Period
to 31 March 2020

The table below looks at the prevalence of the term Reinsurance in contract job vacancies advertised in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Reinsurance over the 6 months to 31 March 2020 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Reinsurance
London > Central London
6 months to
31 Mar 2020
Same period 2019 Same period 2018
Rank 181 247 239
Rank change year-on-year +66 -8 -22
Contract jobs citing Reinsurance 23 47 55
As % of all contract jobs advertised in Central London 0.43% 0.53% 0.59%
As % of the Miscellaneous category 1.23% 1.43% 1.52%
Number of daily rates quoted 19 29 36
Median daily rate £475 £500 £538
Median daily rate % change year-on-year -5.00% -6.98% +7.50%
10th Percentile £413 £414 £409
90th Percentile £628 £605 £656
London median daily rate £500 £475 £518
% change year-on-year +5.26% -8.21% +6.98%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
London median hourly rate - - -

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

All Generic IT Skills
Central London
Contract vacancies with a requirement for generic IT skills 1,877 3,281 3,629
As % of all contract IT jobs advertised in Central London 35.23% 36.86% 39.16%
Number of daily rates quoted 1,337 2,358 2,805
Median daily rate £510 £525 £525
Median daily rate % change year-on-year -2.86% - +6.06%
10th Percentile £294 £313 £313
90th Percentile £688 £688 £725
London median daily rate £525 £525 £500
% change year-on-year - +5.00% +5.26%
Number of hourly rates quoted 50 47 58
Median hourly rate £25.72 £20.00 £21.50
Median hourly rate % change year-on-year +28.60% -6.98% +13.16%
10th Percentile £12.42 £13.73 £12.49
90th Percentile £51.35 £39.30 £48.33
Median hourly rate £28.00 £24.95 £22.50
% change year-on-year +12.22% +10.89% -7.82%

Reinsurance
Job Vacancy Trend in Central London

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

Job vacancy trend for Reinsurance in Central London

Reinsurance
Contractor Daily Rate Trend in Central London

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

Daily rate trend for Reinsurance in Central London

Reinsurance
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Reinsurance in Central London over the 6 months to 31 March 2020.

Daily rate histogram for Reinsurance in Central London

Reinsurance
Contractor Hourly Rate Trend in Central London

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

Hourly rate trend for Reinsurance in Central London

Reinsurance
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Reinsurance within the Central London region over the 6 months to 31 March 2020. 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
Job
Vacancies
City of London +45 23 £475 -5.00% 6
Reinsurance
London

For the 6 months to 31 March 2020, IT contractor jobs citing Reinsurance also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Central London region with a requirement for Reinsurance.

1 16 (69.57%) SQL
2 10 (43.48%) SQL Server
3 9 (39.13%) Agile Software Development
4 8 (34.78%) Data Modelling
5 7 (30.43%) Microsoft
5 7 (30.43%) Finance
6 6 (26.09%) SQL Server Integration Services
6 6 (26.09%) ETL
6 6 (26.09%) Microsoft Excel
7 5 (21.74%) Data Warehouse
7 5 (21.74%) Business Intelligence
7 5 (21.74%) SQL Server Reporting Services
7 5 (21.74%) IFRS
8 4 (17.39%) QlikView
8 4 (17.39%) Team Foundation Server
8 4 (17.39%) Analytics
8 4 (17.39%) Relational Database
8 4 (17.39%) Data Analysis
8 4 (17.39%) Migration
8 4 (17.39%) .NET
9 3 (13.04%) Data Mining
9 3 (13.04%) Stakeholder Management
9 3 (13.04%) Solvency II
10 2 (8.70%) Portfolio Management
10 2 (8.70%) Data Transformation
10 2 (8.70%) Logical Data Model
10 2 (8.70%) Physical Data Model
10 2 (8.70%) SDLC
10 2 (8.70%) Data Enrichment
10 2 (8.70%) Azure

Reinsurance
Co-occurring IT Skills in Central London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (8.70%) SAS
Applications
1 6 (26.09%) Microsoft Excel
Business Applications
1 1 (4.35%) Sparx Enterprise Architect
Cloud Services
1 2 (8.70%) AWS
1 2 (8.70%) Azure
1 2 (8.70%) SaaS
Database & Business Intelligence
1 10 (43.48%) SQL Server
2 6 (26.09%) SQL Server Integration Services
3 5 (21.74%) Data Warehouse
3 5 (21.74%) SQL Server Reporting Services
4 4 (17.39%) QlikView
4 4 (17.39%) Relational Database
5 3 (13.04%) Data Mining
6 2 (8.70%) Azure SQL Data Warehouse
6 2 (8.70%) Crystal Reports
6 2 (8.70%) MS Access
6 2 (8.70%) RDBMS
6 2 (8.70%) SQL Server 2016
7 1 (4.35%) NoSQL
7 1 (4.35%) Parquet
Development Applications
1 4 (17.39%) Team Foundation Server
2 2 (8.70%) Bitbucket
2 2 (8.70%) Toad
3 1 (4.35%) Eclipse
3 1 (4.35%) SQL Server Management Studio (SSMS)
General
1 7 (30.43%) Finance
Job Titles
1 9 (39.13%) Analyst
2 6 (26.09%) Developer
3 5 (21.74%) SQL Developer
4 4 (17.39%) Data Modeller
5 3 (13.04%) Business Intelligence Developer
5 3 (13.04%) ETL Developer
6 2 (8.70%) .NET Applications Developer
6 2 (8.70%) .NET Developer
6 2 (8.70%) Analyst Developer
6 2 (8.70%) Analyst Programmer
6 2 (8.70%) Applications Developer
6 2 (8.70%) Business Intelligence Analyst
6 2 (8.70%) Data Analyst
6 2 (8.70%) Data Warehouse Analyst
6 2 (8.70%) Data Warehouse Developer
6 2 (8.70%) Programmer
6 2 (8.70%) Solutions Architect
6 2 (8.70%) SQL Data Analyst
6 2 (8.70%) SQL Server Developer
6 2 (8.70%) VB.NET Developer
Libraries, Frameworks & Software Standards
1 4 (17.39%) .NET
2 2 (8.70%) ASP.NET
2 2 (8.70%) XML
3 1 (4.35%) JSON
Miscellaneous
1 2 (8.70%) Fat Client
1 2 (8.70%) Management Information System
1 2 (8.70%) Thin Client
2 1 (4.35%) Data Structures
2 1 (4.35%) Self-Motivation
Processes & Methodologies
1 9 (39.13%) Agile Software Development
2 8 (34.78%) Data Modelling
3 6 (26.09%) ETL
4 5 (21.74%) Business Intelligence
5 4 (17.39%) Analytics
5 4 (17.39%) Data Analysis
5 4 (17.39%) Migration
6 3 (13.04%) Stakeholder Management
7 2 (8.70%) Change Management
7 2 (8.70%) Data Analytics
7 2 (8.70%) Data Cleansing
7 2 (8.70%) Data Governance
7 2 (8.70%) Data Mapping
7 2 (8.70%) Data Protection
7 2 (8.70%) Data Validation
7 2 (8.70%) Information Management
7 2 (8.70%) Portfolio Management
7 2 (8.70%) TOGAF
7 2 (8.70%) Validation
7 2 (8.70%) Waterfall
Programming Languages
1 16 (69.57%) SQL
2 2 (8.70%) Java
2 2 (8.70%) T-SQL
2 2 (8.70%) VB
2 2 (8.70%) VB.NET
3 1 (4.35%) C
Qualifications
1 1 (4.35%) Degree
Quality Assurance & Compliance
1 5 (21.74%) IFRS
2 3 (13.04%) Solvency II
3 2 (8.70%) GDPR
Vendors
1 7 (30.43%) Microsoft
2 2 (8.70%) Cognos
2 2 (8.70%) DocuSign
3 1 (4.35%) Sparx