Insurance Business Analyst Contracts

Business Analyst - Insurance (Insurance BA)
UK

The median Business Analyst - Insurance (Insurance BA) daily rate in the UK is £550, according to job vacancies posted in the 6 months leading up to 3 August 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
3 Aug 2025
Same period 2024 Same period 2023
Rank 503 480 583
Rank change year-on-year -23 +103 +117
Contract jobs requiring an Insurance Business Analyst 53 82 85
As % of all contract jobs advertised in the UK 0.16% 0.21% 0.16%
As % of the Job Titles category 0.17% 0.23% 0.17%
Number of daily rates quoted 32 57 69
10th Percentile £438 £540 £510
25th Percentile £513 - £575
Median daily rate (50th Percentile) £550 £600 £600
Median % change year-on-year -8.33% - +6.19%
75th Percentile £615 £638 £638
90th Percentile £641 £750 £680
UK excluding London median daily rate £600 £513 £500
% change year-on-year +17.07% +2.50% -

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 30,315 36,280 50,499
% of contract IT jobs with a recognized job title 91.42% 92.94% 94.51%
Number of daily rates quoted 19,223 23,530 34,843
10th Percentile £281 £300 £306
25th Percentile £400 £413 £425
Median daily rate (50th Percentile) £500 £525 £538
Median % change year-on-year -4.76% -2.33% -0.46%
75th Percentile £623 £638 £650
90th Percentile £725 £750 £750
UK excluding London median daily rate £475 £500 £500
% change year-on-year -5.00% - +2.04%
Number of hourly rates quoted 1,498 2,061 1,518
10th Percentile £13.64 £14.16 £14.50
25th Percentile £17.30 £20.12 £19.00
Median hourly rate £25.15 £43.00 £42.75
Median % change year-on-year -41.51% +0.58% +66.47%
75th Percentile £53.99 £65.00 £65.00
90th Percentile £72.90 £75.00 £77.50
UK excluding London median hourly rate £25.15 £43.90 £39.55
% change year-on-year -42.71% +11.00% +86.12%

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 3 August 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 7 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 3 August 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 -7 50 £550 -8.33% 14
London -18 47 £550 -8.33% 11
Work from Home +30 25 £550 -21.43% 7
UK excluding London -2 2 £600 +17.07% 7
East of England +6 1 - - 1
North West +2 1 £600 +26.32% 1
North of England -10 1 £600 +26.32% 1

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

For the 6 months to 3 August 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 24 (45.28%) Agile
2 17 (32.08%) Social Skills
3 14 (26.42%) Business Analysis
4 10 (18.87%) Finance
5 8 (15.09%) User Stories
6 7 (13.21%) Reinsurance
6 7 (13.21%) Stakeholder Management
6 7 (13.21%) Salesforce
6 7 (13.21%) Data Analysis
7 6 (11.32%) Decision-Making
7 6 (11.32%) Problem-Solving
7 6 (11.32%) Requirements Gathering
7 6 (11.32%) Analytical Skills
7 6 (11.32%) Stakeholder Engagement
7 6 (11.32%) Waterfall
8 5 (9.43%) Analytics
8 5 (9.43%) Use Case
9 4 (7.55%) Document Management
9 4 (7.55%) GAP Analysis
9 4 (7.55%) SQL
9 4 (7.55%) Acceptance Criteria
9 4 (7.55%) Guidewire
10 3 (5.66%) Migration
10 3 (5.66%) Strategic Thinking
10 3 (5.66%) Scaled Agile Framework
10 3 (5.66%) Workshop Facilitation
10 3 (5.66%) Change Management
10 3 (5.66%) Workflow
10 3 (5.66%) Scrum
10 3 (5.66%) Artificial Intelligence

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:

Application Platforms
1 2 (3.77%) SharePoint
2 1 (1.89%) Confluence
Applications
1 1 (1.89%) Microsoft Excel
1 1 (1.89%) MS Visio
Business Applications
1 1 (1.89%) Dynamics CRM
Cloud Services
1 1 (1.89%) Azure
Database & Business Intelligence
1 2 (3.77%) Data Warehouse
2 1 (1.89%) Data Lake
2 1 (1.89%) Enterprise Data Warehouse
2 1 (1.89%) Relational Database
Development Applications
1 1 (1.89%) JIRA
General
1 17 (32.08%) Social Skills
2 10 (18.87%) Finance
3 6 (11.32%) Analytical Skills
4 3 (5.66%) Influencing Skills
4 3 (5.66%) Presentation Skills
5 2 (3.77%) Inclusion and Diversity
5 2 (3.77%) Law
5 2 (3.77%) Organisational Skills
6 1 (1.89%) Back Office
Libraries, Frameworks & Software Standards
1 1 (1.89%) DCOM
1 1 (1.89%) JSON
1 1 (1.89%) Lightning Web Components
Miscellaneous
1 7 (13.21%) Reinsurance
2 2 (3.77%) Analytical Mindset
2 2 (3.77%) Greenfield Project
2 2 (3.77%) Onboarding
2 2 (3.77%) Product Ownership
3 1 (1.89%) Low-Code
3 1 (1.89%) Taxonomies
Processes & Methodologies
1 24 (45.28%) Agile
2 14 (26.42%) Business Analysis
3 8 (15.09%) User Stories
4 7 (13.21%) Data Analysis
4 7 (13.21%) Stakeholder Management
5 6 (11.32%) Decision-Making
5 6 (11.32%) Problem-Solving
5 6 (11.32%) Requirements Gathering
5 6 (11.32%) Stakeholder Engagement
5 6 (11.32%) Waterfall
6 5 (9.43%) Analytics
6 5 (9.43%) Use Case
7 4 (7.55%) Acceptance Criteria
7 4 (7.55%) Document Management
7 4 (7.55%) GAP Analysis
8 3 (5.66%) Artificial Intelligence
8 3 (5.66%) Migration
8 3 (5.66%) Scrum
8 3 (5.66%) Strategic Thinking
8 3 (5.66%) Workflow
Programming Languages
1 4 (7.55%) SQL
2 2 (3.77%) Python
3 1 (1.89%) Apex Code
Qualifications
1 2 (3.77%) Degree
2 1 (1.89%) CISM
2 1 (1.89%) CISSP
2 1 (1.89%) CRISC
2 1 (1.89%) ISEB
2 1 (1.89%) Master's Degree
2 1 (1.89%) PRINCE2 Certification
Quality Assurance & Compliance
1 1 (1.89%) Data Quality
1 1 (1.89%) GDPR
1 1 (1.89%) ISO/IEC 27001
1 1 (1.89%) NIST
1 1 (1.89%) QA
Vendors
1 7 (13.21%) Salesforce
2 4 (7.55%) Guidewire
3 3 (5.66%) Duck Creek
4 2 (3.77%) Intapp
5 1 (1.89%) Microsoft
5 1 (1.89%) PeopleSoft