Reinsurance Business Analyst Contracts

Business Analyst - Reinsurance (Reinsurance BA)
UK

The median Business Analyst - Reinsurance (Reinsurance BA) daily rate in the UK is £613 according to job vacancies posted during the 6 months to 26 April 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
26 Apr 2024
Same period 2023 Same period 2022
Rank 561 685 845
Rank change year-on-year +124 +160 -179
Contract jobs requiring a Reinsurance Business Analyst 18 15 15
As % of all contract jobs advertised in the UK 0.041% 0.025% 0.017%
As % of the Job Titles category 0.045% 0.026% 0.018%
Number of daily rates quoted 14 13 13
10th Percentile £525 - £510
25th Percentile £606 - £513
Median daily rate (50th Percentile) £613 £600 £525
Median % change year-on-year +2.08% +14.29% -19.23%
75th Percentile £619 - £573
90th Percentile - - -
UK excluding London median daily rate - - -

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 40,413 56,730 84,732
% of contract IT jobs with a recognized job title 92.78% 94.61% 95.50%
Number of daily rates quoted 26,320 39,605 59,435
10th Percentile £275 £313 £313
25th Percentile £408 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £726
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,653 1,602 2,109
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.28 £15.50
Median hourly rate £35.96 £45.00 £23.00
Median % change year-on-year -20.09% +95.65% +0.24%
75th Percentile £60.25 £65.75 £48.75
90th Percentile £72.50 £75.50 £63.00
UK excluding London median hourly rate £38.00 £42.37 £19.50
% change year-on-year -10.30% +117.26% +2.47%

Reinsurance Business Analyst
Job Vacancy Trend

Job postings that featured Reinsurance Business Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Reinsurance Business Analyst in the UK

Reinsurance Business Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Reinsurance Business Analyst.

Daily rate trend for Reinsurance Business Analyst in the UK

Reinsurance Business 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 Reinsurance Business Analyst within the UK over the 6 months to 26 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +117 17 £613 +2.08%
London +114 17 £613 +2.08%
Work from Home +128 11 £615 +2.50%
UK excluding London - 1 - -
Scotland - 1 - -

Reinsurance Business Analyst Skill Set
Top 15 Co-occurring Skills and Capabilities

For the 6 months to 26 April 2024, Reinsurance Business Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Reinsurance Business Analyst in the job title.

1 18 (100.00%) Reinsurance
2 10 (55.56%) Inclusion and Diversity
3 8 (44.44%) Agile
4 6 (33.33%) Business Analysis
5 4 (22.22%) Stakeholder Management
6 3 (16.67%) User Acceptance Testing
6 3 (16.67%) Analytical Skills
6 3 (16.67%) Problem-Solving
7 2 (11.11%) Organisational Skills
7 2 (11.11%) Business Transformation
8 1 (5.56%) Data Analysis
8 1 (5.56%) SQL
8 1 (5.56%) Finance
8 1 (5.56%) Workshop Facilitation
8 1 (5.56%) Requirements Gathering

Reinsurance Business Analyst Skill Set
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 10 (55.56%) Inclusion and Diversity
2 3 (16.67%) Analytical Skills
3 2 (11.11%) Organisational Skills
4 1 (5.56%) Finance
Miscellaneous
1 18 (100.00%) Reinsurance
Processes & Methodologies
1 8 (44.44%) Agile
2 6 (33.33%) Business Analysis
3 4 (22.22%) Stakeholder Management
4 3 (16.67%) Problem-Solving
4 3 (16.67%) User Acceptance Testing
5 2 (11.11%) Business Transformation
6 1 (5.56%) Data Analysis
6 1 (5.56%) Requirements Gathering
6 1 (5.56%) Workshop Facilitation
Programming Languages
1 1 (5.56%) SQL