The median contractor rate for an Insurance Business Analyst was £475 per day in advertised job vacancies in Essex during the 3 months to 23 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
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank 64 50 56
Rank change year-on-year -14 +6  
Contract jobs requiring an Insurance Business Analyst 5 6 6
As % of all contract IT jobs advertised in Essex 1.17% 1.25% 0.95%
As % of the Job Titles category 1.23% 1.28% 0.97%
Number of daily rates quoted 5 6 5
Median daily rate £475 £488 £475
Median daily rate % change year-on-year -2.56% +2.63%  
UK excluding London median daily rate £400 £475 £403
% change year-on-year -15.78% +18.01%  
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 Essex. 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
Essex
Contract job vacancies with a job title containing a recognized job role 405 469 616
As % of all contract IT job vacancies advertised in Essex 94.63% 97.51% 97.93%
Number of daily rates quoted 260 224 373
Median daily rate £475 £340 £375
Median daily rate % change year-on-year +39.70% -9.33%  
90% offered a daily rate of more than £265 £195 £250
10% offered a daily rate of more than £585 £500 £500
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 33 109 45
Median hourly rate £32.00 £16.50 £19.00
Median hourly rate % change year-on-year +93.93% -13.15%  
90% offered a hourly rate of more than £11.00 £16.50 £16.50
10% offered a hourly rate of more than £46.00 £36.00 £45.00
UK excluding London median hourly rate £17.50 £17.45 £16.14
% change year-on-year +0.28% +8.11%  

Insurance Business Analyst
Job Vacancy Trend in Essex

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

Job vacancy trend for Insurance Business Analyst in Essex

Insurance Business Analyst
Contractor Daily Rate Trend in Essex

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

Contractor daily rate trend for Insurance Business Analyst in Essex

Insurance Business Analyst
Contract Job Locations in Essex

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 Essex region over the 3 months to 23 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
Colchester +15 5 £475 -2.56%
Insurance Business Analyst
East of England

Insurance Business Analyst Skill Set
Top 8 Co-occurring IT Skills in Essex

For the 6 months to 23 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 Essex region featuring Insurance Business Analyst in the job title.

1 1 (20.00%) Use Case
1 1 (20.00%) Waterfall
1 1 (20.00%) User Stories
1 1 (20.00%) DevOps
1 1 (20.00%) E-Commerce
1 1 (20.00%) Agile Software Development
1 1 (20.00%) Retail
1 1 (20.00%) JIRA

Insurance Business Analyst Skill Set
Co-occurring IT Skills in Essex 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 (20.00%) JIRA
General
1 1 (20.00%) Retail
Processes & Methodologies
1 1 (20.00%) Agile Software Development
1 1 (20.00%) DevOps
1 1 (20.00%) E-Commerce
1 1 (20.00%) Use Case
1 1 (20.00%) User Stories
1 1 (20.00%) Waterfall