Reinsurance Contracts

Reinsurance
UK

The table below looks at the prevalence of the term Reinsurance in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Reinsurance over the 6 months to 25 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
25 Apr 2024
Same period 2023 Same period 2022
Rank 493 575 694
Rank change year-on-year +82 +119 -84
Contract jobs citing Reinsurance 93 147 137
As % of all contract jobs advertised in the UK 0.21% 0.24% 0.15%
As % of the Miscellaneous category 0.70% 0.74% 0.47%
Number of daily rates quoted 74 104 93
10th Percentile £513 £513 £500
25th Percentile £563 £550 £513
Median daily rate (50th Percentile) £600 £600 £565
Median % change year-on-year - +6.19% +2.73%
75th Percentile £638 £659 £619
90th Percentile £675 £800 £706
UK excluding London median daily rate £475 - £575
% change year-on-year - - -20.69%

All Generic Skills
UK

Reinsurance is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 13,278 19,990 29,229
As % of all contract IT jobs advertised in the UK 30.43% 33.30% 32.99%
Number of daily rates quoted 8,514 13,733 20,382
10th Percentile £263 £306 £313
25th Percentile £413 £450 £430
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.27% - +10.00%
75th Percentile £653 £680 £650
90th Percentile £788 £800 £750
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +11.76%
Number of hourly rates quoted 907 658 728
10th Percentile £12.25 £9.80 £13.89
25th Percentile £15.17 £10.75 £16.94
Median hourly rate £29.00 £22.49 £27.00
Median % change year-on-year +28.93% -16.69% +3.85%
75th Percentile £60.00 £64.50 £49.75
90th Percentile £70.00 £75.00 £66.00
UK excluding London median hourly rate £27.50 £22.00 £20.00
% change year-on-year +25.00% +10.00% -16.67%

Reinsurance
Job Vacancy Trend

Job postings citing Reinsurance as a proportion of all IT jobs advertised.

Job vacancy trend for Reinsurance in the UK

Reinsurance
Contractor Daily Rate Trend

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

Daily rate trend for Reinsurance in the UK

Reinsurance
Daily Rate Histogram

Daily rate distribution for jobs citing Reinsurance over the 6 months to 25 April 2024.

Daily rate histogram for Reinsurance in the UK

Reinsurance
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Reinsurance.

Hourly rate trend for Reinsurance in the UK

Reinsurance
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Reinsurance within the UK over the 6 months to 25 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 +62 88 £600 - 63
London +48 86 £600 - 52
Work from Home +107 44 £588 +2.17% 31
UK excluding London +72 3 £475 - 13
East of England +12 2 £475 - 2
Scotland - 1 - -

Reinsurance
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:

Application Platforms
1 2 (2.15%) Mendix
2 1 (1.08%) Confluence
Applications
1 2 (2.15%) Microsoft Excel
1 2 (2.15%) Microsoft Office
1 2 (2.15%) Microsoft PowerPoint
Business Applications
1 1 (1.08%) IBM Planning Analytics
1 1 (1.08%) Infor SunSystems
1 1 (1.08%) SAP FS
1 1 (1.08%) SAP S/4HANA
Cloud Services
1 16 (17.20%) Azure
2 7 (7.53%) Azure DevOps
3 3 (3.23%) Microsoft Purview
3 3 (3.23%) Snowflake
4 2 (2.15%) GitHub
4 2 (2.15%) SaaS
5 1 (1.08%) dbt
5 1 (1.08%) IaaS
5 1 (1.08%) PaaS
Database & Business Intelligence
1 7 (7.53%) Data Warehouse
2 4 (4.30%) SQL Server
3 2 (2.15%) BigQuery
3 2 (2.15%) Looker
4 1 (1.08%) MongoDB
4 1 (1.08%) RDBMS
4 1 (1.08%) Relational Database
Development Applications
1 4 (4.30%) Visual Studio
2 3 (3.23%) Eclipse
2 3 (3.23%) Team Foundation Server
3 2 (2.15%) Git
3 2 (2.15%) JIRA
3 2 (2.15%) TeamCity
4 1 (1.08%) Appium
4 1 (1.08%) Selenium
General
1 27 (29.03%) Inclusion and Diversity
2 20 (21.51%) Finance
3 16 (17.20%) Social Skills
4 7 (7.53%) Analytical Skills
5 3 (3.23%) Banking
5 3 (3.23%) Legal
6 2 (2.15%) Influencing Skills
6 2 (2.15%) Organisational Skills
Job Titles
1 40 (43.01%) Analyst
2 27 (29.03%) Business Analyst
3 18 (19.35%) Reinsurance Business Analyst
4 13 (13.98%) Senior
5 9 (9.68%) Developer
6 8 (8.60%) Senior Analyst
6 8 (8.60%) Senior Business Analyst
7 7 (7.53%) Business Test Analyst
7 7 (7.53%) Test Analyst
8 6 (6.45%) Architect
8 6 (6.45%) C# Developer
8 6 (6.45%) Data Modeller
8 6 (6.45%) Lead
8 6 (6.45%) Project Manager
8 6 (6.45%) Reinsurance Project Manager
8 6 (6.45%) UAT Analyst
8 6 (6.45%) UAT Test Analyst
9 5 (5.38%) Product Owner
10 4 (4.30%) Consultant
10 4 (4.30%) Data Analyst
Libraries, Frameworks & Software Standards
1 7 (7.53%) .NET
2 3 (3.23%) ASP.NET
2 3 (3.23%) ASP.NET Web Forms
3 2 (2.15%) SOAP
3 2 (2.15%) Swagger
4 1 (1.08%) .NET Core
4 1 (1.08%) ADO
4 1 (1.08%) AngularJS
4 1 (1.08%) Blazor
4 1 (1.08%) Express.js
4 1 (1.08%) MERN Stack
4 1 (1.08%) Node.js
4 1 (1.08%) React
4 1 (1.08%) YAML
Miscellaneous
1 11 (11.83%) Product Ownership
2 2 (2.15%) Legacy Systems
2 2 (2.15%) Low-Code
2 2 (2.15%) Management Information System
3 1 (1.08%) Market Risk
Processes & Methodologies
1 40 (43.01%) Agile
2 12 (12.90%) Migration
2 12 (12.90%) User Acceptance Testing
3 10 (10.75%) DevOps
4 8 (8.60%) Business Analysis
4 8 (8.60%) Data Analysis
4 8 (8.60%) Data Modelling
4 8 (8.60%) Problem-Solving
4 8 (8.60%) Stakeholder Management
5 7 (7.53%) Data Migration
5 7 (7.53%) Project Management
5 7 (7.53%) Requirements Gathering
6 6 (6.45%) MVC
6 6 (6.45%) Scenario Testing
6 6 (6.45%) User Stories
7 5 (5.38%) Business Transformation
7 5 (5.38%) Computer Science
7 5 (5.38%) Waterfall
8 4 (4.30%) Analytics
8 4 (4.30%) Data Protection
Programming Languages
1 10 (10.75%) SQL
2 8 (8.60%) C#
3 2 (2.15%) Python
4 1 (1.08%) Bicep
4 1 (1.08%) Java
Qualifications
1 8 (8.60%) Degree
2 4 (4.30%) Computer Science Degree
3 1 (1.08%) Azure Certification
3 1 (1.08%) ISEB
3 1 (1.08%) ISTQB
3 1 (1.08%) PMI Certification
3 1 (1.08%) PMP
3 1 (1.08%) TOGAF Certification
Quality Assurance & Compliance
1 3 (3.23%) IFRS
1 3 (3.23%) IFRS 17
1 3 (3.23%) QA
1 3 (3.23%) Solvency II
2 2 (2.15%) GDPR
3 1 (1.08%) California Consumer Privacy Act
3 1 (1.08%) PMO
System Software
1 1 (1.08%) Active Directory
Systems Management
1 2 (2.15%) Grafana
2 1 (1.08%) Terraform
Vendors
1 11 (11.83%) Microsoft
2 3 (3.23%) Guidewire
3 2 (2.15%) Remedy
3 2 (2.15%) SAP
4 1 (1.08%) Cognos
4 1 (1.08%) IBM
4 1 (1.08%) Oracle
4 1 (1.08%) Pega
4 1 (1.08%) VMware