Solvency II Contracts in the East of England
 
Demand Trend Daily Rate Trend Job Locations Related Skills

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 24 May 2013 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
24 May 2013		 Same period 2012 Same period 2011
Solvency II
Rank 113 127 120
Rank change year-on-year
+14 -7
Contract jobs citing Solvency II 1 5 7
As % of all contract IT jobs located in the East of England 0.047% 0.169% 0.265%
As % of the Quality Assurance & Compliance category 0.625% 2.924% 3.302%
Number of daily rates quoted 1 5 3
Average daily rate £460 £413 £500
Average daily rate % change year-on-year
+11.51% -17.50%
UK excluding London average daily rate £383 £439 £550
% change year-on-year
-12.77% -20.27%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Quality Assurance & Compliance
East of England
Contract IT job ads with a match in the
Quality Assurance & Compliance category		 160 171 212
As % of all contract IT jobs located in the East of England 7.480% 5.787% 8.018%
Number of daily rates quoted 85 83 83
Average daily rate £325 £375 £308
Average daily rate % change year-on-year
-13.33% +21.95%
90% offered a daily rate of more than £182 £165 £80
10% offered a daily rate of more than £462 £575 £490
UK excluding London average daily rate £350 £350 £375
% change year-on-year
- -6.66%
Number of hourly rates quoted 7 14 28
Average hourly rate £15.00 £15.50 £32.50
Average hourly rate % change year-on-year
-3.22% -52.30%
90% offered a hourly rate of more than £11.00 £12.00 £12.50
10% offered a hourly rate of more than £54.50 £36.90 £38.90
UK excluding London average hourly rate £17.75 £16.35 £30.50
% change year-on-year
+8.56% -46.39%
Solvency II
England

Solvency II
Jobs Demand Trend

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.

East of England Solvency II Jobs Demand Trend

Solvency II
Daily Rate Trend

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.

East of England Solvency II Daily Rate Trend

Solvency II
Contract Locations

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 May 2013. 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
(Click each for more statistics)		 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
Suffolk - 1 £460 -
Solvency II
England

Solvency II
Top 16 Related IT Skills

For the 6 months to 24 May 2013, 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 4 (57.14%) Finance
1 4 (57.14%) Data Warehouse
2 3 (42.86%) XBRL
3 2 (28.57%) ETL
3 2 (28.57%) SQL
3 2 (28.57%) SQL Server
3 2 (28.57%) Data Analysis
4 1 (14.29%) Resource Management
4 1 (14.29%) User Acceptance Testing
4 1 (14.29%) Test Scripting
4 1 (14.29%) Data Migration
4 1 (14.29%) V-Model
4 1 (14.29%) Migration
4 1 (14.29%) Bugzilla
4 1 (14.29%) GAP Analysis
4 1 (14.29%) ISEB

Solvency II
Top Related IT Skills by Category

For the 6 months to 24 May 2013, 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.

Application Development
1 3 (42.86%) XBRL
Database & Business Intelligence
1 4 (57.14%) Data Warehouse
2 2 (28.57%) SQL Server
Development Applications
1 1 (14.29%) Bugzilla
General
1 4 (57.14%) Finance
Job Titles
1 7 (100.00%) Analyst
2 5 (71.43%) Business Analyst
3 2 (28.57%) Test Analyst
3 2 (28.57%) Solvency II Business Analyst
4 1 (14.29%) Insurance Business Analyst
Processes & Methodologies
1 2 (28.57%) ETL
1 2 (28.57%) Data Analysis
2 1 (14.29%) Resource Management
2 1 (14.29%) User Acceptance Testing
2 1 (14.29%) Test Scripting
2 1 (14.29%) Data Migration
2 1 (14.29%) V-Model
2 1 (14.29%) Migration
2 1 (14.29%) GAP Analysis
Programming Languages
1 2 (28.57%) SQL
Qualifications
1 1 (14.29%) ISEB
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