The median contractor rate for a Insurance Business Analyst was £475 per day in advertised job vacancies in the North West during the 3 months to 28 April 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
England / North West
3 months to
28 Apr 2017
Same period 2016 Same period 2015
Rank 132 161 153
Rank change year-on-year +29 -8  
Contract jobs requiring an Insurance Business Analyst 1 5 4
As % of all contract IT jobs advertised in the North West 0.036% 0.12% 0.10%
As % of the Job Titles category 0.038% 0.13% 0.11%
Number of daily rates quoted 1 3 4
Median daily rate £475 £391 £363
Median daily rate % change year-on-year +21.63% +7.72%  
UK excluding London median daily rate £425 £464 £400
% change year-on-year -8.35% +15.93%  
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 the North West. 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
North West
Contract job vacancies with a job title containing a recognized job role 2631 3800 3654
As % of all contract IT job vacancies advertised in the North West 94.00% 94.36% 94.13%
Number of daily rates quoted 1599 2297 1935
Median daily rate £380 £400 £380
Median daily rate % change year-on-year -5.00% +5.26%  
90% offered a daily rate of more than £250 £270 £250
10% offered a daily rate of more than £500 £545 £525
UK excluding London median daily rate £400 £398 £375
% change year-on-year +0.62% +6.00%  
Number of hourly rates quoted 151 150 224
Median hourly rate £16.50 £18.99 £17.50
Median hourly rate % change year-on-year -13.08% +8.48%  
90% offered a hourly rate of more than £11.33 £12.00 £11.00
10% offered a hourly rate of more than £45.00 £47.33 £49.50
UK excluding London median hourly rate £17.50 £17.50 £16.70
% change year-on-year - +4.79%  

Insurance Business Analyst
Job Vacancy Trend in the North West

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

Job vacancy trend for Insurance Business Analyst in the North West

Insurance Business Analyst
Contractor Daily Rate Trend in the North West

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

Contractor daily rate trend for Insurance Business Analyst in the North West

Insurance Business Analyst Skill Set
Top 5 Co-occurring IT Skills in the North West

For the 6 months to 28 April 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 North West region featuring Insurance Business Analyst in the job title.

1 2 (33.33%) Finance
2 1 (16.67%) Stakeholder Management
2 1 (16.67%) Numerical Analysis
2 1 (16.67%) Process Management
2 1 (16.67%) Microsoft Office

Insurance Business Analyst Skill Set
Co-occurring IT Skills in the North West 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:

Applications
1 1 (16.67%) Microsoft Office
General
1 2 (33.33%) Finance
Processes & Methodologies
1 1 (16.67%) Numerical Analysis
1 1 (16.67%) Process Management
1 1 (16.67%) Stakeholder Management