The median contractor rate for a Risk Analyst was £428 per day in advertised job vacancies in the West Midlands during the 3 months to 29 March 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Risk Analyst
England / West Midlands
3 months to
29 Mar 2017
Same period 2016 Same period 2015
Rank 109 125 126
Rank change year-on-year +16 +1  
Contract jobs requiring a Risk Analyst 6 4 1
As % of all contract IT jobs advertised in the West Midlands 0.27% 0.15% 0.039%
As % of the Job Titles category 0.28% 0.15% 0.042%
Number of daily rates quoted 5 2 1
Median daily rate £428 £463 £325
Median daily rate % change year-on-year -7.56% +42.30%  
UK excluding London median daily rate £438 £450 £425
% change year-on-year -2.77% +5.88%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £36.50 - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in the West Midlands. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
West Midlands
Contract job vacancies with a job title containing a recognized job role 2107 2627 2407
As % of all contract IT job vacancies advertised in the West Midlands 94.15% 95.63% 94.06%
Number of daily rates quoted 1322 1463 1357
Median daily rate £400 £400 £360
Median daily rate % change year-on-year - +11.11%  
90% offered a daily rate of more than £238 £250 £219
10% offered a daily rate of more than £500 £513 £500
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 97 70 170
Median hourly rate £16.00 £15.00 £16.60
Median hourly rate % change year-on-year +6.66% -9.63%  
90% offered a hourly rate of more than £11.50 £10.00 £11.50
10% offered a hourly rate of more than £32.50 £35.00 £33.00
UK excluding London median hourly rate £17.50 £19.50 £17.00
% change year-on-year -10.25% +14.70%  

Risk Analyst
Job Vacancy Trend in the West Midlands

The job posting trend of jobs advertised in the West Midlands that featured Risk Analyst in the job title.

Job vacancy trend for Risk Analyst in the West Midlands

Risk Analyst
Contractor Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Risk Analyst in the West Midlands.

Contractor daily rate trend for Risk Analyst in the West Midlands

Risk Analyst
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Risk Analyst within the West Midlands region over the 3 months to 29 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Warwickshire - 4 £438 -
Wolverhampton - 2 £408 -
Risk Analyst
England

Risk Analyst Skill Set
Top 30 Co-occurring IT Skills in the West Midlands

For the 6 months to 29 March 2017, Risk Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the West Midlands region featuring Risk Analyst in the job title.

1 7 (43.75%) Stakeholder Management
2 6 (37.50%) Risk Management
2 6 (37.50%) Information Security
3 5 (31.25%) Business Analysis
4 4 (25.00%) Compliance Management
4 4 (25.00%) Risk and Compliance Management
4 4 (25.00%) COSO
4 4 (25.00%) Process Improvement
4 4 (25.00%) Legal
5 3 (18.75%) Agile Software Development
5 3 (18.75%) GAP Analysis
5 3 (18.75%) Management Information System
5 3 (18.75%) Risk Assessment
5 3 (18.75%) Project Management
5 3 (18.75%) Web Services
5 3 (18.75%) SharePoint
5 3 (18.75%) Cybersecurity
5 3 (18.75%) Performance Analysis
5 3 (18.75%) Behavioural Change
5 3 (18.75%) Coaching
5 3 (18.75%) Analytical Skills
5 3 (18.75%) Waterfall
6 2 (12.50%) Process Management
6 2 (12.50%) Finance
6 2 (12.50%) Automotive
6 2 (12.50%) User Acceptance Testing
6 2 (12.50%) Credit Risk
6 2 (12.50%) Retail Banking
6 2 (12.50%) Banking
6 2 (12.50%) Retail

Risk Analyst Skill Set
Co-occurring IT Skills in the West Midlands by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (18.75%) SharePoint
Applications
1 1 (6.25%) Spreadsheet
General
1 4 (25.00%) Legal
2 2 (12.50%) Automotive
2 2 (12.50%) Banking
2 2 (12.50%) Finance
2 2 (12.50%) Manufacturing
2 2 (12.50%) Retail
2 2 (12.50%) Retail Banking
3 1 (6.25%) Financial Institution
Libraries, Frameworks & Software Standards
1 3 (18.75%) Web Services
Miscellaneous
1 3 (18.75%) Analytical Skills
1 3 (18.75%) Management Information System
2 2 (12.50%) Credit Risk
Processes & Methodologies
1 7 (43.75%) Stakeholder Management
2 6 (37.50%) Information Security
2 6 (37.50%) Risk Management
3 5 (31.25%) Business Analysis
4 4 (25.00%) Compliance Management
4 4 (25.00%) Process Improvement
4 4 (25.00%) Risk and Compliance Management
5 3 (18.75%) Agile Software Development
5 3 (18.75%) Behavioural Change
5 3 (18.75%) Coaching
5 3 (18.75%) Cybersecurity
5 3 (18.75%) GAP Analysis
5 3 (18.75%) Performance Analysis
5 3 (18.75%) Project Management
5 3 (18.75%) Risk Assessment
5 3 (18.75%) Waterfall
6 2 (12.50%) Migration
6 2 (12.50%) Process Management
6 2 (12.50%) User Acceptance Testing
6 2 (12.50%) Vulnerability Assessment
Quality Assurance & Compliance
1 4 (25.00%) COSO