The table below looks at the statistics 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 24 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
24 Oct 2014
Same period 2013 Same period 2012
Solvency II
Rank - 123 135
Contract jobs citing Solvency II 0 6 9
As % of all contract IT jobs located in the East of England - 0.25% 0.30%
As % of the Quality Assurance & Compliance category - 3.51% 3.73%
Number of daily rates quoted 0 5 3
Average daily rate
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of your Daily Rate
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- £475 £425
Average daily rate % change year-on-year
- +11.76%
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 of England region.

Quality Assurance & Compliance Category
East of England
Contract IT job ads with a match in the
Quality Assurance & Compliance category
236 171 241
As % of all contract IT jobs located in the East of England 7.69% 7.07% 8.00%
Number of daily rates quoted 136 102 115
Average daily rate £375 £350 £375
Average daily rate % change year-on-year
+7.14% -6.66%
90% offered a daily rate of more than £200 £205 £105
10% offered a daily rate of more than £565 £463 £447
UK excluding London average daily rate £370 £350 £375
% change year-on-year
+5.71% -6.66%
Number of hourly rates quoted 22 4 26
Average hourly rate £27.50 £17.25 £17.75
Average hourly rate % change year-on-year
+59.42% -2.81%
90% offered a hourly rate of more than £12.24 £12.00 £10.00
10% offered a hourly rate of more than £47.50 £24.95 £40.00
UK excluding London average hourly rate £18.00 £17.50 £19.50
% change year-on-year
+2.85% -10.25%

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 24 October 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 - - - - 1
Norfolk - - - -
Solvency II
England

Solvency II
Top 20 Related IT Skills in the East of England

For the 6 months to 24 October 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 11 (64.71%) Sun
2 5 (29.41%) Migration
3 4 (23.53%) GAP Analysis
3 4 (23.53%) Data Migration
3 4 (23.53%) Degree
4 3 (17.65%) Analytical Skills
4 3 (17.65%) Finance
4 3 (17.65%) MS Visio
5 2 (11.76%) Microsoft
5 2 (11.76%) Business Analysis
6 1 (5.88%) Use Case
6 1 (5.88%) User Acceptance Testing
6 1 (5.88%) Data Mapping
6 1 (5.88%) SQL
6 1 (5.88%) UML
6 1 (5.88%) Data Warehouse
6 1 (5.88%) BPR
6 1 (5.88%) Project Management
6 1 (5.88%) Stakeholder Management
6 1 (5.88%) Change Management

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

For the 6 months to 24 October 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 (17.65%) MS Visio
Database & Business Intelligence
1 1 (5.88%) Data Warehouse
General
1 3 (17.65%) Finance
Job Titles
1 16 (94.12%) Analyst
2 15 (88.24%) Business Analyst
3 6 (35.29%) Insurance Business Analyst
3 6 (35.29%) Solvency II Business Analyst
4 3 (17.65%) Data Analyst
5 2 (11.76%) Business Data Analyst
6 1 (5.88%) Project Manager
Miscellaneous
1 3 (17.65%) Analytical Skills
Processes & Methodologies
1 5 (29.41%) Migration
2 4 (23.53%) Data Migration
2 4 (23.53%) GAP Analysis
3 2 (11.76%) Business Analysis
4 1 (5.88%) Use Case
4 1 (5.88%) User Acceptance Testing
4 1 (5.88%) Stakeholder Management
4 1 (5.88%) UML
4 1 (5.88%) BPR
4 1 (5.88%) Project Management
4 1 (5.88%) Change Management
4 1 (5.88%) Data Mapping
Programming Languages
1 1 (5.88%) SQL
Qualifications
1 4 (23.53%) Degree
Vendors
1 11 (64.71%) Sun
2 2 (11.76%) Microsoft