The first table below looks at the demand for Solvency II skills in IT contracts advertised for the 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 23 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 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
23 May 2013
Same period 2012 Same period 2011
Solvency II
Rank 475 355 194
Rank change year-on-year
-120 -161
Contract jobs citing Solvency II 43 216 533
As % of all contract IT jobs located in England 0.104% 0.404% 0.933%
As % of the Quality Assurance & Compliance category 1.466% 5.416% 13.00%
Number of daily rates quoted 31 115 360
Average daily rate £425 £475 £540
Average daily rate % change year-on-year
-10.52% -12.03%
90% offered a daily rate of more than £350 £363 £375
10% offered a daily rate of more than £525 £650 £800
UK excluding London average daily rate £400 £449 £550
% change year-on-year
-10.86% -18.40%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Quality Assurance & Compliance
England
Contract IT job ads with a match in the
Quality Assurance & Compliance category
2934 3988 4101
As % of all contract IT jobs located in England 7.067% 7.468% 7.179%
Number of daily rates quoted 1793 2107 2274
Average daily rate £413 £425 £450
Average daily rate % change year-on-year
-2.94% -5.55%
90% offered a daily rate of more than £228 £238 £250
10% offered a daily rate of more than £550 £600 £623
UK excluding London average daily rate £350 £350 £375
% change year-on-year
- -6.66%
Number of hourly rates quoted 96 214 234
Average hourly rate £20.00 £16.72 £28.75
Average hourly rate % change year-on-year
+19.61% -41.84%
90% offered a hourly rate of more than £11.00 £11.50 £11.00
10% offered a hourly rate of more than £63.75 £37.00 £40.00
UK excluding London average hourly rate £17.50 £16.00 £30.00
% change year-on-year
+9.37% -46.66%
Solvency II
UK

Solvency II
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Solvency II across the England region as a proportion of the total demand within the Quality Assurance & Compliance category.

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 England region.

England Solvency II Daily Rate Trend

Solvency II
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Solvency II across the England region over the 3 months to 23 May 2013.

England Solvency II Daily Rate Histogram

Solvency II
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Solvency II across the England region.

England Solvency II Hourly 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 England region over the 3 months to 23 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
London -49 27 £500 +1.26%
South West +26 7 £366 -11.69%
North West +5 4 £350 -
East of England +15 2 £443 +7.27%
South East -24 2 £413 -21.42%
Midlands -4 1 - -
Solvency II
UK

Solvency II
Top 30 Related IT Skills

For the 6 months to 23 May 2013, IT contractor jobs across the 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 67 (63.21%) Finance
2 24 (22.64%) Stakeholder Management
3 23 (21.70%) Banking
4 21 (19.81%) Data Analysis
4 21 (19.81%) Data Warehouse
5 19 (17.92%) Data Modelling
6 16 (15.09%) SQL
7 15 (14.15%) Data Governance
8 14 (13.21%) Data Management
9 13 (12.26%) ETL
9 13 (12.26%) UML
9 13 (12.26%) Business Analysis
10 12 (11.32%) Data Quality
11 11 (10.38%) Basel III
11 11 (10.38%) MS Visio
11 11 (10.38%) Risk Management
11 11 (10.38%) GAP Analysis
12 10 (9.434%) Oracle
13 9 (8.491%) SSADM
13 9 (8.491%) DSDM
13 9 (8.491%) Basel II
13 9 (8.491%) BPR
13 9 (8.491%) Business Transformation
13 9 (8.491%) Requirements Analysis
14 8 (7.547%) Business Intelligence
14 8 (7.547%) Microsoft
14 8 (7.547%) Informatica
15 7 (6.604%) Six Sigma
15 7 (6.604%) Project Management
16 6 (5.660%) ACCA

Solvency II
Top Related IT Skills by Category

For the 6 months to 23 May 2013, IT contractor jobs across the 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 (2.830%) XBRL
1 3 (2.830%) .NET
1 3 (2.830%) XSD
2 2 (1.887%) XML
3 1 (0.943%) Velocity
3 1 (0.943%) WebSphere
3 1 (0.943%) ASP.NET
Application Platforms
1 3 (2.830%) SharePoint Server
1 3 (2.830%) SharePoint
1 3 (2.830%) SAS
2 1 (0.943%) Mathematica
2 1 (0.943%) PowerExchange
Applications
1 11 (10.38%) MS Visio
2 4 (3.774%) Spreadsheet
3 3 (2.830%) MS PowerPoint
3 3 (2.830%) MS Office
4 2 (1.887%) MS Excel
4 2 (1.887%) MS Project
5 1 (0.943%) S-PLUS
Business Applications
1 3 (2.830%) Prophet
2 1 (0.943%) EMB Igloo
2 1 (0.943%) Oracle EBS
Communications & Networking
1 3 (2.830%) DHCP
1 3 (2.830%) DNS
2 1 (0.943%) Cisco Nexus
2 1 (0.943%) IMAP
Database & Business Intelligence
1 21 (19.81%) Data Warehouse
2 5 (4.717%) SQL Server
3 3 (2.830%) IBM InfoSphere
3 3 (2.830%) Star Schema
4 2 (1.887%) Oracle 8/8i
4 2 (1.887%) Data Mining
4 2 (1.887%) PowerCenter
5 1 (0.943%) Base SAS
5 1 (0.943%) SAS Enterprise Guide
5 1 (0.943%) QlikView
5 1 (0.943%) SQL Server Reporting Services
5 1 (0.943%) RDBMS
5 1 (0.943%) OLAP
Development Applications
1 3 (2.830%) Oracle APEX
1 3 (2.830%) ERwin
2 1 (0.943%) Cucumber
2 1 (0.943%) FitNesse
2 1 (0.943%) Bugzilla
General
1 67 (63.21%) Finance
2 23 (21.70%) Banking
3 4 (3.774%) Retail
4 3 (2.830%) Retail Banking
Job Titles
1 67 (63.21%) Analyst
2 46 (43.40%) Business Analyst
3 15 (14.15%) Data Analyst
4 14 (13.21%) Insurance Business Analyst
5 12 (11.32%) Solvency II Business Analyst
6 10 (9.434%) Project Manager
7 9 (8.491%) Developer
7 9 (8.491%) Architect
8 6 (5.660%) Quality Analyst
8 6 (5.660%) Data Quality Analyst
9 5 (4.717%) Data Architect
10 3 (2.830%) Solvency II Project Manager
10 3 (2.830%) ETL Developer
10 3 (2.830%) Database Developer
10 3 (2.830%) Data Modeller
10 3 (2.830%) Solutions Architect
10 3 (2.830%) 3rd Line Support
11 2 (1.887%) Test Analyst
11 2 (1.887%) Informatica Developer
11 2 (1.887%) Business Intelligence Analyst
Miscellaneous
1 3 (2.830%) Derivative
2 2 (1.887%) Data Integration
3 1 (0.943%) Visualisation
3 1 (0.943%) Mathematics
3 1 (0.943%) Computer Science
3 1 (0.943%) Statistics
3 1 (0.943%) Fixed Income
3 1 (0.943%) Equities
3 1 (0.943%) Management Information System
3 1 (0.943%) N-Tier
Operating Systems
1 5 (4.717%) UNIX
2 4 (3.774%) Windows
3 3 (2.830%) Red Hat Enterprise Linux
3 3 (2.830%) Linux
Processes & Methodologies
1 24 (22.64%) Stakeholder Management
2 21 (19.81%) Data Analysis
3 19 (17.92%) Data Modelling
4 15 (14.15%) Data Governance
5 14 (13.21%) Data Management
6 13 (12.26%) ETL
6 13 (12.26%) UML
6 13 (12.26%) Business Analysis
7 11 (10.38%) Risk Management
7 11 (10.38%) GAP Analysis
8 9 (8.491%) SSADM
8 9 (8.491%) DSDM
8 9 (8.491%) BPR
8 9 (8.491%) Business Transformation
8 9 (8.491%) Requirements Analysis
9 8 (7.547%) Business Intelligence
10 7 (6.604%) Six Sigma
10 7 (6.604%) Project Management
11 5 (4.717%) Data Architecture
12 4 (3.774%) Change Management
Programming Languages
1 16 (15.09%) SQL
2 4 (3.774%) C
2 4 (3.774%) Shell Script
3 2 (1.887%) C#
3 2 (1.887%) Java
3 2 (1.887%) PL/SQL
4 1 (0.943%) R
4 1 (0.943%) SAS Macro
4 1 (0.943%) MATLAB
4 1 (0.943%) T-SQL
Qualifications
1 6 (5.660%) ACCA
1 6 (5.660%) CIMA
2 4 (3.774%) ISEB
3 3 (2.830%) Security Cleared
3 3 (2.830%) Degree
4 2 (1.887%) SC Cleared
Quality Assurance & Compliance
1 12 (11.32%) Data Quality
2 11 (10.38%) Basel III
3 9 (8.491%) Basel II
4 2 (1.887%) FATCA
System Software
1 3 (2.830%) VMware Infrastructure
1 3 (2.830%) VMware Workstation
2 2 (1.887%) UAG
3 1 (0.943%) vSphere
Systems Management
1 3 (2.830%) SCCM
1 3 (2.830%) SCOM
Vendors
1 10 (9.434%) Oracle
2 8 (7.547%) Microsoft
2 8 (7.547%) Informatica
3 6 (5.660%) Business Objects
4 3 (2.830%) VMware
4 3 (2.830%) EMC
4 3 (2.830%) Cisco
4 3 (2.830%) IBM
4 3 (2.830%) Red Hat
4 3 (2.830%) Sophos
5 1 (0.943%) Teradata
5 1 (0.943%) Algorithmics
England
I'm recruiting for two separate data management positions with our leading Insurance client. These positions are working on a Solvency II data project to implement a data...
Rate: £400 - £600 per day + market
Posted: 16 May 2013
Swindon, Wiltshire
Business Analyst or Senior Business Analyst, process modelling, BPR, process mapping, process analysis, process transformation with financial services experience -insurance, banking or building societies... We are seeking experienced...
Clarity Resourcing Ltd
Rate: £390 - £475 per day
Posted: 22 May 2013