Fraud Examiners, Investigators and Analysts: Salary, Job Description, How To Become One, and Quiz

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Fraud Examiners and Investigators career information
pros and cons of being a Fraud Examiner, Investigator and Analyst

Fraud Examiners, Investigators and Analysts

obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations. May coordinate fraud detection and prevention activities.

$77580
Salary
70%
Job Satisfaction
Hard
Becoming One
Low
Job Growth
Suitable Personality

Fraud Examiners, Investigators and Analysts

Salary, Job Description, How To Become One, and More


In this career summary, you will find out what the job of a Fraud Examiner, Investigator and Analyst is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Fraud Examiners, Investigators and Analysts obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations. May coordinate fraud detection and prevention activities.


    Read more about what does a Fraud Examiner, Investigator and Analyst really do at work and what is it like being and working as one.




    Become one

    schools for Fraud Examiners and Investigators

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    Salary

    Average salary
    $77580 per year

    Average hourly wage
    $37 per hour


    Fraud Examiners and Investigators with little to no experience tend to make between $38030 and $51100 while the more experienced ones can earn over $94580 per year.

    Top 5 paying statesHourlyAnnual
    DC$52$107,760
    NY$46$96,480
    IL$45$93,200
    MA$42$88,370
    VA$42$87,810

    One of the easiest ways to increase your salary as a Fraud Examiner, Investigator and Analyst is to move to a higher paying state like DC. Right now, the highest paying states for Fraud Examiners and Investigators are DC, NY, IL, MA and VA.

    However a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be twice as high than where you are currently at now.

    Three other factors that can increase your salary as a Fraud Examiner, Investigator and Analyst is the degree you hold, the industry you work in and lastly the company you work for.



    Requirements

    Recommended degree level
    Bachelor’s Degree

    We asked other Fraud Examiners and Investigators what degree they had when they got the job and most of them said they had a Bachelor’s Degree followed by a Master’s Degree.

    Other than that, we also asked them what did they major in and here are the most popular majors that came up.

    Financial Mathematics
    Finance, General

    Read more about how to become a Fraud Examiner, Investigator and Analyst and the degree, training and education you need.



    Pros and Cons

    Here are some of the pros and cons of being a Fraud Examiner, Investigator and Analyst.

    PROS
    Suitable for people who likes to start and carry out projects
    Suitable for people who wants independence and likes to work on their own and make decisions
    This career is perfect for people who love to work indoors.
    Very good salary
    CONS
    Not suitable for people who likes to work with designs
    It is hard to get into this career. A considerable amount of work-related skill, knowledge, or experience is required for this career.
    Long working hours (More than 40 hours per week)



    What is the job like

    Job satisfaction
    70%

    Is this job meaningful
    47%


    70% of Fraud Examiners and Investigators said they were satisfied with their job and 47% said they feel like their job is making other people’s lives better.



    Is this right for me

    Best personality for this career
    The Entrepreneurs and The Thinkers


    You can read more about these career personality types here.

    People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business..

    They also like working with ideas, and require an extensive amount of thinking. They like searching for facts and figuring out problems mentally.



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