The Insurance Fraud Program Salary

How much does the The Insurance Fraud Program Pay for employees?

As of September 2026, the average hourly salary for employees at The Insurance Fraud Program in the United States is $45. This translates to an approximate annual wage of $93,075. Salaries at The Insurance Fraud Program typically range from $39 to $51 hourly, reflecting the diverse roles and experience levels within the company. The Insurance Fraud Program’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at The Insurance Fraud Program

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Is The Insurance Fraud Program’s Pay Competitive? Salary Benchmarking Analysis

How does The Insurance Fraud Program’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
The Insurance Fraud Program
Insurance
US Employee Benefits Services Group
Lincoln Benefit Life Insurance
Industry Comparison
Our data shows that, on average, compensation at The Insurance Fraud Program is below the average for the U.S. Insurance industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared The Insurance Fraud Program average annual salary with several similar companies. The Insurance Fraud Program average salary of $93,075 is lower than US Employee Benefits Services Group, which has an average salary of $94,732. It is higher than Lincoln Benefit Life Insurance, with their average salary at $92,791. This places The Insurance Fraud Program in a mid-range position among its peers.
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Employee Reviews: Working at The Insurance Fraud Program

Considering a career at The Insurance Fraud Program? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Team dynamics are smooth, and supervisors are fair. The company offers clear career paths and encourages internal promotions. The work-life balance is respected, with flexible scheduling options for many roles. Management communicates company updates regularly. While workloads can vary, managers are supportive in ensuring teams aren’t overwhelmed.
Benefits are standard, and the pay aligns with industry norms. While there aren’t many flashy perks, the job security and stable environment make it a reliable place to work. The insurance sector is challenging, but the team is knowledgeable and helpful. It’s a company that values its employees and their contributions. The work-life balance is respected, and the office environment is collaborative...
The team is friendly, and leadership is transparent about company goals. Team collaboration is strong, and managers are supportive of professional growth. I’ve grown professionally since joining this company.

The Insurance Fraud Program Overview

Website
www.stampoutfraud.com
Founded In
2003
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
PO Box 27472 Richmond Virginia VA 23261
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About The Insurance Fraud Program
The Insurance Fraud Program of the Virginia State Police was established January 1, 1999, through legislation approved by the General Assembly. The program's mission is to address the growing crime of insurance fraud in Virginia by: Conducting thorough professional insurance fraud investigations. Providing insurance fraud training for law enforcement personnel. Increasing citizen awareness and coo

What Benefits Does The Insurance Fraud Program Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Insurance Fraud Program offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at The Insurance Fraud Program.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from The Insurance Fraud Program, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of The Insurance Fraud Program salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The Insurance Fraud Program

1. How much does a The Insurance Fraud Program employee make?

The Insurance Fraud Program pays its employees an average of $45 per hour. The average salary at The Insurance Fraud Program range from $39 to $51 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than The Insurance Fraud Program?

The salary at The Insurance Fraud Program is lesser than the similar company. The average annual salary at The Insurance Fraud Program is $93,075, or an hourly wage of $45, in comparison to US Employee Benefits Services Group which pays $94,732 per year or $46 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at The Insurance Fraud Program?

In many roles at The Insurance Fraud Program, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Richmond affect the perceived value of a The Insurance Fraud Program salary?

Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). This significantly impacts the purchasing power of a salary from The Insurance Fraud Program based there. Our "Cost of Living Insights for Richmond" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does The Insurance Fraud Program typically offer employees?

The Insurance Fraud Program generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at The Insurance Fraud Program" section on this page.