The first table below looks at the demand for the Quantitative Analyst role in IT contracts advertised for the London 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 July 2014 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 London 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 Jul 2014
Same period 2013 Same period 2012
Quant Analyst
Rank 381 405 417
Rank change year-on-year
+24 +12
Contract jobs requiring a Quantitative Analyst 19 11 12
As % of all contract IT jobs located in London 0.083% 0.045% 0.046%
As % of the Job Titles category 0.089% 0.049% 0.049%
Number of daily rates quoted 19 9 6
Average daily rate
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£701 £650 £525
Average daily rate % change year-on-year
+7.76% +23.80%
90% offered a daily rate of more than £550 £582 £363
10% offered a daily rate of more than £780 £920 £713
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Job Titles Category
London
Contract IT job ads with a match in the
Job Titles category
21256 22408 24429
As % of all contract IT jobs located in London 92.80% 92.45% 92.87%
Number of daily rates quoted 14623 15254 15784
Average daily rate £425 £443 £425
Average daily rate % change year-on-year
-3.95% +4.11%
90% offered a daily rate of more than £265 £275 £275
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 394 474 640
Average hourly rate £17.50 £20.00 £20.00
Average hourly rate % change year-on-year
-12.50% -
90% offered a hourly rate of more than £11.50 £13.45 £13.00
10% offered a hourly rate of more than £42.50 £42.50 £41.63
UK excluding London average hourly rate £16.25 £17.00 £18.00
% change year-on-year
-4.41% -5.55%
Quantitative Analyst
England

Quantitative Analyst
Jobs Demand Trend in London

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

Quantitative Analyst Jobs Demand Trend in London

Quantitative Analyst
Daily Rate Trend in London

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

Quantitative Analyst Daily Rate Trend in London

Quantitative Analyst
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Analyst across the London region over the 3 months to 22 July 2014.

Quantitative Analyst Daily Rate Histogram in London

Quantitative Analyst
Hourly Rate Trend in London

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

Quantitative Analyst Hourly Rate Trend in London

Quantitative Analyst
Contract Job Locations in London

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 London region over the 3 months to 22 July 2014. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
City of London +25 5 £701 -5.97% 1
Canary Wharf - - - -
Quantitative Analyst
England

Quantitative Analyst
Top 30 Related IT Skills in London

For the 6 months to 22 July 2014, IT contractor jobs across the London 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 38 (79.17%) C++
2 30 (62.50%) Finance
3 29 (60.42%) Analytics
4 23 (47.92%) PhD
4 23 (47.92%) Mathematics
5 19 (39.58%) SQL
6 16 (33.33%) VBA
6 16 (33.33%) Derivative
7 14 (29.17%) Risk Management
8 13 (27.08%) Front Office
8 13 (27.08%) C#
8 13 (27.08%) Degree
9 11 (22.92%) MBA
9 11 (22.92%) Statistical Analysis
10 10 (20.83%) Physics
11 9 (18.75%) Stress Testing
12 8 (16.67%) Market Risk
12 8 (16.67%) Validation
12 8 (16.67%) Python
13 7 (14.58%) Java
13 7 (14.58%) Quantitative Analysis
13 7 (14.58%) Computer Science
13 7 (14.58%) Economics
14 6 (12.50%) Statistics
14 6 (12.50%) Fixed Income
14 6 (12.50%) R
15 5 (10.42%) Monte Carlo Method
15 5 (10.42%) Foreign Exchange (FX)
15 5 (10.42%) Banking
16 4 (8.33%) Investment Banking

Quantitative Analyst
Top Related IT Skills in London by Category

For the 6 months to 22 July 2014, IT contractor jobs across the London 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.

Applications
1 1 (2.08%) Spreadsheet
1 1 (2.08%) LaTeX
1 1 (2.08%) S-PLUS
1 1 (2.08%) MS Visio
1 1 (2.08%) MS PowerPoint
Business Applications
1 3 (6.25%) Summit
Development Applications
1 1 (2.08%) Cucumber
1 1 (2.08%) Selenium
General
1 30 (62.50%) Finance
2 13 (27.08%) Front Office
3 5 (10.42%) Banking
4 4 (8.33%) Investment Banking
Libraries, Frameworks & Software Standards
1 1 (2.08%) .NET
Miscellaneous
1 23 (47.92%) Mathematics
2 16 (33.33%) Derivative
3 10 (20.83%) Physics
4 8 (16.67%) Market Risk
5 7 (14.58%) Computer Science
5 7 (14.58%) Economics
6 6 (12.50%) Statistics
6 6 (12.50%) Fixed Income
7 5 (10.42%) Foreign Exchange (FX)
8 3 (6.25%) Credit Risk
8 3 (6.25%) Equities
9 1 (2.08%) Hedge funds
9 1 (2.08%) Equity Derivative
Operating Systems
1 2 (4.17%) UNIX
2 1 (2.08%) Windows
2 1 (2.08%) Linux
Processes & Methodologies
1 29 (60.42%) Analytics
2 14 (29.17%) Risk Management
3 11 (22.92%) Statistical Analysis
4 9 (18.75%) Stress Testing
5 8 (16.67%) Validation
6 7 (14.58%) Quantitative Analysis
7 5 (10.42%) Monte Carlo Method
8 4 (8.33%) Stochastic Calculus
8 4 (8.33%) Econometrics
8 4 (8.33%) Greeks
8 4 (8.33%) Risk Analytics
9 3 (6.25%) Scrum
10 2 (4.17%) Financial Modelling
10 2 (4.17%) Continuous Improvement
10 2 (4.17%) Stakeholder Engagement
11 1 (2.08%) Regression Analysis
11 1 (2.08%) User Stories
11 1 (2.08%) OO
11 1 (2.08%) Project Management
11 1 (2.08%) Manual Testing
Programming Languages
1 38 (79.17%) C++
2 19 (39.58%) SQL
3 16 (33.33%) VBA
4 13 (27.08%) C#
5 8 (16.67%) Python
6 7 (14.58%) Java
7 6 (12.50%) R
8 3 (6.25%) MATLAB
9 2 (4.17%) Perl
10 1 (2.08%) Ruby
Qualifications
1 23 (47.92%) PhD
2 13 (27.08%) Degree
3 11 (22.92%) MBA
4 1 (2.08%) ISEB
Quality Assurance & Compliance
1 2 (4.17%) Basel III
1 2 (4.17%) CRD IV
1 2 (4.17%) Dodd-Frank
2 1 (2.08%) Solvency II
2 1 (2.08%) Basel II
2 1 (2.08%) QA
City of London
Huxley Associates
Rate: £600 - £700 per annum + competitive
Posted: 11 days ago
London
Hays IT - Uk Posting account
Rate: £700 - £800 per day + Excellent & Neg
Posted: 21 days ago