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 contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 7 December 2016 with a comparison to the same period over 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.

3 months to
7 Dec 2016
Same period 2015 Same period 2014
Solvency II
Rank 67 74 64
Rank change year-on-year
+7 -10
Contract jobs citing Solvency II 1 3 12
As % of all contract IT jobs located in Bristol 0.13% 0.36% 1.28%
As % of the Quality Assurance & Compliance category 1.64% 3.26% 14.46%
Number of daily rates quoted 1 3 10
Median daily rate £700 £475 £406
Median daily rate % change year-on-year
+47.36% +16.92%
UK excluding London median daily rate £463 £650 £510
% change year-on-year
-28.84% +27.45%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
61 92 83
As % of all contract IT jobs located in Bristol 8.11% 11.17% 8.89%
Number of daily rates quoted 41 75 64
Median daily rate £400 £350 £395
Median daily rate % change year-on-year
+14.28% -11.39%
90% offered a daily rate of more than £300 £170 £246
10% offered a daily rate of more than £470 £475 £545
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 4 3 2
Median hourly rate £18.50 £13.00 £32.00
Median hourly rate % change year-on-year
+42.30% -59.37%
90% offered a hourly rate of more than £8.50 £11.40 £19.60
10% offered a hourly rate of more than £71.00 £98.60 £44.40
UK excluding London median hourly rate £21.98 £27.50 £22.00
% change year-on-year
-20.09% +25.00%

Solvency II
Jobs Demand Trend in Bristol

The demand trend of contract jobs across the Bristol region citing Solvency II as a proportion of all IT contracts with a match in 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 4 Related IT Skills in Bristol

For the 6 months to 7 December 2016, IT contractor jobs citing Solvency II also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Bristol region with a requirement for Solvency II.

1 1 (100.00%) VBA
1 1 (100.00%) Finance
1 1 (100.00%) Stochastic Modelling
1 1 (100.00%) Analytical Skills

Solvency II
Top Related IT Skills in Bristol by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Actuary
Miscellaneous
1 1 (100.00%) Analytical Skills
Processes & Methodologies
1 1 (100.00%) Stochastic Modelling
Programming Languages
1 1 (100.00%) VBA