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Loss Prevention Manager

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AVG. SALARY

$123,910

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

What They Do

Loss Prevention Managers Career Video

About This Career

Plans and directs policies, procedures, or systems to prevent the loss of assets. Determines risk exposure or potential liability, and develops risk control measures.

This career is part of the Business Management and Administration cluster Management pathway.

A person in this career:

  • Coordinates or conducts internal investigations of problems such as employee theft and violations of corporate loss prevention policies.
  • Administers systems and programs to reduce loss, maintain inventory control, or increase safety.
  • Reviews loss prevention exception reports and cash discrepancies to ensure adherence to guidelines.
  • Trains loss prevention staff, retail managers, or store employees on loss control and prevention measures.
  • Investigates or interviews individuals suspected of shoplifting or internal theft.
  • Identifies potential for loss and develops strategies to eliminate it.
  • Provides recommendations and solutions in crisis situations such as workplace violence, protests, and demonstrations.
  • Hires or supervises loss prevention staff.
  • Advises retail managers on compliance with applicable codes, laws, regulations, or standards.
  • Develops and maintains partnerships with federal, state, or local law enforcement agencies or members of the retail loss prevention community.

Working Conditions and Physical Demands

People who do this job report that:

  • You would sit most of the time. There's some walking and standing. You may have to lift and carry things like books, papers or tools weighing 10 lbs. or less.
  • Work in this occupation requires being inside most of the time

Working in this career involves (physical activities):

  • Seeing clearly at a distance
  • Seeing clearly up close
  • Speaking clearly enough to be able to be understood by others
  • Identifying and understanding the speech of another person

Work Hours and Travel

  • Irregular hours
  • Weekend work

Specialty and Similar Careers

Careers that are more detailed or close to this career:

  • Logistics Loss Prevention Manager
  • Loss Prevention Operations Manager
  • Market Asset Protection Manager
  • Loss Prevention Supervisor
  • Loss Prevention Operations Director
  • Loss Prevention Director
  • Loss Control Manager
  • Asset Protection Manager