Quantitative Analyst Salaries in United Kingdom

The average salary for a Quantitative Analyst is £104,890 per year in United Kingdom. Salaries estimates are based on 872 salaries submitted anonymously to Glassdoor by a Quantitative Analyst employees in United Kingdom.

The highest salary for a Quantitative Analyst in United Kingdom is £158,275 per year.

The lowest salary for a Quantitative Analyst in United Kingdom is £71,722 per year.

Quantitative analyst pay is relatively high compared to the average salary, and generally higher than that of other analysts. This premium reflects the position's comparatively high barriers to entry. Quantitative analysts with expertise related to the financial services sector sometimes earn especially high pay. Candidates can increase their earning capacity by taking on a senior analytics position which could earn them around six figures.

Looking to increase your earning potential as a quantitative analyst? There are several options available to you. Pay can vary across industries, so consider moving into the top-paying industries, which are typically finance and investment, with hedge funds, investment banks, and asset management firms offering some of the highest salaries. Stand out by obtaining a master's or PhD in a related field like maths or statistics which can help you move into higher-paying positions more quickly.

To make yourself more marketable, consider learning programming languages like Python or Basel III, as well as commonly used systems like MATLAB or CMA. This may open up opportunities for promotion too. Make sure you stay up-to-date with the latest technological developments to keep you competitive in the job market and increase your chances of earning a higher salary.

Whether you’re preparing to ask for a pay rise or you’re looking for new job openings, first research the average salary for a quantitative analyst with your experience in your area. This will give you a good idea of where your salary is on the scale and put you in a favourable position to negotiate. If you have a well-rounded profile, you can safely aim for at least a 10% increase. When negotiating after a job offer, keep it simple. Explain how you can contribute to the company and say something like, "I'm excited to work with this company! Is there any wiggle room on the salary? I was hoping it would be closer to this amount."

About 72.86% of Quantitative Analyst professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional £20,675 in potential pay per year, among other factors, can qualify the annual pay of a Quantitative Analyst in United Kingdom as a good salary.

Quantitative Analyst professionals in United Kingdom have a wide total pay range, between £52,100 and £236,920 depending on experience, with an estimated total pay of £104,984 following the average career path of a Quantitative Analyst.