Senior Quantitative Developer Contracts

Senior Quant Developer
UK

The median Senior Quant Developer daily rate in the UK is £825, according to job vacancies posted in the 6 months leading up to 1 May 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
1 May 2025
Same period 2024 Same period 2023
Rank 513 574 673
Rank change year-on-year +61 +99 +171
Contract jobs requiring a Senior Quantitative Developer 7 8 45
As % of all contract jobs advertised in the UK 0.024% 0.018% 0.075%
As % of the Job Titles category 0.026% 0.020% 0.080%
Number of daily rates quoted 5 3 30
10th Percentile - £845 £759
25th Percentile £788 £875 £775
Median daily rate (50th Percentile) £825 £950 £850
Median % change year-on-year -13.16% +11.76% -2.86%
75th Percentile £863 £1,088 £913
90th Percentile £864 £1,155 £950
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 27,084 40,415 56,464
% of contract IT jobs with a recognized job title 92.52% 92.78% 94.61%
Number of daily rates quoted 17,692 26,309 39,470
10th Percentile £300 £275 £313
25th Percentile £406 £410 £425
Median daily rate (50th Percentile) £515 £525 £540
Median % change year-on-year -1.90% -2.78% +2.86%
75th Percentile £625 £638 £650
90th Percentile £738 £750 £750
UK excluding London median daily rate £475 £492 £500
% change year-on-year -3.46% -1.60% +5.26%
Number of hourly rates quoted 1,035 2,664 1,570
10th Percentile £14.07 £12.86 £14.29
25th Percentile £18.50 £16.30 £19.50
Median hourly rate £29.00 £36.42 £45.00
Median % change year-on-year -20.37% -19.07% +91.49%
75th Percentile £62.50 £60.75 £65.75
90th Percentile £75.00 £72.50 £75.75
UK excluding London median hourly rate £28.00 £39.55 £42.50
% change year-on-year -29.20% -6.94% +117.95%

Senior Quantitative Developer
Job Vacancy Trend

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

Job vacancy trend for Senior Quantitative Developer in the UK

Senior Quantitative Developer
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Senior Quantitative Developer.

Daily rate trend for Senior Quantitative Developer in the UK

Senior Quantitative Developer
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 Senior Quantitative Developer 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 +56 7 £825 -13.16% 6
London +37 7 £825 -13.16% 6
Work from Home +41 1 £825 - 1

Senior Quantitative Developer Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 1 May 2025, Senior Quantitative Developer 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 Senior Quantitative Developer in the job title.

1 7 (100.00%) Python
2 5 (71.43%) Finance
2 5 (71.43%) Degree
3 4 (57.14%) Analytics
4 3 (42.86%) Hedge funds
4 3 (42.86%) Mathematics
4 3 (42.86%) Market Risk
5 2 (28.57%) Monte Carlo Method
5 2 (28.57%) Azure
5 2 (28.57%) Derivative
5 2 (28.57%) Statistics
5 2 (28.57%) Risk Assessment
5 2 (28.57%) Credit Risk
5 2 (28.57%) Risk Management
5 2 (28.57%) Windows
5 2 (28.57%) Linux
5 2 (28.57%) NumPy
5 2 (28.57%) Numerate Degree
5 2 (28.57%) Problem-Solving
5 2 (28.57%) TypeScript
5 2 (28.57%) Time Series Analysis
5 2 (28.57%) Pandas
5 2 (28.57%) Analytical Skills
5 2 (28.57%) Pricing Analytics
5 2 (28.57%) Social Skills
6 1 (14.29%) Snowflake
6 1 (14.29%) Event-Driven
6 1 (14.29%) FastAPI
6 1 (14.29%) CI/CD
6 1 (14.29%) Architectural Patterns

Senior Quantitative Developer 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:

Cloud Services
1 2 (28.57%) Azure
2 1 (14.29%) AWS
2 1 (14.29%) GitHub
2 1 (14.29%) Snowflake
Database & Business Intelligence
1 1 (14.29%) Big Data
Development Applications
1 1 (14.29%) Git
1 1 (14.29%) Jenkins
General
1 5 (71.43%) Finance
2 2 (28.57%) Analytical Skills
2 2 (28.57%) Social Skills
3 1 (14.29%) Banking
3 1 (14.29%) Law
3 1 (14.29%) Legal
Libraries, Frameworks & Software Standards
1 2 (28.57%) NumPy
1 2 (28.57%) Pandas
2 1 (14.29%) ADO
2 1 (14.29%) FastAPI
2 1 (14.29%) PySpark
2 1 (14.29%) scikit-learn
Miscellaneous
1 3 (42.86%) Hedge funds
1 3 (42.86%) Market Risk
2 2 (28.57%) Credit Risk
2 2 (28.57%) Derivative
Operating Systems
1 2 (28.57%) Linux
1 2 (28.57%) Windows
Processes & Methodologies
1 4 (57.14%) Analytics
2 3 (42.86%) Mathematics
3 2 (28.57%) Monte Carlo Method
3 2 (28.57%) Pricing Analytics
3 2 (28.57%) Problem-Solving
3 2 (28.57%) Risk Assessment
3 2 (28.57%) Risk Management
3 2 (28.57%) Statistics
3 2 (28.57%) Time Series Analysis
4 1 (14.29%) Agile
4 1 (14.29%) Architectural Patterns
4 1 (14.29%) CI/CD
4 1 (14.29%) Code Optimisation
4 1 (14.29%) Event-Driven
4 1 (14.29%) Fintech
4 1 (14.29%) Investment Management
4 1 (14.29%) Parallel Computing
4 1 (14.29%) Predictive Modelling
4 1 (14.29%) Test Automation
4 1 (14.29%) Web Development
Programming Languages
1 7 (100.00%) Python
2 2 (28.57%) TypeScript
3 1 (14.29%) C++
3 1 (14.29%) JavaScript
Qualifications
1 5 (71.43%) Degree
2 2 (28.57%) Numerate Degree
Vendors
1 1 (14.29%) Bloomberg
1 1 (14.29%) Refinitiv
1 1 (14.29%) Reuters