Quantitative Developer Contracts with Work from Home Options

Quant Developer
UK > Work from Home

The median Quant Developer daily rate in Work from Home is £881 according to job vacancies posted during the 6 months to 5 May 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
5 May 2024
Same period 2023 Same period 2022
Rank 302 425 579
Rank change year-on-year +123 +154 -118
Contract jobs requiring a Quantitative Developer 46 51 43
As % of all contract jobs with a WFH option 0.30% 0.20% 0.096%
As % of the Job Titles category 0.32% 0.21% 0.10%
Number of daily rates quoted 42 35 37
10th Percentile - £725 £675
25th Percentile £688 £825 £688
Median daily rate (50th Percentile) £881 £880 £825
Median % change year-on-year +0.14% +6.67% +13.79%
75th Percentile £1,250 £933 £888
90th Percentile - £980 £897
UK median daily rate £900 £860 £750
% change year-on-year +4.65% +14.67% +7.14%

All Contract IT Job Vacancies
Work from Home

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies with a WFH option. 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 Work from Home with a recognized job title 14,165 24,342 42,704
% of contract IT jobs with a recognized job title 93.49% 95.31% 95.77%
Number of daily rates quoted 9,495 17,179 30,870
10th Percentile £325 £358 £356
25th Percentile £425 £443 £425
Median daily rate (50th Percentile) £525 £538 £525
Median % change year-on-year -2.33% +2.38% +10.53%
75th Percentile £638 £650 £625
90th Percentile £750 £750 £718
UK median daily rate £525 £540 £525
% change year-on-year -2.78% +2.86% +10.53%
Number of hourly rates quoted 575 559 605
10th Percentile £14.33 £17.68 £13.25
25th Percentile £23.29 £25.71 £18.75
Median hourly rate £43.00 £54.00 £35.00
Median % change year-on-year -20.37% +54.29% +42.86%
75th Percentile £62.75 £68.75 £55.00
90th Percentile £75.25 £80.25 £66.00
UK median hourly rate £36.50 £45.00 £23.60
% change year-on-year -18.89% +90.68% +4.89%

Quantitative Developer
Trend for Jobs with a WFH Option

Job vacancies with a work from home option which featured Quantitative Developer in the job title as a proportion of all IT jobs advertised.

Quantitative Developer trend for jobs with a WFH option

Quantitative Developer
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Quantitative Developer.

Quantitative Developer daily rate for jobs with a WFH option

Quantitative Developer
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Quantitative Developer over the 6 months to 5 May 2024.

Quantitative Developer daily rate histogram for jobs with a WFH option

Quantitative Developer Skill Set
Top 30 Co-occurring Skills and Capabilities in Job Vacancies with WFH Options

For the 6 months to 5 May 2024, Quantitative Developer 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 jobs with a WFH option featuring Quantitative Developer in the job title.

1 31 (67.39%) Fixed Income
1 31 (67.39%) Finance
2 27 (58.70%) Python
3 22 (47.83%) Front Office
3 22 (47.83%) Derivative
3 22 (47.83%) Hedge funds
4 19 (41.30%) Azure
4 19 (41.30%) AWS
4 19 (41.30%) Banking
5 18 (39.13%) Asset Management
5 18 (39.13%) Agile
6 17 (36.96%) Investment Banking
6 17 (36.96%) Equities
7 16 (34.78%) Java
7 16 (34.78%) Software Engineering
7 16 (34.78%) Algorithmic Trading
7 16 (34.78%) Investment Management
7 16 (34.78%) R
7 16 (34.78%) GCP
7 16 (34.78%) Quantitative Research
8 14 (30.43%) Bloomberg
9 13 (28.26%) Electronic Trading
9 13 (28.26%) FIX Protocol
10 9 (19.57%) Analytical Skills
11 8 (17.39%) C#
11 8 (17.39%) C++
12 7 (15.22%) Quantitative Finance
12 7 (15.22%) Problem-Solving
13 5 (10.87%) Mathematics
13 5 (10.87%) Degree

Quantitative Developer Skill Set
Co-occurring Skills and Capabilities with WFH Options 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 1 (2.17%) MQSeries
Business Applications
1 2 (4.35%) Orchestrade
Cloud Services
1 19 (41.30%) AWS
1 19 (41.30%) Azure
2 16 (34.78%) GCP
3 1 (2.17%) Azure DevOps
3 1 (2.17%) GitHub
Database & Business Intelligence
1 2 (4.35%) SQL Server
2 1 (2.17%) NoSQL
General
1 31 (67.39%) Finance
2 22 (47.83%) Front Office
3 19 (41.30%) Banking
4 17 (36.96%) Investment Banking
5 9 (19.57%) Analytical Skills
6 2 (4.35%) Financial Institution
6 2 (4.35%) Social Skills
Libraries, Frameworks & Software Standards
1 13 (28.26%) FIX Protocol
2 2 (4.35%) .NET
2 2 (4.35%) AngularJS
2 2 (4.35%) React
3 1 (2.17%) NumPy
3 1 (2.17%) Pandas
3 1 (2.17%) Rendezvous
3 1 (2.17%) SciPy
Miscellaneous
1 31 (67.39%) Fixed Income
2 22 (47.83%) Derivative
2 22 (47.83%) Hedge funds
3 17 (36.96%) Equities
4 4 (8.70%) Algorithms
4 4 (8.70%) Credit Derivative
4 4 (8.70%) Greenfield Project
5 1 (2.17%) Foreign Exchange (FX)
Processes & Methodologies
1 18 (39.13%) Agile
1 18 (39.13%) Asset Management
2 16 (34.78%) Algorithmic Trading
2 16 (34.78%) Investment Management
2 16 (34.78%) Quantitative Research
2 16 (34.78%) Software Engineering
3 13 (28.26%) Electronic Trading
4 7 (15.22%) Problem-Solving
4 7 (15.22%) Quantitative Finance
5 5 (10.87%) Mathematics
6 4 (8.70%) Physics
7 3 (6.52%) Analytics
7 3 (6.52%) Computer Science
8 2 (4.35%) Analytical Modelling
8 2 (4.35%) Automated Trading
8 2 (4.35%) DevOps
8 2 (4.35%) Full Stack Development
8 2 (4.35%) Model Validation
8 2 (4.35%) Order Management
8 2 (4.35%) Statistics
Programming Languages
1 27 (58.70%) Python
2 16 (34.78%) Java
2 16 (34.78%) R
3 8 (17.39%) C#
3 8 (17.39%) C++
4 2 (4.35%) JavaScript
5 1 (2.17%) Rust
5 1 (2.17%) SQL
Qualifications
1 5 (10.87%) Degree
2 2 (4.35%) Numerate Degree
3 1 (2.17%) Master's Degree
3 1 (2.17%) PhD
Vendors
1 14 (30.43%) Bloomberg
2 1 (2.17%) IBM
2 1 (2.17%) Solace
2 1 (2.17%) TIBCO