Product Analyst Jobs

Product Analyst
UK

The median Product Analyst salary in the UK is £85,000 per year according to job vacancies posted during the 6 months to 31 May 2024.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
31 May 2024
Same period 2023 Same period 2022
Rank 700 826 914
Rank change year-on-year +126 +88 -114
Permanent jobs requiring a Product Analyst 218 121 372
As % of all permanent jobs advertised in the UK 0.21% 0.13% 0.22%
As % of the Job Titles category 0.22% 0.14% 0.23%
Number of salaries quoted 57 85 182
10th Percentile £38,500 £38,000 £34,000
25th Percentile £58,750 £45,000 £42,500
Median annual salary (50th Percentile) £85,000 £60,000 £55,000
Median % change year-on-year +41.67% +9.09% -
75th Percentile £105,000 £67,500 £71,250
90th Percentile £118,750 £83,500 £89,750
UK excluding London median annual salary £50,000 £55,000 £45,000
% change year-on-year -9.09% +22.22% -2.70%

All Permanent IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

Permanent vacancies in the UK with a recognized job title 98,949 86,999 161,827
% of permanent jobs with a recognized job title 94.84% 91.30% 96.06%
Number of salaries quoted 70,362 55,875 84,924
10th Percentile £28,500 £32,500 £32,500
25th Percentile £38,500 £45,000 £42,676
Median annual salary (50th Percentile) £52,500 £60,000 £60,000
Median % change year-on-year -12.50% - +9.09%
75th Percentile £70,000 £80,000 £78,750
90th Percentile £90,000 £100,000 £95,000
UK excluding London median annual salary £50,000 £53,500 £50,296
% change year-on-year -6.54% +6.37% +5.89%

Product Analyst
Job Vacancy Trend

Job postings that featured Product Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Product Analyst in the UK

Product Analyst
Salary Trend

3-month moving average salary quoted in jobs citing Product Analyst.

Salary trend for Product Analyst in the UK

Product Analyst
Salary Histogram

Salary distribution for jobs citing Product Analyst over the 6 months to 31 May 2024.

Salary histogram for Product Analyst in the UK

Product Analyst
Top 15 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Product Analyst within the UK over the 6 months to 31 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
England +137 207 £90,000 +50.00% 25
UK excluding London +86 161 £50,000 -9.09% 7
Midlands +109 132 £37,500 -21.05%
West Midlands +98 120 - -
Work from Home +41 61 £90,000 +50.00% 14
London +73 54 £90,000 +50.00% 16
East Midlands -7 12 £37,500 -26.83%
South West -28 9 £50,000 +25.00%
North of England +36 8 £67,500 -12.90% 6
North West -3 7 - - 6
Wales +10 4 - -
Scotland -60 4 £42,500 -29.17%
East of England -2 2 - -
South East -14 2 - - 1
Yorkshire - 1 £67,500 -

Product Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 31 May 2024, Product Analyst job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Product Analyst in the job title.

1 145 (66.51%) Analytical Skills
1 145 (66.51%) Social Skills
2 138 (63.30%) Problem-Solving
3 134 (61.47%) Continuous Improvement
4 128 (58.72%) Degree
5 125 (57.34%) Microsoft Office
5 125 (57.34%) Customer Service
6 124 (56.88%) Mathematics
7 120 (55.05%) Organisational Skills
7 120 (55.05%) Influencing Skills
7 120 (55.05%) Customer Requirements
8 65 (29.82%) Agile
9 52 (23.85%) Product Ownership
10 51 (23.39%) SQL
11 47 (21.56%) Finance
12 46 (21.10%) Python
13 38 (17.43%) Asset Management
13 38 (17.43%) Product Management
14 37 (16.97%) Artificial Intelligence
14 37 (16.97%) Front Office
15 36 (16.51%) Fixed Income
15 36 (16.51%) Analytics
16 35 (16.06%) Investment Management
17 34 (15.60%) Hedge funds
17 34 (15.60%) Derivative
17 34 (15.60%) Equities
17 34 (15.60%) Foreign Exchange (FX)
17 34 (15.60%) Machine Learning
18 32 (14.68%) AWS
19 24 (11.01%) Stakeholder Management

Product Analyst Skill Set
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 4 (1.83%) SharePoint
2 1 (0.46%) Appian
2 1 (0.46%) Confluence
Applications
1 125 (57.34%) Microsoft Office
2 9 (4.13%) Microsoft Excel
Business Applications
1 1 (0.46%) Magento
1 1 (0.46%) Oracle Receivables
1 1 (0.46%) SAP Hybris
Cloud Services
1 32 (14.68%) AWS
2 17 (7.80%) SaaS
3 9 (4.13%) Power Platform
4 2 (0.92%) Amazon CloudWatch
4 2 (0.92%) Amazon S3
5 1 (0.46%) Azure
5 1 (0.46%) Azure DevOps
5 1 (0.46%) PaaS
5 1 (0.46%) SAP Commerce Cloud
5 1 (0.46%) Snowflake
Communications & Networking
1 3 (1.38%) WebEx
Database & Business Intelligence
1 9 (4.13%) Power BI
2 6 (2.75%) MySQL
3 5 (2.29%) Tableau
4 4 (1.83%) Power Query
5 2 (0.92%) Oracle Database
5 2 (0.92%) Relational Database
6 1 (0.46%) Data Lake
6 1 (0.46%) Data Mining
Development Applications
1 9 (4.13%) JIRA
2 2 (0.92%) Jenkins
2 2 (0.92%) Postman
2 2 (0.92%) PowerBuilder
General
1 145 (66.51%) Analytical Skills
1 145 (66.51%) Social Skills
2 120 (55.05%) Influencing Skills
2 120 (55.05%) Organisational Skills
3 47 (21.56%) Finance
4 37 (16.97%) Front Office
5 17 (7.80%) Retail
6 9 (4.13%) Presentation Skills
7 7 (3.21%) Marketing
8 4 (1.83%) Banking
9 3 (1.38%) Inclusion and Diversity
10 2 (0.92%) Investment Banking
10 2 (0.92%) Law
10 2 (0.92%) Legal
10 2 (0.92%) Manufacturing
10 2 (0.92%) Tech for Good
11 1 (0.46%) Financial Institution
11 1 (0.46%) Public Sector
Libraries, Frameworks & Software Standards
1 1 (0.46%) .NET
1 1 (0.46%) .NET Framework
1 1 (0.46%) REST
Miscellaneous
1 52 (23.85%) Product Ownership
2 36 (16.51%) Fixed Income
3 34 (15.60%) Derivative
3 34 (15.60%) Equities
3 34 (15.60%) Foreign Exchange (FX)
3 34 (15.60%) Hedge funds
4 6 (2.75%) Analytical Mindset
5 4 (1.83%) Driving Licence
5 4 (1.83%) Management Information System
5 4 (1.83%) PMI
6 3 (1.38%) Self-Motivation
6 3 (1.38%) Video Conferencing
7 2 (0.92%) Marketing Technology
7 2 (0.92%) Onboarding
7 2 (0.92%) Reinsurance
8 1 (0.46%) Algorithms
8 1 (0.46%) Data Structures
8 1 (0.46%) Low-Code
8 1 (0.46%) Video on Demand
8 1 (0.46%) Wiki
Operating Systems
1 4 (1.83%) Apple iOS
2 2 (0.92%) Unix
2 2 (0.92%) Windows
Processes & Methodologies
1 138 (63.30%) Problem-Solving
2 134 (61.47%) Continuous Improvement
3 125 (57.34%) Customer Service
4 124 (56.88%) Mathematics
5 120 (55.05%) Customer Requirements
6 65 (29.82%) Agile
7 38 (17.43%) Asset Management
7 38 (17.43%) Product Management
8 37 (16.97%) Artificial Intelligence
9 36 (16.51%) Analytics
10 35 (16.06%) Investment Management
11 34 (15.60%) Machine Learning
12 24 (11.01%) Stakeholder Management
13 14 (6.42%) Roadmaps
14 11 (5.05%) Decision-Making
15 9 (4.13%) E-Commerce
15 9 (4.13%) Scrum
15 9 (4.13%) Visualisation
16 8 (3.67%) Data-Driven Decision Making
16 8 (3.67%) ETL
Programming Languages
1 51 (23.39%) SQL
2 46 (21.10%) Python
3 4 (1.83%) JavaScript
4 2 (0.92%) Java
4 2 (0.92%) PL/SQL
Qualifications
1 128 (58.72%) Degree
2 6 (2.75%) DBS Check
3 4 (1.83%) PMI Certification
4 2 (0.92%) Computer Science Degree
5 1 (0.46%) CBAP
Quality Assurance & Compliance
1 3 (1.38%) GDPR
2 2 (0.92%) SLA
3 1 (0.46%) Data Quality
3 1 (0.46%) QA
System Software
1 2 (0.92%) Oracle RAC
Systems Management
1 2 (0.92%) Data Guard
Vendors
1 7 (3.21%) Microsoft
2 5 (2.29%) Apple
3 4 (1.83%) Oracle
4 3 (1.38%) Alteryx
5 2 (0.92%) Adobe
5 2 (0.92%) Bloomberg
5 2 (0.92%) ION Trading
5 2 (0.92%) Remedy
6 1 (0.46%) eFront
6 1 (0.46%) Salesforce
6 1 (0.46%) SAP