Quantitative Finance Contracts in the UK excluding London

Quantitative Finance (Mathematical Finance)
UK > UK excluding London

The table below provides summary statistics for contract job vacancies advertised in the UK excluding London requiring Quantitative Finance skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Quantitative Finance over the 6 months leading up to 16 June 2024, comparing them to the same period in the previous two years.

6 months to
16 Jun 2024
Same period 2023 Same period 2022
Rank - - 503
Rank change year-on-year - - -55
Contract jobs citing Quantitative Finance 0 0 1
As % of all contract jobs advertised in the UK excluding London - - 0.003%
As % of the Processes & Methodologies category - - 0.004%
Number of daily rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £513
Median daily rate (50th Percentile) - - £525
Median % change year-on-year - - +5.00%
75th Percentile - - £538
90th Percentile - - -
UK median daily rate £850 £837 £850
% change year-on-year +1.52% -1.50% +25.93%

All Process and Methodology Skills
UK excluding London

Quantitative Finance falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills in the UK excluding London.

Contract vacancies with a requirement for process or methodology skills 17,630 20,207 27,140
As % of all contract IT jobs advertised in the UK excluding London 82.67% 89.05% 89.30%
Number of daily rates quoted 10,358 13,864 18,970
10th Percentile £250 £260 £246
25th Percentile £375 £400 £400
Median daily rate (50th Percentile) £500 £500 £490
Median % change year-on-year - +2.04% +8.89%
75th Percentile £600 £600 £586
90th Percentile £688 £694 £663
UK median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 2,185 1,244 1,334
10th Percentile £12.50 £10.90 £12.49
25th Percentile £15.48 £15.21 £14.25
Median hourly rate £38.12 £34.90 £21.00
Median % change year-on-year +9.23% +66.18% -
75th Percentile £61.30 £63.75 £47.96
90th Percentile £72.90 £75.00 £63.60
UK median hourly rate £37.00 £35.65 £26.00
% change year-on-year +3.79% +37.12% +13.04%

Quantitative Finance
Job Vacancy Trend in the UK excluding London

Job postings citing Quantitative Finance as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for Quantitative Finance in the UK excluding London

Quantitative Finance
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing Quantitative Finance in the UK excluding London.

Daily rate trend for Quantitative Finance in the UK excluding London