The table below looks at the statistics for Solvency II skills in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 27 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
27 Sep 2016
Same period 2015 Same period 2014
Solvency II
Rank 538 554 509
Rank change year-on-year
+16 -45
Contract jobs citing Solvency II 77 89 102
As % of all contract IT jobs located in England 0.15% 0.17% 0.20%
As % of the Quality Assurance & Compliance category 1.61% 1.78% 2.08%
Number of daily rates quoted 71 67 84
Median daily rate £475 £525 £491
Median daily rate % change year-on-year
-9.52% +6.87%
90% offered a daily rate of more than £375 £424 £379
10% offered a daily rate of more than £650 £650 £753
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
UK

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 England region.

Quality Assurance & Compliance Category
England
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4774 5005 4906
As % of all contract IT jobs located in England 9.60% 9.62% 9.44%
Number of daily rates quoted 3113 3113 3087
Median daily rate £428 £438 £420
Median daily rate % change year-on-year
-2.17% +4.16%
90% offered a daily rate of more than £255 £275 £240
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £413 £375
% change year-on-year
-3.03% +10.00%
Number of hourly rates quoted 176 213 220
Median hourly rate £27.55 £23.00 £20.00
Median hourly rate % change year-on-year
+19.78% +15.00%
90% offered a hourly rate of more than £9.73 £11.58 £12.00
10% offered a hourly rate of more than £45.00 £47.50 £45.00
UK excluding London median hourly rate £30.00 £30.00 £20.00
% change year-on-year
- +50.00%

Solvency II
Jobs Demand Trend in England

The demand trend of contract jobs across the England 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 England

Solvency II
Daily Rate Trend in England

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

Solvency II Daily Rate Trend in England

Solvency II
Daily Rate Histogram in England

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 27 September 2016.

Solvency II Daily Rate Histogram in England

Solvency II
Hourly Rate Trend in England

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

Solvency II Hourly Rate Trend 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 3 months to 27 September 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +4 65 £475 -
North West +18 4 £588 +11.90% 1
West Midlands -25 4 £450 -30.76%
South East +6 3 £425 -34.61% 2
Solvency II
UK

Solvency II
Top 30 Related IT Skills in England

For the 6 months to 27 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 England region with a requirement for Solvency II.

1 92 (52.57%) Finance
2 46 (26.29%) SQL
3 31 (17.71%) Business Analysis
4 29 (16.57%) Data Analysis
5 27 (15.43%) Data Warehouse
6 23 (13.14%) ETL
7 22 (12.57%) SQL Server
8 19 (10.86%) Data Management
9 18 (10.29%) Data Modelling
9 18 (10.29%) Business Intelligence
10 17 (9.71%) Microsoft
10 17 (9.71%) Data Quality
11 16 (9.14%) Stakeholder Management
11 16 (9.14%) Agile Software Development
12 15 (8.57%) Analytical Skills
13 14 (8.00%) Test Scripting
13 14 (8.00%) Asset Management
14 12 (6.86%) Project Management
14 12 (6.86%) SQL Server Integration Services
15 11 (6.29%) Migration
15 11 (6.29%) GAP Analysis
15 11 (6.29%) MS Excel
16 10 (5.71%) Legal
16 10 (5.71%) Enterprise Architecture
16 10 (5.71%) Data Migration
17 9 (5.14%) JIRA
17 9 (5.14%) Customer Insight
17 9 (5.14%) UML
18 8 (4.57%) XML
18 8 (4.57%) ERwin

Solvency II
Top Related IT Skills in England 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:

Application Platforms
1 8 (4.57%) Confluence
2 1 (0.57%) SAS
2 1 (0.57%) SharePoint
Applications
1 11 (6.29%) MS Excel
2 6 (3.43%) MS Office
3 5 (2.86%) MS PowerPoint
4 1 (0.57%) MS Project
4 1 (0.57%) MS Visio
Business Applications
1 3 (1.71%) Markit EDM
2 2 (1.14%) ReMetrica
3 1 (0.57%) Towers Watson Igloo
Database & Business Intelligence
1 27 (15.43%) Data Warehouse
2 22 (12.57%) SQL Server
3 12 (6.86%) SQL Server Integration Services
4 6 (3.43%) SQL Server Reporting Services
5 5 (2.86%) Data Mining
5 5 (2.86%) SQL Server Analysis Services
6 4 (2.29%) Enterprise Data Warehouse
7 2 (1.14%) MS Access
8 1 (0.57%) Big Data
8 1 (0.57%) BusinessObjects
8 1 (0.57%) Data Lake
8 1 (0.57%) Microsoft Analysis Services
8 1 (0.57%) Oracle Database
8 1 (0.57%) QlikView
8 1 (0.57%) Relational Database
8 1 (0.57%) SQL Server 2008
8 1 (0.57%) SQL Server 2012
Development Applications
1 9 (5.14%) JIRA
2 8 (4.57%) ERwin
3 1 (0.57%) FitNesse
3 1 (0.57%) Team Foundation Server
General
1 92 (52.57%) Finance
2 10 (5.71%) Legal
3 4 (2.29%) Advertising
3 4 (2.29%) Banking
4 2 (1.14%) General Ledger
5 1 (0.57%) Investment Banking
5 1 (0.57%) Publishing
Job Titles
1 81 (46.29%) Analyst
2 50 (28.57%) Business Analyst
3 30 (17.14%) Solvency II Business Analyst
4 26 (14.86%) Architect
5 25 (14.29%) Project Manager
6 15 (8.57%) Developer
6 15 (8.57%) Insurance Business Analyst
7 14 (8.00%) Data Analyst
8 13 (7.43%) Test Analyst
9 12 (6.86%) Data Architect
9 12 (6.86%) Data Business Analyst
10 11 (6.29%) Solvency II Project Manager
11 10 (5.71%) Solutions Architect
12 9 (5.14%) Finance Business Analyst
12 9 (5.14%) Financial Analyst
12 9 (5.14%) SSIS Developer
13 6 (3.43%) Business Intelligence Architect
13 6 (3.43%) Business Test Analyst
13 6 (3.43%) Financial Services Business Analyst
13 6 (3.43%) Senior Analyst
Libraries, Frameworks & Software Standards
1 8 (4.57%) FpML
1 8 (4.57%) XML
2 5 (2.86%) FIX Protocol
3 2 (1.14%) MDX
4 1 (0.57%) .NET
Miscellaneous
1 15 (8.57%) Analytical Skills
2 5 (2.86%) Reinsurance
3 4 (2.29%) Data Extraction
4 3 (1.71%) Credit Risk
4 3 (1.71%) Virtual Team
5 2 (1.14%) Derivative
5 2 (1.14%) Foreign Exchange (FX)
6 1 (0.57%) Computer Science
6 1 (0.57%) Data Integration
6 1 (0.57%) iPad
6 1 (0.57%) Management Information System
6 1 (0.57%) Reference Data
6 1 (0.57%) Social Media
6 1 (0.57%) Tandem
6 1 (0.57%) Visualisation
Processes & Methodologies
1 31 (17.71%) Business Analysis
2 29 (16.57%) Data Analysis
3 23 (13.14%) ETL
4 19 (10.86%) Data Management
5 18 (10.29%) Business Intelligence
5 18 (10.29%) Data Modelling
6 16 (9.14%) Agile Software Development
6 16 (9.14%) Stakeholder Management
7 14 (8.00%) Asset Management
7 14 (8.00%) Test Scripting
8 12 (6.86%) Project Management
9 11 (6.29%) GAP Analysis
9 11 (6.29%) Migration
10 10 (5.71%) Data Migration
10 10 (5.71%) Enterprise Architecture
11 9 (5.14%) Customer Insight
11 9 (5.14%) UML
12 8 (4.57%) Analytics
12 8 (4.57%) SDLC
12 8 (4.57%) User Acceptance Testing
Programming Languages
1 46 (26.29%) SQL
2 7 (4.00%) T-SQL
3 6 (3.43%) VBA
4 3 (1.71%) Shell Script
5 1 (0.57%) C#
5 1 (0.57%) PL/SQL
5 1 (0.57%) VB
Qualifications
1 2 (1.14%) Degree
2 1 (0.57%) ACCA
2 1 (0.57%) CIMA
2 1 (0.57%) ISEB
2 1 (0.57%) ISEB Practitioner
Quality Assurance & Compliance
1 17 (9.71%) Data Quality
2 3 (1.71%) QA
3 2 (1.14%) MiFID
4 1 (0.57%) Basel II
4 1 (0.57%) GAAP
4 1 (0.57%) ISO20022
4 1 (0.57%) PCI DSS
4 1 (0.57%) UCITS
Systems Management
1 2 (1.14%) HP Quality Center
Vendors
1 17 (9.71%) Microsoft
2 2 (1.14%) Microgen
2 2 (1.14%) Murex
2 2 (1.14%) Oracle
3 1 (0.57%) Bloomberg
3 1 (0.57%) HP
3 1 (0.57%) Tableau