Insurance Business Analyst Jobs in London

Business Analyst - Insurance (Insurance BA)
England > London

The median Business Analyst - Insurance (Insurance BA) salary in London is £80,000 per year according to job vacancies posted during the 6 months to 2 June 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
2 Jun 2024
Same period 2023 Same period 2022
Rank 428 511 695
Rank change year-on-year +83 +184 -136
Permanent jobs requiring an Insurance Business Analyst 71 96 227
As % of all permanent jobs advertised in London 0.29% 0.30% 0.31%
As % of the Job Titles category 0.31% 0.32% 0.32%
Number of salaries quoted 67 88 205
10th Percentile £64,000 £56,375 £52,500
25th Percentile £70,000 £69,375 £60,000
Median annual salary (50th Percentile) £80,000 £80,000 £70,000
Median % change year-on-year - +14.29% +12.00%
75th Percentile £85,625 £85,000 £80,000
90th Percentile £90,000 £89,125 £84,500
England median annual salary £80,000 £77,500 £70,000
% change year-on-year +3.23% +10.71% +12.00%

All Permanent IT Job Vacancies
London

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in London. 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 London with a recognized job title 22,868 30,463 70,595
% of permanent jobs with a recognized job title 94.46% 95.03% 96.24%
Number of salaries quoted 16,938 22,839 34,712
10th Percentile £37,500 £41,875 £41,250
25th Percentile £50,000 £55,000 £52,500
Median annual salary (50th Percentile) £70,000 £72,500 £70,000
Median % change year-on-year -3.45% +3.57% -
75th Percentile £93,750 £95,000 £91,250
90th Percentile £115,000 £115,000 £110,000
England median annual salary £52,500 £60,567 £60,000
% change year-on-year -13.32% +0.95% +9.09%

Insurance Business Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Insurance Business Analyst in London

Insurance Business Analyst
Salary Trend in London

3-month moving average salary quoted in jobs citing Insurance Business Analyst in London.

Salary trend for Insurance Business Analyst in London

Insurance Business Analyst
Salary Histogram in London

Salary distribution for jobs citing Insurance Business Analyst in London over the 6 months to 2 June 2024.

Salary histogram for Insurance Business Analyst in London

Insurance Business Analyst
Job Locations in London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Insurance Business Analyst within the London region over the 6 months to 2 June 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
Central London +40 6 £85,000 +30.77% 1
Insurance Business Analyst
England

Insurance Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in London

For the 6 months to 2 June 2024, Insurance Business 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 across the London region featuring Insurance Business Analyst in the job title.

1 28 (39.44%) Inclusion and Diversity
2 22 (30.99%) Agile
2 22 (30.99%) Business Analysis
3 18 (25.35%) Social Skills
4 14 (19.72%) Finance
4 14 (19.72%) User Stories
5 12 (16.90%) Reinsurance
6 11 (15.49%) Target Operating Model
6 11 (15.49%) Workflow
7 10 (14.08%) Requirements Gathering
8 9 (12.68%) Project Delivery
8 9 (12.68%) Systems Analysis
8 9 (12.68%) Translating Business Requirements
8 9 (12.68%) SDLC
9 8 (11.27%) Business Process Mapping
9 8 (11.27%) Stakeholder Management
10 7 (9.86%) Advertising
10 7 (9.86%) Waterfall
10 7 (9.86%) User Acceptance Testing
10 7 (9.86%) Presentation Skills
11 6 (8.45%) Problem-Solving
11 6 (8.45%) Decision-Making
11 6 (8.45%) Acceptance Criteria
11 6 (8.45%) Lean Six Sigma
11 6 (8.45%) Requirements Analysis
11 6 (8.45%) Validation
11 6 (8.45%) GAP Analysis
11 6 (8.45%) Business Intelligence
11 6 (8.45%) Six Sigma
11 6 (8.45%) Project Management

Insurance Business Analyst Skill Set
Co-occurring Skills and Capabilities in London 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 5 (7.04%) MS Visio
Cloud Services
1 2 (2.82%) Azure
1 2 (2.82%) Snowflake
Development Applications
1 5 (7.04%) JIRA
General
1 28 (39.44%) Inclusion and Diversity
2 18 (25.35%) Social Skills
3 14 (19.72%) Finance
4 7 (9.86%) Advertising
4 7 (9.86%) Presentation Skills
5 5 (7.04%) Analytical Skills
6 3 (4.23%) Documentation Skills
6 3 (4.23%) Retail
7 2 (2.82%) Influencing Skills
Libraries, Frameworks & Software Standards
1 1 (1.41%) XML
Miscellaneous
1 12 (16.90%) Reinsurance
2 4 (5.63%) Management Information System
3 3 (4.23%) Greenfield Project
3 3 (4.23%) Self-Motivation
4 1 (1.41%) Analytical Mindset
4 1 (1.41%) Virtual Team
Processes & Methodologies
1 22 (30.99%) Agile
1 22 (30.99%) Business Analysis
2 14 (19.72%) User Stories
3 11 (15.49%) Target Operating Model
3 11 (15.49%) Workflow
4 10 (14.08%) Requirements Gathering
5 9 (12.68%) Project Delivery
5 9 (12.68%) SDLC
5 9 (12.68%) Systems Analysis
5 9 (12.68%) Translating Business Requirements
6 8 (11.27%) Business Process Mapping
6 8 (11.27%) Stakeholder Management
7 7 (9.86%) User Acceptance Testing
7 7 (9.86%) Waterfall
8 6 (8.45%) Business Intelligence
8 6 (8.45%) GAP Analysis
8 6 (8.45%) Lean Six Sigma
8 6 (8.45%) Requirements Analysis
8 6 (8.45%) Six Sigma
8 6 (8.45%) Validation
Programming Languages
1 6 (8.45%) SQL
Qualifications
1 5 (7.04%) Degree
Quality Assurance & Compliance
1 2 (2.82%) IFRS
1 2 (2.82%) IFRS 17
2 1 (1.41%) Actionable Recommendations
2 1 (1.41%) QA