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 February 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
27 Feb 2017
Same period 2016 Same period 2015
Solvency II
UK / England
Rank 527 510 464
Rank change year-on-year
-17 -46
Contract jobs citing Solvency II 50 79 136
As % of all contract IT jobs located in England 0.12% 0.17% 0.29%
As % of the Quality Assurance & Compliance category 1.02% 1.47% 2.41%
Number of daily rates quoted 46 69 97
Median daily rate £550 £513 £500
Median daily rate % change year-on-year
+7.31% +2.50%
90% offered a daily rate of more than £460 £373 £378
10% offered a daily rate of more than £650 £617 £635
UK excluding London median daily rate £638 £500 £500
% change year-on-year
+27.50% -
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
4897 5379 5632
As % of all contract IT jobs located in England 11.65% 11.42% 11.81%
Number of daily rates quoted 3224 3493 3487
Median daily rate £450 £420 £400
Median daily rate % change year-on-year
+7.14% +5.00%
90% offered a daily rate of more than £275 £251 £225
10% offered a daily rate of more than £620 £600 £600
UK excluding London median daily rate £400 £390 £380
% change year-on-year
+2.56% +2.63%
Number of hourly rates quoted 159 180 165
Median hourly rate £22.90 £42.00 £22.50
Median hourly rate % change year-on-year
-45.47% +86.66%
90% offered a hourly rate of more than £11.00 £14.20 £11.00
10% offered a hourly rate of more than £52.50 £61.00 £50.20
UK excluding London median hourly rate £20.75 £42.50 £23.50
% change year-on-year
-51.17% +80.85%

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 February 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 27 February 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 -9 43 £525 +2.43%
South East +23 5 £638 +21.42%
West Midlands - 1 £625 -
Solvency II
UK

Solvency II
Top 30 Related IT Skills in England

For the 6 months to 27 February 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 61 (52.59%) Finance
2 22 (18.97%) Data Warehouse
3 19 (16.38%) Business Analysis
3 19 (16.38%) Data Quality
4 18 (15.52%) Data Modelling
4 18 (15.52%) Business Intelligence
5 15 (12.93%) SQL
6 13 (11.21%) Banking
6 13 (11.21%) SQL Server Reporting Services
7 12 (10.34%) Data Analysis
7 12 (10.34%) Asset Management
7 12 (10.34%) Data Management
7 12 (10.34%) Project Management
7 12 (10.34%) Analytical Skills
8 11 (9.48%) Stakeholder Management
9 10 (8.62%) SQL Server
9 10 (8.62%) Data Governance
9 10 (8.62%) MiFID
9 10 (8.62%) Investment Management
9 10 (8.62%) Data Extraction
10 8 (6.90%) Agile Software Development
10 8 (6.90%) Sybase
10 8 (6.90%) VBA
10 8 (6.90%) ETL
10 8 (6.90%) SQL Server Integration Services
11 7 (6.03%) Process Improvement
11 7 (6.03%) UML
11 7 (6.03%) PRINCE2
11 7 (6.03%) Retail
11 7 (6.03%) Validation

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 4 (3.45%) SharePoint
2 3 (2.59%) BizTalk Server
2 3 (2.59%) Oracle SOA Suite
3 2 (1.72%) Confluence
3 2 (1.72%) SAS
Applications
1 4 (3.45%) MS Visio
2 3 (2.59%) MS Excel
3 1 (0.86%) MS Office
3 1 (0.86%) MS Project
Business Applications
1 2 (1.72%) Dynamics AX
1 2 (1.72%) Dynamics CRM
1 2 (1.72%) Markit EDM
2 1 (0.86%) Dynamics GP
Cloud Services
1 2 (1.72%) SaaS
Communications & Networking
1 1 (0.86%) IMAP
Database & Business Intelligence
1 22 (18.97%) Data Warehouse
2 13 (11.21%) SQL Server Reporting Services
3 10 (8.62%) SQL Server
4 8 (6.90%) SQL Server Integration Services
5 6 (5.17%) SQL Server Analysis Services
6 4 (3.45%) Big Data
7 3 (2.59%) Hadoop
8 2 (1.72%) MS Access
8 2 (1.72%) SAS EBI
Development Applications
1 4 (3.45%) JIRA
2 2 (1.72%) Subversion
2 2 (1.72%) Visual Studio
3 1 (0.86%) ERwin
3 1 (0.86%) Team Foundation Server
General
1 61 (52.59%) Finance
2 13 (11.21%) Banking
3 7 (6.03%) Retail
4 3 (2.59%) Investment Banking
5 2 (1.72%) Front Office
5 2 (1.72%) Private Banking
5 2 (1.72%) Retail Banking
5 2 (1.72%) Wholesale Banking
6 1 (0.86%) Advertising
6 1 (0.86%) General Ledger
6 1 (0.86%) Legal
Job Titles
1 66 (56.90%) Analyst
2 46 (39.66%) Business Analyst
3 15 (12.93%) Data Analyst
3 15 (12.93%) Solvency II Business Analyst
4 12 (10.34%) Project Manager
5 10 (8.62%) Data Quality Analyst
5 10 (8.62%) Insurance Business Analyst
5 10 (8.62%) Quality Analyst
6 9 (7.76%) Business Intelligence Analyst
6 9 (7.76%) Developer
6 9 (7.76%) Excel Analyst
7 7 (6.03%) Architect
7 7 (6.03%) Data Business Analyst
7 7 (6.03%) Report Analyst
7 7 (6.03%) Solvency II Project Manager
8 6 (5.17%) Business Intelligence Business Analyst
9 5 (4.31%) Business Intelligence Developer
9 5 (4.31%) Financial Analyst
10 4 (3.45%) Access Developer
10 4 (3.45%) Excel Developer
Libraries, Frameworks & Software Standards
1 3 (2.59%) Middleware
1 3 (2.59%) SAP PI
2 2 (1.72%) .NET
2 2 (1.72%) ASP.NET
2 2 (1.72%) Flash
3 1 (0.86%) FIX Protocol
3 1 (0.86%) FpML
3 1 (0.86%) MDX
3 1 (0.86%) XML
Miscellaneous
1 12 (10.34%) Analytical Skills
2 6 (5.17%) Reinsurance
3 5 (4.31%) Management Information System
3 5 (4.31%) Reference Data
4 4 (3.45%) Foreign Exchange (FX)
4 4 (3.45%) Market Risk
5 3 (2.59%) Credit Risk
5 3 (2.59%) Data Protection Act
5 3 (2.59%) Data Structures
5 3 (2.59%) Digital Media
5 3 (2.59%) Enterprise Software
5 3 (2.59%) SCADA
5 3 (2.59%) Social Media
6 2 (1.72%) Algorithms
6 2 (1.72%) Derivative
6 2 (1.72%) Equities
6 2 (1.72%) Fixed Income
7 1 (0.86%) Data Centre
7 1 (0.86%) Fintech
Operating Systems
1 2 (1.72%) Unix
Processes & Methodologies
1 19 (16.38%) Business Analysis
2 18 (15.52%) Business Intelligence
2 18 (15.52%) Data Modelling
3 12 (10.34%) Asset Management
3 12 (10.34%) Data Analysis
3 12 (10.34%) Data Management
3 12 (10.34%) Project Management
4 11 (9.48%) Stakeholder Management
5 10 (8.62%) Data Extraction
5 10 (8.62%) Data Governance
5 10 (8.62%) Investment Management
6 8 (6.90%) Agile Software Development
6 8 (6.90%) ETL
7 7 (6.03%) PRINCE2
7 7 (6.03%) Process Improvement
7 7 (6.03%) Risk Management
7 7 (6.03%) UML
7 7 (6.03%) Validation
8 6 (5.17%) GAP Analysis
8 6 (5.17%) User Acceptance Testing
Programming Languages
1 15 (12.93%) SQL
2 8 (6.90%) VBA
3 6 (5.17%) T-SQL
4 3 (2.59%) C#
5 2 (1.72%) C++
5 2 (1.72%) PL/SQL
5 2 (1.72%) Python
5 2 (1.72%) Shell Script
5 2 (1.72%) VB.NET
Qualifications
1 5 (4.31%) Degree
2 3 (2.59%) PMI Certification
2 3 (2.59%) PMP
3 2 (1.72%) IIBA
3 2 (1.72%) ISEB
3 2 (1.72%) PRINCE2 Certification
4 1 (0.86%) AAT
4 1 (0.86%) ACCA
4 1 (0.86%) ISTQB
4 1 (0.86%) ISTQB Foundation Certification
4 1 (0.86%) ITIL Certification
4 1 (0.86%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 19 (16.38%) Data Quality
2 10 (8.62%) MiFID
3 5 (4.31%) IFRS
3 5 (4.31%) Sarbanes-Oxley
4 4 (3.45%) EMIR
4 4 (3.45%) PMO
5 2 (1.72%) AIFMD
5 2 (1.72%) Basel III
5 2 (1.72%) Dodd-Frank
5 2 (1.72%) IFRS 9
5 2 (1.72%) QA
6 1 (0.86%) Basel II
6 1 (0.86%) ISO20022
6 1 (0.86%) UCITS
Vendors
1 8 (6.90%) Sybase
2 4 (3.45%) Microsoft
3 3 (2.59%) Cloudera
3 3 (2.59%) Guidewire
3 3 (2.59%) MuleSoft
3 3 (2.59%) Oracle
3 3 (2.59%) Pega
3 3 (2.59%) SAP
3 3 (2.59%) Tableau
4 2 (1.72%) Algorithmics
4 2 (1.72%) Bloomberg
4 2 (1.72%) Cognos
4 2 (1.72%) Informatica
4 2 (1.72%) Perforce
5 1 (0.86%) Microgen
5 1 (0.86%) Murex