Reinsurance Contracts with Work from Home Options

Reinsurance
UK > Work from Home

The table below looks at the prevalence of the term Reinsurance in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Reinsurance over the 6 months to 5 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
5 May 2024
Same period 2023 Same period 2022
Rank 305 414 549
Rank change year-on-year +109 +135 -94
Contract jobs citing Reinsurance 43 62 73
As % of all contract jobs with a WFH option 0.28% 0.24% 0.16%
As % of the Miscellaneous category 0.99% 0.77% 0.52%
Number of daily rates quoted 30 40 52
10th Percentile £485 £513 £466
25th Percentile £525 £555 £509
Median daily rate (50th Percentile) £588 £600 £538
Median % change year-on-year -2.08% +11.63% -6.52%
75th Percentile £625 £700 £619
90th Percentile £700 £803 £625
UK median daily rate £600 £600 £560
% change year-on-year - +7.14% +1.82%

All Generic Skills
Work from Home

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 WFH option and a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 4,322 8,030 13,983
As % of all contract jobs with a WFH option 28.52% 31.44% 31.36%
Number of daily rates quoted 2,947 5,647 9,980
10th Percentile £325 £363 £360
25th Percentile £431 £451 £438
Median daily rate (50th Percentile) £550 £550 £540
Median % change year-on-year - +1.85% +9.09%
75th Percentile £675 £684 £650
90th Percentile £800 £792 £750
UK median daily rate £538 £550 £550
% change year-on-year -2.18% - +10.00%
Number of hourly rates quoted 193 154 225
10th Percentile £15.44 £19.00 £12.42
25th Percentile £25.50 £25.75 £20.75
Median hourly rate £50.00 £55.00 £44.50
Median % change year-on-year -9.09% +23.60% +29.93%
75th Percentile £65.03 £70.00 £58.75
90th Percentile £72.50 £85.00 £66.15
UK median hourly rate £30.14 £22.49 £27.25
% change year-on-year +34.04% -17.49% +3.52%

Reinsurance
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Reinsurance as a proportion of all IT jobs advertised.

Reinsurance trend for jobs with a WFH option

Reinsurance
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 Reinsurance.

Reinsurance daily rate for jobs with a WFH option

Reinsurance
Daily Rate Histogram for Jobs with a WFH Option

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

Reinsurance daily rate histogram for jobs with a WFH option

Reinsurance
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 2 (4.65%) Mendix
2 1 (2.33%) Confluence
Applications
1 2 (4.65%) Microsoft Excel
1 2 (4.65%) Microsoft Office
1 2 (4.65%) Microsoft PowerPoint
Cloud Services
1 8 (18.60%) Azure
2 2 (4.65%) Azure DevOps
2 2 (4.65%) GitHub
3 1 (2.33%) dbt
3 1 (2.33%) IaaS
3 1 (2.33%) PaaS
Communications & Networking
1 1 (2.33%) Firewall
Database & Business Intelligence
1 3 (6.98%) Data Warehouse
1 3 (6.98%) SQL Server
2 2 (4.65%) BigQuery
2 2 (4.65%) Looker
3 1 (2.33%) MongoDB
Development Applications
1 3 (6.98%) Team Foundation Server
1 3 (6.98%) Visual Studio
2 2 (4.65%) Git
2 2 (4.65%) JIRA
2 2 (4.65%) TeamCity
General
1 12 (27.91%) Social Skills
2 6 (13.95%) Analytical Skills
2 6 (13.95%) Finance
3 5 (11.63%) Inclusion and Diversity
4 2 (4.65%) Organisational Skills
Job Titles
1 16 (37.21%) Analyst
2 11 (25.58%) Business Analyst
2 11 (25.58%) Reinsurance Business Analyst
3 8 (18.60%) Developer
4 6 (13.95%) C# Developer
4 6 (13.95%) Senior
5 5 (11.63%) Architect
5 5 (11.63%) Senior Analyst
5 5 (11.63%) Senior Business Analyst
6 3 (6.98%) .NET Applications Developer
6 3 (6.98%) .NET Developer
6 3 (6.98%) Applications Developer
6 3 (6.98%) Applications Support
6 3 (6.98%) C# .NET Developer
6 3 (6.98%) C# Application Developer
6 3 (6.98%) Data Analyst
6 3 (6.98%) Lead
6 3 (6.98%) Project Manager
6 3 (6.98%) Reinsurance Project Manager
6 3 (6.98%) Solutions Architect
Libraries, Frameworks & Software Standards
1 6 (13.95%) .NET
2 3 (6.98%) ASP.NET
2 3 (6.98%) ASP.NET Web Forms
3 2 (4.65%) SOAP
3 2 (4.65%) Swagger
4 1 (2.33%) ADO
4 1 (2.33%) Express.js
4 1 (2.33%) MERN Stack
4 1 (2.33%) Node.js
4 1 (2.33%) React
Miscellaneous
1 3 (6.98%) Legacy Systems
2 2 (4.65%) Low-Code
2 2 (4.65%) Market Risk
3 1 (2.33%) Product Ownership
Processes & Methodologies
1 17 (39.53%) Agile
2 5 (11.63%) Business Analysis
2 5 (11.63%) Business Transformation
2 5 (11.63%) Migration
2 5 (11.63%) MVC
2 5 (11.63%) Problem-Solving
2 5 (11.63%) Stakeholder Management
3 4 (9.30%) DevOps
3 4 (9.30%) Requirements Gathering
4 3 (6.98%) Continuous Integration
4 3 (6.98%) Project Management
4 3 (6.98%) Translating Business Requirements
5 2 (4.65%) Computer Science
5 2 (4.65%) Conceptual Models
5 2 (4.65%) Data Analysis
5 2 (4.65%) Data Modelling
5 2 (4.65%) Decision-Making
5 2 (4.65%) Electronic Trading
5 2 (4.65%) Software Architecture
5 2 (4.65%) User Acceptance Testing
Programming Languages
1 6 (13.95%) C#
2 2 (4.65%) SQL
Qualifications
1 5 (11.63%) Degree
2 2 (4.65%) Computer Science Degree
Quality Assurance & Compliance
1 2 (4.65%) GDPR
2 1 (2.33%) California Consumer Privacy Act
2 1 (2.33%) PMO
2 1 (2.33%) QA
Systems Management
1 2 (4.65%) Grafana
Vendors
1 6 (13.95%) Microsoft
2 1 (2.33%) MuleSoft
2 1 (2.33%) Salesforce