The table below looks at the statistics for the Quantitative Analyst role in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Quantitative Analyst in their job title over the 3 months to 21 August 2014 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
21 Aug 2014
Same period 2013 Same period 2012
Quant Analyst
Rank 586 562 583
Rank change year-on-year
-24 +21
Contract jobs requiring a Quantitative Analyst 13 11 12
As % of all contract IT jobs located in the UK 0.023% 0.021% 0.021%
As % of the Job Titles category 0.025% 0.023% 0.022%
Number of daily rates quoted 12 10 11
Average daily rate
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£700 £688 £625
Average daily rate % change year-on-year
+1.85% +10.00%
90% offered a daily rate of more than £556 £521 £275
10% offered a daily rate of more than £750 £910 £800
UK excluding London average daily rate - £263 -
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
52000 48616 53775
As % of all contract IT jobs located in the UK 92.35% 92.66% 92.83%
Number of daily rates quoted 31509 28830 30178
Average daily rate £400 £400 £388
Average daily rate % change year-on-year
- +3.22%
90% offered a daily rate of more than £225 £233 £230
10% offered a daily rate of more than £550 £575 £558
UK excluding London average daily rate £350 £350 £340
% change year-on-year
- +2.94%
Number of hourly rates quoted 2002 2090 2663
Average hourly rate £17.00 £17.50 £19.00
Average hourly rate % change year-on-year
-2.85% -7.89%
90% offered a hourly rate of more than £10.50 £11.00 £11.50
10% offered a hourly rate of more than £39.08 £39.00 £41.50
UK excluding London average hourly rate £16.50 £17.00 £18.68
% change year-on-year
-2.94% -8.96%

Quantitative Analyst
Jobs Demand Trend

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

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 21 August 2014.

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 4 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Quantitative Analyst within the UK over the 3 months to 21 August 2014. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +9 13 £700 -3.41% 10
England -13 13 £700 +1.85% 10
City of London +29 3 £701 -5.97% 3
Canary Wharf - - - -

Quantitative Analyst
Top 30 Related IT Skills

For the 6 months to 21 August 2014, IT contractor jobs within the UK that cited Quantitative Analyst 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 Quantitative Analyst in their job title.

1 32 (74.42%) C++
2 24 (55.81%) Finance
3 23 (53.49%) Analytics
4 17 (39.53%) PhD
4 17 (39.53%) Mathematics
5 16 (37.21%) VBA
6 14 (32.56%) SQL
6 14 (32.56%) Front Office
7 13 (30.23%) C#
7 13 (30.23%) Risk Management
7 13 (30.23%) Degree
8 11 (25.58%) Derivative
9 10 (23.26%) Physics
10 9 (20.93%) Stress Testing
11 7 (16.28%) Java
11 7 (16.28%) Python
11 7 (16.28%) Validation
11 7 (16.28%) Fixed Income
11 7 (16.28%) Economics
11 7 (16.28%) Computer Science
11 7 (16.28%) Quantitative Analysis
11 7 (16.28%) Market Risk
12 6 (13.95%) MBA
12 6 (13.95%) Statistical Analysis
12 6 (13.95%) Statistics
12 6 (13.95%) R
13 5 (11.63%) Banking
13 5 (11.63%) Monte Carlo Method
14 4 (9.30%) Foreign Exchange (FX)
14 4 (9.30%) Econometrics

Quantitative Analyst
Top Related IT Skills by Category

For the 6 months to 21 August 2014, IT contractor jobs within the UK that cited Quantitative Analyst 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 Quantitative Analyst in their job title. Up to 20 skills are shown per category.

Applications
1 1 (2.33%) MS Visio
1 1 (2.33%) S-PLUS
1 1 (2.33%) MS PowerPoint
1 1 (2.33%) Spreadsheet
1 1 (2.33%) LaTeX
Business Applications
1 3 (6.98%) Summit
Development Applications
1 1 (2.33%) Selenium
1 1 (2.33%) Cucumber
General
1 24 (55.81%) Finance
2 14 (32.56%) Front Office
3 5 (11.63%) Banking
4 4 (9.30%) Investment Banking
Libraries, Frameworks & Software Standards
1 1 (2.33%) .NET
Miscellaneous
1 17 (39.53%) Mathematics
2 11 (25.58%) Derivative
3 10 (23.26%) Physics
4 7 (16.28%) Computer Science
4 7 (16.28%) Fixed Income
4 7 (16.28%) Economics
4 7 (16.28%) Market Risk
5 6 (13.95%) Statistics
6 4 (9.30%) Foreign Exchange (FX)
7 3 (6.98%) Equities
8 2 (4.65%) Credit Risk
9 1 (2.33%) Hedge funds
9 1 (2.33%) Equity Derivative
Operating Systems
1 2 (4.65%) UNIX
2 1 (2.33%) Windows
2 1 (2.33%) Linux
Processes & Methodologies
1 23 (53.49%) Analytics
2 13 (30.23%) Risk Management
3 9 (20.93%) Stress Testing
4 7 (16.28%) Quantitative Analysis
4 7 (16.28%) Validation
5 6 (13.95%) Statistical Analysis
6 5 (11.63%) Monte Carlo Method
7 4 (9.30%) Greeks
7 4 (9.30%) Econometrics
7 4 (9.30%) Probability Theory
7 4 (9.30%) Stochastic Calculus
7 4 (9.30%) Risk Analytics
8 3 (6.98%) Scrum
9 2 (4.65%) Stakeholder Engagement
9 2 (4.65%) Continuous Improvement
9 2 (4.65%) Financial Modelling
10 1 (2.33%) Time Series Analysis
10 1 (2.33%) User Stories
10 1 (2.33%) Regression Analysis
10 1 (2.33%) Manual Testing
Programming Languages
1 32 (74.42%) C++
2 16 (37.21%) VBA
3 14 (32.56%) SQL
4 13 (30.23%) C#
5 7 (16.28%) Java
5 7 (16.28%) Python
6 6 (13.95%) R
7 3 (6.98%) MATLAB
8 2 (4.65%) Perl
9 1 (2.33%) Ruby
Qualifications
1 17 (39.53%) PhD
2 13 (30.23%) Degree
3 6 (13.95%) MBA
4 1 (2.33%) ISEB
Quality Assurance & Compliance
1 2 (4.65%) Basel III
1 2 (4.65%) CRD IV
1 2 (4.65%) Dodd-Frank
2 1 (2.33%) Solvency II
2 1 (2.33%) Basel II
2 1 (2.33%) QA
London
Huxley Associates
Rate: £250 - £350 per day
Posted: 17 days ago