Insurance Business Analyst Contracts

Business Analyst - Insurance (Insurance BA)
UK

The median Business Analyst - Insurance (Insurance BA) daily rate in the UK is £615, according to job vacancies posted in the 6 months leading up to 2 May 2025.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
2 May 2025
Same period 2024 Same period 2023
Rank 483 522 591
Rank change year-on-year +39 +69 +83
Contract jobs requiring an Insurance Business Analyst 37 76 121
As % of all contract jobs advertised in the UK 0.13% 0.17% 0.20%
As % of the Job Titles category 0.14% 0.19% 0.21%
Number of daily rates quoted 24 53 108
10th Percentile £448 £514 £500
25th Percentile £513 £563 £550
Median daily rate (50th Percentile) £615 £600 £580
Median % change year-on-year +2.50% +3.45% +5.45%
75th Percentile £756 £675 £600
90th Percentile £825 £750 £650
UK excluding London median daily rate £700 - £500

All Contract IT Job Vacancies
UK

For comparison with the information above, the following table provides 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 27,138 40,367 56,304
% of contract IT jobs with a recognized job title 92.49% 92.78% 94.61%
Number of daily rates quoted 17,714 26,265 39,350
10th Percentile £300 £275 £313
25th Percentile £406 £410 £425
Median daily rate (50th Percentile) £515 £525 £540
Median % change year-on-year -1.90% -2.78% +2.86%
75th Percentile £625 £638 £650
90th Percentile £738 £750 £750
UK excluding London median daily rate £475 £493 £500
% change year-on-year -3.55% -1.50% +5.26%
Number of hourly rates quoted 1,034 2,668 1,565
10th Percentile £14.06 £12.86 £14.25
25th Percentile £18.50 £16.30 £19.40
Median hourly rate £29.00 £36.02 £45.00
Median % change year-on-year -19.49% -19.95% +91.49%
75th Percentile £62.50 £60.75 £65.75
90th Percentile £75.00 £72.50 £75.75
UK excluding London median hourly rate £28.00 £39.50 £42.43
% change year-on-year -29.11% -6.91% +117.60%

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.

Job vacancy trend for Insurance Business Analyst in the UK

Insurance Business Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Insurance Business Analyst.

Daily rate trend for Insurance Business Analyst in the UK

Insurance Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Insurance Business Analyst over the 6 months to 2 May 2025.

Daily rate histogram for Insurance Business Analyst in the UK

Insurance Business Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Insurance Business Analyst.

Hourly rate trend for Insurance Business Analyst in the UK

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 2 May 2025. 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 +18 37 £615 +2.50% 10
London +5 36 £615 +2.50% 10
Work from Home +42 18 £538 -28.33% 5
UK excluding London +60 1 £700 - 3
East of England - 1 £700 -

Insurance Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 2 May 2025, 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.

1 16 (43.24%) Finance
2 15 (40.54%) Social Skills
3 10 (27.03%) Business Analysis
4 9 (24.32%) Agile
5 6 (16.22%) Presentation Skills
5 6 (16.22%) Influencing Skills
5 6 (16.22%) Strategic Thinking
6 5 (13.51%) Decision-Making
7 4 (10.81%) Problem-Solving
7 4 (10.81%) Requirements Gathering
7 4 (10.81%) Stakeholder Management
7 4 (10.81%) Waterfall
7 4 (10.81%) Analytical Skills
7 4 (10.81%) Target Operating Model
8 3 (8.11%) Use Case
8 3 (8.11%) Business Intelligence
8 3 (8.11%) Asset Management
8 3 (8.11%) Artificial Intelligence
8 3 (8.11%) Stakeholder Engagement
9 2 (5.41%) Databricks
9 2 (5.41%) Power BI
9 2 (5.41%) Data Lineage
9 2 (5.41%) Power Platform
9 2 (5.41%) Analytical Mindset
9 2 (5.41%) Scaled Agile Framework
9 2 (5.41%) Duck Creek
9 2 (5.41%) SAP
9 2 (5.41%) Python
9 2 (5.41%) MATLAB
9 2 (5.41%) Marketing

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:

Applications
1 1 (2.70%) Microsoft Excel
1 1 (2.70%) Microsoft PowerPoint
Cloud Services
1 2 (5.41%) Power Platform
2 1 (2.70%) Azure
2 1 (2.70%) Azure DevOps
2 1 (2.70%) PowerApps
Database & Business Intelligence
1 2 (5.41%) Power BI
Development Applications
1 1 (2.70%) JIRA
General
1 16 (43.24%) Finance
2 15 (40.54%) Social Skills
3 6 (16.22%) Influencing Skills
3 6 (16.22%) Presentation Skills
4 4 (10.81%) Analytical Skills
5 2 (5.41%) Marketing
6 1 (2.70%) Law
6 1 (2.70%) Organisational Skills
Libraries, Frameworks & Software Standards
1 1 (2.70%) Prophet
Miscellaneous
1 2 (5.41%) Analytical Mindset
1 2 (5.41%) Reinsurance
2 1 (2.70%) Credit Risk
2 1 (2.70%) Taxonomies
Processes & Methodologies
1 10 (27.03%) Business Analysis
2 9 (24.32%) Agile
3 6 (16.22%) Strategic Thinking
4 5 (13.51%) Decision-Making
5 4 (10.81%) Problem-Solving
5 4 (10.81%) Requirements Gathering
5 4 (10.81%) Stakeholder Management
5 4 (10.81%) Target Operating Model
5 4 (10.81%) Waterfall
6 3 (8.11%) Artificial Intelligence
6 3 (8.11%) Asset Management
6 3 (8.11%) Business Intelligence
6 3 (8.11%) Stakeholder Engagement
6 3 (8.11%) Use Case
7 2 (5.41%) Analytics
7 2 (5.41%) Data Analysis
7 2 (5.41%) Data Lineage
7 2 (5.41%) Product Management
7 2 (5.41%) Test Strategy
7 2 (5.41%) User Stories
Programming Languages
1 2 (5.41%) MATLAB
1 2 (5.41%) Python
2 1 (2.70%) SQL
Qualifications
1 1 (2.70%) CISM
1 1 (2.70%) CISSP
1 1 (2.70%) CRISC
Quality Assurance & Compliance
1 1 (2.70%) GDPR
1 1 (2.70%) ISO/IEC 27001
1 1 (2.70%) NIST
1 1 (2.70%) Solvency II
Vendors
1 2 (5.41%) Databricks
1 2 (5.41%) Duck Creek
1 2 (5.41%) SAP
2 1 (2.70%) Guidewire
2 1 (2.70%) Salesforce