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Fraud Examiners, Investigators and Analysts in Alabama

Fraud Examiners, Investigators and Analysts in Alabama

Considering working as a Fraud Examiners, Investigators and Analysts in Alabama? Here’s what the data says. All financial specialists not listed separately.

What do Fraud Examiners, Investigators and Analysts Make in Alabama?

For a fraud examiners, investigators and analysts working in Alabama, the median annual wage is $78,370 per year (or roughly $37.68/hour).Pay can range from $25,380 at the 10th percentile to $135,430 at the 90th percentile.

Wage Statistic Annual Hourly
10th percentile $25,380 $12.20
25th percentile $49,460 $23.78
Median (50th) $78,370 $37.68
75th percentile $104,330 $50.16
90th percentile $135,430 $65.11
Salary ranges for Fraud Examiners, Investigators and Analysts in Alabama

Location quotient — how concentrated this career is in Alabama relative to the national average — is 0.38, suggesting 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 Alabama median.

Fraud Examiners, Investigators and Analysts earnings in Alabama vs. the national average

Employment Outlook

Nationally, total employment in this occupation is 476,833 fraud examiners, investigators and analysts nationwide. In Alabama alone, about 660 people work in this role. That’s below the typical state, which employs around 1,510 fraud examiners, investigators and analysts.

Fraud Examiners, Investigators and Analysts in Alabama vs. the average state Forecasted number of jobs for Fraud Examiners, Investigators and Analysts

Top Alabama Metros for Fraud Examiners, Investigators and Analysts

The metro areas below employ the most fraud examiners, investigators and analysts in Alabama.

Metro Area Number Employed Annual Median Salary
Huntsville, AL 200 $97,860
Birmingham, AL 150 $65,440
Montgomery, AL 120 $91,260
Mobile, AL 40 $39,450

Top States for Fraud Examiners, Investigators and Analysts Employment

These states have the highest employment of 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

These states pay the most 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

Top fraud examiners, investigators and analysts skills, rated on an importance scale of 0 to 5:

Writing  4.1 / 5
0
5
Active Listening  4.1 / 5
0
5
Reading Comprehension  4.0 / 5
0
5
Complex Problem Solving  4.0 / 5
0
5
Speaking  4.0 / 5
0
5
Critical Thinking  4.0 / 5
0
5

Knowledge Areas

Key knowledge areas for this occupation, rated on an importance scale of 0 to 5:

English Language  4.4 / 5
0
5
Economics and Accounting  4.0 / 5
0
5
Law and Government  4.0 / 5
0
5
Computers and Electronics  3.6 / 5
0
5
Administration and Management  3.6 / 5
0
5
Mathematics  3.6 / 5
0
5

Abilities

The abilities that matter most for fraud examiners, investigators and analysts, rated on an importance scale of 0 to 5:

Written Expression  4.2 / 5
0
5
Problem Sensitivity  4.1 / 5
0
5
Oral Comprehension  4.1 / 5
0
5
Deductive Reasoning  4.0 / 5
0
5
Written Comprehension  4.0 / 5
0
5
Inductive Reasoning  4.0 / 5
0
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

Common tools and software used in this occupation include: Hot technologies: Microsoft Access, Microsoft Excel In-demand technologies: Microsoft Excel

What Major Will Prepare You For This Career?

Programs that train for this career include:

  • Finance & Financial Management
  • Business Administration & Management
  • Applied Mathematics
  • Religious Institution Administration and Law

Careers similar to fraud examiners, investigators and analysts include:

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

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