What does a Loss Prevention Specialist 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.
How much does a Loss Prevention Specialist make near United States?
Base Pay
Additional Pay
$49,977
/ yrLoss Prevention Specialist Career Path
Learn how to become a Loss Prevention Specialist, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Years of Experience Distribution
Loss Prevention Specialist Insights
SWBC“Everyone is illiterate and don't know math. Figure reading comprehension is roughly 5th grade remedial”
Amazon“I have learned so much and have been asked to participate in a variety of projects that have really helped me improve my skills.”
Fry's Electronics“Flexibility and great people to work with.”
Walmart“Great working there it was fun”
Ritz-Carlton“Good working culture and enjoyed working”
TJ Maxx“Required to work weekends and holidays despite noting that is not always free availability.”
DTiQ“You make your own schedule and if you perform supervision is minimal.”
TJ Maxx“Does a good job training and helping to prepare you for furthering your career.”
Frequently asked questions about the roles and responsibilities of a Loss Prevention Specialist
- Laborer
- Forklift Operator
- Warehouse Worker
- Security Officer
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Question for you all. I was let go from my company for processing policy changes that led to me receiving extra pay...issue is I was not aware until termination day I was even receiving the pay unethically and no training or corrective plan was offered before this situation became known. I lost my job, 250k bonus retirement and confidence in how this company operates. Did I get screwed over?