The median contractor rate for an Insurance Business Analyst was £500 per day in advertised job vacancies in the East of England during the 3 months to 26 June 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

Business Analyst - Insurance
England / East of England
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 123 115 141
Rank change year-on-year -8 +26  
Contract jobs requiring an Insurance Business Analyst 12 15 6
As % of all contract IT jobs advertised in the East of England 0.52% 0.60% 0.20%
As % of the Job Titles category 0.55% 0.62% 0.21%
Number of daily rates quoted 12 14 5
Median daily rate £500 £488 £475
Median daily rate % change year-on-year +2.56% +2.63%  
UK excluding London median daily rate £400 £475 £425
% change year-on-year -15.78% +11.76%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in the East of England. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
East of England
Contract job vacancies with a job title containing a recognized job role 2185 2403 2918
As % of all contract IT job vacancies advertised in the East of England 93.90% 96.16% 95.30%
Number of daily rates quoted 1267 1368 1734
Median daily rate £425 £400 £375
Median daily rate % change year-on-year +6.25% +6.66%  
90% offered a daily rate of more than £225 £163 £200
10% offered a daily rate of more than £550 £545 £500
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 173 192 253
Median hourly rate £17.50 £16.50 £17.00
Median hourly rate % change year-on-year +6.06% -2.94%  
90% offered a hourly rate of more than £11.02 £12.00 £10.50
10% offered a hourly rate of more than £45.00 £40.00 £41.00
UK excluding London median hourly rate £17.50 £17.45 £16.00
% change year-on-year +0.28% +9.06%  

Insurance Business Analyst
Job Vacancy Trend in the East of England

The job posting trend of jobs advertised in the East of England that featured Insurance Business Analyst in the job title.

Job vacancy trend for Insurance Business Analyst in the East of England

Insurance Business Analyst
Contractor Daily Rate Trend in the East of England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Insurance Business Analyst in the East of England.

Contractor daily rate trend for Insurance Business Analyst in the East of England

Insurance Business Analyst
Contract Job Locations in the East of England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Insurance Business Analyst within the East of England region over the 3 months to 26 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Suffolk +13 7 £500 -4.76%
Essex -17 5 £475 -2.56%
Insurance Business Analyst
England

Insurance Business Analyst Skill Set
Top 17 Co-occurring IT Skills in the East of England

For the 6 months to 26 June 2017, Insurance Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the East of England region featuring Insurance Business Analyst in the job title.

1 14 (63.64%) Reinsurance
2 12 (54.55%) Stakeholder Management
3 11 (50.00%) Project Management
3 11 (50.00%) Workflow
3 11 (50.00%) Process Improvement
4 8 (36.36%) Analytical Skills
5 3 (13.64%) Business Process Modelling
5 3 (13.64%) Data Modelling
5 3 (13.64%) Agile Software Development
6 2 (9.09%) User Stories
7 1 (4.55%) DevOps
7 1 (4.55%) Retail
7 1 (4.55%) JIRA
7 1 (4.55%) Citrix
7 1 (4.55%) E-Commerce
7 1 (4.55%) Waterfall
7 1 (4.55%) Use Case

Insurance Business Analyst Skill Set
Co-occurring IT Skills in the East of England 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:

Development Applications
1 1 (4.55%) JIRA
General
1 1 (4.55%) Retail
Miscellaneous
1 14 (63.64%) Reinsurance
2 8 (36.36%) Analytical Skills
Processes & Methodologies
1 12 (54.55%) Stakeholder Management
2 11 (50.00%) Process Improvement
2 11 (50.00%) Project Management
2 11 (50.00%) Workflow
3 3 (13.64%) Agile Software Development
3 3 (13.64%) Business Process Modelling
3 3 (13.64%) Data Modelling
4 2 (9.09%) User Stories
5 1 (4.55%) DevOps
5 1 (4.55%) E-Commerce
5 1 (4.55%) Use Case
5 1 (4.55%) Waterfall
Vendors
1 1 (4.55%) Citrix