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Loss Prevention Career Requirements
Goods and services businesses rely on loss prevention professionals to cut losses from internal theft, fraud, shoplifting, robbery, or damaged inventory. The insurance industry, for example, employs career loss prevention employees to investigate claims for accuracy. Retail stores and commercial chains depend on loss prevention auditors and store detectives to collect data for sharing with law enforcement agencies and internal bookkeepers.
Loss prevention career requirements begin with the completion of at least a high school diploma or GED. Many employers--banks, insurance companies, retail chains--sponsor their own internal training programs and seminars for loss prevention workers. Online and campus-based vocational schools and colleges offer degrees and certificate programs in law enforcement, security, and insurance claims processing.
Training for Loss Prevention Careers
Those seeking advancement in the loss prevention career fields may need to satisfy requirements for ongoing or continuing education in security or law enforcement techniques, surveillance, criminal codes, tactical procedures, and safety. Post-secondary training in forensics, software, or Chartered Property-Casualty Underwriter designations can lead to advancement in insurance, manufacturing, and commercial settings.
Commercial loss prevention officers may also be asked to complete specialized training in alarm systems and surveillance equipment used in the protection of commercial assets, including merchandise, hardware, on-hand cash, furnishings, doors, and windows. Fraud investigators with a criminology background may be hired to evaluate credit card payments.
Personal skills required for success in a loss prevention career can include having a sound reasoning aptitude, keen observational abilities, an even temperament, good physical condition, and the ability to learn and industry enforce rules and regulations.
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