Period
to 19 November 2017

The median annual salary for an Insurance Business Analyst was £60,000 in advertised job vacancies in London during the 6 months to 19 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
England > London
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 689 608 691
Rank change year-on-year -81 +83 +5
Permanent jobs requiring an Insurance Business Analyst 155 245 234
As % of all permanent IT jobs advertised in London 0.21% 0.32% 0.26%
As % of the Job Titles category 0.22% 0.34% 0.27%
Number of salaries quoted 144 209 201
London median annual salary £60,000 £57,500 £60,000
Median salary % change year-on-year +4.35% -4.17% +4.35%
10th Percentile £44,125 £43,750 £45,000
90th Percentile £74,625 £75,000 £72,500
England median annual salary £57,500 £55,000 £57,500
% change year-on-year +4.55% -4.35% +6.48%

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in 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
London
Permanent vacancies in London with a recognized job title 70426 72444 85501
% of permanent IT jobs with a recognized job title 94.33% 95.96% 96.00%
Number of salaries quoted 55326 62571 72563
London median annual salary £60,000 £57,500 £55,000
Median salary % change year-on-year +4.35% +4.55% +4.76%
10th Percentile £33,000 £32,500 £32,000
90th Percentile £90,000 £87,500 £85,000
England median annual salary £50,000 £47,500 £46,000
% change year-on-year +5.26% +3.26% +2.22%

Insurance Business Analyst
Job Vacancy Trend in London

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

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 6 months to 19 November 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 6 months to 19 November 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London -16 64 £62,500 -3.85% 2
East London - 5 - -
West London +14 3 £40,000 -15.79%
South London -19 1 - -
Insurance Business Analyst
England

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

For the 6 months to 19 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 London region featuring Insurance Business Analyst in the job title.

1 79 (50.97%) Business Analysis
2 47 (30.32%) SQL
3 43 (27.74%) Finance
4 36 (23.23%) Microsoft
5 32 (20.65%) User Acceptance Testing
6 27 (17.42%) Data Warehouse
7 26 (16.77%) Business Intelligence
8 25 (16.13%) SDLC
9 24 (15.48%) Reinsurance
10 22 (14.19%) Management Information System
11 21 (13.55%) Systems Analysis
12 19 (12.26%) Agile Software Development
12 19 (12.26%) Analytical Skills
13 18 (11.61%) Requirements Management
14 17 (10.97%) .NET Framework
14 17 (10.97%) Visualisation
14 17 (10.97%) Data Visualisation
14 17 (10.97%) .NET
15 15 (9.68%) Conceptual Models
16 13 (8.39%) Microsoft Office
17 12 (7.74%) Workflow
17 12 (7.74%) Use Case
17 12 (7.74%) Test Strategy
18 11 (7.10%) Degree
18 11 (7.10%) WinForms
18 11 (7.10%) ASP.NET
18 11 (7.10%) MS Visio
19 10 (6.45%) Data Modelling
19 10 (6.45%) Advertising
19 10 (6.45%) Guidewire

Insurance Business Analyst Skill Set
Co-occurring 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:

Applications
1 13 (8.39%) Microsoft Office
2 11 (7.10%) MS Visio
3 3 (1.94%) Microsoft Excel
4 1 (0.65%) Microsoft PowerPoint
Communications & Networking
1 1 (0.65%) Internet
Database & Business Intelligence
1 27 (17.42%) Data Warehouse
2 10 (6.45%) Relational Database
3 8 (5.16%) SQL Server
4 7 (4.52%) RDBMS
5 5 (3.23%) QlikView
6 4 (2.58%) BusinessObjects
6 4 (2.58%) SQL Server Reporting Services
7 2 (1.29%) MS Access
7 2 (1.29%) Oracle Database
Development Applications
1 3 (1.94%) Eclipse
General
1 43 (27.74%) Finance
2 10 (6.45%) Advertising
3 6 (3.87%) Retail
4 2 (1.29%) Front Office
Libraries, Frameworks & Software Standards
1 17 (10.97%) .NET
1 17 (10.97%) .NET Framework
2 11 (7.10%) ASP.NET
2 11 (7.10%) WinForms
Miscellaneous
1 24 (15.48%) Reinsurance
2 22 (14.19%) Management Information System
3 19 (12.26%) Analytical Skills
4 2 (1.29%) Fintech
5 1 (0.65%) Enterprise Software
Processes & Methodologies
1 79 (50.97%) Business Analysis
2 32 (20.65%) User Acceptance Testing
3 26 (16.77%) Business Intelligence
4 25 (16.13%) SDLC
5 21 (13.55%) Systems Analysis
6 19 (12.26%) Agile Software Development
7 18 (11.61%) Requirements Management
8 17 (10.97%) Data Visualisation
8 17 (10.97%) Visualisation
9 15 (9.68%) Conceptual Models
10 12 (7.74%) Test Strategy
10 12 (7.74%) Use Case
10 12 (7.74%) Workflow
11 10 (6.45%) Data Modelling
12 9 (5.81%) Presales
12 9 (5.81%) Test Planning
13 8 (5.16%) Data Analysis
13 8 (5.16%) User Stories
14 7 (4.52%) ITIL
14 7 (4.52%) Workflow Analysis
Programming Languages
1 47 (30.32%) SQL
2 9 (5.81%) C
3 2 (1.29%) PL/SQL
4 1 (0.65%) Java
4 1 (0.65%) T-SQL
Qualifications
1 11 (7.10%) Degree
2 2 (1.29%) ISEB
2 2 (1.29%) Master's Degree
2 2 (1.29%) PRINCE2 Practitioner
3 1 (0.65%) PRINCE2 Certification
Quality Assurance & Compliance
1 7 (4.52%) QA
2 6 (3.87%) GAAP
3 3 (1.94%) PMO
3 3 (1.94%) Solvency II
4 1 (0.65%) Data Quality
4 1 (0.65%) GDPR
Vendors
1 36 (23.23%) Microsoft
2 10 (6.45%) Guidewire
3 7 (4.52%) Oracle
4 5 (3.23%) Cognos
5 4 (2.58%) Tableau
6 3 (1.94%) FNZ
7 1 (0.65%) IBM
7 1 (0.65%) Informatica