Prosperity Life · 6 hours ago
Fraud Analyst
Austin, TX
Full-time
Onsite
Entry, Mid Level
2+ years expProsperity Life is focused on protecting assets and customers from fraudulent activities. The Fraud Analyst will identify, investigate, and prevent fraud by analyzing transactions and implementing security protocols while collaborating with various teams.
Asset ManagementCommercial InsuranceHealth CareHealth InsuranceInsurance
Responsibilities
Document and implement fraud prevention strategies, update internal controls, create reporting and enhance security protocols
Review financial transaction requests for fraud red flags and answer questions/inquiries related to fraud from our Third-Party Administrator (TPA) partners
Research potential fraud red flags and document findings
Contact customers and/or agents to verify suspicious activity, providing solutions while maintaining good customer service
Assist in daily reporting of post issue activity, including utilizing data to identify trends and provide actionable solutions
Partner with Legal, Compliance and TPA partners to enhance and enforce fraud controls
Performs root cause analysis on fraud activity to ensure we are solutioning to meet our long-term goals
Qualification
Required
Minimum 2 years in the insurance or Financial Services industry
Understanding of life and annuity operational processes
Experience analyzing, measuring, and evaluating data through reporting
Excellent verbal and written communication skills, at all levels of the organization
Ability to effectively interact/interface with external parties – agents, distributors, customers, and vendors
Utilize strong critical thinking skills to effectively solve problems
Skills must include being self-motivated with the ability to show great initiative individually
Ability to work in a complex and innovative environment
Preferred
Experience in anti-fraud monitoring
Company
Prosperity Life
Prosperity Life is an insurance agency that provides a wide range of life, health, property, and casualty insurance products and services.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$6.91M2025-02-05Acquired
2019-11-21Series Unknown· $6.91M
Leadership Team
Nicholas von Moltke
President & CEO
Recent News
Company data provided by crunchbase