Career Details
Career Details
Back to top

Career Details

11-9199.08 - Loss Prevention Managers


Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.


Key Facts
Expand or Shrink Accordion
Bright Outlook
1
Career Details
Green Job
Career Details
Current Employment
985,600
Estimate
Forecasted Employment
1,023,600
Estimate
Change in Employment
+38,000
Estimate
Change in Employment %
+3.9%
Estimate
Tasks
Expand or Shrink Accordion
Tasks
The tasks listed below can be performed to prepare you for a career in this field.
Core
  • Review loss prevention exception reports and cash discrepancies to ensure adherence to guidelines.
  • Perform cash audits and deposit investigations to fully account for store cash.
  • Provide recommendations and solutions in crisis situations such as workplace violence, protests, and demonstrations.
  • Monitor and review paperwork procedures and systems to prevent error-related shortages.
  • Investigate or interview individuals suspected of shoplifting or internal theft.
  • Direct installation of covert surveillance equipment, such as security cameras.
  • Advise retail establishments on development of loss-investigation procedures.
  • Visit stores to ensure compliance with company policies and procedures.
  • Verify correct use and maintenance of physical security systems, such as closed-circuit television, merchandise tags, and burglar alarms.
  • Train loss prevention staff, retail managers, or store employees on loss control and prevention measures.
  • Supervise surveillance, detection, or criminal processing related to theft and criminal cases.
  • Recommend improvements in loss prevention programs, staffing, scheduling, or training.
  • Perform or direct inventory investigations in response to shrink results outside of acceptable ranges.
  • Hire or supervise loss prevention staff.
  • Maintain documentation of all loss prevention activity.
  • Coordinate theft and fraud investigations involving career criminals or organized group activities.
  • Direct loss prevention audit programs including target store audits, maintenance audits, safety audits, or electronic article surveillance (EAS) audits.
  • Develop and maintain partnerships with federal, state, or local law enforcement agencies or members of the retail loss prevention community.
  • Coordinate or conduct internal investigations of problems such as employee theft and violations of corporate loss prevention policies.
  • Collaborate with law enforcement to investigate and solve external theft or fraud cases.
  • Assess security needs across locations to ensure proper deployment of loss prevention resources, such as staff and technology.
  • Analyze retail data to identify current or emerging trends in theft or fraud.
  • Advise retail managers on compliance with applicable codes, laws, regulations, or standards.
  • Monitor compliance to operational, safety, or inventory control procedures, including physical security standards.
  • Identify potential for loss and develop strategies to eliminate it.
  • Administer systems and programs to reduce loss, maintain inventory control, or increase safety.
Supplemental
  • Maintain databases such as bad check logs, reports on multiple offenders, and alarm activation lists.
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Knowledge
Expand or Shrink Accordion
Knowledge

The items listed below are organized into sections that contain knowledge useful for pursuing a career in this field. Each section also contains a "Percentage of Importance" statistic that shows how relevant an item is to the occupation.
 Public Safety and Security
  • 83%
    Knowledge of relevant equipment, policies, procedures, and strategies to promote effective local, state, or national security operations for the protection of people, data, property, and institutions.
 Law and Government
  • 78%
    Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
 Administration and Management
  • 76%
    Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
 English Language
  • 75%
    Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
 Education and Training
  • 75%
    Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
 Customer and Personal Service
  • 71%
    Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
 Psychology
  • 70%
    Knowledge of human behavior and performance; individual differences in ability, personality, and interests; learning and motivation; psychological research methods; and the assessment and treatment of behavioral and affective disorders.
 Computers and Electronics
  • 69%
    Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
 Personnel and Human Resources
  • 69%
    Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
 Mathematics
  • 65%
    Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
 Clerical
  • 62%
    Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
 Communications and Media
  • 58%
    Knowledge of media production, communication, and dissemination techniques and methods. This includes alternative ways to inform and entertain via written, oral, and visual media.
 Economics and Accounting
  • 55%
    Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
 Sociology and Anthropology
  • 53%
    Knowledge of group behavior and dynamics, societal trends and influences, human migrations, ethnicity, cultures and their history and origins.
 Telecommunications
  • 51%
    Knowledge of transmission, broadcasting, switching, control, and operation of telecommunications systems.
 Building and Construction
  • 51%
    Knowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads.
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Tools
Expand or Shrink Accordion
Tools
The tools listed below include machines, equipment, tools, and software that is useful for individuals who are interested in this career.
 Personal communication devices
  • Multiline telephone systems
 Computers
  • Laptop computers
  • Personal computers
 Surveillance and detection equipment
  • Security alarm systems
  • Video surveillance systems
  • Physical access control systems
  • Closed circuit television CCTV monitoring systems
 Personal safety devices or weapons
  • Fire alarm monitoring systems
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Technology
Expand or Shrink Accordion
Technology
The technologies listed below include machines, equipment, tools, and software that is useful for individuals who are interested in this career.
 Business function specific software
  • Personnel management software
  • Enabl-u Technologies APIS
  • Microsoft ProjectHOT
  • Microsoft SharePointHOT
  • Inventory tracking software
  • Microsoft OfficeHOT
 Finance accounting and enterprise resource planning ERP software
  • Financial accounting software
  • SAPHOT
  • Time reporting software
 Content authoring and editing software
  • Microsoft WordHOT
  • Microsoft PowerPointHOT
  • Work scheduling software
  • Microsoft ExcelHOT
 Data management and query software
  • Microsoft AccessHOT
  • MySQLHOT
  • Structured query language SQLHOT
  • MICROS XBR Loss Prevention
 Industry specific software
  • Point of sale POS software programs
 Operating environment software
  • Microsoft WindowsHOT
  • Microsoft operating system
 Information exchange software
  • IBM Lotus Notes
  • Microsoft OutlookHOT
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Certifications
Expand or Shrink Accordion
Certifications
The certifications listed below are useful to pursue if you are interested in a career in this field.
 Specialty
 Advanced
  • Certified Protection Professional
    1625 Prince Street, Alexandria, VA 22314-2818

  • Loss Prevention Certified
    700 Matthews Mint Hill Road, Suite C Matthews, NC 28105(866) 433-5545

 Product/Equipment
 Core
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Licensing
Expand or Shrink Accordion
Licensing
The licensing information below is organized into sections and is useful for pursuing if you are interested in a career in this field.
No specific licensing information is listed for this occupation in the area you have selected.
All data sourced from US Department of Labor, Employment & Training Administration O*Net Database.
Related Programs
Expand or Shrink Accordion
Programs related to this career, offered by participating institution(s), are listed below.

Clicking on the Degree programs in the list below will take you away from the Careers page.
INSTITUTION
PROGRAMS
Peirce College
Jobs
Expand or Shrink Accordion
Jobs related to this career may be found on Indeed.com or on the Google Job Search page.