The table below looks at the statistics for Quantitative Risk Management skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Quantitative Risk Management over the 3 months to 7 December 2016 with a comparison to the same period over 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.

3 months to
7 Dec 2016
Same period 2015 Same period 2014
Quantitative Risk Management (QRM)
Rank 621 638 619
Rank change year-on-year
+17 -19
Contract jobs citing Quantitative Risk Management 9 6 12
As % of all contract IT jobs located in the UK 0.018% 0.011% 0.021%
As % of the Processes & Methodologies category 0.022% 0.013% 0.028%
Number of daily rates quoted 0 5 9
Median daily rate - £650 £600
Median daily rate % change year-on-year
- +8.33%
UK excluding London median daily rate - £625 £700
% change year-on-year
- -10.71%
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 Processes & Methodologies category in contract jobs advertised across the UK.

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
41121 45003 43480
As % of all contract IT jobs located in the UK 82.48% 81.18% 76.98%
Number of daily rates quoted 27428 29175 28284
Median daily rate £450 £425 £420
Median daily rate % change year-on-year
+5.88% +1.19%
90% offered a daily rate of more than £300 £295 £275
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £413 £400 £385
% change year-on-year
+3.12% +3.89%
Number of hourly rates quoted 1085 1352 1206
Median hourly rate £30.00 £31.44 £25.00
Median hourly rate % change year-on-year
-4.58% +25.76%
90% offered a hourly rate of more than £12.50 £12.50 £11.84
10% offered a hourly rate of more than £50.00 £50.00 £47.50
UK excluding London median hourly rate £31.00 £35.00 £25.00
% change year-on-year
-11.42% +40.00%

Quantitative Risk Management
Jobs Demand Trend

The demand trend of contract jobs citing Quantitative Risk Management as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Quantitative Risk Management Jobs Demand Trend in the UK

Quantitative Risk Management
Daily Rate Trend

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

Quantitative Risk Management Daily Rate Trend in the UK

Quantitative Risk Management
Top 2 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 Management 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 +27 9 - -
London +7 9 - -

Quantitative Risk Management
Top 30 Related IT Skills

For the 6 months to 7 December 2016, IT contractor jobs citing Quantitative Risk Management also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Quantitative Risk Management.

1 11 (100.00%) Finance
1 11 (100.00%) Banking
2 9 (81.82%) Stakeholder Management
2 9 (81.82%) Management Information System
2 9 (81.82%) MS Office
2 9 (81.82%) MS Excel
2 9 (81.82%) MS Visio
2 9 (81.82%) Microsoft
2 9 (81.82%) MS PowerPoint
2 9 (81.82%) Degree
3 6 (54.55%) Change Management
3 6 (54.55%) Project Management
3 6 (54.55%) Programme Management
3 6 (54.55%) Matrix Management
4 3 (27.27%) CA
4 3 (27.27%) SharePoint
4 3 (27.27%) PRINCE2
4 3 (27.27%) SQL
4 3 (27.27%) SQL Server
4 3 (27.27%) Data Validation
4 3 (27.27%) Data Mapping
4 3 (27.27%) IIBA
4 3 (27.27%) Portfolio Management
4 3 (27.27%) Test Strategy
4 3 (27.27%) Data Quality
4 3 (27.27%) Big Data
4 3 (27.27%) Business Transformation
4 3 (27.27%) Coaching
4 3 (27.27%) Validation
4 3 (27.27%) Agile Software Development

Quantitative Risk Management
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 (27.27%) SharePoint
Applications
1 9 (81.82%) MS Excel
1 9 (81.82%) MS Office
1 9 (81.82%) MS PowerPoint
1 9 (81.82%) MS Visio
Database & Business Intelligence
1 3 (27.27%) Big Data
1 3 (27.27%) SQL Server
2 2 (18.18%) Data Warehouse
General
1 11 (100.00%) Banking
1 11 (100.00%) Finance
2 1 (9.09%) Law
Job Titles
1 5 (45.45%) Analyst
1 5 (45.45%) Business Analyst
2 3 (27.27%) Data Business Analyst
2 3 (27.27%) PMO Manager
2 3 (27.27%) Programme Manager
2 3 (27.27%) Validation Analyst
3 1 (9.09%) Banking Analyst
3 1 (9.09%) Banking Business Analyst
3 1 (9.09%) Data Warehouse Analyst
3 1 (9.09%) Data Warehouse Business Analyst
3 1 (9.09%) Liquidity Business Analyst
Miscellaneous
1 9 (81.82%) Management Information System
Processes & Methodologies
1 9 (81.82%) Stakeholder Management
2 6 (54.55%) Change Management
2 6 (54.55%) Matrix Management
2 6 (54.55%) Programme Management
2 6 (54.55%) Project Management
3 3 (27.27%) Agile Software Development
3 3 (27.27%) Business Transformation
3 3 (27.27%) Coaching
3 3 (27.27%) Data Analysis
3 3 (27.27%) Data Mapping
3 3 (27.27%) Data Validation
3 3 (27.27%) Matrix Organization
3 3 (27.27%) Portfolio Management
3 3 (27.27%) PRINCE2
3 3 (27.27%) Programme Governance
3 3 (27.27%) Regulatory Compliance
3 3 (27.27%) Test Strategy
3 3 (27.27%) Validation
4 1 (9.09%) Business Analysis
4 1 (9.09%) Process Management
Programming Languages
1 3 (27.27%) SQL
Qualifications
1 9 (81.82%) Degree
2 3 (27.27%) IIBA
Quality Assurance & Compliance
1 3 (27.27%) Data Quality
1 3 (27.27%) QA
Vendors
1 9 (81.82%) Microsoft
2 3 (27.27%) CA