The table below looks at the statistics for the Actuary role in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Actuary in their job title over the 3 months to 29 January 2015 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 Jan 2015
Same period 2014 Same period 2013
Actuary
Rank 569 558 530
Rank change year-on-year
-11 -28
Contract jobs requiring an Actuary 2 1 1
As % of all contract IT jobs located in the UK 0.004% 0.002% 0.002%
As % of the Job Titles category 0.004% 0.002% 0.002%
Number of daily rates quoted 2 0 1
Average daily rate
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£405 - £800
UK excluding London average daily rate £405 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
46318 45203 42184
As % of all contract IT jobs located in the UK 92.45% 92.55% 92.88%
Number of daily rates quoted 29063 26904 23919
Average daily rate £400 £400 £378
Average daily rate % change year-on-year
- +5.82%
90% offered a daily rate of more than £240 £225 £230
10% offered a daily rate of more than £563 £575 £550
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 1785 1961 2473
Average hourly rate £16.50 £17.48 £18.50
Average hourly rate % change year-on-year
-5.57% -5.54%
90% offered a hourly rate of more than £11.00 £11.25 £10.50
10% offered a hourly rate of more than £40.00 £40.00 £40.00
UK excluding London average hourly rate £16.21 £16.50 £17.56
% change year-on-year
-1.78% -6.03%

Actuary
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Actuary in the job title within the UK as a proportion of the total demand within the Job Titles category.

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
Top 17 Related IT Skills

For the 6 months to 29 January 2015, IT contractor jobs within the UK that cited Actuary 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 Actuary in their job title.

1 4 (57.14%) Finance
2 3 (42.86%) Solvency II
2 3 (42.86%) Analytical Skills
3 1 (14.29%) Towers Watson Igloo
3 1 (14.29%) Coaching
3 1 (14.29%) SQL
3 1 (14.29%) VBA
3 1 (14.29%) MS Excel
3 1 (14.29%) SAS
3 1 (14.29%) Microsoft
3 1 (14.29%) Validation
3 1 (14.29%) Stakeholder Management
3 1 (14.29%) Risk Assessment
3 1 (14.29%) MS PowerPoint
3 1 (14.29%) IMAP
3 1 (14.29%) Mathematics
3 1 (14.29%) Spreadsheet

Actuary
Top Related IT Skills by Category

For the 6 months to 29 January 2015, IT contractor jobs within the UK that cited Actuary 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 Actuary in their job title. Up to 20 skills are shown per category.

Application Platforms
1 1 (14.29%) SAS
Applications
1 1 (14.29%) MS Excel
1 1 (14.29%) MS PowerPoint
1 1 (14.29%) Spreadsheet
Business Applications
1 1 (14.29%) Towers Watson Igloo
Communications & Networking
1 1 (14.29%) IMAP
General
1 4 (57.14%) Finance
Miscellaneous
1 3 (42.86%) Analytical Skills
2 1 (14.29%) Mathematics
Processes & Methodologies
1 1 (14.29%) Coaching
1 1 (14.29%) Validation
1 1 (14.29%) Stakeholder Management
1 1 (14.29%) Risk Assessment
Programming Languages
1 1 (14.29%) SQL
1 1 (14.29%) VBA
Quality Assurance & Compliance
1 3 (42.86%) Solvency II
Vendors
1 1 (14.29%) Microsoft
Bristol
Orgtel
Rate: £650 - £800 per day
Posted: Yesterday
Manchester
HFG
Rate: £700 - £800 per day
Posted: 13 days ago
Bristol
HFG
Rate: £600 - £800 per day
Posted: 13 days ago
Bristol
Orgtel
Rate: competitive
Posted: 14 days ago
Bristol
HFG
Rate: £600 - £800 per day
Posted: 15 days ago