Numerical Analysis Contracts

Numerical Analysis
UK

The table below provides summary statistics for contract job vacancies requiring Numerical Analysis skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Numerical Analysis over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 513 577 715
Rank change year-on-year +64 +138 +136
Contract jobs citing Numerical Analysis 7 5 3
As % of all contract jobs advertised in the UK 0.024% 0.011% 0.005%
As % of the Processes & Methodologies category 0.026% 0.013% 0.006%
Number of daily rates quoted 4 5 3
10th Percentile £781 - £420
25th Percentile £809 £825 £431
Median daily rate (50th Percentile) £875 £850 £450
Median % change year-on-year +2.91% +88.89% -14.29%
75th Percentile £969 £900 £500
90th Percentile £1,003 £930 £530
UK excluding London median daily rate - - -

All Process and Methodology Skills
UK

Numerical Analysis 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.

Contract vacancies with a requirement for process or methodology skills 26,594 37,597 53,655
As % of all contract IT jobs advertised in the UK 90.84% 86.31% 89.91%
Number of daily rates quoted 17,149 24,227 37,238
10th Percentile £308 £300 £325
25th Percentile £413 £413 £438
Median daily rate (50th Percentile) £520 £525 £550
Median % change year-on-year -0.95% -4.55% +4.76%
75th Percentile £630 £638 £650
90th Percentile £743 £750 £750
UK excluding London median daily rate £483 £500 £500
% change year-on-year -3.50% - +5.26%
Number of hourly rates quoted 1,071 2,443 1,746
10th Percentile £14.41 £12.75 £11.00
25th Percentile £18.21 £16.00 £16.25
Median hourly rate £29.00 £35.65 £37.30
Median % change year-on-year -18.65% -4.42% +49.20%
75th Percentile £60.38 £59.98 £65.00
90th Percentile £75.00 £72.50 £75.00
UK excluding London median hourly rate £27.50 £37.34 £36.00
% change year-on-year -26.35% +3.72% +80.00%

Numerical Analysis
Job Vacancy Trend

Job postings citing Numerical Analysis as a proportion of all IT jobs advertised.

Job vacancy trend for Numerical Analysis in the UK

Numerical Analysis
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Numerical Analysis.

Daily rate trend for Numerical Analysis in the UK

Numerical Analysis
Daily Rate Histogram

Daily rate distribution for jobs citing Numerical Analysis over the 6 months to 1 May 2025.

Daily rate histogram for Numerical Analysis in the UK

Numerical Analysis
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Numerical Analysis.

Hourly rate trend for Numerical Analysis in the UK

Numerical Analysis
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Numerical Analysis within the UK over the 6 months to 1 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 +59 7 £875 +2.91% 143
London +40 7 £875 +2.91% 9
Work from Home +39 2 - - 155

Numerical Analysis
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 1 (14.29%) SAS
Development Applications
1 6 (85.71%) Visual Studio
2 1 (14.29%) Git
General
1 7 (100.00%) Banking
2 6 (85.71%) Finance
2 6 (85.71%) Investment Banking
3 2 (28.57%) Analytical Skills
4 1 (14.29%) Social Skills
Job Titles
1 4 (57.14%) Developer
1 4 (57.14%) Quantitative Developer
2 2 (28.57%) Analyst
2 2 (28.57%) Qualitative Analyst
2 2 (28.57%) Quantitative Analyst
3 1 (14.29%) Analyst Developer
3 1 (14.29%) C++ Developer
3 1 (14.29%) C++ Quantitative Developer
3 1 (14.29%) Credit Analyst
3 1 (14.29%) Developer Analyst
3 1 (14.29%) Python Developer
3 1 (14.29%) Quantitative Analyst Developer
Libraries, Frameworks & Software Standards
1 1 (14.29%) Protocol Buffers
Miscellaneous
1 5 (71.43%) Derivative
1 5 (71.43%) Equity Derivative
2 4 (57.14%) Distributed Computing
3 3 (42.86%) Equities
4 1 (14.29%) Credit Risk
4 1 (14.29%) Fixed Income
Processes & Methodologies
1 6 (85.71%) Mathematics
1 6 (85.71%) Quantitative Finance
2 5 (71.43%) CI/CD
2 5 (71.43%) Data Analysis
2 5 (71.43%) Physics
3 3 (42.86%) PnL Attribution
4 2 (28.57%) Analytics
4 2 (28.57%) Data Pipeline
4 2 (28.57%) Risk Management
4 2 (28.57%) Test Automation
5 1 (14.29%) Black-Scholes
5 1 (14.29%) Credit Risk Modelling
5 1 (14.29%) Data Analytics
5 1 (14.29%) Data Management
5 1 (14.29%) Impact Analysis
5 1 (14.29%) Mathematical Modelling
5 1 (14.29%) Risk Analytics
5 1 (14.29%) Statistics
5 1 (14.29%) Stochastic Volatility
Programming Languages
1 7 (100.00%) Python
2 6 (85.71%) C++
Qualifications
1 7 (100.00%) Degree
2 6 (85.71%) Numerate Degree
3 2 (28.57%) Master's Degree
Vendors
1 1 (14.29%) Google