Insurance Business Analyst Contracts with Work from Home Options

Business Analyst - Insurance (Insurance BA)
UK > Work from Home

The median Business Analyst - Insurance (Insurance BA) daily rate for remote or hybrid work is £600, according to job vacancies posted in the 6 months leading up to 31 October 2024.

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

6 months to
31 Oct 2024
Same period 2023 Same period 2022
Rank 303 366 530
Rank change year-on-year +63 +164 +24
Contract jobs requiring an Insurance Business Analyst 19 33 58
As % of all contract jobs with a WFH option 0.16% 0.18% 0.15%
As % of the Job Titles category 0.17% 0.19% 0.16%
Number of daily rates quoted 11 15 51
10th Percentile £550 £513 £500
25th Percentile £581 £544 £525
Median daily rate (50th Percentile) £600 £600 £580
Median % change year-on-year - +3.45% +19.59%
75th Percentile £619 £700 -
90th Percentile £638 - £625
UK median daily rate £600 £600 £580
% change year-on-year - +3.45% +10.48%

All Contract IT Job Vacancies
Work from Home

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies with WFH or hybrid options. 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 contract jobs in our overall sample.

Contract vacancies in Work from Home with a recognized job title 11,313 17,773 36,914
% of contract IT jobs with a recognized job title 93.20% 94.50% 95.54%
Number of daily rates quoted 7,133 12,477 26,633
10th Percentile £325 £325 £363
25th Percentile £413 £425 £450
Median daily rate (50th Percentile) £525 £525 £550
Median % change year-on-year - -4.55% +10.00%
75th Percentile £631 £645 £650
90th Percentile £738 £743 £750
UK median daily rate £525 £525 £550
% change year-on-year - -4.55% +10.00%
Number of hourly rates quoted 194 389 527
10th Percentile £19.39 £16.93 £15.15
25th Percentile £25.52 £24.97 £25.00
Median hourly rate £41.53 £50.00 £50.00
Median % change year-on-year -16.94% - +101.61%
75th Percentile £66.00 £70.00 £67.50
90th Percentile £72.50 £85.00 £77.50
UK median hourly rate £38.00 £45.00 £27.73
% change year-on-year -15.56% +62.28% +38.65%

Insurance Business Analyst
Trend for Jobs with a WFH Option

Job vacancies with a work from home option which featured Insurance Business Analyst in the job title as a proportion of all IT jobs advertised.

Insurance Business Analyst trend for jobs with a WFH option

Insurance Business Analyst
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Insurance Business Analyst.

Insurance Business Analyst daily rate for jobs with a WFH option

Insurance Business Analyst
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Insurance Business Analyst over the 6 months to 31 October 2024.

Insurance Business Analyst daily rate histogram for jobs with a WFH option

Insurance Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in Job Vacancies with WFH Options

For the 6 months to 31 October 2024, Insurance Business Analyst contract 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 contract jobs with a WFH option featuring Insurance Business Analyst in the job title.

1 14 (73.68%) Agile
2 10 (52.63%) Social Skills
3 8 (42.11%) Business Analysis
4 7 (36.84%) Finance
4 7 (36.84%) Presentation Skills
4 7 (36.84%) Inclusion and Diversity
5 6 (31.58%) Workshop Facilitation
6 5 (26.32%) Business Process Analysis
6 5 (26.32%) Acceptance Criteria
6 5 (26.32%) Business Transformation
7 4 (21.05%) User Stories
7 4 (21.05%) User Acceptance Testing
7 4 (21.05%) Wireframes
7 4 (21.05%) Prototyping
7 4 (21.05%) Impact Assessments
8 3 (15.79%) Influencing Skills
8 3 (15.79%) Strategic Thinking
8 3 (15.79%) Validation
9 2 (10.53%) Stakeholder Management
9 2 (10.53%) GAP Analysis
9 2 (10.53%) Salesforce
9 2 (10.53%) Project Management
9 2 (10.53%) Time Management
9 2 (10.53%) Stakeholder Engagement
9 2 (10.53%) Degree
9 2 (10.53%) Target Operating Model
9 2 (10.53%) Reinsurance
9 2 (10.53%) Requirements Gathering
9 2 (10.53%) Project Delivery
10 1 (5.26%) Backlog Management

Insurance Business Analyst Skill Set
Co-occurring Skills and Capabilities with WFH Options 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:

Applications
1 1 (5.26%) MS Visio
Business Applications
1 1 (5.26%) RiskWrite
Cloud Services
1 1 (5.26%) Azure
1 1 (5.26%) Lucidchart
Development Applications
1 1 (5.26%) Eclipse
General
1 10 (52.63%) Social Skills
2 7 (36.84%) Finance
2 7 (36.84%) Inclusion and Diversity
2 7 (36.84%) Presentation Skills
3 3 (15.79%) Influencing Skills
4 1 (5.26%) Analytical Skills
Miscellaneous
1 2 (10.53%) Reinsurance
2 1 (5.26%) Product Ownership
Processes & Methodologies
1 14 (73.68%) Agile
2 8 (42.11%) Business Analysis
3 6 (31.58%) Workshop Facilitation
4 5 (26.32%) Acceptance Criteria
4 5 (26.32%) Business Process Analysis
4 5 (26.32%) Business Transformation
5 4 (21.05%) Impact Assessments
5 4 (21.05%) Prototyping
5 4 (21.05%) User Acceptance Testing
5 4 (21.05%) User Stories
5 4 (21.05%) Wireframes
6 3 (15.79%) Strategic Thinking
6 3 (15.79%) Validation
7 2 (10.53%) GAP Analysis
7 2 (10.53%) Project Management
7 2 (10.53%) Requirements Gathering
7 2 (10.53%) Stakeholder Engagement
7 2 (10.53%) Stakeholder Management
7 2 (10.53%) Target Operating Model
7 2 (10.53%) Time Management
Qualifications
1 2 (10.53%) Degree
2 1 (5.26%) ISEB
2 1 (5.26%) Master's Degree
2 1 (5.26%) PRINCE2 Certification
Quality Assurance & Compliance
1 1 (5.26%) Actionable Recommendations
Vendors
1 2 (10.53%) Salesforce