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 25 May 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
25 May 2016
Same period 2015 Same period 2014
Solvency II
Rank 120 160 193
Rank change year-on-year
+40 +33
Contract jobs citing Solvency II 34 40 11
As % of all contract IT jobs located in the City of London 1.03% 0.74% 0.18%
As % of the Quality Assurance & Compliance category 10.97% 7.87% 1.76%
Number of daily rates quoted 31 29 7
Median daily rate £540 £475 £525
Median daily rate % change year-on-year
+13.68% -9.52%
90% offered a daily rate of more than £450 £416 £405
10% offered a daily rate of more than £750 £740 £605
UK excluding London median daily rate £668 £478 £451
% change year-on-year
+39.79% +5.99%
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
310 508 624
As % of all contract IT jobs located in the City of London 9.36% 9.36% 10.42%
Number of daily rates quoted 241 395 455
Median daily rate £475 £475 £470
Median daily rate % change year-on-year
- +1.06%
90% offered a daily rate of more than £325 £323 £290
10% offered a daily rate of more than £625 £650 £625
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 0 5 6
Median hourly rate - £17.50 £16.25
Median hourly rate % change year-on-year
- +7.69%
UK excluding London median hourly rate £27.00 £24.00 £21.00
% change year-on-year
+12.50% +14.28%

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 25 May 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 25 May 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 30 (45.45%) Finance
2 15 (22.73%) Business Analysis
3 10 (15.15%) Migration
3 10 (15.15%) ETL
4 9 (13.64%) Data Modelling
4 9 (13.64%) ISEB
4 9 (13.64%) SQL
4 9 (13.64%) SQL Server
4 9 (13.64%) Data Analysis
4 9 (13.64%) Test Scripting
4 9 (13.64%) Data Migration
5 7 (10.61%) Data Warehouse
5 7 (10.61%) Data Quality
6 6 (9.09%) SQL Server Integration Services
6 6 (9.09%) Project Management
7 5 (7.58%) Stakeholder Management
7 5 (7.58%) SQL Server Analysis Services
8 4 (6.06%) Process Improvement
8 4 (6.06%) Analytical Skills
8 4 (6.06%) Reinsurance
8 4 (6.06%) ACCA
8 4 (6.06%) Business Intelligence
8 4 (6.06%) PRINCE2
8 4 (6.06%) CIMA
8 4 (6.06%) GAP Analysis
8 4 (6.06%) Programme Management
9 3 (4.55%) Advertising
9 3 (4.55%) Asset Management
9 3 (4.55%) T-SQL
9 3 (4.55%) GAAP

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:

Application Platforms
1 1 (1.52%) Confluence
Applications
1 1 (1.52%) MS Excel
1 1 (1.52%) MS Office
1 1 (1.52%) MS PowerPoint
1 1 (1.52%) MS Project
1 1 (1.52%) MS Visio
Business Applications
1 1 (1.52%) HFM
1 1 (1.52%) Markit EDM
Communications & Networking
1 1 (1.52%) IMAP
Database & Business Intelligence
1 9 (13.64%) SQL Server
2 7 (10.61%) Data Warehouse
3 6 (9.09%) SQL Server Integration Services
4 5 (7.58%) SQL Server Analysis Services
5 3 (4.55%) SQL Server Reporting Services
6 2 (3.03%) Microsoft Analysis Services
7 1 (1.52%) Oracle Database
7 1 (1.52%) Power BI
7 1 (1.52%) QlikView
7 1 (1.52%) SAP Data Services
Development Applications
1 1 (1.52%) Eclipse
1 1 (1.52%) ERwin
1 1 (1.52%) FitNesse
1 1 (1.52%) JIRA
1 1 (1.52%) MSI
General
1 30 (45.45%) Finance
2 3 (4.55%) Advertising
3 1 (1.52%) Back Office
3 1 (1.52%) Banking
3 1 (1.52%) Investment Banking
Job Titles
1 40 (60.61%) Analyst
2 27 (40.91%) Business Analyst
3 21 (31.82%) Solvency II Business Analyst
4 12 (18.18%) Insurance Business Analyst
5 10 (15.15%) Project Manager
6 8 (12.12%) Developer
7 6 (9.09%) Solvency II Project Manager
7 6 (9.09%) Test Analyst
8 5 (7.58%) Architect
8 5 (7.58%) Business Test Analyst
9 3 (4.55%) Business Intelligence Developer
9 3 (4.55%) Data Architect
9 3 (4.55%) Data Business Analyst
9 3 (4.55%) Data Warehouse Developer
9 3 (4.55%) SQL Developer
9 3 (4.55%) SSIS Developer
10 2 (3.03%) Analyst Developer
10 2 (3.03%) SQL Analyst
10 2 (3.03%) SSRS Analyst
10 2 (3.03%) SSRS Developer
Libraries, Frameworks & Software Standards
1 3 (4.55%) MDX
2 1 (1.52%) .NET
2 1 (1.52%) FpML
2 1 (1.52%) XML
Miscellaneous
1 4 (6.06%) Analytical Skills
1 4 (6.06%) Reinsurance
2 1 (1.52%) Computer Science
2 1 (1.52%) Data Extraction
2 1 (1.52%) Data Integration
2 1 (1.52%) Data Structures
2 1 (1.52%) Derivative
2 1 (1.52%) Visualisation
Processes & Methodologies
1 15 (22.73%) Business Analysis
2 10 (15.15%) ETL
2 10 (15.15%) Migration
3 9 (13.64%) Data Analysis
3 9 (13.64%) Data Migration
3 9 (13.64%) Data Modelling
3 9 (13.64%) Test Scripting
4 6 (9.09%) Project Management
5 5 (7.58%) Stakeholder Management
6 4 (6.06%) Business Intelligence
6 4 (6.06%) GAP Analysis
6 4 (6.06%) PRINCE2
6 4 (6.06%) Process Improvement
6 4 (6.06%) Programme Management
7 3 (4.55%) Asset Management
7 3 (4.55%) Data Architecture
7 3 (4.55%) SDLC
8 2 (3.03%) Agile Software Development
8 2 (3.03%) Scrum
8 2 (3.03%) Unit Testing
Programming Languages
1 9 (13.64%) SQL
2 3 (4.55%) T-SQL
3 2 (3.03%) Shell Script
4 1 (1.52%) VBA
Qualifications
1 9 (13.64%) ISEB
2 4 (6.06%) ACCA
2 4 (6.06%) CIMA
3 2 (3.03%) Degree
4 1 (1.52%) ISEB Practitioner
Quality Assurance & Compliance
1 7 (10.61%) Data Quality
2 3 (4.55%) GAAP
3 1 (1.52%) AIFMD
3 1 (1.52%) EMIR
3 1 (1.52%) MiFID
Systems Management
1 1 (1.52%) HP Quality Center
Vendors
1 2 (3.03%) Bloomberg
1 2 (3.03%) Microsoft
2 1 (1.52%) Cognos
2 1 (1.52%) FactSet
2 1 (1.52%) HP
2 1 (1.52%) Oracle
2 1 (1.52%) Reuters
2 1 (1.52%) SAP
2 1 (1.52%) Sun
2 1 (1.52%) Tableau
City, London
Red10
Rate: £500 - £525 per day
Posted: 2 days ago
City of London
Lawrence Harvey
Rate: £400.00 - £500.00 per day
Posted: 21 days ago