What strategies do you use to detect and prevent fraudulent claims?

Your Answer

How To Answer This Question?

When answering this question, emphasize your understanding of common fraud indicators and your experience with investigative techniques. Mention specific strategies such as data analysis, red flags, and collaboration with other departments or agencies. Provide examples from your past experience where you successfully identified and prevented fraudulent claims.

For example:

"In my previous role, I utilized data analysis tools to identify patterns and anomalies that indicated potential fraud. I also paid close attention to red flags such as inconsistent statements and suspicious documentation. By collaborating with our Special Investigations Unit and external agencies, I was able to thoroughly investigate and prevent several fraudulent claims, saving the company significant amounts of money."