Quantitative Analyst Contracts in London

Quant Analyst
England > London

The median Quant Analyst daily rate in London is £838, according to job vacancies posted in the 6 months leading up to 1 May 2025.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 334 356 421
Rank change year-on-year +22 +65 +129
Contract jobs requiring a Quantitative Analyst 19 35 72
As % of all contract jobs advertised in London 0.15% 0.20% 0.27%
As % of the Job Titles category 0.16% 0.21% 0.28%
Number of daily rates quoted 16 26 37
10th Percentile £681 £577 £670
25th Percentile £700 £825 £700
Median daily rate (50th Percentile) £838 £900 £850
Median % change year-on-year -6.94% +5.88% -
75th Percentile £906 £950 £975
90th Percentile £1,025 £1,013 £1,110
England median daily rate £838 £900 £850
% change year-on-year -6.94% +5.88% -

All Contract IT Job Vacancies
London

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies in 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 London with a recognized job title 11,726 16,625 25,758
% of contract IT jobs with a recognized job title 93.45% 93.24% 95.28%
Number of daily rates quoted 8,034 12,022 18,663
10th Percentile £341 £325 £363
25th Percentile £431 £444 £463
Median daily rate (50th Percentile) £550 £550 £575
Median % change year-on-year - -4.35% -
75th Percentile £675 £675 £700
90th Percentile £800 £800 £800
England median daily rate £525 £525 £550
% change year-on-year - -4.55% +4.76%
Number of hourly rates quoted 143 336 290
10th Percentile £20.45 £16.01 £18.00
25th Percentile £23.90 £20.02 £22.53
Median hourly rate £34.00 £27.81 £35.00
Median % change year-on-year +22.26% -20.54% -
75th Percentile £50.75 £43.75 £60.00
90th Percentile £64.75 £65.00 £76.03
England median hourly rate £30.62 £36.31 £45.00
% change year-on-year -15.67% -19.32% +100.00%

Quantitative Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Quantitative Analyst in London

Quantitative Analyst
Contractor Daily Rate Trend in London

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

Daily rate trend for Quantitative Analyst in London

Quantitative Analyst
Daily Rate Histogram in London

Daily rate distribution for jobs citing Quantitative Analyst in London over the 6 months to 1 May 2025.

Daily rate histogram for Quantitative Analyst in London

Quantitative Analyst
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Quantitative Analyst in London.

Hourly rate trend for Quantitative Analyst in London

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

For the 6 months to 1 May 2025, 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 London region featuring Quantitative Analyst in the job title.

1 17 (89.47%) Python
2 14 (73.68%) Finance
3 13 (68.42%) Mathematics
4 11 (57.89%) Banking
5 9 (47.37%) Investment Banking
5 9 (47.37%) C++
6 8 (42.11%) Quantitative Finance
6 8 (42.11%) Mathematical Modelling
6 8 (42.11%) Social Skills
7 7 (36.84%) PnL Attribution
7 7 (36.84%) Analytics
7 7 (36.84%) Front Office
8 6 (31.58%) Microsoft PowerPoint
8 6 (31.58%) Equities
8 6 (31.58%) Validation
8 6 (31.58%) VBA
8 6 (31.58%) Microsoft Excel
8 6 (31.58%) Greeks
9 5 (26.32%) Data Analytics
9 5 (26.32%) Quantitative Research
9 5 (26.32%) Decision-Making
10 4 (21.05%) Physics
10 4 (21.05%) Collaborative Working
10 4 (21.05%) Design Patterns
10 4 (21.05%) Low Latency
10 4 (21.05%) Algorithms
10 4 (21.05%) Multithreading
11 3 (15.79%) Degree
11 3 (15.79%) Refactoring
11 3 (15.79%) Test Automation

Quantitative Analyst Skill Set
Co-occurring Skills and Capabilities in 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:

Applications
1 6 (31.58%) Microsoft Excel
1 6 (31.58%) Microsoft PowerPoint
Business Applications
1 3 (15.79%) Bankmaster
Cloud Services
1 2 (10.53%) AWS
Development Applications
1 2 (10.53%) Visual Studio
2 1 (5.26%) Git
General
1 14 (73.68%) Finance
2 11 (57.89%) Banking
3 9 (47.37%) Investment Banking
4 8 (42.11%) Social Skills
5 7 (36.84%) Front Office
Miscellaneous
1 6 (31.58%) Equities
2 4 (21.05%) Algorithms
3 2 (10.53%) Credit Risk
3 2 (10.53%) Market Risk
4 1 (5.26%) Derivative
4 1 (5.26%) Equity Derivative
4 1 (5.26%) Fixed Income
4 1 (5.26%) Greenfield Project
4 1 (5.26%) Renewable Energy
Processes & Methodologies
1 13 (68.42%) Mathematics
2 8 (42.11%) Mathematical Modelling
2 8 (42.11%) Quantitative Finance
3 7 (36.84%) Analytics
3 7 (36.84%) PnL Attribution
4 6 (31.58%) Greeks
4 6 (31.58%) Validation
5 5 (26.32%) Data Analytics
5 5 (26.32%) Decision-Making
5 5 (26.32%) Quantitative Research
6 4 (21.05%) Collaborative Working
6 4 (21.05%) Design Patterns
6 4 (21.05%) Low Latency
6 4 (21.05%) Multithreading
6 4 (21.05%) Physics
7 3 (15.79%) Refactoring
7 3 (15.79%) Test Automation
8 2 (10.53%) Computer Science
8 2 (10.53%) Credit Risk Management
8 2 (10.53%) Stochastic Calculus
Programming Languages
1 17 (89.47%) Python
2 9 (47.37%) C++
3 6 (31.58%) VBA
4 2 (10.53%) Java
Qualifications
1 3 (15.79%) Degree
2 2 (10.53%) Numerate Degree
3 1 (5.26%) Master's Degree
Quality Assurance & Compliance
1 1 (5.26%) Basel II