Similar careers
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.
Loss Prevention Managers are responsible for implementing strategies and procedures to reduce theft, fraud, and losses within an organization, typically in a retail or corporate setting. They oversee security measures, conduct investigations, and work to prevent internal and external theft.
Education: Bachelor's degree
Years in related career: Less than 5 years
On-the-job training: None
Projected Growth: 3.3% (average)
Annual job openings: 106 700
Direct AI exposure: 11% of tasks
Potential AI exposure: 62% of tasks
| Income data is from Employment and Social Development Canada's 2025 wage tables. The closest match for this career in Canada’s occupational classification system is Other Business Services Managers. According to the wage tables, average income is $102K per year. | ||||
|---|---|---|---|---|
| Bottom 10% | Bottom 25% | Median (average) | Top 25% | Top 10% |
| $64K per year | $80K per year | $102K per year | $130K per year | $179K per year |
| Compared to other careers: Median is $37K above the national average. | ||||
These managers usually work in retail environments, corporate offices, or warehouses. The role involves both office work and active surveillance in the field. Loss Prevention Managers may work irregular hours, including nights and weekends, and may be required to respond to incidents at any time.
Loss Prevention Managers play a critical role in protecting a company's assets and bottom line. They must stay abreast of the latest security technology and techniques to deter theft and fraud effectively. This role requires a keen eye for detail and the ability to analyze patterns and trends in theft and loss data.
Strong leadership and communication skills are essential, as Loss Prevention Managers often lead a team and collaborate across various departments. They are also responsible for training employees on loss prevention strategies and creating a culture of awareness and security.
The role can be challenging but rewarding, particularly when successful strategies lead to reduced losses and a safer work environment. It's a career that offers variety and the opportunity to make significant impacts within an organization.
A bachelor's degree in criminal justice, business administration, or a related field is common, but not always required. Experience in law enforcement, security, or retail can be equally valuable.
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.
