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 11 February 2016 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
11 Feb 2016
Same period 2015 Same period 2014
Business Analyst - Insurance
Rank 122 175 190
Rank change year-on-year
+53 +15
Contract jobs requiring an Insurance Business Analyst 31 13 16
As % of all contract IT jobs located in the City of London 0.99% 0.25% 0.27%
As % of the Job Titles category 1.03% 0.27% 0.28%
Number of daily rates quoted 26 11 14
Average daily rate £513 £400 £500
Average daily rate % change year-on-year
+28.12% -20.00%
90% offered a daily rate of more than £425 £400 £450
10% offered a daily rate of more than £588 £475 £550
UK excluding London average daily rate £450 £418 £350
% change year-on-year
+7.78% +19.28%
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
3005 4884 5656
As % of all contract IT jobs located in the City of London 95.52% 95.00% 94.99%
Number of daily rates quoted 2360 3750 4065
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 51 81 91
Average hourly rate £19.99 £18.00 £20.00
Average hourly rate % change year-on-year
+11.06% -10.00%
90% offered a hourly rate of more than £12.00 £12.50 £13.00
10% offered a hourly rate of more than £53.00 £27.37 £30.95
UK excluding London average hourly rate £17.50 £16.50 £16.50
% change year-on-year
+6.06% -

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 11 February 2016.

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 11 February 2016, 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 16 (29.09%) Project Management
2 15 (27.27%) Business Analysis
3 12 (21.82%) Stakeholder Management
4 11 (20.00%) Agile Software Development
4 11 (20.00%) Solvency II
5 10 (18.18%) Data Warehouse
5 10 (18.18%) Data Modelling
6 9 (16.36%) Use Case
7 8 (14.55%) Reinsurance
7 8 (14.55%) Analytical Skills
7 8 (14.55%) Data Analysis
7 8 (14.55%) Business Intelligence
7 8 (14.55%) ISEB
8 7 (12.73%) SQL
8 7 (12.73%) MS PowerPoint
9 6 (10.91%) Data Management
9 6 (10.91%) Finance
10 5 (9.09%) Degree
10 5 (9.09%) Waterfall
10 5 (9.09%) GAP Analysis
10 5 (9.09%) Management Information System
11 4 (7.27%) Workflow
11 4 (7.27%) Service Delivery
11 4 (7.27%) T-SQL
11 4 (7.27%) SQL Server
11 4 (7.27%) MS Excel
11 4 (7.27%) Microsoft
11 4 (7.27%) ETL
11 4 (7.27%) MS Visio
11 4 (7.27%) SQL Server Reporting Services

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

For the 6 months to 11 February 2016, 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 7 (12.73%) MS PowerPoint
2 4 (7.27%) MS Excel
2 4 (7.27%) MS Visio
3 2 (3.64%) MS Project
Communications & Networking
1 1 (1.82%) IMAP
Database & Business Intelligence
1 10 (18.18%) Data Warehouse
2 4 (7.27%) SQL Server
2 4 (7.27%) SQL Server Reporting Services
3 1 (1.82%) Data Mining
3 1 (1.82%) Enterprise Data Warehouse
Development Applications
1 1 (1.82%) Eclipse
General
1 6 (10.91%) Finance
2 2 (3.64%) Retail
Libraries, Frameworks & Software Standards
1 1 (1.82%) Natural Language Processing
1 1 (1.82%) XML
Miscellaneous
1 8 (14.55%) Analytical Skills
1 8 (14.55%) Reinsurance
2 5 (9.09%) Management Information System
3 3 (5.45%) Data Integration
4 2 (3.64%) Data Structures
5 1 (1.82%) AS400
5 1 (1.82%) User Experience
Processes & Methodologies
1 16 (29.09%) Project Management
2 15 (27.27%) Business Analysis
3 12 (21.82%) Stakeholder Management
4 11 (20.00%) Agile Software Development
5 10 (18.18%) Data Modelling
6 9 (16.36%) Use Case
7 8 (14.55%) Business Intelligence
7 8 (14.55%) Data Analysis
8 6 (10.91%) Data Management
9 5 (9.09%) GAP Analysis
9 5 (9.09%) Waterfall
10 4 (7.27%) ETL
10 4 (7.27%) Service Delivery
10 4 (7.27%) Software Engineering
10 4 (7.27%) Translating Business Requirements
10 4 (7.27%) Workflow
11 3 (5.45%) CRM
11 3 (5.45%) Information Management
11 3 (5.45%) Product Management
11 3 (5.45%) User Acceptance Testing
Programming Languages
1 7 (12.73%) SQL
2 4 (7.27%) T-SQL
3 1 (1.82%) C#
Qualifications
1 8 (14.55%) ISEB
2 5 (9.09%) Degree
3 3 (5.45%) ACCA
3 3 (5.45%) ISEB Practitioner
4 2 (3.64%) CIMA
Quality Assurance & Compliance
1 11 (20.00%) Solvency II
2 2 (3.64%) Data Quality
2 2 (3.64%) GAAP
3 1 (1.82%) UCITS
Vendors
1 4 (7.27%) Microsoft
City, London
Westbourne Partners
Rate: From £400 to £650 per day
Posted: 2 days ago