Fraud Prevention Analyst

Employee Benefits Corporation; Indiana (PA); Hybrid; USD 75,000 - 110,000; Full time

Job summary

Employee Benefits Corporation is hiring a Fraud Prevention Analyst to identify and respond to fraud risks across products and operations. You will combine investigation, analytics, and risk management to uncover patterns, strengthen controls, and deliver actionable insights that prevent fraud before it happens.

The role requires experience in fraud prevention, strong analytical skills, and the ability to build reporting from large datasets.

Qualifications

• Must have strong analytical thinking and attention to detail.
• Experience translating complex findings into clear insights.
• Experience in fraud prevention, investigation, or risk management in regulated environments.
• Proficiency with dashboards and automated reporting using large datasets.

Responsibilities

• Monitor and analyze fraud activity across systems and data sources.
• Conduct in-depth investigations and document audit-ready findings.
• Design and enhance fraud prevention strategies and detection logic.
• Build dashboards and reporting to provide actionable insights.
• Partner with Compliance, data teams, vendors, and business leaders to strengthen controls.
• Contribute to fraud risk assessments and incident response activities.

Skills

Analytical thinking

Attention to detail

Communication skills

Risk management

Multi-tasking

Education

Bachelor's degree or equivalent

Tools

Power BI

Excel (Power Query, data modeling)

Job description

About the Role

Employee Benefits Corporation is hiring for a Fraud Prevention Analyst. In this role, you'll help protect EBC and our customers by identifying, assessing, and responding to fraud risks across our products and operations. You'll combine investigation, analytics, and risk management to uncover patterns, strengthen controls, and deliver actionable insights that prevent fraud before it happens and support sound business decisions.

Location

Work where you work best—either hybrid from our Middleton, WI office or remotely from Wisconsin, Arizona, Florida, Indiana, Minnesota, North Carolina, Oklahoma, or Texas. Occasional travel (about once per quarter) is expected for meetings, training, and partner engagements.

Who We Are

Employee Benefits Corporation (EBC) is a trusted, national third‑party administrator with decades of experience delivering consumer‑driven benefit solutions. We combine deep industry expertise and exemplary service with a bold vision for the future—where technology is thoughtfully applied to enable an intuitive user experience and elevate how consumers engage with their benefits.

What You'll Do

• Monitor and analyze fraud activity across systems, vendor tools, and data sources to identify suspicious patterns and behavioral anomalies
• Conduct in‑depth investigations, determine root cause, and document audit‑ready findings with clear recommendations
• Design and enhance fraud prevention strategies, including detection logic, controls, workflows, and behavioral risk indicators
• Build dashboards, automated monitoring, and reporting using complex datasets to provide actionable insights
• Partner cross‑functionally (Compliance, data teams, vendors, and business leaders) to strengthen controls and ensure regulatory alignment
• Contribute to fraud risk assessments, incident response activities, and continuous improvement of fraud prevention processes

What You Bring

• Minimum 3 years of experience in fraud prevention, investigation, or risk management within a regulated financial or related environment
• Bachelor's degree (or equivalent 4 years of relevant experience)
• Experience using AI‑powered tools, analytics platforms, or machine learning‑assisted detection methods
• Strong ability to build reporting, dashboards, and automated processes from large, complex datasets
• Advanced Microsoft Excel skills (Power Query, data modeling, advanced formulas) and experience with visualization tools (e.g., Power BI)
• Proven analytical, problem‑solving, and critical thinking skills with strong attention to detail
• Excellent written and verbal communication skills, with the ability to translate complex findings into clear insights
• Ability to manage multiple priorities in a fast‑paced environment with a high level of ownership and integrity
• Willingness to travel approximately once per quarter

Ideally, You May Also Have

• Familiarity with regulatory frameworks such as IRS, ERISA, HIPAA, or similar
• Professional certifications (e.g., CFE, CFCS, CAMS, APRP, or similar)
• Experience in financial services, benefits administration, healthcare, or another regulated industry

Why EBC

• A welcoming, collaborative team culture where every voice matters
• Competitive pay and comprehensive benefits, including employee ownership
• A culture built on clarity, empathy, and continuous improvement
• Continuous learning and career development to help you grow as we invest in future‑ready solutions and seamless user experiences
• Flexible work options designed to support a healthy work‑life balance

How to Apply

Ready to make an impact? Apply now. We're excited to meet you.