The table below looks at the statistics 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 20 October 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
20 Oct 2014
Same period 2013 Same period 2012
Solvency II
Rank - - 92
Contract jobs citing Solvency II 0 0 2
As % of all contract IT jobs located in the East Midlands - - 0.13%
As % of the Quality Assurance & Compliance category - - 1.54%
Number of daily rates quoted 0 0 2
Average daily rate
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of your Daily Rate
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- - £375
UK excluding London average daily rate £500 £456 £425
% change year-on-year
+9.58% +7.35%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Solvency II
England

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 East Midlands region.

Quality Assurance & Compliance Category
East Midlands
Contract IT job ads with a match in the
Quality Assurance & Compliance category
104 113 130
As % of all contract IT jobs located in the East Midlands 6.44% 7.11% 8.14%
Number of daily rates quoted 61 50 31
Average daily rate £375 £300 £336
Average daily rate % change year-on-year
+25.00% -10.78%
90% offered a daily rate of more than £110 £75 £210
10% offered a daily rate of more than £475 £425 £438
UK excluding London average daily rate £375 £350 £375
% change year-on-year
+7.14% -6.66%
Number of hourly rates quoted 7 13 11
Average hourly rate £16.50 £26.50 £18.00
Average hourly rate % change year-on-year
-37.73% +47.22%
90% offered a hourly rate of more than £12.20 £12.63 £12.05
10% offered a hourly rate of more than £16.54 £42.86 £35.00
UK excluding London average hourly rate £20.00 £17.50 £19.00
% change year-on-year
+14.28% -7.89%

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 20 October 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 20 October 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