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Loss prevention specialist vs loss prevention analyst

The differences between loss prevention specialists and loss prevention analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a loss prevention specialist has an average salary of $47,451, which is higher than the $38,684 average annual salary of a loss prevention analyst.

The top three skills for a loss prevention specialist include customer service, safety program and store management. The most important skills for a loss prevention analyst are loss prevention, customer service, and camera surveillance.

Loss prevention specialist vs loss prevention analyst overview

Loss Prevention SpecialistLoss Prevention Analyst
Yearly salary$47,451$38,684
Hourly rate$22.81$18.60
Growth rate6%6%
Number of jobs59,09462,658
Job satisfaction--
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 39%
Average age4933
Years of experience4-

What does a loss prevention specialist do?

A loss prevention specialist is responsible for maintaining the safety and security of the store premises from shoplifters and even from employees' suspicious activities. Loss prevention specialists manage the installation of surveillance devices, monitor the daily store operations, and track business and financial transactions from the database. They also coordinate with law enforcement personnel for investigation on theft cases and other related retail complications. A loss prevention specialist must have excellent communication and critical-thinking skills, especially on preparing incident reports and apprehending violators.

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 specialist vs loss prevention analyst salary

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

Loss Prevention SpecialistLoss Prevention Analyst
Average salary$47,451$38,684
Salary rangeBetween $25,000 And $87,000Between $21,000 And $68,000
Highest paying CitySan Francisco, CAUrban Honolulu, HI
Highest paying stateHawaiiHawaii
Best paying companyBooz Allen HamiltonBarclays
Best paying industryAutomotiveFinance

Differences between loss prevention specialist and loss prevention analyst education

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

Loss Prevention SpecialistLoss Prevention Analyst
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 39%
Most common majorCriminal JusticeCriminal Justice
Most common collegeCalifornia State University - BakersfieldCalifornia State University - Bakersfield

Loss prevention specialist vs loss prevention analyst demographics

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

Loss Prevention SpecialistLoss Prevention Analyst
Average age4933
Gender ratioMale, 72.0% Female, 28.0%Male, 67.7% Female, 32.3%
Race ratioBlack or African American, 5.9% Unknown, 7.3% Hispanic or Latino, 11.9% Asian, 1.2% White, 71.9% American Indian and Alaska Native, 1.8%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 Percentage18%7%

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

Loss prevention specialist example 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.
  • Review surveillance footage, POS data, and video of clients operations for theft and operational deficiencies.
  • Patrol areas need by management to watch out and see if there is any attempting to steal within the store.
  • Show more

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 specialist vs loss prevention analyst skills

Common loss prevention specialist skills
  • Customer Service, 48%
  • Safety Program, 15%
  • Store Management, 12%
  • CCTV, 3%
  • Criminal Justice, 3%
  • Emergency Situations, 2%
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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