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Average Experienced Fraud Investigator Salary

$66,389
Avg. SalaryShow Hourly Rate
$3,375
Bonus
$3,000
Profit Sharing
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The average salary for an Experienced Fraud Investigator is $66,389.
10%
$47k
MEDIAN
$66k
90%
$95k
Is Fraud Investigator your job title? Find out what you should be paid
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Salary
$47k - $95k
Bonus
$501 - $10k
Profit Sharing
$511 - $12k
Total Pay
$42k - $96k
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What Do Fraud Investigators Do?

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.

Popular Employer Salaries for Fraud Investigator

The top respondents for the job title Fraud Investigator are from the companies J.P. Morgan Chase & Co. (JPMCC), State Farm Insurance Company and Geico. Reported salaries are highest at State Farm Insurance Company where the average pay is $83,335. Other companies that offer high salaries for this role include Geico, earning around $75,000. UnitedHealth Group pays the lowest at around $60,000. J.P. Morgan Chase & Co. (JPMCC) also pays on the lower end of the scale, paying $73,000.

Career Paths

Explore the most common career paths for Fraud Investigator. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Fraud Investigator
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Fraud Investigator Job Listings

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What Are Popular Skills for Fraud Investigators?

Skills in Data Analysis, Forensic Interviewing, Medicaid Fraud Investigation and Regulatory Compliance are correlated to pay that is above average. Skills that pay less than market rate include Fraud Investigation.

What is the Pay by Experience Level for Fraud Investigators?

An entry-level Fraud Investigator with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $49,317 based on 74 salaries. An early career Fraud Investigator with 1-4 years of experience earns an average total compensation of $55,385 based on 519 salaries. A mid-career Fraud Investigator with 5-9 years of experience earns an average total compensation of $60,075 based on 318 salaries. In their late career (20 years and higher), employees earn an average total compensation of $75,575.
Employees with Fraud Investigator in their job title in New York, New York earn an average of 27.7% more than the national average. These job titles also find higher than average salaries in Los Angeles, California (22.5% more) and Boston, Massachusetts (10.3% more). The lowest salaries can be found in Tampa, Florida (12.6% less), Atlanta, Georgia (3.8% less) and Chicago, Illinois (3.6% less).

Years of Experience

This data is based on 1,150 survey responses.
Entry Level
6.4%
Early Career
45.1%
Mid Career
27.7%
Late Career
20.8%