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What does a Fraud Examiner earn?
Fraud Examiners typically earn an average salary of £33,600 in the UK. They work by conducting audits and investigations to detect and prevent fraudulent activity. They assist in identifying irregularities and verify financial records for clients from any size or sector. A person in this role may choose to specialise in areas such as anti-money laundering, cybersecurity, or corporate fraud.
How to earn more as a Fraud Examiner
To become a Fraud Examiner, you will need a degree in fraud examination or accounting. You could also complete a degree apprenticeship or postgraduate course. To increase your earning potential, specialising in one area, for example cyber fraud investigation, is recommended. You could also work as a consultant or set up your own practice as a private fraud examiner. With the right qualifications and experience, Fraud Examiners can earn in excess of £54,600 a year.
Min: £17,500.00 Max: £54,600.00
Average Fraud Examiner Salary in UK : £33,564.64
Read about Fraud Examiner salaries, related jobs and salary information across the UK
Fraud Examiner Salary data from the ONS
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Recommended Fraud Examiner Jobs in UK
Average Salary for Fraud Examiner compared to similar jobs
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| Job Title | UK Average |
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| Job Centre Work Coach Salary in UK | £27,298.00 |
| Tax Examiner and Collector Salary in UK | £32,593.54 |
| Fraud Investigation Officer Salary in UK | £35,663.52 |
Salary by Region
Compare Fraud Examiner salaries across different regions
| Region | Salary |
|---|---|
| Scotland | £30,002.50 |
| Wales | £28,137.87 |
| East Midlands | £27,365.74 |
| Eastern | £23,479.04 |
| London | £43,772.68 |
| North East | £37,871.10 |
| North West | £28,610.46 |
| South East | £24,493.94 |
| South West | £24,485.87 |
| West Midlands | £39,701.64 |
| Yorkshire and the Humber | £26,077.19 |
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Understanding the Average Fraud Examiner Salary in the UK
When it comes to the average salary of a Fraud Examiner in the UK, it can vary depending on various factors such as experience, qualifications, and the sector in which they work. According to average Public Sector salaries, the average salary for a Fraud Examiner in the UK is £33,600 per year. However, it is important to note that this is just an average and individual salaries may differ.
Salary Expectations for Newly Qualified Fraud Examiner
If you are a newly qualified Fraud Examiner in the UK, you may be wondering what salary you can expect. The salary range for a newly qualified Fraud Examiner can vary depending on factors such as location and the size of the organization. To get a better idea of the salary range for this role, you can explore various job search platforms such as job search websites.
Salaries for Experienced Fraud Examiner
As an experienced Fraud Examiner in the UK, you can expect to earn a higher salary compared to those who are newly qualified. The salary for an experienced Fraud Examiner can range from £17,500 to £54,600 per year. This range takes into account factors such as experience, qualifications, and the sector in which you work.
Creating a Fraud Examiner CV
When applying for a Fraud Examiner role in the UK, having a well-crafted CV is essential. A CV that highlights your relevant skills, qualifications, and experience can greatly increase your chances of securing a job in this field. To help you create an effective CV, you can use a CV template specifically designed for Fraud Examiners.
Career Development Opportunities for Fraud Examiner
As a Fraud Examiner in the UK, there are various career development opportunities available to you. These opportunities can help you enhance your skills, gain additional qualifications, and progress in your career. To explore different career development options for Fraud Examiners, you can seek career advice from professionals in the field.
Comprehensive Compensation for Fraud Examiner
Aside from the base salary, Fraud Examiners in the UK may also receive additional compensation in the form of benefits and bonuses. These can include healthcare benefits, pension schemes, and performance-based bonuses. The comprehensive compensation package for a Fraud Examiner can vary depending on the organization and the individual's experience and performance.
Strategies for Increasing Your Salary as a Fraud Examiner
If you are looking to increase your salary as a Fraud Examiner in the UK, there are several strategies you can employ. These include gaining additional qualifications, acquiring specialized skills, and taking on more responsibilities within your role. By continuously improving your expertise and demonstrating your value to employers, you can negotiate for higher salaries and better compensation packages.
Professional Development and Earnings
Continuing professional development is crucial for Fraud Examiners in the UK. By staying updated with the latest industry trends, regulations, and techniques, you can enhance your skills and increase your earning potential. Participating in relevant training programs, attending conferences, and obtaining certifications can all contribute to your professional development and ultimately lead to higher earnings.
Capitalising on Extra Hours and Duties
As a Fraud Examiner in the UK, there may be opportunities to earn additional income by taking on extra hours or duties. Some organizations offer overtime pay or bonuses for working beyond regular hours or handling additional responsibilities. By capitalizing on these opportunities, you can further boost your earnings as a Fraud Examiner.
