The median annual salary for an Insurance Business Analyst was £62,500 in advertised job vacancies during the 3 months to 22 June 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
22 Jun 2017
Same period 2016 Same period 2015
Rank 792 776 818
Rank change year-on-year -16 +42  
Permanent jobs requiring an Insurance Business Analyst 82 171 170
As % of all permanent IT jobs advertised in the UK 0.092% 0.17% 0.15%
As % of the Job Titles category 0.096% 0.18% 0.16%
Number of salaries quoted 78 149 143
Median salary £62,500 £55,000 £55,000
Median salary % change year-on-year +13.63% -  
90% offered a salary of more than £45,000 £40,000 £37,500
10% offered a salary of more than £75,000 £70,000 £65,000
UK excluding London median salary £52,500 £42,500 £46,500
% change year-on-year +23.52% -8.60%  

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 85218 95218 107157
As % of all permanent IT job vacancies advertised in the UK 95.94% 96.54% 96.61%
Number of salaries quoted 69700 80264 88299
Median salary £46,000 £47,000 £45,000
Median salary % change year-on-year -2.12% +4.44%  
90% offered a salary of more than £27,500 £27,500 £26,500
10% offered a salary of more than £73,000 £70,000 £71,500
UK excluding London median salary £42,500 £41,000 £40,000
% change year-on-year +3.65% +2.50%  

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 22 June 2017.

Salary histogram for Insurance Business Analyst in the UK

Insurance Business Analyst
Top 25 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 22 June 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 -35 82 £62,500 +13.63% 11
London -18 68 £62,500 +8.69% 8
City of London +22 40 £62,500 +13.63% 5
South East +43 5 £62,500 -3.84% 1
Brentford - 4 £42,500 -
West Midlands +18 3 £44,000 -4.86%
East of England -26 3 £47,500 +18.75%
Crawley - 3 £62,500 -
West Sussex - 3 £62,500 -
Hampshire +32 2 - -
Hertfordshire -11 2 £47,500 +18.75%
Aldershot - 2 - -
West Yorkshire +16 1 £45,000 -
Birmingham +13 1 £60,000 +33.33%
South West +6 1 £50,000 -9.09% 2
Yorkshire +4 1 £45,000 -
Solihull -5 1 £42,500 -10.52%
Essex -11 1 £55,000 +29.41%
Manchester -38 1 £62,500 +38.88%
North West -49 1 £62,500 +38.88%
Gloucestershire - 1 £50,000 - 1
Halifax - 1 £45,000 -
Chiswick - 1 £62,500 -
Harlow - 1 £55,000 -
Gloucester - 1 £50,000 - 1

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

For the 6 months to 22 June 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 71 (32.87%) Finance
2 65 (30.09%) Business Analysis
3 49 (22.69%) Agile Software Development
4 47 (21.76%) SQL
5 36 (16.67%) Business Intelligence
6 35 (16.20%) Waterfall
6 35 (16.20%) Reinsurance
7 32 (14.81%) Data Warehouse
7 32 (14.81%) Management Information System
8 30 (13.89%) Microsoft
9 24 (11.11%) SDLC
10 22 (10.19%) User Acceptance Testing
11 21 (9.72%) Data Flow Diagram
12 20 (9.26%) Microsoft Excel
13 19 (8.80%) Visualisation
13 19 (8.80%) Degree
13 19 (8.80%) Data Visualisation
14 18 (8.33%) Systems Analysis
15 16 (7.41%) Stakeholder Management
15 16 (7.41%) User Stories
16 15 (6.94%) Stakeholder Engagement
16 15 (6.94%) Validation
17 14 (6.48%) Process Improvement
18 13 (6.02%) Change Control
18 13 (6.02%) Scenario Testing
19 12 (5.56%) Business Transformation
19 12 (5.56%) Project Management
20 11 (5.09%) SQL Server
20 11 (5.09%) Use Case
21 10 (4.63%) Data Analysis

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 2 (0.93%) Confluence
2 1 (0.46%) SharePoint
Applications
1 20 (9.26%) Microsoft Excel
2 10 (4.63%) Microsoft Office
3 9 (4.17%) MS Visio
4 8 (3.70%) Microsoft PowerPoint
Business Applications
1 5 (2.31%) Dynamics GP
Communications & Networking
1 3 (1.39%) ATM
2 2 (0.93%) Intranet
Database & Business Intelligence
1 32 (14.81%) Data Warehouse
2 11 (5.09%) SQL Server
3 7 (3.24%) QlikView
3 7 (3.24%) SQL Server Reporting Services
4 6 (2.78%) BusinessObjects
4 6 (2.78%) Relational Database
5 5 (2.31%) RDBMS
6 4 (1.85%) MS Access
6 4 (1.85%) Oracle Database
7 1 (0.46%) Power BI
Development Applications
1 3 (1.39%) JIRA
2 1 (0.46%) Eclipse
General
1 71 (32.87%) Finance
2 6 (2.78%) Marketing
3 4 (1.85%) Banking
3 4 (1.85%) Retail
3 4 (1.85%) Telecoms
4 2 (0.93%) Advertising
4 2 (0.93%) Front Office
5 1 (0.46%) Billing
5 1 (0.46%) French Language
5 1 (0.46%) German Language
5 1 (0.46%) Spanish Language
Libraries, Frameworks & Software Standards
1 5 (2.31%) .NET
2 4 (1.85%) .NET Framework
2 4 (1.85%) ASP.NET
2 4 (1.85%) WinForms
Miscellaneous
1 35 (16.20%) Reinsurance
2 32 (14.81%) Management Information System
3 8 (3.70%) Analytical Skills
4 4 (1.85%) Greenfield Project
5 1 (0.46%) Enterprise Software
5 1 (0.46%) Reference Data
Processes & Methodologies
1 65 (30.09%) Business Analysis
2 49 (22.69%) Agile Software Development
3 36 (16.67%) Business Intelligence
4 35 (16.20%) Waterfall
5 24 (11.11%) SDLC
6 22 (10.19%) User Acceptance Testing
7 21 (9.72%) Data Flow Diagram
8 19 (8.80%) Data Visualisation
8 19 (8.80%) Visualisation
9 18 (8.33%) Systems Analysis
10 16 (7.41%) Stakeholder Management
10 16 (7.41%) User Stories
11 15 (6.94%) Stakeholder Engagement
11 15 (6.94%) Validation
12 14 (6.48%) Process Improvement
13 13 (6.02%) Change Control
13 13 (6.02%) Scenario Testing
14 12 (5.56%) Business Transformation
14 12 (5.56%) Project Management
15 11 (5.09%) Use Case
Programming Languages
1 47 (21.76%) SQL
2 6 (2.78%) T-SQL
3 4 (1.85%) PL/SQL
4 1 (0.46%) C
Qualifications
1 19 (8.80%) Degree
2 3 (1.39%) Master's Degree
2 3 (1.39%) PhD
3 2 (0.93%) CBAP
3 2 (0.93%) ISEB
4 1 (0.46%) PMP
4 1 (0.46%) PRINCE2 Certification
Quality Assurance & Compliance
1 5 (2.31%) Data Quality
1 5 (2.31%) IFRS
2 4 (1.85%) QA
3 1 (0.46%) GAAP
3 1 (0.46%) SLA
Vendors
1 30 (13.89%) Microsoft
2 7 (3.24%) Cognos
2 7 (3.24%) Oracle
3 6 (2.78%) Tableau
4 4 (1.85%) Guidewire
5 2 (0.93%) FNZ
6 1 (0.46%) Atlassian
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