The table below looks at the statistics 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 18 September 2014 with a comparison to the same period in the previous 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.

Location
3 months to
18 Sep 2014
Same period 2013 Same period 2012
Quant Analyst
Rank 419 417 388
Rank change year-on-year
-2 -29
Contract jobs requiring a Quantitative Analyst 10 8 20
As % of all contract IT jobs located in London 0.041% 0.032% 0.077%
As % of the Job Titles category 0.044% 0.035% 0.083%
Number of daily rates quoted 8 8 19
Average daily rate
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£725 £725 £675
Average daily rate % change year-on-year
+0.03% +7.40%
90% offered a daily rate of more than £678 £578 £415
10% offered a daily rate of more than £765 £865 £760
UK excluding London average daily rate - £263 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
22577 23003 24025
As % of all contract IT jobs located in London 92.29% 92.96% 93.06%
Number of daily rates quoted 15594 15798 15792
Average daily rate £425 £430 £425
Average daily rate % change year-on-year
-1.16% +1.17%
90% offered a daily rate of more than £270 £270 £265
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £360 £350 £345
% change year-on-year
+2.85% +1.44%
Number of hourly rates quoted 430 435 616
Average hourly rate £17.50 £19.50 £20.00
Average hourly rate % change year-on-year
-10.25% -2.50%
90% offered a hourly rate of more than £12.00 £13.00 £12.00
10% offered a hourly rate of more than £42.50 £45.00 £45.00
UK excluding London average hourly rate £16.50 £16.00 £17.50
% change year-on-year
+3.12% -8.57%

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 18 September 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 18 September 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 +22 1 £701 +16.75% 3
Canary Wharf - - - -
Quantitative Analyst
England

Quantitative Analyst
Top 30 Related IT Skills in London

For the 6 months to 18 September 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 23 (76.67%) C++
2 16 (53.33%) Finance
3 14 (46.67%) Front Office
3 14 (46.67%) Analytics
4 13 (43.33%) VBA
4 13 (43.33%) PhD
4 13 (43.33%) Mathematics
5 10 (33.33%) Physics
5 10 (33.33%) Risk Management
6 9 (30.00%) Degree
7 8 (26.67%) Derivative
7 8 (26.67%) SQL
8 7 (23.33%) Computer Science
9 6 (20.00%) Java
9 6 (20.00%) Fixed Income
10 5 (16.67%) Foreign Exchange (FX)
10 5 (16.67%) Banking
10 5 (16.67%) Stress Testing
10 5 (16.67%) Monte Carlo Method
10 5 (16.67%) R
10 5 (16.67%) Analytical Skills
11 4 (13.33%) Probability Theory
11 4 (13.33%) Risk Analytics
11 4 (13.33%) Quantitative Analysis
11 4 (13.33%) Market Risk
11 4 (13.33%) Investment Banking
11 4 (13.33%) C#
12 3 (10.00%) Equities
12 3 (10.00%) Python
12 3 (10.00%) Economics

Quantitative Analyst
Top Related IT Skills in London by Category

For the 6 months to 18 September 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 (3.33%) MS Visio
1 1 (3.33%) S-PLUS
1 1 (3.33%) MS PowerPoint
1 1 (3.33%) Spreadsheet
1 1 (3.33%) LaTeX
Business Applications
1 1 (3.33%) Summit
General
1 16 (53.33%) Finance
2 14 (46.67%) Front Office
3 5 (16.67%) Banking
4 4 (13.33%) Investment Banking
Libraries, Frameworks & Software Standards
1 1 (3.33%) .NET
Miscellaneous
1 13 (43.33%) Mathematics
2 10 (33.33%) Physics
3 8 (26.67%) Derivative
4 7 (23.33%) Computer Science
5 6 (20.00%) Fixed Income
6 5 (16.67%) Foreign Exchange (FX)
6 5 (16.67%) Analytical Skills
7 4 (13.33%) Market Risk
8 3 (10.00%) Equities
8 3 (10.00%) Economics
9 2 (6.67%) Equity Derivative
9 2 (6.67%) Statistics
9 2 (6.67%) Credit Risk
10 1 (3.33%) Hedge funds
Operating Systems
1 2 (6.67%) UNIX
2 1 (3.33%) Windows
2 1 (3.33%) Linux
Processes & Methodologies
1 14 (46.67%) Analytics
2 10 (33.33%) Risk Management
3 5 (16.67%) Stress Testing
3 5 (16.67%) Monte Carlo Method
4 4 (13.33%) Quantitative Analysis
4 4 (13.33%) Probability Theory
4 4 (13.33%) Risk Analytics
5 3 (10.00%) Stakeholder Engagement
5 3 (10.00%) Financial Modelling
6 2 (6.67%) Statistical Analysis
6 2 (6.67%) Validation
6 2 (6.67%) Scrum
6 2 (6.67%) Continuous Improvement
7 1 (3.33%) Regression Analysis
7 1 (3.33%) Time Series Analysis
7 1 (3.33%) Asset Management
7 1 (3.33%) Business Analysis
7 1 (3.33%) OO
Programming Languages
1 23 (76.67%) C++
2 13 (43.33%) VBA
3 8 (26.67%) SQL
4 6 (20.00%) Java
5 5 (16.67%) R
6 4 (13.33%) C#
7 3 (10.00%) Python
8 2 (6.67%) MATLAB
8 2 (6.67%) Perl
Qualifications
1 13 (43.33%) PhD
2 9 (30.00%) Degree
3 2 (6.67%) MBA
Quality Assurance & Compliance
1 2 (6.67%) Basel III
1 2 (6.67%) CRD IV
1 2 (6.67%) Dodd-Frank
2 1 (3.33%) Solvency II
2 1 (3.33%) EMIR
2 1 (3.33%) Basel II
City, London
McGregor Boyall
Rate: £600 - £675 per day
Posted: Yesterday