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 21 April 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
21 Apr 2015
Same period 2014 Same period 2013
Solvency II
Rank 155 195 187
Rank change year-on-year
+40 -8
Contract jobs citing Solvency II 35 14 12
As % of all contract IT jobs located in the City of London 0.64% 0.22% 0.19%
As % of the Quality Assurance & Compliance category 8.22% 2.29% 2.17%
Number of daily rates quoted 26 6 6
Average daily rate
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of your Daily Rate
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£513 £525 £481
Average daily rate % change year-on-year
-2.38% +9.09%
90% offered a daily rate of more than £410 £438 £330
10% offered a daily rate of more than £638 £600 £550
UK excluding London average daily rate £500 £451 £398
% change year-on-year
+10.98% +13.33%
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
426 611 552
As % of all contract IT jobs located in the City of London 7.79% 9.49% 8.86%
Number of daily rates quoted 303 421 410
Average daily rate £475 £450 £460
Average daily rate % change year-on-year
+5.55% -2.17%
90% offered a daily rate of more than £289 £290 £277
10% offered a daily rate of more than £600 £600 £608
UK excluding London average daily rate £378 £365 £330
% change year-on-year
+3.42% +10.60%
Number of hourly rates quoted 4 10 16
Average hourly rate £13.75 £17.50 £135.00
Average hourly rate % change year-on-year
-21.42% -87.03%
UK excluding London average hourly rate £22.50 £18.00 £15.50
% change year-on-year
+25.00% +16.12%

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 21 April 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 21 April 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 47 (70.15%) Finance
2 17 (25.37%) SQL
3 15 (22.39%) Data Warehouse
4 13 (19.40%) Advertising
5 12 (17.91%) Stakeholder Management
6 11 (16.42%) Business Intelligence
6 11 (16.42%) Cognos
7 10 (14.93%) Risk Management
8 9 (13.43%) GAP Analysis
8 9 (13.43%) Project Management
8 9 (13.43%) Change Management
8 9 (13.43%) ETL
8 9 (13.43%) Cognos TM1
9 8 (11.94%) User Acceptance Testing
9 8 (11.94%) Data Extraction
9 8 (11.94%) Analytical Skills
9 8 (11.94%) IBM
10 7 (10.45%) GAAP
10 7 (10.45%) PL/SQL
11 6 (8.96%) T-SQL
11 6 (8.96%) Sun
11 6 (8.96%) Data Modelling
11 6 (8.96%) Migration
12 5 (7.46%) SQL Server Reporting Services
12 5 (7.46%) Data Mart
12 5 (7.46%) General Ledger
12 5 (7.46%) SQL Server Integration Services
12 5 (7.46%) SQL Server Analysis Services
12 5 (7.46%) Data Migration
12 5 (7.46%) Cognos Business Intelligence

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

For the 6 months to 21 April 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 (4.48%) SharePoint
Applications
1 5 (7.46%) MS Project
1 5 (7.46%) MS Office
2 2 (2.99%) MS Visio
3 1 (1.49%) MS Excel
Business Applications
1 9 (13.43%) Cognos TM1
2 5 (7.46%) Cognos Business Intelligence
3 3 (4.48%) Oracle General Ledger
Communications & Networking
1 2 (2.99%) IMAP
2 1 (1.49%) DHCP
2 1 (1.49%) FTP
Database & Business Intelligence
1 15 (22.39%) Data Warehouse
2 5 (7.46%) SQL Server
2 5 (7.46%) OLAP
2 5 (7.46%) SQL Server Reporting Services
2 5 (7.46%) Data Mart
2 5 (7.46%) SQL Server Integration Services
2 5 (7.46%) SQL Server Analysis Services
3 3 (4.48%) OLAP Cube
4 2 (2.99%) Relational Database
5 1 (1.49%) SQL Server 2008
5 1 (1.49%) SQL Server 2012
5 1 (1.49%) QlikView
5 1 (1.49%) Snowflake Schema
5 1 (1.49%) PowerCenter
General
1 47 (70.15%) Finance
2 13 (19.40%) Advertising
3 5 (7.46%) General Ledger
4 1 (1.49%) Retail
4 1 (1.49%) Back Office
4 1 (1.49%) Telecoms
Job Titles
1 34 (50.75%) Analyst
2 21 (31.34%) Business Analyst
3 17 (25.37%) Solvency II Business Analyst
4 14 (20.90%) Project Manager
5 10 (14.93%) Data Analyst
6 8 (11.94%) Test Analyst
7 7 (10.45%) Developer
8 6 (8.96%) Solvency II Project Manager
9 4 (5.97%) Data Business Analyst
9 4 (5.97%) Systems Analyst
9 4 (5.97%) Consultant
10 3 (4.48%) Business Intelligence Developer
10 3 (4.48%) Business Data Analyst
11 2 (2.99%) Insurance Business Analyst
11 2 (2.99%) TM1 Developer
11 2 (2.99%) Financial Analyst
11 2 (2.99%) Author
11 2 (2.99%) Programme Manager
11 2 (2.99%) Technical Author
12 1 (1.49%) Test Manager
Libraries, Frameworks & Software Standards
1 1 (1.49%) COM
1 1 (1.49%) XML
Miscellaneous
1 8 (11.94%) Data Extraction
1 8 (11.94%) Analytical Skills
Operating Systems
1 1 (1.49%) UNIX
1 1 (1.49%) Windows
Processes & Methodologies
1 12 (17.91%) Stakeholder Management
2 11 (16.42%) Business Intelligence
3 10 (14.93%) Risk Management
4 9 (13.43%) GAP Analysis
4 9 (13.43%) Project Management
4 9 (13.43%) Change Management
4 9 (13.43%) ETL
5 8 (11.94%) User Acceptance Testing
6 6 (8.96%) Migration
6 6 (8.96%) Data Modelling
7 5 (7.46%) Data Migration
8 4 (5.97%) Resource Management
8 4 (5.97%) Data Analysis
8 4 (5.97%) Business Analysis
8 4 (5.97%) Supplier Management
8 4 (5.97%) Project Governance
8 4 (5.97%) Dependency Management
9 2 (2.99%) Business Process Mapping
9 2 (2.99%) Line Management
9 2 (2.99%) Kimball Methodology
Programming Languages
1 17 (25.37%) SQL
2 7 (10.45%) PL/SQL
3 6 (8.96%) T-SQL
4 3 (4.48%) VBA
5 1 (1.49%) Shell Script
Qualifications
1 4 (5.97%) ISTQB
2 3 (4.48%) ISTQB Advanced Certification
3 1 (1.49%) ISEB
3 1 (1.49%) Degree
Quality Assurance & Compliance
1 7 (10.45%) GAAP
2 2 (2.99%) QA
2 2 (2.99%) Data Quality
3 1 (1.49%) AIFMD
System Software
1 1 (1.49%) Active Directory
Systems Management
1 1 (1.49%) HP Quality Center
Vendors
1 11 (16.42%) Cognos
2 8 (11.94%) IBM
3 6 (8.96%) Sun
4 4 (5.97%) Oracle
5 3 (4.48%) Microsoft
6 2 (2.99%) Business Objects
6 2 (2.99%) HP
7 1 (1.49%) Informatica
7 1 (1.49%) VMware
7 1 (1.49%) Netezza
7 1 (1.49%) SAP
City, London
McGregor Boyall
Rate: £800 - £1000 per day
Posted: Yesterday
City, London
Oliver James Associates
Rate: £300 - £400 per day
Posted: 4 days ago