Product Analyst
UK

The median Product Analyst salary in the UK is £85,000 per year according to job vacancies posted during the 6 months to 18 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
18 May 2024
Same period 2023 Same period 2022
Rank 671 847 898
Rank change year-on-year +176 +51 -110
Permanent jobs requiring a Product Analyst 221 130 353
As % of all permanent jobs advertised in the UK 0.22% 0.13% 0.22%
As % of the Job Titles category 0.23% 0.14% 0.23%
Number of salaries quoted 57 89 181
10th Percentile £38,500 £38,500 £34,000
25th Percentile £60,000 £45,000 £42,500
Median annual salary (50th Percentile) £85,000 £60,000 £55,000
Median % change year-on-year +41.67% +9.09% -
75th Percentile £105,000 £67,500 £71,250
90th Percentile £118,750 £81,250 £95,000
UK excluding London median annual salary £50,000 £55,000 £45,000
% change year-on-year -9.09% +22.22% -

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 94,593 90,744 154,424
% of permanent jobs with a recognized job title 94.69% 91.51% 96.08%
Number of salaries quoted 67,603 57,335 84,442
10th Percentile £28,500 £32,500 £32,500
25th Percentile £38,500 £45,000 £42,521
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%

Product Analyst
Job Vacancy Trend

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

Job vacancy trend for Product Analyst in the UK

Product Analyst
Salary Trend

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

Salary trend for Product Analyst in the UK

Product Analyst
Salary Histogram

Salary distribution for jobs citing Product Analyst over the 6 months to 18 May 2024.

Salary histogram for Product Analyst in the UK

Product Analyst
Top 15 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Product Analyst within the UK over the 6 months to 18 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
England +170 210 £90,000 +50.00% 15
UK excluding London +87 161 £50,000 -9.09% 8
Midlands +105 132 £37,500 -21.05%
West Midlands +115 120 - -
Work from Home +70 59 £90,000 +50.00% 9
London +84 57 £90,000 +50.00% 9
East Midlands +2 12 £37,500 -26.83%
South West -20 9 £50,000 +25.00%
North of England +52 8 £67,500 -12.90% 4
North West +7 7 - - 4
Wales +10 4 - -
Scotland -59 4 £42,500 -29.17% 1
East of England +4 2 - -
South East -15 2 - - 3
Yorkshire - 1 £67,500 -

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

For the 6 months to 18 May 2024, Product 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 Product Analyst in the job title.

1 147 (66.52%) Social Skills
2 145 (65.61%) Analytical Skills
3 139 (62.90%) Problem-Solving
4 134 (60.63%) Continuous Improvement
5 131 (59.28%) Degree
6 125 (56.56%) Microsoft Office
6 125 (56.56%) Customer Service
7 124 (56.11%) Mathematics
8 120 (54.30%) Influencing Skills
8 120 (54.30%) Organisational Skills
8 120 (54.30%) Customer Requirements
9 66 (29.86%) Agile
10 55 (24.89%) Product Ownership
11 50 (22.62%) SQL
12 49 (22.17%) Finance
13 45 (20.36%) Python
14 40 (18.10%) Asset Management
14 40 (18.10%) Artificial Intelligence
15 39 (17.65%) Front Office
16 38 (17.19%) Fixed Income
17 37 (16.74%) Investment Management
18 36 (16.29%) Derivative
18 36 (16.29%) Machine Learning
18 36 (16.29%) Hedge funds
18 36 (16.29%) Equities
18 36 (16.29%) Foreign Exchange (FX)
19 35 (15.84%) Product Management
20 33 (14.93%) Analytics
21 32 (14.48%) AWS
22 25 (11.31%) Stakeholder Management

Product 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 4 (1.81%) SharePoint
2 1 (0.45%) Appian
Applications
1 125 (56.56%) Microsoft Office
2 9 (4.07%) Microsoft Excel
Business Applications
1 1 (0.45%) Oracle Receivables
Cloud Services
1 32 (14.48%) AWS
2 19 (8.60%) SaaS
3 10 (4.52%) Power Platform
4 4 (1.81%) Amazon CloudWatch
4 4 (1.81%) Amazon S3
5 1 (0.45%) PaaS
5 1 (0.45%) Snowflake
Communications & Networking
1 4 (1.81%) WebEx
Database & Business Intelligence
1 10 (4.52%) Power BI
2 8 (3.62%) MySQL
3 6 (2.71%) Tableau
4 4 (1.81%) Power Query
4 4 (1.81%) Relational Database
5 2 (0.90%) Oracle Database
6 1 (0.45%) Data Lake
6 1 (0.45%) Data Mining
Development Applications
1 11 (4.98%) JIRA
2 4 (1.81%) Jenkins
2 4 (1.81%) Postman
3 2 (0.90%) PowerBuilder
General
1 147 (66.52%) Social Skills
2 145 (65.61%) Analytical Skills
3 120 (54.30%) Influencing Skills
3 120 (54.30%) Organisational Skills
4 49 (22.17%) Finance
5 39 (17.65%) Front Office
6 17 (7.69%) Retail
7 9 (4.07%) Presentation Skills
8 7 (3.17%) Marketing
9 4 (1.81%) Banking
10 3 (1.36%) Inclusion and Diversity
11 2 (0.90%) Investment Banking
11 2 (0.90%) Law
11 2 (0.90%) Legal
11 2 (0.90%) Manufacturing
11 2 (0.90%) Tech for Good
12 1 (0.45%) Financial Institution
12 1 (0.45%) Public Sector
Libraries, Frameworks & Software Standards
1 1 (0.45%) .NET
1 1 (0.45%) .NET Framework
1 1 (0.45%) REST
Miscellaneous
1 55 (24.89%) Product Ownership
2 38 (17.19%) Fixed Income
3 36 (16.29%) Derivative
3 36 (16.29%) Equities
3 36 (16.29%) Foreign Exchange (FX)
3 36 (16.29%) Hedge funds
4 6 (2.71%) Analytical Mindset
5 4 (1.81%) Driving Licence
5 4 (1.81%) Management Information System
5 4 (1.81%) PMI
5 4 (1.81%) Video Conferencing
6 3 (1.36%) Self-Motivation
7 2 (0.90%) Marketing Technology
7 2 (0.90%) Onboarding
7 2 (0.90%) Reinsurance
8 1 (0.45%) Algorithms
8 1 (0.45%) Data Structures
8 1 (0.45%) Low-Code
8 1 (0.45%) Video on Demand
Operating Systems
1 8 (3.62%) Apple iOS
2 4 (1.81%) Unix
2 4 (1.81%) Windows
Processes & Methodologies
1 139 (62.90%) Problem-Solving
2 134 (60.63%) Continuous Improvement
3 125 (56.56%) Customer Service
4 124 (56.11%) Mathematics
5 120 (54.30%) Customer Requirements
6 66 (29.86%) Agile
7 40 (18.10%) Artificial Intelligence
7 40 (18.10%) Asset Management
8 37 (16.74%) Investment Management
9 36 (16.29%) Machine Learning
10 35 (15.84%) Product Management
11 33 (14.93%) Analytics
12 25 (11.31%) Stakeholder Management
13 18 (8.14%) Roadmaps
14 12 (5.43%) Decision-Making
15 10 (4.52%) Scrum
16 9 (4.07%) Data-Driven Decision Making
16 9 (4.07%) Visualisation
17 8 (3.62%) Product Backlog
17 8 (3.62%) User Experience
Programming Languages
1 50 (22.62%) SQL
2 45 (20.36%) Python
3 4 (1.81%) Java
3 4 (1.81%) JavaScript
4 2 (0.90%) PL/SQL
Qualifications
1 131 (59.28%) Degree
2 6 (2.71%) DBS Check
3 4 (1.81%) Computer Science Degree
3 4 (1.81%) PMI Certification
4 1 (0.45%) CBAP
Quality Assurance & Compliance
1 4 (1.81%) SLA
2 3 (1.36%) GDPR
3 1 (0.45%) QA
System Software
1 2 (0.90%) Oracle RAC
Systems Management
1 2 (0.90%) Data Guard
Vendors
1 7 (3.17%) Microsoft
2 5 (2.26%) Apple
3 4 (1.81%) Alteryx
3 4 (1.81%) Oracle
3 4 (1.81%) Remedy
4 2 (0.90%) Bloomberg
4 2 (0.90%) ION Trading
5 1 (0.45%) Adobe
5 1 (0.45%) eFront
5 1 (0.45%) Salesforce