Sr. Investigator Jobs
Insurance Senior Investigator Overview
Being responsible for investigating, triaging and resolving fraudulent insurance claims, Senior Investigators utilize data analysis, confidential investigations and members' information to determine abusive conduct, documenting any relevant findings for later review. These professionals report any illegal activities to the appropriate authorities, according to current insurance laws and regulations. Senior Investigators conduct on-site provider clinical and claim audits through the analysis of any relevant documentation, acting as the subject matter for the identification, communication and recovery of losses. Individuals who wish to become Senior Claims Investigators need to be prepared to work irregular hours due to surveillance needs and client meetings. These professionals may choose to hone their skills in a similar area of expertise, such as a Claims Assessor, Claims Examiner or Claims Adjuster.
Insurance Senior Investigator Education Requirements
Even though a high school diploma or the equivalent is the minimum requirement for Insurance Investigators, many companies prefer hiring those who have undergone training as a Law Enforcement Officer, Claims Adjuster, Private Investigator or Examiner. This training will provide investigators with the interrogation and interviewing skills they need to succeed in this career. Most companies prefer hiring candidates who have previous experience in abuse, waste and fraud investigations.
Extensive on-the-job training is required in order to advance to senior status. Claims Investigators will start out working on small claims under experienced supervision, and the more they learn, the more complex the cases will become. With certification varying by state, Senior Investigators may need to complete an applicable pre-licensing education and exam. These professionals need to keep their licensure up to date by taking continuing education courses, writing articles or giving lectures.
Insurance Senior Investigator Job Market
With statistics reporting an increase of 3 percent in employment by 2022, projected job growth is slow, but interested individuals can take advantage of the additional 10,800 Insurance Senior Investigator jobs available across the nation over the next decade.
Insurance Senior Investigator Salary
Recent studies show that senior investigators can make upwards of $89,810 per year with the annual median wage being $59,960.