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 27 September 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
27 Sep 2016
Same period 2015 Same period 2014
Solvency II
Rank - 48 -
Contract jobs citing Solvency II 0 5 0
As % of all contract IT jobs located in Cambridge - 1.05% -
As % of the Quality Assurance & Compliance category - 13.51% -
Number of daily rates quoted 0 5 0
Median daily rate - £650 -
UK excluding London median daily rate £525 £625 £475
% change year-on-year
-16.00% +31.57%
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
13 37 53
As % of all contract IT jobs located in Cambridge 4.18% 7.74% 12.27%
Number of daily rates quoted 5 23 22
Median daily rate £413 £325 £363
Median daily rate % change year-on-year
+26.92% -10.34%
90% offered a daily rate of more than £400 £300 £165
10% offered a daily rate of more than £485 £650 £520
UK excluding London median daily rate £400 £413 £375
% change year-on-year
-3.03% +10.00%
Number of hourly rates quoted 2 5 21
Median hourly rate £10.00 £29.00 £27.50
Median hourly rate % change year-on-year
-65.51% +5.45%
90% offered a hourly rate of more than £9.60 £15.77 £21.00
10% offered a hourly rate of more than £10.40 £48.00 £38.55
UK excluding London median hourly rate £30.00 £30.00 £20.00
% change year-on-year
- +50.00%

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