Get a Salary Report for



- Compare Your Salary
- Evaluate a Job Offer


- Price a New Hire
- Give a Raise



- Benchmark Jobs
- Create a Comp Plan

Fraud Investigator Salary (United States)

A typical Fraud Investigator in the United States can expect to rake in roughly $54K annually. In the world of Fraud Investigators, overall cash allowance can occasionally include more than $8K from bonuses and, in some exceptional cases, $10K from profit sharing, causing incomes to vary widely between $32K and $82K. Experience level is the main element affecting pay for this group — geography and the specific company are driving factors as well. A strong majority enjoy medical while most get dental coverage. Vision coverage is also available to a majority. Men make up a slight majority of Fraud Investigators (56 percent). Job satisfaction is reported as high by the vast majority of workers. The information for this snapshot was generated by responses to the PayScale salary survey.
Fraud Investigator Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$35,515 - $79,810
(Median)
36K
42K
54K
67K
80K
MEDIAN: $53,511
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px
Fraud Investigator Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$12.78 - $28.60
(Median)
13
17
22
29
MEDIAN: $16.00
10%
50%
75%
90%
Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Salary
$35,515 - $79,810  
   
Bonus
$0.00 - $7,830  
Profit Sharing
$251.68 - $10,067  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,332 - $81,701  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 798
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$15$30$45
Hourly Rate
$12.78 - $28.60  
   
Overtime
$18.63 - $44.27  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$30K$60K$90K
Bonus
$0.00 - $7,830  
   
Profit Sharing
$251.68 - $10,067  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,332 - $81,701  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 189
Is Fraud Investigator your job title? Get a personalized salary report!
Location:
Years in Field/Career:
Location:
Years in Field/Career:
United States (change)

Job Description for Fraud Investigator

In general, fraud investigators work to determine whether individuals or organizations have attempted deception to realize a financial benefit. Fraud investigation applications are numerous, and so fraud investigators typically specialize in a particular field, such as insurance or accounting. The vast majority of fraud investigator work within the field of insurance, due to the high inherent potential for insurance fraud and the volume of fraud cases that occur annually.
Read More...
Fraud Investigator Tasks
  • Perform desk and on-site investigational audits.
  • Develop, perform, and present fraud cases.
  • Research records and obtain, analyze, and appraise evidentiary data.
  • Investigate fraud by obtaining statements of fact, depositions or confessions from complainants, employers and witnesses.
  • Oversee the development and implementation of fraud prevention, detection and resolution strategies.

Common Career Paths for Fraud Investigator

Add this chart to your site:   640px 640px    300px 300px   Copy and paste this HTML:
Fraud Investigators' salaries may sharply decline when they move into higher-end positions like Loss Prevention Investigator. The typical income for a Loss Prevention Investigator is $32K.

Fraud Investigator Job Listings

Search for more jobs:
job title / company
location

Popular Employer Salaries for Fraud Investigator

Capital One Financial Corp does shell out the biggest paychecks — the median in that office is $41K — but the company pay scale is greatly mixed, meaning that workers on the low end may earn only $32K while workers on the upper end may rake in up to $87K. Though certain workers may see earnings of up to $92K, Wells Fargo Bank still falls short in the compensation department — the median pay is only $38K, the lowest in the field. Employees at Capital One Financial Corp can also expect below-average earnings.

Popular Skills for Fraud Investigator

Survey results suggest that Fraud Investigators put a wide range of professional skills to use. Most notably, facility with Forensic Interviewing, Auditing, and Medicare are correlated to pay that is significantly above average, leading to increases of 37 percent, 19 percent, and 14 percent, respectively. At the other end of the pay range are skills like Research Analysis. Those familiar with Auditing also tend to know Financial Analysis and Medicaid Fraud Investigation.

Pay by Experience Level for Fraud Investigator

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Fraud Investigators with a rich background of experience are typically rewarded with larger paychecks. Those in the early stages of their career can expect to make around $44K; however, individuals with five to 10 years of experience bring in $53K on average — a distinctly larger sum. Fraud Investigators see a median salary of $58K after reaching one to two decades on the job. Average wages for folks with more than 20 years of experience come out to around $68K. More than half of the workforce has between one and nine years of experience. Experienced employees who have 10-20 years of experience make up close to a fourth of the workforce; inexperienced individuals who have been working for less than one year comprise less than five percent, and senior people with more than 20 years under their belt fill out the remaining around a seventh.

Pay Difference By Location

Los Angeles
up arrow 27%
Miami
up arrow 27%
Houston
up arrow 17%
Minneapolis
up arrow 17%
up arrow 15%
Philadelphia
up arrow 14%
Dallas
up arrow 12%
Chicago
up arrow 5%
Denver
up arrow 2%
Tampa
0%
Seattle
0%
National Average
$51,000
Atlanta
up arrow 3%
Columbus
up arrow 7%
Phoenix
up arrow 12%
Austin
up arrow 13%
Larger circles over a city indicate a job is popular in that location.
Fraud Investigators will find that Los Angeles offers an impressive pay rate, one which exceeds the national average by 27 percent. Fraud Investigators will also find cushy salaries in Miami (+27 percent), Houston (+17 percent), Minneapolis (+17 percent), and New York (+15 percent). With compensation 13 percent below the national average, Austin is not known for hefty paychecks and actually represents the lowest-paying market. Below-median salaries also turn up in Phoenix and Columbus (12 percent lower and 7 percent lower, respectively).

Related Job Salaries

Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -

Experience Affects Fraud Investigator Salaries

National Average
$51,000

Skills That Affect Fraud Investigator Salaries

Forensic Interviewing
up arrow 37%
up arrow 19%
Medicare
up arrow 14%
Data Analysis
up arrow 3%
National Average
$51,000
Research Analysis
up arrow 13%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 197 votes.

Gender

Female
44%
female alumni
 
Male
56%
male alumni

Years of Experience

Less than 1 year
4%
1-4 years
30%
5-9 years
26%
10-19 years
26%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 77%
vision benefits Vision: 66% employee benefits None: 11%