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 22 February 2017 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
22 Feb 2017
Same period 2016 Same period 2015
Actuary
UK
Rank 592 - 614
Rank change year-on-year
- 0
Contract jobs requiring an Actuary 2 0 2
As % of all contract IT jobs located in the UK 0.004% - 0.004%
As % of the Job Titles category 0.005% - 0.004%
Number of daily rates quoted 2 0 2
Median daily rate £688 - £580
90% offered a daily rate of more than £618 - £444
10% offered a daily rate of more than £758 - £716
UK excluding London median daily rate £775 - £580
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
42966 49399 48939
As % of all contract IT jobs located in the UK 94.73% 94.99% 94.80%
Number of daily rates quoted 28025 31812 30247
Median daily rate £425 £415 £400
Median daily rate % change year-on-year
+2.40% +3.75%
90% offered a daily rate of more than £250 £260 £240
10% offered a daily rate of more than £600 £575 £563
UK excluding London median daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 1562 1656 1895
Median hourly rate £18.50 £17.50 £17.50
Median hourly rate % change year-on-year
+5.71% -
90% offered a hourly rate of more than £11.17 £11.00 £11.00
10% offered a hourly rate of more than £47.00 £50.00 £40.60
UK excluding London median hourly rate £17.50 £18.00 £16.75
% change year-on-year
-2.77% +7.46%

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 22 February 2017.

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 22 February 2017. 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 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 - 2 £688 - 1
London - 1 £600 -
Buckinghamshire - 1 £775 -
South East - 1 £775 - 1

Actuary Skill Set
Top 26 Related IT Skills

For the 6 months to 22 February 2017, 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%) Towers Watson Igloo
2 2 (28.57%) Analytical Skills
2 2 (28.57%) Reinsurance
3 1 (14.29%) IFRS
3 1 (14.29%) Algorithms
3 1 (14.29%) Validation
3 1 (14.29%) Econometrics
3 1 (14.29%) Statistics
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%) Java
3 1 (14.29%) Mathematics
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
3 1 (14.29%) Solvency II
3 1 (14.29%) MoSes
3 1 (14.29%) Stochastic Modelling

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
2 1 (14.29%) Algorithms
Processes & Methodologies
1 1 (14.29%) Black-Scholes
1 1 (14.29%) Econometrics
1 1 (14.29%) Financial Modelling
1 1 (14.29%) Mathematics
1 1 (14.29%) Monte Carlo Method
1 1 (14.29%) Risk Management
1 1 (14.29%) Statistics
1 1 (14.29%) Stochastic Calculus
1 1 (14.29%) Stochastic Modelling
1 1 (14.29%) Validation
Programming Languages
1 3 (42.86%) VBA
2 1 (14.29%) C#
2 1 (14.29%) C++
2 1 (14.29%) Java
Quality Assurance & Compliance
1 1 (14.29%) IFRS
1 1 (14.29%) Solvency II