Quantitative Risk Analyst Contracts in London

Quantitative Risk Analyst
England > London

The median Quantitative Risk Analyst daily rate in London 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 391 478 590
Rank change year-on-year +87 +112 -142
Contract jobs requiring a Quantitative Risk Analyst 3 23 14
As % of all contract jobs advertised in London 0.017% 0.085% 0.036%
As % of the Job Titles category 0.018% 0.089% 0.038%
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
England median daily rate £950 £875 £850
% change year-on-year +8.57% +2.94% +1.19%

All Contract IT Job Vacancies
London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised 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 16,505 25,769 37,084
% of contract IT jobs with a recognized job title 93.17% 95.30% 95.31%
Number of daily rates quoted 11,930 18,667 27,033
10th Percentile £325 £363 £375
25th Percentile £443 £463 £470
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - +9.52%
75th Percentile £675 £700 £675
90th Percentile £788 £800 £775
England median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +10.53%
Number of hourly rates quoted 337 289 447
10th Percentile £16.01 £18.00 £16.50
25th Percentile £20.02 £22.50 £22.03
Median hourly rate £27.50 £35.00 £35.00
Median % change year-on-year -21.43% - +11.13%
75th Percentile £43.75 £60.00 £49.25
90th Percentile £65.00 £76.05 £67.50
England median hourly rate £35.83 £45.00 £22.50
% change year-on-year -20.38% +100.00% +0.29%

Quantitative Risk Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Quantitative Risk Analyst in London

Quantitative Risk Analyst
Contractor Daily Rate Trend in London

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

Daily rate trend for Quantitative Risk Analyst in London

Quantitative Risk Analyst
Daily Rate Histogram in London

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

Daily rate histogram for Quantitative Risk Analyst in London

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

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 London 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 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:

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