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 4 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
4 Dec 2016
Same period 2015 Same period 2014
Solvency II
Rank 150 126 191
Rank change year-on-year
-24 +65
Contract jobs citing Solvency II 14 32 22
As % of all contract IT jobs located in the City of London 0.44% 0.92% 0.38%
As % of the Quality Assurance & Compliance category 4.23% 9.33% 3.97%
Number of daily rates quoted 11 25 14
Median daily rate £425 £513 £469
Median daily rate % change year-on-year
-17.07% +9.33%
90% offered a daily rate of more than £388 £340 £414
10% offered a daily rate of more than £528 £550 £643
UK excluding London median daily rate £400 £650 £513
% change year-on-year
-38.46% +26.82%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
331 343 554
As % of all contract IT jobs located in the City of London 10.41% 9.89% 9.48%
Number of daily rates quoted 253 230 418
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £375 £309 £275
10% offered a daily rate of more than £650 £600 £625
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 3 8 8
Median hourly rate £46.50 £23.50 £17.00
Median hourly rate % change year-on-year
+97.87% +38.23%
90% offered a hourly rate of more than £22.90 £18.19 £11.45
10% offered a hourly rate of more than £139.30 £50.00 £42.88
UK excluding London median hourly rate £22.50 £25.00 £22.00
% change year-on-year
-10.00% +13.63%

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 4 December 2016.

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 4 December 2016, 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 22 (44.90%) SQL
2 18 (36.73%) Finance
3 11 (22.45%) Data Warehouse
3 11 (22.45%) Microsoft
4 10 (20.41%) SQL Server
5 9 (18.37%) MS Excel
5 9 (18.37%) Data Quality
6 8 (16.33%) Business Intelligence
6 8 (16.33%) Data Analysis
7 7 (14.29%) Agile Software Development
7 7 (14.29%) ETL
7 7 (14.29%) Analytical Skills
7 7 (14.29%) SQL Server Integration Services
8 6 (12.24%) SQL Server Reporting Services
9 5 (10.20%) Data Modelling
9 5 (10.20%) Data Mining
9 5 (10.20%) MS Office
9 5 (10.20%) MS PowerPoint
9 5 (10.20%) User Acceptance Testing
9 5 (10.20%) Data Governance
10 4 (8.16%) Reference Data
10 4 (8.16%) Data Extraction
10 4 (8.16%) Investment Management
10 4 (8.16%) T-SQL
10 4 (8.16%) VBA
10 4 (8.16%) Business Analysis
10 4 (8.16%) Data Management
11 3 (6.12%) Data Protection Act
11 3 (6.12%) Stakeholder Management
11 3 (6.12%) Data Protection

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:

Applications
1 9 (18.37%) MS Excel
2 5 (10.20%) MS Office
2 5 (10.20%) MS PowerPoint
Database & Business Intelligence
1 11 (22.45%) Data Warehouse
2 10 (20.41%) SQL Server
3 7 (14.29%) SQL Server Integration Services
4 6 (12.24%) SQL Server Reporting Services
5 5 (10.20%) Data Mining
6 2 (4.08%) MS Access
7 1 (2.04%) Enterprise Data Warehouse
7 1 (2.04%) SQL Server Analysis Services
Development Applications
1 1 (2.04%) Team Foundation Server
General
1 18 (36.73%) Finance
2 2 (4.08%) Legal
3 1 (2.04%) Advertising
3 1 (2.04%) Banking
Job Titles
1 24 (48.98%) Analyst
2 11 (22.45%) Business Analyst
3 8 (16.33%) Developer
4 7 (14.29%) Insurance Business Analyst
5 6 (12.24%) Data Analyst
6 5 (10.20%) Architect
7 4 (8.16%) Business Intelligence Analyst
7 4 (8.16%) Data Business Analyst
7 4 (8.16%) Solvency II Business Analyst
7 4 (8.16%) SSIS Developer
7 4 (8.16%) Test Analyst
8 3 (6.12%) Access Developer
8 3 (6.12%) Business Data Analyst
8 3 (6.12%) Business Intelligence Developer
8 3 (6.12%) Data Governance Specialist
8 3 (6.12%) Excel Developer
8 3 (6.12%) PMO Lead
8 3 (6.12%) SQL Developer
8 3 (6.12%) Technical Analyst
8 3 (6.12%) Test Leader
Libraries, Frameworks & Software Standards
1 1 (2.04%) .NET
Miscellaneous
1 7 (14.29%) Analytical Skills
2 4 (8.16%) Data Extraction
2 4 (8.16%) Reference Data
3 3 (6.12%) Data Protection Act
4 1 (2.04%) Credit Risk
4 1 (2.04%) Reinsurance
Processes & Methodologies
1 8 (16.33%) Business Intelligence
1 8 (16.33%) Data Analysis
2 7 (14.29%) Agile Software Development
2 7 (14.29%) ETL
3 5 (10.20%) Data Governance
3 5 (10.20%) Data Modelling
3 5 (10.20%) User Acceptance Testing
4 4 (8.16%) Business Analysis
4 4 (8.16%) Data Management
4 4 (8.16%) Investment Management
5 3 (6.12%) Data Protection
5 3 (6.12%) Process Improvement
5 3 (6.12%) Stakeholder Management
5 3 (6.12%) Test Planning
5 3 (6.12%) Waterfall
6 2 (4.08%) Analytics
6 2 (4.08%) Data Analytics
6 2 (4.08%) Data Architecture
6 2 (4.08%) SDLC
6 2 (4.08%) Target Operating Model
Programming Languages
1 22 (44.90%) SQL
2 4 (8.16%) T-SQL
2 4 (8.16%) VBA
3 2 (4.08%) Shell Script
4 1 (2.04%) C#
Quality Assurance & Compliance
1 9 (18.37%) Data Quality
2 1 (2.04%) QA
Vendors
1 11 (22.45%) Microsoft
2 3 (6.12%) Tableau
City, London
I3
Rate: £440 - £450 per annum
Posted: 2 days ago