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 22 May 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
22 May 2015
Same period 2014 Same period 2013
Solvency II
Rank 155 190 204
Rank change year-on-year
+35 +14
Contract jobs citing Solvency II 37 11 6
As % of all contract IT jobs located in the City of London 0.68% 0.18% 0.093%
As % of the Quality Assurance & Compliance category 8.20% 1.97% 1.00%
Number of daily rates quoted 26 7 3
Average daily rate
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of your Daily Rate
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£483 £525 £518
Average daily rate % change year-on-year
-8.04% +1.44%
90% offered a daily rate of more than £410 £405 £368
10% offered a daily rate of more than £800 £605 £524
UK excluding London average daily rate £478 £451 £405
% change year-on-year
+5.99% +11.23%
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
451 557 602
As % of all contract IT jobs located in the City of London 8.31% 9.32% 9.36%
Number of daily rates quoted 345 410 456
Average daily rate £478 £475 £475
Average daily rate % change year-on-year
+0.68% -
90% offered a daily rate of more than £325 £290 £303
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 5 6 14
Average hourly rate £17.50 £16.25 £135.00
Average hourly rate % change year-on-year
+7.69% -87.96%
UK excluding London average hourly rate £21.53 £21.00 £17.50
% change year-on-year
+2.50% +20.00%

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 22 May 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 22 May 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 49 (62.82%) Finance
2 23 (29.49%) SQL
3 19 (24.36%) Data Warehouse
4 17 (21.79%) ETL
5 16 (20.51%) Stakeholder Management
6 14 (17.95%) Business Intelligence
7 12 (15.38%) OLAP
8 11 (14.10%) Cognos
9 10 (12.82%) Data Modelling
9 10 (12.82%) Advertising
10 9 (11.54%) Project Management
10 9 (11.54%) T-SQL
10 9 (11.54%) Cognos TM1
10 9 (11.54%) Risk Management
10 9 (11.54%) Migration
10 9 (11.54%) Data Mart
10 9 (11.54%) User Acceptance Testing
11 8 (10.26%) SQL Server Analysis Services
11 8 (10.26%) SQL Server Integration Services
11 8 (10.26%) SQL Server Reporting Services
11 8 (10.26%) Data Migration
11 8 (10.26%) Data Extraction
11 8 (10.26%) Analytical Skills
11 8 (10.26%) PL/SQL
11 8 (10.26%) SQL Server
11 8 (10.26%) IBM
11 8 (10.26%) GAP Analysis
12 7 (8.97%) GAAP
13 6 (7.69%) Change Management
13 6 (7.69%) Sun

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

For the 6 months to 22 May 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 3 (3.85%) SharePoint
Applications
1 5 (6.41%) MS Project
1 5 (6.41%) MS Office
2 2 (2.56%) MS Visio
3 1 (1.28%) MS Excel
Business Applications
1 9 (11.54%) Cognos TM1
2 5 (6.41%) Cognos Business Intelligence
3 3 (3.85%) Oracle General Ledger
4 1 (1.28%) Markit EDM
Communications & Networking
1 1 (1.28%) IMAP
1 1 (1.28%) DHCP
1 1 (1.28%) FTP
Database & Business Intelligence
1 19 (24.36%) Data Warehouse
2 12 (15.38%) OLAP
3 9 (11.54%) Data Mart
4 8 (10.26%) SQL Server Analysis Services
4 8 (10.26%) SQL Server Integration Services
4 8 (10.26%) SQL Server Reporting Services
4 8 (10.26%) SQL Server
5 6 (7.69%) OLAP Cube
5 6 (7.69%) Relational Database
6 2 (2.56%) PowerCenter
7 1 (1.28%) SQL Server 2012
7 1 (1.28%) SQL Server 2008
7 1 (1.28%) QlikView
7 1 (1.28%) Snowflake Schema
General
1 49 (62.82%) Finance
2 10 (12.82%) Advertising
3 5 (6.41%) General Ledger
Job Titles
1 33 (42.31%) Analyst
2 21 (26.92%) Business Analyst
3 15 (19.23%) Developer
3 15 (19.23%) Solvency II Business Analyst
4 13 (16.67%) Project Manager
5 10 (12.82%) Data Analyst
6 7 (8.97%) Test Analyst
7 6 (7.69%) TM1 Developer
7 6 (7.69%) Solvency II Project Manager
7 6 (7.69%) Business Intelligence Developer
8 4 (5.13%) Systems Analyst
8 4 (5.13%) Consultant
8 4 (5.13%) Data Business Analyst
9 3 (3.85%) Business Data Analyst
9 3 (3.85%) Insurance Business Analyst
9 3 (3.85%) Programme Manager
10 2 (2.56%) Informatica Developer
10 2 (2.56%) Financial Analyst
11 1 (1.28%) PMO Lead
11 1 (1.28%) Senior Business Intelligence Developer
Libraries, Frameworks & Software Standards
1 2 (2.56%) XML
2 1 (1.28%) COM
Miscellaneous
1 8 (10.26%) Data Extraction
1 8 (10.26%) Analytical Skills
2 1 (1.28%) Derivative
2 1 (1.28%) Fixed Income
2 1 (1.28%) Equities
Operating Systems
1 2 (2.56%) UNIX
2 1 (1.28%) Windows
Processes & Methodologies
1 17 (21.79%) ETL
2 16 (20.51%) Stakeholder Management
3 14 (17.95%) Business Intelligence
4 10 (12.82%) Data Modelling
5 9 (11.54%) Project Management
5 9 (11.54%) Risk Management
5 9 (11.54%) Migration
5 9 (11.54%) User Acceptance Testing
6 8 (10.26%) Data Migration
6 8 (10.26%) GAP Analysis
7 6 (7.69%) Change Management
8 5 (6.41%) Data Analysis
9 4 (5.13%) PRINCE2
9 4 (5.13%) Resource Management
9 4 (5.13%) Programme Management
9 4 (5.13%) Business Analysis
9 4 (5.13%) Supplier Management
9 4 (5.13%) Project Governance
9 4 (5.13%) Dependency Management
10 2 (2.56%) Data Management
Programming Languages
1 23 (29.49%) SQL
2 9 (11.54%) T-SQL
3 8 (10.26%) PL/SQL
4 3 (3.85%) VBA
5 2 (2.56%) Shell Script
Qualifications
1 4 (5.13%) ISTQB
2 3 (3.85%) ISTQB Advanced Certification
2 3 (3.85%) Degree
3 1 (1.28%) ISEB
Quality Assurance & Compliance
1 7 (8.97%) GAAP
2 3 (3.85%) Data Quality
3 2 (2.56%) QA
4 1 (1.28%) AIFMD
System Software
1 1 (1.28%) Active Directory
Systems Management
1 1 (1.28%) HP Quality Center
Vendors
1 11 (14.10%) Cognos
2 8 (10.26%) IBM
3 6 (7.69%) Sun
3 6 (7.69%) Oracle
4 3 (3.85%) Business Objects
4 3 (3.85%) Microsoft
5 2 (2.56%) HP
5 2 (2.56%) Informatica
5 2 (2.56%) Guidewire
6 1 (1.28%) Netezza
6 1 (1.28%) VMware
6 1 (1.28%) Bloomberg
6 1 (1.28%) SAP
City, London
Vadis People
Rate: circ £475 -£500 per day
Posted: 2 days ago