Risk Management Contracts in Somerset

Risk Management
South West > Somerset

The following table provides summary statistics for contract job vacancies advertised in Somerset with a requirement for Risk Management skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Risk Management over the 6 months to 29 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
29 Apr 2024
Same period 2023 Same period 2022
Rank 21 27 36
Rank change year-on-year +6 +9 -8
Contract jobs citing Risk Management 7 7 1
As % of all contract jobs advertised in Somerset 3.47% 3.38% 0.50%
As % of the Processes & Methodologies category 4.58% 3.76% 0.57%
Number of daily rates quoted 7 0 0
10th Percentile £200 - -
25th Percentile £331 - -
Median daily rate (50th Percentile) £475 - -
75th Percentile £616 - -
90th Percentile £625 - -
South West median daily rate £520 £650 £540
% change year-on-year -20.00% +20.37% +22.73%

All Process and Methodology Skills
Somerset

Risk Management 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 Somerset with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 153 186 175
As % of all contract IT jobs advertised in Somerset 75.74% 89.86% 86.63%
Number of daily rates quoted 86 140 121
10th Percentile £159 £234 £283
25th Percentile £397 £375 £400
Median daily rate (50th Percentile) £500 £500 £450
Median % change year-on-year - +11.11% -4.76%
75th Percentile £597 £664 £538
90th Percentile £613 £724 £615
South West median daily rate £525 £549 £500
% change year-on-year -4.37% +9.80% +6.84%
Number of hourly rates quoted 29 16 9
10th Percentile £12.50 £17.38 £36.19
25th Percentile - £32.11 £46.25
Median hourly rate £25.00 £50.00 £49.75
Median % change year-on-year -50.00% +0.50% +15.70%
75th Percentile £40.00 £61.09 £50.00
90th Percentile £50.65 £76.84 £57.75
South West median hourly rate £50.00 £61.50 £48.75
% change year-on-year -18.70% +26.16% +8.33%

Risk Management
Job Vacancy Trend in Somerset

Job postings citing Risk Management as a proportion of all IT jobs advertised in Somerset.

Job vacancy trend for Risk Management in Somerset

Risk Management
Contractor Daily Rate Trend in Somerset

3-month moving average daily rate quoted in jobs citing Risk Management in Somerset.

Daily rate trend for Risk Management in Somerset

Risk Management
Daily Rate Histogram in Somerset

Daily rate distribution for jobs citing Risk Management in Somerset over the 6 months to 29 April 2024.

Daily rate histogram for Risk Management in Somerset

Risk Management
Contractor Hourly Rate Trend in Somerset

3-month moving average hourly rates quoted in jobs citing Risk Management in Somerset.

Hourly rate trend for Risk Management in Somerset

Risk Management
Contract Job Locations in Somerset

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Risk Management within the Somerset region over the 6 months to 29 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Taunton - 3 £617 -
Bath - 2 £475 - 5
Street - 2 £200 - 2
Risk Management
South West

Risk Management
Co-occurring Skills and Capabilities in Somerset 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:

Application Platforms
1 1 (14.29%) SharePoint
Applications
1 1 (14.29%) Microsoft Excel
1 1 (14.29%) Microsoft PowerPoint
1 1 (14.29%) Microsoft Project
1 1 (14.29%) MS Visio
Database & Business Intelligence
1 2 (28.57%) Data Vault
General
1 2 (28.57%) Banking
1 2 (28.57%) Finance
1 2 (28.57%) Manufacturing
2 1 (14.29%) Analytical Skills
2 1 (14.29%) Organisational Skills
2 1 (14.29%) Social Skills
Job Titles
1 2 (28.57%) Administrator
1 2 (28.57%) Analyst
1 2 (28.57%) Compliance Analyst
1 2 (28.57%) Data Administrator
1 2 (28.57%) Data Analyst
1 2 (28.57%) Data Compliance Analyst
1 2 (28.57%) IT Manager
1 2 (28.57%) IT Services Manager
1 2 (28.57%) Market Analyst
1 2 (28.57%) Market Data Administrator
1 2 (28.57%) Market Data Analyst
1 2 (28.57%) Market Data Support Analyst
1 2 (28.57%) Security Manager
1 2 (28.57%) Service Manager
1 2 (28.57%) Service Transition Manager
1 2 (28.57%) Support Analyst
1 2 (28.57%) Transition Manager
2 1 (14.29%) Lead
2 1 (14.29%) PMO Lead
Miscellaneous
1 1 (14.29%) Onboarding
Processes & Methodologies
1 3 (42.86%) ERP
1 3 (42.86%) Programme Management
2 2 (28.57%) Acceptance Criteria
2 2 (28.57%) Business Continuity
2 2 (28.57%) Change Management
2 2 (28.57%) Collaborative Working
2 2 (28.57%) Conflict Resolution
2 2 (28.57%) Critical Path Analysis
2 2 (28.57%) EAI
2 2 (28.57%) Indirect Procurement
2 2 (28.57%) Internal Audit
2 2 (28.57%) ITIL
2 2 (28.57%) Risk Assessment
2 2 (28.57%) Service Design
2 2 (28.57%) Service Management
2 2 (28.57%) SFIA
2 2 (28.57%) Thought Leadership
2 2 (28.57%) TOGAF
2 2 (28.57%) Work Breakdown Structure
2 2 (28.57%) Workflow
Qualifications
1 3 (42.86%) SC Cleared
1 3 (42.86%) Security Cleared
2 2 (28.57%) ISEB
Quality Assurance & Compliance
1 2 (28.57%) COBIT
2 1 (14.29%) PMO
Systems Management
1 2 (28.57%) Thomson Reuters DACS
Vendors
1 2 (28.57%) Bloomberg
1 2 (28.57%) Refinitiv
2 1 (14.29%) Microsoft