Period
to 24 November 2017

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Statistical Modelling skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Statistical Modelling over the 6 months to 24 November 2017 with a comparison to the 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.

Statistical Modelling
Central London > City of London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 237 236 262
Rank change year-on-year -1 +26 +32
Contract jobs citing Statistical Modelling 4 4 9
As % of all contract IT jobs advertised in the City of London 0.056% 0.060% 0.099%
As % of the Processes & Methodologies category 0.063% 0.069% 0.12%
Number of daily rates quoted 3 3 7
City of London median daily rate £475 £325 £588
Median daily rate % change year-on-year +46.15% -44.68% +67.86%
10th Percentile £241 £283 £384
90th Percentile £898 £440 £620
Central London median daily rate £475 £325 £556
% change year-on-year +46.15% -41.57% +56.69%
Number of hourly rates quoted 0 1 0
City of London median hourly rate - £19.92 -
Central London median hourly rate - £19.92 -

Statistical Modelling is in the Processes and Methodologies 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 process or methodology skills.

All Process and Methodology Skills
City of London
Contract vacancies with a requirement for process or methodology skills 6319 5832 7631
As % of all contract IT jobs advertised in the City of London 88.37% 87.48% 83.96%
Number of daily rates quoted 5024 4654 6069
City of London median daily rate £511 £475 £465
Median daily rate % change year-on-year +7.63% +2.15% +3.33%
10th Percentile £325 £318 £288
90th Percentile £688 £675 £650
Central London median daily rate £500 £475 £460
% change year-on-year +5.26% +3.26% +3.37%
Number of hourly rates quoted 58 53 74
City of London median hourly rate £20.25 £20.00 £21.13
Median hourly rate % change year-on-year +1.25% -5.33% +11.18%
10th Percentile £13.34 £13.55 £10.91
90th Percentile £32.36 £54.03 £45.15
Central London median hourly rate £20.86 £19.00 £21.00
% change year-on-year +9.80% -9.52% +16.67%

Statistical Modelling
Job Vacancy Trend in the City of London

Job postings citing Statistical Modelling as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Statistical Modelling in the City of London

Statistical Modelling
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 Statistical Modelling in the City of London.

Contractor daily rate trend for Statistical Modelling in the City of London

Statistical Modelling
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Statistical Modelling in the City of London over the 6 months to 24 November 2017.

Contractor daily rate histogram for Statistical Modelling in the City of London

For the 6 months to 24 November 2017, IT contractor jobs citing Statistical Modelling also mentioned the following 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 with a requirement for Statistical Modelling.

1 3 (75.00%) Analytical Skills
2 2 (50.00%) Visualisation
2 2 (50.00%) Data Visualisation
2 2 (50.00%) Tableau
2 2 (50.00%) Finance
2 2 (50.00%) Service Delivery
2 2 (50.00%) VBA
2 2 (50.00%) Microsoft Excel
2 2 (50.00%) Data Analysis
2 2 (50.00%) Mathematics
3 1 (25.00%) Computer Science
3 1 (25.00%) QlikView
3 1 (25.00%) Swaptions
3 1 (25.00%) Market Risk
3 1 (25.00%) Google Analytics
3 1 (25.00%) Digital Marketing
3 1 (25.00%) Stochastic Calculus
3 1 (25.00%) DV Cleared
3 1 (25.00%) Security Cleared
3 1 (25.00%) Monte Carlo Method
3 1 (25.00%) Hadoop
3 1 (25.00%) Economics
3 1 (25.00%) Google
3 1 (25.00%) Statistical Analysis
3 1 (25.00%) Pay per click
3 1 (25.00%) Exotic Derivative
3 1 (25.00%) Derivative
3 1 (25.00%) Equity Derivative
3 1 (25.00%) Statistics
3 1 (25.00%) Marketing

Statistical Modelling
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 (50.00%) Microsoft Excel
2 1 (25.00%) Microsoft Office
Business Applications
1 1 (25.00%) WebTrends
Cloud Services
1 1 (25.00%) Google Analytics
1 1 (25.00%) Google Cloud Platform
1 1 (25.00%) Google Tag Manager
Database & Business Intelligence
1 1 (25.00%) Big Data
1 1 (25.00%) BigQuery
1 1 (25.00%) Data Mining
1 1 (25.00%) Geospatial Data
1 1 (25.00%) GIS
1 1 (25.00%) Hadoop
1 1 (25.00%) Power BI
1 1 (25.00%) QlikView
General
1 2 (50.00%) Finance
2 1 (25.00%) Front Office
2 1 (25.00%) Marketing
Job Titles
1 3 (75.00%) Analyst
2 2 (50.00%) Data Analyst
3 1 (25.00%) Business Intelligence Analyst
3 1 (25.00%) E-Commerce Analyst
Miscellaneous
1 3 (75.00%) Analytical Skills
2 1 (25.00%) Analytical Mindset
2 1 (25.00%) Computer Science
2 1 (25.00%) Derivative
2 1 (25.00%) Equity Derivative
2 1 (25.00%) Exotic Derivative
2 1 (25.00%) Fixed Income
2 1 (25.00%) Foreign Exchange (FX)
2 1 (25.00%) Management Information System
2 1 (25.00%) Market Risk
2 1 (25.00%) Swaptions
Processes & Methodologies
1 2 (50.00%) Data Analysis
1 2 (50.00%) Data Visualisation
1 2 (50.00%) Mathematics
1 2 (50.00%) Service Delivery
1 2 (50.00%) Visualisation
2 1 (25.00%) Agile Software Development
2 1 (25.00%) Benchmarking
2 1 (25.00%) Business Intelligence
2 1 (25.00%) Creative Problem-Solving
2 1 (25.00%) E-Commerce
2 1 (25.00%) Economics
2 1 (25.00%) Monte Carlo Method
2 1 (25.00%) Pay per click
2 1 (25.00%) Risk Management
2 1 (25.00%) SEO
2 1 (25.00%) Statistical Analysis
2 1 (25.00%) Statistics
2 1 (25.00%) Tag Management
2 1 (25.00%) Trend Analysis
2 1 (25.00%) Validation
Programming Languages
1 2 (50.00%) VBA
2 1 (25.00%) C#
2 1 (25.00%) JavaScript
2 1 (25.00%) SQL
Qualifications
1 1 (25.00%) Degree
1 1 (25.00%) DV Cleared
1 1 (25.00%) Security Cleared
Quality Assurance & Compliance
1 1 (25.00%) Data Quality
Vendors
1 2 (50.00%) Tableau
2 1 (25.00%) Ensighten
2 1 (25.00%) Google