The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Cambridge region. Included is a guide to the contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 3 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
3 Dec 2016
Same period 2015 Same period 2014
Solvency II
Rank - 46 -
Contract jobs citing Solvency II 0 3 0
As % of all contract IT jobs located in Cambridge - 0.72% -
As % of the Quality Assurance & Compliance category - 10.00% -
Number of daily rates quoted 0 3 0
Median daily rate - £650 -
UK excluding London median daily rate £400 £650 £511
% change year-on-year
-38.46% +27.13%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Solvency II
Cambridgeshire

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 Cambridge region.

Quality Assurance & Compliance Category
Cambridge
Contract IT job ads with a match in the
Quality Assurance & Compliance category
16 30 39
As % of all contract IT jobs located in Cambridge 5.54% 7.18% 11.85%
Number of daily rates quoted 8 17 30
Median daily rate £300 £375 £380
Median daily rate % change year-on-year
-20.00% -1.31%
90% offered a daily rate of more than £221 £303 £169
10% offered a daily rate of more than £360 £650 £504
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 2 4 4
Median hourly rate £23.25 £42.50 £30.00
Median hourly rate % change year-on-year
-45.29% +41.66%
90% offered a hourly rate of more than £21.85 £21.54 £28.25
10% offered a hourly rate of more than £24.65 £50.00 £51.00
UK excluding London median hourly rate £22.50 £25.00 £22.50
% change year-on-year
-10.00% +11.11%

Solvency II
Jobs Demand Trend in Cambridge

The demand trend of contract jobs across the Cambridge 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 Cambridge

Solvency II
Daily Rate Trend in Cambridge

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

Solvency II Daily Rate Trend in Cambridge