The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Edinburgh region. Included is a guide to the contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 28 September 2016 with a comparison to the same period over 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.

3 months to
28 Sep 2016
Same period 2015 Same period 2014
Solvency II
Rank 76 90 73
Rank change year-on-year
+14 -17
Contract jobs citing Solvency II 2 2 4
As % of all contract IT jobs located in Edinburgh 0.19% 0.12% 0.34%
As % of the Quality Assurance & Compliance category 2.11% 1.11% 2.86%
Number of daily rates quoted 2 1 2
Median daily rate £700 £325 £450
Median daily rate % change year-on-year
+115.38% -27.77%
90% offered a daily rate of more than £520 £325 £390
10% offered a daily rate of more than £880 £325 £510
UK excluding London median daily rate £525 £625 £475
% change year-on-year
-16.00% +31.57%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Solvency II
Scotland

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 Edinburgh region.

Quality Assurance & Compliance Category
Edinburgh
Contract IT job ads with a match in the
Quality Assurance & Compliance category
95 180 140
As % of all contract IT jobs located in Edinburgh 9.22% 10.54% 11.86%
Number of daily rates quoted 43 91 84
Median daily rate £425 £380 £400
Median daily rate % change year-on-year
+11.84% -5.00%
90% offered a daily rate of more than £185 £220 £203
10% offered a daily rate of more than £475 £500 £513
UK excluding London median daily rate £400 £413 £375
% change year-on-year
-3.03% +10.00%
Number of hourly rates quoted 2 2 5
Median hourly rate £25.00 £32.43 £15.77
Median hourly rate % change year-on-year
-22.89% +105.61%
UK excluding London median hourly rate £30.00 £29.50 £20.00
% change year-on-year
+1.69% +47.50%

Solvency II
Jobs Demand Trend in Edinburgh

The demand trend of contract jobs across the Edinburgh region citing Solvency II as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in Edinburgh

Solvency II
Daily Rate Trend in Edinburgh

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

Solvency II Daily Rate Trend in Edinburgh

Solvency II
Daily Rate Histogram in Edinburgh

This chart provides a histogram of daily rates quoted in contract IT jobs citing Solvency II across the Edinburgh region over the 3 months to 28 September 2016.

Solvency II Daily Rate Histogram in Edinburgh

Solvency II
Top 2 Related IT Skills in Edinburgh

For the 6 months to 28 September 2016, IT contractor jobs citing Solvency II also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Edinburgh region with a requirement for Solvency II.

1 2 (100.00%) Validation
1 2 (100.00%) Stakeholder Management

Solvency II
Top Related IT Skills in Edinburgh by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Job Titles
1 2 (100.00%) Project Manager
2 1 (50.00%) Programme Manager
2 1 (50.00%) Senior Manager
2 1 (50.00%) Senior Programme Manager
2 1 (50.00%) Senior Project Manager
2 1 (50.00%) Solvency II Programme Manager
2 1 (50.00%) Solvency II Project Manager
Processes & Methodologies
1 2 (100.00%) Stakeholder Management
1 2 (100.00%) Validation