Insurance Business Analyst Contracts in England

Business Analyst - Insurance (Insurance BA)
UK > England

The median Business Analyst - Insurance (Insurance BA) daily rate in England is £600 according to job vacancies posted during the 6 months to 5 May 2024.

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

6 months to
5 May 2024
Same period 2023 Same period 2022
Rank 464 542 632
Rank change year-on-year +78 +90 -102
Contract jobs requiring an Insurance Business Analyst 77 119 168
As % of all contract jobs advertised in England 0.21% 0.24% 0.24%
As % of the Job Titles category 0.23% 0.25% 0.25%
Number of daily rates quoted 54 105 153
10th Percentile £519 £500 £488
25th Percentile £575 £550 £513
Median daily rate (50th Percentile) £600 £600 £550
Median % change year-on-year - +9.09% +10.00%
75th Percentile £675 £615 £613
90th Percentile £750 £650 £650
UK median daily rate £600 £600 £550
% change year-on-year - +9.09% +10.00%

All Contract IT Job Vacancies
England

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in England. 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 contract jobs in our overall sample.

Contract vacancies in England with a recognized job title 34,183 47,267 67,930
% of contract IT jobs with a recognized job title 92.70% 94.63% 95.51%
Number of daily rates quoted 22,703 33,560 48,361
10th Percentile £280 £313 £313
25th Percentile £413 £425 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +8.25%
75th Percentile £643 £663 £638
90th Percentile £750 £760 £738
UK median daily rate £525 £540 £525
% change year-on-year -2.78% +2.86% +10.53%
Number of hourly rates quoted 2,433 1,401 1,881
10th Percentile £13.00 £14.36 £12.50
25th Percentile £16.30 £20.00 £15.50
Median hourly rate £36.50 £44.00 £22.50
Median % change year-on-year -17.05% +95.56% +2.27%
75th Percentile £61.30 £65.00 £48.75
90th Percentile £72.82 £77.00 £62.75
UK median hourly rate £36.50 £45.00 £23.60
% change year-on-year -18.89% +90.68% +4.89%

Insurance Business Analyst
Job Vacancy Trend in England

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

Job vacancy trend for Insurance Business Analyst in England

Insurance Business Analyst
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Insurance Business Analyst in England.

Daily rate trend for Insurance Business Analyst in England

Insurance Business Analyst
Daily Rate Histogram in England

Daily rate distribution for jobs citing Insurance Business Analyst in England over the 6 months to 5 May 2024.

Daily rate histogram for Insurance Business Analyst in England

Insurance Business Analyst
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Insurance Business Analyst in England.

Hourly rate trend for Insurance Business Analyst in England

Insurance Business Analyst
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Insurance Business Analyst within the England region over the 6 months to 5 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
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
London +82 76 £600 - 7
Midlands +28 1 - -
Insurance Business Analyst
UK

Insurance Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in England

For the 6 months to 5 May 2024, Insurance Business Analyst contract 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 contract job ads across the England region featuring Insurance Business Analyst in the job title.

1 34 (44.16%) Inclusion and Diversity
2 33 (42.86%) Social Skills
3 25 (32.47%) Agile
4 17 (22.08%) Finance
4 17 (22.08%) Business Analysis
5 16 (20.78%) User Stories
6 15 (19.48%) Stakeholder Management
7 14 (18.18%) SQL
7 14 (18.18%) Target Operating Model
8 12 (15.58%) Degree
9 11 (14.29%) Stakeholder Engagement
10 10 (12.99%) Workshop Facilitation
11 8 (10.39%) Acceptance Criteria
12 7 (9.09%) Presentation Skills
12 7 (9.09%) Scrum
13 6 (7.79%) Migration
13 6 (7.79%) Data Quality
14 5 (6.49%) Data Visualisation
14 5 (6.49%) Data Governance
14 5 (6.49%) Problem-Solving
14 5 (6.49%) User Acceptance Testing
14 5 (6.49%) Visualisation
14 5 (6.49%) Impact Assessments
15 4 (5.19%) Product Ownership
15 4 (5.19%) Wireframes
15 4 (5.19%) Prototyping
15 4 (5.19%) Business Transformation
16 3 (3.90%) Analytical Skills
16 3 (3.90%) Release Management
16 3 (3.90%) SDLC

Insurance Business Analyst Skill Set
Co-occurring Skills and Capabilities in England 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 2 (2.60%) Confluence
2 1 (1.30%) CMS
Applications
1 1 (1.30%) Microsoft Excel
1 1 (1.30%) Microsoft Office
1 1 (1.30%) Microsoft PowerPoint
1 1 (1.30%) MS Visio
Cloud Services
1 3 (3.90%) Azure
1 3 (3.90%) Power Platform
Database & Business Intelligence
1 3 (3.90%) Data Lake
1 3 (3.90%) Power BI
2 2 (2.60%) SQL Server Analysis Services
2 2 (2.60%) SQL Server Integration Services
2 2 (2.60%) SQL Server Reporting Services
Development Applications
1 2 (2.60%) JIRA
General
1 34 (44.16%) Inclusion and Diversity
2 33 (42.86%) Social Skills
3 17 (22.08%) Finance
4 7 (9.09%) Presentation Skills
5 3 (3.90%) Analytical Skills
5 3 (3.90%) Influencing Skills
6 1 (1.30%) Law
6 1 (1.30%) Legal
6 1 (1.30%) Retail
Miscellaneous
1 4 (5.19%) Product Ownership
2 1 (1.30%) Algorithms
2 1 (1.30%) Analytical Mindset
2 1 (1.30%) Onboarding
2 1 (1.30%) Reinsurance
2 1 (1.30%) Self-Motivation
Processes & Methodologies
1 25 (32.47%) Agile
2 17 (22.08%) Business Analysis
3 16 (20.78%) User Stories
4 15 (19.48%) Stakeholder Management
5 14 (18.18%) Target Operating Model
6 11 (14.29%) Stakeholder Engagement
7 10 (12.99%) Workshop Facilitation
8 8 (10.39%) Acceptance Criteria
9 7 (9.09%) Scrum
10 6 (7.79%) Migration
11 5 (6.49%) Data Governance
11 5 (6.49%) Data Visualisation
11 5 (6.49%) Impact Assessments
11 5 (6.49%) Problem-Solving
11 5 (6.49%) User Acceptance Testing
11 5 (6.49%) Visualisation
12 4 (5.19%) Business Transformation
12 4 (5.19%) Prototyping
12 4 (5.19%) Wireframes
13 3 (3.90%) SDLC
Programming Languages
1 14 (18.18%) SQL
Qualifications
1 12 (15.58%) Degree
2 2 (2.60%) IIBA
3 1 (1.30%) CBAP
Quality Assurance & Compliance
1 6 (7.79%) Data Quality
2 2 (2.60%) Accessibility
3 1 (1.30%) Actionable Recommendations
Vendors
1 3 (3.90%) Databricks
2 1 (1.30%) Hyperion
2 1 (1.30%) Microsoft
2 1 (1.30%) Oracle
2 1 (1.30%) Pega
2 1 (1.30%) PeopleSoft