How Much Do Fraud Examiner Make?
How much do fraud examiner make? Discover the average salary, base salary, and compensation for fraud examiner in the law, legal & compliance category. Learn about fraud examiner pay per hour, per week, per month, and per annum with detailed salary ranges from $55,000 to $75,000.
How Much Do Fraud Examiner Make? Complete Salary Guide
How much do fraud examiner make? This is one of the most common questions in career planning. Fraud Examiner in the Law, Legal & Compliance field can expect to earn an average salary of $80,000 per year, with entry-level positions starting at $55,000 and experienced professionals earning up to $75,000 annually.
When breaking down the average salary of fraud examiner by time periods, fraud examiner typically make around $6,666.667 per month and approximately $1,538.462 per week. The basic salary of fraud examiner varies significantly based on experience level, location, and industry specialization. Entry-level fraud examiner typically start with a base salary of $55,000, while mid-career professionals earn an average of $75,000, and senior-level roles can command salaries exceeding $75,000.
The salary landscape for fraud examiner is influenced by several key factors including geographic location, years of experience, educational background, and specific industry demands. How much do fraud examiner make in a week? On average, this translates to approximately $1,538.462 per week. How much do fraud examiner make per annum? The annual salary range spans from $50,000 to $100,000, with the median salary sitting at $80,000. Additionally, many fraud examiner receive bonuses averaging $10,000 annually, representing approximately 10.25% of their base salary.
How Much Do Fraud Examiner Get Paid Per Annum? Fraud Examiner Salary
Annual salary data for fraud examiner across different experience levels, showing entry-level, mid-career, and experienced professional compensation ranges based on industry standards.
Entry Level Annual Salary
Mid-Career Annual Salary
Experienced Annual Salary
How Much Do Fraud Examiner Get Paid in a Month? Fraud Examiner Monthly Salary
Monthly salary breakdowns for fraud examiner at different career stages, providing practical budgeting insights and compensation expectations for financial planning.
Entry Level Monthly Salary
Mid-Career Monthly Salary
Experienced Monthly Salary
How Much Do Fraud Examiner Get Paid in Different Locations?
Geographic salary variations for fraud examiner across different cities and regions, including cost of living adjustments and regional market demand factors that impact compensation.
Fraud Examiner Salary Trends
Historical salary progression for fraud examiner over the past years, showing year-over-year compensation growth and market trends in the industry.
Fraud Examiner Salary Trends (2020 - 2025)
Bonus & Compensation Package
Additional compensation beyond base salary, including bonuses, commissions, and overtime opportunities that contribute to total annual earnings.
Bonus Percentage
of annual salary
Bonuses for Fraud Examiners are typically awarded based on performance metrics, successful case resolutions, and contributions to fraud prevention initiatives.
Average Bonus
annually
Commission
Fraud Examiner roles usually offer fixed salaries, but some positions may include bonuses or incentives based on performance, particularly in private sector firms.
Overtime
Overtime pay for Fraud Examiners is common, especially during peak investigation periods or when handling complex cases, reflecting the demanding nature of the job.
Employee Benefits Package
Comprehensive benefits and perks provided to employees, including health coverage, retirement plans, time off policies, and professional development opportunities.
Comprehensive Benefits
Typical benefits for a Fraud Examiner include health insurance, 401(k) retirement plans, paid time off (PTO), flexible work schedules, professional development opportunities, and employee assistance programs.
Fraud Examiner Job Overview
Comprehensive details about the fraud examiner role including daily responsibilities, work environment, physical demands, and key tasks that define this career path.
About This Role
A Fraud Examiner investigates financial discrepancies, detecting and preventing fraud through analysis of records and interviews. They assess internal controls, conduct audits, and collaborate with law enforcement when necessary. Their expertise ensures organizational integrity, protects assets, and enhances compliance, making them essential in safeguarding against financial misconduct.
Primary Responsibilities
Investigating fraudulent activities, Analyzing financial records, Conducting interviews and interrogations, Collecting and preserving evidence, Preparing detailed reports, Collaborating with law enforcement agencies, Providing expert testimony in court, Developing fraud prevention strategies, Training staff on fraud awareness and detection.
Day-to-Day Tasks
A Fraud Examiner reviews financial documents, conducts interviews, analyzes data for discrepancies, collaborates with law enforcement, prepares reports, and implements fraud prevention strategies to safeguard organizational assets.
Work Environment
Hybrid
Fraud Examiners typically work in offices, analyzing data, conducting interviews, and collaborating with teams to investigate financial discrepancies.
Physical Demands
Moderate
Fraud Examiners typically work in office settings, requiring prolonged sitting, computer use, and occasional travel. Strong analytical skills and attention to detail are essential.
Fraud Examiner Requirements & Prerequisites
Essential qualifications and credentials needed to pursue a career as a fraud examiner, including educational background, certifications, and experience requirements.
Education
Bachelor’s degree.
Field: Accounting, Finance, Criminal Justice, Forensic Accounting, Business Administration, Economics, Information Technology, Risk Management, Law.
Experience
5 years
Employers seek candidates with strong analytical skills, experience in financial investigations, knowledge of fraud detection techniques, proficiency in data analysis software, and a background in accounting or law enforcement.
Certifications
Certified Fraud Examiner (CFE), Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certified in Financial Forensics (CFF), Chartered Global Management Accountant (CGMA), Certified Risk Management Assurance (CRMA).
Required Skills
Analytical thinking, attention to detail, communication skills, investigative skills, knowledge of financial regulations, problem-solving abilities, proficiency in data analysis tools, ethical judgment.
Technical Skills
Soft Skills
Fraud Examiner Career Path
Professional progression opportunities for fraud examiner from entry-level to senior management, including typical career advancement timeline and role evolution.
Entry Level
Fraud Analyst, Compliance Officer, Risk Management Associate
Early-career Fraud Examiners investigate financial discrepancies, analyze data for suspicious activities, assist in audits, and help develop fraud prevention strategies to protect organizations.
Mid-Career
Fraud Analyst, Risk Analyst, Compliance Officer
Mid-career Fraud Examiners investigate financial discrepancies, analyze evidence, conduct interviews, prepare reports, collaborate with law enforcement, and ensure compliance with regulations to prevent fraud.
Senior Management
Fraud Investigation Manager, Senior Fraud Analyst, Director of Fraud Risk Management
Senior Fraud Examiners manage investigations, develop anti-fraud strategies, analyze financial data, oversee compliance, train staff, and collaborate with law enforcement to mitigate fraud risks.
Career Progression Timeline
Timeline: 5 years
Fraud Examiners typically advance from entry-level roles to senior positions, gaining expertise in investigations and compliance, ultimately progressing to managerial or executive roles in risk management.
Fraud Examiner Industry & Growth
Market outlook and growth prospects for fraud examiner, including industry trends, job market demand, and factors influencing career opportunities and advancement.
Job Outlook
Faster than average
Projected: 2024–2034
Industry Trends
Increased reliance on technology and data analytics for fraud detection, growing regulatory scrutiny and compliance requirements, heightened focus on cybersecurity and digital fraud prevention.
Growth Factors
Rising cybercrime, regulatory scrutiny, financial fraud incidents, increased corporate governance, and demand for risk management expertise are driving the need for Fraud Examiners.
Future Opportunities
Blockchain technology, AI-driven fraud detection, cryptocurrency transactions, remote work security, and digital identity verification are emerging niches creating opportunities for Fraud Examiners.
Fraud Examiner Related Professions
Alternative career paths and similar roles for fraud examiner, including career transitions, related positions, and advancement opportunities within the field.
Similar Roles
Career Alternatives
Upgrade Paths
Related Entry Roles
Fraud Examiner Skills & Development
Essential skills and professional development resources for fraud examiner, including technical abilities, soft skills, recommended courses, and ongoing learning opportunities.
Technical Skills
Soft Skills Needed
Recommended Certifications
Recommended Courses
Development Resources
Training Timeline
Estimated training time
Frequently Asked Questions About Fraud Examiner Salary
Common questions and answers about pursuing a career as a fraud examiner, covering qualifications, salary expectations, career prospects, and practical career guidance.
What qualifications are needed to become a Fraud Examiner?
Typically, a bachelor’s degree in finance, accounting, or criminal justice is required, along with relevant certifications such as Certified Fraud Examiner (CFE).
What is the average salary of a Fraud Examiner?
The average salary ranges from $50,000 to $90,000 annually, depending on experience and location.
What skills are essential for a successful career in fraud examination?
Key skills include analytical thinking, attention to detail, strong communication abilities, and knowledge of legal regulations.
Are there opportunities for advancement in the field of fraud examination?
Yes, experienced fraud examiners can advance to senior positions or managerial roles within organizations.
What type of work environment do Fraud Examiners typically work in?
Fraud Examiners often work in various settings including corporate offices, government agencies, and financial institutions.
How Much Others Make?
Explore salary data for other professions to compare compensation across different career paths and industries.