Insurance Business Analyst Jobs in England

Business Analyst - Insurance (Insurance BA)
UK > England

The median Business Analyst - Insurance (Insurance BA) salary in England is £80,000 per year according to job vacancies posted during the 6 months to 25 April 2024.

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

6 months to
25 Apr 2024
Same period 2023 Same period 2022
Rank 753 819 913
Rank change year-on-year +66 +94 -144
Permanent jobs requiring an Insurance Business Analyst 84 128 205
As % of all permanent jobs advertised in England 0.099% 0.14% 0.16%
As % of the Job Titles category 0.10% 0.15% 0.16%
Number of salaries quoted 81 110 184
10th Percentile £62,500 £51,250 £47,500
25th Percentile £70,000 £65,000 £60,000
Median annual salary (50th Percentile) £80,000 £76,250 £70,000
Median % change year-on-year +4.92% +8.93% +16.67%
75th Percentile £90,000 £84,688 £77,813
90th Percentile - £85,000 £83,750
UK median annual salary £80,000 £76,250 £70,000
% change year-on-year +4.92% +8.93% +16.67%

All Permanent IT Job Vacancies
England

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in England. 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 permanent jobs in our overall sample.

Permanent vacancies in England with a recognized job title 80,250 85,781 125,417
% of permanent jobs with a recognized job title 94.48% 91.57% 96.08%
Number of salaries quoted 60,143 54,189 75,436
10th Percentile £28,500 £32,500 £32,500
25th Percentile £38,000 £45,000 £43,000
Median annual salary (50th Percentile) £54,000 £60,567 £60,000
Median % change year-on-year -10.84% +0.95% +9.09%
75th Percentile £72,375 £82,500 £80,000
90th Percentile £91,250 £100,000 £97,500
UK median annual salary £52,923 £60,000 £60,000
% change year-on-year -11.80% - +9.09%

Insurance Business Analyst
Job Vacancy Trend in England

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

Job vacancy trend for Insurance Business Analyst in England

Insurance Business Analyst
Salary Trend in England

3-month moving average salary quoted in jobs citing Insurance Business Analyst in England.

Salary trend for Insurance Business Analyst in England

Insurance Business Analyst
Salary Histogram in England

Salary distribution for jobs citing Insurance Business Analyst in England over the 6 months to 25 April 2024.

Salary histogram for Insurance Business Analyst in England

Insurance Business Analyst
Job Locations in England

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Insurance Business Analyst within the England region 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
London +87 79 £80,000 - 3
Yorkshire +88 3 £52,500 +10.53%
North of England +42 3 £52,500 +10.53%
East of England +29 2 - -
Insurance Business Analyst
UK

Insurance Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in England

For the 6 months to 25 April 2024, Insurance Business Analyst 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 permanent job ads across the England region featuring Insurance Business Analyst in the job title.

1 34 (40.48%) Business Analysis
2 31 (36.90%) Finance
3 28 (33.33%) Inclusion and Diversity
4 23 (27.38%) Social Skills
5 20 (23.81%) Reinsurance
5 20 (23.81%) Agile
6 15 (17.86%) SDLC
7 14 (16.67%) User Stories
8 12 (14.29%) Workflow
8 12 (14.29%) Target Operating Model
9 11 (13.10%) Problem-Solving
10 10 (11.90%) Decision-Making
10 10 (11.90%) User Acceptance Testing
11 9 (10.71%) Validation
11 9 (10.71%) Stakeholder Management
11 9 (10.71%) Requirements Gathering
12 8 (9.52%) Knowledge Transfer
12 8 (9.52%) Documentation Skills
12 8 (9.52%) Self-Motivation
12 8 (9.52%) Acceptance Criteria
12 8 (9.52%) Translating Business Requirements
12 8 (9.52%) Business Process Mapping
12 8 (9.52%) Systems Analysis
13 7 (8.33%) Waterfall
13 7 (8.33%) Advertising
13 7 (8.33%) GAP Analysis
13 7 (8.33%) Analytical Skills
13 7 (8.33%) Presentation Skills
14 6 (7.14%) Project Delivery
14 6 (7.14%) Greenfield Project

Insurance Business Analyst Skill Set
Co-occurring Skills and Capabilities in England 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:

Applications
1 5 (5.95%) MS Visio
2 2 (2.38%) Microsoft Office
2 2 (2.38%) Microsoft Project
Cloud Services
1 2 (2.38%) Azure
1 2 (2.38%) Snowflake
Development Applications
1 5 (5.95%) JIRA
General
1 31 (36.90%) Finance
2 28 (33.33%) Inclusion and Diversity
3 23 (27.38%) Social Skills
4 8 (9.52%) Documentation Skills
5 7 (8.33%) Advertising
5 7 (8.33%) Analytical Skills
5 7 (8.33%) Presentation Skills
6 5 (5.95%) Influencing Skills
7 2 (2.38%) Retail
Libraries, Frameworks & Software Standards
1 1 (1.19%) XML
Miscellaneous
1 20 (23.81%) Reinsurance
2 8 (9.52%) Self-Motivation
3 6 (7.14%) Greenfield Project
4 4 (4.76%) Management Information System
5 1 (1.19%) Product Ownership
5 1 (1.19%) Robotics
5 1 (1.19%) Virtual Team
Processes & Methodologies
1 34 (40.48%) Business Analysis
2 20 (23.81%) Agile
3 15 (17.86%) SDLC
4 14 (16.67%) User Stories
5 12 (14.29%) Target Operating Model
5 12 (14.29%) Workflow
6 11 (13.10%) Problem-Solving
7 10 (11.90%) Decision-Making
7 10 (11.90%) User Acceptance Testing
8 9 (10.71%) Requirements Gathering
8 9 (10.71%) Stakeholder Management
8 9 (10.71%) Validation
9 8 (9.52%) Acceptance Criteria
9 8 (9.52%) Business Process Mapping
9 8 (9.52%) Knowledge Transfer
9 8 (9.52%) Systems Analysis
9 8 (9.52%) Translating Business Requirements
10 7 (8.33%) GAP Analysis
10 7 (8.33%) Waterfall
11 6 (7.14%) Lean Six Sigma
Programming Languages
1 6 (7.14%) SQL
Qualifications
1 5 (5.95%) Degree
Quality Assurance & Compliance
1 2 (2.38%) IFRS
1 2 (2.38%) IFRS 17
2 1 (1.19%) Actionable Recommendations
2 1 (1.19%) Data Quality
2 1 (1.19%) QA