Quantitative Risk Analyst Contracts with Work from Home Options

Quantitative Risk Analyst
UK > Work from Home

The median Quantitative Risk Analyst daily rate for remote or hybrid work is £975, according to job vacancies posted in the 6 months leading up to 11 June 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
11 Jun 2024		 Same period 2023 Same period 2022
Rank 341 434 624
Rank change year-on-year +93 +190 -119
Contract jobs requiring a Quantitative Risk Analyst 2 11 5
As % of all contract jobs with a WFH option 0.014% 0.046% 0.011%
As % of the Job Titles category 0.014% 0.048% 0.012%
Number of daily rates quoted 2 2 3
10th Percentile £928 - £750
25th Percentile £931 £825 £788
Median daily rate (50th Percentile) £975 £850 £900
Median % change year-on-year +14.71% -5.56% -
75th Percentile £1,031 £875 £953
90th Percentile £1,043 - £955
UK median daily rate £950 £1,050 £850
% change year-on-year -9.52% +23.53% +1.19%

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 13,812 22,728 41,958
% of contract IT jobs with a recognized job title 93.53% 95.24% 95.64%
Number of daily rates quoted 9,312 16,121 30,511
10th Percentile £325 £359 £359
25th Percentile £425 £444 £431
Median daily rate (50th Percentile) £525 £538 £525
Median % change year-on-year -2.42% +2.48% +7.14%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £725
UK median daily rate £525 £540 £525
% change year-on-year -2.78% +2.86% +6.06%
Number of hourly rates quoted 568 526 561
10th Percentile £14.26 £16.98 £14.00
25th Percentile £22.56 £25.00 £19.91
Median hourly rate £43.00 £50.50 £40.00
Median % change year-on-year -14.85% +26.25% +70.21%
75th Percentile £63.19 £66.57 £59.00
90th Percentile £75.00 £77.00 £68.75
UK median hourly rate £37.50 £45.00 £25.00
% change year-on-year -16.67% +80.00% +16.28%

Quantitative Risk Analyst
Trend for Jobs with a WFH Option

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

Quantitative Risk Analyst trend for jobs with a WFH option

Quantitative Risk 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 Quantitative Risk Analyst.

Quantitative Risk Analyst daily rate for jobs with a WFH option

Quantitative Risk Analyst Skill Set
Top 10 Co-occurring Skills and Capabilities in Job Vacancies with WFH Options

For the 6 months to 11 June 2024, Quantitative Risk 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 Quantitative Risk Analyst in the job title.

1 2 (100.00%) SQL
1 2 (100.00%) Python
1 2 (100.00%) Front Office
1 2 (100.00%) Equities
1 2 (100.00%) Derivative
1 2 (100.00%) Equity Derivative
1 2 (100.00%) Market Risk
1 2 (100.00%) Time Series Analysis
1 2 (100.00%) Analytical Skills
1 2 (100.00%) Backtesting

Quantitative Risk 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:

General
1 2 (100.00%) Analytical Skills
1 2 (100.00%) Front Office
Miscellaneous
1 2 (100.00%) Derivative
1 2 (100.00%) Equities
1 2 (100.00%) Equity Derivative
1 2 (100.00%) Market Risk
Processes & Methodologies
1 2 (100.00%) Backtesting
1 2 (100.00%) Time Series Analysis
Programming Languages
1 2 (100.00%) Python
1 2 (100.00%) SQL
4 Quantitative Risk Analyst jobs Nationwide