Period
to 17 November 2017

The median contractor rate for an Insurance Business Analyst was £500 per day in advertised job vacancies in the City of London during the 6 months to 17 November 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in 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.

Business Analyst - Insurance
Central London > City of London
6 months to
17 Nov 2017
Same period 2016 Same period 2015
Rank 229 193 225
Rank change year-on-year -36 +32 +35
Contract jobs requiring an Insurance Business Analyst 22 53 56
As % of all contract IT jobs advertised in the City of London 0.31% 0.79% 0.60%
As % of the Job Titles category 0.33% 0.82% 0.63%
Number of daily rates quoted 19 52 53
City of London median daily rate £500 £500 £425
Median daily rate % change year-on-year - +17.65% -5.56%
10th Percentile £453 £413 £369
90th Percentile £545 £575 £568
Central London median daily rate £500 £500 £425
% change year-on-year - +17.65% -5.56%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. 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.

All Contract IT Job Vacancies
City of London
Contract vacancies in the City of London with a recognized job title 6729 6429 8864
% of contract IT jobs with a recognized job title 94.52% 95.57% 95.28%
Number of daily rates quoted 5318 5109 6969
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £313 £270
90th Percentile £675 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.88%
Number of hourly rates quoted 94 79 129
City of London median hourly rate £17.00 £17.25 £18.00
Median hourly rate % change year-on-year -1.45% -4.17% +5.88%
10th Percentile £11.25 £11.45 £10.40
90th Percentile £29.29 £47.83 £37.35
Central London median hourly rate £18.05 £17.08 £18.00
% change year-on-year +5.66% -5.10% +10.23%

Insurance Business Analyst
Job Vacancy Trend in the City of London

Job postings that featured Insurance Business Analyst in the job title as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Insurance Business Analyst in the City of London

Insurance Business Analyst
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Insurance Business Analyst in the City of London.

Contractor daily rate trend for Insurance Business Analyst in the City of London

Insurance Business Analyst
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Insurance Business Analyst in the City of London over the 6 months to 17 November 2017.

Contractor daily rate histogram for Insurance Business Analyst in the City of London

Insurance Business Analyst Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 17 November 2017, Insurance Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region featuring Insurance Business Analyst in the job title.

1 9 (40.91%) Business Analysis
2 7 (31.82%) Agile Software Development
3 5 (22.73%) User Acceptance Testing
3 5 (22.73%) GDPR
4 4 (18.18%) User Stories
4 4 (18.18%) Stakeholder Management
4 4 (18.18%) Scrum
4 4 (18.18%) SQL
5 3 (13.64%) Eclipse
5 3 (13.64%) Project Management
5 3 (13.64%) Data Analysis
5 3 (13.64%) Workflow
5 3 (13.64%) Legal
5 3 (13.64%) Advertising
5 3 (13.64%) Process Improvement
5 3 (13.64%) SDLC
5 3 (13.64%) Integration Testing
5 3 (13.64%) Business Process Analysis
6 2 (9.09%) Data Governance
6 2 (9.09%) Traceability Matrix
6 2 (9.09%) Kanban
6 2 (9.09%) Use Case
6 2 (9.09%) Guidewire
6 2 (9.09%) Analytical Skills
6 2 (9.09%) Finance
6 2 (9.09%) Data Management
6 2 (9.09%) MS Visio
6 2 (9.09%) Data Modelling
6 2 (9.09%) Microsoft Office
6 2 (9.09%) Microsoft Excel

Insurance Business Analyst Skill Set
Co-occurring IT Skills in the City of 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:

Applications
1 2 (9.09%) Microsoft Excel
1 2 (9.09%) Microsoft Office
1 2 (9.09%) MS Visio
2 1 (4.55%) Microsoft PowerPoint
2 1 (4.55%) Microsoft Project
Database & Business Intelligence
1 1 (4.55%) Data Warehouse
1 1 (4.55%) IBM InfoSphere
1 1 (4.55%) QlikView
1 1 (4.55%) SQL Server
1 1 (4.55%) SQL Server Integration Services
Development Applications
1 3 (13.64%) Eclipse
2 1 (4.55%) JIRA
2 1 (4.55%) ProC
General
1 3 (13.64%) Advertising
1 3 (13.64%) Legal
2 2 (9.09%) Finance
3 1 (4.55%) Back Office
Miscellaneous
1 2 (9.09%) Analytical Skills
2 1 (4.55%) Reinsurance
Processes & Methodologies
1 9 (40.91%) Business Analysis
2 7 (31.82%) Agile Software Development
3 5 (22.73%) User Acceptance Testing
4 4 (18.18%) Scrum
4 4 (18.18%) Stakeholder Management
4 4 (18.18%) User Stories
5 3 (13.64%) Business Process Analysis
5 3 (13.64%) Data Analysis
5 3 (13.64%) Integration Testing
5 3 (13.64%) Process Improvement
5 3 (13.64%) Project Management
5 3 (13.64%) SDLC
5 3 (13.64%) Workflow
6 2 (9.09%) Data Governance
6 2 (9.09%) Data Management
6 2 (9.09%) Data Modelling
6 2 (9.09%) Kanban
6 2 (9.09%) Traceability Matrix
6 2 (9.09%) Use Case
7 1 (4.55%) Swim Lanes
Programming Languages
1 4 (18.18%) SQL
2 1 (4.55%) T-SQL
Qualifications
1 1 (4.55%) Degree
Quality Assurance & Compliance
1 5 (22.73%) GDPR
2 1 (4.55%) Data Quality
Vendors
1 2 (9.09%) Guidewire
2 1 (4.55%) Atlassian
2 1 (4.55%) Microsoft
2 1 (4.55%) MicroStrategy