The following table provides summary statistics for contract job vacancies advertised in the South West with a requirement for Quantitative Risk Management skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Quantitative Risk Management over the 3 months to 27 April 2017 with a comparison to the 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.

Quantitative Risk Management (QRM)
England / South West
3 months to
27 Apr 2017
Same period 2016 Same period 2015
Rank - - 133
Contract jobs citing Quantitative Risk Management 0 0 8
As % of all contract IT jobs advertised in the South West - - 0.25%
As % of the Processes & Methodologies category - - 0.32%
Number of daily rates quoted 0 0 8
Median daily rate - - £461
UK excluding London median daily rate - - £461
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Quantitative Risk Management is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the South West with a requirement for process and methodology skills.

Contract Process & Methodology Skills
South West
Contract job vacancies with a requirement for process and methodology skills 2162 2359 2509
As % of all contract IT job vacancies advertised in the South West 82.36% 79.40% 79.75%
Number of daily rates quoted 1417 1547 1620
Median daily rate £400 £388 £400
Median daily rate % change year-on-year +3.22% -3.12%  
90% offered a daily rate of more than £280 £275 £288
10% offered a daily rate of more than £538 £535 £550
UK excluding London median daily rate £415 £400 £393
% change year-on-year +3.75% +1.91%  
Number of hourly rates quoted 95 139 99
Median hourly rate £40.50 £42.00 £35.00
Median hourly rate % change year-on-year -3.57% +20.00%  
90% offered a hourly rate of more than £14.50 £23.00 £13.87
10% offered a hourly rate of more than £50.00 £47.50 £47.00
UK excluding London median hourly rate £37.24 £36.00 £30.50
% change year-on-year +3.43% +18.03%  

Quantitative Risk Management
Job Vacancy Trend in the South West

The job posting trend of jobs advertised in the South West citing Quantitative Risk Management as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Quantitative Risk Management in the South West

Quantitative Risk Management
Contractor Daily Rate Trend in the South West

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Quantitative Risk Management in the South West.

Contractor daily rate trend for Quantitative Risk Management in the South West