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 25 August 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
25 Aug 2016
Same period 2015 Same period 2014
Solvency II
Rank 540 525 505
Rank change year-on-year
-15 -20
Contract jobs citing Solvency II 95 104 102
As % of all contract IT jobs located in England 0.19% 0.20% 0.20%
As % of the Quality Assurance & Compliance category 2.04% 2.08% 2.08%
Number of daily rates quoted 78 80 80
Median daily rate £500 £500 £475
Median daily rate % change year-on-year
- +5.26%
90% offered a daily rate of more than £375 £416 £387
10% offered a daily rate of more than £650 £650 £590
UK excluding London median daily rate £480 £528 £450
% change year-on-year
-9.00% +17.22%
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
4662 4992 4906
As % of all contract IT jobs located in England 9.26% 9.42% 9.64%
Number of daily rates quoted 3037 3213 3055
Median daily rate £425 £425 £420
Median daily rate % change year-on-year
- +1.19%
90% offered a daily rate of more than £250 £263 £247
10% offered a daily rate of more than £575 £600 £566
UK excluding London median daily rate £400 £400 £380
% change year-on-year
-0.06% +5.32%
Number of hourly rates quoted 172 197 206
Median hourly rate £28.00 £21.64 £20.00
Median hourly rate % change year-on-year
+29.39% +8.20%
90% offered a hourly rate of more than £11.43 £12.00 £12.40
10% offered a hourly rate of more than £47.35 £55.90 £43.00
UK excluding London median hourly rate £28.15 £25.41 £20.00
% change year-on-year
+10.80% +27.02%

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 25 August 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 25 August 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 -18 69 £500 +5.26% 4
South East +14 16 £450 -28.00% 1
North West +12 5 £550 -16.66%
West Midlands -37 2 £475 -5.00%
East of England +14 1 £325 -50.00%
South West +3 1 £650 +30.00%
Solvency II
UK

Solvency II
Top 30 Related IT Skills in England

For the 6 months to 25 August 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 89 (50.86%) Finance
2 50 (28.57%) SQL
3 39 (22.29%) Data Warehouse
4 31 (17.71%) Data Analysis
5 29 (16.57%) Business Analysis
6 27 (15.43%) ETL
7 26 (14.86%) SQL Server
8 25 (14.29%) Data Modelling
8 25 (14.29%) Business Intelligence
9 21 (12.00%) SQL Server Integration Services
10 20 (11.43%) Data Management
10 20 (11.43%) Data Quality
11 19 (10.86%) Stakeholder Management
12 17 (9.71%) Agile Software Development
12 17 (9.71%) Microsoft
13 16 (9.14%) Analytical Skills
14 13 (7.43%) Migration
14 13 (7.43%) Test Scripting
14 13 (7.43%) Data Migration
15 12 (6.86%) Asset Management
16 11 (6.29%) SQL Server Reporting Services
16 11 (6.29%) Project Management
16 11 (6.29%) GAP Analysis
17 10 (5.71%) Legal
17 10 (5.71%) ERwin
17 10 (5.71%) Enterprise Architecture
18 9 (5.14%) MS Excel
18 9 (5.14%) SDLC
18 9 (5.14%) JIRA
19 8 (4.57%) Confluence

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 9 (5.14%) MS Excel
2 5 (2.86%) MS Office
2 5 (2.86%) MS PowerPoint
3 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 39 (22.29%) Data Warehouse
2 26 (14.86%) SQL Server
3 21 (12.00%) SQL Server Integration Services
4 11 (6.29%) SQL Server Reporting Services
5 8 (4.57%) SQL Server Analysis Services
6 5 (2.86%) Data Mining
7 4 (2.29%) Enterprise Data Warehouse
8 3 (1.71%) SQL Server 2008
9 2 (1.14%) QlikView
10 1 (0.57%) Big Data
10 1 (0.57%) BusinessObjects
10 1 (0.57%) Data Lake
10 1 (0.57%) Microsoft Analysis Services
10 1 (0.57%) Oracle Database
10 1 (0.57%) Power BI
10 1 (0.57%) Relational Database
10 1 (0.57%) SQL Server 2012
Development Applications
1 10 (5.71%) ERwin
2 9 (5.14%) JIRA
3 1 (0.57%) FitNesse
General
1 89 (50.86%) Finance
2 10 (5.71%) Legal
3 4 (2.29%) Advertising
4 3 (1.71%) Banking
5 2 (1.14%) General Ledger
6 1 (0.57%) Back Office
6 1 (0.57%) Investment Banking
6 1 (0.57%) Publishing
Job Titles
1 84 (48.00%) Analyst
2 47 (26.86%) Business Analyst
3 30 (17.14%) Solvency II Business Analyst
4 28 (16.00%) Project Manager
5 27 (15.43%) Architect
6 22 (12.57%) Developer
7 15 (8.57%) Data Analyst
7 15 (8.57%) Insurance Business Analyst
7 15 (8.57%) SSIS Developer
8 13 (7.43%) Data Architect
8 13 (7.43%) Test Analyst
9 11 (6.29%) Data Business Analyst
10 10 (5.71%) Solutions Architect
10 10 (5.71%) SQL Developer
11 9 (5.14%) Finance Business Analyst
11 9 (5.14%) Financial Analyst
11 9 (5.14%) Solvency II Project Manager
11 9 (5.14%) SQL Analyst
12 8 (4.57%) Analyst Developer
12 8 (4.57%) Data Warehouse Developer
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 16 (9.14%) Analytical Skills
2 3 (1.71%) iPad
2 3 (1.71%) Reinsurance
2 3 (1.71%) Virtual Team
3 2 (1.14%) Credit Risk
3 2 (1.14%) Data Extraction
3 2 (1.14%) Derivative
3 2 (1.14%) Foreign Exchange (FX)
3 2 (1.14%) Visualisation
4 1 (0.57%) Computer Science
4 1 (0.57%) Data Integration
4 1 (0.57%) Management Information System
4 1 (0.57%) Social Media
4 1 (0.57%) Tandem
Processes & Methodologies
1 31 (17.71%) Data Analysis
2 29 (16.57%) Business Analysis
3 27 (15.43%) ETL
4 25 (14.29%) Business Intelligence
4 25 (14.29%) Data Modelling
5 20 (11.43%) Data Management
6 19 (10.86%) Stakeholder Management
7 17 (9.71%) Agile Software Development
8 13 (7.43%) Data Migration
8 13 (7.43%) Migration
8 13 (7.43%) Test Scripting
9 12 (6.86%) Asset Management
10 11 (6.29%) GAP Analysis
10 11 (6.29%) Project Management
11 10 (5.71%) Enterprise Architecture
12 9 (5.14%) SDLC
13 8 (4.57%) Data Lineage
13 8 (4.57%) UML
13 8 (4.57%) User Acceptance Testing
14 7 (4.00%) Target Operating Model
Programming Languages
1 50 (28.57%) SQL
2 6 (3.43%) T-SQL
3 4 (2.29%) Shell Script
4 2 (1.14%) VBA
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 20 (11.43%) Data Quality
2 3 (1.71%) QA
3 1 (0.57%) Basel II
3 1 (0.57%) GAAP
3 1 (0.57%) ISO20022
3 1 (0.57%) PCI DSS
Systems Management
1 2 (1.14%) HP Quality Center
Vendors
1 17 (9.71%) Microsoft
2 2 (1.14%) Bloomberg
2 2 (1.14%) Microgen
2 2 (1.14%) Murex
2 2 (1.14%) Oracle
2 2 (1.14%) Tableau
3 1 (0.57%) Cognos
3 1 (0.57%) HP
London
Harvey Nash plc
Rate: £400 per week
Posted: 3 days ago