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 29 August 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
29 Aug 2014
Same period 2013 Same period 2012
Quant Analyst
Rank 400 423 393
Rank change year-on-year
+23 -30
Contract jobs requiring a Quantitative Analyst 14 8 14
As % of all contract IT jobs located in London 0.058% 0.032% 0.054%
As % of the Job Titles category 0.062% 0.034% 0.058%
Number of daily rates quoted 12 7 13
Average daily rate
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£700 £800 £625
Average daily rate % change year-on-year
-12.46% +28.00%
90% offered a daily rate of more than £556 £675 £310
10% offered a daily rate of more than £750 £940 £790
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
22500 23238 24253
As % of all contract IT jobs located in London 92.48% 92.90% 93.11%
Number of daily rates quoted 15318 15932 15951
Average daily rate £425 £438 £425
Average daily rate % change year-on-year
-2.85% +2.94%
90% offered a daily rate of more than £270 £275 £268
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £340
% change year-on-year
- +2.94%
Number of hourly rates quoted 423 451 618
Average hourly rate £17.50 £19.13 £20.00
Average hourly rate % change year-on-year
-8.49% -4.37%
90% offered a hourly rate of more than £11.50 £13.00 £13.00
10% offered a hourly rate of more than £45.00 £41.80 £44.50
UK excluding London average hourly rate £16.50 £17.00 £18.00
% change year-on-year
-2.94% -5.55%

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 29 August 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 29 August 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 +20 3 £701 -22.16% 5
Canary Wharf - - - -
Quantitative Analyst
England

Quantitative Analyst
Top 30 Related IT Skills in London

For the 6 months to 29 August 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 30 (75.00%) C++
2 21 (52.50%) Finance
3 20 (50.00%) Analytics
4 16 (40.00%) PhD
4 16 (40.00%) Mathematics
5 15 (37.50%) VBA
5 15 (37.50%) Front Office
6 13 (32.50%) SQL
7 11 (27.50%) Degree
7 11 (27.50%) Risk Management
8 10 (25.00%) C#
8 10 (25.00%) Physics
8 10 (25.00%) Derivative
9 8 (20.00%) Fixed Income
10 7 (17.50%) Java
10 7 (17.50%) Computer Science
10 7 (17.50%) Stress Testing
11 6 (15.00%) Validation
11 6 (15.00%) Python
11 6 (15.00%) R
12 5 (12.50%) Monte Carlo Method
12 5 (12.50%) MBA
12 5 (12.50%) Foreign Exchange (FX)
12 5 (12.50%) Market Risk
12 5 (12.50%) Quantitative Analysis
12 5 (12.50%) Banking
12 5 (12.50%) Statistical Analysis
12 5 (12.50%) Economics
13 4 (10.00%) Investment Banking
13 4 (10.00%) Statistics

Quantitative Analyst
Top Related IT Skills in London by Category

For the 6 months to 29 August 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 (2.50%) MS Visio
1 1 (2.50%) S-PLUS
1 1 (2.50%) MS PowerPoint
1 1 (2.50%) Spreadsheet
1 1 (2.50%) LaTeX
Business Applications
1 3 (7.50%) Summit
Development Applications
1 1 (2.50%) Selenium
1 1 (2.50%) Cucumber
General
1 21 (52.50%) Finance
2 15 (37.50%) Front Office
3 5 (12.50%) Banking
4 4 (10.00%) Investment Banking
Libraries, Frameworks & Software Standards
1 1 (2.50%) .NET
Miscellaneous
1 16 (40.00%) Mathematics
2 10 (25.00%) Physics
2 10 (25.00%) Derivative
3 8 (20.00%) Fixed Income
4 7 (17.50%) Computer Science
5 5 (12.50%) Foreign Exchange (FX)
5 5 (12.50%) Economics
5 5 (12.50%) Market Risk
6 4 (10.00%) Statistics
7 3 (7.50%) Equities
8 2 (5.00%) Credit Risk
9 1 (2.50%) Hedge funds
9 1 (2.50%) Equity Derivative
Operating Systems
1 2 (5.00%) UNIX
2 1 (2.50%) Windows
2 1 (2.50%) Linux
Processes & Methodologies
1 20 (50.00%) Analytics
2 11 (27.50%) Risk Management
3 7 (17.50%) Stress Testing
4 6 (15.00%) Validation
5 5 (12.50%) Statistical Analysis
5 5 (12.50%) Quantitative Analysis
5 5 (12.50%) Monte Carlo Method
6 4 (10.00%) Risk Analytics
6 4 (10.00%) Probability Theory
7 3 (7.50%) Scrum
8 2 (5.00%) Econometrics
8 2 (5.00%) Stochastic Calculus
8 2 (5.00%) Financial Modelling
8 2 (5.00%) Continuous Improvement
8 2 (5.00%) Greeks
8 2 (5.00%) Stakeholder Engagement
9 1 (2.50%) Regression Analysis
9 1 (2.50%) User Stories
9 1 (2.50%) Time Series Analysis
9 1 (2.50%) Manual Testing
Programming Languages
1 30 (75.00%) C++
2 15 (37.50%) VBA
3 13 (32.50%) SQL
4 10 (25.00%) C#
5 7 (17.50%) Java
6 6 (15.00%) Python
6 6 (15.00%) R
7 3 (7.50%) MATLAB
8 2 (5.00%) Perl
9 1 (2.50%) Ruby
Qualifications
1 16 (40.00%) PhD
2 11 (27.50%) Degree
3 5 (12.50%) MBA
4 1 (2.50%) ISEB
Quality Assurance & Compliance
1 2 (5.00%) Basel III
1 2 (5.00%) CRD IV
1 2 (5.00%) Dodd-Frank
2 1 (2.50%) Solvency II
2 1 (2.50%) Basel II
2 1 (2.50%) QA
City, London
Harrington Starr
Rate: £650 per day
Posted: 3 days ago
London
Huxley Associates
Rate: £250 - £350 per day + competitive
Posted: 26 days ago