The table below looks at the statistics for Solvency II skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 3 July 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
3 Jul 2015
Same period 2014 Same period 2013
Solvency II
Rank 154 180 207
Rank change year-on-year
+26 +27
Contract jobs citing Solvency II 47 14 8
As % of all contract IT jobs located in the City of London 0.81% 0.24% 0.12%
As % of the Quality Assurance & Compliance category 9.51% 2.88% 1.30%
Number of daily rates quoted 33 8 5
Average daily rate
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of your Daily Rate
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£450 £513 £518
Average daily rate % change year-on-year
-12.19% -0.96%
90% offered a daily rate of more than £380 £410 £400
10% offered a daily rate of more than £900 £558 £600
UK excluding London average daily rate £465 £450 £415
% change year-on-year
+3.33% +8.43%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Solvency II
London

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 City of London region.

Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
494 486 615
As % of all contract IT jobs located in the City of London 8.47% 8.44% 8.86%
Number of daily rates quoted 374 354 468
Average daily rate £488 £475 £475
Average daily rate % change year-on-year
+2.63% -
90% offered a daily rate of more than £338 £300 £314
10% offered a daily rate of more than £650 £600 £625
UK excluding London average daily rate £375 £365 £350
% change year-on-year
+2.73% +4.28%
Number of hourly rates quoted 7 6 11
Average hourly rate £24.00 £22.50 £27.50
Average hourly rate % change year-on-year
+6.66% -18.18%
90% offered a hourly rate of more than £10.00 £12.13 £13.97
10% offered a hourly rate of more than £63.40 £42.36 £135.00
UK excluding London average hourly rate £21.15 £20.50 £18.50
% change year-on-year
+3.14% +10.81%

Solvency II
Jobs Demand Trend in the City of London

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

Solvency II Jobs Demand Trend in the City of London

Solvency II
Daily Rate Trend in the City of London

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

Solvency II Daily Rate Trend in the City of London

Solvency II
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Solvency II across the City of London region over the 3 months to 3 July 2015.

Solvency II Daily Rate Histogram in the City of London

Solvency II
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Solvency II across the City of London region.

Solvency II Hourly Rate Trend in the City of London

Solvency II
Top 30 Related IT Skills in the City of London

For the 6 months to 3 July 2015, IT contractor jobs across the City of London 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 50 (60.24%) Finance
2 31 (37.35%) SQL
3 25 (30.12%) Data Warehouse
4 24 (28.92%) Business Intelligence
5 22 (26.51%) ETL
6 19 (22.89%) Stakeholder Management
7 16 (19.28%) SQL Server
8 15 (18.07%) OLAP
9 14 (16.87%) Data Modelling
9 14 (16.87%) SQL Server Reporting Services
10 13 (15.66%) SQL Server Integration Services
10 13 (15.66%) Migration
10 13 (15.66%) Oracle
11 12 (14.46%) PL/SQL
11 12 (14.46%) SQL Server Analysis Services
12 11 (13.25%) Project Management
13 10 (12.05%) T-SQL
13 10 (12.05%) Data Mart
13 10 (12.05%) Analytical Skills
14 9 (10.84%) Relational Database
14 9 (10.84%) Cognos TM1
14 9 (10.84%) User Acceptance Testing
14 9 (10.84%) Data Migration
14 9 (10.84%) Cognos
15 7 (8.43%) OLAP Cube
15 7 (8.43%) Risk Management
15 7 (8.43%) GAAP
15 7 (8.43%) IBM
16 6 (7.23%) Sun
16 6 (7.23%) Data Extraction

Solvency II
Top Related IT Skills in the City of London by Category

For the 6 months to 3 July 2015, IT contractor jobs across the City of London 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.

Application Platforms
1 4 (4.82%) SharePoint
Applications
1 5 (6.02%) MS Project
1 5 (6.02%) MS Office
2 2 (2.41%) MS Visio
3 1 (1.20%) MS Excel
Business Applications
1 9 (10.84%) Cognos TM1
2 4 (4.82%) Cognos Business Intelligence
3 3 (3.61%) Oracle General Ledger
4 1 (1.20%) Markit EDM
4 1 (1.20%) Oracle Financials
Communications & Networking
1 1 (1.20%) DHCP
1 1 (1.20%) FTP
Database & Business Intelligence
1 25 (30.12%) Data Warehouse
2 16 (19.28%) SQL Server
3 15 (18.07%) OLAP
4 14 (16.87%) SQL Server Reporting Services
5 13 (15.66%) SQL Server Integration Services
6 12 (14.46%) SQL Server Analysis Services
7 10 (12.05%) Data Mart
8 9 (10.84%) Relational Database
9 7 (8.43%) OLAP Cube
10 3 (3.61%) Oracle Database
10 3 (3.61%) Oracle Reports
11 2 (2.41%) PowerCenter
12 1 (1.20%) SQL Server 2008
12 1 (1.20%) RDBMS
12 1 (1.20%) QlikView
Development Applications
1 3 (3.61%) Subversion
2 1 (1.20%) Visual Studio
General
1 50 (60.24%) Finance
2 5 (6.02%) Advertising
2 5 (6.02%) General Ledger
3 1 (1.20%) Retail
Job Titles
1 27 (32.53%) Analyst
2 26 (31.33%) Developer
3 14 (16.87%) Business Analyst
4 12 (14.46%) Project Manager
5 11 (13.25%) Business Intelligence Developer
6 9 (10.84%) Solvency II Business Analyst
7 8 (9.64%) Data Analyst
7 8 (9.64%) TM1 Developer
8 7 (8.43%) Test Analyst
9 6 (7.23%) SQL Developer
10 5 (6.02%) Solvency II Project Manager
11 3 (3.61%) PL/SQL Developer
11 3 (3.61%) Programme Manager
11 3 (3.61%) Data Warehouse Developer
11 3 (3.61%) Business Data Analyst
12 2 (2.41%) Insurance Business Analyst
12 2 (2.41%) Senior Business Intelligence Developer
12 2 (2.41%) Data Business Analyst
12 2 (2.41%) Systems Analyst
12 2 (2.41%) Consultant
Libraries, Frameworks & Software Standards
1 2 (2.41%) XML
2 1 (1.20%) MDX
2 1 (1.20%) .NET
2 1 (1.20%) ASP.NET
2 1 (1.20%) COM
Miscellaneous
1 10 (12.05%) Analytical Skills
2 6 (7.23%) Data Extraction
3 3 (3.61%) Data Integration
4 1 (1.20%) Fixed Income
4 1 (1.20%) Equities
4 1 (1.20%) Derivative
4 1 (1.20%) Mathematics
Operating Systems
1 5 (6.02%) UNIX
2 1 (1.20%) Windows
Processes & Methodologies
1 24 (28.92%) Business Intelligence
2 22 (26.51%) ETL
3 19 (22.89%) Stakeholder Management
4 14 (16.87%) Data Modelling
5 13 (15.66%) Migration
6 11 (13.25%) Project Management
7 9 (10.84%) User Acceptance Testing
7 9 (10.84%) Data Migration
8 7 (8.43%) Risk Management
9 6 (7.23%) ETL Development
10 5 (6.02%) Performance Tuning
10 5 (6.02%) Data Analysis
11 4 (4.82%) Supplier Management
11 4 (4.82%) Resource Management
11 4 (4.82%) Project Governance
11 4 (4.82%) GAP Analysis
11 4 (4.82%) Change Management
11 4 (4.82%) Dependency Management
12 3 (3.61%) PRINCE2
12 3 (3.61%) Programme Management
Programming Languages
1 31 (37.35%) SQL
2 12 (14.46%) PL/SQL
3 10 (12.05%) T-SQL
4 5 (6.02%) VBA
4 5 (6.02%) Shell Script
5 1 (1.20%) VB.NET
5 1 (1.20%) C#
Qualifications
1 4 (4.82%) ISTQB
1 4 (4.82%) Degree
2 3 (3.61%) ISTQB Advanced Certification
3 1 (1.20%) ISEB
Quality Assurance & Compliance
1 7 (8.43%) GAAP
2 3 (3.61%) Data Quality
3 2 (2.41%) QA
4 1 (1.20%) AIFMD
System Software
1 1 (1.20%) Active Directory
Systems Management
1 1 (1.20%) HP Quality Center
Vendors
1 13 (15.66%) Oracle
2 9 (10.84%) Cognos
3 7 (8.43%) IBM
4 6 (7.23%) Sun
5 5 (6.02%) HP
6 4 (4.82%) Microsoft
7 3 (3.61%) Business Objects
7 3 (3.61%) Informatica
8 2 (2.41%) Guidewire
9 1 (1.20%) Bloomberg
9 1 (1.20%) VMware
City of London
Venturi
Rate: £375 - £425 per day
Posted: 11 days ago