Quantitative Risk Analyst Contracts in England

Quantitative Risk Analyst
UK > England

The median Quantitative Risk Analyst daily rate in England is £950 according to job vacancies posted during the 6 months to 28 April 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
28 Apr 2024
Same period 2023 Same period 2022
Rank 535 632 770
Rank change year-on-year +97 +138 -150
Contract jobs requiring a Quantitative Risk Analyst 3 23 14
As % of all contract jobs advertised in England 0.008% 0.046% 0.020%
As % of the Job Titles category 0.009% 0.048% 0.021%
Number of daily rates quoted 3 14 12
10th Percentile £647 - £725
25th Percentile £751 £700 £763
Median daily rate (50th Percentile) £950 £875 £850
Median % change year-on-year +8.57% +2.94% +1.19%
75th Percentile £1,013 £1,141 £931
90th Percentile £1,035 £1,266 £955
UK median daily rate £950 £875 £850
% change year-on-year +8.57% +2.94% +1.19%

All Contract IT Job Vacancies
England

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in England. 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 England with a recognized job title 34,279 47,758 67,889
% of contract IT jobs with a recognized job title 92.72% 94.62% 95.52%
Number of daily rates quoted 22,753 33,910 48,235
10th Percentile £275 £313 £313
25th Percentile £412 £425 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +10.53%
75th Percentile £640 £663 £638
90th Percentile £750 £763 £738
UK median daily rate £525 £540 £525
% change year-on-year -2.78% +2.86% +10.53%
Number of hourly rates quoted 2,414 1,409 1,903
10th Percentile £12.94 £14.35 £12.50
25th Percentile £16.30 £20.00 £15.25
Median hourly rate £35.83 £45.00 £22.50
Median % change year-on-year -20.38% +100.00% +0.29%
75th Percentile £60.00 £65.00 £48.75
90th Percentile £72.50 £76.60 £62.45
UK median hourly rate £35.96 £45.00 £23.03
% change year-on-year -20.10% +95.42% +0.12%

Quantitative Risk Analyst
Job Vacancy Trend in England

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

Job vacancy trend for Quantitative Risk Analyst in England

Quantitative Risk Analyst
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Quantitative Risk Analyst in England.

Daily rate trend for Quantitative Risk Analyst in England

Quantitative Risk Analyst
Daily Rate Histogram in England

Daily rate distribution for jobs citing Quantitative Risk Analyst in England over the 6 months to 28 April 2024.

Daily rate histogram for Quantitative Risk Analyst in England

Quantitative Risk Analyst
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 Quantitative Risk Analyst within the England region over the 6 months to 28 April 2024. 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 +87 3 £950 +8.57% 3
Quantitative Risk Analyst
UK

Quantitative Risk Analyst Skill Set
Top 14 Co-occurring Skills and Capabilities in England

For the 6 months to 28 April 2024, Quantitative Risk 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 England region featuring Quantitative Risk Analyst in the job title.

1 3 (100.00%) Python
2 2 (66.67%) Time Series Analysis
2 2 (66.67%) Analytical Skills
2 2 (66.67%) Backtesting
2 2 (66.67%) SQL
2 2 (66.67%) Equities
2 2 (66.67%) Derivative
2 2 (66.67%) Equity Derivative
2 2 (66.67%) Market Risk
2 2 (66.67%) Front Office
3 1 (33.33%) Risk Management
3 1 (33.33%) Validation
3 1 (33.33%) Stress Testing
3 1 (33.33%) Model Validation

Quantitative Risk Analyst Skill Set
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:

General
1 2 (66.67%) Analytical Skills
1 2 (66.67%) Front Office
Miscellaneous
1 2 (66.67%) Derivative
1 2 (66.67%) Equities
1 2 (66.67%) Equity Derivative
1 2 (66.67%) Market Risk
Processes & Methodologies
1 2 (66.67%) Backtesting
1 2 (66.67%) Time Series Analysis
2 1 (33.33%) Model Validation
2 1 (33.33%) Risk Management
2 1 (33.33%) Stress Testing
2 1 (33.33%) Validation
Programming Languages
1 3 (100.00%) Python
2 2 (66.67%) SQL