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 Pay By Employer

$0$97K

$65,073

Geico
15 profiles
$64,800

$39,083

$39,305

Anthem
10 profiles
$65,640

$41,980

$66,022

Paypal, Inc.
8 profiles
$32,007

Humana, Inc.
7 profiles
$72,348

$38,372

About Bloomington, Illinois

McLean County, Illinois
78,295
Male:
37,972 (48.5%)
Female:
40,323 (51.5%)
Bloomington is a city in Illinois, United States and the county seat of McLean County. It is adjacent to Normal, and is the more populous of the two principal municipalities of the Bloomington-Normal metropolitan area. The 2010 census showed the city had a population of 76,610, making it the 12th most populated city in Illinois, and the fifth-most populous city in the state outside of the Chicago Metropolitan Area. Combined with Normal, the twin cities have a population of roughly 130,000. Bloomington is located at 40°29′03″N 88°59′37″W. The city is at an elevation of 797 feet (243 m) above sea level. According to the 2010 census, Bloomington has a total area of 27.229 square miles (70.52 km2), of which 27.22 square miles (70.50 km2) (or 99.97%) is land and 0.009 square miles (0.02 km2) (or 0.03%) is water. In recent years, average temperatures in the county seat of Bloomington have ranged from a low of 14 °F (−10 °C)...
Bloomington:
$64,339
Illinois:
$59,588
$768
Bloomington:
$171,700
Illinois:
$180,300
3.8%

Fraud Investigator Job Listings

Key Stats for Fraud Investigator

1-4 years
100%

Years of Experience

1-4 years
100%

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental:
vision benefits
Vision: 100%
no benefits
None: