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Strategy Associate Jobs in Indiana (NOW HIRING)

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Strategy Associate information

See Indiana salary details

$30.9K

$89.2K

$140.8K

How much do strategy associate jobs pay per year?

As of Aug 22, 2026, the average yearly pay for strategy associate in Indiana is $89,198.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,600.00 and $118,900.00 per year, depending on experience, location, and employer.

What is a strategy associate?

Strategy associates analyze data to help develop and execute a project for a company. These projects may include product launches, marketing campaigns, or financial analysis. As a strategy associate, your responsibilities are to prioritize tasks, streamline processes, and identify and resolve problems within the project. You may also be responsible for providing reports or presentations on your analysis and findings to company stakeholders.

How does a strategy associate typically collaborate with other departments within an organization?

Strategy Associates often work closely with teams across finance, marketing, operations, and product development to gather data, align on business objectives, and support the execution of strategic initiatives. This role requires strong communication skills and the ability to coordinate cross-functional meetings, synthesize diverse perspectives, and ensure stakeholders are informed throughout the project lifecycle. By collaborating with multiple departments, Strategy Associates gain a holistic view of the business and contribute to solutions that drive organizational growth.

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

To thrive as a Strategy Associate, you need strong analytical abilities, business acumen, and a relevant degree in business, economics, or a related field. Familiarity with data analysis tools like Excel, PowerPoint, and sometimes SQL or Tableau, as well as experience with strategic frameworks, is highly beneficial. Excellent communication, problem-solving, and teamwork skills help you effectively present recommendations and collaborate across departments. These competencies ensure you can develop actionable insights and support high-impact business decisions.

What is the difference between Strategy Associate vs Business Analyst?

AspectStrategy AssociateBusiness Analyst
Required CredentialsBachelor's degree, often MBA or related fieldBachelor's degree, sometimes advanced certifications
Work EnvironmentConsulting firms, corporate strategy teamsCorporate, consulting, or finance sectors
Employer & Industry UsageManagement consulting, corporate strategy departmentsBusiness operations, finance, consulting
Common Search & ComparisonYesYes

The Strategy Associate and Business Analyst roles share similarities in required education and work environments, often overlapping in consulting and corporate sectors. However, Strategy Associates typically focus on high-level strategic planning and recommendations, while Business Analysts tend to analyze data and support operational decisions. Both roles are essential in strategic and business development contexts, but their core responsibilities and focus areas differ slightly.

What are the most commonly searched types of Strategy jobs in Indiana?

The most popular types of Strategy jobs in Indiana are:

What are popular job titles related to Strategy Associate jobs in Indiana?

For Strategy Associate jobs in Indiana, the most frequently searched job titles are:

What cities in Indiana are hiring for Strategy Associate jobs?

Cities in Indiana with the most Strategy Associate job openings:

Infographic showing various Strategy Associate job openings in Indiana as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 27% Part Time, 1% Temporary, and 2% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $89,198 per year, or $42.9 per hour.

Fraud Strategy & Tools Specialist

FIRST MERCHANTS

Greenwood, IN

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 7 days ago


First Merchants Bank rating

7.8

Company rating: 7.8 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

88th of 171 rated banks


Job description

First Merchants Bank is seeking a Fraud Strategy & Tools Specialist to join our team! As part of the External Fraud Working Group’s strategic initiative, this role is designed to centralize and enhance the bank’s use of fraud prevention and detection tools and technologies. The Fraud Strategy & Tools Specialist will be responsible for fully understanding, optimizing, and aligning fraud tools with business goals, while proactively identifying trends and recommending improvements. This role will serve as a key liaison between fraud operations, line of business (LOB) teams, and external vendors.

Essential Duties and Responsibilities: 

  • Tool Optimization & Oversight 
    • Attend vendor and user group meetings to stay current on tool capabilities and updates. 
    • Monitor system changes and assess their impact—both positive and negative—on fraud detection and prevention.
    • Fully understand the capabilities of existing fraud tools and identify opportunities for enhancement.
  • Strategic Coordination & Documentation 
    • Understand fraud practices and control effectiveness. 
    • Coordinate with LOBs to support decision-making related to fraud tools and strategies. 
    • Document current state, key decisions, and maintain up-to-date records of tool configurations and usage.
    • Research and recommend leading practices in fraud prevention and technology utilization.
  • Fraud Intelligence & Triage
    • Identify and analyze fraud trends across channels and products. 
    • Participate in the fraud triage team to support rapid response and resolution.
    • Provide recommendations for ongoing tuning and configuration of fraud detection systems.
  • Proactive Engagement & Business Alignment
    • Bring forward ideas and recommendations to improve fraud prevention strategies. 
    • Align fraud tool usage with broader business goals and risk appetite. 
    • Serve as a proactive partner to internal stakeholders and external vendors.

To be successful in this position, we require the following: 

  • Bachelor’s degree in business, finance, information systems, or related field. 
  • A minimum of three (3) years of experience in fraud prevention, risk management, or financial technology.
  • Fraud Analytics Experience with one or more fraud detection tools or platforms such as NICE/Actimize, Q2 Sentinel, FICO, Abrigo BAM+, Vertifi, TrueChecks, Alloy, etc.

The following would be a plus: 

  • Strong analytical and problem-solving skills.
  • Excellent communication and collaboration abilities.
  • Experience working with cross-functional teams.
  • Knowledge of fraud typologies and emerging threats.
  • • Ability to translate technical capabilities into business value. 
  • Detail-oriented with strong documentation and organizational skills.

First Merchants offers the following:

  • Base Pay PLUS Bonuses
  • Medical, Dental and Vision Insurance
  • 401k
  • Health Savings and Flexible Spending Accounts
  • Vacation/Sick Time
  • Paid Holidays
  • Paid Parental Leave
  • Tuition Reimbursement
  • Additional Benefits

A little about us:

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is:

To enhance the financial wellness of the diverse communities we serve.

Our Mission is:

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team:

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!


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