The first table below looks at the demand 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 22 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 Edinburgh 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
22 Jul 2014
Same period 2013 Same period 2012
Solvency II
Rank - 64 54
Contract jobs citing Solvency II 0 1 6
As % of all contract IT jobs located in Edinburgh - 0.099% 0.59%
As % of the Quality Assurance & Compliance category - 1.96% 10.71%
Number of daily rates quoted 0 1 3
Average daily rate
Keep up to 90%
of your Daily Rate
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- £500 £363
Average daily rate % change year-on-year
- +37.93%
UK excluding London average daily rate £450 £400 £420
% change year-on-year
+12.50% -4.76%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
Edinburgh
Contract IT job ads with a match in the
Quality Assurance & Compliance category
92 51 56
As % of all contract IT jobs located in Edinburgh 7.28% 5.07% 5.48%
Number of daily rates quoted 48 24 26
Average daily rate £424 £350 £360
Average daily rate % change year-on-year
+21.14% -2.77%
90% offered a daily rate of more than £255 £247 £265
10% offered a daily rate of more than £595 £500 £436
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 4 1 4
Average hourly rate £21.00 £12.29 £12.42
Average hourly rate % change year-on-year
+70.94% -1.08%
UK excluding London average hourly rate £20.06 £17.50 £18.00
% change year-on-year
+14.64% -2.77%
Solvency II
Scotland

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 19 Related IT Skills in Edinburgh

For the 6 months to 22 July 2014, 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 5 (83.33%) Finance
2 3 (50.00%) Stakeholder Management
2 3 (50.00%) Sarbanes-Oxley
2 3 (50.00%) Basel II
2 3 (50.00%) MiFID
2 3 (50.00%) Investment Management
3 2 (33.33%) Data Governance
3 2 (33.33%) Banking
3 2 (33.33%) Business Analysis
4 1 (16.67%) Retail Banking
4 1 (16.67%) Retail
4 1 (16.67%) General Ledger
4 1 (16.67%) Legal
4 1 (16.67%) Change Management
4 1 (16.67%) Oracle
4 1 (16.67%) SQL Server
4 1 (16.67%) Project Management
4 1 (16.67%) Data Quality
4 1 (16.67%) User Acceptance Testing

Solvency II
Top Related IT Skills in Edinburgh by Category

For the 6 months to 22 July 2014, 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 (16.67%) SQL Server
General
1 5 (83.33%) Finance
2 2 (33.33%) Banking
3 1 (16.67%) Retail Banking
3 1 (16.67%) Retail
3 1 (16.67%) General Ledger
3 1 (16.67%) Legal
Job Titles
1 2 (33.33%) Programme Manager
1 2 (33.33%) Analyst
2 1 (16.67%) Data Analyst
2 1 (16.67%) Contracts Manager
2 1 (16.67%) Project Manager
2 1 (16.67%) Business Analyst
2 1 (16.67%) Solvency II Business Analyst
2 1 (16.67%) PMO Manager
Processes & Methodologies
1 3 (50.00%) Stakeholder Management
1 3 (50.00%) Investment Management
2 2 (33.33%) Data Governance
2 2 (33.33%) Business Analysis
3 1 (16.67%) Change Management
3 1 (16.67%) Project Management
3 1 (16.67%) User Acceptance Testing
Quality Assurance & Compliance
1 3 (50.00%) Sarbanes-Oxley
1 3 (50.00%) Basel II
1 3 (50.00%) MiFID
2 1 (16.67%) Data Quality
Vendors
1 1 (16.67%) Oracle