Mid-Level

Fraud and Waste Investigator

This role investigates improper payments and fraudulent claims — often at government agencies (Medicare, Medicaid, DOL), insurance carriers, or large healthcare systems. The work blends data analysis, witness interviews, and the documentation that supports recovery or enforcement.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
C
E
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R
S
A
Conventionalorganizing, detail-oriented
Enterprisingleading, persuading
Based on Holland Code framework
Job markets for Fraud and Waste Investigators
Employment concentration · ~251 areas
Based on employment in related occupations
Mapped SOC categories:
BLS Occupational Employment Statistics
What it's like

What it's like to be a Fraud and Waste Investigator

This role lives at the investigations layer of payment integrity — claims that don't add up, billing patterns that look manipulated, vendors who keep showing up where they shouldn't. You're often between data analytics teams, internal counsel, and external law enforcement. Recoveries identified and cases referred for prosecution anchor the visible measures.

Where it gets demanding is the burden of proof on referral cases — civil recoveries require documentation, criminal referrals demand higher standards, and the investigator builds the file knowing it may end up in litigation. Variance across employers is real: government inspector general offices run with structured procedures; healthcare payer SIUs work alongside provider networks and law enforcement.

Strong fraud-and-waste investigators tend to be patient pattern-readers and disciplined evidence-builders. The trade-off is case-by-case duration — investigations can run months or years before resolution. CFE, AHFI, or AICP credentials anchor advancement; the role often leads into SIU management or compliance leadership.

IndependenceAbove avg
AchievementAbove avg
Working ConditionsAbove avg
SupportModerate
RecognitionModerate
RelationshipsModerate
O*NET Work Values survey
✦ Editorial — written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape — and where it can take you.

$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
1 BLS OEWS May 2024 covers all Fraud and Waste Investigators (SOC 13-2099.04), not just this title · BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Exploring the Fraud and Waste Investigator career path? Truest helps you figure out if it's the right fit — and plan your path forward.
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✦ Editorial — career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.

$46K–$152K
Salary Range
10th – 90th percentile
127K
U.S. Employment
+3.1%
10yr Growth
10K
Annual Openings

How this category is changing

$74K$71K$68K$65K$62K201920202021202220232024$62K$74K
BLS OEWS May 2024 · BLS Employment Projections 2024–2034

Skills & Requirements

Active ListeningWritingComplex Problem SolvingSpeakingCritical ThinkingReading ComprehensionJudgment and Decision MakingActive LearningCoordinationSocial Perceptiveness
O*NET OnLine · Bureau of Labor Statistics
13-2099.04

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) · BLS Employment Projections · O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.