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Risk Manager - Insurance & Financial Risk - 12 Month FTC
Posted 1 week ago by Beazley Management Limited
GeneralJob Title: Risk Manager - Insurance & Financial Risk - 12 Month FTCDivision: Risk and ComplianceReports To: A...
- Rate Not specified
- Category Not specified
- Work type Hybrid
- Location City of London, England, United Kingdom
Risk Manager Contract Rates in Birmingham: Day Rate Quartiles and Demand
Live market telemetry, compensation quartiles, and IR35 compliance benchmarks across the UK contract sector.
Median Daily Rate
£700/day
in line with national baselines
Interquartile Range
£500/day – £900/day
Middle 50% market distribution
Contract Engagement Split
8% Outside IR35
50% Inside IR35 engagements
Market Conditions and Compensation Trajectory
Project procurement across Birmingham corporate accounts continues to generate active requirements for external Risk Manager contractors to accelerate strategic software deliverables. Driven by enterprise delivery demands within the municipality, typical day rates for Risk Manager contractors converge upon a median of £700/day, representing a 0.0% variance relative to national UK baselines. Quartiles run from £500/day to £900/day on 1 roles to November 2026. 8% of active roles are structured outside IR35 legislation. Figures summarise advertised pay on this hub to November 2026 and are market statistics, not a personal offer or guaranteed assignment rate.
Daily Rate Quartiles and Market Benchmarks
Values combine advertised day rates, stated IR35 outcomes, and sector labels from vacancies matching this hub. Quartiles use priced roles only.
| Metric | Value | What it shows |
|---|---|---|
| Median day rate | £700/day | Mid-market advertised pay for this hub |
| 25th percentile (P25) | £500/day | Lower-quartile priced vacancies |
| 75th percentile (P75) | £900/day | Upper-quartile priced vacancies |
| Outside IR35 share | 8% | Stated limited-company / outside SDS |
| Inside IR35 share | 50% | Stated PAYE / umbrella / inside SDS |
| Undetermined IR35 | 42% | Adverts that omit a published status |
| Leading sector | Project Management (50%) | Largest hiring cluster in the sample |
| Priced sample | 1 roles | Vacancies used for the rate corridor |
| Regional rate band | major-city rate parity | Location pricing context, not an SDS |
Statutory Standards and Frequently Asked Questions
Birmingham does not create a special IR35 code for Risk Manager work. The client SDS should name the Birmingham workplace and delivery model. An inside finding on a Birmingham Risk Manager brief typically deducts tax at source, while outside IR35 Risk Manager work in Birmingham is billed by a PSC. Local pay sits on major-city rate parity, so a higher Birmingham headline rate can still be inside. Commuting into Birmingham does not, by itself, prove substitution or lack of control. Read the Risk Manager Birmingham contract for workplace, hours, and equipment clauses.
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