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 30 September 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
30 Sep 2016
Same period 2015 Same period 2014
Quantitative Risk Management (QRM)
Rank 651 663 610
Rank change year-on-year
+12 -53
Contract jobs citing Quantitative Risk Management 1 10 31
As % of all contract IT jobs located in the UK 0.002% 0.017% 0.053%
As % of the Processes & Methodologies category 0.002% 0.021% 0.069%
Number of daily rates quoted 0 9 26
Median daily rate - £625 £505
Median daily rate % change year-on-year
- +23.76%
UK excluding London median daily rate - £750 £475
% change year-on-year
- +57.89%
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
44299 46946 44879
As % of all contract IT jobs located in the UK 83.12% 81.11% 77.00%
Number of daily rates quoted 29375 30672 28106
Median daily rate £438 £425 £410
Median daily rate % change year-on-year
+2.94% +3.54%
90% offered a daily rate of more than £300 £288 £275
10% offered a daily rate of more than £590 £583 £575
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 1162 1305 1228
Median hourly rate £31.00 £32.50 £23.75
Median hourly rate % change year-on-year
-4.61% +36.84%
90% offered a hourly rate of more than £12.54 £12.50 £12.50
10% offered a hourly rate of more than £50.00 £50.00 £52.50
UK excluding London median hourly rate £32.50 £34.00 £25.75
% change year-on-year
-4.41% +32.03%

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 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 Risk Management within the UK over the 3 months to 30 September 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
London +8 1 - -
England -10 1 - -
City of London - 1 - -

Quantitative Risk Management
Top 7 Related IT Skills

For the 6 months to 30 September 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 3 (100.00%) Data Warehouse
1 3 (100.00%) Finance
1 3 (100.00%) Banking
2 1 (33.33%) Business Analysis
2 1 (33.33%) Law
2 1 (33.33%) Process Management
2 1 (33.33%) Project Management

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:

Database & Business Intelligence
1 3 (100.00%) Data Warehouse
General
1 3 (100.00%) Banking
1 3 (100.00%) Finance
2 1 (33.33%) Law
Job Titles
1 3 (100.00%) Analyst
1 3 (100.00%) Business Analyst
2 2 (66.67%) Data Warehouse Analyst
2 2 (66.67%) Data Warehouse Business Analyst
2 2 (66.67%) Liquidity Business Analyst
3 1 (33.33%) Banking Analyst
3 1 (33.33%) Banking Business Analyst
3 1 (33.33%) Finance Business Analyst
3 1 (33.33%) Financial Analyst
3 1 (33.33%) Project Analyst
3 1 (33.33%) Report Analyst
3 1 (33.33%) Risk Analyst
3 1 (33.33%) Risk Business Analyst
Processes & Methodologies
1 1 (33.33%) Business Analysis
1 1 (33.33%) Process Management
1 1 (33.33%) Project Management