The median annual salary for a Insurance Business Analyst was £62,500 in advertised job vacancies in London during the 3 months to 25 March 2017.

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

3 months to
25 Mar 2017
Same period 2016 Same period 2015
Business Analyst - Insurance
England / London
Rank 508 510 589
Rank change year-on-year +2 +79  
Permanent jobs requiring an Insurance Business Analyst 76 148 66
As % of all permanent IT jobs advertised in London 0.23% 0.35% 0.16%
As % of the Job Titles category 0.24% 0.37% 0.16%
Number of salaries quoted 50 130 60
Median salary £62,500 £60,000 £57,500
Median salary % change year-on-year +4.16% +4.34%  
90% offered a salary of more than £42,500 £40,000 £48,850
10% offered a salary of more than £65,250 £72,500 £70,000
UK excluding London median salary £50,000 £45,000 £47,500
% change year-on-year +11.11% -5.26%  

The next table is for comparison with the above and includes summary statistics for all job roles in permanent job vacancies advertised in 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
London
Permanent job vacancies with a job title containing a recognized job role 32183 40271 40502
As % of all permanent IT job vacancies advertised in London 95.74% 96.11% 95.98%
Number of salaries quoted 27204 34741 34018
Median salary £57,500 £55,000 £53,500
Median salary % change year-on-year +4.54% +2.80%  
90% offered a salary of more than £32,500 £32,500 £31,500
10% offered a salary of more than £82,500 £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 London

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

Job vacancy trend for Insurance Business Analyst in London

Insurance Business Analyst
Salary Trend in London

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

Salary trend for Insurance Business Analyst in London

Insurance Business Analyst
Salary Histogram in London

The salary distribution of IT jobs citing Insurance Business Analyst in London over the 3 months to 25 March 2017.

Salary histogram for Insurance Business Analyst in London

Insurance Business Analyst
Job Locations in London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Insurance Business Analyst within the London region over the 3 months to 25 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
Permanent
IT Job Ads
Median Salary
Last 3 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +37 25 £62,500 +10.13% 3
Croydon +9 1 £42,500 -
Bromley - 1 - -
Insurance Business Analyst
England

Insurance Business Analyst Skill Set
Top 30 Related IT Skills in London

For the 6 months to 25 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 London region featuring Insurance Business Analyst in the job title.

1 84 (46.15%) Finance
2 66 (36.26%) Business Analysis
3 53 (29.12%) Agile Software Development
4 44 (24.18%) SQL
5 31 (17.03%) Change Control
6 27 (14.84%) User Acceptance Testing
7 25 (13.74%) SDLC
8 21 (11.54%) Reinsurance
9 20 (10.99%) Degree
10 19 (10.44%) User Stories
11 18 (9.89%) JIRA
11 18 (9.89%) System Testing
11 18 (9.89%) Banking
12 17 (9.34%) Use Case
13 16 (8.79%) Stakeholder Management
14 15 (8.24%) Business Transformation
15 14 (7.69%) Analytical Skills
15 14 (7.69%) Atlassian
16 13 (7.14%) E-Commerce
17 12 (6.59%) DevOps
18 11 (6.04%) PhD
18 11 (6.04%) Telecoms
19 10 (5.49%) Data Management
19 10 (5.49%) Waterfall
20 9 (4.95%) BPMN
20 9 (4.95%) ATM
21 8 (4.40%) MS Excel
21 8 (4.40%) UML
21 8 (4.40%) Project Management
22 7 (3.85%) Process Improvement

Insurance Business Analyst Skill Set
Top Related IT Skills in 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 3 (1.65%) WebSphere
2 1 (0.55%) MS Exchange
2 1 (0.55%) SharePoint
Applications
1 8 (4.40%) MS Excel
2 6 (3.30%) MS PowerPoint
3 2 (1.10%) MS Office
4 1 (0.55%) MS Visio
Business Applications
1 4 (2.20%) Dynamics GP
2 2 (1.10%) SAP FS
Communications & Networking
1 9 (4.95%) ATM
2 1 (0.55%) Internet
Database & Business Intelligence
1 6 (3.30%) Big Data
2 5 (2.75%) Data Warehouse
3 4 (2.20%) SQL Server
4 1 (0.55%) MS Access
4 1 (0.55%) Relational Database
Development Applications
1 18 (9.89%) JIRA
2 1 (0.55%) SQL Server Management Studio (SSMS)
General
1 84 (46.15%) Finance
2 18 (9.89%) Banking
3 11 (6.04%) Telecoms
4 7 (3.85%) Marketing
5 6 (3.30%) Retail
6 4 (2.20%) Back Office
7 2 (1.10%) Advertising
7 2 (1.10%) Billing
8 1 (0.55%) Financial Institution
8 1 (0.55%) Games
Libraries, Frameworks & Software Standards
1 1 (0.55%) XML
Miscellaneous
1 21 (11.54%) Reinsurance
2 14 (7.69%) Analytical Skills
3 7 (3.85%) Management Information System
4 1 (0.55%) Reference Data
4 1 (0.55%) Social Media
4 1 (0.55%) Virtual Team
Processes & Methodologies
1 66 (36.26%) Business Analysis
2 53 (29.12%) Agile Software Development
3 31 (17.03%) Change Control
4 27 (14.84%) User Acceptance Testing
5 25 (13.74%) SDLC
6 19 (10.44%) User Stories
7 18 (9.89%) System Testing
8 17 (9.34%) Use Case
9 16 (8.79%) Stakeholder Management
10 15 (8.24%) Business Transformation
11 13 (7.14%) E-Commerce
12 12 (6.59%) DevOps
13 10 (5.49%) Data Management
13 10 (5.49%) Waterfall
14 9 (4.95%) BPMN
15 8 (4.40%) Project Management
15 8 (4.40%) UML
16 7 (3.85%) B2B
16 7 (3.85%) Business Development
16 7 (3.85%) Workflow
Programming Languages
1 44 (24.18%) SQL
2 3 (1.65%) T-SQL
3 1 (0.55%) C#
3 1 (0.55%) JavaScript
3 1 (0.55%) Python
3 1 (0.55%) R
Qualifications
1 20 (10.99%) Degree
2 11 (6.04%) PhD
3 5 (2.75%) ISEB
4 1 (0.55%) PMP
Quality Assurance & Compliance
1 5 (2.75%) PMO
2 4 (2.20%) IFRS
3 2 (1.10%) Data Quality
4 1 (0.55%) QA
4 1 (0.55%) SLA
System Software
1 1 (0.55%) Active Directory
Vendors
1 14 (7.69%) Atlassian
2 7 (3.85%) Microsoft
3 3 (1.65%) IBM
4 2 (1.10%) Guidewire
4 2 (1.10%) SAP
5 1 (0.55%) Cognizant
5 1 (0.55%) Tableau
City, London
HFG
Salary: £55000 - £65000 per annum, Benefits Exceptional Benefits & Bonus
Posted: 2 days ago
City, London
I3
Salary: £40000 - £50000 per month + bonus + benefits
Posted: 5 days ago
City, London
I3
Salary: £65000 - £75000 per annum + benefits + bonus
Posted: 5 days ago