Period
to

The median annual salary for a Senior Quantitative Developer was £125,000 in advertised job vacancies during the 6 months to 9 August 2022.

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

Senior Quant Developer
UK
6 months to
9 Aug 2022
Same period 2021 Same period 2020
Rank 1192 999 779
Rank change year-on-year -193 -220 +350
Permanent jobs requiring a Senior Quantitative Developer 43 4 12
As % of all permanent jobs advertised in the UK 0.025% 0.004% 0.018%
As % of the Job Titles category 0.027% 0.004% 0.019%
Number of salaries quoted 23 3 7
10th Percentile - £113,000 £115,500
25th Percentile £100,000 £117,500 £140,000
Median annual salary (50th Percentile) £125,000 £130,000 £175,000
Median % change year-on-year -3.85% -25.71% +94.44%
75th Percentile £132,500 £149,375 £187,500
90th Percentile - £158,000 -
UK excluding London median annual salary - - -

The following table is for comparison with the above and includes 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.

All Permanent IT Job Vacancies
UK
Permanent vacancies in the UK with a recognized job title 156,644 103,964 61,737
% of permanent IT jobs with a recognized job title 91.96% 91.19% 94.93%
Number of salaries quoted 84,089 73,630 50,434
10th Percentile £32,500 £31,750 £31,250
25th Percentile £43,500 £41,250 £40,000
Median annual salary (50th Percentile) £60,000 £55,000 £55,000
Median % change year-on-year +9.09% - +10.00%
75th Percentile £78,750 £75,000 £72,500
90th Percentile £95,000 £90,000 £88,750
UK excluding London median annual salary £52,000 £47,500 £47,500
% change year-on-year +9.47% - +5.56%

Senior Quantitative Developer
Job Vacancy Trend

Job postings that featured Senior Quantitative Developer in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Senior Quantitative Developer in the UK

Senior Quantitative Developer
Salary Trend

3-month moving average salary quoted in jobs citing Senior Quantitative Developer.

Salary trend for Senior Quantitative Developer in the UK

Senior Quantitative Developer
Salary Histogram

Salary distribution for jobs citing Senior Quantitative Developer over the 6 months to 9 August 2022.

Salary histogram for Senior Quantitative Developer in the UK

Senior Quantitative Developer
Top 5 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Senior Quantitative Developer within the UK over the 6 months to 9 August 2022. 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 -155 43 £125,000 -3.85%
London -170 23 £125,000 -3.85%
East of England - 20 - -
UK excluding London - 20 - -
Work from Home -217 9 £100,000 -23.08%

Senior Quantitative Developer Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 9 August 2022, Senior Quantitative Developer job roles required the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Senior Quantitative Developer in the job title.

1 43 (100.00%) Finance
2 33 (76.74%) Mathematics
2 33 (76.74%) Computer Science
2 33 (76.74%) Monte Carlo Method
2 33 (76.74%) Analytics
2 33 (76.74%) Model Validation
3 29 (67.44%) Social Skills
3 29 (67.44%) Banking
4 25 (58.14%) C++
5 23 (53.49%) Python
6 21 (48.84%) Degree
7 20 (46.51%) Statistics
7 20 (46.51%) Physics
7 20 (46.51%) Agile
7 20 (46.51%) Software Engineering
7 20 (46.51%) Risk Management
7 20 (46.51%) C#
7 20 (46.51%) Analytical Skills
7 20 (46.51%) Time Management
7 20 (46.51%) Financial Modelling
7 20 (46.51%) Mathematical Modelling
7 20 (46.51%) Problem-Solving
8 13 (30.23%) Pricing Analytics
8 13 (30.23%) IFRS
8 13 (30.23%) IFRS 9
8 13 (30.23%) TensorFlow
8 13 (30.23%) Fintech
8 13 (30.23%) SciPy
8 13 (30.23%) Credit Risk
8 13 (30.23%) Market Risk

Senior Quantitative Developer 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:

Cloud Services
1 9 (20.93%) AWS
1 9 (20.93%) Azure
General
1 43 (100.00%) Finance
2 29 (67.44%) Banking
2 29 (67.44%) Social Skills
3 20 (46.51%) Analytical Skills
4 1 (2.33%) Financial Institution
4 1 (2.33%) Front Office
Libraries, Frameworks & Software Standards
1 13 (30.23%) scikit-learn
1 13 (30.23%) SciPy
1 13 (30.23%) TensorFlow
2 9 (20.93%) .NET
3 1 (2.33%) Middleware
Miscellaneous
1 13 (30.23%) Credit Risk
1 13 (30.23%) Derivative
1 13 (30.23%) Equities
1 13 (30.23%) Fixed Income
1 13 (30.23%) Market Risk
2 1 (2.33%) Algorithms
Operating Systems
1 13 (30.23%) Linux
Processes & Methodologies
1 33 (76.74%) Analytics
1 33 (76.74%) Computer Science
1 33 (76.74%) Mathematics
1 33 (76.74%) Model Validation
1 33 (76.74%) Monte Carlo Method
2 20 (46.51%) Agile
2 20 (46.51%) Financial Modelling
2 20 (46.51%) Mathematical Modelling
2 20 (46.51%) Physics
2 20 (46.51%) Problem-Solving
2 20 (46.51%) Risk Management
2 20 (46.51%) Software Engineering
2 20 (46.51%) Statistics
2 20 (46.51%) Time Management
3 13 (30.23%) Fintech
3 13 (30.23%) Machine Learning
3 13 (30.23%) Pricing Analytics
3 13 (30.23%) Risk Analytics
3 13 (30.23%) Stress Testing
3 13 (30.23%) Validation
Programming Languages
1 25 (58.14%) C++
2 23 (53.49%) Python
3 20 (46.51%) C#
4 1 (2.33%) Java
Qualifications
1 21 (48.84%) Degree
2 13 (30.23%) PhD
Quality Assurance & Compliance
1 13 (30.23%) IFRS
1 13 (30.23%) IFRS 9
Vendors
1 1 (2.33%) Solace