The table below looks at the statistics for the Insurance Business Analyst role in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Insurance Business Analyst in their job title over the 3 months to 3 March 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
3 Mar 2015
Same period 2014 Same period 2013
Insurance Business Analyst
Rank 167 178 162
Rank change year-on-year
+11 -16
Contract jobs requiring an Insurance Business Analyst 18 17 40
As % of all contract IT jobs located in the City of London 0.35% 0.29% 0.69%
As % of the Job Titles category 0.38% 0.31% 0.74%
Number of daily rates quoted 15 15 29
Average daily rate
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£400 £475 £475
Average daily rate % change year-on-year
-15.78% -
90% offered a daily rate of more than £350 £450 £375
10% offered a daily rate of more than £475 £550 £550
UK excluding London average daily rate £418 £400 £425
% change year-on-year
+4.37% -5.88%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Insurance Business Analyst
London

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the City of London region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
City of London
Contract IT job ads with a match in the
Job Titles category
4757 5469 5399
As % of all contract IT jobs located in the City of London 92.89% 93.20% 93.15%
Number of daily rates quoted 3639 3846 3997
Average daily rate £450 £450 £450
90% offered a daily rate of more than £290 £275 £275
10% offered a daily rate of more than £600 £625 £600
UK excluding London average daily rate £375 £350 £345
% change year-on-year
+7.14% +1.44%
Number of hourly rates quoted 70 87 131
Average hourly rate £17.98 £20.00 £19.00
Average hourly rate % change year-on-year
-10.10% +5.26%
90% offered a hourly rate of more than £12.50 £13.50 £12.50
10% offered a hourly rate of more than £28.00 £33.31 £72.50
UK excluding London average hourly rate £16.72 £17.00 £17.50
% change year-on-year
-1.64% -2.85%

Insurance Business Analyst
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Insurance Business Analyst in the job title across the City of London region as a proportion of the total demand within the Job Titles category.

Insurance Business Analyst Jobs Demand Trend in the City of London

Insurance Business Analyst
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Insurance Business Analyst across the City of London region.

Insurance Business Analyst Daily Rate Trend in the City of London

Insurance Business Analyst
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Insurance Business Analyst across the City of London region over the 3 months to 3 March 2015.

Insurance Business Analyst Daily Rate Histogram in the City of London

Insurance Business Analyst
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Insurance Business Analyst across the City of London region.

Insurance Business Analyst Hourly Rate Trend in the City of London

Insurance Business Analyst
Top 30 Related IT Skills in the City of London

For the 6 months to 3 March 2015, IT contractor jobs across the City of London region that cited Insurance Business Analyst in their job title mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Insurance Business Analyst in their job title.

1 20 (40.82%) Business Analysis
2 12 (24.49%) Stakeholder Management
3 11 (22.45%) Finance
4 10 (20.41%) SQL
5 9 (18.37%) Business Intelligence
5 9 (18.37%) Analytical Skills
6 8 (16.33%) Mainframe
6 8 (16.33%) Change Management
6 8 (16.33%) GAP Analysis
6 8 (16.33%) Information Management
6 8 (16.33%) Test Scripting
6 8 (16.33%) Portfolio Management
7 7 (14.29%) Data Warehouse
8 5 (10.20%) Workflow
8 5 (10.20%) Process Improvement
8 5 (10.20%) Performance Management
8 5 (10.20%) Data Mapping
8 5 (10.20%) BPR
9 4 (8.16%) Document Management
10 3 (6.12%) Agile Software Development
10 3 (6.12%) Retail
10 3 (6.12%) Microsoft
10 3 (6.12%) MS Visio
10 3 (6.12%) SQL Server
11 2 (4.08%) MS Office
11 2 (4.08%) MS Excel
11 2 (4.08%) Cognos
11 2 (4.08%) Project Management
11 2 (4.08%) IBM
11 2 (4.08%) Cognos TM1

Insurance Business Analyst
Top Related IT Skills in the City of London by Category

For the 6 months to 3 March 2015, IT contractor jobs across the City of London region that cited Insurance Business Analyst in their job title mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Insurance Business Analyst in their job title. Up to 20 skills are shown per category.

Applications
1 3 (6.12%) MS Visio
2 2 (4.08%) MS Office
2 2 (4.08%) MS Excel
3 1 (2.04%) MS PowerPoint
Business Applications
1 2 (4.08%) Cognos TM1
Database & Business Intelligence
1 7 (14.29%) Data Warehouse
2 3 (6.12%) SQL Server
3 1 (2.04%) Crystal Reports
3 1 (2.04%) SQL Server Reporting Services
General
1 11 (22.45%) Finance
2 3 (6.12%) Retail
3 1 (2.04%) General Ledger
3 1 (2.04%) Advertising
3 1 (2.04%) Back Office
Miscellaneous
1 9 (18.37%) Analytical Skills
2 8 (16.33%) Mainframe
3 1 (2.04%) Data Structures
Processes & Methodologies
1 20 (40.82%) Business Analysis
2 12 (24.49%) Stakeholder Management
3 9 (18.37%) Business Intelligence
4 8 (16.33%) Change Management
4 8 (16.33%) GAP Analysis
4 8 (16.33%) Information Management
4 8 (16.33%) Test Scripting
4 8 (16.33%) Portfolio Management
5 5 (10.20%) Process Improvement
5 5 (10.20%) Performance Management
5 5 (10.20%) Data Mapping
5 5 (10.20%) Workflow
5 5 (10.20%) BPR
6 4 (8.16%) Document Management
7 3 (6.12%) Agile Software Development
8 2 (4.08%) Migration
8 2 (4.08%) User Acceptance Testing
8 2 (4.08%) Project Management
8 2 (4.08%) Waterfall
8 2 (4.08%) BPMN
Programming Languages
1 10 (20.41%) SQL
2 1 (2.04%) C
Qualifications
1 1 (2.04%) ISEB
1 1 (2.04%) ISEB Practitioner
1 1 (2.04%) VCP4
Quality Assurance & Compliance
1 2 (4.08%) Solvency II
2 1 (2.04%) Data Quality
Vendors
1 3 (6.12%) Microsoft
2 2 (4.08%) Cognos
2 2 (4.08%) IBM
3 1 (2.04%) Thunderhead
3 1 (2.04%) Guidewire
3 1 (2.04%) SAP
City of London
Real Staffing
Rate: £350 - £420 per day
Posted: 13 days ago