The median annual salary for a Insurance Business Analyst was £62,500 in advertised job vacancies in the City of London during the 3 months to 28 March 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 Mar 2017
Same period 2016 Same period 2015
Rank 204 232 304
Rank change year-on-year +28 +72  
Permanent jobs requiring an Insurance Business Analyst 28 37 17
As % of all permanent IT jobs advertised in the City of London 0.55% 0.52% 0.16%
As % of the Job Titles category 0.57% 0.54% 0.17%
Number of salaries quoted 26 36 17
Median salary £62,500 £56,750 £62,500
Median salary % change year-on-year +10.13% -9.20%  
90% offered a salary of more than £42,500 £42,500 £48,000
10% offered a salary of more than £66,250 £71,250 £72,500
UK excluding London median salary £50,000 £45,000 £45,000
% change year-on-year +11.11% -  

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 4912 6830 9955
As % of all permanent IT job vacancies advertised in the City of London 95.81% 95.66% 95.38%
Number of salaries quoted 4511 6105 8479
Median salary £57,500 £57,500 £55,000
Median salary % change year-on-year - +4.54%  
90% offered a salary of more than £33,500 £35,000 £33,000
10% offered a salary of more than £85,000 £77,500 £80,000
UK excluding London median salary £42,000 £41,500 £40,000
% change year-on-year +1.20% +3.75%  

Insurance Business Analyst
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London that featured Insurance Business Analyst in the job title.

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 March 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 March 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 (47.83%) Business Analysis
2 29 (42.03%) Agile Software Development
3 27 (39.13%) SQL
4 24 (34.78%) User Acceptance Testing
5 22 (31.88%) Finance
6 20 (28.99%) Reinsurance
7 18 (26.09%) System Testing
8 15 (21.74%) SDLC
9 14 (20.29%) Atlassian
9 14 (20.29%) JIRA
10 13 (18.84%) E-Commerce
10 13 (18.84%) User Stories
10 13 (18.84%) DevOps
11 11 (15.94%) Use Case
12 9 (13.04%) Process Improvement
12 9 (13.04%) Analytical Skills
13 7 (10.14%) Waterfall
13 7 (10.14%) Business Development
13 7 (10.14%) Retail
13 7 (10.14%) B2B
13 7 (10.14%) Microsoft
14 6 (8.70%) B2C
14 6 (8.70%) MS Excel
14 6 (8.70%) Stakeholder Management
14 6 (8.70%) Management Information System
14 6 (8.70%) Business Transformation
15 5 (7.25%) Business Process Improvement
15 5 (7.25%) IFRS
15 5 (7.25%) MS PowerPoint
15 5 (7.25%) Dynamics GP

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:

Application Platforms
1 1 (1.45%) MS Exchange
Applications
1 6 (8.70%) MS Excel
2 5 (7.25%) MS PowerPoint
Business Applications
1 5 (7.25%) Dynamics GP
Database & Business Intelligence
1 3 (4.35%) SQL Server
2 2 (2.90%) Data Warehouse
3 1 (1.45%) Relational Database
Development Applications
1 14 (20.29%) JIRA
General
1 22 (31.88%) Finance
2 7 (10.14%) Retail
3 5 (7.25%) Marketing
4 1 (1.45%) Games
Libraries, Frameworks & Software Standards
1 1 (1.45%) XML
Miscellaneous
1 20 (28.99%) Reinsurance
2 9 (13.04%) Analytical Skills
3 6 (8.70%) Management Information System
Processes & Methodologies
1 33 (47.83%) Business Analysis
2 29 (42.03%) Agile Software Development
3 24 (34.78%) User Acceptance Testing
4 18 (26.09%) System Testing
5 15 (21.74%) SDLC
6 13 (18.84%) DevOps
6 13 (18.84%) E-Commerce
6 13 (18.84%) User Stories
7 11 (15.94%) Use Case
8 9 (13.04%) Process Improvement
9 7 (10.14%) B2B
9 7 (10.14%) Business Development
9 7 (10.14%) Waterfall
10 6 (8.70%) B2C
10 6 (8.70%) Business Transformation
10 6 (8.70%) Stakeholder Management
11 5 (7.25%) Business Process Improvement
11 5 (7.25%) Requirements Analysis
12 4 (5.80%) BPMN
12 4 (5.80%) Continuous Improvement
Programming Languages
1 27 (39.13%) SQL
2 3 (4.35%) T-SQL
Qualifications
1 4 (5.80%) Degree
2 3 (4.35%) ISEB
Quality Assurance & Compliance
1 5 (7.25%) IFRS
System Software
1 1 (1.45%) Active Directory
Vendors
1 14 (20.29%) Atlassian
2 7 (10.14%) Microsoft
City, London
HFG
Salary: £55000 - £65000 per annum, Benefits Exceptional Benefits & Bonus
Posted: 5 days ago