Business Analyst - Insurance (Insurance BA)
UK
The median Business Analyst - Insurance (Insurance BA) daily rate in the UK is £600 according to job vacancies posted during the 6 months to 25 April 2024.
The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.
| 6 months to 25 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 509 | 603 | 652 |
| Rank change year-on-year | +94 | +49 | -57 |
| Contract jobs requiring an Insurance Business Analyst | 77 | 119 | 180 |
| As % of all contract jobs advertised in the UK | 0.18% | 0.20% | 0.20% |
| As % of the Job Titles category | 0.19% | 0.21% | 0.21% |
| Number of daily rates quoted | 53 | 106 | 161 |
| 10th Percentile | £514 | £500 | £475 |
| 25th Percentile | £575 | £550 | £505 |
| Median daily rate (50th Percentile) | £600 | £580 | £550 |
| Median % change year-on-year | +3.45% | +5.45% | +10.00% |
| 75th Percentile | £675 | £600 | £600 |
| 90th Percentile | £750 | £650 | £650 |
| UK excluding London median daily rate | - | £500 | £500 |
| % change year-on-year | - | - | +13.64% |
All Contract IT Job Vacancies
UK
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.
| Contract vacancies in the UK with a recognized job title | 40,482 | 56,783 | 84,604 |
| % of contract IT jobs with a recognized job title | 92.77% | 94.58% | 95.49% |
| Number of daily rates quoted | 26,407 | 39,621 | 59,331 |
| 10th Percentile | £275 | £313 | £313 |
| 25th Percentile | £408 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £540 | £525 |
| Median % change year-on-year | -2.78% | +2.86% | +10.53% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £725 |
| UK excluding London median daily rate | £490 | £500 | £475 |
| % change year-on-year | -2.00% | +5.26% | +11.76% |
| Number of hourly rates quoted | 2,642 | 1,607 | 2,111 |
| 10th Percentile | £12.86 | £14.28 | £12.50 |
| 25th Percentile | £16.30 | £19.45 | £15.50 |
| Median hourly rate | £35.68 | £45.00 | £23.00 |
| Median % change year-on-year | -20.71% | +95.65% | +1.41% |
| 75th Percentile | £60.00 | £65.75 | £48.75 |
| 90th Percentile | £72.50 | £75.60 | £63.00 |
| UK excluding London median hourly rate | £37.50 | £42.50 | £19.50 |
| % change year-on-year | -11.76% | +117.95% | +2.63% |
Insurance Business Analyst
Job Vacancy Trend
Job postings that featured Insurance Business Analyst in the job title as a proportion of all IT jobs advertised.
Insurance Business Analyst
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Insurance Business Analyst.
Insurance Business Analyst
Daily Rate Histogram
Daily rate distribution for jobs citing Insurance Business Analyst over the 6 months to 25 April 2024.
Insurance Business Analyst
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Insurance Business Analyst.
Insurance Business Analyst
Top 5 Contract Locations
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 UK over the 6 months to 25 April 2024. 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 Jobs |
|---|---|---|---|---|---|
| England | +78 | 74 | £600 | +3.45% | 3 |
| London | +74 | 73 | £600 | - | 3 |
| Work from Home | +98 | 24 | £750 | +30.43% | 1 |
| UK excluding London | +61 | 1 | - | - | |
| Midlands | +25 | 1 | - | - |
Insurance Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 25 April 2024, Insurance Business Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Insurance Business Analyst in the job title.
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Insurance Business Analyst Skill Set
Co-occurring Skills and Capabilities by Category
The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories: