Period
to 21 November 2017

The median contractor rate for an Insurance Business Analyst was £401 per day in advertised job vacancies in the South West during the 6 months to 21 November 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 West
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 204 199 207
Rank change year-on-year -5 +8 -16
Contract jobs requiring an Insurance Business Analyst 6 4 17
As % of all contract IT jobs advertised in the South West 0.11% 0.070% 0.26%
As % of the Job Titles category 0.11% 0.074% 0.27%
Number of daily rates quoted 6 2 17
South West median daily rate £401 £388 £400
Median daily rate % change year-on-year +3.55% -3.13% -0.93%
10th Percentile £359 £366 £325
90th Percentile £453 £399 £440
England median daily rate £475 £475 £450
% change year-on-year - +5.56% +1.12%
Number of hourly rates quoted 0 0 0
South West 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 West. 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 West
Contract vacancies in the South West with a recognized job title 5369 5418 6233
% of contract IT jobs with a recognized job title 95.09% 94.95% 95.42%
Number of daily rates quoted 3365 3520 4060
South West median daily rate £388 £375 £375
Median daily rate % change year-on-year +3.33% - -
10th Percentile £210 £213 £219
90th Percentile £538 £550 £525
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 251 344 395
South West median hourly rate £30.00 £25.00 £28.00
Median hourly rate % change year-on-year +20.00% -10.71% +40.00%
10th Percentile £11.50 £11.00 £11.17
90th Percentile £50.00 £46.00 £46.20
England median hourly rate £18.50 £18.50 £18.00
% change year-on-year - +2.78% +9.09%

Insurance Business Analyst
Job Vacancy Trend in the South West

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

Job vacancy trend for Insurance Business Analyst in the South West

Insurance Business Analyst
Contractor Daily Rate Trend in the South West

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

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

Insurance Business Analyst
Contract Job Locations in the South West

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 West region over the 6 months to 21 November 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
Bristol -5 3 £403 - 1
Gloucestershire - 3 £375 -
Insurance Business Analyst
England

Insurance Business Analyst Skill Set
Top 13 Co-occurring IT Skills in the South West

For the 6 months to 21 November 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 West region featuring Insurance Business Analyst in the job title.

1 4 (66.67%) Finance
1 4 (66.67%) Business Analysis
2 3 (50.00%) Banking
3 2 (33.33%) BPR
3 2 (33.33%) Workflow
3 2 (33.33%) Waterfall
3 2 (33.33%) Target Operating Model
3 2 (33.33%) Business Process Mapping
4 1 (16.67%) Software Delivery
4 1 (16.67%) Data Ingestion
4 1 (16.67%) User Stories
4 1 (16.67%) Retail Banking
4 1 (16.67%) Data Management

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

General
1 4 (66.67%) Finance
2 3 (50.00%) Banking
3 1 (16.67%) Retail Banking
Processes & Methodologies
1 4 (66.67%) Business Analysis
2 2 (33.33%) BPR
2 2 (33.33%) Business Process Mapping
2 2 (33.33%) Target Operating Model
2 2 (33.33%) Waterfall
2 2 (33.33%) Workflow
3 1 (16.67%) Data Ingestion
3 1 (16.67%) Data Management
3 1 (16.67%) Software Delivery
3 1 (16.67%) User Stories