Product Analyst
UK

The median Product Analyst salary in the UK is £85,000 per year according to job vacancies posted during the 6 months to 26 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
26 Apr 2024
Same period 2023 Same period 2022
Rank 681 854 878
Rank change year-on-year +173 +24 -97
Permanent jobs requiring a Product Analyst 215 139 343
As % of all permanent jobs advertised in the UK 0.22% 0.13% 0.22%
As % of the Job Titles category 0.23% 0.14% 0.23%
Number of salaries quoted 50 98 179
10th Percentile £36,250 £40,000 £33,500
25th Percentile £47,500 £45,000 £41,250
Median annual salary (50th Percentile) £85,000 £60,000 £54,000
Median % change year-on-year +41.67% +11.11% -1.82%
75th Percentile £105,000 £67,500 £66,250
90th Percentile £119,125 £81,250 £91,000
UK excluding London median annual salary £50,000 £55,000 £45,000
% change year-on-year -9.09% +22.22% -7.69%

All Permanent IT Job Vacancies
UK

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

Permanent vacancies in the UK with a recognized job title 92,901 95,961 148,050
% of permanent jobs with a recognized job title 94.62% 91.57% 96.06%
Number of salaries quoted 66,751 60,281 85,224
10th Percentile £28,500 £32,500 £32,500
25th Percentile £38,500 £45,000 £42,500
Median annual salary (50th Percentile) £52,686 £60,000 £60,000
Median % change year-on-year -12.19% - +9.09%
75th Percentile £71,250 £81,250 £78,750
90th Percentile £90,000 £100,000 £95,495
UK excluding London median annual salary £50,000 £52,500 £50,000
% change year-on-year -4.76% +5.00% +5.26%

Product Analyst
Job Vacancy Trend

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

Job vacancy trend for Product Analyst in the UK

Product Analyst
Salary Trend

3-month moving average salary quoted in jobs citing Product Analyst.

Salary trend for Product Analyst in the UK

Product Analyst
Salary Histogram

Salary distribution for jobs citing Product Analyst over the 6 months to 26 April 2024.

Salary histogram for Product Analyst in the UK

Product Analyst
Top 15 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Product 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
England +188 204 £90,000 +50.00% 22
UK excluding London +107 160 £50,000 -9.09% 11
Midlands +121 132 £37,500 -25.00%
West Midlands +130 120 - -
London +107 52 £90,000 +50.00% 12
Work from Home +74 52 £90,000 +50.00% 13
East Midlands -7 12 £37,500 -26.83%
South West -17 9 £50,000 -41.18% 3
North of England +42 8 £67,500 -12.90% 4
North West +7 7 - - 4
Wales +11 4 - -
Scotland -59 4 £42,500 -15.00%
South East +11 2 - - 2
East of England +23 1 - - 2
Yorkshire - 1 £67,500 -

Product Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 26 April 2024, Product 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 featuring Product Analyst in the job title.

1 148 (68.84%) Social Skills
2 145 (67.44%) Analytical Skills
3 140 (65.12%) Problem-Solving
4 134 (62.33%) Continuous Improvement
5 132 (61.40%) Degree
6 125 (58.14%) Microsoft Office
6 125 (58.14%) Customer Service
7 124 (57.67%) Mathematics
8 120 (55.81%) Influencing Skills
8 120 (55.81%) Organisational Skills
8 120 (55.81%) Customer Requirements
9 62 (28.84%) Agile
10 51 (23.72%) Product Ownership
11 47 (21.86%) SQL
12 45 (20.93%) Finance
13 41 (19.07%) Python
14 38 (17.67%) Artificial Intelligence
15 36 (16.74%) Asset Management
16 34 (15.81%) Fixed Income
16 34 (15.81%) Front Office
17 33 (15.35%) Investment Management
18 32 (14.88%) Derivative
18 32 (14.88%) Machine Learning
18 32 (14.88%) Hedge funds
18 32 (14.88%) Equities
18 32 (14.88%) Foreign Exchange (FX)
19 30 (13.95%) Product Management
19 30 (13.95%) Analytics
20 28 (13.02%) AWS
21 26 (12.09%) Stakeholder Management

Product 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:

Application Platforms
1 4 (1.86%) SharePoint
2 1 (0.47%) Appian
Applications
1 125 (58.14%) Microsoft Office
2 9 (4.19%) Microsoft Excel
Business Applications
1 1 (0.47%) Oracle Receivables
Cloud Services
1 28 (13.02%) AWS
2 18 (8.37%) SaaS
3 12 (5.58%) Power Platform
4 4 (1.86%) Amazon CloudWatch
4 4 (1.86%) Amazon S3
5 1 (0.47%) PaaS
5 1 (0.47%) Snowflake
Communications & Networking
1 6 (2.79%) WebEx
Database & Business Intelligence
1 12 (5.58%) Power BI
2 8 (3.72%) MySQL
2 8 (3.72%) Tableau
3 4 (1.86%) Power Query
3 4 (1.86%) Relational Database
4 2 (0.93%) Oracle Database
5 1 (0.47%) Data Lake
5 1 (0.47%) Data Mining
Development Applications
1 13 (6.05%) JIRA
2 4 (1.86%) Jenkins
2 4 (1.86%) Postman
3 2 (0.93%) PowerBuilder
General
1 148 (68.84%) Social Skills
2 145 (67.44%) Analytical Skills
3 120 (55.81%) Influencing Skills
3 120 (55.81%) Organisational Skills
4 45 (20.93%) Finance
5 34 (15.81%) Front Office
6 15 (6.98%) Retail
7 9 (4.19%) Presentation Skills
8 7 (3.26%) Marketing
9 4 (1.86%) Banking
10 2 (0.93%) Inclusion and Diversity
10 2 (0.93%) Investment Banking
10 2 (0.93%) Law
10 2 (0.93%) Legal
10 2 (0.93%) Manufacturing
10 2 (0.93%) Tech for Good
11 1 (0.47%) Financial Institution
Libraries, Frameworks & Software Standards
1 1 (0.47%) .NET
1 1 (0.47%) .NET Framework
1 1 (0.47%) REST
Miscellaneous
1 51 (23.72%) Product Ownership
2 34 (15.81%) Fixed Income
3 32 (14.88%) Derivative
3 32 (14.88%) Equities
3 32 (14.88%) Foreign Exchange (FX)
3 32 (14.88%) Hedge funds
4 7 (3.26%) Analytical Mindset
5 6 (2.79%) Video Conferencing
6 4 (1.86%) Driving Licence
6 4 (1.86%) Management Information System
6 4 (1.86%) PMI
7 3 (1.40%) Onboarding
7 3 (1.40%) Self-Motivation
8 2 (0.93%) Marketing Technology
8 2 (0.93%) Reinsurance
9 1 (0.47%) Algorithms
9 1 (0.47%) Data Structures
9 1 (0.47%) Low-Code
9 1 (0.47%) Video on Demand
Operating Systems
1 8 (3.72%) Apple iOS
2 4 (1.86%) Unix
2 4 (1.86%) Windows
Processes & Methodologies
1 140 (65.12%) Problem-Solving
2 134 (62.33%) Continuous Improvement
3 125 (58.14%) Customer Service
4 124 (57.67%) Mathematics
5 120 (55.81%) Customer Requirements
6 62 (28.84%) Agile
7 38 (17.67%) Artificial Intelligence
8 36 (16.74%) Asset Management
9 33 (15.35%) Investment Management
10 32 (14.88%) Machine Learning
11 30 (13.95%) Analytics
11 30 (13.95%) Product Management
12 26 (12.09%) Stakeholder Management
13 17 (7.91%) Roadmaps
14 15 (6.98%) Decision-Making
15 11 (5.12%) Data-Driven Decision Making
15 11 (5.12%) User Experience
16 10 (4.65%) Product Backlog
16 10 (4.65%) Visualisation
17 9 (4.19%) User Stories
Programming Languages
1 47 (21.86%) SQL
2 41 (19.07%) Python
3 4 (1.86%) Java
3 4 (1.86%) JavaScript
4 2 (0.93%) PL/SQL
Qualifications
1 132 (61.40%) Degree
2 6 (2.79%) DBS Check
3 4 (1.86%) Computer Science Degree
3 4 (1.86%) PMI Certification
Quality Assurance & Compliance
1 4 (1.86%) SLA
2 3 (1.40%) GDPR
3 1 (0.47%) QA
System Software
1 2 (0.93%) Oracle RAC
Systems Management
1 2 (0.93%) Data Guard
Vendors
1 7 (3.26%) Microsoft
2 6 (2.79%) Alteryx
3 5 (2.33%) Apple
4 4 (1.86%) Oracle
4 4 (1.86%) Remedy
5 2 (0.93%) Bloomberg
5 2 (0.93%) ION Trading
6 1 (0.47%) Adobe
6 1 (0.47%) eFront
6 1 (0.47%) Salesforce