The first table below looks at the demand for Solvency II skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 22 July 2014 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 London 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
22 Jul 2014
Same period 2013 Same period 2012
Solvency II
Rank 367 401 316
Rank change year-on-year
+34 -85
Contract jobs citing Solvency II 33 15 114
As % of all contract IT jobs located in London 0.14% 0.062% 0.43%
As % of the Quality Assurance & Compliance category 1.84% 0.73% 5.44%
Number of daily rates quoted 23 13 62
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £475 £500
Average daily rate % change year-on-year
+5.26% -5.00%
90% offered a daily rate of more than £425 £400 £388
10% offered a daily rate of more than £590 £545 £743
UK excluding London average daily rate £450 £400 £420
% change year-on-year
+12.50% -4.76%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
1792 2046 2094
As % of all contract IT jobs located in London 7.82% 8.44% 7.96%
Number of daily rates quoted 1243 1430 1366
Average daily rate £440 £475 £475
Average daily rate % change year-on-year
-7.36% -
90% offered a daily rate of more than £275 £300 £300
10% offered a daily rate of more than £600 £650 £650
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 19 31 49
Average hourly rate £19.00 £22.50 £18.60
Average hourly rate % change year-on-year
-15.55% +20.96%
90% offered a hourly rate of more than £12.90 £12.62 £12.50
10% offered a hourly rate of more than £53.80 £45.00 £40.10
UK excluding London average hourly rate £20.06 £17.50 £18.00
% change year-on-year
+14.64% -2.77%
Solvency II
England

Solvency II
Jobs Demand Trend in London

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

Solvency II Jobs Demand Trend in London

Solvency II
Daily Rate Trend in London

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

Solvency II Daily Rate Trend in London

Solvency II
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Solvency II across the London region over the 3 months to 22 July 2014.

Solvency II Daily Rate Histogram in London

Solvency II
Hourly Rate Trend in London

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

Solvency II Hourly Rate Trend in London

Solvency II
Contract Job Locations in London

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 London region over the 3 months to 22 July 2014. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
City of London +28 12 £525 +1.44% 3
Bromley - 2 £450 -
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 22 July 2014, IT contractor jobs across the London 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 20 (31.25%) Finance
2 16 (25.00%) SQL
3 14 (21.88%) Project Management
4 12 (18.75%) Business Intelligence
4 12 (18.75%) Data Warehouse
5 10 (15.63%) Stakeholder Management
5 10 (15.63%) SQL Server
5 10 (15.63%) SharePoint
5 10 (15.63%) Informatica
6 9 (14.06%) Waterfall
7 8 (12.50%) BPMN
7 8 (12.50%) SQL Server 2008
7 8 (12.50%) PowerPivot
7 8 (12.50%) Kimball Methodology
7 8 (12.50%) ProClarity
7 8 (12.50%) QlikView
7 8 (12.50%) Actuate
7 8 (12.50%) Sarbanes-Oxley
7 8 (12.50%) Microsoft
7 8 (12.50%) UML
8 5 (7.81%) Basel II
8 5 (7.81%) Business Analysis
9 4 (6.25%) Business Objects
9 4 (6.25%) Oracle
10 3 (4.69%) Change Management
10 3 (4.69%) Risk Management
10 3 (4.69%) PRINCE2
10 3 (4.69%) Data Modelling
10 3 (4.69%) Data Management
10 3 (4.69%) Budget Control

Solvency II
Top Related IT Skills in London by Category

For the 6 months to 22 July 2014, IT contractor jobs across the London 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 Platforms
1 10 (15.63%) SharePoint
Applications
1 8 (12.50%) PowerPivot
2 2 (3.13%) MS Visio
2 2 (3.13%) MS Excel
3 1 (1.56%) S-PLUS
3 1 (1.56%) MS Project
Communications & Networking
1 1 (1.56%) IMAP
Database & Business Intelligence
1 12 (18.75%) Data Warehouse
2 10 (15.63%) SQL Server
3 8 (12.50%) SQL Server 2008
3 8 (12.50%) ProClarity
3 8 (12.50%) QlikView
4 2 (3.13%) SQL Server Analysis Services
4 2 (3.13%) SQL Server Reporting Services
4 2 (3.13%) Data Mart
4 2 (3.13%) SQL Server Integration Services
4 2 (3.13%) OLAP
5 1 (1.56%) MS Access
5 1 (1.56%) Oracle Reports
5 1 (1.56%) PowerCenter
5 1 (1.56%) BusinessObjects XI
General
1 20 (31.25%) Finance
2 1 (1.56%) Legal
2 1 (1.56%) Marketing
2 1 (1.56%) Banking
Job Titles
1 20 (31.25%) Project Manager
2 17 (26.56%) Analyst
3 12 (18.75%) Business Analyst
3 12 (18.75%) Developer
3 12 (18.75%) Solvency II Project Manager
4 10 (15.63%) Business Intelligence Developer
5 9 (14.06%) Solvency II Business Analyst
6 5 (7.81%) Insurance Business Analyst
7 4 (6.25%) Business Manager
7 4 (6.25%) Delivery Manager
7 4 (6.25%) Business Project Manager
7 4 (6.25%) Programme Manager
8 3 (4.69%) Data Analyst
9 2 (3.13%) Data Manager
9 2 (3.13%) Architect
9 2 (3.13%) Senior Project Manager
9 2 (3.13%) Test Manager
9 2 (3.13%) Business Developer
9 2 (3.13%) Consultant
9 2 (3.13%) Senior Manager
Libraries, Frameworks & Software Standards
1 1 (1.56%) XBRL
Miscellaneous
1 1 (1.56%) Fixed Income
1 1 (1.56%) Equities
1 1 (1.56%) Mathematics
1 1 (1.56%) Physics
1 1 (1.56%) Derivative
1 1 (1.56%) Statistics
1 1 (1.56%) Credit Risk
1 1 (1.56%) Enterprise Software
1 1 (1.56%) iPad
Operating Systems
1 1 (1.56%) UNIX
Processes & Methodologies
1 14 (21.88%) Project Management
2 12 (18.75%) Business Intelligence
3 10 (15.63%) Stakeholder Management
4 9 (14.06%) Waterfall
5 8 (12.50%) BPMN
5 8 (12.50%) Kimball Methodology
5 8 (12.50%) UML
6 5 (7.81%) Business Analysis
7 3 (4.69%) Change Management
7 3 (4.69%) Risk Management
7 3 (4.69%) PRINCE2
7 3 (4.69%) Data Modelling
7 3 (4.69%) Data Management
7 3 (4.69%) Budget Control
8 2 (3.13%) Fund Accounting
8 2 (3.13%) Matrix Management
8 2 (3.13%) Data Governance
8 2 (3.13%) Agile Software Development
8 2 (3.13%) Data Analysis
8 2 (3.13%) Automated Testing
Programming Languages
1 16 (25.00%) SQL
2 2 (3.13%) T-SQL
3 1 (1.56%) Shell Script
3 1 (1.56%) PL/SQL
3 1 (1.56%) R
Qualifications
1 1 (1.56%) PhD
1 1 (1.56%) PRINCE2 Certification
1 1 (1.56%) Degree
1 1 (1.56%) Six Sigma Black Belt
1 1 (1.56%) Six Sigma Green Belt
Quality Assurance & Compliance
1 8 (12.50%) Sarbanes-Oxley
2 5 (7.81%) Basel II
3 1 (1.56%) Data Quality
3 1 (1.56%) ISO 9001
3 1 (1.56%) QA
3 1 (1.56%) FATCA
3 1 (1.56%) EMIR
3 1 (1.56%) CRD IV
3 1 (1.56%) Dodd-Frank
3 1 (1.56%) COREP
3 1 (1.56%) FINREP
3 1 (1.56%) AIFMD
3 1 (1.56%) Basel III
Vendors
1 10 (15.63%) Informatica
2 8 (12.50%) Actuate
2 8 (12.50%) Microsoft
3 4 (6.25%) Business Objects
3 4 (6.25%) Oracle
London
Aston Carter
Rate: £500 - £650 per annum
Posted: 14 hours ago
City, London
Sanderson
Rate: £900 - £1100 per day
Posted: 15 hours ago
City, London
Oliver James Associates
Rate: £400 - £450 per day
Posted: 16 hours ago
City, London
Volt
Rate: £300.00 - £400.00 per day
Posted: 6 days ago