Backtesting Contracts in England

Backtesting
UK > England

The table below provides summary statistics for contract job vacancies advertised in England requiring Backtesting skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Backtesting over the 6 months leading up to 19 July 2025, comparing them to the same period in the previous two years.

6 months to
19 Jul 2025
Same period 2024 Same period 2023
Rank 498 514 593
Rank change year-on-year +16 +79 +161
Contract jobs citing Backtesting 8 32 30
As % of all contract jobs advertised in England 0.029% 0.089% 0.064%
As % of the Processes & Methodologies category 0.032% 0.10% 0.071%
Number of daily rates quoted 7 20 16
10th Percentile £435 £519 £418
25th Percentile £550 £738 £656
Median daily rate (50th Percentile) £750 £838 £838
Median % change year-on-year -10.45% - +15.52%
75th Percentile £800 £1,059 £1,188
90th Percentile £825 £1,200 -
UK median daily rate £675 £838 £838
% change year-on-year -19.40% - +19.64%

All Process and Methodology Skills
England

Backtesting falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills in England.

Contract vacancies with a requirement for process or methodology skills 24,848 30,886 42,145
As % of all contract IT jobs advertised in England 90.63% 85.69% 89.59%
Number of daily rates quoted 15,947 20,129 29,482
10th Percentile £300 £310 £325
25th Percentile £406 £413 £440
Median daily rate (50th Percentile) £513 £525 £550
Median % change year-on-year -2.38% -4.55% -
75th Percentile £638 £645 £666
90th Percentile £745 £750 £763
UK median daily rate £500 £525 £550
% change year-on-year -4.76% -4.55% -
Number of hourly rates quoted 1,320 2,079 1,488
10th Percentile £14.20 £13.18 £14.00
25th Percentile £17.87 £16.84 £18.50
Median hourly rate £25.15 £38.50 £42.50
Median % change year-on-year -34.68% -9.41% +63.46%
75th Percentile £53.75 £63.75 £65.00
90th Percentile £71.46 £73.75 £77.50
UK median hourly rate £25.15 £38.12 £41.81
% change year-on-year -34.02% -8.83% +58.73%

Backtesting
Job Vacancy Trend in England

Job postings citing Backtesting as a proportion of all IT jobs advertised in England.

Job vacancy trend for Backtesting in England

Backtesting
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Backtesting in England.

Daily rate trend for Backtesting in England

Backtesting
Daily Rate Histogram in England

Daily rate distribution for jobs citing Backtesting in England over the 6 months to 19 July 2025.

Daily rate histogram for Backtesting in England

Backtesting
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Backtesting in England.

Hourly rate trend for Backtesting in England

Backtesting
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Backtesting within the England region over the 6 months to 19 July 2025. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
London +18 8 £750 -10.45% 34
Backtesting
UK

Backtesting
Co-occurring Skills and Capabilities in England 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:

Applications
1 1 (12.50%) EViews
Database & Business Intelligence
1 3 (37.50%) KDB
General
1 6 (75.00%) Finance
2 4 (50.00%) Front Office
3 2 (25.00%) Analytical Skills
3 2 (25.00%) Social Skills
4 1 (12.50%) Automotive
Job Titles
1 3 (37.50%) Developer
1 3 (37.50%) Python Developer
2 2 (25.00%) Analyst
2 2 (25.00%) Project Manager
3 1 (12.50%) Financial Analyst
3 1 (12.50%) Front Office Developer
3 1 (12.50%) Qualitative Analyst
3 1 (12.50%) Quantitative Analyst
3 1 (12.50%) Research Analyst
3 1 (12.50%) Risk Manager
3 1 (12.50%) Risk Project Manager
3 1 (12.50%) Test Manager
3 1 (12.50%) Test Project Manager
3 1 (12.50%) Transformation Manager
3 1 (12.50%) Transformation Project Manager
Libraries, Frameworks & Software Standards
1 3 (37.50%) NumPy
1 3 (37.50%) Pandas
Miscellaneous
1 3 (37.50%) Equities
1 3 (37.50%) Fixed Income
1 3 (37.50%) Virtual Team
2 2 (25.00%) Credit Risk
2 2 (25.00%) Derivative
3 1 (12.50%) Data Protection Act
3 1 (12.50%) Greenfield Project
3 1 (12.50%) Market Risk
3 1 (12.50%) OTC Derivatives
Processes & Methodologies
1 4 (50.00%) Quantitative Finance
1 4 (50.00%) Quantitative Research
2 3 (37.50%) Agile
2 3 (37.50%) Clean Code
2 3 (37.50%) Code Quality
2 3 (37.50%) Collaborative Working
2 3 (37.50%) Computer Science
2 3 (37.50%) Continuous Deployment
2 3 (37.50%) Data Engineering
2 3 (37.50%) Decision-Making
2 3 (37.50%) Financial Modelling
2 3 (37.50%) OOP
2 3 (37.50%) TDD
3 2 (25.00%) Validation
4 1 (12.50%) Econometrics
4 1 (12.50%) Mathematics
4 1 (12.50%) Physics
4 1 (12.50%) Project Management
4 1 (12.50%) Quantitative Analysis
4 1 (12.50%) Risk Management
Programming Languages
1 5 (62.50%) Python
2 3 (37.50%) Java
3 1 (12.50%) C#
3 1 (12.50%) C++
3 1 (12.50%) R
Qualifications
1 1 (12.50%) Degree
1 1 (12.50%) Master's Degree
Quality Assurance & Compliance
1 2 (25.00%) QA