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 contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 22 February 2017 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
22 Feb 2017
Same period 2016 Same period 2015
Solvency II
London / City of London
Rank 143 121 147
Rank change year-on-year
-22 +26
Contract jobs citing Solvency II 12 32 43
As % of all contract IT jobs located in the City of London 0.41% 1.00% 0.84%
As % of the Quality Assurance & Compliance category 3.40% 9.55% 9.17%
Number of daily rates quoted 12 27 26
Median daily rate £525 £538 £519
Median daily rate % change year-on-year
-2.32% +3.61%
90% offered a daily rate of more than £448 £440 £388
10% offered a daily rate of more than £595 £610 £650
UK excluding London median daily rate £650 £500 £500
% change year-on-year
+30.00% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
353 335 469
As % of all contract IT jobs located in the City of London 11.96% 10.49% 9.14%
Number of daily rates quoted 260 243 337
Median daily rate £500 £488 £438
Median daily rate % change year-on-year
+2.56% +11.42%
90% offered a daily rate of more than £348 £308 £250
10% offered a daily rate of more than £650 £625 £575
UK excluding London median daily rate £416 £400 £395
% change year-on-year
+4.00% +1.26%
Number of hourly rates quoted 3 6 1
Median hourly rate £14.00 £22.00 £16.50
Median hourly rate % change year-on-year
-36.36% +33.33%
UK excluding London median hourly rate £20.00 £44.00 £23.50
% change year-on-year
-54.54% +87.23%

Solvency II
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London 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 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 22 February 2017.

Solvency II Daily Rate Histogram in the City of London

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

For the 6 months to 22 February 2017, 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 City of London region with a requirement for Solvency II.

1 16 (50.00%) Finance
2 15 (46.88%) SQL
3 12 (37.50%) Data Warehouse
4 11 (34.38%) Data Modelling
5 10 (31.25%) SQL Server Reporting Services
5 10 (31.25%) SQL Server
5 10 (31.25%) Business Intelligence
6 9 (28.13%) Data Management
7 8 (25.00%) Data Quality
8 7 (21.88%) Data Governance
8 7 (21.88%) SQL Server Integration Services
8 7 (21.88%) ETL
8 7 (21.88%) Data Analysis
9 6 (18.75%) Microsoft
9 6 (18.75%) Data Extraction
9 6 (18.75%) Analytical Skills
10 5 (15.63%) SQL Server Analysis Services
10 5 (15.63%) Data Architecture
10 5 (15.63%) T-SQL
10 5 (15.63%) UML
10 5 (15.63%) Business Analysis
11 4 (12.50%) Agile Software Development
11 4 (12.50%) VBA
11 4 (12.50%) Reference Data
12 3 (9.38%) Data Structures
12 3 (9.38%) Data Protection
12 3 (9.38%) Investment Management
12 3 (9.38%) Dimensional Modelling
12 3 (9.38%) Data Protection Act
12 3 (9.38%) User Acceptance Testing

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

Application Platforms
1 3 (9.38%) SharePoint
2 2 (6.25%) Confluence
2 2 (6.25%) SAS
Applications
1 3 (9.38%) MS Visio
2 2 (6.25%) MS Excel
Business Applications
1 1 (3.13%) Dynamics AX
1 1 (3.13%) Dynamics CRM
Database & Business Intelligence
1 12 (37.50%) Data Warehouse
2 10 (31.25%) SQL Server
2 10 (31.25%) SQL Server Reporting Services
3 7 (21.88%) SQL Server Integration Services
4 5 (15.63%) SQL Server Analysis Services
5 2 (6.25%) Big Data
5 2 (6.25%) MS Access
5 2 (6.25%) SAS EBI
6 1 (3.13%) Hadoop
Development Applications
1 2 (6.25%) JIRA
1 2 (6.25%) Visual Studio
2 1 (3.13%) ERwin
2 1 (3.13%) Team Foundation Server
General
1 16 (50.00%) Finance
2 2 (6.25%) Banking
3 1 (3.13%) Advertising
Job Titles
1 13 (40.63%) Analyst
2 9 (28.13%) Business Analyst
3 7 (21.88%) Developer
4 5 (15.63%) Business Intelligence Analyst
4 5 (15.63%) Insurance Business Analyst
5 4 (12.50%) Architect
5 4 (12.50%) Business Intelligence Developer
5 4 (12.50%) Data Business Analyst
5 4 (12.50%) SQL Developer
6 3 (9.38%) Access Developer
6 3 (9.38%) Data Governance Specialist
6 3 (9.38%) Excel Developer
6 3 (9.38%) Solvency II Business Analyst
6 3 (9.38%) SQL BI Developer
6 3 (9.38%) Systems Analyst
7 2 (6.25%) Business Developer
7 2 (6.25%) Data Analyst
7 2 (6.25%) Data Architect
7 2 (6.25%) PMO Lead
7 2 (6.25%) Test Leader
Libraries, Frameworks & Software Standards
1 3 (9.38%) .NET
2 2 (6.25%) ASP.NET
3 1 (3.13%) FIX Protocol
3 1 (3.13%) FpML
3 1 (3.13%) XML
Miscellaneous
1 6 (18.75%) Analytical Skills
2 4 (12.50%) Reference Data
3 3 (9.38%) Data Protection Act
3 3 (9.38%) Data Structures
3 3 (9.38%) Management Information System
4 1 (3.13%) Derivative
4 1 (3.13%) Equities
4 1 (3.13%) Fixed Income
Processes & Methodologies
1 11 (34.38%) Data Modelling
2 10 (31.25%) Business Intelligence
3 9 (28.13%) Data Management
4 7 (21.88%) Data Analysis
4 7 (21.88%) Data Governance
4 7 (21.88%) ETL
5 6 (18.75%) Data Extraction
6 5 (15.63%) Business Analysis
6 5 (15.63%) Data Architecture
6 5 (15.63%) UML
7 4 (12.50%) Agile Software Development
8 3 (9.38%) Data Protection
8 3 (9.38%) Dimensional Modelling
8 3 (9.38%) Information Management
8 3 (9.38%) Investment Management
8 3 (9.38%) User Acceptance Testing
9 2 (6.25%) Data Mapping
9 2 (6.25%) Master Data Management
9 2 (6.25%) Process Improvement
9 2 (6.25%) Waterfall
Programming Languages
1 15 (46.88%) SQL
2 5 (15.63%) T-SQL
3 4 (12.50%) VBA
4 3 (9.38%) C#
5 2 (6.25%) PL/SQL
5 2 (6.25%) VB.NET
Qualifications
1 1 (3.13%) ISEB
1 1 (3.13%) ITIL Certification
Quality Assurance & Compliance
1 8 (25.00%) Data Quality
2 2 (6.25%) MiFID
3 1 (3.13%) ISO20022
3 1 (3.13%) Sarbanes-Oxley
Vendors
1 6 (18.75%) Microsoft
2 3 (9.38%) Tableau
3 1 (3.13%) Cloudera
3 1 (3.13%) Cognos
3 1 (3.13%) Informatica