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 average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 3 July 2015 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
3 Jul 2015
Same period 2014 Same period 2013
Solvency II
Rank 80 84 61
Rank change year-on-year
+4 -23
Contract jobs citing Solvency II 4 2 1
As % of all contract IT jobs located in Edinburgh 0.27% 0.16% 0.10%
As % of the Quality Assurance & Compliance category 3.51% 2.50% 2.17%
Number of daily rates quoted 1 2 1
Average daily rate
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£325 £525 £500
Average daily rate % change year-on-year
-38.09% +5.00%
UK excluding London average daily rate £465 £450 £415
% change year-on-year
+3.33% +8.43%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
114 80 46
As % of all contract IT jobs located in Edinburgh 7.71% 6.28% 4.78%
Number of daily rates quoted 62 46 24
Average daily rate £388 £425 £350
Average daily rate % change year-on-year
-8.82% +21.42%
90% offered a daily rate of more than £285 £250 £270
10% offered a daily rate of more than £500 £605 £500
UK excluding London average daily rate £375 £365 £350
% change year-on-year
+2.73% +4.28%
Number of hourly rates quoted 2 5 2
Average hourly rate £30.50 £21.00 £11.07
Average hourly rate % change year-on-year
+45.23% +89.74%
90% offered a hourly rate of more than £20.90 £21.00 £10.09
10% offered a hourly rate of more than £40.10 £32.00 £12.04
UK excluding London average hourly rate £21.15 £20.50 £18.50
% change year-on-year
+3.14% +10.81%

Solvency II
Jobs Demand Trend in Edinburgh

This chart provides a 3-month moving total of IT contractor jobs citing Solvency II across the Edinburgh region as a proportion of the total demand within 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
Top 10 Related IT Skills in Edinburgh

For the 6 months to 3 July 2015, IT contractor jobs across the Edinburgh 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 (100.00%) Finance
2 3 (75.00%) Asset Management
2 3 (75.00%) Target Operating Model
3 1 (25.00%) SQL Server
3 1 (25.00%) ETL
3 1 (25.00%) Business Intelligence
3 1 (25.00%) SQL Server Reporting Services
3 1 (25.00%) SQL Server Integration Services
3 1 (25.00%) SQL Server Analysis Services
3 1 (25.00%) Tableau

Solvency II
Top Related IT Skills in Edinburgh by Category

For the 6 months to 3 July 2015, IT contractor jobs across the Edinburgh 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.

Database & Business Intelligence
1 1 (25.00%) SQL Server
1 1 (25.00%) SQL Server Reporting Services
1 1 (25.00%) SQL Server Integration Services
1 1 (25.00%) SQL Server Analysis Services
General
1 4 (100.00%) Finance
Job Titles
1 3 (75.00%) Analyst
2 2 (50.00%) Data Analyst
3 1 (25.00%) Business Intelligence Developer
3 1 (25.00%) Business Data Analyst
3 1 (25.00%) Solvency II Business Analyst
3 1 (25.00%) Test Analyst
3 1 (25.00%) Business Developer
3 1 (25.00%) Business Analyst
3 1 (25.00%) Developer
Processes & Methodologies
1 3 (75.00%) Asset Management
1 3 (75.00%) Target Operating Model
2 1 (25.00%) ETL
2 1 (25.00%) Business Intelligence
Vendors
1 1 (25.00%) Tableau