Period
to 23 November 2017

The median contractor rate for an Actuary was £450 per day in advertised job vacancies during the 6 months to 23 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.

Actuary
UK
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 886 884 894
Rank change year-on-year -2 +10 -9
Contract jobs requiring an Actuary 1 7 1
As % of all contract IT jobs advertised in the UK 0.001% 0.007% 0.001%
As % of the Job Titles category 0.001% 0.007% 0.001%
Number of daily rates quoted 1 5 1
UK median daily rate £450 £650 £663
Median daily rate % change year-on-year -30.77% -1.89% +15.22%
10th Percentile £425 £418 £631
90th Percentile £475 £765 £694
UK excluding London median daily rate £450 £675 £663
% change year-on-year -33.33% +1.89% +20.45%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. 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
UK
Contract vacancies in the UK with a recognized job title 97742 99747 107875
% of contract IT jobs with a recognized job title 94.80% 94.76% 94.91%
Number of daily rates quoted 64508 65028 68632
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £260 £250 £250
90th Percentile £625 £600 £588
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00% +3.45%
Number of hourly rates quoted 2923 3319 4120
UK median hourly rate £18.70 £18.00 £18.00
Median hourly rate % change year-on-year +3.89% - +9.09%
10th Percentile £10.96 £10.50 £10.50
90th Percentile £47.83 £47.50 £45.00
UK excluding London median hourly rate £17.50 £17.50 £17.50

Actuary
Job Vacancy Trend

Job postings that featured Actuary in the job title as a percentage of all IT jobs advertised.

Job vacancy trend for Actuary in the UK

Actuary
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Actuary.

Contractor daily rate trend for Actuary in the UK

Actuary
Top 4 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Actuary within the UK over the 6 months to 23 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
UK excluding London +33 1 £450 -33.33%
England +11 1 £450 -33.33%
North West - 1 £450 -
North of England - 1 £450 -