Fraud Investigator Salary

A Fraud Investigator earns an average salary of $54,679 per year. The highest paying skills associated with this job are Forensic Interviewing, Regulatory Compliance, Auditing, Fraud Investigation, and Medicaid Fraud Investigation.
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$36,946 - $80,975

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$13.24 - $27.39

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Salary
$36,946 - $80,975  
   
Bonus
$0.00 - $8,196  
Profit Sharing
$0.00 - $9,967  
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).
)
$33,639 - $81,994  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 917
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$15$30$45
Hourly Rate
$13.24 - $27.39  
   
Overtime
$18.86 - $43.08  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30K$60K$90K
Bonus
$0.00 - $8,196  
   
Profit Sharing
$0.00 - $9,967  
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).
)
$33,639 - $81,994  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 232
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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.

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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


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Fraud Investigator Job Listings

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Pay by Experience Level for Fraud Investigator

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

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Experience Affects Fraud Investigator Salaries




National Average
$52,000


Skills That Affect Fraud Investigator Salaries

Forensic Interviewing
up arrow 29%

Regulatory Compliance
up arrow 28%

up arrow 14%

Fraud Investigation
up arrow 11%


Medicare
up arrow 10%

Financial Analysis
up arrow 4%

National Average
$52,000

Data Analysis
up arrow 1%

Research Analysis
up arrow 13%

Risk Management / Risk Control
up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 158 votes.

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
5%
1-4 years
29%
5-9 years
26%
10-19 years
26%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 78%
vision benefits Vision: 69% employee benefits None: 12%
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