Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Fraud Investigation Supervisor Job Description

Job Descriptions January 3, 2014

Fraud investigation requires analytical, logical and social skills in order to analyze legal, financial and personal information while providing a variety of services, including tracing missing persons, detecting financial fraud, verifying backgrounds and other information, and investigating crimes of legal, financial and personal matters. When employed by federal or state forces, investigators may be required to make arrests, perform undercover operations or surveillance, or provide information, documentation, evidence, training or support to federal or state agencies.

While some investigators spend most of their working hours in the field conducting interviews, performing surveillance, and providing damage control, many investigators also spend much of their working time behind computers recording information and providing correspondence between employees and employers. It should be noted that fraud investigators often work irregular hours, including early mornings, late nights, and holidays.

While schooling is not always a requirement, some desirable skills and knowledge do apply. The ability to think and act quickly in emergencies; organize, develop and carry out investigations safely and quickly; prepare and organize concise and organized documentation and evidence; and follow written and oral instruction are helpful skills. Knowledge of federal, state and local laws is useful, as well as knowledge of legal rights and effective interview techniques.

Fraud investigator supervisors should have managerial skills including the ability to manage employees, determine the best methods for conducting investigations, and the ability to receive and manage written and oral instruction.

In most of the United States, a license is required for personal detectives and investigators. When applying for a private investigator’s license, interested parties should be aware that the requirements for licenses vary by state. Most license applications include a history or background check, a written exam, a licensing fee, and occasionally previous experience in the field or a degree in political science, justice or criminal law. An age restriction of eighteen years is common in most states when applying for a private investigator’s permit.

Applicators are encouraged to apply for a firearm permit, as concealed or non-concealed firearms are not legal without a permit. Tear gas permits are also available in most states, and applicators are encouraged to apply for such permits when considering tear gas as an option. Most private investigator licenses also require the investigator and her or his employees to have insurance, especially when carrying firearms or other weaponry, in case of bodily injury or damage to property.

In May 2010, the average pay of private detectives and investigators was $42,810. The lowest ten percent of investigators earned $74,970 while the lowest ten percent earned $25,760. Demand for private investigators is expected to rise in coming years; cyber crimes such as identity theft, financial scams and insurance fraud have grown in recent years with technological advances, causing an increased need to fraud investigation.

Searching Searching ...

Matching School Ads
3 Program(s) Found
  • There's still time to apply to Grand Canyon University and pursue your education. Learn more today!
  • Study on your schedule - GCU offers many programs 100% online to fit your busy lifestyle.
  • GCU offers a variety of opportunities to reduce the cost of furthering your education. Campus students may qualify for scholarships, while online students can take part in limited special offers.
  • A regionally accredited university, GCU also holds specialized accreditations and approvals for some of our core program offerings.
  • Degrees in business, education, nursing, humanities and social sciences, theology and more. Find the degree that fits you.
  • Talk to us today to learn more about financial aid and start dates!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right IT, Computer Science, Cybersecurity, Software and Application Development, Web Design or Technology Management Degree Program for YOU.
  • Affordable and Flexible Information Technology Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect IT/Computer Science Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

Searching Searching ...

Matching School Ads
3 Program(s) Found
  • Which career path will you take – Business, Nursing, Education, Psychology? Something else? GCU offers more than 100 majors to get you started!
  • Colangelo College of Business: Features more than 25 programs from the bachelor through the master's level, including several high-demand MBA programs and an accelerated accounting degree.
  • College of Nursing and Health Care Professions: Rich 25-year history providing outstanding health care and nursing degree programs, including an RN to BSN program & master's in nursing degrees.
  • College of Education: Whether you are looking to start or advance your career as a teacher or administrator, GCU offers bachelor’s and master’s in education degrees in key areas.
  • College of Humanities and Social Sciences: Provides a job focused education and features a variety of programs from counseling and psychology to justice studies, history and English literature.
  • Does something else interest you? GCU also offers programs in Doctoral Studies; Theology; Science, Engineering & Technology; and Fine Arts & Production. Speak with an enrollment counselor today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right IT, Computer Science, Cybersecurity, Software and Application Development, Web Design or Technology Management Degree Program for YOU.
  • Affordable and Flexible Information Technology Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect IT/Computer Science Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!