The median annual salary for a Insurance Business Analyst was £51,250 in advertised job vacancies in the West Midlands during the 3 months to 24 March 2017.

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

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Business Analyst - Insurance
England / West Midlands
Rank 180 - 215
Rank change year-on-year - 0  
Permanent jobs requiring an Insurance Business Analyst 30 0 2
As % of all permanent IT jobs advertised in the West Midlands 0.64% - 0.040%
As % of the Job Titles category 0.66% - 0.041%
Number of salaries quoted 30 0 2
Median salary £51,250 - £45,000
UK excluding London median salary £50,000 £45,000 £46,250
% change year-on-year +11.11% -2.70%  

The next table is for comparison with the above and includes summary statistics for all job roles in permanent job vacancies advertised in the West Midlands. 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
West Midlands
Permanent job vacancies with a job title containing a recognized job role 4568 5904 4865
As % of all permanent IT job vacancies advertised in the West Midlands 96.86% 96.34% 96.62%
Number of salaries quoted 3763 4801 4148
Median salary £40,000 £40,000 £40,000
90% offered a salary of more than £25,000 £25,000 £24,000
10% offered a salary of more than £57,500 £57,500 £60,000
UK excluding London median salary £42,000 £41,500 £40,000
% change year-on-year +1.20% +3.75%  

Insurance Business Analyst
Job Vacancy Trend in the West Midlands

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

Job vacancy trend for Insurance Business Analyst in the West Midlands

Insurance Business Analyst
Salary Trend in the West Midlands

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

Salary trend for Insurance Business Analyst in the West Midlands

Insurance Business Analyst
Salary Histogram in the West Midlands

The salary distribution of IT jobs citing Insurance Business Analyst in the West Midlands over the 3 months to 24 March 2017.

Salary histogram for Insurance Business Analyst in the West Midlands

Insurance Business Analyst
Job Locations in the West Midlands

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 West Midlands region over the 3 months to 24 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
Birmingham - 18 £51,250 - 1
Solihull - 12 £50,000 -
Insurance Business Analyst
England

Insurance Business Analyst Skill Set
Top 30 Related IT Skills in the West Midlands

For the 6 months to 24 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 across the West Midlands region featuring Insurance Business Analyst in the job title.

1 15 (35.71%) Validation
1 15 (35.71%) Business Analysis
2 13 (30.95%) Stakeholder Engagement
2 13 (30.95%) Waterfall
3 11 (26.19%) Stakeholder Management
4 10 (23.81%) Finance
5 9 (21.43%) Agile Software Development
6 8 (19.05%) SDLC
6 8 (19.05%) Reinsurance
7 7 (16.67%) Data Flow Diagram
8 4 (9.52%) Presales
8 4 (9.52%) GAP Analysis
8 4 (9.52%) Management Information System
8 4 (9.52%) ITIL
8 4 (9.52%) PRINCE2
8 4 (9.52%) Configuration Management
8 4 (9.52%) Project Management
8 4 (9.52%) Process Improvement
8 4 (9.52%) Enterprise Architecture
8 4 (9.52%) Resource Management
8 4 (9.52%) Analytics
8 4 (9.52%) User Acceptance Testing
8 4 (9.52%) System Testing
8 4 (9.52%) Analytical Skills
9 3 (7.14%) Stakeholder Analysis
9 3 (7.14%) Business Analytics
9 3 (7.14%) UML
10 2 (4.76%) Banking
10 2 (4.76%) Degree
10 2 (4.76%) Data Mapping

Insurance Business Analyst Skill Set
Top Related IT Skills in the West Midlands 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:

General
1 10 (23.81%) Finance
2 2 (4.76%) Banking
3 1 (2.38%) Retail
Miscellaneous
1 8 (19.05%) Reinsurance
2 4 (9.52%) Analytical Skills
2 4 (9.52%) Management Information System
Processes & Methodologies
1 15 (35.71%) Business Analysis
1 15 (35.71%) Validation
2 13 (30.95%) Stakeholder Engagement
2 13 (30.95%) Waterfall
3 11 (26.19%) Stakeholder Management
4 9 (21.43%) Agile Software Development
5 8 (19.05%) SDLC
6 7 (16.67%) Data Flow Diagram
7 4 (9.52%) Analytics
7 4 (9.52%) Configuration Management
7 4 (9.52%) Enterprise Architecture
7 4 (9.52%) GAP Analysis
7 4 (9.52%) ITIL
7 4 (9.52%) Presales
7 4 (9.52%) PRINCE2
7 4 (9.52%) Process Improvement
7 4 (9.52%) Project Management
7 4 (9.52%) Resource Management
7 4 (9.52%) System Testing
7 4 (9.52%) User Acceptance Testing
Qualifications
1 2 (4.76%) Degree
Birmingham, West Midlands (County)
SSP Worldwide
Salary: Up to £50,000 per annum Plus Benefits
Posted: 15 days ago