Quantitative Risk Management Contract Job Trends

Quantitative Risk Management (QRM)
UK

The table below provides summary statistics and contractor rates for jobs requiring Quantitative Risk Management skills. It covers contract job vacancies from the 6 months leading up to 21 December 2025, with comparisons to the same periods in the previous two years.

6 months to
21 Dec 2025
Same period 2024 Same period 2023
Rank 582 527 598
Rank change year-on-year -55 +71 +201
Contract jobs citing Quantitative Risk Management 4 8 5
As % of all contract jobs in the UK 0.011% 0.024% 0.011%
As % of the Processes & Methodologies category 0.012% 0.027% 0.013%
Number of daily rates quoted 2 5 2
10th Percentile £238 - -
25th Percentile £284 - -
Median daily rate (50th Percentile) £370 £770 £666
Median % change year-on-year -51.95% +15.62% +11.00%
75th Percentile £459 - -
90th Percentile £506 £783 -
UK excluding London median daily rate £525 - -

All Process and Methodology Skills
UK

Quantitative Risk Management 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 32,432 29,959 38,773
As % of all contract IT jobs advertised in the UK 88.29% 88.23% 88.50%
Number of daily rates quoted 20,397 18,286 25,908
10th Percentile £300 £307 £306
25th Percentile £406 £413 £420
Median daily rate (50th Percentile) £500 £525 £530
Median % change year-on-year -4.76% -0.94% -3.64%
75th Percentile £615 £638 £650
90th Percentile £723 £743 £744
UK excluding London median daily rate £475 £500 £500
% change year-on-year -5.00% - -
Number of hourly rates quoted 2,093 972 1,488
10th Percentile £14.51 £15.62 £14.33
25th Percentile £17.50 £20.30 £18.99
Median hourly rate £25.15 £32.50 £43.84
Median % change year-on-year -22.62% -25.86% +25.25%
75th Percentile £50.00 £62.50 £65.00
90th Percentile £68.00 £73.75 £77.50
UK excluding London median hourly rate £23.00 £31.50 £44.50
% change year-on-year -26.98% -29.21% +39.26%

Quantitative Risk Management
Job Vacancy Trend

Historical trend showing the proportion of contract IT job postings citing Quantitative Risk Management relative to all contract IT jobs advertised.

Quantitative Risk Management job vacancy trend in the UK

Quantitative Risk Management
Daily Rate Trend

Contractor daily rate distribution trend for jobs in the UK citing Quantitative Risk Management.

Contractor daily rate distribution trend for jobs in the UK citing Quantitative Risk Management

Quantitative Risk Management
Daily Rate Histogram

Daily rate distribution for jobs citing Quantitative Risk Management over the 6 months to 21 December 2025.

Daily rate histogram for Quantitative Risk Management in the UK

Quantitative Risk Management
Top 5 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 Management within the UK over the 6 months to 21 December 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 -34 4 £370 -51.95%
London -7 3 £215 -72.08%
West Midlands -30 1 £525 -
UK excluding London -31 1 £525 -
Midlands -36 1 £525 -

Quantitative Risk Management
Co-Occurring Skills & Capabilities by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

Application Platforms
1 2 (50.00%) SAS
Cloud Services
1 1 (25.00%) Power Platform
Database & Business Intelligence
1 1 (25.00%) Power BI
General
1 4 (100.00%) Finance
2 3 (75.00%) Analytical Skills
3 2 (50.00%) Banking
4 1 (25.00%) Financial Institution
4 1 (25.00%) Public Sector
4 1 (25.00%) Retail
4 1 (25.00%) Retail Banking
4 1 (25.00%) Social Skills
Job Titles
1 2 (50.00%) Analyst
1 2 (50.00%) Banking Analyst
1 2 (50.00%) Risk Analyst
1 2 (50.00%) Risk Management Analyst
1 2 (50.00%) Senior
1 2 (50.00%) Senior Analyst
1 2 (50.00%) Senior Risk Analyst
1 2 (50.00%) Validation Analyst
2 1 (25.00%) Consultant
2 1 (25.00%) Graduate
2 1 (25.00%) Graduate Consultant
2 1 (25.00%) Graduate Management Consultant
2 1 (25.00%) Lead
2 1 (25.00%) Management Consultant
2 1 (25.00%) Quantitative Consultant
2 1 (25.00%) Quantitative Risk Consultant
2 1 (25.00%) Risk Consultant
2 1 (25.00%) Risk Management Consultant
Miscellaneous
1 1 (25.00%) Derivative
Processes & Methodologies
1 3 (75.00%) Mathematics
1 3 (75.00%) Model Validation
1 3 (75.00%) Risk Management
1 3 (75.00%) Statistics
1 3 (75.00%) Validation
2 2 (50.00%) Analytics
2 2 (50.00%) Attestation
2 2 (50.00%) Data Science
2 2 (50.00%) Inventory Management
2 2 (50.00%) Line Management
2 2 (50.00%) Quantitative Analysis
2 2 (50.00%) Stakeholder Management
3 1 (25.00%) Business Intelligence
3 1 (25.00%) Data Cleansing
3 1 (25.00%) Economics
3 1 (25.00%) Financial Modelling
3 1 (25.00%) Probability Theory
3 1 (25.00%) Risk Analysis
3 1 (25.00%) Risk Analytics
3 1 (25.00%) Stochastic Modelling
Programming Languages
1 3 (75.00%) Python
1 3 (75.00%) SQL
2 2 (50.00%) R
3 1 (25.00%) C++
Qualifications
1 3 (75.00%) Degree
2 1 (25.00%) Master's Degree
2 1 (25.00%) Numerate Degree
2 1 (25.00%) Security Cleared
Quality Assurance & Compliance
1 1 (25.00%) IFRS
1 1 (25.00%) IFRS 9
1 1 (25.00%) QA