The statistics below represent IT contracts advertised across the London region that had Quantitative Analyst featuring in the job title. Included is a guide to the contractor rates offered over the 3 months to 24 August 2016 with a comparison to same period over 2 years.

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.

3 months to
24 Aug 2016
Same period 2015 Same period 2014
Quant Analyst
Rank 410 423 405
Rank change year-on-year
+13 -18
Contract jobs requiring a Quantitative Analyst 35 27 15
As % of all contract IT jobs located in London 0.15% 0.11% 0.063%
As % of the Job Titles category 0.16% 0.12% 0.066%
Number of daily rates quoted 25 19 14
Median daily rate £650 £575 £700
Median daily rate % change year-on-year
+13.04% -17.85%
90% offered a daily rate of more than £480 £435 £515
10% offered a daily rate of more than £815 £760 £750
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Quantitative Analyst
England

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the London region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
London
Contract IT job ads with a match in the
Job Titles category
21925 22482 22648
As % of all contract IT jobs located in London 94.93% 94.67% 95.01%
Number of daily rates quoted 15635 15732 15384
Median daily rate £463 £450 £425
Median daily rate % change year-on-year
+2.77% +5.88%
90% offered a daily rate of more than £300 £275 £265
10% offered a daily rate of more than £625 £600 £600
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 253 345 439
Median hourly rate £17.50 £18.50 £17.50
Median hourly rate % change year-on-year
-5.40% +5.71%
90% offered a hourly rate of more than £11.00 £12.50 £11.50
10% offered a hourly rate of more than £50.00 £43.00 £42.75
UK excluding London median hourly rate £16.50 £17.00 £16.50
% change year-on-year
-2.94% +3.03%

Quantitative Analyst
Jobs Demand Trend in London

The demand trend of IT contracts across the London region that featured Quantitative Analyst in the job title.

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 24 August 2016.

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 median contractor rates quoted in IT jobs citing Quantitative Analyst within the London region over the 3 months to 24 August 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +23 2 £618 +7.39%
Docklands, London - 1 £750 -
Quantitative Analyst
England

Quantitative Analyst Skill Set
Top 30 Related IT Skills in London

For the 6 months to 24 August 2016, Quantitative Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region featuring Quantitative Analyst in the job title.

1 30 (44.78%) Finance
2 23 (34.33%) Validation
2 23 (34.33%) Front Office
2 23 (34.33%) C#
2 23 (34.33%) Degree
3 22 (32.84%) C++
4 17 (25.37%) Python
4 17 (25.37%) Stress Testing
5 16 (23.88%) Quantitative Finance
5 16 (23.88%) Retail
6 15 (22.39%) Mathematics
7 14 (20.90%) Risk Management
8 12 (17.91%) Market Risk
9 11 (16.42%) Foreign Exchange (FX)
9 11 (16.42%) Banking
10 10 (14.93%) Derivative
10 10 (14.93%) PhD
11 9 (13.43%) Monte Carlo Method
11 9 (13.43%) Fixed Income
11 9 (13.43%) Physics
12 8 (11.94%) Grid Computing
12 8 (11.94%) Credit Risk
13 7 (10.45%) Statistical Modelling
13 7 (10.45%) Performance Optimisation
13 7 (10.45%) VBA
13 7 (10.45%) Statistics
14 6 (8.96%) Investment Banking
15 5 (7.46%) Greeks
15 5 (7.46%) Time Series Analysis
15 5 (7.46%) Analytical Skills

Quantitative Analyst Skill Set
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (2.99%) SAS
Applications
1 3 (4.48%) LaTeX
1 3 (4.48%) MS Office
2 2 (2.99%) MS Excel
3 1 (1.49%) Spreadsheet
Cloud Services
1 1 (1.49%) Cloud Computing
Development Applications
1 1 (1.49%) TeamCity
General
1 30 (44.78%) Finance
2 23 (34.33%) Front Office
3 16 (23.88%) Retail
4 11 (16.42%) Banking
5 6 (8.96%) Investment Banking
6 1 (1.49%) Back Office
6 1 (1.49%) French Language
6 1 (1.49%) Marketing
Libraries, Frameworks & Software Standards
1 1 (1.49%) FpML
1 1 (1.49%) XSLT
Miscellaneous
1 15 (22.39%) Mathematics
2 12 (17.91%) Market Risk
3 11 (16.42%) Foreign Exchange (FX)
4 10 (14.93%) Derivative
5 9 (13.43%) Fixed Income
5 9 (13.43%) Physics
6 8 (11.94%) Credit Risk
6 8 (11.94%) Grid Computing
7 7 (10.45%) Statistics
8 5 (7.46%) Analytical Skills
9 4 (5.97%) Credit Derivative
10 3 (4.48%) Economics
10 3 (4.48%) Equities
11 1 (1.49%) Computer Science
11 1 (1.49%) Equity Risk
11 1 (1.49%) Hedge funds
11 1 (1.49%) Interest Rate Derivative
11 1 (1.49%) Swaptions
Operating Systems
1 1 (1.49%) Linux
1 1 (1.49%) Windows
Processes & Methodologies
1 23 (34.33%) Validation
2 17 (25.37%) Stress Testing
3 16 (23.88%) Quantitative Finance
4 14 (20.90%) Risk Management
5 9 (13.43%) Monte Carlo Method
6 7 (10.45%) Performance Optimisation
6 7 (10.45%) Statistical Modelling
7 5 (7.46%) Credit Risk Modelling
7 5 (7.46%) Greeks
7 5 (7.46%) Time Series Analysis
8 4 (5.97%) Analytics
8 4 (5.97%) Econometric Modelling
8 4 (5.97%) Econometrics
9 3 (4.48%) Numerical Analysis
9 3 (4.48%) Quantitative Risk Management
9 3 (4.48%) Stochastic Calculus
9 3 (4.48%) Wealth Management
10 2 (2.99%) Business Analysis
10 2 (2.99%) Quantitative Analysis
10 2 (2.99%) Regression Analysis
Programming Languages
1 23 (34.33%) C#
2 22 (32.84%) C++
3 17 (25.37%) Python
4 7 (10.45%) VBA
5 4 (5.97%) MATLAB
5 4 (5.97%) R
6 3 (4.48%) SQL
7 2 (2.99%) Ada
7 2 (2.99%) Haskell
8 1 (1.49%) Java
8 1 (1.49%) VB
Qualifications
1 23 (34.33%) Degree
2 10 (14.93%) PhD
Quality Assurance & Compliance
1 1 (1.49%) Basel III
London
TEKsystems
Rate: £700 - £750 per day
Posted: 5 days ago