Insurance Technology (Insurtech)
Central London > City of London
The table below provides summary statistics for contract job vacancies advertised in the City of London requiring Insurtech skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Insurtech over the 6 months leading up to 14 May 2025, comparing them to the same period in the previous two years.
| 6 months to 14 May 2025 |
Same period 2024 | Same period 2023 | |
|---|---|---|---|
| Rank | - | 126 | 170 |
| Rank change year-on-year | - | +44 | +10 |
| Contract jobs citing Insurtech | 0 | 1 | 3 |
| As % of all contract jobs advertised in the City of London | - | 0.046% | 0.084% |
| As % of the Processes & Methodologies category | - | 0.051% | 0.092% |
| Number of daily rates quoted | 0 | 1 | 3 |
| 10th Percentile | - | - | - |
| 25th Percentile | - | - | - |
| Median daily rate (50th Percentile) | - | £600 | £400 |
| Median % change year-on-year | - | +50.00% | -20.00% |
| 75th Percentile | - | - | £438 |
| 90th Percentile | - | - | £460 |
| Central London median daily rate | - | £600 | £400 |
| % change year-on-year | - | +50.00% | -13.51% |
All Process and Methodology Skills
City of London
Insurtech falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills in the City of London.
| Contract vacancies with a requirement for process or methodology skills | 1,624 | 1,955 | 3,266 |
| As % of all contract IT jobs advertised in the City of London | 93.44% | 90.51% | 91.46% |
| Number of daily rates quoted | 1,023 | 1,381 | 2,203 |
| 10th Percentile | £350 | £356 | £356 |
| 25th Percentile | £458 | £450 | £481 |
| Median daily rate (50th Percentile) | £565 | £568 | £600 |
| Median % change year-on-year | -0.44% | -5.42% | +4.35% |
| 75th Percentile | £680 | £688 | £730 |
| 90th Percentile | £775 | £813 | £825 |
| Central London median daily rate | £551 | £550 | £600 |
| % change year-on-year | +0.18% | -8.33% | +4.35% |
| Number of hourly rates quoted | 13 | 11 | 25 |
| 10th Percentile | £22.00 | £19.92 | £15.10 |
| 25th Percentile | £23.75 | £20.22 | £16.61 |
| Median hourly rate | £28.15 | £25.00 | £35.00 |
| Median % change year-on-year | +12.60% | -28.57% | -12.50% |
| 75th Percentile | £43.75 | £40.00 | £58.75 |
| 90th Percentile | £60.75 | £41.84 | £88.30 |
| Central London median hourly rate | £29.07 | £27.81 | £35.00 |
| % change year-on-year | +4.53% | -20.54% | -13.58% |
Insurtech
Job Vacancy Trend in the City of London
Job postings citing Insurtech as a proportion of all IT jobs advertised in the City of London.
Insurtech
Contractor Daily Rate Trend in the City of London
3-month moving average daily rate quoted in jobs citing Insurtech in the City of London.