Fraud Manager Salary

The average salary for a Fraud Manager in the UK is:

£39,756

Job profile for a Fraud Manager

Investigate cases where fraud is suspected. Have a detailed knowledge of the welfare benefits system. be qualified to degree level. Direct investigations. Have a thorough understanding od Scots/UK laws in relation to deceit crimes and the criminal justice system. Interview suspects under caution. Interview witnesses. Obtain data from external sources such as banks, credit card companies and utility providers. Analyse data. prepare reports for senior management. Provide fraud awareness training to internal and external staff. Liase with external and internal partners such as HMRC, Police Auditors. Investigate cases including taking testimony from witnesses. Prepare cases and submit for prosecution. Issue penalties and cautions against fraudsters. prepare and maintain statistical data.

- Fraud Manager Job Profile

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Fraud Manager Salary Comparison

In 2008, the average salary for this job was £30,000.

The average salary in 2010 was £36,700, based on 5 respondents (a difference of -100% from the 2009 figure.

The average salary in 2011 was £34,625, based on 4 respondents (a difference of -6% from the 2010 figure.

The average salary in 2012 was £50,200, based on 3 respondents (a difference of 45% from the 2011 figure.

The median salary for a Fraud Manager based on all salary survey responses is: £34,750

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About the Salary Survey Data in this survey is based on over 368,000 individual salary records. The date period for which job information was gathered varies, but is usually between 2008 - 2012. For precise date related information, custom reports may be ordered with greater granularity. Working 8 hours a day, 250 days of the year, the data suggests the hourly rate for Fraud Manager is £19.88.


Fraud Manager Salary By UK Region

These figures use non-job specific statistical weighting from our salary data pool and also include for comparison the salaries for a Fraud Manager job in US Dollars based on a recent exchante rate (last rate update 02/05/2013 with a pound to dollar exchange rate 1.56) for comparisons for our international visitors
Salary US Dollars Region
£34986 $54578.16 North West
£43335 $67602.6 London
£31805 $49615.8 Yorkshire and North East
£34588 $53957.28 South West
£40949 $63880.44 South East
£33793 $52717.08 Scotland
£35781 $55818.36 Northern Ireland
£33396 $52097.76 Wales
£36974 $57679.44 Midlands
£32998 $51476.88 East of England

With regard to age and impact on salary for a Fraud Manager, a statistical average weighting (that is based on how salary varies by age and not for a specific job which may vary considerably) suggests these figures: £29,817 for a worker in their 20s, £38,961 (30s), £46,117 (40s) and £46,117 (50s).
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Information on using the salary data and granularity
The average salary figure above for a Fraud Manager is considered highly likely to be representative of the UK market average due to the high number of respondents who had this exact job title.

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