The statistics below represent IT contracts advertised across the UK that had Quantitative Risk Analyst featuring in the job title. Included is a guide to the contractor rates offered over the 3 months to 24 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
24 May 2016
Same period 2015 Same period 2014
Quantitative Risk Analyst
Rank 632 616 602
Rank change year-on-year
-16 -14
Contract jobs requiring a Quantitative Risk Analyst 19 8 9
As % of all contract IT jobs located in the UK 0.035% 0.015% 0.017%
As % of the Job Titles category 0.037% 0.016% 0.018%
Number of daily rates quoted 15 8 9
Median daily rate £700 £625 £425
Median daily rate % change year-on-year
+12.00% +47.05%
90% offered a daily rate of more than £510 £410 £400
10% offered a daily rate of more than £750 £750 £605
UK excluding London median daily rate £600 - -
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
50742 51291 50591
As % of all contract IT jobs located in the UK 94.77% 94.73% 94.43%
Number of daily rates quoted 33107 31579 31273
Median daily rate £425 £400 £395
Median daily rate % change year-on-year
+6.25% +1.26%
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 1472 2048 2133
Median hourly rate £18.00 £16.50 £17.00
Median hourly rate % change year-on-year
+9.09% -2.94%
90% offered a hourly rate of more than £11.00 £11.00 £10.50
10% offered a hourly rate of more than £44.00 £42.00 £40.00
UK excluding London median hourly rate £18.00 £16.00 £16.50
% change year-on-year
+12.50% -3.03%

Quantitative Risk Analyst
Jobs Demand Trend

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

Quantitative Risk Analyst Jobs Demand Trend in the UK

Quantitative Risk Analyst
Daily Rate Trend

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

Quantitative Risk Analyst Daily Rate Trend in the UK

Quantitative Risk Analyst
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Risk Analyst within the UK over the 3 months to 24 May 2016.

Quantitative Risk Analyst Daily Rate Histogram in the UK

Quantitative Risk Analyst
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Risk Analyst within the UK over the 3 months to 24 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 +2 18 £700 +12.00% 2
London 0 18 £700 +12.00% 2
City of London +34 1 £700 +60.91%
Edinburgh - 1 £600 -
Scotland - 1 £600 -

Quantitative Risk Analyst Skill Set
Top 30 Related IT Skills

For the 6 months to 24 May 2016, Quantitative Risk 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 Risk Analyst in the job title.

1 22 (70.97%) Finance
2 18 (58.06%) Mathematics
3 14 (45.16%) Physics
3 14 (45.16%) C#
4 13 (41.94%) Degree
5 12 (38.71%) Front Office
6 11 (35.48%) Validation
6 11 (35.48%) Risk Management
7 10 (32.26%) C++
8 9 (29.03%) Analytics
9 8 (25.81%) Derivative
9 8 (25.81%) Market Risk
10 7 (22.58%) Stress Testing
10 7 (22.58%) Banking
11 6 (19.35%) VBA
11 6 (19.35%) QA
11 6 (19.35%) Analytical Skills
11 6 (19.35%) Credit Risk
12 5 (16.13%) Greeks
12 5 (16.13%) Selenium
12 5 (16.13%) Test Automation
12 5 (16.13%) Retail
12 5 (16.13%) Investment Banking
12 5 (16.13%) .NET
12 5 (16.13%) MSMQ
12 5 (16.13%) SQL
12 5 (16.13%) HP UFT
13 4 (12.90%) Risk Analytics
14 3 (9.68%) R
14 3 (9.68%) Quantitative Risk Management

Quantitative Risk 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 (6.45%) SAS
Applications
1 3 (9.68%) LaTeX
1 3 (9.68%) MS Office
2 2 (6.45%) MS Excel
2 2 (6.45%) Spreadsheet
Cloud Services
1 2 (6.45%) Cloud Computing
Development Applications
1 5 (16.13%) HP UFT
1 5 (16.13%) Selenium
General
1 22 (70.97%) Finance
2 12 (38.71%) Front Office
3 7 (22.58%) Banking
4 5 (16.13%) Investment Banking
4 5 (16.13%) Retail
5 1 (3.23%) Back Office
Libraries, Frameworks & Software Standards
1 5 (16.13%) .NET
1 5 (16.13%) MSMQ
2 2 (6.45%) XSLT
Miscellaneous
1 18 (58.06%) Mathematics
2 14 (45.16%) Physics
3 8 (25.81%) Derivative
3 8 (25.81%) Market Risk
4 6 (19.35%) Analytical Skills
4 6 (19.35%) Credit Risk
5 2 (6.45%) Foreign Exchange (FX)
5 2 (6.45%) Statistics
5 2 (6.45%) Swaptions
6 1 (3.23%) Computer Science
6 1 (3.23%) Credit Derivative
6 1 (3.23%) Economics
6 1 (3.23%) Equity Derivative
6 1 (3.23%) Hedge funds
Processes & Methodologies
1 11 (35.48%) Risk Management
1 11 (35.48%) Validation
2 9 (29.03%) Analytics
3 7 (22.58%) Stress Testing
4 5 (16.13%) Greeks
4 5 (16.13%) Test Automation
5 4 (12.90%) Risk Analytics
6 3 (9.68%) Quantitative Risk Management
7 2 (6.45%) Quantitative Analysis
7 2 (6.45%) Statistical Analysis
8 1 (3.23%) Monte Carlo Method
8 1 (3.23%) Regression Analysis
8 1 (3.23%) Risk Assessment
Programming Languages
1 14 (45.16%) C#
2 10 (32.26%) C++
3 6 (19.35%) VBA
4 5 (16.13%) SQL
5 3 (9.68%) MATLAB
5 3 (9.68%) R
6 2 (6.45%) Haskell
6 2 (6.45%) Python
Qualifications
1 13 (41.94%) Degree
2 2 (6.45%) PhD
Quality Assurance & Compliance
1 6 (19.35%) QA
2 1 (3.23%) Basel III
Vendors
1 1 (3.23%) Algorithmics
London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 5 days ago