The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Bristol region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 8 February 2016 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
8 Feb 2016
Same period 2015 Same period 2014
Solvency II
Rank 71 66 66
Rank change year-on-year
-5 0
Contract jobs citing Solvency II 1 7 4
As % of all contract IT jobs located in Bristol 0.12% 0.81% 0.51%
As % of the Quality Assurance & Compliance category 0.98% 9.21% 7.41%
Number of daily rates quoted 1 7 4
Average daily rate £700 £440 £484
Average daily rate % change year-on-year
+59.09% -9.04%
UK excluding London average daily rate £500 £500 £475
% change year-on-year
- +5.20%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Solvency II
South West

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 Bristol region.

Quality Assurance & Compliance Category
Bristol
Contract IT job ads with a match in the
Quality Assurance & Compliance category
102 76 54
As % of all contract IT jobs located in Bristol 11.94% 8.77% 6.93%
Number of daily rates quoted 77 63 40
Average daily rate £350 £378 £325
Average daily rate % change year-on-year
-7.28% +16.15%
90% offered a daily rate of more than £170 £220 £242
10% offered a daily rate of more than £470 £525 £584
UK excluding London average daily rate £400 £385 £350
% change year-on-year
+3.89% +10.00%
Number of hourly rates quoted 7 0 0
Average hourly rate £50.00 - -
UK excluding London average hourly rate £42.00 £25.00 £17.15
% change year-on-year
+68.00% +45.77%

Solvency II
Jobs Demand Trend in Bristol

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

Solvency II Jobs Demand Trend in Bristol

Solvency II
Daily Rate Trend in Bristol

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

Solvency II Daily Rate Trend in Bristol

Solvency II
Top 20 Related IT Skills in Bristol

For the 6 months to 8 February 2016, IT contractor jobs across the Bristol 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 5 (100.00%) Finance
2 3 (60.00%) SQL
2 3 (60.00%) Data Warehouse
2 3 (60.00%) Asset Management
2 3 (60.00%) Business Analysis
3 2 (40.00%) Target Operating Model
4 1 (20.00%) Data Validation
4 1 (20.00%) Fund Accounting
4 1 (20.00%) CIMA
4 1 (20.00%) MS PowerPoint
4 1 (20.00%) CFA
4 1 (20.00%) Validation
4 1 (20.00%) Stakeholder Management
4 1 (20.00%) Programme Management
4 1 (20.00%) Banking
4 1 (20.00%) Data Modelling
4 1 (20.00%) Microsoft
4 1 (20.00%) ACCA
4 1 (20.00%) COM
4 1 (20.00%) MS Excel

Solvency II
Top Related IT Skills in Bristol by Category

For the 6 months to 8 February 2016, IT contractor jobs across the Bristol 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.

Applications
1 1 (20.00%) MS Excel
1 1 (20.00%) MS PowerPoint
Database & Business Intelligence
1 3 (60.00%) Data Warehouse
General
1 5 (100.00%) Finance
2 1 (20.00%) Banking
Job Titles
1 4 (80.00%) Business Analyst
2 3 (60.00%) Analyst
3 2 (40.00%) Lead Business Analyst
3 2 (40.00%) Solvency II Business Analyst
4 1 (20.00%) Programme Manager
4 1 (20.00%) Senior Analyst
4 1 (20.00%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 1 (20.00%) COM
Processes & Methodologies
1 3 (60.00%) Asset Management
1 3 (60.00%) Business Analysis
2 2 (40.00%) Target Operating Model
3 1 (20.00%) Data Modelling
3 1 (20.00%) Data Validation
3 1 (20.00%) Fund Accounting
3 1 (20.00%) Programme Management
3 1 (20.00%) Stakeholder Management
3 1 (20.00%) Validation
Programming Languages
1 3 (60.00%) SQL
Qualifications
1 1 (20.00%) ACCA
1 1 (20.00%) CFA
1 1 (20.00%) CIMA
Vendors
1 1 (20.00%) Microsoft