Average Fraud Investigator Salary in South Africa

R320,468
Avg. SalaryShow Hourly Rate
R24,194
Bonus
R25,000
Profit Sharing
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The average salary for a Fraud Investigator in South Africa is R320,468.
10%
R181k
MEDIAN
R320k
90%
R602k
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United States (change)
Salary
R181k - R602k
Bonus
R4k - R59k
Profit Sharing
R5k - R397k
Total Pay
R173k - R651k

Your Market Worth Over Time

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Job Description for Fraud Investigator

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 Kpmg Consulting, Special Investigating Unit and Nedbank. Reported salaries are highest at Special Investigating Unit where the average pay is R467,769. Other companies that offer high salaries for this role include Absa, earning around R423,890. Kpmg Consulting pays the lowest at around R238,200. Nedbank also pays on the lower end of the scale, paying R307,650.

Fraud Investigator Job Listings

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Popular Skills for Fraud Investigator

Skills in Fraud Investigation and Financial Analysis are correlated to pay that is above average. Skills that pay less than market rate include Anti-Money Laundering (AML), Data Analysis and Forensic Interviewing.

Pay by Experience Level for Fraud Investigator

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 R211,300 based on 9 salaries. An early career Fraud Investigator with 1-4 years of experience earns an average total compensation of R271,400 based on 115 salaries. A mid-career Fraud Investigator with 5-9 years of experience earns an average total compensation of R374,064 based on 79 salaries. An experienced Fraud Investigator with 10-19 years of experience earns an average total compensation of R431,954 based on 63 salaries. In their late career (20 years and higher), employees earn an average total compensation of R544,961.

Years of Experience

This data is based on 285 survey responses.
Entry Level
3.2%
Early Career
40.4%
Mid Career
27.7%
Experienced
22.1%
Late Career
6.7%

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