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Fraud Risk Management Jobs in Michigan (NOW HIRING)

City of Flint

Risk Management Specialist

Flint, MI · On-site

$35.60 - $39.47/hr

... Risk and Safety Program designed to reduce financial losses associated with City property and ... Manages and coordinates the Safety, Loss Control, Property/Liability Claims, Fraud Investigation ...

LAFCU

Card Services Manager

Lansing, MI

... fraud mitigation, and an exceptional member experience. This role provides leadership for card products, vendor relationships, and staff, while driving innovation, efficiency, and risk management ...

LAFCU

Card Services Manager

Lansing, MI · On-site

... fraud mitigation, and an exceptional member experience. This role provides leadership for card products, vendor relationships, and staff, while driving innovation, efficiency, and risk management ...

Huntington

Segment Risk Specialist Sr

Detroit, MI · On-site +1

$57K - $113K/yr

... credit, fraud, and operational risks across the merchant services portfolio. This role provides ... Develop and manage dashboards and reporting tools to track key risk indicators and portfolio trends.

OUCU

Card Fraud Manager

East Lansing, MI · Hybrid

$90K - $115K/yr

... management, and regulatory authorities, creating unique reports to define trends, anticipate ... Foster and promote a culture of risk awareness and accountability. Understand the Credit Union ...

OUCU

Card Fraud Manager

East Lansing, MI · On-site

$90K - $115K/yr

... management, and regulatory authorities, creating unique reports to define trends, anticipate ... Foster and promote a culture of risk awareness and accountability. Understand the Credit Union ...

MSUFCU

Card Fraud Manager

East Lansing, MI · On-site

$90K - $115K/yr

... management, and regulatory authorities, creating unique reports to define trends, anticipate ... Foster and promote a culture of risk awareness and accountability. Understand the Credit Union ...

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All JobsFraud Risk Management JobsFraud Risk Management Jobs in Michigan

Fraud Risk Management information

See Michigan salary details

$44.9K

$97.2K

$148.2K

How much do fraud risk management jobs pay per year?

As of Jun 30, 2026, the average yearly pay for fraud risk management in Michigan is $97,232.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,400.00 and $112,400.00 per year, depending on experience, location, and employer.

What are some common challenges faced in Fraud Risk Management roles and how are they addressed?

Professionals in Fraud Risk Management often face challenges such as staying ahead of constantly evolving fraud tactics, analyzing large volumes of transactional data, and ensuring compliance with regulatory standards. To address these challenges, teams typically employ advanced analytic tools, collaborate cross-functionally with IT and compliance departments, and engage in continuous training to stay updated on emerging threats. The work environment is dynamic and may involve both independent analysis and team-based investigations, fostering a culture of vigilance and proactive risk mitigation. This dynamic landscape offers professionals the opportunity to develop specialized expertise and grow into senior risk or leadership roles over time.

Is fraud a good career?

Fraud risk management is a growing field that involves detecting and preventing financial crimes, often requiring skills in data analysis, investigation, and knowledge of compliance standards. It offers opportunities for advancement and specialization, with roles in various industries such as banking, insurance, and retail. Success in this career typically depends on certifications like Certified Fraud Examiner (CFE) and staying updated on emerging fraud schemes.

How much does a Risk Manager get paid?

A Risk Manager's average salary typically ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. Professionals in fraud risk management often require strong analytical skills and certifications like FRM or CRM to advance and increase earning potential.

What are the key skills and qualifications needed to thrive in the Fraud Risk Management position, and why are they important?

To thrive in Fraud Risk Management, you need strong analytical skills, attention to detail, and a solid understanding of financial systems, often supported by degrees in finance, accounting, or related fields. Familiarity with fraud detection software, data analysis tools like SQL or SAS, and industry certifications such as CFE (Certified Fraud Examiner) are highly valued. Excellent communication, problem-solving abilities, and ethical integrity are critical soft skills for collaborating with teams and handling sensitive investigations. These skills and qualities are essential to effectively identify, investigate, and mitigate fraud risks, protecting organizational assets and maintaining compliance.

What does a fraud Risk Manager do?

A Fraud Risk Manager is responsible for developing and implementing strategies to detect, prevent, and respond to fraudulent activities within an organization. They analyze data, monitor transactions, and collaborate with other departments to reduce financial losses and ensure compliance with regulations. Strong analytical skills and knowledge of fraud detection tools are essential for this role.

What is a Fraud Risk Management job?

A Fraud Risk Management job involves identifying, assessing, and mitigating risks related to fraudulent activities within an organization. Professionals in this role develop and implement policies, controls, and monitoring systems to prevent fraud and financial crimes. They work closely with compliance, legal, and operational teams to investigate suspicious activities and ensure regulatory compliance. The goal is to minimize financial losses and protect the organization's reputation.

What is the highest paying risk management job?

In risk management, senior roles such as Chief Risk Officer (CRO) or Director of Risk typically have the highest salaries, often exceeding six figures annually. These positions require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills, especially in financial services or large corporations.
What are popular job titles related to Fraud Risk Management jobs in Michigan? For Fraud Risk Management jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Fraud Risk Management jobs in Michigan look for? The top searched job categories for Fraud Risk Management jobs in Michigan are:
Fraud Risk Management jobs near you
Infographic showing various Fraud Risk Management job openings in Michigan as of June 2026, with employment types broken down into 6% Internship, and 94% Full Time. Highlights an 77% In-person, 6% Hybrid, and 17% Remote job distribution, with an average salary of $97,232 per year, or $46.7 per hour.
Senior Fraud Analyst

Senior Fraud Analyst

AAA Life Insurance Company

Livonia, MI • On-site, Remote

Full-time

Posted 7 days ago

Job description

Overview
Why AAA Life
AAA Life is a respected and trusted American brand that has been focusing on Life Insurance and
Annuity Products since 1969. At AAA Life we have over 1.8 million policies where we take pride in
earning the trust of our policyholders who understand our promise to be there for them - and their
families - when we're needed most. By joining the AAA Life team, you are joining a company that
genuinely cares about helping each other, with a devotion to protect the lives of those around us.
We embrace a diverse, equitable, inclusive culture where all associates can feel a sense of belonging
and use their unique talents and perspective to influence, innovate, motivate, and thrive.
How You'll Work
Work Solution: Hybrid
Relocation Eligibility: Available
Responsibilities
What You'll Do
Operating within the core values and operating principles of the organization, the Senior Fraud
Analyst is responsible for leading advanced fraud analytics and supporting the continuous
enhancement of the organization's fraud detection, prevention and investigative capabilities. This role
operates with a high level of independence and judgment, focusing on identifying complex fraud
patterns, strengthening enterprise controls, and supporting cross-functional fraud risk management
initiatives. This incumbent will work cross-functionally with all departments to combat fraudulent
activities and cultivate a best-in-class fraud prevention and reporting program. This individual will lead
AAA Life's fraud monitoring and detection efforts and serve as the main point of contact for fraud
investigations and reporting.
  • Lead advanced reviews and trend analyses of complex fraud patterns across multiple lines of business-including life insurance, annuities, and accident & health products-to identify and address potential suspicious activity.
  • Analyze large data sets to uncover emerging fraud typologies and conduct root cause analyses to determine systemic vulnerabilities.
  • Support fraud investigations through detailed case development, analytical review of suspected fraud, and evaluation of referrals.
  • Evaluate claims, transactions, applications, and account activities to identify fraud indicators and inform escalation decisions.
  • Monitor fraud across the network, serve as a primary contact for investigations, and collaborate with internal partners to execute fraud policies and develop proactive prevention strategies.
  • Implement and enhance fraud risk metric monitoring through research, resolution of risk events, and the development of mitigation levers.
  • Accurately document all investigative steps and findings, interact with business units and external agencies, and take appropriate actions to protect company assets and ensure compliance with regulatory requirements.

Position Success Criteria
  • Results Orientation / Bias for Action: Consistently delivers quality work on time, manages priorities effectively, applies critical thinking to resolve issues, and collaborates to achieve goals.
  • Customer and Business Focus: Considers stakeholder perspectives, adapts to changing needs, proactively removes barriers, and enhances fraud prevention and detection.
  • Communication and Influence: Communicates clearly and professionally, presents analytical findings to support decisions, contributes confidently to discussions.
  • Technical and Professional Expertise (Fraud & Analytics): Maintains strong knowledge of fraud risk and analytics, applies expertise to identify and assess fraud, and translates data into actionable insights to improve controls.
  • Decision Quality and Judgment: Exercises independent judgment in fraud assessment, makes informed decisions, escalates when needed, and offers sound recommendations to influence strategies and investigations.

Qualifications
Qualifications
  • Bachelor's Degree preferred; degree in related discipline, such as criminal justice, risk management, business, or law. A combination of education and relevant work experience can be substituted for a degree.
  • Minimum three years of relevant experience in life insurance, financial services, or related industry.
  • Experience or training in interviewing techniques, testifying in front of tribunals, and report writing.
  • Experience using data analytics tools, reporting platforms, or business intelligence solutions to identify fraud trends, assess risk, and support process or control improvement initiatives.
  • Strong proficiency with Windows-based applications (e.g., Excel, reporting systems, case management platforms), with the ability to quickly learn and apply new systems and technologies.

Preferred Qualifications
  • Membership in an investigative association, such as CFE, ICA Fraud Committee, IASIU, NICB, or CFCI, a plus
  • Certifications such as Certified Fraud Examiner (CFE), Certified Financial Crimes Investigator (CFCI), or Certified Anti-Money Laundering Specialist (CAMS) are strongly preferred.
  • Prior experience in fraud analysis, investigations, financial crimes, risk management, compliance, law enforcement, or similar disciplines is strongly preferred, particularly within life insurance environment.

While performing the duties of this job, the employee is frequently required to stand, walk, sit, use hands and fingers to handle, or feel, talk, hear, and concentrate. Specific vision abilities required by this job include close vision, distance vision, depth perception, and ability to adjust focus.
This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements. Reasonable accommodation will be made for otherwise qualified applicants as needed to enable them to fulfill these requirements. We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.
AAA Life Insurance Company does not offer immigration sponsorship for this position. This includes visa types such as H-1B, TN, and STEM OPT. Please do not apply if you currently require or may require employer-sponsored immigration support now or in the future.

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