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 355,600 insurance investigators, claims adjusters, appraisers, 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 $75,050 in May 2023, according to the U.S. Department of Labor. Earnings ranged from less than $47,390 to $105,440 or more.
Insurance fraud investigators who are certified earn higher salaries than those who are not certified. For example, certified fraud examiners with a four-year degree earned median annual salari...
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, appraisers, and examiners is expected to decline by 5 percent through 2033, according to the U.S. Department of Labor, due to automation. The growth of artificial intelligence is expected to increase workers productivity and efficiency, reducing the number of available jobs. Despite this prediction, there will always be a need for invest...