Quantitative Analyst Contracts in the City of London

Quant Analyst
Central London > City of London

The median Quant Analyst daily rate in the City of London is £843 according to job vacancies posted during the 6 months to 7 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

 6 months to
7 May 2024		 Same period 2023 Same period 2022
Rank 121 134 174
Rank change year-on-year +13 +40 -43
Contract jobs requiring a Quantitative Analyst 3 36 17
As % of all contract jobs advertised in the City of London 0.14% 1.01% 0.40%
As % of the Job Titles category 0.15% 1.07% 0.43%
Number of daily rates quoted 3 7 4
10th Percentile £819 £793 £616
25th Percentile £820 £813 £791
Median daily rate (50th Percentile) £843 £850 £1,025
Median % change year-on-year -0.79% -17.07% +46.43%
75th Percentile £876 £875 £1,272
90th Percentile £883 £915 £1,289
Central London median daily rate £843 £850 £1,025
% change year-on-year -0.79% -17.07% +46.43%

All Contract IT Job Vacancies
City of London

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.

Contract vacancies in the City of London with a recognized job title 2,060 3,377 3,976
% of contract IT jobs with a recognized job title 95.06% 95.10% 94.60%
Number of daily rates quoted 1,462 2,292 3,001
10th Percentile £350 £350 £363
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £563 £600 £570
Median % change year-on-year -6.25% +5.26% +8.57%
75th Percentile £688 £725 £675
90th Percentile £800 £820 £775
Central London median daily rate £550 £590 £563
% change year-on-year -6.78% +4.89% +7.14%
Number of hourly rates quoted 15 22 52
10th Percentile £15.62 £15.50 £13.88
25th Percentile £20.22 £18.50 £18.50
Median hourly rate £23.00 £35.00 £36.00
Median % change year-on-year -34.29% -2.78% +105.71%
75th Percentile £27.25 £58.75 £51.00
90th Percentile £40.00 £87.97 £65.43
Central London median hourly rate £25.78 £35.00 £37.00
% change year-on-year -26.34% -5.41% +108.60%

Quantitative Analyst
Job Vacancy Trend in the City of London

Job postings that featured Quantitative Analyst in the job title as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Quantitative Analyst in the City of London

Quantitative Analyst
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for Quantitative Analyst in the City of London

Quantitative Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in the City of London

For the 6 months to 7 May 2024, Quantitative Analyst contract job roles required the following skills and capabilities 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 featuring Quantitative Analyst in the job title.

1 3 (100.00%) C#
1 3 (100.00%) C++
2 2 (66.67%) OO
2 2 (66.67%) Banking
2 2 (66.67%) Derivative
2 2 (66.67%) Interest Rate Derivative
2 2 (66.67%) International Banking
3 1 (33.33%) Degree
3 1 (33.33%) Mathematics
3 1 (33.33%) Computer Science
3 1 (33.33%) Multithreading
3 1 (33.33%) Monte Carlo Method
3 1 (33.33%) VC++
3 1 (33.33%) Microsoft
3 1 (33.33%) Validation
3 1 (33.33%) SQL
3 1 (33.33%) VBA
3 1 (33.33%) Oracle
3 1 (33.33%) XML
3 1 (33.33%) XSLT
3 1 (33.33%) Analytical Skills
3 1 (33.33%) Algorithms
3 1 (33.33%) Collateral Management
3 1 (33.33%) Multithreaded Programming
3 1 (33.33%) Quantitative Research
3 1 (33.33%) Master's Degree
3 1 (33.33%) Computer Science Degree
3 1 (33.33%) Self-Motivation
3 1 (33.33%) Problem-Solving
3 1 (33.33%) Model Validation

Quantitative Analyst Skill Set
Co-occurring Skills and Capabilities in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 2 (66.67%) Banking
1 2 (66.67%) International Banking
2 1 (33.33%) Analytical Skills
2 1 (33.33%) Social Skills
Libraries, Frameworks & Software Standards
1 1 (33.33%) XML
1 1 (33.33%) XSLT
Miscellaneous
1 2 (66.67%) Derivative
1 2 (66.67%) Interest Rate Derivative
2 1 (33.33%) Algorithms
2 1 (33.33%) Distributed Computing
2 1 (33.33%) Self-Motivation
Processes & Methodologies
1 2 (66.67%) OO
2 1 (33.33%) Collateral Management
2 1 (33.33%) Computer Science
2 1 (33.33%) Mathematics
2 1 (33.33%) Model Validation
2 1 (33.33%) Monte Carlo Method
2 1 (33.33%) Multithreaded Programming
2 1 (33.33%) Multithreading
2 1 (33.33%) Problem-Solving
2 1 (33.33%) Quantitative Research
2 1 (33.33%) Validation
Programming Languages
1 3 (100.00%) C#
1 3 (100.00%) C++
2 1 (33.33%) SQL
2 1 (33.33%) VBA
2 1 (33.33%) VC++
Qualifications
1 1 (33.33%) Computer Science Degree
1 1 (33.33%) Degree
1 1 (33.33%) Master's Degree
Vendors
1 1 (33.33%) Microsoft
1 1 (33.33%) Oracle
27 Quantitative Analyst jobs in London