Quantitative Developer Contracts with Work from Home Options

Quant Developer
UK > Work from Home

The median Quant Developer daily rate in Work from Home is £900 according to job vacancies posted during the 6 months to 20 May 2024.

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

6 months to
20 May 2024
Same period 2023 Same period 2022
Rank 296 404 566
Rank change year-on-year +108 +162 -93
Contract jobs requiring a Quantitative Developer 45 51 53
As % of all contract jobs with a WFH option 0.31% 0.21% 0.12%
As % of the Job Titles category 0.33% 0.22% 0.12%
Number of daily rates quoted 39 40 47
10th Percentile - £688 £675
25th Percentile £688 £763 £688
Median daily rate (50th Percentile) £900 £880 £825
Median % change year-on-year +2.27% +6.67% +13.79%
75th Percentile £1,250 £950 £881
90th Percentile - £955 £888
UK median daily rate £900 £850 £750
% change year-on-year +5.88% +13.33% +7.14%

All Contract IT Job Vacancies
Work from Home

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies with a WFH option. 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 13,766 23,608 42,537
% of contract IT jobs with a recognized job title 93.49% 95.27% 95.69%
Number of daily rates quoted 9,304 16,691 30,789
10th Percentile £325 £363 £356
25th Percentile £425 £450 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +9.38%
75th Percentile £638 £650 £625
90th Percentile £750 £750 £725
UK median daily rate £525 £543 £525
% change year-on-year -3.23% +3.33% +8.47%
Number of hourly rates quoted 559 541 595
10th Percentile £14.23 £17.50 £13.50
25th Percentile £22.59 £25.71 £19.45
Median hourly rate £43.00 £52.50 £35.00
Median % change year-on-year -18.10% +50.00% +45.83%
75th Percentile £63.75 £67.50 £57.50
90th Percentile £75.25 £79.19 £68.75
UK median hourly rate £36.50 £45.00 £23.91
% change year-on-year -18.89% +88.21% +6.27%

Quantitative Developer
Trend for Jobs with a WFH Option

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

Quantitative Developer trend for jobs with a WFH option

Quantitative Developer
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 Quantitative Developer.

Quantitative Developer daily rate for jobs with a WFH option

Quantitative Developer
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Quantitative Developer over the 6 months to 20 May 2024.

Quantitative Developer daily rate histogram for jobs with a WFH option

Quantitative Developer Skill Set
Top 30 Co-occurring Skills and Capabilities in Job Vacancies with WFH Options

For the 6 months to 20 May 2024, Quantitative Developer 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 Quantitative Developer in the job title.

1 31 (68.89%) Finance
2 29 (64.44%) Fixed Income
3 28 (62.22%) Python
4 22 (48.89%) Derivative
5 21 (46.67%) Hedge funds
5 21 (46.67%) Front Office
6 20 (44.44%) Banking
7 17 (37.78%) Asset Management
7 17 (37.78%) Equities
7 17 (37.78%) Azure
7 17 (37.78%) AWS
8 16 (35.56%) Investment Banking
8 16 (35.56%) Agile
9 15 (33.33%) Java
9 15 (33.33%) Algorithmic Trading
10 14 (31.11%) Investment Management
10 14 (31.11%) Software Engineering
10 14 (31.11%) R
10 14 (31.11%) Bloomberg
10 14 (31.11%) GCP
10 14 (31.11%) Quantitative Research
11 12 (26.67%) Electronic Trading
11 12 (26.67%) FIX Protocol
12 9 (20.00%) Analytical Skills
13 8 (17.78%) Quantitative Finance
13 8 (17.78%) C++
14 7 (15.56%) C#
14 7 (15.56%) Problem-Solving
15 6 (13.33%) Mathematics
15 6 (13.33%) Degree

Quantitative Developer 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:

Application Platforms
1 1 (2.22%) MQSeries
Business Applications
1 3 (6.67%) Orchestrade
Cloud Services
1 17 (37.78%) AWS
1 17 (37.78%) Azure
2 14 (31.11%) GCP
3 1 (2.22%) Azure DevOps
3 1 (2.22%) GitHub
Database & Business Intelligence
1 2 (4.44%) SQL Server
2 1 (2.22%) NoSQL
General
1 31 (68.89%) Finance
2 21 (46.67%) Front Office
3 20 (44.44%) Banking
4 16 (35.56%) Investment Banking
5 9 (20.00%) Analytical Skills
6 1 (2.22%) Financial Institution
6 1 (2.22%) Social Skills
Libraries, Frameworks & Software Standards
1 12 (26.67%) FIX Protocol
2 2 (4.44%) .NET
2 2 (4.44%) AngularJS
2 2 (4.44%) React
3 1 (2.22%) NumPy
3 1 (2.22%) Pandas
3 1 (2.22%) Rendezvous
3 1 (2.22%) SciPy
Miscellaneous
1 29 (64.44%) Fixed Income
2 22 (48.89%) Derivative
3 21 (46.67%) Hedge funds
4 17 (37.78%) Equities
5 5 (11.11%) Algorithms
6 3 (6.67%) Foreign Exchange (FX)
7 2 (4.44%) Credit Derivative
7 2 (4.44%) Greenfield Project
Operating Systems
1 2 (4.44%) Linux
Processes & Methodologies
1 17 (37.78%) Asset Management
2 16 (35.56%) Agile
3 15 (33.33%) Algorithmic Trading
4 14 (31.11%) Investment Management
4 14 (31.11%) Quantitative Research
4 14 (31.11%) Software Engineering
5 12 (26.67%) Electronic Trading
6 8 (17.78%) Quantitative Finance
7 7 (15.56%) Problem-Solving
8 6 (13.33%) Mathematics
9 5 (11.11%) Physics
10 4 (8.89%) Computer Science
11 3 (6.67%) Order Management
11 3 (6.67%) Portfolio Management
12 2 (4.44%) Analytical Modelling
12 2 (4.44%) Analytics
12 2 (4.44%) Automated Trading
12 2 (4.44%) DevOps
12 2 (4.44%) Full Stack Development
12 2 (4.44%) Model Validation
Programming Languages
1 28 (62.22%) Python
2 15 (33.33%) Java
3 14 (31.11%) R
4 8 (17.78%) C++
5 7 (15.56%) C#
6 2 (4.44%) JavaScript
7 1 (2.22%) Rust
7 1 (2.22%) SQL
Qualifications
1 6 (13.33%) Degree
2 2 (4.44%) Numerate Degree
3 1 (2.22%) Master's Degree
3 1 (2.22%) PhD
Vendors
1 14 (31.11%) Bloomberg
2 1 (2.22%) IBM
2 1 (2.22%) Solace
2 1 (2.22%) TIBCO