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 9 February 2016 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
9 Feb 2016
Same period 2015 Same period 2014
Solvency II
Rank 118 151 192
Rank change year-on-year
+33 +41
Contract jobs citing Solvency II 32 41 13
As % of all contract IT jobs located in the City of London 1.02% 0.80% 0.22%
As % of the Quality Assurance & Compliance category 9.76% 8.97% 2.14%
Number of daily rates quoted 27 25 13
Average daily rate £513 £513 £525
Average daily rate % change year-on-year
- -2.38%
90% offered a daily rate of more than £400 £385 £500
10% offered a daily rate of more than £610 £650 £590
UK excluding London average daily rate £500 £500 £475
% change year-on-year
- +5.20%
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
328 457 608
As % of all contract IT jobs located in the City of London 10.42% 8.92% 10.22%
Number of daily rates quoted 235 335 435
Average daily rate £500 £450 £450
Average daily rate % change year-on-year
+11.11% -
90% offered a daily rate of more than £308 £250 £280
10% offered a daily rate of more than £625 £578 £600
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 6 2 3
Average hourly rate £26.75 £30.13 £18.70
Average hourly rate % change year-on-year
-11.20% +61.09%
90% offered a hourly rate of more than £21.00 £19.23 £17.74
10% offered a hourly rate of more than £40.75 £41.03 £23.74
UK excluding London average hourly rate £42.25 £23.25 £17.00
% change year-on-year
+81.72% +36.76%

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 9 February 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 9 February 2016, 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 32 (51.61%) Finance
2 19 (30.65%) SQL
3 13 (20.97%) Migration
3 13 (20.97%) Data Analysis
4 12 (19.35%) Data Warehouse
5 11 (17.74%) ISEB
6 10 (16.13%) Business Analysis
7 9 (14.52%) Data Modelling
7 9 (14.52%) ETL
8 8 (12.90%) Advertising
9 7 (11.29%) Asset Management
9 7 (11.29%) SQL Server
10 6 (9.68%) GAP Analysis
10 6 (9.68%) SQL Server Integration Services
11 5 (8.06%) User Acceptance Testing
11 5 (8.06%) SQL Server Analysis Services
11 5 (8.06%) Investment Management
11 5 (8.06%) Data Quality
11 5 (8.06%) Data Migration
11 5 (8.06%) Analytical Skills
11 5 (8.06%) T-SQL
11 5 (8.06%) Business Intelligence
11 5 (8.06%) Project Management
12 4 (6.45%) Oracle
12 4 (6.45%) PRINCE2
12 4 (6.45%) Change Management
12 4 (6.45%) Stakeholder Management
12 4 (6.45%) UCITS
12 4 (6.45%) Data Extraction
12 4 (6.45%) Data Mapping

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

For the 6 months to 9 February 2016, 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.

Applications
1 2 (3.23%) MS Office
2 1 (1.61%) MS Excel
2 1 (1.61%) MS PowerPoint
2 1 (1.61%) MS Project
2 1 (1.61%) Spreadsheet
Business Applications
1 3 (4.84%) HFM
2 2 (3.23%) Markit EDM
3 1 (1.61%) PolarLake
Communications & Networking
1 1 (1.61%) IMAP
Database & Business Intelligence
1 12 (19.35%) Data Warehouse
2 7 (11.29%) SQL Server
3 6 (9.68%) SQL Server Integration Services
4 5 (8.06%) SQL Server Analysis Services
5 3 (4.84%) SQL Server 2008
5 3 (4.84%) SQL Server Reporting Services
6 2 (3.23%) BusinessObjects
6 2 (3.23%) Hyperion Smart View
6 2 (3.23%) PowerCenter
6 2 (3.23%) SQL Server 2012
7 1 (1.61%) Microsoft Analysis Services
7 1 (1.61%) Microsoft Power View
7 1 (1.61%) MS Access
7 1 (1.61%) Power BI
7 1 (1.61%) PowerPivot
7 1 (1.61%) SAP Data Services
Development Applications
1 1 (1.61%) Eclipse
1 1 (1.61%) MSI
General
1 32 (51.61%) Finance
2 8 (12.90%) Advertising
3 2 (3.23%) Back Office
4 1 (1.61%) Financial Institution
Job Titles
1 42 (67.74%) Analyst
2 32 (51.61%) Business Analyst
3 20 (32.26%) Solvency II Business Analyst
4 11 (17.74%) Insurance Business Analyst
5 10 (16.13%) Developer
6 9 (14.52%) Data Analyst
7 8 (12.90%) Data Business Analyst
8 4 (6.45%) Project Manager
8 4 (6.45%) Report Analyst
8 4 (6.45%) SQL Analyst
8 4 (6.45%) SQL Data Analyst
9 3 (4.84%) Asset Management Analyst
9 3 (4.84%) Asset Management Business Analyst
9 3 (4.84%) Solvency II Project Manager
9 3 (4.84%) SQL Developer
10 2 (3.23%) Business Intelligence Analyst
10 2 (3.23%) Business Intelligence Developer
10 2 (3.23%) Investment Management Business Analyst
10 2 (3.23%) Project Analyst
10 2 (3.23%) SQL BI Developer
Libraries, Frameworks & Software Standards
1 3 (4.84%) MDX
2 2 (3.23%) XML
3 1 (1.61%) .NET
Miscellaneous
1 5 (8.06%) Analytical Skills
2 4 (6.45%) Data Extraction
3 3 (4.84%) Derivative
3 3 (4.84%) Reinsurance
4 2 (3.23%) Data Integration
4 2 (3.23%) Equities
5 1 (1.61%) Computer Science
5 1 (1.61%) Data Structures
5 1 (1.61%) Fixed Income
Operating Systems
1 2 (3.23%) Unix
Processes & Methodologies
1 13 (20.97%) Data Analysis
1 13 (20.97%) Migration
2 10 (16.13%) Business Analysis
3 9 (14.52%) Data Modelling
3 9 (14.52%) ETL
4 7 (11.29%) Asset Management
5 6 (9.68%) GAP Analysis
6 5 (8.06%) Business Intelligence
6 5 (8.06%) Data Migration
6 5 (8.06%) Investment Management
6 5 (8.06%) Project Management
6 5 (8.06%) User Acceptance Testing
7 4 (6.45%) Change Management
7 4 (6.45%) Data Mapping
7 4 (6.45%) PRINCE2
7 4 (6.45%) Stakeholder Management
8 3 (4.84%) Fund Accounting
8 3 (4.84%) Product Management
8 3 (4.84%) Test Scripting
8 3 (4.84%) Workflow
Programming Languages
1 19 (30.65%) SQL
2 5 (8.06%) T-SQL
3 2 (3.23%) Shell Script
3 2 (3.23%) VB
3 2 (3.23%) VBA
4 1 (1.61%) VBScript
Qualifications
1 11 (17.74%) ISEB
2 3 (4.84%) ACCA
2 3 (4.84%) CIMA
2 3 (4.84%) ISEB Practitioner
3 2 (3.23%) Degree
Quality Assurance & Compliance
1 5 (8.06%) Data Quality
2 4 (6.45%) UCITS
3 2 (3.23%) AIFMD
3 2 (3.23%) EMIR
3 2 (3.23%) GAAP
3 2 (3.23%) MiFID
4 1 (1.61%) QA
Vendors
1 4 (6.45%) Oracle
2 2 (3.23%) Bloomberg
2 2 (3.23%) Informatica
2 2 (3.23%) Microsoft
3 1 (1.61%) FactSet
3 1 (1.61%) Reuters
3 1 (1.61%) SAP
3 1 (1.61%) SmartCo
3 1 (1.61%) Sun
City Of London
HFG
Rate: £450 - £500 per day
Posted: 8 days ago