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The differences between fraud prevention specialists and specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a fraud prevention specialist, becoming a specialist takes usually requires 1-2 years. Additionally, a specialist has an average salary of $58,013, which is higher than the $37,798 average annual salary of a fraud prevention specialist.
The top three skills for a fraud prevention specialist include fraud prevention, outbound calls and customer service. The most important skills for a specialist are patients, customer service, and work ethic.
| Fraud Prevention Specialist | Specialist | |
| Yearly salary | $37,798 | $58,013 |
| Hourly rate | $18.17 | $27.89 |
| Growth rate | 6% | 10% |
| Number of jobs | 33,725 | 358,433 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 44% | Bachelor's Degree, 49% |
| Average age | 49 | 42 |
| Years of experience | 4 | 2 |
A fraud prevention specialist is in charge of reviewing and monitoring business transactions to ensure accuracy and thwart off fraudulent activities. Although the extent of their responsibilities depends on their place or industry of employment, it typically includes gathering and analyzing data, performing research and analyses, conducting audits and assessments, and utilizing various tools and programs. Moreover, a fraud prevention specialist must develop guidelines and conduct investigations on incidents to prevent them from happening again, all while enforcing the company's security policies and regulations.
Specialists are employees who are responsible for specific tasks or activities in the department they are assigned to. The actions or tasks they work on are related to their educational background or work experiences. They are usually highly skilled in specializations related to the work they are assigned to. Specialists are also highly trained on the competencies that are required of their specialty. As such, they are focused on the skills and competencies that are needed to enhance their experience in their specific field further.
Fraud prevention specialists and specialists have different pay scales, as shown below.
| Fraud Prevention Specialist | Specialist | |
| Average salary | $37,798 | $58,013 |
| Salary range | Between $23,000 And $61,000 | Between $32,000 And $104,000 |
| Highest paying City | Cerritos, CA | Jersey City, NJ |
| Highest paying state | Alaska | New Jersey |
| Best paying company | Apple | The Citadel |
| Best paying industry | Technology | - |
There are a few differences between a fraud prevention specialist and a specialist in terms of educational background:
| Fraud Prevention Specialist | Specialist | |
| Most common degree | Bachelor's Degree, 44% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | California State University - Bakersfield | Stanford University |
Here are the differences between fraud prevention specialists' and specialists' demographics:
| Fraud Prevention Specialist | Specialist | |
| Average age | 49 | 42 |
| Gender ratio | Male, 44.2% Female, 55.8% | Male, 47.5% Female, 52.5% |
| Race ratio | Black or African American, 6.0% Unknown, 7.3% Hispanic or Latino, 12.3% Asian, 1.2% White, 71.4% American Indian and Alaska Native, 1.9% | Black or African American, 11.4% Unknown, 5.4% Hispanic or Latino, 16.4% Asian, 10.5% White, 55.9% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 18% | 11% |