Indian and Alaska Native 1.81%

Asian 1.20%

Black or African American 5.85%

Hispanic or Latino 11.94%

Unknown 7.26%

White 71.93%

Gender

female 28.04%

male 71.96%

Age - 49
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 - 49
Stress level
6.3

Stress level is manageable

7.1 - high

Complexity level
6.3

Complexity level is intermediate

7 - challenging

Work life balance
7.3

Work life balance is good

6.4 - fair

What are the pros and cons of being a loss prevention specialist?

Pros

  • Provides a sense of purpose in protecting company assets

  • Provides skills in surveillance and investigation

  • Potential for competitive pay and benefits

  • Collaborative work environment with other loss prevention professionals

  • Can lead to a career in law enforcement or security

Cons

  • May require working overnight or irregular hours

  • Can be emotionally taxing when dealing with difficult situations or employees

  • Requires physical fitness and ability to pursue suspects on foot if necessary

  • May encounter resistance or hostility from employees or customers

  • Can involve repetitive tasks, such as watching surveillance footage for extended periods of time

Loss prevention specialist career paths

Key steps to become a loss prevention specialist

  1. Explore loss prevention specialist education requirements

    Most common loss prevention specialist degrees

    Bachelor's

    46.4 %

    Associate

    26.0 %

    High School Diploma

    16.5 %
  2. Start to develop specific loss prevention specialist skills

    SkillsPercentages
    Customer Service48.18%
    Safety Program15.02%
    Store Management12.32%
    CCTV2.85%
    Criminal Justice2.62%
  3. Complete relevant loss prevention specialist training and internships

    Accountants spend an average of 1-2 years on post-employment, on-the-job training. New loss prevention specialists 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 prevention specialist based on U.S. Bureau of Labor Statistics data and data from real loss prevention specialist resumes.
  4. Gain additional loss prevention specialist certifications

    Loss prevention specialist certifications can show employers you have a baseline of knowledge expected for the position. Certifications can also make you a more competitive candidate. Even if employers don't require a specific loss prevention specialist certification, having one may help you stand out relative to other applicants.

    The most common certifications for loss prevention specialists include Certified Criminal Justice Specialist (CCJS) and Certified Billing and Coding Specialist (CBCS).

    More About Certifications
  5. Research loss prevention specialist duties and responsibilities

    • Manage foreclosure and bankruptcy from inception to completion and mitigate all potential losses within an acceptable range.
    • Maintain all aspects of store security, including motion cameras and EAS security systems.
    • Maintain a working knowledge of the store's alarm system and EAS system.
    • Conduct internal investigations base on POS exceptions reports, known shortages or confidential tips/leads.
  6. Prepare your loss prevention specialist resume

    When your background is strong enough, you can start writing your loss prevention specialist 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 prevention specialist 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 prevention specialist resume templates

    Build a professional loss prevention specialist 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 prevention specialist resume.
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    Loss Prevention Specialist Resume
  7. Apply for loss prevention specialist jobs

    Now it's time to start searching for a loss prevention specialist job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first loss prevention specialist job

Zippi

Are you a loss prevention specialist?

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Average loss prevention specialist salary

The average loss prevention specialist salary in the United States is $47,451 per year or $23 per hour. Loss prevention specialist salaries range between $25,000 and $87,000 per year.

Average loss prevention specialist salary
$47,451 Yearly
$22.81 hourly

What am I worth?

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How do loss prevention specialists rate their job?

-/5

5 stars

4 stars

3 stars

2 stars

1 star

Loss prevention specialist reviews

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A zippia user wrote a review on Jun 2020
Cons

Disclosing results sometime is difficult but I mature in it daily.


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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.

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