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 19 December 2014 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
19 Dec 2014
Same period 2013 Same period 2012
Solvency II
Rank 177 201 180
Rank change year-on-year
+24 -21
Contract jobs citing Solvency II 23 7 20
As % of all contract IT jobs located in the City of London 0.41% 0.10% 0.33%
As % of the Quality Assurance & Compliance category 5.36% 1.24% 3.92%
Number of daily rates quoted 15 7 12
Average daily rate
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£513 £525 £475
Average daily rate % change year-on-year
-2.38% +10.52%
90% offered a daily rate of more than £400 £500 £421
10% offered a daily rate of more than £640 £600 £668
UK excluding London average daily rate £518 £457 £390
% change year-on-year
+13.36% +17.05%
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
429 566 510
As % of all contract IT jobs located in the City of London 7.60% 8.33% 8.32%
Number of daily rates quoted 330 428 388
Average daily rate £450 £475 £460
Average daily rate % change year-on-year
-5.26% +3.26%
90% offered a daily rate of more than £250 £298 £300
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £368 £350 £350
% change year-on-year
+5.00% -
Number of hourly rates quoted 5 3 12
Average hourly rate £17.50 £44.16 £36.75
Average hourly rate % change year-on-year
-60.36% +20.15%
90% offered a hourly rate of more than £14.63 £22.55 £17.55
10% offered a hourly rate of more than £43.25 £52.82 £121.65
UK excluding London average hourly rate £18.75 £18.55 £20.00
% change year-on-year
+1.07% -7.25%

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 19 December 2014.

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 19 December 2014, 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 20 (52.63%) Finance
2 7 (18.42%) Advertising
2 7 (18.42%) Change Management
3 6 (15.79%) Analytical Skills
4 5 (13.16%) IMAP
4 5 (13.16%) Project Management
5 4 (10.53%) SQL
5 4 (10.53%) Business Analysis
5 4 (10.53%) Risk Management
5 4 (10.53%) Stakeholder Management
6 3 (7.89%) User Acceptance Testing
6 3 (7.89%) GAP Analysis
7 2 (5.26%) CODA-Financials
7 2 (5.26%) Basel II
7 2 (5.26%) CODA
7 2 (5.26%) Oracle
7 2 (5.26%) Cognos
7 2 (5.26%) Data Warehouse
7 2 (5.26%) Business Intelligence
7 2 (5.26%) General Ledger
7 2 (5.26%) Data Mart
7 2 (5.26%) Degree
7 2 (5.26%) System Testing
7 2 (5.26%) Stakeholder Engagement
8 1 (2.63%) Waterfall
8 1 (2.63%) Basel III
8 1 (2.63%) People Management
8 1 (2.63%) Investment Management
8 1 (2.63%) Data Migration
8 1 (2.63%) Budget Control

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

For the 6 months to 19 December 2014, 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 1 (2.63%) SharePoint
Applications
1 1 (2.63%) S-PLUS
Business Applications
1 2 (5.26%) CODA-Financials
2 1 (2.63%) Cognos Business Intelligence
Communications & Networking
1 5 (13.16%) IMAP
Database & Business Intelligence
1 2 (5.26%) Data Warehouse
1 2 (5.26%) Data Mart
2 1 (2.63%) SQL Server Analysis Services
2 1 (2.63%) SQL Server 2012
2 1 (2.63%) SQL Server Integration Services
2 1 (2.63%) QlikView
2 1 (2.63%) SQL Server Reporting Services
2 1 (2.63%) Snowflake Schema
2 1 (2.63%) PowerCenter
2 1 (2.63%) SQL Server
General
1 20 (52.63%) Finance
2 7 (18.42%) Advertising
3 2 (5.26%) General Ledger
4 1 (2.63%) Retail
4 1 (2.63%) Back Office
4 1 (2.63%) Telecoms
Job Titles
1 21 (55.26%) Analyst
2 12 (31.58%) Business Analyst
3 9 (23.68%) Solvency II Business Analyst
4 8 (21.05%) Project Manager
5 4 (10.53%) Programme Manager
5 4 (10.53%) Developer
6 3 (7.89%) Solvency II Project Manager
6 3 (7.89%) Technical Author
6 3 (7.89%) Author
7 2 (5.26%) Consultant
7 2 (5.26%) Process Analyst
7 2 (5.26%) Analyst Developer
7 2 (5.26%) Developer Analyst
7 2 (5.26%) Insurance Business Analyst
8 1 (2.63%) Financial Analyst
8 1 (2.63%) Documentation Analyst
8 1 (2.63%) Documentation Specialist
8 1 (2.63%) Business Intelligence Analyst
8 1 (2.63%) Informatica Developer
8 1 (2.63%) Senior Programme Manager
Miscellaneous
1 6 (15.79%) Analytical Skills
2 1 (2.63%) Statistics
2 1 (2.63%) Mathematics
2 1 (2.63%) Physics
Operating Systems
1 1 (2.63%) UNIX
Processes & Methodologies
1 7 (18.42%) Change Management
2 5 (13.16%) Project Management
3 4 (10.53%) Business Analysis
3 4 (10.53%) Risk Management
3 4 (10.53%) Stakeholder Management
4 3 (7.89%) User Acceptance Testing
4 3 (7.89%) GAP Analysis
5 2 (5.26%) Business Intelligence
5 2 (5.26%) System Testing
5 2 (5.26%) Stakeholder Engagement
6 1 (2.63%) Waterfall
6 1 (2.63%) People Management
6 1 (2.63%) Investment Management
6 1 (2.63%) Data Migration
6 1 (2.63%) Budget Control
6 1 (2.63%) Integration Testing
6 1 (2.63%) Data Governance
6 1 (2.63%) Kimball Methodology
6 1 (2.63%) User Stories
6 1 (2.63%) Probability Theory
Programming Languages
1 4 (10.53%) SQL
2 1 (2.63%) R
2 1 (2.63%) Shell Script
Qualifications
1 2 (5.26%) Degree
2 1 (2.63%) Six Sigma Green Belt
2 1 (2.63%) Six Sigma Black Belt
2 1 (2.63%) PRINCE2 Certification
2 1 (2.63%) PhD
Quality Assurance & Compliance
1 2 (5.26%) Basel II
2 1 (2.63%) Basel III
Vendors
1 2 (5.26%) CODA
1 2 (5.26%) Oracle
1 2 (5.26%) Cognos
2 1 (2.63%) Netezza
2 1 (2.63%) IBM
2 1 (2.63%) Informatica
2 1 (2.63%) Business Objects
2 1 (2.63%) SAP
City, London
JM
Rate: £1 per day
Posted: 3 days ago
City of London
Ampersand Consulting
Rate: £500 - £600 per day
Posted: 6 days ago