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 2 March 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
2 Mar 2015
Same period 2014 Same period 2013
Solvency II
Rank 151 184 181
Rank change year-on-year
+33 -3
Contract jobs citing Solvency II 40 14 14
As % of all contract IT jobs located in the City of London 0.78% 0.24% 0.24%
As % of the Quality Assurance & Compliance category 10.08% 2.57% 3.00%
Number of daily rates quoted 27 10 6
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£513 £525 £481
Average daily rate % change year-on-year
-2.38% +9.09%
90% offered a daily rate of more than £390 £518 £375
10% offered a daily rate of more than £650 £555 £550
UK excluding London average daily rate £500 £451 £425
% change year-on-year
+10.98% +6.00%
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
397 545 467
As % of all contract IT jobs located in the City of London 7.73% 9.24% 8.16%
Number of daily rates quoted 281 363 327
Average daily rate £448 £475 £450
Average daily rate % change year-on-year
-5.78% +5.55%
90% offered a daily rate of more than £245 £300 £300
10% offered a daily rate of more than £580 £600 £600
UK excluding London average daily rate £380 £368 £330
% change year-on-year
+3.40% +11.36%
Number of hourly rates quoted 0 7 14
Average hourly rate - £17.50 £90.50
Average hourly rate % change year-on-year
- -80.66%
UK excluding London average hourly rate £19.00 £16.00 £20.00
% change year-on-year
+18.75% -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 2 March 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 2 March 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 39 (66.10%) Finance
2 12 (20.34%) Advertising
3 11 (18.64%) Analytical Skills
4 10 (16.95%) SQL
5 9 (15.25%) Project Management
5 9 (15.25%) Change Management
5 9 (15.25%) GAP Analysis
6 8 (13.56%) Cognos
6 8 (13.56%) Data Warehouse
7 7 (11.86%) Business Intelligence
8 6 (10.17%) Cognos TM1
8 6 (10.17%) User Acceptance Testing
8 6 (10.17%) Stakeholder Management
8 6 (10.17%) GAAP
8 6 (10.17%) PL/SQL
9 5 (8.47%) IBM
9 5 (8.47%) Risk Management
9 5 (8.47%) Data Extraction
10 4 (6.78%) Data Migration
10 4 (6.78%) Cognos Business Intelligence
10 4 (6.78%) General Ledger
10 4 (6.78%) Business Analysis
10 4 (6.78%) ISTQB
10 4 (6.78%) Migration
11 3 (5.08%) ETL
11 3 (5.08%) SharePoint
11 3 (5.08%) PRINCE2
11 3 (5.08%) MS Project
11 3 (5.08%) MS Office
11 3 (5.08%) ISTQB Advanced Certification

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

For the 6 months to 2 March 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 (5.08%) SharePoint
Applications
1 3 (5.08%) MS Project
1 3 (5.08%) MS Office
2 1 (1.69%) MS Excel
2 1 (1.69%) MS Visio
Business Applications
1 6 (10.17%) Cognos TM1
2 4 (6.78%) Cognos Business Intelligence
3 2 (3.39%) CODA-Financials
Communications & Networking
1 3 (5.08%) IMAP
Database & Business Intelligence
1 8 (13.56%) Data Warehouse
2 2 (3.39%) SQL Server Analysis Services
2 2 (3.39%) SQL Server Reporting Services
2 2 (3.39%) Data Mart
2 2 (3.39%) SQL Server Integration Services
2 2 (3.39%) SQL Server
3 1 (1.69%) QlikView
3 1 (1.69%) SQL Server 2008
3 1 (1.69%) SQL Server 2012
3 1 (1.69%) Snowflake Schema
3 1 (1.69%) PowerCenter
General
1 39 (66.10%) Finance
2 12 (20.34%) Advertising
3 4 (6.78%) General Ledger
4 1 (1.69%) Retail
4 1 (1.69%) Back Office
4 1 (1.69%) Telecoms
Job Titles
1 33 (55.93%) Analyst
2 18 (30.51%) Business Analyst
3 15 (25.42%) Project Manager
4 14 (23.73%) Solvency II Business Analyst
5 7 (11.86%) Solvency II Project Manager
5 7 (11.86%) Test Analyst
6 6 (10.17%) Data Analyst
7 4 (6.78%) Systems Analyst
7 4 (6.78%) Consultant
7 4 (6.78%) Data Business Analyst
7 4 (6.78%) Developer
8 2 (3.39%) Financial Analyst
8 2 (3.39%) Analyst Developer
8 2 (3.39%) Developer Analyst
8 2 (3.39%) Insurance Business Analyst
8 2 (3.39%) Author
8 2 (3.39%) Programme Manager
8 2 (3.39%) Technical Author
9 1 (1.69%) Architect
9 1 (1.69%) Test Manager
Libraries, Frameworks & Software Standards
1 1 (1.69%) COM
Miscellaneous
1 11 (18.64%) Analytical Skills
2 5 (8.47%) Data Extraction
Operating Systems
1 1 (1.69%) UNIX
Processes & Methodologies
1 9 (15.25%) Project Management
1 9 (15.25%) Change Management
1 9 (15.25%) GAP Analysis
2 7 (11.86%) Business Intelligence
3 6 (10.17%) Stakeholder Management
3 6 (10.17%) User Acceptance Testing
4 5 (8.47%) Risk Management
5 4 (6.78%) Migration
5 4 (6.78%) Business Analysis
5 4 (6.78%) Data Migration
6 3 (5.08%) Stakeholder Engagement
6 3 (5.08%) Programme Management
6 3 (5.08%) ETL
6 3 (5.08%) PRINCE2
7 2 (3.39%) Data Modelling
7 2 (3.39%) Agile Software Development
7 2 (3.39%) Data Management
7 2 (3.39%) Data Governance
7 2 (3.39%) Project Governance
7 2 (3.39%) Data Cleansing
Programming Languages
1 10 (16.95%) SQL
2 6 (10.17%) PL/SQL
3 1 (1.69%) Shell Script
Qualifications
1 4 (6.78%) ISTQB
2 3 (5.08%) Degree
2 3 (5.08%) ISTQB Advanced Certification
3 2 (3.39%) VCP4
4 1 (1.69%) ISEB
4 1 (1.69%) PRINCE2 Certification
Quality Assurance & Compliance
1 6 (10.17%) GAAP
2 2 (3.39%) QA
2 2 (3.39%) Data Quality
3 1 (1.69%) AIFMD
3 1 (1.69%) Basel III
3 1 (1.69%) Basel II
Systems Management
1 1 (1.69%) HP Quality Center
Vendors
1 8 (13.56%) Cognos
2 5 (8.47%) IBM
3 2 (3.39%) Oracle
3 2 (3.39%) Business Objects
3 2 (3.39%) Sun
3 2 (3.39%) CODA
4 1 (1.69%) Netezza
4 1 (1.69%) HP
4 1 (1.69%) Informatica
4 1 (1.69%) SAP
4 1 (1.69%) Microsoft
City, London
Oliver James Associates
Rate: £500 - £650 per day
Posted: 3 days ago
City, London
Oliver James Associates
Rate: £500 - £700 per day
Posted: 3 days ago
City, London
JM
Rate: £500 - £575 per day
Posted: 5 days ago
City, London
Aston Carter
Rate: £400 - £550 per day
Posted: 6 days ago
City of London
Ortolan Group
Rate: £550 - £600 per day
Posted: 11 days ago
City, London
Premier Media
Rate: £550 - £650 per day
Posted: 26 days ago