The median contractor rate for a Insurance Business Analyst was £438 per day in advertised job vacancies in the South East during the 3 months to 28 March 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
28 Mar 2017
Same period 2016 Same period 2015
Rank 237 253 263
Rank change year-on-year +16 +10  
Contract jobs requiring an Insurance Business Analyst 17 14 8
As % of all contract IT jobs advertised in the South East 0.22% 0.15% 0.080%
As % of the Job Titles category 0.23% 0.16% 0.085%
Number of daily rates quoted 16 12 5
Median daily rate £438 £475 £425
Median daily rate % change year-on-year -7.89% +11.76%  
90% offered a daily rate of more than £400 £389 £291
10% offered a daily rate of more than £475 £475 £440
UK excluding London median daily rate £425 £468 £414
% change year-on-year -9.09% +12.99%  
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 7373 8823 9388
As % of all contract IT job vacancies advertised in the South East 94.09% 95.12% 94.28%
Number of daily rates quoted 4191 5395 5019
Median daily rate £400 £388 £375
Median daily rate % change year-on-year +3.22% +3.33%  
90% offered a daily rate of more than £235 £223 £225
10% offered a daily rate of more than £550 £525 £525
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 376 382 458
Median hourly rate £17.50 £20.00 £18.90
Median hourly rate % change year-on-year -12.50% +5.82%  
90% offered a hourly rate of more than £11.63 £11.50 £12.00
10% offered a hourly rate of more than £43.50 £50.00 £45.00
UK excluding London median hourly rate £17.50 £19.63 £17.00
% change year-on-year -10.82% +15.44%  

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
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 28 March 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
Surrey +21 11 £438 -7.89%
Kent +14 2 £425 -
West Sussex +7 1 £425 +17.24% 1
Hampshire +6 1 £450 -5.26%
Insurance Business Analyst
England

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

For the 6 months to 28 March 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 9 (28.13%) Stakeholder Management
2 8 (25.00%) Data Warehouse
3 7 (21.88%) Data Modelling
4 5 (15.63%) Agile Software Development
5 4 (12.50%) ISEB
5 4 (12.50%) PRINCE2
5 4 (12.50%) French Language
5 4 (12.50%) User Stories
5 4 (12.50%) Finance
6 3 (9.38%) Kanban
6 3 (9.38%) Waterfall
6 3 (9.38%) PRINCE2 Certification
6 3 (9.38%) Feasibility Study
6 3 (9.38%) Data Structures
6 3 (9.38%) Business Process Modelling
7 2 (6.25%) Conceptual Models
7 2 (6.25%) GAP Analysis
7 2 (6.25%) Business Analysis
7 2 (6.25%) MS Visio
7 2 (6.25%) BPR
7 2 (6.25%) Pega
7 2 (6.25%) BPMN
7 2 (6.25%) Analytical Skills
8 1 (3.13%) Migration
8 1 (3.13%) Oracle Database
8 1 (3.13%) Relational Database
8 1 (3.13%) Business Process Mapping
8 1 (3.13%) Kalman Filter
8 1 (3.13%) User Experience
8 1 (3.13%) Matrix Organization

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:

Application Platforms
1 1 (3.13%) SharePoint
Applications
1 2 (6.25%) MS Visio
2 1 (3.13%) MS Excel
2 1 (3.13%) MS Office
2 1 (3.13%) MS PowerPoint
Database & Business Intelligence
1 8 (25.00%) Data Warehouse
2 1 (3.13%) Data Lake
2 1 (3.13%) Hadoop
2 1 (3.13%) IBM InfoSphere
2 1 (3.13%) Oracle Database
2 1 (3.13%) RDBMS
2 1 (3.13%) Relational Database
General
1 4 (12.50%) Finance
1 4 (12.50%) French Language
Miscellaneous
1 3 (9.38%) Data Structures
2 2 (6.25%) Analytical Skills
3 1 (3.13%) User Experience
Processes & Methodologies
1 9 (28.13%) Stakeholder Management
2 7 (21.88%) Data Modelling
3 5 (15.63%) Agile Software Development
4 4 (12.50%) PRINCE2
4 4 (12.50%) User Stories
5 3 (9.38%) Business Process Modelling
5 3 (9.38%) Feasibility Study
5 3 (9.38%) Kanban
5 3 (9.38%) Waterfall
6 2 (6.25%) BPMN
6 2 (6.25%) BPR
6 2 (6.25%) Business Analysis
6 2 (6.25%) Conceptual Models
6 2 (6.25%) GAP Analysis
7 1 (3.13%) Business Intelligence
7 1 (3.13%) Data Protection
7 1 (3.13%) ERP
7 1 (3.13%) Migration
7 1 (3.13%) Systems Analysis
7 1 (3.13%) UML
Qualifications
1 4 (12.50%) ISEB
2 3 (9.38%) PRINCE2 Certification
3 1 (3.13%) CIPD
Quality Assurance & Compliance
1 1 (3.13%) Data Quality
Vendors
1 2 (6.25%) Pega
2 1 (3.13%) Microsoft
2 1 (3.13%) MicroStrategy
2 1 (3.13%) Oracle
2 1 (3.13%) SAP
West Sussex
Eames Consulting
Rate: £400 - £500 per annum
Posted: 4 days ago