A Fraud Investigator in Toronto, Ontario earns an average salary of C$50,331 per year.

C$37,417 - C$104,870
C$37K
C$54K
C$100K
MEDIAN: C$54,003
10%
50%
90%
C$20.75 - C$44.22
C$26
MEDIAN: C$26.24
50%
C$0C$106K
Salary C$37,417 - C$104,870
Bonus C$2,650 - C$11,000
Profit Sharing C$1,500
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).
)
C$38,864 - C$106,086
  • Country: Canada
  • Currency: CAD
  • Updated: 8 Jan 2018
  • Individuals Reporting: 47
Hourly Data C$0C$44
Hourly Rate C$26.24
Overtime C$38.50
Annual Data C$0C$106K
Bonus C$2,650 - C$11,000
Profit Sharing C$1,500
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).
)
C$38,864 - C$106,086
  • Country: United States
  • Currency: CAD
  • Updated: 8 Jan 2018
  • Individuals Reporting: 8

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

  • 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.
  • Research records and obtain, analyze, and appraise evidentiary data.
  • Perform desk and on-site investigational audits.
  • Develop, perform, and present fraud cases.

Fraud Investigator Job Listings

Pay by Experience Level for Fraud Investigator

Pay by Experience for a Fraud Investigator has a positive trend. An entry-level Fraud Investigator with less than 5 years of experience can expect to earn an average total compensation of C$46,000 based on 14 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Fraud Investigator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$55,000 based on 9 salaries. An experienced Fraud Investigator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$55,000 based on 6 salaries. A Fraud Investigator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$76,000 based on 5 salaries.

Key Stats for Fraud Investigator

Gender

Female
52 %
Male
48 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.
Less than 1 year
2%
1-4 years
36%
5-9 years
29%
10-19 years
15%
20 years or more
18%

Experience Affects Fraud Investigator Salaries

Late-Career
▲32%

National Average
C$57,000

Mid-Career
▼4%

Experienced
▼4%

Entry-Level
▼20%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
2%
1-4 years
36%
5-9 years
29%
10-19 years
15%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 75%
vision benefits
Vision: 68%
no benefits
None: 18%