The statistics below represent IT contracts advertised across the UK that had Insurance Business Analyst featuring in the job title. Included is a guide to the contractor rates offered over the 3 months to 26 May 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
26 May 2016
Same period 2015 Same period 2014
Business Analyst - Insurance
Rank 513 476 484
Rank change year-on-year
-37 +8
Contract jobs requiring an Insurance Business Analyst 135 151 131
As % of all contract IT jobs located in the UK 0.25% 0.28% 0.25%
As % of the Job Titles category 0.27% 0.29% 0.26%
Number of daily rates quoted 118 128 102
Median daily rate £500 £475 £429
Median daily rate % change year-on-year
+5.26% +10.78%
90% offered a daily rate of more than £371 £375 £375
10% offered a daily rate of more than £550 £550 £500
UK excluding London median daily rate £475 £398 £400
% change year-on-year
+19.34% -0.50%
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
50931 51412 49753
As % of all contract IT jobs located in the UK 94.75% 94.74% 94.45%
Number of daily rates quoted 33245 31720 30748
Median daily rate £425 £400 £393
Median daily rate % change year-on-year
+6.25% +1.91%
90% offered a daily rate of more than £260 £250 £225
10% offered a daily rate of more than £600 £570 £550
UK excluding London median daily rate £400 £375 £350
% change year-on-year
+6.66% +7.14%
Number of hourly rates quoted 1466 2048 2093
Median hourly rate £18.00 £16.83 £17.00
Median hourly rate % change year-on-year
+6.98% -1.02%
90% offered a hourly rate of more than £11.00 £11.00 £10.50
10% offered a hourly rate of more than £43.57 £40.15 £39.50
UK excluding London median hourly rate £17.50 £16.00 £16.50
% change year-on-year
+9.37% -3.03%

Insurance Business Analyst
Jobs Demand Trend

The demand trend of IT contracts that featured Insurance Business Analyst in the job title.

Insurance Business Analyst Jobs Demand Trend in the UK

Insurance Business Analyst
Daily Rate Trend

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

Insurance Business Analyst Daily Rate Trend in the UK

Insurance Business Analyst
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Insurance Business Analyst within the UK over the 3 months to 26 May 2016.

Insurance Business Analyst Daily Rate Histogram in the UK

Insurance Business Analyst
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Insurance Business Analyst within the UK.

Insurance Business Analyst Hourly Rate Trend in the UK

Insurance Business Analyst
Top 30 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Insurance Business Analyst within the UK over the 3 months to 26 May 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 -22 133 £500 +5.26% 11
London -23 90 £500 - 10
City of London +27 29 £513 +7.89% 7
East of England +22 18 £475 +6.74%
Suffolk +10 11 £475 -5.00%
Ipswich +10 9 £475 -5.00%
South West -10 7 £360 -15.29%
South East -17 7 £475 +22.58%
Birmingham +4 6 £500 +11.11%
West Midlands -1 6 £500 +11.11%
Bristol -4 4 £342 -13.63%
Essex -5 4 £506 +13.76%
Croydon -10 4 £485 +16.86%
Manchester -12 4 £358 -1.31% 1
North West -21 4 £358 -1.31% 1
Bournemouth -8 3 £463 +8.82%
Dorset -10 3 £463 +9.79%
Kent - 3 - -
Surrey -6 2 £475 -13.63%
Edinburgh -11 2 £387 +13.08% 1
Colchester -12 2 £506 +13.76%
Scotland -15 2 £387 +13.08% 1
Norfolk - 2 £450 -
Norwich - 2 £450 -
Guildford - 2 £475 -
Chelmsford +10 1 £620 +30.52%
Yorkshire +4 1 - -
Hampshire -4 1 £460 +36.29%
Berkshire -4 1 £475 +5.55%
Reading -4 1 £475 +5.55%

Insurance Business Analyst Skill Set
Top 30 Related IT Skills

For the 6 months to 26 May 2016, Insurance Business Analyst 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 Insurance Business Analyst in the job title.

1 83 (30.86%) Finance
2 82 (30.48%) Business Analysis
3 60 (22.30%) Stakeholder Management
4 50 (18.59%) Agile Software Development
5 28 (10.41%) Analytical Skills
6 25 (9.29%) Project Management
7 20 (7.43%) User Acceptance Testing
8 19 (7.06%) Solvency II
9 17 (6.32%) Process Improvement
9 17 (6.32%) Reinsurance
9 17 (6.32%) Data Analysis
10 15 (5.58%) ISEB
11 14 (5.20%) Guidewire
11 14 (5.20%) Waterfall
12 13 (4.83%) SQL
13 12 (4.46%) Data Warehouse
13 12 (4.46%) GAP Analysis
14 11 (4.09%) Business Intelligence
14 11 (4.09%) Use Case
15 10 (3.72%) Data Mapping
16 9 (3.35%) Migration
16 9 (3.35%) Scrum
16 9 (3.35%) Banking
17 8 (2.97%) Change Management
17 8 (2.97%) Data Modelling
17 8 (2.97%) User Stories
17 8 (2.97%) Target Operating Model
18 7 (2.60%) SDLC
18 7 (2.60%) Relational Database
18 7 (2.60%) Workflow

Insurance Business Analyst 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:

Application Platforms
1 3 (1.12%) Documentum
2 2 (0.74%) Confluence
3 1 (0.37%) Alfresco
3 1 (0.37%) CMS
3 1 (0.37%) Liferay
3 1 (0.37%) SharePoint
3 1 (0.37%) SharePoint 2010
Applications
1 5 (1.86%) MS Office
1 5 (1.86%) MS Visio
2 4 (1.49%) MS Excel
3 3 (1.12%) MS PowerPoint
3 3 (1.12%) Spreadsheet
Business Applications
1 5 (1.86%) RiskWrite
2 1 (0.37%) Markit EDM
Communications & Networking
1 3 (1.12%) Skype
2 1 (0.37%) IMAP
Database & Business Intelligence
1 12 (4.46%) Data Warehouse
2 7 (2.60%) Relational Database
3 3 (1.12%) Data Mining
4 2 (0.74%) SAP BI
5 1 (0.37%) Datazen
5 1 (0.37%) Enterprise Data Warehouse
5 1 (0.37%) QlikView
5 1 (0.37%) Spotfire
5 1 (0.37%) SQL Server
Development Applications
1 4 (1.49%) JIRA
2 3 (1.12%) Team Foundation Server
3 1 (0.37%) Eclipse
General
1 83 (30.86%) Finance
2 9 (3.35%) Banking
3 6 (2.23%) Legal
4 4 (1.49%) General Ledger
4 4 (1.49%) Retail
5 3 (1.12%) Telecoms
6 2 (0.74%) Back Office
6 2 (0.74%) French Language
6 2 (0.74%) Spanish Language
7 1 (0.37%) Advertising
7 1 (0.37%) Front Office
7 1 (0.37%) German Language
7 1 (0.37%) Marketing
7 1 (0.37%) Retail Banking
Libraries, Frameworks & Software Standards
1 1 (0.37%) Natural Language Processing
1 1 (0.37%) XML
Miscellaneous
1 28 (10.41%) Analytical Skills
2 17 (6.32%) Reinsurance
3 4 (1.49%) Data Integration
3 4 (1.49%) iPad
4 3 (1.12%) Data Structures
4 3 (1.12%) Derivative
4 3 (1.12%) Management Information System
4 3 (1.12%) Reference Data
4 3 (1.12%) Robotics
5 1 (0.37%) Credit Risk
5 1 (0.37%) Mathematics
5 1 (0.37%) OTC Derivatives
5 1 (0.37%) Pricing Data
5 1 (0.37%) Taxonomies
5 1 (0.37%) User Experience
5 1 (0.37%) Visualisation
5 1 (0.37%) Wiki
Processes & Methodologies
1 82 (30.48%) Business Analysis
2 60 (22.30%) Stakeholder Management
3 50 (18.59%) Agile Software Development
4 25 (9.29%) Project Management
5 20 (7.43%) User Acceptance Testing
6 17 (6.32%) Data Analysis
6 17 (6.32%) Process Improvement
7 14 (5.20%) Waterfall
8 12 (4.46%) GAP Analysis
9 11 (4.09%) Business Intelligence
9 11 (4.09%) Use Case
10 10 (3.72%) Data Mapping
11 9 (3.35%) Migration
11 9 (3.35%) Scrum
12 8 (2.97%) Change Management
12 8 (2.97%) Data Modelling
12 8 (2.97%) Target Operating Model
12 8 (2.97%) User Stories
13 7 (2.60%) SDLC
13 7 (2.60%) Workflow
Programming Languages
1 13 (4.83%) SQL
2 3 (1.12%) C
3 1 (0.37%) T-SQL
Qualifications
1 15 (5.58%) ISEB
2 7 (2.60%) ACCA
2 7 (2.60%) CIMA
3 3 (1.12%) Degree
4 1 (0.37%) ISEB Practitioner
4 1 (0.37%) PMI Certification
4 1 (0.37%) PMP
Quality Assurance & Compliance
1 19 (7.06%) Solvency II
2 6 (2.23%) GAAP
3 4 (1.49%) QA
4 2 (0.74%) Data Quality
Vendors
1 14 (5.20%) Guidewire
2 5 (1.86%) Microsoft
3 4 (1.49%) Kofax
4 3 (1.12%) Blue Prism
4 3 (1.12%) Interwoven
4 3 (1.12%) SAP
4 3 (1.12%) Thunderhead
5 2 (0.74%) Adobe
6 1 (0.37%) Bloomberg
6 1 (0.37%) MicroStrategy
6 1 (0.37%) MuleSoft
6 1 (0.37%) Salesforce.com
6 1 (0.37%) Tableau
6 1 (0.37%) Teradata
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Rate: £400 - £450 per day
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Posted: 3 days ago
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Rate: £288.64 - £414.92 per day
Posted: 2 days ago
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Rate: £250 - £300 per day
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