Numerical Analysis Contracts

Numerical Analysis
UK

The following table provides summary statistics for contract job vacancies with a requirement for Numerical Analysis skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Numerical Analysis over the 6 months to 25 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
25 Apr 2024
Same period 2023 Same period 2022
Rank 580 719 826
Rank change year-on-year +139 +107 -153
Contract jobs citing Numerical Analysis 6 3 5
As % of all contract jobs advertised in the UK 0.014% 0.005% 0.006%
As % of the Processes & Methodologies category 0.016% 0.006% 0.006%
Number of daily rates quoted 6 3 4
10th Percentile £779 £420 -
25th Percentile £825 £431 £513
Median daily rate (50th Percentile) £850 £450 £525
Median % change year-on-year +88.89% -14.29% -
75th Percentile £894 £500 £575
90th Percentile £925 £530 £643
UK excluding London median daily rate - - -

All Process and Methodology Skills
UK

Numerical Analysis is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,653 53,977 80,244
As % of all contract IT jobs advertised in the UK 86.28% 89.91% 90.57%
Number of daily rates quoted 24,313 37,392 56,301
10th Percentile £300 £325 £340
25th Percentile £413 £438 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +8.25%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +9.83%
Number of hourly rates quoted 2,429 1,779 1,937
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.54 £15.25
Median hourly rate £35.00 £37.50 £25.00
Median % change year-on-year -6.67% +50.00% -
75th Percentile £59.44 £65.00 £49.25
90th Percentile £72.50 £75.00 £63.75
UK excluding London median hourly rate £35.98 £35.90 £20.00
% change year-on-year +0.21% +79.50% -8.09%

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 25 April 2024.

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 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 +123 6 £850 +88.89% 9
London +109 6 £850 +88.89% 3
Work from Home +129 4 £850 +88.89% 2

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:

Applications
1 5 (83.33%) Microsoft Excel
Development Applications
1 6 (100.00%) Visual Studio
2 5 (83.33%) Git
General
1 6 (100.00%) Banking
1 6 (100.00%) Finance
1 6 (100.00%) Investment Banking
2 4 (66.67%) Front Office
Job Titles
1 5 (83.33%) Analyst
1 5 (83.33%) Qualitative Analyst
1 5 (83.33%) Quantitative Analyst
2 1 (16.67%) C++ Developer
2 1 (16.67%) C++ Quantitative Developer
2 1 (16.67%) Developer
2 1 (16.67%) Quantitative Developer
Miscellaneous
1 6 (100.00%) Distributed Computing
1 6 (100.00%) Equities
2 5 (83.33%) Fixed Income
2 5 (83.33%) Foreign Exchange (FX)
3 1 (16.67%) Derivative
3 1 (16.67%) Equity Derivative
Operating Systems
1 5 (83.33%) Linux
1 5 (83.33%) Unix
1 5 (83.33%) Windows
Processes & Methodologies
1 6 (100.00%) Mathematics
1 6 (100.00%) Physics
1 6 (100.00%) Quantitative Finance
2 5 (83.33%) Analytics
2 5 (83.33%) Data Analytics
2 5 (83.33%) Mathematical Modelling
3 1 (16.67%) CI/CD
3 1 (16.67%) Data Analysis
3 1 (16.67%) PnL Attribution
Programming Languages
1 6 (100.00%) C++
1 6 (100.00%) Python
2 5 (83.33%) C#
2 5 (83.33%) Java
2 5 (83.33%) Perl
2 5 (83.33%) Shell Script
2 5 (83.33%) VBA
Qualifications
1 6 (100.00%) Degree
1 6 (100.00%) Numerate Degree