Analytical Modelling Contracts

Analytical Modelling
UK

The table below provides summary statistics for contract job vacancies requiring Analytical Modelling skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Analytical Modelling over the 6 months leading up to 13 June 2024, comparing them to the same period in the previous two years.

6 months to
13 Jun 2024
Same period 2023 Same period 2022
Rank 547 672 809
Rank change year-on-year +125 +137 -125
Contract jobs citing Analytical Modelling 37 25 39
As % of all contract jobs advertised in the UK 0.085% 0.045% 0.045%
As % of the Processes & Methodologies category 0.100% 0.050% 0.049%
Number of daily rates quoted 18 8 15
10th Percentile £434 £468 £435
25th Percentile £448 £480 £469
Median daily rate (50th Percentile) £550 £588 £510
Median % change year-on-year -6.38% +15.20% -7.27%
75th Percentile £950 £660 £534
90th Percentile £995 £720 £580
UK excluding London median daily rate £500 £488 £482
% change year-on-year +2.56% +1.14% +8.31%
Number of hourly rates quoted 1 0 0
10th Percentile - - -
25th Percentile £46.75 - -
Median hourly rate £48.50 - -
75th Percentile £50.25 - -
90th Percentile - - -
UK excluding London median hourly rate - - -

All Process and Methodology Skills
UK

Analytical Modelling falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,178 49,770 79,013
As % of all contract IT jobs advertised in the UK 85.13% 89.61% 90.64%
Number of daily rates quoted 23,737 34,458 55,587
10th Percentile £300 £325 £350
25th Percentile £413 £438 £436
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £650
90th Percentile £750 £750 £743
UK excluding London median daily rate £500 £500 £490
% change year-on-year - +2.04% +8.89%
Number of hourly rates quoted 2,579 1,678 1,852
10th Percentile £12.75 £10.96 £12.50
25th Percentile £16.00 £15.75 £15.90
Median hourly rate £37.00 £35.65 £26.00
Median % change year-on-year +3.79% +37.12% +13.04%
75th Percentile £61.28 £65.00 £50.15
90th Percentile £72.50 £75.00 £65.25
UK excluding London median hourly rate £38.12 £34.90 £21.00
% change year-on-year +9.23% +66.18% -

Analytical Modelling
Job Vacancy Trend

Job postings citing Analytical Modelling as a proportion of all IT jobs advertised.

Job vacancy trend for Analytical Modelling in the UK

Analytical Modelling
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Analytical Modelling.

Daily rate trend for Analytical Modelling in the UK

Analytical Modelling
Daily Rate Histogram

Daily rate distribution for jobs citing Analytical Modelling over the 6 months to 13 June 2024.

Daily rate histogram for Analytical Modelling in the UK

Analytical Modelling
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Analytical Modelling.

Hourly rate trend for Analytical Modelling in the UK

Analytical Modelling
Top 9 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Analytical Modelling within the UK over the 6 months to 13 June 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
England +99 34 £550 -15.71% 31
London +85 21 £650 -0.76% 16
Work from Home +124 18 £900 +77.78% 9
UK excluding London +38 13 £500 +2.56% 13
South East - 10 £500 - 4
North of England +18 2 £425 - 3
East of England +5 1 £600 +14.29% 1
North East - 1 - -
North West - 1 £425 - 1

Analytical Modelling
Co-occurring Skills and Capabilities 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 3 (8.11%) Appian
1 3 (8.11%) Confluence
2 2 (5.41%) Apache Spark
3 1 (2.70%) Apache
Applications
1 6 (16.22%) Microsoft Excel
2 4 (10.81%) Simulink
3 3 (8.11%) SPSS
Business Applications
1 1 (2.70%) Cloudability
Cloud Services
1 6 (16.22%) Power Platform
2 4 (10.81%) AWS
3 3 (8.11%) Azure
3 3 (8.11%) Microsoft 365
4 2 (5.41%) GCP
4 2 (5.41%) GitHub
5 1 (2.70%) Azure Cosmos DB
5 1 (2.70%) Azure Data Factory
5 1 (2.70%) Cloud Computing
5 1 (2.70%) dbt
5 1 (2.70%) GitHub Actions
5 1 (2.70%) Google Analytics
5 1 (2.70%) Serverless
Database & Business Intelligence
1 6 (16.22%) Data Warehouse
1 6 (16.22%) Power BI
2 5 (13.51%) Power Query
3 4 (10.81%) NoSQL
3 4 (10.81%) Relational Database
4 3 (8.11%) BusinessObjects XI
4 3 (8.11%) Data Lake
4 3 (8.11%) PowerPivot
4 3 (8.11%) RDBMS
4 3 (8.11%) SQL Server
4 3 (8.11%) Tableau
5 2 (5.41%) Metadata
5 2 (5.41%) Microsoft Analysis Services
5 2 (5.41%) SQL Server Analysis Services
6 1 (2.70%) Amazon Athena
6 1 (2.70%) Apache Cassandra
6 1 (2.70%) Delta Lake
6 1 (2.70%) MongoDB
6 1 (2.70%) Neo4j
6 1 (2.70%) QlikView
Development Applications
1 4 (10.81%) JIRA
2 3 (8.11%) Git
3 2 (5.41%) ER Studio
3 2 (5.41%) ERwin
4 1 (2.70%) git-flow
4 1 (2.70%) PyCharm
4 1 (2.70%) Team Foundation Server
General
1 29 (78.38%) Analytical Skills
2 13 (35.14%) Finance
2 13 (35.14%) Social Skills
3 4 (10.81%) Aerospace
4 3 (8.11%) Local Government
5 2 (5.41%) Presentation Skills
6 1 (2.70%) Banking
6 1 (2.70%) Billing
6 1 (2.70%) Public Sector
Job Titles
1 12 (32.43%) Analyst
2 6 (16.22%) Developer
2 6 (16.22%) Senior
3 5 (13.51%) Support Engineer
4 4 (10.81%) Credit Analyst
4 4 (10.81%) Data Engineer
4 4 (10.81%) Qualitative Analyst
4 4 (10.81%) Quantitative Analyst
4 4 (10.81%) Systems Support Engineer
5 3 (8.11%) Lead
5 3 (8.11%) Senior Analyst
6 2 (5.41%) Data Analyst
6 2 (5.41%) Data Modeller
6 2 (5.41%) IT Engineer
6 2 (5.41%) IT Support Engineer
6 2 (5.41%) Quantitative Developer
6 2 (5.41%) Report Developer
6 2 (5.41%) Support Analyst
6 2 (5.41%) Systems Engineer
6 2 (5.41%) Systems Support
Libraries, Frameworks & Software Standards
1 1 (2.70%) D3.js
1 1 (2.70%) Node.js
1 1 (2.70%) Prisma
1 1 (2.70%) PyTorch
1 1 (2.70%) React
1 1 (2.70%) scikit-learn
1 1 (2.70%) Shiny
1 1 (2.70%) TensorFlow
Miscellaneous
1 8 (21.62%) Analytical Mindset
2 6 (16.22%) Credit Derivative
2 6 (16.22%) Derivative
3 4 (10.81%) Hedge funds
4 3 (8.11%) Algorithms
4 3 (8.11%) Linked Data
5 1 (2.70%) Data Structures
5 1 (2.70%) Reference Data
Operating Systems
1 1 (2.70%) Linux
1 1 (2.70%) Unix
Processes & Methodologies
1 12 (32.43%) Problem-Solving
1 12 (32.43%) Visualisation
2 11 (29.73%) Physics
3 9 (24.32%) Data Analysis
3 9 (24.32%) Data Modelling
3 9 (24.32%) Data Visualisation
3 9 (24.32%) Mathematics
4 8 (21.62%) Statistics
4 8 (21.62%) Workflow
5 7 (18.92%) Decision-Making
6 6 (16.22%) Customer Experience
6 6 (16.22%) Model Validation
6 6 (16.22%) Quantitative Finance
7 4 (10.81%) Agile
7 4 (10.81%) Collaborative Working
7 4 (10.81%) Continuous Improvement
7 4 (10.81%) Systems Analysis
7 4 (10.81%) Systems Engineering
7 4 (10.81%) Threat Modelling
7 4 (10.81%) User Experience
Programming Languages
1 16 (43.24%) SQL
2 14 (37.84%) Python
3 7 (18.92%) R
4 6 (16.22%) C++
5 4 (10.81%) MATLAB
6 2 (5.41%) Data Analysis Expressions
7 1 (2.70%) C#
7 1 (2.70%) Gremlin
7 1 (2.70%) JavaScript
7 1 (2.70%) Scala
7 1 (2.70%) TypeScript
Qualifications
1 13 (35.14%) Degree
2 7 (18.92%) Numerate Degree
3 5 (13.51%) SC Cleared
3 5 (13.51%) Security Cleared
4 2 (5.41%) ACCA
4 2 (5.41%) CIMA
Quality Assurance & Compliance
1 4 (10.81%) QA
2 3 (8.11%) Data Quality
System Software
1 1 (2.70%) Docker
Systems Management
1 1 (2.70%) Ganglia
1 1 (2.70%) Terraform
Vendors
1 3 (8.11%) Microsoft
1 3 (8.11%) Salesforce
1 3 (8.11%) ServiceNow
2 1 (2.70%) Databricks
2 1 (2.70%) Google
2 1 (2.70%) Informatica
2 1 (2.70%) Oracle