Quantitative Risk Analyst Contract Job Trends

Quantitative Risk Analyst
UK

The median Quantitative Risk Analyst daily rate in the UK is £700, according to job vacancies posted in the 6 months leading up to 17 September 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
17 Sep 2025
Same period 2024 Same period 2023
Rank 556 570 613
Rank change year-on-year +14 +43 +224
Contract jobs requiring a Quantitative Risk Analyst 3 3 26
As % of all contract jobs advertised in the UK 0.009% 0.008% 0.052%
As % of the Job Titles category 0.010% 0.008% 0.056%
Number of daily rates quoted 3 3 23
10th Percentile £653 £597 £534
25th Percentile £656 £626 £638
Median daily rate (50th Percentile) £700 £750 £800
Median % change year-on-year -6.67% -6.25% -8.57%
75th Percentile £725 £938 £1,131
90th Percentile £740 £1,005 £1,188
UK excluding London median daily rate - - -

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 29,996 35,551 46,729
% of contract IT jobs with a recognized job title 91.07% 92.96% 94.22%
Number of daily rates quoted 18,952 21,923 31,999
10th Percentile £278 £300 £300
25th Percentile £400 £413 £425
Median daily rate (50th Percentile) £500 £525 £530
Median % change year-on-year -4.76% -0.94% -3.64%
75th Percentile £621 £638 £650
90th Percentile £725 £750 £750
UK excluding London median daily rate £475 £500 £500
% change year-on-year -5.00% - -
Number of hourly rates quoted 1,570 1,683 1,490
10th Percentile £13.75 £14.73 £15.00
25th Percentile £17.30 £20.30 £19.06
Median hourly rate £25.15 £43.00 £43.88
Median % change year-on-year -41.51% -2.01% +68.77%
75th Percentile £52.50 £65.00 £65.00
90th Percentile £70.00 £75.00 £77.50
UK excluding London median hourly rate £25.15 £45.00 £42.50
% change year-on-year -44.11% +5.88% +93.18%

Quantitative Risk Analyst
Job Vacancy Trend

Job postings that featured Quantitative Risk Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Quantitative Risk Analyst in the UK

Quantitative Risk Analyst
Daily Rate Trend

Contractor daily rate distribution trend for Quantitative Risk Analyst job vacancies in the UK.

Contractor daily rate distribution trend for Quantitative Risk Analyst job vacancies in the UK

Quantitative Risk Analyst
Top 2 Contract Job Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Risk Analyst within the UK over the 6 months to 17 September 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 +32 3 £700 -6.67% 1
London +26 3 £700 -6.67% 1

Quantitative Risk Analyst Skill Set
Top 20 Co-occurring Skills and Capabilities

For the 6 months to 17 September 2025, Quantitative Risk 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 Quantitative Risk Analyst in the job title.

1 3 (100.00%) VBA
1 3 (100.00%) Python
1 3 (100.00%) Microsoft Excel
1 3 (100.00%) Front Office
1 3 (100.00%) Finance
1 3 (100.00%) Validation
1 3 (100.00%) Bankmaster
1 3 (100.00%) Microsoft PowerPoint
1 3 (100.00%) Mathematics
1 3 (100.00%) Physics
1 3 (100.00%) PnL Attribution
1 3 (100.00%) Greeks
2 2 (66.67%) Social Skills
2 2 (66.67%) Quantitative Research
3 1 (33.33%) Market Risk
3 1 (33.33%) Degree
3 1 (33.33%) Investment Banking
3 1 (33.33%) Banking
3 1 (33.33%) Master's Degree
3 1 (33.33%) Decision-Making

Quantitative Risk 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 3 (100.00%) Microsoft Excel
1 3 (100.00%) Microsoft PowerPoint
Business Applications
1 3 (100.00%) Bankmaster
General
1 3 (100.00%) Finance
1 3 (100.00%) Front Office
2 2 (66.67%) Social Skills
3 1 (33.33%) Banking
3 1 (33.33%) Investment Banking
Miscellaneous
1 1 (33.33%) Market Risk
Processes & Methodologies
1 3 (100.00%) Greeks
1 3 (100.00%) Mathematics
1 3 (100.00%) Physics
1 3 (100.00%) PnL Attribution
1 3 (100.00%) Validation
2 2 (66.67%) Quantitative Research
3 1 (33.33%) Decision-Making
Programming Languages
1 3 (100.00%) Python
1 3 (100.00%) VBA
Qualifications
1 1 (33.33%) Degree
1 1 (33.33%) Master's Degree