Period
to 23 November 2017

The median annual salary for an Insurance Business Analyst was £62,500 in advertised job vacancies in the City of London during the 6 months to 23 November 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
Central London > City of London
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 256 262 352
Rank change year-on-year +6 +90 +51
Permanent jobs requiring an Insurance Business Analyst 65 86 56
As % of all permanent IT jobs advertised in the City of London 0.64% 0.74% 0.33%
As % of the Job Titles category 0.67% 0.77% 0.34%
Number of salaries quoted 62 85 48
City of London median annual salary £62,500 £65,000 £57,500
Median salary % change year-on-year -3.85% +13.04% +4.55%
10th Percentile £42,500 £48,750 £43,000
90th Percentile £73,400 £75,000 £67,875
Central London median annual salary £62,500 £65,000 £57,500
% change year-on-year -3.85% +13.04% +4.55%

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in the City of London. 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 permanent jobs in our overall sample.

All Permanent IT Job Vacancies
City of London
Permanent vacancies in the City of London with a recognized job title 9690 11231 16273
% of permanent IT jobs with a recognized job title 94.78% 96.42% 95.77%
Number of salaries quoted 8777 10236 14140
City of London median annual salary £60,000 £57,500 £55,000
Median salary % change year-on-year +4.35% +4.55% -
10th Percentile £35,000 £33,750 £32,500
90th Percentile £92,500 £87,750 £87,500
Central London median annual salary £58,000 £57,500 £55,000
% change year-on-year +0.87% +4.55% +0.92%

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 6 months to 23 November 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 23 November 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 39 (60.00%) Business Analysis
2 26 (40.00%) Microsoft
3 22 (33.85%) Management Information System
4 21 (32.31%) Data Warehouse
4 21 (32.31%) Business Intelligence
5 20 (30.77%) User Acceptance Testing
6 16 (24.62%) Visualisation
6 16 (24.62%) Data Visualisation
6 16 (24.62%) SQL
6 16 (24.62%) Reinsurance
7 13 (20.00%) Finance
8 12 (18.46%) Systems Analysis
9 10 (15.38%) Analytical Skills
10 9 (13.85%) MS Visio
10 9 (13.85%) Degree
11 7 (10.77%) SDLC
12 6 (9.23%) Test Strategy
12 6 (9.23%) Conceptual Models
12 6 (9.23%) Requirements Management
12 6 (9.23%) QA
12 6 (9.23%) Agile Software Development
12 6 (9.23%) Data Modelling
12 6 (9.23%) Advertising
13 5 (7.69%) Cognos
13 5 (7.69%) Change Management
13 5 (7.69%) Service Management
13 5 (7.69%) BusinessObjects
13 5 (7.69%) ITIL
13 5 (7.69%) Oracle
13 5 (7.69%) Workflow

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 9 (13.85%) MS Visio
2 2 (3.08%) Microsoft Office
3 1 (1.54%) Microsoft Excel
3 1 (1.54%) Microsoft PowerPoint
Database & Business Intelligence
1 21 (32.31%) Data Warehouse
2 5 (7.69%) BusinessObjects
2 5 (7.69%) QlikView
2 5 (7.69%) SQL Server Reporting Services
3 4 (6.15%) SQL Server
4 3 (4.62%) Oracle Database
5 2 (3.08%) MS Access
General
1 13 (20.00%) Finance
2 6 (9.23%) Advertising
3 3 (4.62%) Retail
4 2 (3.08%) Front Office
Libraries, Frameworks & Software Standards
1 2 (3.08%) .NET
1 2 (3.08%) .NET Framework
1 2 (3.08%) ASP.NET
1 2 (3.08%) WinForms
Miscellaneous
1 22 (33.85%) Management Information System
2 16 (24.62%) Reinsurance
3 10 (15.38%) Analytical Skills
4 1 (1.54%) Enterprise Software
Processes & Methodologies
1 39 (60.00%) Business Analysis
2 21 (32.31%) Business Intelligence
3 20 (30.77%) User Acceptance Testing
4 16 (24.62%) Data Visualisation
4 16 (24.62%) Visualisation
5 12 (18.46%) Systems Analysis
6 7 (10.77%) SDLC
7 6 (9.23%) Agile Software Development
7 6 (9.23%) Conceptual Models
7 6 (9.23%) Data Modelling
7 6 (9.23%) Requirements Management
7 6 (9.23%) Test Strategy
8 5 (7.69%) Change Management
8 5 (7.69%) Data Analysis
8 5 (7.69%) ITIL
8 5 (7.69%) Presales
8 5 (7.69%) Service Management
8 5 (7.69%) Test Planning
8 5 (7.69%) Workflow
9 4 (6.15%) Workflow Analysis
Programming Languages
1 16 (24.62%) SQL
2 4 (6.15%) C
3 3 (4.62%) PL/SQL
4 1 (1.54%) Java
Qualifications
1 9 (13.85%) Degree
2 2 (3.08%) ISEB
2 2 (3.08%) PRINCE2 Practitioner
3 1 (1.54%) PRINCE2 Certification
Quality Assurance & Compliance
1 6 (9.23%) QA
2 2 (3.08%) PMO
3 1 (1.54%) Data Quality
3 1 (1.54%) GDPR
Vendors
1 26 (40.00%) Microsoft
2 5 (7.69%) Cognos
2 5 (7.69%) Oracle
2 5 (7.69%) Tableau
3 3 (4.62%) Guidewire
4 1 (1.54%) IBM
4 1 (1.54%) Informatica
4 1 (1.54%) Pega