Loss Prevention Managers

Requirements

Education and Training Requirements

High School

Loss prevention managers must have good math, analytical, and communication skills. To build these skills, take classes in mathematics, history, government, business, psychology, and English. Strong technology skills are needed for data research and analysis, so be sure to take computer classes that teach you how to use various software programs and databases.

Postsecondary Education

Loss prevention managers usually have a bachelors degree. Some have a degree in criminal justice, although a degree in other fields is also useful. Classes may include math, science, history, business, sociology, English, computer science, as well as risk management, crime intelligence, law enforcement essentials, among other core criminal justice topics.

Some colleges and universities, such as Northern Michigan University (NMU), offer degrees in loss prevention management. Core courses in NMUs bachelors degree program include Principles of Asset Protection; Communications in Loss Prevention; Loss Prevention Management and Human Resources; Retail Accounting and Inventory Control; Loss Prevention Data Analysis; and Principles of Retail Investigations.

Certification

Some colleges and universities offer undergraduate and graduate certificate programs in loss prevention, security and loss prevention, criminal justice, and emerging fields such as artificial intelligence. Typical classes in a loss prevention certificate program include Introduction to Criminal Justice; Principles of Asset Protection; Physical Security Technology & Systems; Liability & Legal Issues; Introduction to Computer Forensics for Criminal Justice; and Introduction to Corporate & Industrial Security. Certificate programs typically last six months to a year and are available in online, in-person, and hybrid formats. Contact schools in your area for information about available programs.

Other Education or Training

Loss prevention managers can continue to update their skills by participating in continuing education classes, webinars, and other learning opportunities that are provided by professional associations, colleges and universities, and other providers.

Many organizations—such as the International Association of Professional Security Consultants, NMA-THE Leadership Development Organization, and the National Retail Federation—offer professional development opportunities. Dont forget to utilize the educational resources of local and state-level environmental associations.

Certification, Licensing, and Special Requirements

Certification

Loss prevention managers can receive certification to advance their skills and knowledge and improve their job prospects. The Loss Prevention Foundation offers the LPQualified certification for entry-level LP professionals with less than three years of experience. It covers loss prevention practices, tools, and processes. It also offers the LPCertified designation to experienced loss prevention and asset protection professionals who work in retail. The certification program covers six major subjects: leadership principles, business principles, loss prevention operations, safety and risk management, crisis management, and supply chain security. Visit https://www.yourlpf.org/page/about_certification for more information. Loss prevention managers do not need to be licensed.

Experience, Skills, and Personality Traits

Many loss prevention managers have prior retail experience, having worked their way up through various positions to become loss prevention managers. They may have a bachelors degree in criminal justice or a related field. They receive training while on the job.

Important skills for this type of work include active listening and critical thinking. Loss prevention managers must have good interpersonal skills, particularly when interviewing employees and customers to identify the causes of loss. They have strong knowledge of public safety and security, business and management principles, law and government, and customer and personal service. They are able to identify problems and potential problems and communicate this information clearly to others. People who do best in this field are responsible, dependable, and have integrity. They are able to manage and lead teams and effectively meet the obligations of projects from start to finish. They can follow procedures and rules, and are adaptable and flexible when changes arise.