What does a Loss Prevention do?
Loss prevention specialists are responsible for preventing and minimizing theft, fraud, inventory shrinkage, and other incidents that result in a loss to the company. They control and monitor video surveillance systems. They implement loss prevention measures and configure fraud detection programs and safeguards. Their role also involves training other staff members on theft detection and prevention strategies. They manage and maintain video archives to be used as evidence if needed.
Loss prevention specialists have a high school diploma and ideally have a background in security or asset protection. They must know or be willing to research state and federal laws related to theft prevention. Familiarity with video surveillance systems and electronic loss prevention tools is helpful. These roles require the ability to stay calm in stressful situations.
Loss Prevention Salaries
Average Base Pay
Loss Prevention Insights
“The only way to get a good raise is a significant promotion or to have friends in high places.”
“Almost zero chance of moving up in the company or any real meaningful career development.”
“Can be highly variable and stressful .”
“Good hours and pay.”
“Severely underpaid considering our job is to confront potentially violent shoplifters for only slightly above minimum wage”
“The people I work with are great and are fun to work with.”
“You make your own schedule and if you perform supervision is minimal.”
“Everyone was nice and have pride in their roles.”
Loss Prevention Interviews
Loss Prevention jobs
Frequently asked questions about the role and responsibilities of a loss prevention
When working as a loss prevention, the most common skills you will need to perform your job and for career success are Excellent Communication, Microsoft Outlook, Ability to Collaborate, Excellent Customer Service and Urgency.
- Security Officer
- Security Consultant
- Security Manager
- Information Security Analyst
The most common qualifications to become a loss prevention is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.