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 20 January 2017 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
20 Jan 2017
Same period 2016 Same period 2015
Solvency II
UK / England
Rank 502 507 481
Rank change year-on-year
+5 -26
Contract jobs citing Solvency II 63 88 111
As % of all contract IT jobs located in England 0.15% 0.19% 0.24%
As % of the Quality Assurance & Compliance category 1.56% 1.87% 2.56%
Number of daily rates quoted 56 78 73
Median daily rate £525 £538 £500
Median daily rate % change year-on-year
-2.32% +7.50%
90% offered a daily rate of more than £309 £368 £380
10% offered a daily rate of more than £675 £600 £670
UK excluding London median daily rate £575 £475 £500
% change year-on-year
+20.98% -4.95%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
4047 4711 4335
As % of all contract IT jobs located in England 9.76% 10.13% 9.33%
Number of daily rates quoted 2639 2947 2721
Median daily rate £450 £425 £400
Median daily rate % change year-on-year
+5.88% +6.25%
90% offered a daily rate of more than £281 £275 £225
10% offered a daily rate of more than £625 £600 £588
UK excluding London median daily rate £401 £400 £375
% change year-on-year
+0.12% +6.66%
Number of hourly rates quoted 132 182 168
Median hourly rate £25.00 £40.25 £22.75
Median hourly rate % change year-on-year
-37.88% +76.92%
90% offered a hourly rate of more than £11.03 £13.75 £11.25
10% offered a hourly rate of more than £50.00 £57.20 £48.75
UK excluding London median hourly rate £23.17 £42.00 £25.00
% change year-on-year
-44.83% +68.00%

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 20 January 2017.

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 20 January 2017. 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 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 -15 50 £525 -3.44% 4
South East +21 9 £538 +17.80% 1
South West +7 1 £700 +40.00%
West Midlands - 1 £625 -
Yorkshire - 1 £400 -
Solvency II
UK

Solvency II
Top 30 Related IT Skills in England

For the 6 months to 20 January 2017, 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 71 (52.59%) Finance
2 23 (17.04%) Data Warehouse
3 20 (14.81%) SQL
3 20 (14.81%) Business Analysis
4 19 (14.07%) Business Intelligence
5 18 (13.33%) Data Modelling
5 18 (13.33%) Data Quality
6 16 (11.85%) Data Analysis
7 14 (10.37%) Stakeholder Management
8 13 (9.63%) Analytical Skills
9 11 (8.15%) Data Extraction
9 11 (8.15%) SQL Server Reporting Services
9 11 (8.15%) Agile Software Development
9 11 (8.15%) Banking
9 11 (8.15%) SQL Server
10 10 (7.41%) User Acceptance Testing
11 9 (6.67%) Data Governance
11 9 (6.67%) Asset Management
11 9 (6.67%) Data Management
11 9 (6.67%) Project Management
12 8 (5.93%) Sybase
12 8 (5.93%) VBA
12 8 (5.93%) SQL Server Integration Services
13 7 (5.19%) Investment Management
13 7 (5.19%) Process Improvement
13 7 (5.19%) Microsoft
13 7 (5.19%) Retail
13 7 (5.19%) Validation
13 7 (5.19%) Risk Management
14 6 (4.44%) MS Excel

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 3 (2.22%) BizTalk Server
1 3 (2.22%) Oracle SOA Suite
2 2 (1.48%) SAS
2 2 (1.48%) SharePoint
Applications
1 6 (4.44%) MS Excel
2 4 (2.96%) MS Office
3 3 (2.22%) MS PowerPoint
4 2 (1.48%) MS Visio
5 1 (0.74%) MS Project
Business Applications
1 2 (1.48%) Dynamics AX
1 2 (1.48%) Dynamics CRM
1 2 (1.48%) Markit EDM
2 1 (0.74%) Dynamics GP
2 1 (0.74%) ReMetrica
Communications & Networking
1 1 (0.74%) IMAP
Database & Business Intelligence
1 23 (17.04%) Data Warehouse
2 11 (8.15%) SQL Server
2 11 (8.15%) SQL Server Reporting Services
3 8 (5.93%) SQL Server Integration Services
4 6 (4.44%) SQL Server Analysis Services
5 3 (2.22%) Big Data
5 3 (2.22%) Data Mining
5 3 (2.22%) Hadoop
6 2 (1.48%) MS Access
6 2 (1.48%) SAS EBI
7 1 (0.74%) Microsoft Analysis Services
Development Applications
1 2 (1.48%) JIRA
1 2 (1.48%) Subversion
1 2 (1.48%) Visual Studio
2 1 (0.74%) Team Foundation Server
General
1 71 (52.59%) Finance
2 11 (8.15%) Banking
3 7 (5.19%) Retail
4 3 (2.22%) Advertising
4 3 (2.22%) Legal
5 2 (1.48%) Investment Banking
5 2 (1.48%) Retail Banking
5 2 (1.48%) Wholesale Banking
6 1 (0.74%) Front Office
6 1 (0.74%) Private Banking
Job Titles
1 73 (54.07%) Analyst
2 50 (37.04%) Business Analyst
3 20 (14.81%) Solvency II Business Analyst
4 18 (13.33%) Data Analyst
5 17 (12.59%) Project Manager
6 11 (8.15%) Developer
7 10 (7.41%) Data Quality Analyst
7 10 (7.41%) Insurance Business Analyst
7 10 (7.41%) Quality Analyst
8 9 (6.67%) Data Business Analyst
8 9 (6.67%) Excel Analyst
9 7 (5.19%) Business Intelligence Analyst
9 7 (5.19%) Report Analyst
9 7 (5.19%) Solvency II Project Manager
10 6 (4.44%) Architect
10 6 (4.44%) Business Intelligence Business Analyst
10 6 (4.44%) Business Intelligence Developer
10 6 (4.44%) Transition Manager
11 5 (3.70%) Service Analyst
11 5 (3.70%) Solutions Architect
Libraries, Frameworks & Software Standards
1 3 (2.22%) .NET
1 3 (2.22%) MDX
1 3 (2.22%) Middleware
1 3 (2.22%) SAP PI
2 2 (1.48%) ASP.NET
2 2 (1.48%) Flash
Miscellaneous
1 13 (9.63%) Analytical Skills
2 11 (8.15%) Data Extraction
3 5 (3.70%) Reference Data
3 5 (3.70%) Reinsurance
4 4 (2.96%) Market Risk
5 3 (2.22%) Credit Risk
5 3 (2.22%) Data Integration
5 3 (2.22%) Data Protection Act
5 3 (2.22%) Digital Media
5 3 (2.22%) Enterprise Software
5 3 (2.22%) Foreign Exchange (FX)
5 3 (2.22%) Management Information System
5 3 (2.22%) SCADA
5 3 (2.22%) Social Media
6 2 (1.48%) Algorithms
6 2 (1.48%) Mathematics
6 2 (1.48%) Physics
7 1 (0.74%) Data Centre
7 1 (0.74%) Data Structures
7 1 (0.74%) Fintech
Operating Systems
1 2 (1.48%) Unix
Processes & Methodologies
1 20 (14.81%) Business Analysis
2 19 (14.07%) Business Intelligence
3 18 (13.33%) Data Modelling
4 16 (11.85%) Data Analysis
5 14 (10.37%) Stakeholder Management
6 11 (8.15%) Agile Software Development
7 10 (7.41%) User Acceptance Testing
8 9 (6.67%) Asset Management
8 9 (6.67%) Data Governance
8 9 (6.67%) Data Management
8 9 (6.67%) Project Management
9 7 (5.19%) Investment Management
9 7 (5.19%) Process Improvement
9 7 (5.19%) Risk Management
9 7 (5.19%) Validation
10 5 (3.70%) CRM
10 5 (3.70%) ETL
10 5 (3.70%) ITIL
10 5 (3.70%) PRINCE2
10 5 (3.70%) Risk Assessment
Programming Languages
1 20 (14.81%) SQL
2 8 (5.93%) VBA
3 6 (4.44%) T-SQL
4 3 (2.22%) C#
5 2 (1.48%) C++
5 2 (1.48%) Python
5 2 (1.48%) Shell Script
5 2 (1.48%) VB.NET
Qualifications
1 5 (3.70%) Degree
2 2 (1.48%) IIBA
2 2 (1.48%) ISEB
3 1 (0.74%) AAT
3 1 (0.74%) ACCA
3 1 (0.74%) ISTQB
3 1 (0.74%) ISTQB Foundation Certification
3 1 (0.74%) ITIL Certification
3 1 (0.74%) PMI Certification
3 1 (0.74%) PMP
3 1 (0.74%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 18 (13.33%) Data Quality
2 5 (3.70%) MiFID
2 5 (3.70%) Sarbanes-Oxley
3 2 (1.48%) Basel III
3 2 (1.48%) EMIR
3 2 (1.48%) QA
4 1 (0.74%) AIFMD
4 1 (0.74%) Basel II
4 1 (0.74%) Dodd-Frank
4 1 (0.74%) UCITS
Vendors
1 8 (5.93%) Sybase
2 7 (5.19%) Microsoft
3 3 (2.22%) Cloudera
3 3 (2.22%) Guidewire
3 3 (2.22%) MuleSoft
3 3 (2.22%) Oracle
3 3 (2.22%) Pega
3 3 (2.22%) SAP
3 3 (2.22%) Tableau
4 2 (1.48%) Algorithmics
4 2 (1.48%) Bloomberg
4 2 (1.48%) Cognos
4 2 (1.48%) Informatica
4 2 (1.48%) Perforce
Worthing, West Sussex
ARC IT Recruitment Ltd
Rate: £Competitive day rate
Posted: 6 days ago
City, London
Harvey Nash plc
Rate: £450 - £500 per day + None
Posted: 2 days ago