The first table below looks at the demand for Solvency II skills in IT contracts advertised for the East Midlands region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 1 August 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the East Midlands region.

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
1 Aug 2014
Same period 2013 Same period 2012
Solvency II
Rank 88 - 81
Rank change year-on-year
- 0
Contract jobs citing Solvency II 1 0 4
As % of all contract IT jobs located in the East Midlands 0.069% - 0.28%
As % of the Quality Assurance & Compliance category 0.85% - 2.82%
Number of daily rates quoted 1 0 3
Average daily rate
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£425 - £420
UK excluding London average daily rate £450 £425 £425
% change year-on-year
+5.88% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
East Midlands
Contract IT job ads with a match in the
Quality Assurance & Compliance category
117 101 142
As % of all contract IT jobs located in the East Midlands 8.05% 6.93% 9.82%
Number of daily rates quoted 55 34 58
Average daily rate £350 £350 £355
Average daily rate % change year-on-year
- -1.40%
90% offered a daily rate of more than £225 £198 £234
10% offered a daily rate of more than £489 £460 £450
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 11 14 12
Average hourly rate £16.50 £35.50 £33.25
Average hourly rate % change year-on-year
-53.52% +6.76%
90% offered a hourly rate of more than £8.50 £9.64 £13.27
10% offered a hourly rate of more than £20.00 £50.26 £41.75
UK excluding London average hourly rate £20.10 £17.50 £20.00
% change year-on-year
+14.87% -12.50%
Solvency II
England

Solvency II
Jobs Demand Trend in the East Midlands

This chart provides a 3-month moving total of IT contractor jobs citing Solvency II across the East Midlands region as a proportion of the total demand within the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in the East Midlands

Solvency II
Daily Rate Trend in the East Midlands

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Solvency II across the East Midlands region.

Solvency II Daily Rate Trend in the East Midlands

Solvency II
Top 3 Related IT Skills in the East Midlands

For the 6 months to 1 August 2014, IT contractor jobs across the East Midlands 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 1 (100.00%) Project Management
1 1 (100.00%) Basel II
1 1 (100.00%) Banking

Solvency II
Top Related IT Skills in the East Midlands by Category

For the 6 months to 1 August 2014, IT contractor jobs across the East Midlands 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.

General
1 1 (100.00%) Banking
Job Titles
1 1 (100.00%) PMO Manager
Processes & Methodologies
1 1 (100.00%) Project Management
Quality Assurance & Compliance
1 1 (100.00%) Basel II