The median annual salary for an Insurance Business Analyst was £62,500 in advertised job vacancies in the City of London during the 3 months to 28 June 2017.

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

Business Analyst - Insurance
London / City of London
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 189 215 273
Rank change year-on-year +26 +58  
Permanent jobs requiring an Insurance Business Analyst 38 40 42
As % of all permanent IT jobs advertised in the City of London 0.74% 0.63% 0.41%
As % of the Job Titles category 0.78% 0.65% 0.43%
Number of salaries quoted 38 39 34
Median salary £62,500 £55,000 £57,500
Median salary % change year-on-year +13.63% -4.34%  
90% offered a salary of more than £48,625 £46,250 £45,375
10% offered a salary of more than £77,500 £73,750 £66,175
UK excluding London median salary £55,000 £42,500 £46,500
% change year-on-year +29.41% -8.60%  

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

IT Job Roles
City of London
Permanent job vacancies with a job title containing a recognized job role 4898 6124 9661
As % of all permanent IT job vacancies advertised in the City of London 95.31% 96.12% 94.96%
Number of salaries quoted 17470 22914 34195
Median salary £57,500 £57,500 £55,000
Median salary % change year-on-year - +4.54%  
90% offered a salary of more than £32,000 £32,500 £31,250
10% offered a salary of more than £90,000 £81,250 £85,000
UK excluding London median salary £42,500 £41,000 £40,000
% change year-on-year +3.65% +2.50%  

Insurance Business Analyst
Job Vacancy Trend in the City of London

Job postings that featured Insurance Business Analyst in the job title as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Insurance Business Analyst in the City of London

Insurance Business Analyst
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Insurance Business Analyst in the City of London.

Salary trend for Insurance Business Analyst in the City of London

Insurance Business Analyst
Salary Histogram in the City of London

The salary distribution of IT jobs citing Insurance Business Analyst in the City of London over the 3 months to 28 June 2017.

Salary histogram for Insurance Business Analyst in the City of London

Insurance Business Analyst Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 28 June 2017, Insurance Business Analyst job roles required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads across the City of London region featuring Insurance Business Analyst in the job title.

1 33 (50.00%) Business Analysis
2 27 (40.91%) Management Information System
2 27 (40.91%) Microsoft
3 24 (36.36%) Business Intelligence
3 24 (36.36%) Data Warehouse
4 21 (31.82%) Visualisation
4 21 (31.82%) Data Visualisation
5 20 (30.30%) Finance
6 17 (25.76%) SQL
7 13 (19.70%) Agile Software Development
8 12 (18.18%) Process Improvement
8 12 (18.18%) Reinsurance
9 10 (15.15%) User Stories
9 10 (15.15%) User Acceptance Testing
10 9 (13.64%) Systems Analysis
10 9 (13.64%) E-Commerce
10 9 (13.64%) DevOps
11 8 (12.12%) Use Case
12 7 (10.61%) Data Analysis
12 7 (10.61%) Degree
13 6 (9.09%) Microsoft PowerPoint
13 6 (9.09%) Requirements Analysis
13 6 (9.09%) Stakeholder Management
13 6 (9.09%) Microsoft Excel
13 6 (9.09%) Business Process Improvement
14 5 (7.58%) IFRS
14 5 (7.58%) Analytical Skills
14 5 (7.58%) Waterfall
14 5 (7.58%) B2B
14 5 (7.58%) B2C

Insurance Business Analyst Skill Set
Co-occurring IT Skills in the City of London 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:

Applications
1 6 (9.09%) Microsoft Excel
1 6 (9.09%) Microsoft PowerPoint
2 1 (1.52%) Microsoft Office
2 1 (1.52%) MS Visio
Business Applications
1 5 (7.58%) Dynamics GP
Database & Business Intelligence
1 24 (36.36%) Data Warehouse
2 5 (7.58%) SQL Server
3 3 (4.55%) BusinessObjects
3 3 (4.55%) QlikView
3 3 (4.55%) SQL Server Reporting Services
4 1 (1.52%) Oracle Database
General
1 20 (30.30%) Finance
2 4 (6.06%) Retail
3 2 (3.03%) Front Office
4 1 (1.52%) Advertising
4 1 (1.52%) Marketing
Libraries, Frameworks & Software Standards
1 1 (1.52%) .NET
1 1 (1.52%) .NET Framework
1 1 (1.52%) ASP.NET
1 1 (1.52%) WinForms
Miscellaneous
1 27 (40.91%) Management Information System
2 12 (18.18%) Reinsurance
3 5 (7.58%) Analytical Skills
4 1 (1.52%) Greenfield Project
Processes & Methodologies
1 33 (50.00%) Business Analysis
2 24 (36.36%) Business Intelligence
3 21 (31.82%) Data Visualisation
3 21 (31.82%) Visualisation
4 13 (19.70%) Agile Software Development
5 12 (18.18%) Process Improvement
6 10 (15.15%) User Acceptance Testing
6 10 (15.15%) User Stories
7 9 (13.64%) DevOps
7 9 (13.64%) E-Commerce
7 9 (13.64%) Systems Analysis
8 8 (12.12%) Use Case
9 7 (10.61%) Data Analysis
10 6 (9.09%) Business Process Improvement
10 6 (9.09%) Requirements Analysis
10 6 (9.09%) Stakeholder Management
11 5 (7.58%) B2B
11 5 (7.58%) B2C
11 5 (7.58%) Waterfall
12 4 (6.06%) Project Management
Programming Languages
1 17 (25.76%) SQL
2 3 (4.55%) T-SQL
3 1 (1.52%) PL/SQL
Qualifications
1 7 (10.61%) Degree
2 1 (1.52%) PRINCE2 Certification
Quality Assurance & Compliance
1 5 (7.58%) IFRS
2 2 (3.03%) QA
Vendors
1 27 (40.91%) Microsoft
2 3 (4.55%) Cognos
2 3 (4.55%) Oracle
2 3 (4.55%) Tableau
City, London
I3
Salary: £50000 - £55000 per annum
Posted: Yesterday
City, London
I3
Salary: £65000 - £72000 per annum + Pension + Bonus + Bens
Posted: 6 days ago