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 27 April 2015 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
27 Apr 2015
Same period 2014 Same period 2013
Quant Analyst
Rank 578 568 526
Rank change year-on-year
-10 -42
Contract jobs requiring a Quantitative Analyst 19 31 16
As % of all contract IT jobs located in the UK 0.034% 0.057% 0.034%
As % of the Job Titles category 0.037% 0.062% 0.036%
Number of daily rates quoted 18 27 16
Average daily rate
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£658 £650 £575
Average daily rate % change year-on-year
+1.15% +13.04%
90% offered a daily rate of more than £403 £425 £513
10% offered a daily rate of more than £750 £720 £700
UK excluding London average daily rate - £425 -
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
51405 50272 44109
As % of all contract IT jobs located in the UK 92.35% 92.27% 92.47%
Number of daily rates quoted 31215 30675 25226
Average daily rate £400 £390 £400
Average daily rate % change year-on-year
+2.56% -2.50%
90% offered a daily rate of more than £250 £230 £238
10% offered a daily rate of more than £560 £550 £575
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 2022 1987 2178
Average hourly rate £17.45 £17.50 £18.00
Average hourly rate % change year-on-year
-0.28% -2.77%
90% offered a hourly rate of more than £11.00 £11.00 £11.00
10% offered a hourly rate of more than £42.50 £42.50 £40.00
UK excluding London average hourly rate £16.50 £17.50 £17.50
% change year-on-year
-5.71% -

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 27 April 2015.

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 average contractor rates quoted in IT jobs citing Quantitative Analyst within the UK over the 3 months to 27 April 2015. 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
England -13 19 £658 +1.15% 4
London -22 19 £658 +1.15% 4
City of London -6 1 £550 -15.38% 1

Quantitative Analyst
Top 30 Related IT Skills

For the 6 months to 27 April 2015, 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 15 (51.72%) C++
2 13 (44.83%) Banking
3 12 (41.38%) Finance
4 10 (34.48%) Investment Banking
5 8 (27.59%) Risk Management
5 8 (27.59%) Validation
5 8 (27.59%) Quantitative Analysis
5 8 (27.59%) Analytics
6 6 (20.69%) Front Office
6 6 (20.69%) SQL
6 6 (20.69%) Python
6 6 (20.69%) Credit Risk
7 5 (17.24%) Monte Carlo Method
7 5 (17.24%) R
7 5 (17.24%) Analytical Skills
7 5 (17.24%) Foreign Exchange (FX)
7 5 (17.24%) Statistics
7 5 (17.24%) Fixed Income
8 4 (13.79%) Derivative
8 4 (13.79%) MATLAB
8 4 (13.79%) PhD
8 4 (13.79%) VBA
9 3 (10.34%) C
9 3 (10.34%) Financial Institution
9 3 (10.34%) Equity Derivative
9 3 (10.34%) Agile Software Development
9 3 (10.34%) Mathematics
9 3 (10.34%) Physics
10 2 (6.90%) Automated Testing
10 2 (6.90%) Degree

Quantitative Analyst
Top Related IT Skills by Category

For the 6 months to 27 April 2015, 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.

Application Platforms
1 1 (3.45%) SAS
Applications
1 1 (3.45%) MS Office
1 1 (3.45%) MS Excel
Database & Business Intelligence
1 2 (6.90%) SQL Server
1 2 (6.90%) SQL Server Reporting Services
2 1 (3.45%) Data Warehouse
Development Applications
1 2 (6.90%) Eclipse
General
1 13 (44.83%) Banking
2 12 (41.38%) Finance
3 10 (34.48%) Investment Banking
4 6 (20.69%) Front Office
5 3 (10.34%) Financial Institution
6 1 (3.45%) Retail
6 1 (3.45%) Retail Banking
6 1 (3.45%) French Language
Libraries, Frameworks & Software Standards
1 1 (3.45%) .NET
Miscellaneous
1 6 (20.69%) Credit Risk
2 5 (17.24%) Statistics
2 5 (17.24%) Foreign Exchange (FX)
2 5 (17.24%) Fixed Income
2 5 (17.24%) Analytical Skills
3 4 (13.79%) Derivative
4 3 (10.34%) Equity Derivative
4 3 (10.34%) Mathematics
4 3 (10.34%) Physics
5 1 (3.45%) Market Risk
5 1 (3.45%) Performance Metrics
Processes & Methodologies
1 8 (27.59%) Risk Management
1 8 (27.59%) Validation
1 8 (27.59%) Quantitative Analysis
1 8 (27.59%) Analytics
2 5 (17.24%) Monte Carlo Method
3 3 (10.34%) Agile Software Development
4 2 (6.90%) Data Management
4 2 (6.90%) Automated Testing
4 2 (6.90%) OO
4 2 (6.90%) Quantitative Risk Management
4 2 (6.90%) Refactoring
4 2 (6.90%) Fund Management
5 1 (3.45%) Bayesian Methods
5 1 (3.45%) Factor Analysis
5 1 (3.45%) Linear Regression
5 1 (3.45%) RAD
5 1 (3.45%) Regression Testing
5 1 (3.45%) Migration
5 1 (3.45%) Statistical Analysis
5 1 (3.45%) Asset Management
Programming Languages
1 15 (51.72%) C++
2 6 (20.69%) SQL
2 6 (20.69%) Python
3 5 (17.24%) R
4 4 (13.79%) MATLAB
4 4 (13.79%) VBA
5 3 (10.34%) C
6 1 (3.45%) C#
Qualifications
1 4 (13.79%) PhD
2 2 (6.90%) Degree
3 1 (3.45%) MCT
3 1 (3.45%) MBA
3 1 (3.45%) CFA
Quality Assurance & Compliance
1 1 (3.45%) Basel II
1 1 (3.45%) QA
Systems Management
1 1 (3.45%) HP Quality Center
Vendors
1 1 (3.45%) Microsoft
1 1 (3.45%) Murex
1 1 (3.45%) BT
London
Hays Finance Technology
Rate: £600.00 - £900.00 per day
Posted: 3 days ago
City of London
Real Staffing
Rate: £300 - £400 per day + competitive
Posted: 18 days ago
London
Hays IT - Uk Posting account
Rate: £550.00 - £800.00 per day
Posted: 25 days ago