Quant Analyst
UK

The median Quant Analyst salary in the UK is £100,000 per year according to job vacancies posted during the 6 months to 17 May 2024.

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

6 months to
17 May 2024
Same period 2023 Same period 2022
Rank 866 918 1198
Rank change year-on-year +52 +280 -325
Permanent jobs requiring a Quantitative Analyst 17 41 35
As % of all permanent jobs advertised in the UK 0.017% 0.041% 0.022%
As % of the Job Titles category 0.018% 0.045% 0.023%
Number of salaries quoted 17 32 35
10th Percentile £56,850 - £42,500
25th Percentile £77,500 £57,500 £62,500
Median annual salary (50th Percentile) £100,000 £80,000 £80,000
Median % change year-on-year +25.00% - -3.03%
75th Percentile £115,000 £115,000 £95,000
90th Percentile £142,500 £137,500 £96,250
UK excluding London median annual salary - £65,000 -

All Permanent IT Job Vacancies
UK

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.

Permanent vacancies in the UK with a recognized job title 94,483 90,798 154,064
% of permanent jobs with a recognized job title 94.68% 91.49% 96.09%
Number of salaries quoted 67,539 57,358 84,412
10th Percentile £28,500 £32,500 £32,500
25th Percentile £38,500 £45,000 £42,526
Median annual salary (50th Percentile) £52,500 £60,000 £60,000
Median % change year-on-year -12.50% - +9.09%
75th Percentile £71,000 £80,000 £78,750
90th Percentile £90,000 £100,000 £95,000
UK excluding London median annual salary £50,000 £53,000 £50,000
% change year-on-year -5.66% +6.00% +5.26%

Quantitative Analyst
Job Vacancy Trend

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

Job vacancy trend for Quantitative Analyst in the UK

Quantitative Analyst
Salary Trend

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

Salary trend for Quantitative Analyst in the UK

Quantitative Analyst
Salary Histogram

Salary distribution for jobs citing Quantitative Analyst over the 6 months to 17 May 2024.

Salary histogram for Quantitative Analyst in the UK

Quantitative Analyst
Top 3 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Quantitative Analyst within the UK over the 6 months to 17 May 2024. 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
London +103 17 £100,000 +11.11% 34
England +75 17 £100,000 +25.00% 38
Work from Home +62 4 £88,250 +47.08% 27

Quantitative Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 17 May 2024, Quantitative Analyst 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 permanent job ads featuring Quantitative Analyst in the job title.

1 16 (94.12%) Python
2 12 (70.59%) C#
2 12 (70.59%) C++
2 12 (70.59%) Mathematics
2 12 (70.59%) Statistics
2 12 (70.59%) Degree
3 11 (64.71%) Statistical Modelling
3 11 (64.71%) Master's Degree
3 11 (64.71%) PhD
4 10 (58.82%) Physics
5 9 (52.94%) Computer Science
5 9 (52.94%) Data Science
5 9 (52.94%) Kalman Filter
6 8 (47.06%) R
6 8 (47.06%) MATLAB
7 6 (35.29%) Finance
8 5 (29.41%) Quantitative Analysis
9 4 (23.53%) SQL
10 3 (17.65%) Derivative
11 2 (11.76%) Monte Carlo Method
11 2 (11.76%) Hedge funds
11 2 (11.76%) Analytics
11 2 (11.76%) Low Latency
11 2 (11.76%) Fintech
11 2 (11.76%) Social Skills
11 2 (11.76%) OOP
11 2 (11.76%) OO
11 2 (11.76%) Client/Server
11 2 (11.76%) Financial Institution
11 2 (11.76%) Fixed Income

Quantitative Analyst Skill Set
Co-occurring Skills and Capabilities 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 (5.88%) CMS
Cloud Services
1 1 (5.88%) GitHub
Database & Business Intelligence
1 1 (5.88%) Big Data
Development Applications
1 1 (5.88%) GDB
1 1 (5.88%) JIRA
General
1 6 (35.29%) Finance
2 2 (11.76%) Banking
2 2 (11.76%) Financial Institution
2 2 (11.76%) Social Skills
3 1 (5.88%) Analytical Skills
3 1 (5.88%) Investment Banking
3 1 (5.88%) Organisational Skills
Libraries, Frameworks & Software Standards
1 1 (5.88%) Boost C++ Libraries
1 1 (5.88%) STL
Miscellaneous
1 3 (17.65%) Derivative
2 2 (11.76%) Client/Server
2 2 (11.76%) Fixed Income
2 2 (11.76%) Hedge funds
3 1 (5.88%) Algorithms
3 1 (5.88%) Foreign Exchange (FX)
3 1 (5.88%) Greenfield Project
3 1 (5.88%) Reinsurance
Operating Systems
1 1 (5.88%) Windows
Processes & Methodologies
1 12 (70.59%) Mathematics
1 12 (70.59%) Statistics
2 11 (64.71%) Statistical Modelling
3 10 (58.82%) Physics
4 9 (52.94%) Computer Science
4 9 (52.94%) Data Science
4 9 (52.94%) Kalman Filter
5 5 (29.41%) Quantitative Analysis
6 2 (11.76%) Agile
6 2 (11.76%) Analytics
6 2 (11.76%) Fintech
6 2 (11.76%) Low Latency
6 2 (11.76%) Monte Carlo Method
6 2 (11.76%) OO
6 2 (11.76%) OOP
7 1 (5.88%) Mathematical Modelling
7 1 (5.88%) Pricing Analytics
7 1 (5.88%) Requirements Gathering
7 1 (5.88%) Risk Management
7 1 (5.88%) SDLC
Programming Languages
1 16 (94.12%) Python
2 12 (70.59%) C#
2 12 (70.59%) C++
3 8 (47.06%) MATLAB
3 8 (47.06%) R
4 4 (23.53%) SQL
5 1 (5.88%) Java
5 1 (5.88%) VBA
Qualifications
1 12 (70.59%) Degree
2 11 (64.71%) Master's Degree
2 11 (64.71%) PhD
3 1 (5.88%) CFA