Insurance Business Analyst Contracts in London

Business Analyst - Insurance (Insurance BA)
England > London

The median Business Analyst - Insurance (Insurance BA) daily rate in London is £600 according to job vacancies posted during the 6 months to 6 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
6 May 2024
Same period 2023 Same period 2022
Rank 317 398 456
Rank change year-on-year +81 +58 -70
Contract jobs requiring an Insurance Business Analyst 76 107 152
As % of all contract jobs advertised in London 0.43% 0.40% 0.39%
As % of the Job Titles category 0.46% 0.42% 0.41%
Number of daily rates quoted 54 94 140
10th Percentile £519 £525 £500
25th Percentile £575 £575 £513
Median daily rate (50th Percentile) £600 £600 £565
Median % change year-on-year - +6.19% +13.00%
75th Percentile £675 £625 £613
90th Percentile £750 £650 £658
England median daily rate £600 £600 £550
% change year-on-year - +9.09% +10.00%

All Contract IT Job Vacancies
London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. 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 London with a recognized job title 16,617 25,468 37,159
% of contract IT jobs with a recognized job title 93.23% 95.25% 95.33%
Number of daily rates quoted 12,021 18,449 27,170
10th Percentile £325 £363 £375
25th Percentile £443 £463 £470
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - +9.52%
75th Percentile £676 £700 £681
90th Percentile £800 £800 £775
England median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +7.69%
Number of hourly rates quoted 338 290 447
10th Percentile £16.01 £18.00 £16.40
25th Percentile £20.02 £22.53 £22.21
Median hourly rate £27.66 £35.25 £35.00
Median % change year-on-year -21.55% +0.71% +10.62%
75th Percentile £43.75 £61.50 £49.25
90th Percentile £65.00 £78.20 £67.75
England median hourly rate £36.50 £44.32 £22.50
% change year-on-year -17.64% +96.98% +2.27%

Insurance Business Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Insurance Business Analyst in London

Insurance Business Analyst
Contractor Daily Rate Trend in London

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

Daily rate trend for Insurance Business Analyst in London

Insurance Business Analyst
Daily Rate Histogram in London

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

Daily rate histogram for Insurance Business Analyst in London

Insurance Business Analyst
Contract Job Locations in London

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 London region over the 6 months to 6 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
Central London +41 16 £625 +4.17%
Insurance Business Analyst
England

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

For the 6 months to 6 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 London region featuring Insurance Business Analyst in the job title.

1 34 (44.74%) Inclusion and Diversity
2 33 (43.42%) Social Skills
3 25 (32.89%) Agile
4 17 (22.37%) Finance
4 17 (22.37%) Business Analysis
5 16 (21.05%) User Stories
6 15 (19.74%) Stakeholder Management
7 14 (18.42%) SQL
7 14 (18.42%) Target Operating Model
8 12 (15.79%) Degree
9 11 (14.47%) Stakeholder Engagement
10 10 (13.16%) Workshop Facilitation
11 8 (10.53%) Acceptance Criteria
12 7 (9.21%) Presentation Skills
12 7 (9.21%) Scrum
13 6 (7.89%) Migration
13 6 (7.89%) Data Quality
14 5 (6.58%) Data Visualisation
14 5 (6.58%) Data Governance
14 5 (6.58%) Impact Assessments
14 5 (6.58%) Problem-Solving
14 5 (6.58%) User Acceptance Testing
14 5 (6.58%) Visualisation
15 4 (5.26%) Wireframes
15 4 (5.26%) Prototyping
15 4 (5.26%) Business Transformation
15 4 (5.26%) Product Ownership
16 3 (3.95%) Backlog Management
16 3 (3.95%) Backlog Prioritisation
16 3 (3.95%) Requirements Gathering

Insurance Business Analyst Skill Set
Co-occurring Skills and Capabilities in London 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 (2.63%) Confluence
2 1 (1.32%) CMS
Applications
1 1 (1.32%) Microsoft Excel
1 1 (1.32%) Microsoft Office
1 1 (1.32%) Microsoft PowerPoint
1 1 (1.32%) MS Visio
Cloud Services
1 3 (3.95%) Azure
1 3 (3.95%) Power Platform
Database & Business Intelligence
1 3 (3.95%) Data Lake
1 3 (3.95%) Power BI
2 2 (2.63%) SQL Server Analysis Services
2 2 (2.63%) SQL Server Integration Services
2 2 (2.63%) SQL Server Reporting Services
Development Applications
1 2 (2.63%) JIRA
General
1 34 (44.74%) Inclusion and Diversity
2 33 (43.42%) Social Skills
3 17 (22.37%) Finance
4 7 (9.21%) Presentation Skills
5 3 (3.95%) Analytical Skills
5 3 (3.95%) Influencing Skills
6 1 (1.32%) Law
6 1 (1.32%) Legal
6 1 (1.32%) Retail
Miscellaneous
1 4 (5.26%) Product Ownership
2 1 (1.32%) Algorithms
2 1 (1.32%) Analytical Mindset
2 1 (1.32%) Onboarding
2 1 (1.32%) Reinsurance
2 1 (1.32%) Self-Motivation
Processes & Methodologies
1 25 (32.89%) Agile
2 17 (22.37%) Business Analysis
3 16 (21.05%) User Stories
4 15 (19.74%) Stakeholder Management
5 14 (18.42%) Target Operating Model
6 11 (14.47%) Stakeholder Engagement
7 10 (13.16%) Workshop Facilitation
8 8 (10.53%) Acceptance Criteria
9 7 (9.21%) Scrum
10 6 (7.89%) Migration
11 5 (6.58%) Data Governance
11 5 (6.58%) Data Visualisation
11 5 (6.58%) Impact Assessments
11 5 (6.58%) Problem-Solving
11 5 (6.58%) User Acceptance Testing
11 5 (6.58%) Visualisation
12 4 (5.26%) Business Transformation
12 4 (5.26%) Prototyping
12 4 (5.26%) Wireframes
13 3 (3.95%) Backlog Management
Programming Languages
1 14 (18.42%) SQL
Qualifications
1 12 (15.79%) Degree
2 2 (2.63%) IIBA
3 1 (1.32%) CBAP
Quality Assurance & Compliance
1 6 (7.89%) Data Quality
2 2 (2.63%) Accessibility
3 1 (1.32%) Actionable Recommendations
Vendors
1 3 (3.95%) Databricks
2 1 (1.32%) Hyperion
2 1 (1.32%) Microsoft
2 1 (1.32%) Oracle
2 1 (1.32%) Pega
2 1 (1.32%) PeopleSoft