Period
to

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 15 August 2022 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
15 Aug 2022
Same period 2021 Same period 2020
Rank 159 151 125
Rank change year-on-year -8 -26 +78
Contract jobs citing Reinsurance 35 22 7
As % of all contract jobs advertised in the City of London 0.78% 0.63% 0.33%
As % of the Miscellaneous category 2.33% 1.60% 0.96%
Number of daily rates quoted 20 17 6
10th Percentile £504 £485 £388
25th Percentile £513 £513 £453
Median daily rate (50th Percentile) £550 £600 £488
Median % change year-on-year -8.33% +23.08% -11.36%
75th Percentile £591 £769 £538
90th Percentile £688 £1,100 £631
Central London median daily rate £550 £600 £488
% change year-on-year -8.33% +23.08% -11.36%

Reinsurance is in the General and Transferable 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 Skills
City of London
Contract vacancies with a requirement for generic IT skills 1,501 1,371 726
As % of all contract IT jobs advertised in the City of London 33.50% 39.46% 34.12%
Number of daily rates quoted 995 974 501
10th Percentile £363 £381 £325
25th Percentile £485 £475 £425
Median daily rate (50th Percentile) £585 £600 £525
Median % change year-on-year -2.50% +14.29% -
75th Percentile £719 £688 £625
90th Percentile £825 £770 £713
Central London median daily rate £575 £600 £525
% change year-on-year -4.17% +14.29% -
Number of hourly rates quoted 25 24 28
10th Percentile £18.50 £8.00 £12.66
25th Percentile £21.25 £12.38 £18.25
Median hourly rate £43.24 £27.00 £37.63
Median % change year-on-year +60.15% -28.24% +83.54%
75th Percentile £55.75 £37.75 £44.28
90th Percentile £64.15 £42.93 £47.75
Central London median hourly rate £43.24 £23.50 £37.50
% change year-on-year +84.00% -37.33% +80.03%

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 15 August 2022.

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 15 August 2022, 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 18 (51.43%) Agile
2 13 (37.14%) Finance
2 13 (37.14%) Microsoft
2 13 (37.14%) Social Skills
3 11 (31.43%) Project Management
3 11 (31.43%) Stakeholder Management
4 10 (28.57%) Scrum
4 10 (28.57%) Relational Database
5 9 (25.71%) Change Management
5 9 (25.71%) SQL
6 8 (22.86%) SQL Server
6 8 (22.86%) DevOps
7 7 (20.00%) Azure
8 6 (17.14%) Bitbucket
8 6 (17.14%) Microsoft Excel
9 5 (14.29%) Microsoft Office
9 5 (14.29%) C
9 5 (14.29%) Kubernetes
9 5 (14.29%) Dashboard Development
9 5 (14.29%) Translating Business Requirements
9 5 (14.29%) Infrastructure Monitoring
9 5 (14.29%) Test Automation
9 5 (14.29%) MoSes
9 5 (14.29%) PowerShell
9 5 (14.29%) TeamCity
9 5 (14.29%) Git (software)
9 5 (14.29%) Statistics
9 5 (14.29%) Degree
9 5 (14.29%) Computer Science
9 5 (14.29%) Problem-Solving

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 2 (5.71%) SharePoint Server
Applications
1 6 (17.14%) Microsoft Excel
2 5 (14.29%) Microsoft Office
Business Applications
1 5 (14.29%) MoSes
Cloud Services
1 7 (20.00%) Azure
2 4 (11.43%) Power Platform
3 2 (5.71%) AWS
3 2 (5.71%) Azure DevOps
4 1 (2.86%) Amazon S3
4 1 (2.86%) Azure Functions
4 1 (2.86%) Azure Storage
4 1 (2.86%) PowerApps
4 1 (2.86%) Serverless
Database & Business Intelligence
1 10 (28.57%) Relational Database
2 8 (22.86%) SQL Server
3 3 (8.57%) Power BI
4 2 (5.71%) Data Warehouse
5 1 (2.86%) Amazon Athena
5 1 (2.86%) Biml
5 1 (2.86%) MS Access
5 1 (2.86%) NoSQL
5 1 (2.86%) SQL Server Integration Services
5 1 (2.86%) SQL Server Reporting Services
Development Applications
1 6 (17.14%) Bitbucket
2 5 (14.29%) Git (software)
2 5 (14.29%) TeamCity
3 3 (8.57%) JIRA
3 3 (8.57%) Team Foundation Server
4 1 (2.86%) Eclipse
General
1 13 (37.14%) Finance
1 13 (37.14%) Social Skills
2 3 (8.57%) Analytical Skills
2 3 (8.57%) Banking
2 3 (8.57%) Publishing
3 2 (5.71%) Documentation Skills
3 2 (5.71%) Front Office
3 2 (5.71%) Organisational Skills
3 2 (5.71%) Presentation Skills
Job Titles
1 13 (37.14%) Analyst
2 6 (17.14%) Business Analyst
3 5 (14.29%) Administrator
3 5 (14.29%) Insurance Business Analyst
3 5 (14.29%) Project Manager
3 5 (14.29%) Reinsurance Business Analyst
3 5 (14.29%) SQL Analyst
3 5 (14.29%) Systems Administrator
4 2 (5.71%) Change Manager
4 2 (5.71%) Developer
4 2 (5.71%) Product Analyst
4 2 (5.71%) Project Analyst
4 2 (5.71%) Reinsurance Project Manager
5 1 (2.86%) Business Intelligence Developer
5 1 (2.86%) Delivery Manager
5 1 (2.86%) IT Project Manager
5 1 (2.86%) Migration Engineer
5 1 (2.86%) Security Analyst
5 1 (2.86%) Senior Project Manager
5 1 (2.86%) SQL Developer
Libraries, Frameworks & Software Standards
1 2 (5.71%) React
1 2 (5.71%) REST
2 1 (2.86%) .NET
2 1 (2.86%) .NET Framework
2 1 (2.86%) AngularJS
2 1 (2.86%) ASP.NET
2 1 (2.86%) ASP.NET Core
2 1 (2.86%) ASP.NET Web API
2 1 (2.86%) Vue.js
Miscellaneous
1 2 (5.71%) Data Centre
1 2 (5.71%) Virtual Team
Processes & Methodologies
1 18 (51.43%) Agile
2 11 (31.43%) Project Management
2 11 (31.43%) Stakeholder Management
3 10 (28.57%) Scrum
4 9 (25.71%) Change Management
5 8 (22.86%) DevOps
6 5 (14.29%) Computer Science
6 5 (14.29%) Dashboard Development
6 5 (14.29%) Infrastructure Monitoring
6 5 (14.29%) Problem-Solving
6 5 (14.29%) Product Strategy
6 5 (14.29%) Statistics
6 5 (14.29%) Test Automation
6 5 (14.29%) Translating Business Requirements
7 4 (11.43%) Dependency Management
7 4 (11.43%) PRINCE2
7 4 (11.43%) Project Delivery
8 3 (8.57%) Business Analysis
8 3 (8.57%) Data Management
9 2 (5.71%) Supplier Management
Programming Languages
1 9 (25.71%) SQL
2 5 (14.29%) C
2 5 (14.29%) PowerShell
3 2 (5.71%) JavaScript
3 2 (5.71%) VBA
4 1 (2.86%) C#
4 1 (2.86%) Python
4 1 (2.86%) R
4 1 (2.86%) T-SQL
4 1 (2.86%) TypeScript
Qualifications
1 5 (14.29%) Computer Science Degree
1 5 (14.29%) Degree
2 2 (5.71%) APMG
2 2 (5.71%) ITIL Certification
2 2 (5.71%) PMP
Quality Assurance & Compliance
1 2 (5.71%) Data Quality
1 2 (5.71%) PMBOK
2 1 (2.86%) PMO
Systems Management
1 5 (14.29%) Kubernetes
Vendors
1 13 (37.14%) Microsoft
2 1 (2.86%) Guidewire
2 1 (2.86%) PeopleSoft