$64,107
Avg. Salary
$26.43
Avg. Hourly Rate
Help us gather more data! Is Fraud Investigator your job title? Find out what you're worth.

The average pay for a Fraud Investigator in Chicago, Illinois is $26.43 per hour.

The average pay for a Fraud Investigator in Chicago, Illinois is $64,107 per year.

$19.65
10%
$26.43
50%
$31.54
90%
MEDIAN $26.43
$38k
10%
$64k
50%
$87k
90%
MEDIAN $64,107
$37,500 - $86,954
$38K
$64K
$87K
MEDIAN: $64,107
10%
50%
90%

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$19.65 - $31.54
$26
MEDIAN: $26.43
50%

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$0$86K
Salary $37,500 - $86,954
Bonus $9,826
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).
)
$35,745 - $86,710
  • Country: United States
  • Currency: USD
  • Updated: 10 Feb 2019
  • Individuals Reporting: 24
Hourly Data $0$33
Hourly Rate $26.43
Overtime $33.00
Annual Data $0$86K
Bonus $9,826
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).
)
$35,745 - $86,710
  • Country: United States
  • Currency: USD
  • Updated: 10 Feb 2019
  • Individuals Reporting: 6

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
  • 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.

About Chicago, Illinois

Cook County, Illinois
2,720,556
Male:
1,320,015 (48.5%)
Female:
1,400,541 (51.5%)
Chicago (/ʃᵻˈkɑːɡoʊ/ or /ʃᵻˈkɔːɡoʊ/), officially the City of Chicago, is the third-most populous city in the United States. With over 2.7 million residents, it is the most populous city in the state of Illinois and the Midwestern United States, and the county seat of Cook County. The Chicago metropolitan area, often referred to as Chicagoland, has nearly 10 million people and is the third-largest in the U.S. Chicago was incorporated as a city in 1837, near a portage between the Great Lakes and the Mississippi River watershed, and grew rapidly in the mid-nineteenth century. The city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation: O'Hare International Airport is the second-busiest airport in the world when measured by aircraft traffic; the region also has the largest number of U.S. highways and rail road freight. In 2012, Chicago was listed as an alpha global city by the Globalization and World Cities Research...
Chicago:
$50,702
Illinois:
$59,588
$985
Chicago:
$238,500
Illinois:
$180,300
6.3%

Fraud Investigator Job Listings

Key Stats for Fraud Investigator

Gender

Female
41 %
Male
59 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 3 votes.
Less than 1 year
7%
1-4 years
30%
5-9 years
13%
10-19 years
23%
20 years or more
27%

Experience Affects Fraud Investigator Salaries

Experienced
▲7%

National Average
$64,000

Entry-Level
▼7%

Mid-Career
▼21%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 3 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
7%
1-4 years
30%
5-9 years
13%
10-19 years
23%
20 years or more
27%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 76%
vision benefits
Vision: 72%
no benefits
None: 16%