The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Birmingham region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 2 September 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
2 Sep 2015
Same period 2014 Same period 2013
Solvency II
Rank 58 - -
Rank change year-on-year
- 0
Contract jobs citing Solvency II 1 0 0
As % of all contract IT jobs located in Birmingham 0.13% - -
As % of the Quality Assurance & Compliance category 2.33% - -
Number of daily rates quoted 1 0 0
Average daily rate
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£500 - -
UK excluding London average daily rate £528 £450 £445
% change year-on-year
+17.22% +1.12%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Solvency II
West Midlands

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the Birmingham region.

Quality Assurance & Compliance Category
Birmingham
Contract IT job ads with a match in the
Quality Assurance & Compliance category
43 74 33
As % of all contract IT jobs located in Birmingham 5.79% 9.59% 4.90%
Number of daily rates quoted 25 34 23
Average daily rate £350 £313 £406
Average daily rate % change year-on-year
+12.00% -23.07%
90% offered a daily rate of more than £230 £150 £130
10% offered a daily rate of more than £558 £454 £535
UK excluding London average daily rate £400 £375 £360
% change year-on-year
+6.66% +4.16%
Number of hourly rates quoted 3 3 1
Average hourly rate £21.53 £13.87 £20.00
Average hourly rate % change year-on-year
+55.19% -30.65%
UK excluding London average hourly rate £21.64 £20.00 £17.50
% change year-on-year
+8.20% +14.28%

Solvency II
Jobs Demand Trend in Birmingham

This chart provides a 3-month moving total of IT contractor jobs citing Solvency II across the Birmingham region as a proportion of the total demand within the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in Birmingham

Solvency II
Daily Rate Trend in Birmingham

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Solvency II across the Birmingham region.

Solvency II Daily Rate Trend in Birmingham

Solvency II
Top 4 Related IT Skills in Birmingham

For the 6 months to 2 September 2015, IT contractor jobs across the Birmingham region citing Solvency II also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Solvency II.

1 1 (100.00%) Bloomberg
1 1 (100.00%) Validation
1 1 (100.00%) Derivative
1 1 (100.00%) Data Validation

Solvency II
Top Related IT Skills in Birmingham by Category

For the 6 months to 2 September 2015, IT contractor jobs across the Birmingham region citing Solvency II also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Solvency II. Up to 20 skills are shown per category.

Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Data Analyst
Miscellaneous
1 1 (100.00%) Derivative
Processes & Methodologies
1 1 (100.00%) Validation
1 1 (100.00%) Data Validation
Vendors
1 1 (100.00%) Bloomberg