What You Need to Know About Fraud Examiner, Investigator or Analyst
Example of Fraud Examiner, Investigator or Analyst Job Obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations. May coordinate fraud detection and prevention activities.
A Day in the Life of a Fraud Examiner, Investigator or Analyst
- Document all investigative activities.
- Design, implement, or maintain fraud detection tools or procedures.
- Maintain knowledge of current events and trends in such areas as money laundering and criminal tools and techniques.
- Train others in fraud detection and prevention techniques.
- Prepare evidence for presentation in court.
- Review reports of suspected fraud to determine need for further investigation.
Featured schools near , edit
Qualities of a Fraud Examiner, Investigator or Analyst
When polled, Fraud Examiners, Investigators and Analysts say the following skills are most frequently used in their jobs:
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking: Talking to others to convey information effectively.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Active Learning: Understanding the implications of new information for both current and future problem-solving and decision-making.
Types of Fraud Examiner, Investigator or Analyst
- Financial Investigator
- Fraud Manager
- Fraud Investigator
- Risk Analyst
- Fraud Analyst
Fraud Examiner, Investigator or Analyst Employment Estimates
There were about 135,900 jobs for Fraud Examiner, Investigator or Analyst in 2016 (in the United States). New jobs are being produced at a rate of 9.6% which is above the national average. The Bureau of Labor Statistics predicts 13,100 new jobs for Fraud Examiner, Investigator or Analyst by 2026. There will be an estimated 13,100 positions for Fraud Examiner, Investigator or Analyst per year.
The states with the most job growth for Fraud Examiner, Investigator or Analyst are Utah, Nevada, and Arizona. Watch out if you plan on working in South Dakota, Maryland, or Alaska. These states have the worst job growth for this type of profession.
How Much Does a Fraud Examiner, Investigator or Analyst Make?
Fraud Examiners, Investigators and Analysts make between $38,030 and $123,360 a year.
Fraud Examiners, Investigators and Analysts who work in District of Columbia, Virginia, or Illinois, make the highest salaries.
How much do Fraud Examiners, Investigators and Analysts make in each U.S. state?
| State | Annual Mean Salary |
|---|---|
| Alabama | $75,170 |
| Alaska | $68,040 |
| Arizona | $82,200 |
| Arkansas | $43,580 |
| California | $80,720 |
| Colorado | $83,800 |
| Connecticut | $77,690 |
| Delaware | $80,950 |
| District of Columbia | $107,760 |
| Florida | $67,520 |
| Georgia | $85,610 |
| Idaho | $56,440 |
| Illinois | $93,200 |
| Indiana | $66,590 |
| Iowa | $69,480 |
| Kansas | $55,300 |
| Kentucky | $57,030 |
| Louisiana | $61,170 |
| Maine | $65,430 |
| Maryland | $77,440 |
| Massachusetts | $88,370 |
| Michigan | $69,480 |
| Minnesota | $74,190 |
| Mississippi | $63,650 |
| Missouri | $74,050 |
| Montana | $67,820 |
| Nebraska | $79,250 |
| Nevada | $58,150 |
| New Hampshire | $77,670 |
| New Jersey | $81,660 |
| New Mexico | $61,940 |
| New York | $96,480 |
| North Carolina | $76,050 |
| North Dakota | $77,400 |
| Ohio | $78,960 |
| Oklahoma | $72,520 |
| Oregon | $71,980 |
| Pennsylvania | $74,880 |
| Rhode Island | $77,610 |
| South Carolina | $69,340 |
| South Dakota | $53,080 |
| Tennessee | $65,200 |
| Texas | $70,830 |
| Utah | $69,340 |
| Vermont | $72,600 |
| Virginia | $87,810 |
| Washington | $73,790 |
| West Virginia | $68,180 |
| Wisconsin | $60,120 |
| Wyoming | $59,190 |
Tools & Technologies Used by Fraud Examiners, Investigators and Analysts
Below is a list of the types of tools and technologies that Fraud Examiners, Investigators and Analysts may use on a daily basis:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Outlook
- Microsoft Access
- Data entry software
- Microsoft Visio
- Microsoft SharePoint
- Structured query language SQL
- SAS
- Microsoft SQL Server
- R
- LexisNexis
- Tableau
- SAP Business Objects
- Symantec
- Splunk Enterprise
- Bookkeeping software
- Electronic health record EHR software
Becoming a Fraud Examiner, Investigator or Analyst
What kind of Fraud Examiner, Investigator or Analyst requirements are there?
How many years of work experience do I need?
Fraud Examiners, Investigators and Analysts Sector
The table below shows the approximate number of Fraud Examiners, Investigators and Analysts employed by various industries.
References:
Image Credit: Dave Dugdale via Creative Commons Attribution-Share Alike 2.0 Generic
More about our data sources and methodologies.
Featured Schools
Request Info
|
Southern New Hampshire University You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs. Learn More > |
GradDegree.com provides higher-education, college and university, degree, program, career, salary, and other helpful information to students, faculty, institutions, and other internet audiences. Presented information and data are subject to change. Inclusion on this website does not imply or represent a direct relationship with the company, school, or brand. Information, though believed correct at time of publication, may not be correct, and no warranty is provided. Contact the schools to verify any information before relying on it. Financial aid may be available for those who qualify. The displayed options may include sponsored or recommended results, not necessarily based on your preferences.
© GradDegree.com – All Rights Reserved.