The statistics below represent IT contracts advertised across the UK that had Actuary featuring in the job title. Included is a guide to the contractor rates offered over the 3 months to 9 December 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
9 Dec 2016
Same period 2015 Same period 2014
Actuary
Rank 616 - 630
Rank change year-on-year
- 0
Contract jobs requiring an Actuary 5 0 7
As % of all contract IT jobs located in the UK 0.010% - 0.012%
As % of the Job Titles category 0.011% - 0.013%
Number of daily rates quoted 3 0 7
Median daily rate £700 - £445
90% offered a daily rate of more than £480 - £377
10% offered a daily rate of more than £740 - £768
UK excluding London median daily rate £563 - £428
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised across the UK. 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
UK
Contract IT job ads with a match in the
Job Titles category
46860 52217 52769
As % of all contract IT jobs located in the UK 94.53% 94.73% 93.56%
Number of daily rates quoted 30653 33283 33387
Median daily rate £425 £413 £400
Median daily rate % change year-on-year
+3.03% +3.12%
90% offered a daily rate of more than £250 £260 £225
10% offered a daily rate of more than £600 £588 £575
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 1648 2021 2181
Median hourly rate £16.50 £17.00 £16.00
Median hourly rate % change year-on-year
-2.94% +6.25%
90% offered a hourly rate of more than £11.00 £10.50 £10.50
10% offered a hourly rate of more than £44.00 £43.50 £37.50
UK excluding London median hourly rate £16.50 £17.00 £16.00
% change year-on-year
-2.94% +6.25%

Actuary
Jobs Demand Trend

The demand trend of IT contracts that featured Actuary in the job title.

Actuary Jobs Demand Trend in the UK

Actuary
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Actuary within the UK.

Actuary Daily Rate Trend in the UK

Actuary
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Actuary within the UK over the 3 months to 9 December 2016.

Actuary Daily Rate Histogram in the UK

Actuary
Top 4 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Actuary within the UK over the 3 months to 9 December 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
England - 4 £725 - 1
South West - 3 £700 -
Bristol - 1 £700 -
London - 1 £750 - 1

Actuary Skill Set
Top 19 Related IT Skills

For the 6 months to 9 December 2016, Actuary 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 featuring Actuary in the job title.

1 3 (42.86%) VBA
1 3 (42.86%) IMAP
2 2 (28.57%) Finance
2 2 (28.57%) Solvency II
2 2 (28.57%) Analytical Skills
2 2 (28.57%) Reinsurance
2 2 (28.57%) Towers Watson Igloo
3 1 (14.29%) Front Office
3 1 (14.29%) Back Office
3 1 (14.29%) Risk Management
3 1 (14.29%) MS Excel
3 1 (14.29%) C#
3 1 (14.29%) C++
3 1 (14.29%) MoSes
3 1 (14.29%) Stochastic Modelling
3 1 (14.29%) Stochastic Calculus
3 1 (14.29%) Financial Modelling
3 1 (14.29%) Monte Carlo Method
3 1 (14.29%) Black-Scholes

Actuary Skill Set
Top Related IT Skills 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:

Applications
1 1 (14.29%) MS Excel
Business Applications
1 2 (28.57%) Towers Watson Igloo
2 1 (14.29%) MoSes
Communications & Networking
1 3 (42.86%) IMAP
General
1 2 (28.57%) Finance
2 1 (14.29%) Back Office
2 1 (14.29%) Front Office
Miscellaneous
1 2 (28.57%) Analytical Skills
1 2 (28.57%) Reinsurance
Processes & Methodologies
1 1 (14.29%) Black-Scholes
1 1 (14.29%) Financial Modelling
1 1 (14.29%) Monte Carlo Method
1 1 (14.29%) Risk Management
1 1 (14.29%) Stochastic Calculus
1 1 (14.29%) Stochastic Modelling
Programming Languages
1 3 (42.86%) VBA
2 1 (14.29%) C#
2 1 (14.29%) C++
Quality Assurance & Compliance
1 2 (28.57%) Solvency II
City, London
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