Period
to 17 October 2017

The median contractor rate for an Insurance Business Analyst was £450 per day in advertised job vacancies in the South East during the 6 months to 17 October 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
6 months to
17 Oct 2017
Same period 2016 Same period 2015
Rank 331 341 355
Rank change year-on-year +10 +14 -25
Contract jobs requiring an Insurance Business Analyst 34 38 36
As % of all contract IT jobs advertised in the South East 0.21% 0.22% 0.19%
As % of the Job Titles category 0.22% 0.24% 0.20%
Number of daily rates quoted 27 31 30
South East median daily rate £450 £450 £428
Median daily rate % change year-on-year - +5.26% +6.88%
10th Percentile £310 £331 £368
90th Percentile £530 £506 £505
England median daily rate £475 £475 £450
% change year-on-year - +5.56% +1.12%
Number of hourly rates quoted 0 0 0
South East median hourly rate - - -
England median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the South East. 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.

All Contract IT Job Vacancies
South East
Contract vacancies in the South East with a recognized job title 15361 16068 18355
% of contract IT jobs with a recognized job title 94.51% 94.37% 94.98%
Number of daily rates quoted 9104 9626 10777
South East median daily rate £413 £400 £380
Median daily rate % change year-on-year +3.13% +5.26% +5.56%
10th Percentile £241 £230 £230
90th Percentile £570 £550 £525
England median daily rate £450 £425 £400
% change year-on-year +5.88% +6.25% -
Number of hourly rates quoted 633 787 902
South East median hourly rate £18.00 £19.44 £17.89
Median hourly rate % change year-on-year -7.38% +8.67% +11.78%
10th Percentile £10.75 £10.28 £10.26
90th Percentile £48.75 £48.75 £45.95
England median hourly rate £18.70 £18.50 £17.77
% change year-on-year +1.08% +4.11% +7.70%

Insurance Business Analyst
Job Vacancy Trend in the South East

Job postings that featured Insurance Business Analyst in the job title as a percentage of all IT jobs advertised in the South East.

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 6 months to 17 October 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 6 months to 17 October 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Surrey +10 18 £463 -2.63%
Kent -9 5 £250 -33.33%
West Sussex +3 4 £350 -18.37%
Thames Valley -2 3 £475 +5.56%
East Sussex -2 3 £433 -13.50% 1
Berkshire +9 2 £475 +1.33%
Insurance Business Analyst
England

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

For the 6 months to 17 October 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 21 (61.76%) Business Analysis
2 12 (35.29%) Agile Software Development
3 9 (26.47%) Stakeholder Management
4 6 (17.65%) Finance
4 6 (17.65%) Use Case
4 6 (17.65%) GDPR
5 5 (14.71%) Business Process Modelling
5 5 (14.71%) Feasibility Study
5 5 (14.71%) User Stories
6 4 (11.76%) User Acceptance Testing
6 4 (11.76%) Scrum
6 4 (11.76%) Analytical Skills
7 3 (8.82%) GAP Analysis
7 3 (8.82%) SQL
7 3 (8.82%) PRINCE2
7 3 (8.82%) ISEB
7 3 (8.82%) PRINCE2 Certification
7 3 (8.82%) Kanban
7 3 (8.82%) Relational Database
7 3 (8.82%) Data Analysis
8 2 (5.88%) Workflow Management
8 2 (5.88%) Migration
8 2 (5.88%) Requirements Management
8 2 (5.88%) Data Protection Act
8 2 (5.88%) Waterfall
8 2 (5.88%) Solvency II
8 2 (5.88%) Data Migration
8 2 (5.88%) Data Protection
8 2 (5.88%) PCI DSS
8 2 (5.88%) Project Management

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 (2.94%) Confluence
1 1 (2.94%) Documentum
Applications
1 2 (5.88%) MS Visio
Communications & Networking
1 1 (2.94%) Extranet
Database & Business Intelligence
1 3 (8.82%) Relational Database
2 1 (2.94%) Data Warehouse
Development Applications
1 1 (2.94%) JIRA
General
1 6 (17.65%) Finance
2 1 (2.94%) Advertising
2 1 (2.94%) Banking
Miscellaneous
1 4 (11.76%) Analytical Skills
2 2 (5.88%) Data Protection Act
3 1 (2.94%) Data Structures
3 1 (2.94%) Greenfield Project
3 1 (2.94%) Virtual Team
Processes & Methodologies
1 21 (61.76%) Business Analysis
2 12 (35.29%) Agile Software Development
3 9 (26.47%) Stakeholder Management
4 6 (17.65%) Use Case
5 5 (14.71%) Business Process Modelling
5 5 (14.71%) Feasibility Study
5 5 (14.71%) User Stories
6 4 (11.76%) Scrum
6 4 (11.76%) User Acceptance Testing
7 3 (8.82%) Data Analysis
7 3 (8.82%) GAP Analysis
7 3 (8.82%) Kanban
7 3 (8.82%) PRINCE2
8 2 (5.88%) Data Migration
8 2 (5.88%) Data Protection
8 2 (5.88%) E-Commerce
8 2 (5.88%) Project Management
8 2 (5.88%) Requirements Management
8 2 (5.88%) UML
8 2 (5.88%) Workflow
Programming Languages
1 3 (8.82%) SQL
2 1 (2.94%) C
Qualifications
1 3 (8.82%) ISEB
1 3 (8.82%) PRINCE2 Certification
2 2 (5.88%) Degree
Quality Assurance & Compliance
1 6 (17.65%) GDPR
2 2 (5.88%) PCI DSS
2 2 (5.88%) Sarbanes-Oxley
2 2 (5.88%) Solvency II
Vendors
1 1 (2.94%) Salesforce.com