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Loss Recovery Analyst Jobs in Ohio (NOW HIRING)

Senior Collector

Marietta, OH · On-site

$13.25 - $17.75/hr

... or indirect portfolios, loss recovery, etc. * Identify, evaluate, and resolve reasons for ... Strong analytical skills with experience using data to drive successful actions and results.

... and recovering from fraudulent activity across all banking products and services. This role ... financial loss, and strengthen fraud prevention strategies. The role also involves triaging ...

... and recovering from fraudulent activity across all banking products and services. This role ... financial loss, and strengthen fraud prevention strategies. The role also involves triaging ...

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Loss Recovery Analyst information

What is a loss recovery analyst?

A Loss Recovery Analyst is a professional responsible for identifying, investigating, and recovering financial losses incurred by a company due to fraud, errors, disputes, or other irregularities. They analyze transactions, review documentation, and work closely with other departments or external entities to reclaim lost funds. Their role often involves using data analysis tools and adhering to regulatory guidelines to ensure accurate recovery processes and minimize future losses.

How does a loss recovery analyst typically collaborate with other departments within a financial institution?

Loss Recovery Analysts work closely with departments such as collections, legal, risk management, and customer service. They coordinate with collections teams to review delinquent accounts, partner with legal teams to ensure compliance with recovery processes, and communicate with risk management to identify trends and prevent future losses. This cross-functional collaboration helps streamline recovery efforts, ensures accurate record-keeping, and supports effective resolution strategies. Strong communication and teamwork skills are essential for success in this role.

What are the key skills and qualifications needed to thrive as a loss recovery analyst, and why are they important?

To thrive as a Loss Recovery Analyst, you need strong analytical abilities, attention to detail, and a background in finance, accounting, or a related field, often supported by a bachelor's degree. Familiarity with risk management software, financial databases, and case management systems, as well as certifications like CFE (Certified Fraud Examiner), are commonly required. Excellent communication, problem-solving skills, and persistence help professionals excel in recovering losses and negotiating with stakeholders. These competencies are crucial for accurately identifying recoverable assets, minimizing company losses, and ensuring compliance with legal and regulatory standards.

What is the difference between Loss Recovery Analyst vs Claims Analyst?

AspectLoss Recovery AnalystClaims Analyst
CredentialsTypically requires a bachelor's degree in finance, accounting, or related field; certifications like CPCU or ARM are commonSimilar educational background; certifications like CPCU or ARM also advantageous
Work EnvironmentUsually in insurance companies, financial institutions, or legal settingsPrimarily in insurance companies, adjusting firms, or legal departments
Industry UsageFocuses on recovering losses through negotiations, legal action, or insurance claimsHandles processing, evaluating, and settling insurance claims

While both roles operate within the insurance and financial sectors and may share similar credentials, the Loss Recovery Analyst primarily focuses on recovering losses through negotiations and legal avenues, whereas the Claims Analyst manages the processing and settlement of insurance claims. Understanding these distinctions helps job seekers identify the right career path based on their skills and interests.

What are popular job titles related to Loss Recovery Analyst jobs in Ohio?

For Loss Recovery Analyst jobs in Ohio, the most frequently searched job titles are:

What cities in Ohio are hiring for Loss Recovery Analyst jobs?

Cities in Ohio with the most Loss Recovery Analyst job openings:

Loss Prevention Coordinator

Signet Jewelers Ltd.

Akron, OH • On-site

Full-time

Posted 18 days ago


Signet Jewelers rating

6.9

Company rating: 6.9 out of 10

Based on 299 frontline employees who took The Breakroom Quiz

16th of 30 rated jewelry retailers


Job description

We have many opportunities available on our other career site pages. Click here to link to our careers page!
Signet Jewelers is the world's largest retailer of diamond jewelry, operating more than 2,800 stores worldwide under the iconic brands: Kay Jewelers, Zales, Jared, H.Samuel, Ernest Jones, Peoples, Banter by Piercing Pagoda, Rocksbox, JamesAllen.com and Diamonds Direct. We are a people-first company and this core value is at the heart of everything we do, from empowering our valued team members, to collaborating with our customers, to fostering the communities in which we live and serve. People - and the love their actions inspire - are what drive us. We're not only proud of the love we inspire outside our walls, we're especially proud of the diversity, inclusion and equity we're inspiring inside. There are dynamic career paths awaiting you - rewarding opportunities to impact the lives of others and inspire love. Join us!
Position location: Akron, OH - ONSITE
The Loss Prevention Coordinator provides administrative, analytical, and investigative support to the Loss Prevention Department. This role supports case management, loss reporting, financial reconciliation, law enforcement partnerships, and prosecution activities while maintaining accurate and confidential records.
Key Responsibilities
  • Support Regional Loss Prevention Managers with MPC report reconciliation, inventory adjustment requests, and review and approval of loss submissions in accordance with company guidelines.
  • Maintain and analyze departmental reports, including weekly case activity, district alignment, external loss tracking, controllable incidents, employee injuries, and other operational metrics.
  • Manage Loss Prevention correspondence and restitution activities, including processing mail, maintaining restitution records, filing court documents, and distributing legal and investigative communications.
  • Maintain accurate case records and prosecution documentation within the Loss Prevention Management System (LPMS).
  • Enter and update case information, review internal theft statements, prepare investigative documentation, and compile evidence such as loss calculations, merchandise images, surveillance documentation, and other materials needed for criminal prosecution and civil recovery.
  • Partner with law enforcement, prosecutors, and external investigative organizations to support criminal investigations, repeat offender tracking, and organized retail crime initiatives.
  • Create and maintain BOLO (Be On the Lookout) alerts, offender intelligence packets, and other investigative communications for distribution to appropriate internal and external partners.
  • Support financial reconciliation and loss accounting activities, including transfers, journal entries, uninsured loss account balancing, replenishment requests, and documentation for robbery and burglary claims.
  • Protect and maintain confidential and sensitive investigative information in accordance with company policies and procedures.
  • Perform other duties and special projects as assigned.

Key Skills and Qualifications
  • Strong ability to build and maintain collaborative relationships with field Loss Prevention teams, law enforcement, prosecutors, and external investigative partners.
  • Experience gathering, organizing, and presenting information or evidence for investigative or legal purposes.
  • Strong analytical, organizational, and problem-solving skills with exceptional attention to detail.
  • Proficiency with Microsoft Excel, case management systems, and investigative databases.
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
  • Demonstrated ability to handle sensitive and confidential information with discretion and professionalism.
  • Knowledge of retail Loss Prevention, organized retail crime, investigations, or related practices preferred.
  • Strong written and verbal communication skills.

What Signet Jewelers employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


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About Signet Jewelers

Sourced by ZipRecruiter

At Kay, we know that love is unstoppable. Which is why we're devoted to helping customers Celebrate Life and Express Love in ways every bit as dynamic as they are memorable. From classic must-haves to the latest trends, our selection of quality, responsibly-sourced jewelry has become part of so many love stories over the last century. Kay Jewelers is part of Signet Jewelers, a purpose-driven company who believes love inspires love. Signet is also "Great Place to Work-Certified"™. There are dynamic career paths awaiting you - rewarding opportunities to impact the lives of others and inspire love. Join us!

Industry

Retail

Company size

10,000+ Employees

Headquarters location

Akron, OH, US

Year founded

1949

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