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 August 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 Aug 2015
Same period 2014 Same period 2013
Insurance Business Analyst
Rank 167 165 193
Rank change year-on-year
-2 +28
Contract jobs requiring an Insurance Business Analyst 44 32 31
As % of all contract IT jobs located in the City of London 0.76% 0.55% 0.44%
As % of the Job Titles category 0.82% 0.60% 0.47%
Number of daily rates quoted 41 28 29
Average daily rate
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£425 £475 £500
Average daily rate % change year-on-year
-10.52% -5.00%
90% offered a daily rate of more than £390 £396 £416
10% offered a daily rate of more than £525 £504 £600
UK excluding London average daily rate £405 £425 £380
% change year-on-year
-4.70% +11.84%
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
5368 5314 6566
As % of all contract IT jobs located in the City of London 92.38% 92.13% 92.71%
Number of daily rates quoted 4169 3873 4821
Average daily rate £450 £450 £450
90% offered a daily rate of more than £275 £260 £280
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 83 89 171
Average hourly rate £17.98 £16.50 £20.00
Average hourly rate % change year-on-year
+8.96% -17.50%
90% offered a hourly rate of more than £10.65 £12.00 £12.86
10% offered a hourly rate of more than £36.52 £32.11 £44.80
UK excluding London average hourly rate £16.50 £16.50 £17.00
% change year-on-year
- -2.94%

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 August 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 August 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 34 (43.04%) Business Analysis
2 22 (27.85%) Finance
3 20 (25.32%) Project Management
4 19 (24.05%) Agile Software Development
5 15 (18.99%) Analytical Skills
6 11 (13.92%) UML
7 9 (11.39%) Workflow
7 9 (11.39%) Spreadsheet
8 8 (10.13%) Use Case
8 8 (10.13%) Stakeholder Management
8 8 (10.13%) Six Sigma
9 7 (8.86%) Degree
9 7 (8.86%) Waterfall
10 6 (7.59%) User Acceptance Testing
10 6 (7.59%) Test Scripting
10 6 (7.59%) SQL
10 6 (7.59%) Data Warehouse
10 6 (7.59%) MS Visio
11 5 (6.33%) Data Modelling
11 5 (6.33%) Microsoft
12 4 (5.06%) Retail
12 4 (5.06%) E-Commerce
12 4 (5.06%) MS Excel
12 4 (5.06%) MS Project
12 4 (5.06%) MS Office
12 4 (5.06%) Graphic Design
12 4 (5.06%) Data Integration
12 4 (5.06%) SDLC
13 3 (3.80%) Software Delivery
13 3 (3.80%) Portfolio Management

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

For the 6 months to 3 August 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 9 (11.39%) Spreadsheet
2 6 (7.59%) MS Visio
3 4 (5.06%) MS Project
3 4 (5.06%) MS Office
3 4 (5.06%) MS Excel
Business Applications
1 1 (1.27%) Dynamics CRM
1 1 (1.27%) Workday HCM
Cloud Services
1 1 (1.27%) SaaS
Database & Business Intelligence
1 6 (7.59%) Data Warehouse
2 1 (1.27%) Data Mining
2 1 (1.27%) SQL Server Reporting Services
2 1 (1.27%) SQL Server Integration Services
2 1 (1.27%) QlikView
2 1 (1.27%) SQL Server Analysis Services
2 1 (1.27%) Relational Database
2 1 (1.27%) Enterprise Data Warehouse
2 1 (1.27%) SQL Server
General
1 22 (27.85%) Finance
2 4 (5.06%) Retail
3 1 (1.27%) General Ledger
Libraries, Frameworks & Software Standards
1 2 (2.53%) .NET
2 1 (1.27%) XML
Miscellaneous
1 15 (18.99%) Analytical Skills
2 4 (5.06%) Data Integration
2 4 (5.06%) Graphic Design
3 3 (3.80%) Credit Risk
3 3 (3.80%) Mainframe
4 1 (1.27%) Management Information System
4 1 (1.27%) Client/Server
4 1 (1.27%) PMI
Processes & Methodologies
1 34 (43.04%) Business Analysis
2 20 (25.32%) Project Management
3 19 (24.05%) Agile Software Development
4 11 (13.92%) UML
5 9 (11.39%) Workflow
6 8 (10.13%) Six Sigma
6 8 (10.13%) Stakeholder Management
6 8 (10.13%) Use Case
7 7 (8.86%) Waterfall
8 6 (7.59%) User Acceptance Testing
8 6 (7.59%) Test Scripting
9 5 (6.33%) Data Modelling
10 4 (5.06%) E-Commerce
10 4 (5.06%) SDLC
11 3 (3.80%) Software Delivery
11 3 (3.80%) Portfolio Management
11 3 (3.80%) User Stories
11 3 (3.80%) BPR
11 3 (3.80%) Change Management
11 3 (3.80%) GAP Analysis
Programming Languages
1 6 (7.59%) SQL
2 3 (3.80%) C
Qualifications
1 7 (8.86%) Degree
2 2 (2.53%) ISEB Practitioner
2 2 (2.53%) ISEB
3 1 (1.27%) PMP
3 1 (1.27%) PMI Certification
Quality Assurance & Compliance
1 2 (2.53%) Data Quality
2 1 (1.27%) Solvency II
Vendors
1 5 (6.33%) Microsoft
2 1 (1.27%) Guidewire
City, London
ReThink Recruitment
Rate: £450 - £500 per day
Posted: 4 days ago
City, London
Canary Wharf and City
Rate: Up to £600 per day
Posted: 5 days ago