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Fraud Analyst Jobs in Madison, WI (NOW HIRING)

Analyst

Madison, WI ยท On-site

$112K/yr

... consumer fraud and product liability, accounting, and more. Our case teams range in size and typically include an academic or industry testifying expert, senior consultants, and other Analysts.

New

... consumer fraud and product liability, accounting, and more. Our case teams range in size and typically include an academic or industry testifying expert, senior consultants, and other Analysts.

New

Analyst

Whitewater, WI ยท On-site

$112K/yr

... consumer fraud and product liability, accounting, and more. Our case teams range in size and typically include an academic or industry testifying expert, senior consultants, and other Analysts.

New

... consumer fraud and product liability, accounting, and more. Our case teams range in size and typically include an academic or industry testifying expert, senior consultants, and other Analysts.

New

Senior Analyst, Analytics

Madison, WI ยท On-site

$88K - $117K/yr

Ability to provides basic datasets to analyst teams for exploratory analysis. * Reporting and BI: * * Skilled in BI applications such as PowerBI. * Advanced ability to construct dynamic reports ...

Senior Analyst, Analytics

Madison, WI

$88K - $117K/yr

Ability to provides basic datasets to analyst teams for exploratory analysis. * Reporting and BI: * * Skilled in BI applications such as PowerBI. * Advanced ability to construct dynamic reports ...

Financial Analyst Department: Finance / Accounting / Audit Employment Type: Full Time Location: US - Wisconsin - Madison Description At Franklin Electric, Finance plays a critical role in driving ...

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Fraud Analyst information

See Madison, WI salary details

$15

$30

$64

How much do fraud analyst jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for fraud analyst in Madison, WI is $30.92, according to ZipRecruiter salary data. Most workers in this role earn between $21.30 and $34.13 per hour, depending on experience, location, and employer.

What is the difference between Fraud Analyst vs Compliance Analyst?

AspectFraud AnalystCompliance Analyst
Required CredentialsCertifications like CFE, ACFE, or fraud-specific trainingCertifications such as CRCM, CAMS, or compliance-specific courses
Work EnvironmentFinancial institutions, e-commerce, insurance companiesBanking, finance, healthcare, and regulatory agencies
Employer & Industry UsageFocus on detecting and preventing fraud activitiesFocus on ensuring adherence to laws and regulations

While both Fraud Analysts and Compliance Analysts work within financial and regulated industries, Fraud Analysts primarily focus on identifying and preventing fraudulent activities, whereas Compliance Analysts ensure organizations follow legal and regulatory standards. Both roles require similar certifications and often operate in overlapping environments, but their core responsibilities differ significantly.

What does a fraud analyst do?

As a fraud analyst, your responsibilities are to monitor bank accounts, financial transactions, accounting paperwork, and other financial documents and analyze the data to identify any potential fraudulent activity. Fraud analysts work in several fields, including insurance, municipal, state, and federal law enforcement, finance, and banking, and your duties differ depending on the type of institution or agency for which you work. However, your tasks generally include using sophisticated software to pick up on patterns of behavior by a financial institution, business, or individual.

What qualifications do you need to be a fraud analyst?

A fraud analyst typically needs a bachelor's degree in finance, accounting, criminal justice, or a related field. Strong analytical skills, attention to detail, and experience with data analysis tools or fraud detection software are also important. Certifications such as Certified Fraud Examiner (CFE) can enhance qualifications.

What is the job of a fraud analyst?

A fraud analyst investigates and detects fraudulent activities by analyzing transaction data, patterns, and behaviors to prevent financial losses. They use tools like data analysis software and may need certifications such as Certified Fraud Examiner (CFE) to perform their duties effectively.

How much do fraud analysts get paid?

Fraud analysts typically earn a median annual salary of around $50,000 to $70,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications can earn higher salaries, especially in financial services or technology sectors.

What are some typical challenges faced by fraud analysts, and how can they be addressed?

Fraud Analysts often deal with the challenge of distinguishing between legitimate and suspicious activities in large volumes of data, which requires keen attention to detail and strong analytical skills. Another common challenge is keeping up with evolving fraud tactics and technologies. To overcome these, analysts regularly participate in ongoing training, leverage advanced detection tools, and collaborate closely with IT and compliance teams. Open communication and knowledge sharing within the team also play key roles in staying ahead of potential threats.

What are the key skills and qualifications needed to thrive as a fraud analyst, and why are they important?

To thrive as a Fraud Analyst, you need strong analytical skills, attention to detail, and a background in finance, accounting, or a related field, often supported by a bachelor's degree. Familiarity with fraud detection software, data analysis tools like SQL or Excel, and relevant certifications such as CFE (Certified Fraud Examiner) are commonly required. Strong problem-solving, critical thinking, and effective communication skills help Fraud Analysts investigate suspicious activities and collaborate with other departments. These skills and qualifications are essential for accurately identifying fraudulent behavior, minimizing financial losses, and upholding organizational integrity.

Is fraud analysis a good career?

Fraud analysis is a viable career that involves detecting and preventing financial crimes using data analysis and investigative skills. It often requires knowledge of fraud schemes, analytical tools, and sometimes certifications like Certified Fraud Examiner (CFE). The role offers opportunities for advancement and typically involves a structured work environment with regular hours.

What does a fraud analyst do?

A Fraud Analyst is responsible for detecting, investigating, and preventing fraudulent activities within an organization, typically in the banking, finance, or retail sectors. They analyze transactions, monitor accounts for suspicious behavior, and use specialized software to identify patterns that may indicate fraud. Fraud Analysts work closely with other departments and law enforcement agencies to resolve cases and help develop strategies to minimize future risks.
What are the most commonly searched types of Fraud Analyst jobs in Madison, WI? The most popular types of Fraud Analyst jobs in Madison, WI are:
What are popular job titles related to Fraud Analyst jobs in Madison, WI? For Fraud Analyst jobs in Madison, WI, the most frequently searched job titles are:
What job categories do people searching Fraud Analyst jobs in Madison, WI look for? The top searched job categories for Fraud Analyst jobs in Madison, WI are:
What cities near Madison, WI are hiring for Fraud Analyst jobs? Cities near Madison, WI with the most Fraud Analyst job openings:
Infographic showing various Fraud Analyst job openings in Madison, WI as of August 2026, with employment types broken down into 100% Full Time. Highlights an 60% In-person, and 40% Remote job distribution, with an average salary of $64,319 per year, or $30.9 per hour.

CLTS-Children's Long-Term Support Analyst

Rock County

Janesville, WI โ€ข On-site

$34.69 - $41.37/hr

Other

Posted 10 days ago


Job description

Position Summary and Job Duties This position within the Children's Long-Term Support (CLTS) Program has analyst responsibilities in the areas of program compliance and project management. The Analyst assists with key responsibilities including coordinating quality assurance efforts, compliance monitoring, policy management, and continuous quality improvement activities. This also includes monitoring program compliance with county, state, and federal requirements; conducting record reviews and audit activities; coordinating policy development and implementation; managing Notices of Adverse Action and appeals processes; facilitating high-cost project reviews and outlier rate requests; and supporting program performance measurement through data analysis and reporting.

Supports and promotes the Mission, Vision, and Guiding Principles of the Human Services Department. Performs duties in a manner consistent with departmental professional standards, "Commitment to Co-Workers", and organizational values. 30%- Program Systems, Compliance, and Quality Assurance Track participant compliance requirements including recertifications, functional screens, assessments, ISP reviews, enrollment timelines, and other required documentation.

Review participant records and data systems to ensure accuracy, completeness, and compliance with county, state, and federal requirements. Facilitate audit activities, including MetaStar record reviews, and coordinate remediation efforts. Serve as a liaison with state agencies and technical support entities regarding program operations, systems, and compliance requirements.

Assist with local requirements in regard to Medicaid Compliance 30%-Project Management and Operational Support Review referrals for adverse actions, analyze participant records and supporting documentation, and determine compliance with CLTS policy and Deciding Together requirements. Draft, issue, and track Notices of Adverse Action (NOAs), ensure adherence to regulatory timelines and notice requirements, and provide support and coordination related to participant appeals. Coordinate the review, development, revision, and implementation of program policies and procedures to ensure alignment with state requirements and program operations.

Facilitate the CLTS Policy Workgroup by scheduling meetings, preparing materials, documenting discussions and decisions, tracking action items, and communicating approved changes to staff and leadership. Coordinate the High-Cost Review Panel process, including scheduling and facilitating meetings, preparing and collecting required documentation, documenting recommendations and decisions, tracking action items, and providing technical assistance to staff. Manage high-cost project tracking and complete required submissions, notifications, and supporting documentation within state systems to ensure compliance with waiver requirements and established timelines.

Assist staff and providers with outlier rate applications and renewals, including gathering documentation, submitting required materials, and serving as the primary point of contact throughout the review process. Track dual CLTS/CCS enrollments and referrals to support program collaboration and coordination. Coordinate other special projects and initiatives that support program goals and operational effectiveness.

10%- Data Analysis, Reporting, and Program Performance Collect, analyze, and maintain program data to evaluate performance, identify trends, and support decision-making. Prepare reports, dashboards, and recommendations for supervisors, management, and stakeholders. Monitor key performance indicators and quality measures to assess program effectiveness and identify opportunities for improvement.

Develop and administer surveys and other feedback tools to evaluate participant experiences and program outcomes. Track and analyze enrollment, eligibility, and performance data and prepare reports to support program oversight, quality assurance, and operational decision-making. 10%- Training, Resource Management, and Continuous Improvement Develop and maintain program resources, forms, guides, policies, and training materials.

Coordinate staff communication and training related to policy updates, process changes, and system enhancements. Maintain shared program resources and reference materials in Teams to ensure staff have access to current information. Support continuous quality improvement efforts through process evaluation, project management, and implementation of operational enhancements.

Provide cross-functional support and coverage for analyst responsibilities to ensure continuity of program operations during staffing shortages, vacancies, workload fluctuations, and special initiatives. 10% - Medicaid Fraud, Waste, and Abuse Monitoring Review as requested participant, provider, and billing activities to identify potential fraud, waste, abuse, or misuse of Medicaid-funded services. Review service utilization, provider billing, and authorization information to ensure services are delivered as approved and in accordance with CLTS policy and Medicaid requirements.

Investigate compliance concerns, implement corrective administrative actions when appropriate, and coordinate referrals to DHS, OIG, or other authorized entities for suspected fraud or abuse. Support program integrity initiatives through ongoing monitoring, education, and collaboration with staff, providers, and fiscal partners. 10% - Analyst Coverage, Program Support, and Special Projects Assist with Notices of Adverse Action, policy and procedure development, data analysis, compliance monitoring, and other analyst functions as assigned.

Participate in program workgroups, operational improvement initiatives, and special projects that support program goals and regulatory compliance. Provide cross-functional support and coverage for analyst responsibilities to ensure continuity of program operations during staffing shortages, vacancies, workload fluctuations, and special initiatives. Provide temporary case management coverage, including completion of required contacts, documentation, assessments, authorizations, and other service coordination activities, as needed to support program operations.

Success Factors (KSA's) Knowledge of Human Services Programs & Medicaid Ability to prepare and organize documents and to present facts clearly and concisely, orally and in writing Attention to detail and accuracy Ability to problem solve, quantitatively or qualitatively define problems and find solutions Ability to effectively communicate in writing to a wide variety of audiences Ability to work with others, prioritize duties, multi-task, work under deadlines, and be flexible and adaptive Ability to establish and maintain effective working relationships with co-workers, officials, providers, and the general public Experience utilizing computer software tools, such as spreadsheets and databases Job Requirements, Education, Training & Experience Bachelors Degree from an accredited college or university with major coursework in social work, public administration, or a human services related field. Essential Job Functions (physical elements, equipment and working conditions) Physical elements: - Ability to stand, walk and sit. - Ability to exert up to 20 lbs of force occasionally or up to 10 lbs of force frequently Equipment use: - Ability to use computer and computer keyboard.

- Ability to use standard office equipment. Working conditions: - Almost all indoor work in an office setting