Period
to 4 December 2021

The table below looks at the prevalence of the term Reinsurance in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Reinsurance over the 6 months to 4 December 2021 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
Central London > City of London
6 months to
4 Dec 2021
Same period 2020 Same period 2019
Rank 149 113 183
Rank change year-on-year -36 +70 +16
Contract jobs citing Reinsurance 32 9 36
As % of all contract jobs advertised in the City of London 0.80% 0.45% 0.62%
As % of the Miscellaneous category 2.19% 1.27% 2.07%
Number of daily rates quoted 30 6 33
10th Percentile £475 " £413
25th Percentile £525 £463 £450
Median daily rate (50th Percentile) £575 £475 £550
Median % change year-on-year +21.05% -13.64% +10.00%
75th Percentile £703 £488 £575
90th Percentile £853 £600 £618
Central London median daily rate £575 £475 £550
% change year-on-year +21.05% -13.64% +10.00%

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 the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 1,459 710 1,737
As % of all contract IT jobs advertised in the City of London 36.28% 35.66% 30.08%
Number of daily rates quoted 1,110 507 1,344
10th Percentile £381 £325 £300
25th Percentile £488 £425 £413
Median daily rate (50th Percentile) £575 £525 £525
Median % change year-on-year +9.52% - -
75th Percentile £688 £638 £625
90th Percentile £788 £725 £700
Central London median daily rate £575 £525 £525
% change year-on-year +9.52% - -
Number of hourly rates quoted 22 22 23
10th Percentile £20.78 £14.03 £12.15
25th Percentile £32.61 £23.00 £13.01
Median hourly rate £38.00 £35.75 £20.83
Median % change year-on-year +6.29% +71.63% +8.21%
75th Percentile £58.94 £44.50 £23.34
90th Percentile £62.65 £47.58 £48.38
Central London median hourly rate £38.50 £33.75 £21.00
% change year-on-year +14.07% +60.71% +9.09%

Reinsurance
Job Vacancy Trend in the City of London

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

Job vacancy trend for Reinsurance in the City of London

Reinsurance
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Reinsurance in the City of London.

Daily rate trend for Reinsurance in the City of London

Reinsurance
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Reinsurance in the City of London over the 6 months to 4 December 2021.

Daily rate histogram for Reinsurance in the City of London

Reinsurance
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Reinsurance in the City of London.

Hourly rate trend for Reinsurance in the City of London

For the 6 months to 4 December 2021, 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 City of London region with a requirement for Reinsurance.

1 21 (65.63%) Finance
2 19 (59.38%) SQL
3 14 (43.75%) Analytics
4 11 (34.38%) Microsoft
4 11 (34.38%) Social Skills
5 10 (31.25%) Business Intelligence
5 10 (31.25%) Azure
6 8 (25.00%) Agile Software Development
6 8 (25.00%) Data Warehouse
6 8 (25.00%) ITIL
7 7 (21.88%) Systems Analysis
7 7 (21.88%) Business Analysis
7 7 (21.88%) Target Operating Model
8 6 (18.75%) Power BI
8 6 (18.75%) Computer Science Degree
8 6 (18.75%) Power Platform
8 6 (18.75%) Information Management
8 6 (18.75%) Retail
8 6 (18.75%) Degree
8 6 (18.75%) AWS
8 6 (18.75%) Computer Science
8 6 (18.75%) iSeries
8 6 (18.75%) Business Analytics
8 6 (18.75%) Guidewire
8 6 (18.75%) DB2
8 6 (18.75%) ITIL Certification
8 6 (18.75%) Migration
9 5 (15.63%) Project Management
9 5 (15.63%) Banking
10 4 (12.50%) User Acceptance Testing

Reinsurance
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:

Application Platforms
1 1 (3.13%) Appian
1 1 (3.13%) IIS
1 1 (3.13%) SharePoint
Applications
1 3 (9.38%) Microsoft Excel
Cloud Services
1 10 (31.25%) Azure
2 6 (18.75%) AWS
2 6 (18.75%) Power Platform
3 2 (6.25%) Microsoft 365
Communications & Networking
1 1 (3.13%) Internet
Database & Business Intelligence
1 8 (25.00%) Data Warehouse
2 6 (18.75%) DB2
2 6 (18.75%) Power BI
3 2 (6.25%) SQL Server
4 1 (3.13%) Metadata
4 1 (3.13%) SAP HANA
4 1 (3.13%) Semantic Layer
Development Applications
1 3 (9.38%) JIRA
2 1 (3.13%) Cypress.io
2 1 (3.13%) ERwin
General
1 21 (65.63%) Finance
2 11 (34.38%) Social Skills
3 6 (18.75%) Retail
4 5 (15.63%) Banking
5 4 (12.50%) Analytical Skills
6 2 (6.25%) Investment Banking
7 1 (3.13%) Advertising
7 1 (3.13%) Documentation Skills
7 1 (3.13%) Legal
7 1 (3.13%) Organisational Skills
7 1 (3.13%) Presentation Skills
7 1 (3.13%) Retail Banking
Job Titles
1 16 (50.00%) Analyst
2 10 (31.25%) Business Systems Analyst
2 10 (31.25%) Insurance Systems Analyst
2 10 (31.25%) Project Manager
2 10 (31.25%) Systems Analyst
3 9 (28.13%) SQL Analyst
4 3 (9.38%) Software Analyst
4 3 (9.38%) SQL Support Analyst
4 3 (9.38%) Systems Support
4 3 (9.38%) Systems Support Analyst
4 3 (9.38%) Technical Analyst
5 2 (6.25%) Applications Support Analyst
5 2 (6.25%) Business Support Analyst
5 2 (6.25%) Contracts Manager
5 2 (6.25%) ERP Project Manager
5 2 (6.25%) Implementation Manager
5 2 (6.25%) Implementation Project Manager
5 2 (6.25%) Migration Project Manager
5 2 (6.25%) Support Analyst
5 2 (6.25%) Technical Support Analyst
Libraries, Frameworks & Software Standards
1 3 (9.38%) .NET
2 1 (3.13%) ADO
2 1 (3.13%) ASP.NET
2 1 (3.13%) React
Miscellaneous
1 6 (18.75%) iSeries
2 2 (6.25%) Management Information System
2 2 (6.25%) Tandem
3 1 (3.13%) iPhone
3 1 (3.13%) Video Conferencing
Operating Systems
1 1 (3.13%) Windows
1 1 (3.13%) Windows Server
Processes & Methodologies
1 14 (43.75%) Analytics
2 10 (31.25%) Business Intelligence
3 8 (25.00%) Agile Software Development
3 8 (25.00%) ITIL
4 7 (21.88%) Business Analysis
4 7 (21.88%) Systems Analysis
4 7 (21.88%) Target Operating Model
5 6 (18.75%) Business Analytics
5 6 (18.75%) Computer Science
5 6 (18.75%) Information Management
5 6 (18.75%) Migration
6 5 (15.63%) Project Management
7 4 (12.50%) Catastrophe Modelling
7 4 (12.50%) Change Control
7 4 (12.50%) PRINCE2
7 4 (12.50%) Problem-Solving
7 4 (12.50%) Project Delivery
7 4 (12.50%) Scrum
7 4 (12.50%) User Acceptance Testing
8 3 (9.38%) Data Entry
Programming Languages
1 19 (59.38%) SQL
2 4 (12.50%) C
3 3 (9.38%) T-SQL
4 2 (6.25%) C#
5 1 (3.13%) JavaScript
5 1 (3.13%) Python
5 1 (3.13%) R
5 1 (3.13%) TypeScript
5 1 (3.13%) VB
5 1 (3.13%) VB.NET
Qualifications
1 6 (18.75%) Computer Science Degree
1 6 (18.75%) Degree
1 6 (18.75%) ITIL Certification
2 2 (6.25%) PRINCE2 Certification
3 1 (3.13%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 2 (6.25%) PMO
2 1 (3.13%) IFRS
2 1 (3.13%) QA
2 1 (3.13%) Solvency II
Vendors
1 11 (34.38%) Microsoft
2 6 (18.75%) Guidewire
3 3 (9.38%) Anaplan
4 2 (6.25%) Atlassian
4 2 (6.25%) Citrix
5 1 (3.13%) Sage
5 1 (3.13%) SAP
5 1 (3.13%) SunGard