The statistics below represent IT contracts advertised across the UK that had Quantitative Analyst featuring in the job title. Included is a guide to the contractor rates offered over the 3 months to 7 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
7 Dec 2016
Same period 2015 Same period 2014
Quant Analyst
Rank 605 608 611
Rank change year-on-year
+3 +3
Contract jobs requiring a Quantitative Analyst 25 36 20
As % of all contract IT jobs located in the UK 0.050% 0.065% 0.035%
As % of the Job Titles category 0.053% 0.069% 0.038%
Number of daily rates quoted 23 34 19
Median daily rate £725 £625 £625
Median daily rate % change year-on-year
+16.00% -
90% offered a daily rate of more than £600 £500 £560
10% offered a daily rate of more than £850 £725 £850
UK excluding London median daily rate - - £625
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
47154 52548 52697
As % of all contract IT jobs located in the UK 94.59% 94.79% 93.30%
Number of daily rates quoted 30883 33471 33311
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 £580 £575
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 1660 2050 2167
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 £43.00 £37.00
UK excluding London median hourly rate £16.50 £17.00 £15.85
% change year-on-year
-2.94% +7.25%

Quantitative Analyst
Jobs Demand Trend

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

Quantitative Analyst Jobs Demand Trend in the UK

Quantitative Analyst
Daily Rate Trend

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

Quantitative Analyst Daily Rate Trend in the UK

Quantitative Analyst
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Analyst within the UK over the 3 months to 7 December 2016.

Quantitative Analyst Daily Rate Histogram in the UK

Quantitative Analyst
Hourly Rate Trend

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

Quantitative Analyst Hourly Rate Trend in the UK

Quantitative Analyst
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Analyst within the UK over the 3 months to 7 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 +13 25 £725 +16.00% 3
London -8 25 £725 +16.00% 3
City of London +1 1 £575 -17.85% 1

Quantitative Analyst Skill Set
Top 30 Related IT Skills

For the 6 months to 7 December 2016, Quantitative 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 Quantitative Analyst in the job title.

1 31 (51.67%) Finance
2 26 (43.33%) C#
3 25 (41.67%) C++
4 21 (35.00%) Front Office
4 21 (35.00%) Quantitative Finance
5 19 (31.67%) Derivative
5 19 (31.67%) Validation
6 18 (30.00%) Market Risk
7 17 (28.33%) Risk Management
8 16 (26.67%) Mathematics
9 14 (23.33%) Monte Carlo Method
10 13 (21.67%) PhD
10 13 (21.67%) Analytics
11 12 (20.00%) Degree
12 10 (16.67%) Credit Risk
12 10 (16.67%) Python
12 10 (16.67%) Banking
12 10 (16.67%) Retail
13 9 (15.00%) Credit Derivative
13 9 (15.00%) SQL
13 9 (15.00%) Foreign Exchange (FX)
13 9 (15.00%) Stress Testing
14 8 (13.33%) Statistics
14 8 (13.33%) Fixed Income
15 7 (11.67%) Java
15 7 (11.67%) Physics
16 6 (10.00%) LaTeX
16 6 (10.00%) R
16 6 (10.00%) Grid Computing
16 6 (10.00%) Investment Banking

Quantitative 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 2 (3.33%) SAS
Applications
1 6 (10.00%) LaTeX
2 3 (5.00%) Doxygen
3 1 (1.67%) MS Excel
Database & Business Intelligence
1 1 (1.67%) MS Access
Development Applications
1 1 (1.67%) JIRA
1 1 (1.67%) TeamCity
General
1 31 (51.67%) Finance
2 21 (35.00%) Front Office
3 10 (16.67%) Banking
3 10 (16.67%) Retail
4 6 (10.00%) Investment Banking
5 2 (3.33%) Financial Institution
6 1 (1.67%) Back Office
6 1 (1.67%) French Language
Libraries, Frameworks & Software Standards
1 2 (3.33%) FpML
2 1 (1.67%) XML
Miscellaneous
1 19 (31.67%) Derivative
2 18 (30.00%) Market Risk
3 16 (26.67%) Mathematics
4 10 (16.67%) Credit Risk
5 9 (15.00%) Credit Derivative
5 9 (15.00%) Foreign Exchange (FX)
6 8 (13.33%) Fixed Income
6 8 (13.33%) Statistics
7 7 (11.67%) Physics
8 6 (10.00%) Grid Computing
9 4 (6.67%) Computer Science
10 3 (5.00%) Fintech
11 2 (3.33%) Algorithms
11 2 (3.33%) Economics
11 2 (3.33%) Equities
11 2 (3.33%) OTC Derivatives
11 2 (3.33%) Wiki
12 1 (1.67%) Analytical Skills
12 1 (1.67%) Equity Risk
12 1 (1.67%) Interest Rate Derivative
Operating Systems
1 2 (3.33%) Linux
1 2 (3.33%) Windows
Processes & Methodologies
1 21 (35.00%) Quantitative Finance
2 19 (31.67%) Validation
3 17 (28.33%) Risk Management
4 14 (23.33%) Monte Carlo Method
5 13 (21.67%) Analytics
6 9 (15.00%) Stress Testing
7 5 (8.33%) Performance Optimisation
7 5 (8.33%) Statistical Analysis
7 5 (8.33%) Stochastic Modelling
8 4 (6.67%) Continuous Integration
8 4 (6.67%) Credit Risk Modelling
8 4 (6.67%) Risk Analytics
8 4 (6.67%) Stochastic Calculus
9 3 (5.00%) Business Analysis
9 3 (5.00%) Migration
9 3 (5.00%) OO
9 3 (5.00%) OOP
10 2 (3.33%) Change Management
10 2 (3.33%) Regression Analysis
11 1 (1.67%) Open Source
Programming Languages
1 26 (43.33%) C#
2 25 (41.67%) C++
3 10 (16.67%) Python
4 9 (15.00%) SQL
5 7 (11.67%) Java
6 6 (10.00%) R
7 3 (5.00%) VBA
8 2 (3.33%) Ada
8 2 (3.33%) MATLAB
Qualifications
1 13 (21.67%) PhD
2 12 (20.00%) Degree
Quality Assurance & Compliance
1 4 (6.67%) QA
2 1 (1.67%) Basel II
Vendors
1 1 (1.67%) Oracle