Insurance Fraud Investigators
Overview
Introduction
Insurance fraud investigators investigate possible instances of insurance fraud. These claims might involve suspicion of staged accidents, arson, or unnecessary medical treatments, among many other types of fraud. Approximately 328,500 insurance investigators, claims adjusters, and examiners are employed in the United States.
Quick Facts
Median Salary
Employment Prospects
Minimum Education Level
Experience
Skills
Personality Traits
Earnings
Claims investigators, adjusters, and examiners earned median salaries of $66,790 in May 2019, according to the U.S. Department of Labor. Earnings ranged from less than $41,100 to $100,400 or more.
Insurance fraud investigators who are certified earn higher salaries than those who are not certified. For example, certified fraud examiners earned median annual salaries of $95,9...
Work Environment
Insurance fraud investigators often work irregular hours (including nights and weekends) to conduct surveillance and interview witnesses or claimants. Investigators work both inside at computers in typical office settings and outside at the scenes of accidents, fires, and other locations where a claim has been made. At the scene of a fire or explosion, there is some danger from injury by collap...
Outlook
Employment for insurance investigators, claims adjusters, and examiners is expected to decline through 2028, according to the U.S. Department of Labor, due to automation. Despite this prediction, there will always be a need for investigators. Fraud investigation software has helped investigators to do their jobs more effectively, but people are still actually needed to conduct surveillance and ...
