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 30 January 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
30 Jan 2015
Same period 2014 Same period 2013
Solvency II
Rank 158 195 183
Rank change year-on-year
+37 -12
Contract jobs citing Solvency II 38 13 9
As % of all contract IT jobs located in the City of London 0.75% 0.22% 0.16%
As % of the Quality Assurance & Compliance category 9.77% 2.45% 2.06%
Number of daily rates quoted 23 13 5
Average daily rate
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of your Daily Rate
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£525 £525 £488
Average daily rate % change year-on-year
- +7.69%
90% offered a daily rate of more than £405 £500 £442
10% offered a daily rate of more than £650 £590 £580
UK excluding London average daily rate £500 £476 £391
% change year-on-year
+5.15% +21.76%
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
389 530 436
As % of all contract IT jobs located in the City of London 7.66% 8.96% 7.74%
Number of daily rates quoted 285 397 312
Average daily rate £438 £475 £450
Average daily rate % change year-on-year
-7.89% +5.55%
90% offered a daily rate of more than £245 £300 £315
10% offered a daily rate of more than £579 £600 £600
UK excluding London average daily rate £380 £350 £330
% change year-on-year
+8.57% +6.06%
Number of hourly rates quoted 3 3 11
Average hourly rate £17.50 £18.70 £42.50
Average hourly rate % change year-on-year
-6.41% -56.00%
90% offered a hourly rate of more than £16.70 £17.74 £16.18
10% offered a hourly rate of more than £38.50 £23.74 £135.00
UK excluding London average hourly rate £19.00 £17.08 £23.00
% change year-on-year
+11.27% -25.76%

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 30 January 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 30 January 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 33 (63.46%) Finance
2 12 (23.08%) Advertising
3 9 (17.31%) Analytical Skills
3 9 (17.31%) Change Management
4 8 (15.38%) GAP Analysis
5 7 (13.46%) Cognos
6 6 (11.54%) SQL
6 6 (11.54%) Project Management
6 6 (11.54%) Risk Management
7 5 (9.62%) Data Extraction
7 5 (9.62%) IMAP
7 5 (9.62%) User Acceptance Testing
7 5 (9.62%) Cognos TM1
7 5 (9.62%) Stakeholder Management
7 5 (9.62%) IBM
7 5 (9.62%) Data Warehouse
8 4 (7.69%) PL/SQL
8 4 (7.69%) Business Intelligence
8 4 (7.69%) GAAP
8 4 (7.69%) Migration
8 4 (7.69%) Data Migration
9 3 (5.77%) Cognos Business Intelligence
9 3 (5.77%) Programme Management
9 3 (5.77%) Business Analysis
9 3 (5.77%) PRINCE2
10 2 (3.85%) MS Project
10 2 (3.85%) MS Office
10 2 (3.85%) Oracle
10 2 (3.85%) ETL
10 2 (3.85%) SharePoint

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

For the 6 months to 30 January 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 2 (3.85%) SharePoint
Applications
1 2 (3.85%) MS Project
1 2 (3.85%) MS Office
2 1 (1.92%) MS Visio
Business Applications
1 5 (9.62%) Cognos TM1
2 3 (5.77%) Cognos Business Intelligence
3 2 (3.85%) CODA-Financials
Communications & Networking
1 5 (9.62%) IMAP
Database & Business Intelligence
1 5 (9.62%) Data Warehouse
2 2 (3.85%) Data Mart
3 1 (1.92%) SQL Server 2012
3 1 (1.92%) SQL Server Analysis Services
3 1 (1.92%) QlikView
3 1 (1.92%) SQL Server Integration Services
3 1 (1.92%) SQL Server Reporting Services
3 1 (1.92%) PowerCenter
3 1 (1.92%) Snowflake Schema
3 1 (1.92%) SQL Server
General
1 33 (63.46%) Finance
2 12 (23.08%) Advertising
3 2 (3.85%) General Ledger
4 1 (1.92%) Telecoms
4 1 (1.92%) Back Office
4 1 (1.92%) Retail
Job Titles
1 29 (55.77%) Analyst
2 16 (30.77%) Business Analyst
3 13 (25.00%) Project Manager
4 12 (23.08%) Solvency II Business Analyst
5 6 (11.54%) Data Analyst
5 6 (11.54%) Solvency II Project Manager
6 5 (9.62%) Test Analyst
7 4 (7.69%) Systems Analyst
7 4 (7.69%) Consultant
7 4 (7.69%) Developer
7 4 (7.69%) Data Business Analyst
8 3 (5.77%) Author
8 3 (5.77%) Programme Manager
8 3 (5.77%) Technical Author
9 2 (3.85%) Analyst Developer
9 2 (3.85%) Developer Analyst
9 2 (3.85%) Process Analyst
10 1 (1.92%) Insurance Business Analyst
10 1 (1.92%) Data Quality Analyst
10 1 (1.92%) Documentation Analyst
Miscellaneous
1 9 (17.31%) Analytical Skills
2 5 (9.62%) Data Extraction
Operating Systems
1 1 (1.92%) UNIX
Processes & Methodologies
1 9 (17.31%) Change Management
2 8 (15.38%) GAP Analysis
3 6 (11.54%) Project Management
3 6 (11.54%) Risk Management
4 5 (9.62%) User Acceptance Testing
4 5 (9.62%) Stakeholder Management
5 4 (7.69%) Business Intelligence
5 4 (7.69%) Migration
5 4 (7.69%) Data Migration
6 3 (5.77%) Programme Management
6 3 (5.77%) Business Analysis
6 3 (5.77%) PRINCE2
7 2 (3.85%) ETL
7 2 (3.85%) Supplier Management
7 2 (3.85%) System Testing
7 2 (3.85%) Resource Management
7 2 (3.85%) Data Cleansing
7 2 (3.85%) Dependency Management
7 2 (3.85%) Stakeholder Engagement
7 2 (3.85%) Data Governance
Programming Languages
1 6 (11.54%) SQL
2 4 (7.69%) PL/SQL
3 1 (1.92%) Shell Script
Qualifications
1 2 (3.85%) Degree
1 2 (3.85%) ISTQB
1 2 (3.85%) ISTQB Advanced Certification
2 1 (1.92%) PRINCE2 Certification
Quality Assurance & Compliance
1 4 (7.69%) GAAP
2 1 (1.92%) Data Quality
2 1 (1.92%) Basel III
2 1 (1.92%) Basel II
Vendors
1 7 (13.46%) Cognos
2 5 (9.62%) IBM
3 2 (3.85%) Oracle
3 2 (3.85%) Sun
3 2 (3.85%) CODA
4 1 (1.92%) Netezza
4 1 (1.92%) Informatica
4 1 (1.92%) Business Objects
4 1 (1.92%) SAP
City, London
Oliver James Associates
Rate: £450 - £500 per annum
Posted: 2 days ago
City, London
Oliver James Associates
Rate: £450 - £500 per day
Posted: 2 days ago
City, London
Ampersand Consulting
Rate: £500 - £800 per day
Posted: 3 days ago