The first table below looks at the demand for Solvency II skills in IT contracts advertised for the East of England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 29 July 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 of England 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
29 Jul 2014
Same period 2013 Same period 2012
Solvency II
Rank 130 116 138
Rank change year-on-year
-14 +22
Contract jobs citing Solvency II 15 2 5
As % of all contract IT jobs located in the East of England 0.49% 0.084% 0.16%
As % of the Quality Assurance & Compliance category 5.77% 1.15% 2.50%
Number of daily rates quoted 13 2 2
Average daily rate
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£438 £450 £425
Average daily rate % change year-on-year
-2.77% +5.88%
UK excluding London average daily rate £450 £423 £418
% change year-on-year
+6.50% +1.19%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
East of England
Contract IT job ads with a match in the
Quality Assurance & Compliance category
260 174 200
As % of all contract IT jobs located in the East of England 8.58% 7.27% 6.59%
Number of daily rates quoted 127 93 105
Average daily rate £355 £325 £350
Average daily rate % change year-on-year
+9.23% -7.14%
90% offered a daily rate of more than £225 £213 £184
10% offered a daily rate of more than £450 £425 £500
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 34 8 31
Average hourly rate £27.00 £20.00 £27.00
Average hourly rate % change year-on-year
+35.00% -25.92%
90% offered a hourly rate of more than £15.15 £14.97 £12.42
10% offered a hourly rate of more than £42.50 £51.50 £37.50
UK excluding London average hourly rate £20.50 £17.50 £19.00
% change year-on-year
+17.14% -7.89%
Solvency II
England

Solvency II
Jobs Demand Trend in the East of England

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

Solvency II Jobs Demand Trend in the East of England

Solvency II
Daily Rate Trend in the East of England

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

Solvency II Daily Rate Trend in the East of England

Solvency II
Contract Job Locations in the East of England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Solvency II within the East of England region over the 3 months to 29 July 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Hertfordshire - 4 £394 -
Solvency II
England

Solvency II
Top 19 Related IT Skills in the East of England

For the 6 months to 29 July 2014, IT contractor jobs across the East of England 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 14 (66.67%) Sun
2 6 (28.57%) Migration
3 5 (23.81%) GAP Analysis
3 5 (23.81%) Finance
3 5 (23.81%) Data Migration
4 4 (19.05%) Degree
5 3 (14.29%) Business Analysis
5 3 (14.29%) MS Visio
6 2 (9.52%) Microsoft
6 2 (9.52%) User Acceptance Testing
7 1 (4.76%) Data Mapping
7 1 (4.76%) Use Case
7 1 (4.76%) SQL
7 1 (4.76%) UML
7 1 (4.76%) Data Warehouse
7 1 (4.76%) BPR
7 1 (4.76%) Project Management
7 1 (4.76%) Stakeholder Management
7 1 (4.76%) Change Management

Solvency II
Top Related IT Skills in the East of England by Category

For the 6 months to 29 July 2014, IT contractor jobs across the East of England 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.

Applications
1 3 (14.29%) MS Visio
Database & Business Intelligence
1 1 (4.76%) Data Warehouse
General
1 5 (23.81%) Finance
Job Titles
1 20 (95.24%) Analyst
2 19 (90.48%) Business Analyst
3 9 (42.86%) Solvency II Business Analyst
4 6 (28.57%) Insurance Business Analyst
5 3 (14.29%) Data Analyst
6 2 (9.52%) Business Data Analyst
7 1 (4.76%) Project Manager
Processes & Methodologies
1 6 (28.57%) Migration
2 5 (23.81%) GAP Analysis
2 5 (23.81%) Data Migration
3 3 (14.29%) Business Analysis
4 2 (9.52%) User Acceptance Testing
5 1 (4.76%) Data Mapping
5 1 (4.76%) Use Case
5 1 (4.76%) Stakeholder Management
5 1 (4.76%) UML
5 1 (4.76%) BPR
5 1 (4.76%) Project Management
5 1 (4.76%) Change Management
Programming Languages
1 1 (4.76%) SQL
Qualifications
1 4 (19.05%) Degree
Vendors
1 14 (66.67%) Sun
2 2 (9.52%) Microsoft