Quantitative Analyst Contracts in London

Quant Analyst
England > London

The median Quant Analyst daily rate in London is £763, according to job vacancies posted in the 6 months leading up to 21 July 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
21 Jul 2025
Same period 2024 Same period 2023
Rank 339 365 391
Rank change year-on-year +26 +26 +183
Contract jobs requiring a Quantitative Analyst 23 29 89
As % of all contract jobs advertised in London 0.17% 0.17% 0.36%
As % of the Job Titles category 0.18% 0.18% 0.38%
Number of daily rates quoted 14 21 63
10th Percentile £654 £505 £615
25th Percentile £700 £577 £700
Median daily rate (50th Percentile) £763 £850 £825
Median % change year-on-year -10.29% +3.03% -5.71%
75th Percentile £931 £950 £941
90th Percentile £1,025 £975 £1,075
England median daily rate £763 £850 £825
% change year-on-year -10.29% +3.03% -5.71%

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 12,634 15,920 23,627
% of contract IT jobs with a recognized job title 93.18% 94.17% 94.80%
Number of daily rates quoted 8,542 11,359 17,268
10th Percentile £331 £332 £358
25th Percentile £425 £450 £463
Median daily rate (50th Percentile) £550 £550 £575
Median % change year-on-year - -4.35% -
75th Percentile £675 £681 £700
90th Percentile £788 £800 £800
England median daily rate £513 £525 £550
% change year-on-year -2.38% -4.55% +1.85%
Number of hourly rates quoted 197 257 263
10th Percentile £17.98 £17.20 £18.50
25th Percentile £22.75 £22.00 £23.18
Median hourly rate £30.00 £31.71 £39.00
Median % change year-on-year -5.39% -18.69% +11.43%
75th Percentile £50.00 £51.75 £65.00
90th Percentile £63.45 £71.25 £82.45
England median hourly rate £27.39 £42.50 £44.06
% change year-on-year -35.56% -3.53% +75.62%

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 21 July 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 21 July 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 18 (78.26%) Finance
1 18 (78.26%) Python
2 15 (65.22%) Mathematics
3 14 (60.87%) Front Office
4 13 (56.52%) C++
5 11 (47.83%) Validation
6 10 (43.48%) Social Skills
7 9 (39.13%) Banking
7 9 (39.13%) Quantitative Finance
8 8 (34.78%) PnL Attribution
9 7 (30.43%) Mathematical Modelling
9 7 (30.43%) Investment Banking
10 6 (26.09%) Microsoft PowerPoint
10 6 (26.09%) Derivative
10 6 (26.09%) Degree
10 6 (26.09%) VBA
10 6 (26.09%) Microsoft Excel
10 6 (26.09%) Analytics
10 6 (26.09%) Greeks
11 5 (21.74%) Physics
11 5 (21.74%) Quantitative Research
11 5 (21.74%) Equities
11 5 (21.74%) Model Validation
12 4 (17.39%) Master's Degree
12 4 (17.39%) Computer Science
12 4 (17.39%) Test Automation
13 3 (13.04%) Data Analytics
13 3 (13.04%) Credit Risk
13 3 (13.04%) QA
13 3 (13.04%) Algorithms

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:

Application Platforms
1 1 (4.35%) CMS
Applications
1 6 (26.09%) Microsoft Excel
1 6 (26.09%) Microsoft PowerPoint
Business Applications
1 3 (13.04%) Bankmaster
Cloud Services
1 2 (8.70%) AWS
Development Applications
1 2 (8.70%) Visual Studio
2 1 (4.35%) Git
General
1 18 (78.26%) Finance
2 14 (60.87%) Front Office
3 10 (43.48%) Social Skills
4 9 (39.13%) Banking
5 7 (30.43%) Investment Banking
6 2 (8.70%) Analytical Skills
7 1 (4.35%) Public Sector
Miscellaneous
1 6 (26.09%) Derivative
2 5 (21.74%) Equities
3 3 (13.04%) Algorithms
3 3 (13.04%) Credit Risk
3 3 (13.04%) Equity Derivative
4 2 (8.70%) Market Risk
5 1 (4.35%) Fixed Income
5 1 (4.35%) Foreign Exchange (FX)
5 1 (4.35%) Greenfield Project
5 1 (4.35%) Swaptions
5 1 (4.35%) Team-Oriented Environment
Processes & Methodologies
1 15 (65.22%) Mathematics
2 11 (47.83%) Validation
3 9 (39.13%) Quantitative Finance
4 8 (34.78%) PnL Attribution
5 7 (30.43%) Mathematical Modelling
6 6 (26.09%) Analytics
6 6 (26.09%) Greeks
7 5 (21.74%) Model Validation
7 5 (21.74%) Physics
7 5 (21.74%) Quantitative Research
8 4 (17.39%) Computer Science
8 4 (17.39%) Test Automation
9 3 (13.04%) Collaborative Working
9 3 (13.04%) Data Analytics
9 3 (13.04%) Decision-Making
9 3 (13.04%) Refactoring
10 2 (8.70%) Credit Risk Management
10 2 (8.70%) Design Patterns
10 2 (8.70%) Risk Management
10 2 (8.70%) TDD
Programming Languages
1 18 (78.26%) Python
2 13 (56.52%) C++
3 6 (26.09%) VBA
4 3 (13.04%) C#
5 2 (8.70%) Java
6 1 (4.35%) Rust
Qualifications
1 6 (26.09%) Degree
2 4 (17.39%) Master's Degree
3 2 (8.70%) Numerate Degree
3 2 (8.70%) PhD
4 1 (4.35%) Security Cleared
Quality Assurance & Compliance
1 3 (13.04%) QA
2 1 (4.35%) Basel II
Vendors
1 1 (4.35%) Sophis