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Average Financial Quantitative Analyst Salary in United Kingdom for 2026

A financial quantitative analyst in United Kingdom earns about 85,700 GBP a year. That's 23% above the national average of 69,700 GBP.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in United Kingdom sit around 41,300 GBP a year, while the very top stretches to 139,100 GBP. Everything on this page is in British pound (GBP, symbol £), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in United Kingdom, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

To turn a gross salary in United Kingdom into a take-home figure, use our United Kingdom salary after tax calculator, which works the latest tax brackets and contributions through the math for you.

How much does a financial quantitative analyst make in United Kingdom?

Average salary
85,700 GBP
7,141 GBP per month
Lowest reported
41,300 GBP
3,441 GBP per month
Highest reported
139,100 GBP
11,591 GBP per month

A typical financial quantitative analyst working in United Kingdom brings home around 7,141 GBP a month before tax. Entry-level pay starts near 41,300 GBP, and the top of the ladder reaches roughly 139,100 GBP for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior financial quantitative analyst working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the financial quantitative analyst salary in Guernsey or Jersey, both of which pay in the same currency.

How financial quantitative analyst pay ranges in United Kingdom

A good way to think about salary in United Kingdom is to look at the distribution rather than the headline average. Half of all financial quantitative analysts in United Kingdom earn less than 95,000 GBP a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 62,100 GBP (the 25th percentile), and a quarter clear 123,800 GBP (the 75th percentile). The middle 50% of financial quantitative analysts sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 41,300 GBP. The highest stretch to 139,100 GBP, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

41,300
Low
95,000
Median
139,100
High
62,100
25th
123,800
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in GBP

Financial quantitative analyst pay by experience in United Kingdom

Years of experience is the single biggest lever on pay for a financial quantitative analyst in United Kingdom, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical financial quantitative analyst salary changes as you move through the career ladder.

  • 0-2 Years
    44,200 GBP
  • 2-5 Years
    +33% from previous
    58,800 GBP
  • 5-10 Years
    +55% from previous
    91,000 GBP
  • 10-15 Years
    +21% from previous
    109,700 GBP
  • 15-20 Years
    +8% from previous
    118,900 GBP
  • 20+ Years
    +10% from previous
    130,500 GBP

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 55%. That is the point at which a financial quantitative analyst typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.

Financial quantitative analyst pay by education in United Kingdom

Education sits alongside experience as one of the biggest factors driving financial quantitative analyst pay in United Kingdom. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average financial quantitative analyst salary in United Kingdom broken down by the highest level of education a worker has completed.

  • High School
    54,600 GBP
  • Certificate or Diploma
    +20% from previous
    65,400 GBP
  • Bachelor's Degree
    +46% from previous
    95,500 GBP
  • Master's Degree
    +30% from previous
    123,800 GBP

Financial quantitative analyst gender pay gap in United Kingdom

The gender pay gap is a stubborn feature of almost every labour market, and United Kingdom is no exception. Male financial quantitative analysts in United Kingdom earn an average of 87,900 GBP a year, while female financial quantitative analysts earn around 83,700 GBP. That works out to a 5% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Financial Quantitative Analyst gender pay gap

5%

Men earn this much more than women on average in United Kingdom.

Men 87,900 GBP
Women 83,700 GBP

Pay raises for a financial quantitative analyst in United Kingdom

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in United Kingdom sees a raise of about 12% every 15 months, which works out to roughly 10% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in United Kingdom, the national average raise is around 9% every 15 months.

By industry

Industries with the highest pay raises in United Kingdom:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Financial quantitative analyst bonus rates in United Kingdom

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

62%

62% of financial quantitative analysts in United Kingdom reported a bonus of some kind in the past twelve months. That makes a financial quantitative analyst a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 2% to 7% of base salary. The remaining 38% of financial quantitative analysts reported no bonus at all over the same period.

Which careers pay bonuses in United Kingdom

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Financial quantitative analyst: public vs private sector pay

Public-sector pay in United Kingdom is about 7% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in United Kingdom on average.

Public sector 72,700 GBP
Private sector 68,200 GBP

Financial quantitative analyst salary by city and region in United Kingdom

Financial quantitative analyst pay is not even across United Kingdom. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • England
  • Scotland
  • London
  • Leeds
  • Glasgow
  • Somerset
  • Sheffield
  • Liverpool
  • Bristol
  • Manchester
LocationTypeAverageMedianRange
EnglandRegion172,100 GBP185,900 GBP79,000-274,700 GBP
ScotlandRegion121,800 GBP130,500 GBP54,500-191,100 GBP
LondonCity105,200 GBP112,700 GBP46,700-163,800 GBP
LeedsCity105,200 GBP112,700 GBP49,000-163,800 GBP
GlasgowCity102,700 GBP111,700 GBP45,600-163,500 GBP
SomersetCity100,300 GBP107,700 GBP45,200-156,200 GBP
SheffieldCity100,200 GBP107,300 GBP46,300-156,200 GBP
LiverpoolCity98,800 GBP105,800 GBP45,600-152,700 GBP
BristolCity98,300 GBP109,000 GBP46,400-158,700 GBP
ManchesterCity97,200 GBP102,700 GBP45,000-153,800 GBP
NewcastleCity96,600 GBP105,200 GBP43,800-152,900 GBP
NottinghamCity96,500 GBP105,200 GBP45,600-152,700 GBP
LeicesterCity96,000 GBP103,600 GBP44,300-151,800 GBP
BradfordCity96,000 GBP105,200 GBP45,000-152,700 GBP
CardiffCity95,600 GBP105,800 GBP45,600-153,700 GBP
BirminghamCity95,600 GBP105,800 GBP45,600-153,700 GBP
EdinburghCity95,500 GBP102,700 GBP45,300-153,800 GBP
CoventryCity95,400 GBP102,700 GBP45,300-153,800 GBP
Kingston upon HullCity93,800 GBP100,700 GBP43,400-150,100 GBP
WolverhamptonCity93,100 GBP100,200 GBP40,600-146,700 GBP
YorkCity92,500 GBP99,700 GBP43,500-146,900 GBP
BelfastCity91,900 GBP99,600 GBP41,400-142,300 GBP
DundeeCity91,900 GBP99,600 GBP41,400-142,300 GBP
PeterboroughCity91,900 GBP99,600 GBP41,400-142,300 GBP
ExeterCity91,000 GBP97,400 GBP40,700-142,300 GBP
PlymouthCity90,600 GBP97,200 GBP41,900-142,100 GBP
AberdeenCity90,000 GBP94,800 GBP39,800-140,200 GBP
BrightonCity90,000 GBP94,800 GBP39,800-140,200 GBP
ArmaghCity89,400 GBP99,400 GBP41,000-142,300 GBP
LincolnCity88,300 GBP96,000 GBP42,600-140,200 GBP
PortsmouthCity87,700 GBP94,800 GBP38,000-139,100 GBP
DerbyCity87,600 GBP94,200 GBP39,500-141,000 GBP
OxfordCity86,600 GBP93,800 GBP39,800-137,100 GBP
SwanseaCity86,100 GBP92,200 GBP38,000-139,100 GBP
PooleCity86,100 GBP93,600 GBP40,300-141,000 GBP
SouthamptonCity86,100 GBP92,200 GBP38,000-139,100 GBP
NewryCity84,800 GBP92,100 GBP38,000-134,700 GBP
HartlepoolCity84,800 GBP93,800 GBP39,300-139,100 GBP
DerryCity84,600 GBP94,100 GBP40,900-137,100 GBP
Northern IrelandRegion84,200 GBP90,000 GBP36,900-130,500 GBP
WalesRegion84,200 GBP90,000 GBP36,900-130,500 GBP
WinchesterCity83,800 GBP91,700 GBP37,900-134,100 GBP
GloucesterCity83,800 GBP90,600 GBP39,100-134,100 GBP
NorwichCity83,000 GBP88,500 GBP37,800-132,000 GBP
NewportCity81,900 GBP88,700 GBP38,000-132,000 GBP
KirkwallCity81,200 GBP86,800 GBP35,000-127,700 GBP
CambridgeCity80,300 GBP86,100 GBP38,700-130,500 GBP
StirlingCity80,300 GBP86,100 GBP38,700-130,500 GBP
ChesterCity79,800 GBP83,000 GBP34,900-123,800 GBP
DurhamCity79,800 GBP88,600 GBP35,600-130,500 GBP
WakefieldCity78,900 GBP85,100 GBP35,300-125,400 GBP
StromnessCity78,900 GBP83,800 GBP35,300-125,400 GBP
CanterburyCity78,700 GBP86,600 GBP37,300-128,200 GBP
InvernessCity77,300 GBP85,100 GBP35,000-125,400 GBP
RiponCity77,100 GBP83,700 GBP35,600-123,800 GBP
LisburnCity77,100 GBP83,700 GBP35,600-123,800 GBP
TruroCity77,000 GBP84,800 GBP36,400-123,800 GBP
AbingdonCity76,800 GBP83,800 GBP34,700-121,800 GBP
BangorCity76,000 GBP81,300 GBP35,100-118,900 GBP
St DavidsCity75,900 GBP84,600 GBP33,300-123,000 GBP
SalisburyCity75,800 GBP84,900 GBP36,600-124,500 GBP
WellsCity75,100 GBP81,300 GBP34,300-123,000 GBP
StrontianCity74,500 GBP78,700 GBP33,500-115,600 GBP

Financial Quantitative Analyst in United Kingdom: FAQs

  • How much does a financial quantitative analyst make per month in United Kingdom?

    A financial quantitative analyst in United Kingdom earns about 7,141 GBP a month before tax, based on an annual average of 85,700 GBP.

  • What's the salary range for a financial quantitative analyst in United Kingdom?

    Entry-level financial quantitative analysts in United Kingdom start near 41,300 GBP. Top-end pay reaches around 139,100 GBP. The middle 50% of earners sit between 62,100 and 123,800 GBP.

  • Is the median financial quantitative analyst salary in United Kingdom higher or lower than the average?

    The median is 95,000 GBP, higher than the average of 85,700 GBP. Half of financial quantitative analysts in United Kingdom earn below the median, half earn above it.

  • What's the gender pay gap for financial quantitative analysts in United Kingdom?

    Men working as a financial quantitative analyst in United Kingdom earn around 5% more than women on average (87,900 vs 83,700 GBP a year).

  • Do financial quantitative analysts in United Kingdom get bonuses?

    About 62% of financial quantitative analysts in United Kingdom reported a bonus in the past 12 months. Reported bonuses ranged from 2% to 7% of base salary.

  • Do financial quantitative analysts earn more in the public or private sector in United Kingdom?

    In United Kingdom, the public sector pays a financial quantitative analyst about 7% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do financial quantitative analysts in United Kingdom get a pay raise?

    A financial quantitative analyst in United Kingdom sees a raise of around 12% every 15 months, equivalent to roughly 10% a year.