Solvency II Contracts in England

Solvency II
UK > England

The following table provides summary statistics for contract job vacancies advertised in England with a requirement for Solvency II skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Solvency II over the 6 months to 28 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
28 Apr 2024
Same period 2023 Same period 2022
Rank 531 624 746
Rank change year-on-year +93 +122 -132
Contract jobs citing Solvency II 7 31 38
As % of all contract jobs advertised in England 0.019% 0.061% 0.053%
As % of the Quality Assurance & Compliance category 0.13% 0.46% 0.41%
Number of daily rates quoted 4 14 33
10th Percentile £539 £429 £513
25th Percentile £578 £516 £600
Median daily rate (50th Percentile) £600 £600 £725
Median % change year-on-year - -17.24% +24.73%
75th Percentile - £650 £850
90th Percentile - £720 -
UK median daily rate £600 £600 £725
% change year-on-year - -17.24% +17.17%

All Quality Assurance and Compliance Skills
England

Solvency II is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 5,258 6,740 9,340
As % of all contract IT jobs advertised in England 14.22% 13.35% 13.14%
Number of daily rates quoted 3,343 4,585 6,397
10th Percentile £300 £276 £288
25th Percentile £408 £406 £406
Median daily rate (50th Percentile) £525 £525 £524
Median % change year-on-year - +0.19% +10.32%
75th Percentile £638 £650 £625
90th Percentile £750 £750 £725
UK median daily rate £510 £525 £513
% change year-on-year -2.86% +2.44% +7.89%
Number of hourly rates quoted 346 206 260
10th Percentile £10.95 £13.94 £11.75
25th Percentile £13.05 £19.50 £16.50
Median hourly rate £22.04 £41.50 £27.50
Median % change year-on-year -46.90% +50.91% +30.95%
75th Percentile £44.69 £63.75 £49.25
90th Percentile £67.38 £79.88 £68.75
UK median hourly rate £20.61 £37.50 £28.50
% change year-on-year -45.05% +31.58% +35.39%

Solvency II
Job Vacancy Trend in England

Job postings citing Solvency II as a proportion of all IT jobs advertised in England.

Job vacancy trend for Solvency II in England

Solvency II
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Solvency II in England.

Daily rate trend for Solvency II in England

Solvency II
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Solvency II within the England region over the 6 months to 28 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
London +85 6 £600 - 13
West Midlands +30 1 - -
Midlands +26 1 - -
Solvency II
UK

Solvency II
Co-occurring Skills and Capabilities in England by Category

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

Cloud Services
1 3 (42.86%) Azure
1 3 (42.86%) Azure DevOps
1 3 (42.86%) Snowflake
Database & Business Intelligence
1 5 (71.43%) Data Warehouse
2 2 (28.57%) SQL Server
2 2 (28.57%) SQL Server Analysis Services
2 2 (28.57%) SQL Server Integration Services
Development Applications
1 3 (42.86%) Eclipse
General
1 7 (100.00%) Finance
2 2 (28.57%) Analytical Skills
2 2 (28.57%) Social Skills
Job Titles
1 3 (42.86%) Data Modeller
2 2 (28.57%) Data Engineer
3 1 (14.29%) Analyst
3 1 (14.29%) Finance Manager
3 1 (14.29%) Finance Project Manager
3 1 (14.29%) Project Manager
3 1 (14.29%) Risk Analyst
3 1 (14.29%) Senior
3 1 (14.29%) Senior Analyst
3 1 (14.29%) Senior Risk Analyst
Miscellaneous
1 3 (42.86%) Reinsurance
Processes & Methodologies
1 5 (71.43%) Data Modelling
2 3 (42.86%) Analytics
2 3 (42.86%) Data Analysis
2 3 (42.86%) DevOps
2 3 (42.86%) Epics
2 3 (42.86%) User Stories
2 3 (42.86%) Waterfall
3 2 (28.57%) Business Intelligence
3 2 (28.57%) Conceptual Models
3 2 (28.57%) Data Engineering
3 2 (28.57%) Data Governance
3 2 (28.57%) ETL
4 1 (14.29%) Asset Management
4 1 (14.29%) Business Case
4 1 (14.29%) Decision-Making
4 1 (14.29%) Project Management
4 1 (14.29%) Risk Management
4 1 (14.29%) Scenario Testing
4 1 (14.29%) Stakeholder Identification
4 1 (14.29%) Stress Testing
Programming Languages
1 2 (28.57%) SQL
Quality Assurance & Compliance
1 6 (85.71%) IFRS
1 6 (85.71%) IFRS 17
2 2 (28.57%) Data Quality
Vendors
1 3 (42.86%) Guidewire