According to the National Fraud Authority, fraud, which includes scams, insurance cheats and online theft, costs the UK an estimated £38 billion every year. A whole army of professionals of various different skill levels are now employed to tackle this rapidly growing crime.
Tax and insurance deception account for the bulk of the losses, creating a vast number of anti-fraud jobs. Claims specialists, who earn between £20,000 and £25,000, usually work for fraud-prevention companies and often deal with personal injury and motor insurance claims. Councils, too, employ similar workers to investigate fraudulent claims in the social care sector. Salaries for these positions start at £16,000 and increase to £28,000 with experience.
A large number of solicitors also find employment in this sector. Salaries are around £30,000 per annum but could be as high as £50,000, depending on the individual employer. Less office-based positions include private investigators, who may be involved in the investigation of insurance or accident claims. Hours for this type of work are often irregular. Average salaries for this post are between £12,500 and £25,000 but could be as high as £100,000 for a highly skilled investigator.

Fraud is a complex kind of theft, sometimes called confidence game. Due to this threat, there are Fraud officers working in police departments and social care sectors of local councils. They help to prevent fraud cases and assist in fraud investigations.

A Fraud officer usually performs many of the following tasks:
• Working flexible hours.
• Writing reports.
• Making recommendations about fraud cases.
• Teaming up with local police to prevent fraud.

• Having computer abilities.
• Having good communication skills.
• Being motivated.
• Having special attention to details.
• Having fast decision making abilities.
• Being able to work with a team.
• Having special skills to collect and gather information.
• Being able to stay calm under pressure circumstances.
• Being disciplined and follow orders.
• Having good manners.

Among applicant degrees for Fraud officer jobs are the Higher National Diploma and the Higher National Certificate, but there are no specific academic qualifications for this area. It is always recommended to have a good academic background with Math and English skills.

It is necessary to have progression in job placements to have advanced knowledge in Regulation of Investigatory Powers Act 2000, Criminal Procedures and Investigations Act 1996, Data Protection Act 1998, and Police and Criminal Evidence Act 1984.