The first table below looks at the demand for the Quantitative Analyst role in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Quantitative Analyst in their job title over the 3 months to 22 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Job Titles advertised for the England region.

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
22 May 2013
Same period 2012 Same period 2011
Quant Analyst
Rank 502 552 551
Rank change year-on-year
+50 -1
Contract jobs requiring a Quantitative Analyst 12 18 13
As % of all contract IT jobs located in England 0.028% 0.033% 0.023%
As % of the Job Titles category 0.031% 0.036% 0.025%
Number of daily rates quoted 11 11 7
Average daily rate £575 £500 £575
Average daily rate % change year-on-year
+15.00% -13.04%
90% offered a daily rate of more than £450 £400 £530
10% offered a daily rate of more than £663 £650 £630
UK excluding London average daily rate - £800 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Job Titles
England
Contract IT job ads with a match in the
Job Titles category
39040 50214 51349
As % of all contract IT jobs located in England 92.49% 92.56% 92.71%
Number of daily rates quoted 22971 28392 28508
Average daily rate £400 £400 £425
Average daily rate % change year-on-year
- -5.88%
90% offered a daily rate of more than £240 £245 £250
10% offered a daily rate of more than £575 £575 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 2022 2460 2732
Average hourly rate £19.00 £18.50 £20.00
Average hourly rate % change year-on-year
+2.70% -7.50%
90% offered a hourly rate of more than £11.13 £11.00 £11.00
10% offered a hourly rate of more than £42.00 £40.00 £41.00
UK excluding London average hourly rate £17.50 £18.00 £20.00
% change year-on-year
-2.77% -10.00%
Quantitative Analyst
UK

Quantitative Analyst
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Quantitative Analyst across the England region as a proportion of the total demand within the Job Titles category.

England Quantitative Analyst Jobs Demand Trend

Quantitative Analyst
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Quantitative Analyst across the England region.

England Quantitative Analyst Daily Rate Trend

Quantitative Analyst
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Analyst across the England region over the 3 months to 22 May 2013.

England Quantitative Analyst Daily Rate Histogram

Quantitative Analyst
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Quantitative Analyst across the England region.

England Quantitative Analyst Hourly Rate Trend

Quantitative Analyst
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Quantitative Analyst within the England region over the 3 months to 22 May 2013. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
London +26 12 £575 +15.00%
Quantitative Analyst
UK

Quantitative Analyst
Top 30 Related IT Skills

For the 6 months to 22 May 2013, IT contractor jobs across the England region that cited Quantitative 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 Quantitative Analyst in their job title.

1 20 (68.97%) C++
2 14 (48.28%) Analytics
3 13 (44.83%) Monte Carlo Method
3 13 (44.83%) Mathematics
4 12 (41.38%) Credit Risk
5 9 (31.03%) Statistics
5 9 (31.03%) VBA
5 9 (31.03%) Finance
6 8 (27.59%) Python
6 8 (27.59%) R
6 8 (27.59%) Stochastic Calculus
7 7 (24.14%) SQL
7 7 (24.14%) Validation
7 7 (24.14%) Market Risk
7 7 (24.14%) Risk Management
8 6 (20.69%) Investment Banking
8 6 (20.69%) Banking
9 5 (17.24%) Data Analysis
9 5 (17.24%) Degree
9 5 (17.24%) Stakeholder Management
9 5 (17.24%) PhD
9 5 (17.24%) OO
9 5 (17.24%) C
9 5 (17.24%) Risk Analytics
10 4 (13.79%) Greeks
10 4 (13.79%) Basel III
10 4 (13.79%) C#
10 4 (13.79%) CRM
10 4 (13.79%) Management Information System
10 4 (13.79%) Front Office

Quantitative Analyst
Top Related IT Skills by Category

For the 6 months to 22 May 2013, IT contractor jobs across the England region that cited Quantitative 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 Quantitative Analyst in their job title. Up to 20 skills are shown per category.

Application Development
1 1 (3.448%) SciPy
1 1 (3.448%) Boost C++ Libraries
1 1 (3.448%) STL
Applications
1 2 (6.897%) MS Excel
1 2 (6.897%) S-PLUS
Communications & Networking
1 2 (6.897%) HTTP
2 1 (3.448%) HTTPS
General
1 9 (31.03%) Finance
2 6 (20.69%) Investment Banking
2 6 (20.69%) Banking
3 4 (13.79%) Front Office
3 4 (13.79%) French Language
Miscellaneous
1 13 (44.83%) Mathematics
2 12 (41.38%) Credit Risk
3 9 (31.03%) Statistics
4 7 (24.14%) Market Risk
5 4 (13.79%) Management Information System
5 4 (13.79%) Derivative
6 3 (10.34%) Economics
6 3 (10.34%) Fixed Income
7 2 (6.897%) Hedge funds
8 1 (3.448%) Visualisation
8 1 (3.448%) Swaptions
8 1 (3.448%) Physics
8 1 (3.448%) Computer Science
8 1 (3.448%) Foreign Exchange (FX)
Processes & Methodologies
1 14 (48.28%) Analytics
2 13 (44.83%) Monte Carlo Method
3 8 (27.59%) Stochastic Calculus
4 7 (24.14%) Validation
4 7 (24.14%) Risk Management
5 5 (17.24%) Data Analysis
5 5 (17.24%) Stakeholder Management
5 5 (17.24%) OO
5 5 (17.24%) Risk Analytics
6 4 (13.79%) Greeks
6 4 (13.79%) CRM
6 4 (13.79%) Business Analysis
7 2 (6.897%) Data Modelling
7 2 (6.897%) Stress Testing
8 1 (3.448%) Risk Analysis
8 1 (3.448%) Quantitative Analysis
8 1 (3.448%) Econometrics
8 1 (3.448%) Benchmarking
Programming Languages
1 20 (68.97%) C++
2 9 (31.03%) VBA
3 8 (27.59%) Python
3 8 (27.59%) R
4 7 (24.14%) SQL
5 5 (17.24%) C
6 4 (13.79%) C#
6 4 (13.79%) Jython
7 3 (10.34%) Java
8 1 (3.448%) MATLAB
8 1 (3.448%) Perl
Qualifications
1 5 (17.24%) Degree
1 5 (17.24%) PhD
2 3 (10.34%) Postgraduate
Quality Assurance & Compliance
1 4 (13.79%) Basel III
1 4 (13.79%) Basel II
2 1 (3.448%) Solvency II
Vendors
1 3 (10.34%) Murex
1 3 (10.34%) Calypso
2 1 (3.448%) Twitter
London
I currently have a contract opportunity for a quant analyst to join a top banking group's model validation team... You will also be responsible for leading important...
Real Staffing
Rate: £675 per day
Posted: 21 May 2013
City of London
You will meet all of the following essential skills/experience: MSc or PHD in Quantitative discipline Ideally 2 years experience working as a quantitative analyst or in a...
Orgtel
Rate: £55000 - £60000 per annum + Benefits + Pension
Posted: 21 May 2013
City of London
You will meet all of the following essential skills/experience: MSc or PHD in Quantitative dicepline Ideally 2 years experience working as a quantitative analyst or in a...
Orgtel
Posted: 15 May 2013
City of London
Quantitative Risk Analyst, Front Office/Risk Banking,London, £500-680 per day My client, a leading bank, is currently looking for a Quantitative Risk Analyst with strong market...
Orgtel
Rate: £500 - £680 per day
Posted: 21 May 2013