The median annual salary for a Insurance Business Analyst was £50,000 in advertised job vacancies during the 3 months to 30 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
UK
3 months to
30 Mar 2017
Same period 2016 Same period 2015
Rank 717 776 828
Rank change year-on-year +59 +52  
Permanent jobs requiring an Insurance Business Analyst 135 174 141
As % of all permanent IT jobs advertised in the UK 0.16% 0.17% 0.13%
As % of the Job Titles category 0.16% 0.17% 0.14%
Number of salaries quoted 108 147 128
Median salary £50,000 £57,500 £50,000
Median salary % change year-on-year -13.04% +15.00%  
90% offered a salary of more than £42,500 £40,000 £41,750
10% offered a salary of more than £65,000 £72,500 £65,000
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. 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
UK
Permanent job vacancies with a job title containing a recognized job role 82331 100795 104032
As % of all permanent IT job vacancies advertised in the UK 96.29% 96.38% 96.64%
Number of salaries quoted 68376 84445 84981
Median salary £45,000 £45,000 £45,000
90% offered a salary of more than £27,500 £27,500 £26,500
10% offered a salary of more than £72,500 £70,000 £70,000
UK excluding London median salary £41,995 £41,500 £40,000
% change year-on-year +1.19% +3.75%  

Insurance Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Insurance Business Analyst in the UK

Insurance Business Analyst
Salary Trend

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

Salary trend for Insurance Business Analyst in the UK

Insurance Business Analyst
Salary Histogram

The salary distribution of IT jobs citing Insurance Business Analyst over the 3 months to 30 March 2017.

Salary histogram for Insurance Business Analyst in the UK

Insurance Business Analyst
Top 28 Job Locations

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 UK over the 3 months to 30 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
England +37 135 £50,000 -13.04% 7
London -2 81 £62,500 +4.16% 2
West Midlands - 31 £52,500 -
City of London +28 30 £62,500 +8.69% 1
Birmingham - 19 £52,500 -
Solihull - 12 £50,000 -
South East +56 6 £47,000 -6.00% 3
Yorkshire +31 6 £45,000 +9.09%
Hampshire +19 6 £47,000 -6.00%
West Yorkshire +16 6 £45,000 +20.00%
Aldershot +11 6 £47,000 -6.93%
Halifax +5 6 £45,000 -5.26%
East of England +28 4 £37,000 -12.94% 2
Essex +12 3 £29,500 -30.58%
North West -13 3 £50,000 +11.11%
Manchester -21 3 £50,000 +11.11%
South West +34 2 £45,000 -
Colchester -6 2 £29,500 -30.58%
Gloucestershire - 2 £45,000 -
Croydon +8 1 £42,500 -
Nottingham - 1 £45,000 -
Ipswich - 1 £44,500 - 2
Cirencester - 1 - -
Gloucester - 1 £45,000 -
Bolton - 1 £28,500 -
Nottinghamshire - 1 £45,000 -
East Midlands - 1 £45,000 -
Suffolk - 1 £44,500 - 2

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

For the 6 months to 30 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 featuring Insurance Business Analyst in the job title.

1 112 (35.56%) Finance
2 94 (29.84%) Business Analysis
3 92 (29.21%) Agile Software Development
4 47 (14.92%) SQL
5 45 (14.29%) Degree
5 45 (14.29%) Waterfall
6 39 (12.38%) SDLC
7 35 (11.11%) Reinsurance
7 35 (11.11%) Stakeholder Management
8 33 (10.48%) User Stories
9 32 (10.16%) Change Control
9 32 (10.16%) User Acceptance Testing
10 24 (7.62%) JIRA
11 23 (7.30%) Management Information System
12 21 (6.67%) Validation
12 21 (6.67%) UML
13 20 (6.35%) System Testing
13 20 (6.35%) Presales
13 20 (6.35%) Data Flow Diagram
14 19 (6.03%) Use Case
14 19 (6.03%) Banking
15 18 (5.71%) Workflow
15 18 (5.71%) Analytical Skills
15 18 (5.71%) Stakeholder Engagement
16 16 (5.08%) Time Management
16 16 (5.08%) Customer Requirements
17 15 (4.76%) Scrum
18 14 (4.44%) Marketing
18 14 (4.44%) E-Commerce
18 14 (4.44%) Business Transformation

Insurance Business Analyst Skill Set
Co-occurring IT Skills 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 7 (2.22%) Confluence
2 3 (0.95%) WebSphere
3 1 (0.32%) MS Exchange
3 1 (0.32%) SharePoint
Applications
1 11 (3.49%) MS Excel
2 9 (2.86%) MS PowerPoint
3 3 (0.95%) MS Office
3 3 (0.95%) MS Visio
Business Applications
1 5 (1.59%) Dynamics GP
2 2 (0.63%) SAP FS
Communications & Networking
1 9 (2.86%) ATM
2 1 (0.32%) Internet
Database & Business Intelligence
1 5 (1.59%) Big Data
1 5 (1.59%) Data Warehouse
2 4 (1.27%) SQL Server
3 2 (0.63%) MS Access
4 1 (0.32%) Relational Database
Development Applications
1 24 (7.62%) JIRA
2 1 (0.32%) SQL Server Management Studio (SSMS)
General
1 112 (35.56%) Finance
2 19 (6.03%) Banking
3 14 (4.44%) Marketing
4 11 (3.49%) Telecoms
5 8 (2.54%) Retail
6 3 (0.95%) Back Office
7 2 (0.63%) Advertising
7 2 (0.63%) Billing
8 1 (0.32%) Financial Institution
8 1 (0.32%) Games
8 1 (0.32%) Legal
Libraries, Frameworks & Software Standards
1 1 (0.32%) XML
Miscellaneous
1 35 (11.11%) Reinsurance
2 23 (7.30%) Management Information System
3 18 (5.71%) Analytical Skills
4 1 (0.32%) Enterprise Software
4 1 (0.32%) Reference Data
4 1 (0.32%) Social Media
4 1 (0.32%) Virtual Team
Processes & Methodologies
1 94 (29.84%) Business Analysis
2 92 (29.21%) Agile Software Development
3 45 (14.29%) Waterfall
4 39 (12.38%) SDLC
5 35 (11.11%) Stakeholder Management
6 33 (10.48%) User Stories
7 32 (10.16%) Change Control
7 32 (10.16%) User Acceptance Testing
8 21 (6.67%) UML
8 21 (6.67%) Validation
9 20 (6.35%) Data Flow Diagram
9 20 (6.35%) Presales
9 20 (6.35%) System Testing
10 19 (6.03%) Use Case
11 18 (5.71%) Stakeholder Engagement
11 18 (5.71%) Workflow
12 16 (5.08%) Customer Requirements
12 16 (5.08%) Time Management
13 15 (4.76%) Scrum
14 14 (4.44%) E-Commerce
Programming Languages
1 47 (14.92%) SQL
2 3 (0.95%) T-SQL
3 1 (0.32%) C
3 1 (0.32%) C#
3 1 (0.32%) JavaScript
3 1 (0.32%) Python
3 1 (0.32%) R
Qualifications
1 45 (14.29%) Degree
2 11 (3.49%) PhD
3 4 (1.27%) ISEB
4 1 (0.32%) PMP
Quality Assurance & Compliance
1 5 (1.59%) IFRS
2 3 (0.95%) Data Quality
2 3 (0.95%) PMO
3 2 (0.63%) QA
4 1 (0.32%) SLA
System Software
1 1 (0.32%) Active Directory
Vendors
1 13 (4.13%) Atlassian
2 9 (2.86%) Microsoft
3 5 (1.59%) Guidewire
4 3 (0.95%) IBM
5 2 (0.63%) SAP
6 1 (0.32%) Cognizant
6 1 (0.32%) Tableau
City, London
I3
Salary: £70000 - £80000 per annum + benefits + bonus
Posted: 1 hour ago
London
onezeero.
Salary: £70000 - £85000 per annum
Posted: 1 hour ago