Fraud Examiners, Investigators and Analysts in Michigan
Considering working as a Fraud Examiners, Investigators and Analysts in Michigan? Here’s what you need to know. All financial specialists not listed separately.
What do Fraud Examiners, Investigators and Analysts Make in Michigan?
For fraud examiners, investigators and analysts working in Michigan, wages run about $81,470 per year (or roughly $39.17/hour).Pay can range from $51,590 at the 10th percentile to $126,800 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $51,590 | $24.80 |
| 25th percentile | $63,580 | $30.57 |
| Median (50th) | $81,470 | $39.17 |
| 75th percentile | $115,070 | $55.32 |
| 90th percentile | $126,800 | $60.96 |
The location quotient — a measure of how concentrated this occupation is in Michigan nationwide is 0.47, meaning fewer fraud examiners, investigators and analysts per worker than the national average.
National Wage Comparison
Nationally, fraud examiners, investigators and analysts earn a median of $92,240 per year ($44.35/hour), lower than the Michigan median.
Employment Outlook
There are roughly 476,833 fraud examiners, investigators and analysts nationwide. In Michigan alone, about 1,710 people work in this role. That’s higher than the typical state, which employs around 1,510 fraud examiners, investigators and analysts.
Top Michigan Metros for Fraud Examiners, Investigators and Analysts
The metro areas below employ the most fraud examiners, investigators and analysts in Michigan.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Detroit-Warren-Dearborn, MI | 1,020 | $103,740 |
| Lansing-East Lansing, MI | 180 | $81,470 |
| Ann Arbor, MI | 130 | $64,190 |
| Grand Rapids-Wyoming-Kentwood, MI | 100 | $74,230 |
| Battle Creek, MI | 30 | $94,360 |
Top States for Fraud Examiners, Investigators and Analysts Employment
View the states that employ the most fraud examiners, investigators and analysts work.
| State | Number Employed |
|---|---|
| California | 15,360 |
| Texas | 12,290 |
| Illinois | 7,140 |
| Florida | 7,030 |
| New York | 6,760 |
| Virginia | 5,560 |
| New Jersey | 4,870 |
| Ohio | 4,510 |
| Georgia | 4,370 |
| Maryland | 4,290 |
| Pennsylvania | 3,830 |
| Colorado | 3,820 |
| Louisiana | 3,500 |
| North Carolina | 3,260 |
| Washington | 3,110 |
| Massachusetts | 2,930 |
| Tennessee | 2,810 |
| Missouri | 2,740 |
| District of Columbia | 2,530 |
| Utah | 2,110 |
Highest-Paying States for Fraud Examiners, Investigators and Analysts
The highest-paying states for fraud examiners, investigators and analysts.
| State | Annual Median Salary |
|---|---|
| District of Columbia | $123,450 |
| New York | $122,510 |
| Maryland | $102,500 |
| New Jersey | $92,820 |
| Ohio | $90,170 |
| Rhode Island | $88,500 |
| Indiana | $87,760 |
| Colorado | $87,270 |
| West Virginia | $86,940 |
| Massachusetts | $85,950 |
Skills
The most important fraud examiners, investigators and analysts skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Important knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
Top abilities for fraud examiners, investigators and analysts, rated on an importance scale of 0 to 5:
Daily Tasks
Fraud Examiners, Investigators and Analysts typically:
- Gather financial documents related to investigations.
- Interview witnesses or suspects and take statements.
- Prepare written reports of investigation findings.
- Document all investigative activities.
- Create and maintain logs, records, or databases of information about fraudulent activity.
- Coordinate investigative efforts with law enforcement officers and attorneys.
- Lead, or participate in, fraud investigation teams.
- Testify in court regarding investigation findings.
- Prepare evidence for presentation in court.
- Recommend actions in fraud cases.
- Review reports of suspected fraud to determine need for further investigation.
- Design, implement, or maintain fraud detection tools or procedures.
Work Activities
- Getting Information
- Analyzing Data or Information
- Working with Computers
- Communicating with Supervisors, Peers, or Subordinates
- Making Decisions and Solving Problems
- Processing Information
- Evaluating Information to Determine Compliance with Standards
- Documenting/Recording Information
- Updating and Using Relevant Knowledge
- Establishing and Maintaining Interpersonal Relationships
- Organizing, Planning, and Prioritizing Work
- Identifying Objects, Actions, and Events
Tools & Technology
Technologies frequently used: Hot technologies: Microsoft Access, Microsoft Excel In-demand technologies: Microsoft Excel
What Major Will Prepare You For This Career?
Related college programs include:
- Finance & Financial Management
- Business Administration & Management
- Applied Mathematics
- Religious Institution Administration and Law
Featured schools near , edit
Related Careers
Related occupations to fraud examiners, investigators and analysts include:
- Security Managers
- Compliance Managers
- Loss Prevention Managers
- Claims Adjusters, Examiners, and Investigators
- Management Analysts
- Security Management Specialists
Also Known As
AML Analyst (Anti-Money Laundering Analyst), AML Consultant (Anti-Money Laundering Consultant), AML Investigator (Anti-Money Laundering Investigator), AML Operations Analyst (Anti-Money Laundering Operations Analyst), AML Specialist (Anti-Money Laundering Specialist), Anti-Fraud Operations Analyst, BSA Analyst (Bank Secrecy Act Analyst), BSA Consultant (Bank Secrecy Act Consultant), Casino Gaming Regulator, Certified Fraud Examiner (CFE), Confidential Investigator, Detection and Investigation Analyst, Financial Crimes Investigator, Financial Crimes Manager, Financial Intelligence Analyst.
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 13-2099.04
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