Insurance Technology (Insurtech)
England > London
The following table provides summary statistics for contract job vacancies advertised in London with a requirement for Insurtech skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Insurtech over the 6 months to 3 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 3 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 384 | 456 | 529 |
| Rank change year-on-year | +72 | +73 | -165 |
| Contract jobs citing Insurtech | 17 | 39 | 66 |
| As % of all contract jobs advertised in London | 0.096% | 0.15% | 0.17% |
| As % of the Processes & Methodologies category | 0.11% | 0.16% | 0.18% |
| Number of daily rates quoted | 13 | 30 | 57 |
| 10th Percentile | - | £400 | £392 |
| 25th Percentile | £575 | £447 | £463 |
| Median daily rate (50th Percentile) | £600 | £650 | £538 |
| Median % change year-on-year | -7.69% | +20.93% | -2.27% |
| 75th Percentile | £650 | £788 | £669 |
| 90th Percentile | £680 | £800 | £693 |
| England median daily rate | £600 | £600 | £538 |
| % change year-on-year | - | +11.63% | - |
All Process and Methodology Skills
London
Insurtech is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 15,768 | 24,449 | 35,954 |
| As % of all contract IT jobs advertised in London | 88.61% | 91.02% | 92.29% |
| Number of daily rates quoted | 11,296 | 17,572 | 26,215 |
| 10th Percentile | £338 | £375 | £390 |
| 25th Percentile | £450 | £475 | £475 |
| Median daily rate (50th Percentile) | £550 | £590 | £575 |
| Median % change year-on-year | -6.78% | +2.61% | +9.52% |
| 75th Percentile | £675 | £700 | £688 |
| 90th Percentile | £800 | £800 | £775 |
| England median daily rate | £525 | £550 | £538 |
| % change year-on-year | -4.55% | +2.33% | +8.59% |
| Number of hourly rates quoted | 325 | 279 | 425 |
| 10th Percentile | £16.00 | £18.60 | £17.20 |
| 25th Percentile | £20.00 | £22.57 | £23.91 |
| Median hourly rate | £29.00 | £39.00 | £36.41 |
| Median % change year-on-year | -25.64% | +7.11% | +12.03% |
| 75th Percentile | £47.50 | £63.88 | £50.75 |
| 90th Percentile | £65.90 | £80.00 | £68.50 |
| England median hourly rate | £36.33 | £36.77 | £24.35 |
| % change year-on-year | -1.19% | +51.01% | +1.46% |
Insurtech
Job Vacancy Trend in London
Job postings citing Insurtech as a proportion of all IT jobs advertised in London.
Insurtech
Contractor Daily Rate Trend in London
3-month moving average daily rate quoted in jobs citing Insurtech in London.
Insurtech
Daily Rate Histogram in London
Daily rate distribution for jobs citing Insurtech in London over the 6 months to 3 May 2024.
Insurtech
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: