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salary information

Salary Information for a Fraud Specialist in Seattle, WA

Median salary:

This data reflects Total Cash for a Level 3 Fraud Specialist at a mid-size company. To get more detailed information on total compensation for the role of Fraud Specialist in Seattle, WA, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

What is the adjusted total comp for a Fraud Specialist in Seattle, WA?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

80.6

Total Comp (TC)

Cost of Living (COL) Index
80.6
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Fraud Specialist in Seattle, WA?

Identifies potential fraud, establishes or assists with the definition of strategies, policies, programs, and procedures for the control, detection and analysis of frauds against the organization to eliminate loss to the company. Investigates and monitors existing and potential fraudulent situations. Notifies appropriate internal staff for escalation.

What are the characteristics of a level 3 Fraud Specialist?

A level 3 Fraud Specialist in Seattle, WA is a seasoned professional with competence, creativity in wide range of technical areas. They resolves most issues and problems effectively. Average experience 5.5 years.

Fraud Specialist

Benchmark Role

Individual Contributor

Job Type

Fraud

Job Family

Business

Job Area

Quality of Life in Seattle, WA on an Annual Salary of $110,340

Living in Seattle, Washington, provides a distinctive urban experience characterized by a vibrant cultural scene, access to nature, and a thriving job market. However, the higher cost of living, especially concerning housing, sets it apart from many other regions in the United States. Below is an assessment of what life might look like for an individual earning $110,340 annually, relative to various living standards.

Cost of Living

  • Overall Expenses: Seattle is generally more expensive than the national average, with higher prices for amenities such as groceries, transportation, and utilities.
  • Income Sufficiency: A salary of $110,340 is above the median household income in Seattle, which provides a reasonable buffer to cover higher costs of living. However, discretionary spending might be tighter compared to other regions due to elevated costs.

Housing Market

  • Home Prices: Seattle's housing market is notably expensive, with the median home price significantly above the national median. Purchasing a home can be challenging without a substantial down payment or dual income.
  • Renting: Rental prices are also high, but a salary of $110,340 should suffice for comfortable renting options, particularly in shared living scenarios or in locations away from the city center.

Quality of Life

  • Work-Life Balance: Seattle offers a high standard of living with ample employment opportunities in tech and other industries, which may provide excellent work-life balance for professionals.
  • Cultural and Recreational Opportunities: The city boasts a vibrant arts scene, diverse culinary experiences, and access to outdoor activities like hiking and boating in the surrounding natural beauty.

Access to Healthcare

  • Healthcare Quality: Seattle offers high-quality healthcare services with several renowned hospitals and clinics. Access is generally good for those with health insurance, though services can be expensive.

Quality of K-12 Schools

  • Education System: The Seattle public school system is diverse, with some schools highly rated, particularly in wealthier neighborhoods. There is a range of public, private, and charter schools available, providing options relative to family needs and financial capacity.

Summary

Life in Seattle is rich with cultural and professional opportunities, but it comes with the challenge of a high cost of living, primarily due to the costly housing market. Earning $110,340 annually allows for a comfortable lifestyle, though housing is a significant financial consideration. With a

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OpenComp aggregates multiple data sources to provide accurate salary data for Seattle, WA, specifically for a Level 3 Fraud Specialist. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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