How much does a Fraud Prevention Analyst I make in Kentucky? The average Fraud Prevention Analyst I salary in Kentucky is $47,530 as of March 26, 2024, but the range typically falls between $41,075 and $55,116. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Fraud Prevention Analyst I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Fraud Prevention Analyst I Salary $35,198 KY March 26, 2024
25th Percentile Fraud Prevention Analyst I Salary $41,075 KY March 26, 2024
50th Percentile Fraud Prevention Analyst I Salary $47,530 KY March 26, 2024
75th Percentile Fraud Prevention Analyst I Salary $55,116 KY March 26, 2024
90th Percentile Fraud Prevention Analyst I Salary $62,023 KY March 26, 2024
25% $41,075 10% $35,198 90% $62,023 75% $55,116 $47,530 50%(Median) Didn’t find job title? Click
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What skills does a Fraud Prevention Analyst I need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Retail Management: Refers to the process of helping customers find products in your store, It includes everything from increasing your customer pool to how products are presented, and how you fulfill a customer's needs

3.

Retirement Benefits: A pension is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments

Customer Service 10.99%
Retail Management 2.5%
Retirement Benefits 1.31%
Others 85.2%

Job Description for Fraud Prevention Analyst I

Fraud Prevention Analyst I is responsible for the detection, prevention, and mitigation of fraudulent transactions. Researches and analyzes potential customer fraud cases to identify and prevent future fraud. Being a Fraud Prevention Analyst I reviews and responds to complex fraudulent service requests and identifies fraudulent transactions using various research methods. Follows standard procedures to document a loss and prepares a summary and reconciliation. Additionally, Fraud Prevention Analyst I communicates the status and resolution of the incident to the customer and/or bank. Identifies areas that need increased security procedures or software to protect customer accounts. Evaluates processes to identify internal control weaknesses and potential for loss and develops recommendations to remediate and mitigate loss. Provides training and guidance to new employees. Typically requires a bachelor's degree. Typically reports to a manager. The Fraud Prevention Analyst I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Fraud Prevention Analyst I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Fraud Prevention Analyst I in Kentucky

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Location Avg. Salary Date Updated
Location Aberdeen, KY Avg. Salary $45,055 Date Updated March 26, 2024
Location Adairville, KY Avg. Salary $45,864 Date Updated March 26, 2024
Location Adams, KY Avg. Salary $44,500 Date Updated March 26, 2024
Location Adolphus, KY Avg. Salary $47,227 Date Updated March 26, 2024
Location Ages Brookside, KY Avg. Salary $44,096 Date Updated March 26, 2024
Location Albany, KY Avg. Salary $45,965 Date Updated March 26, 2024
Location Alexandria, KY Avg. Salary $49,349 Date Updated March 26, 2024
Location Allen, KY Avg. Salary $44,500 Date Updated March 26, 2024
Location Allensville, KY Avg. Salary $45,358 Date Updated March 26, 2024
Location Almo, KY Avg. Salary $45,055 Date Updated March 26, 2024

Career Path for Fraud Prevention Analyst I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Fraud Prevention Analyst I, the upper level is Fraud Prevention Analyst II and then progresses to Fraud Prevention Supervisor.

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Fraud Prevention Analyst I Salary in Kentucky
Fraud Prevention Analyst I Salary Graph, Regional Distribution and Summary