Insurance Business Analyst Jobs

Business Analyst - Insurance (Insurance BA)
UK

The median Business Analyst - Insurance (Insurance BA) salary in the UK is £75,000 per year, according to job vacancies posted during the 6 months leading to 17 May 2025.

The table below provides salary benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
17 May 2025
Same period 2024 Same period 2023
Rank 698 820 851
Rank change year-on-year +122 +31 +168
Permanent jobs requiring an Insurance Business Analyst 32 79 119
As % of all permanent jobs advertised in the UK 0.057% 0.079% 0.12%
As % of the Job Titles category 0.063% 0.084% 0.13%
Number of salaries quoted 27 74 102
10th Percentile £68,750 £62,500 £52,500
25th Percentile £71,875 £70,625 £65,313
Median annual salary (50th Percentile) £75,000 £80,000 £80,000
Median % change year-on-year -6.25% - +14.29%
75th Percentile £77,500 £87,500 £85,000
90th Percentile £86,000 £90,000 -
UK excluding London median annual salary - £52,500 £55,000
% change year-on-year - -4.55% +37.50%

All Permanent IT Job Vacancies
UK

For comparison with the information above, the following table provides summary statistics for all permanent IT job vacancies. 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.

Permanent vacancies in the UK with a recognized job title 50,706 94,386 91,123
% of permanent jobs with a recognized job title 90.83% 94.69% 91.49%
Number of salaries quoted 27,254 67,482 57,423
10th Percentile £29,750 £28,500 £32,500
25th Percentile £41,250 £38,500 £45,000
Median annual salary (50th Percentile) £56,000 £52,500 £60,000
Median % change year-on-year +6.67% -12.50% -
75th Percentile £73,886 £71,000 £80,000
90th Percentile £96,250 £90,000 £100,000
UK excluding London median annual salary £51,645 £50,000 £53,000
% change year-on-year +3.29% -5.66% +5.64%

Insurance Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Insurance Business Analyst in the UK

Insurance Business Analyst
Salary Trend

3-month moving average salary quoted in jobs citing Insurance Business Analyst.

Salary trend for Insurance Business Analyst in the UK

Insurance Business Analyst
Salary Histogram

Salary distribution for jobs citing Insurance Business Analyst over the 6 months to 17 May 2025.

Salary histogram for Insurance Business Analyst in the UK

Insurance Business Analyst
Top 3 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 6 months to 17 May 2025. 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
Jobs
England +92 32 £75,000 -6.25% 8
London +61 26 £75,000 -6.25% 8
Work from Home +109 5 £85,000 +6.25% 3

Insurance Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 17 May 2025, Insurance Business Analyst job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Insurance Business Analyst in the job title.

1 14 (43.75%) Microsoft Excel
2 11 (34.38%) Reinsurance
2 11 (34.38%) Requirements Gathering
3 10 (31.25%) Data Modelling
4 9 (28.13%) SQL
4 9 (28.13%) MS Visio
4 9 (28.13%) Target Operating Model
4 9 (28.13%) Social Skills
5 8 (25.00%) Problem-Solving
5 8 (25.00%) Workshop Facilitation
5 8 (25.00%) Data Mapping
5 8 (25.00%) Finance
5 8 (25.00%) Business Intelligence
5 8 (25.00%) Data Analysis
5 8 (25.00%) Business Analysis
6 7 (21.88%) QA
6 7 (21.88%) Systems Analysis
6 7 (21.88%) User Acceptance Testing
6 7 (21.88%) Time Management
6 7 (21.88%) BPMN
6 7 (21.88%) Continuous Improvement
6 7 (21.88%) Business Transformation
6 7 (21.88%) Azure
6 7 (21.88%) Performance Metrics
7 6 (18.75%) DevOps
7 6 (18.75%) Document Management
7 6 (18.75%) Degree
7 6 (18.75%) SharePoint
7 6 (18.75%) Microsoft Project
8 5 (15.63%) Agile

Insurance Business Analyst Skill Set
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 6 (18.75%) SharePoint
2 1 (3.13%) Confluence
Applications
1 14 (43.75%) Microsoft Excel
2 9 (28.13%) MS Visio
3 6 (18.75%) Microsoft Project
4 3 (9.38%) Microsoft Office
5 1 (3.13%) Microsoft PowerPoint
Cloud Services
1 7 (21.88%) Azure
2 1 (3.13%) AWS
Database & Business Intelligence
1 1 (3.13%) Data Lake
Development Applications
1 1 (3.13%) JIRA
General
1 9 (28.13%) Social Skills
2 8 (25.00%) Finance
3 3 (9.38%) Analytical Skills
4 2 (6.25%) Back Office
5 1 (3.13%) Documentation Skills
5 1 (3.13%) Organisational Skills
5 1 (3.13%) Presentation Skills
Libraries, Frameworks & Software Standards
1 1 (3.13%) RESTful
Miscellaneous
1 11 (34.38%) Reinsurance
2 1 (3.13%) Analytical Mindset
2 1 (3.13%) Enterprise Software
Processes & Methodologies
1 11 (34.38%) Requirements Gathering
2 10 (31.25%) Data Modelling
3 9 (28.13%) Target Operating Model
4 8 (25.00%) Business Analysis
4 8 (25.00%) Business Intelligence
4 8 (25.00%) Data Analysis
4 8 (25.00%) Data Mapping
4 8 (25.00%) Problem-Solving
4 8 (25.00%) Workshop Facilitation
5 7 (21.88%) BPMN
5 7 (21.88%) Business Transformation
5 7 (21.88%) Continuous Improvement
5 7 (21.88%) Performance Metrics
5 7 (21.88%) Systems Analysis
5 7 (21.88%) Time Management
5 7 (21.88%) User Acceptance Testing
6 6 (18.75%) DevOps
6 6 (18.75%) Document Management
7 5 (15.63%) Agile
8 3 (9.38%) User Stories
Programming Languages
1 9 (28.13%) SQL
2 1 (3.13%) Python
Qualifications
1 6 (18.75%) Degree
Quality Assurance & Compliance
1 7 (21.88%) QA
2 2 (6.25%) PMO
3 1 (3.13%) Data Quality
3 1 (3.13%) GDPR
3 1 (3.13%) Solvency II
Vendors
1 1 (3.13%) Guidewire
1 1 (3.13%) Microsoft