The median contractor rate for an Insurance Business Analyst was £413 per day in advertised job vacancies in the South East during the 3 months to 22 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
England / South East
3 months to
22 Jun 2017
Same period 2016 Same period 2015
Rank 234 264 256
Rank change year-on-year +30 -8  
Contract jobs requiring an Insurance Business Analyst 16 7 14
As % of all contract IT jobs advertised in the South East 0.21% 0.078% 0.15%
As % of the Job Titles category 0.22% 0.082% 0.16%
Number of daily rates quoted 16 4 10
Median daily rate £413 £463 £400
Median daily rate % change year-on-year -10.81% +15.62%  
90% offered a daily rate of more than £350 £450 £356
10% offered a daily rate of more than £488 £507 £550
UK excluding London median daily rate £400 £475 £405
% change year-on-year -15.78% +17.28%  
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 South East. 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
South East
Contract job vacancies with a job title containing a recognized job role 7341 8574 8976
As % of all contract IT job vacancies advertised in the South East 94.49% 95.03% 94.97%
Number of daily rates quoted 4284 5129 5122
Median daily rate £403 £400 £375
Median daily rate % change year-on-year +0.75% +6.66%  
90% offered a daily rate of more than £250 £250 £230
10% offered a daily rate of more than £548 £525 £500
UK excluding London median daily rate £400 £400 £373
% change year-on-year - +7.38%  
Number of hourly rates quoted 310 385 429
Median hourly rate £18.00 £19.00 £16.50
Median hourly rate % change year-on-year -5.26% +15.15%  
90% offered a hourly rate of more than £12.00 £11.00 £11.75
10% offered a hourly rate of more than £46.00 £46.00 £40.00
UK excluding London median hourly rate £17.50 £17.45 £16.00
% change year-on-year +0.28% +9.06%  

Insurance Business Analyst
Job Vacancy Trend in the South East

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

Job vacancy trend for Insurance Business Analyst in the South East

Insurance Business Analyst
Contractor Daily Rate Trend in the South East

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

Contractor daily rate trend for Insurance Business Analyst in the South East

Insurance Business Analyst
Contractor Daily Rate Histogram in the South East

The daily rate distribution of IT jobs citing Insurance Business Analyst in the South East over the 3 months to 22 June 2017.

Contractor daily rate histogram for Insurance Business Analyst in the South East

Insurance Business Analyst
Contract Job Locations in the South East

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 South East region over the 3 months to 22 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
West Sussex +20 6 £350 -32.69%
Surrey - 6 £425 - 1
East Sussex - 3 £433 -
Kent -1 1 £550 -
Insurance Business Analyst
England

Insurance Business Analyst Skill Set
Top 30 Co-occurring IT Skills in the South East

For the 6 months to 22 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 South East region featuring Insurance Business Analyst in the job title.

1 12 (36.36%) Agile Software Development
2 11 (33.33%) Business Analysis
3 9 (27.27%) Data Warehouse
3 9 (27.27%) User Stories
4 8 (24.24%) Data Modelling
5 7 (21.21%) Stakeholder Management
5 7 (21.21%) Feasibility Study
6 6 (18.18%) Business Process Modelling
6 6 (18.18%) ISEB
6 6 (18.18%) PRINCE2 Certification
6 6 (18.18%) SQL
6 6 (18.18%) PRINCE2
6 6 (18.18%) Kanban
6 6 (18.18%) Relational Database
7 4 (12.12%) Data Structures
7 4 (12.12%) Waterfall
7 4 (12.12%) Scrum
8 3 (9.09%) GAP Analysis
8 3 (9.09%) Finance
8 3 (9.09%) Systems Analysis
9 2 (6.06%) GDPR
9 2 (6.06%) French Language
9 2 (6.06%) Use Case
9 2 (6.06%) User Acceptance Testing
9 2 (6.06%) Microsoft Excel
9 2 (6.06%) Data Protection Act
9 2 (6.06%) BPMN
9 2 (6.06%) Data Protection
9 2 (6.06%) Pega
9 2 (6.06%) Solvency II

Insurance Business Analyst Skill Set
Co-occurring IT Skills in the South East 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 2 (6.06%) Microsoft Excel
1 2 (6.06%) MS Visio
2 1 (3.03%) Microsoft Office
2 1 (3.03%) Microsoft PowerPoint
Database & Business Intelligence
1 9 (27.27%) Data Warehouse
2 6 (18.18%) Relational Database
3 1 (3.03%) Data Lake
3 1 (3.03%) Hadoop
3 1 (3.03%) IBM InfoSphere
3 1 (3.03%) Oracle Database
3 1 (3.03%) RDBMS
General
1 3 (9.09%) Finance
2 2 (6.06%) French Language
Miscellaneous
1 4 (12.12%) Data Structures
2 2 (6.06%) Data Protection Act
3 1 (3.03%) Analytical Skills
3 1 (3.03%) Enterprise Software
3 1 (3.03%) Reference Data
Processes & Methodologies
1 12 (36.36%) Agile Software Development
2 11 (33.33%) Business Analysis
3 9 (27.27%) User Stories
4 8 (24.24%) Data Modelling
5 7 (21.21%) Feasibility Study
5 7 (21.21%) Stakeholder Management
6 6 (18.18%) Business Process Modelling
6 6 (18.18%) Kanban
6 6 (18.18%) PRINCE2
7 4 (12.12%) Scrum
7 4 (12.12%) Waterfall
8 3 (9.09%) GAP Analysis
8 3 (9.09%) Systems Analysis
9 2 (6.06%) BPMN
9 2 (6.06%) BPR
9 2 (6.06%) Data Protection
9 2 (6.06%) Use Case
9 2 (6.06%) User Acceptance Testing
10 1 (3.03%) Data Migration
10 1 (3.03%) P3M3
Programming Languages
1 6 (18.18%) SQL
Qualifications
1 6 (18.18%) ISEB
1 6 (18.18%) PRINCE2 Certification
Quality Assurance & Compliance
1 2 (6.06%) GDPR
1 2 (6.06%) Solvency II
2 1 (3.03%) Data Quality
2 1 (3.03%) Sarbanes-Oxley
Vendors
1 2 (6.06%) Pega
2 1 (3.03%) Microsoft
2 1 (3.03%) MicroStrategy
2 1 (3.03%) Oracle