The table below looks at the statistics 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 October 2014 with a comparison to the same period in 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.

Location
3 months to
22 Oct 2014
Same period 2013 Same period 2012
Solvency II
Rank 379 414 308
Rank change year-on-year
+35 -106
Contract jobs citing Solvency II 35 19 96
As % of all contract IT jobs located in London 0.14% 0.075% 0.39%
As % of the Quality Assurance & Compliance category 1.82% 0.94% 4.65%
Number of daily rates quoted 26 19 75
Average daily rate
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of your Daily Rate
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£525 £500 £475
Average daily rate % change year-on-year
+5.00% +5.26%
90% offered a daily rate of more than £400 £419 £328
10% offered a daily rate of more than £900 £615 £665
UK excluding London average daily rate £500 £475 £425
% change year-on-year
+5.26% +11.76%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Solvency II
England

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 London region.

Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
1928 2020 2066
As % of all contract IT jobs located in London 7.94% 8.00% 8.38%
Number of daily rates quoted 1354 1428 1472
Average daily rate £450 £475 £450
Average daily rate % change year-on-year
-5.26% +5.55%
90% offered a daily rate of more than £275 £300 £275
10% offered a daily rate of more than £625 £650 £638
UK excluding London average daily rate £375 £350 £375
% change year-on-year
+7.14% -6.66%
Number of hourly rates quoted 34 29 43
Average hourly rate £20.25 £21.75 £19.70
Average hourly rate % change year-on-year
-6.89% +10.40%
90% offered a hourly rate of more than £12.76 £13.87 £13.50
10% offered a hourly rate of more than £60.50 £64.55 £50.00
UK excluding London average hourly rate £18.00 £17.50 £19.75
% change year-on-year
+2.85% -11.39%

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 October 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 October 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 +31 14 £450 -33.33% 4
Canary Wharf - - - -
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 22 October 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 30 (43.48%) Finance
2 18 (26.09%) Project Management
3 14 (20.29%) Stakeholder Management
4 12 (17.39%) SQL
5 10 (14.49%) Analytical Skills
6 8 (11.59%) Data Warehouse
7 7 (10.14%) Agile Software Development
7 7 (10.14%) Business Analysis
8 6 (8.70%) IMAP
9 5 (7.25%) General Ledger
9 5 (7.25%) QA
9 5 (7.25%) User Acceptance Testing
9 5 (7.25%) Oracle
9 5 (7.25%) Basel III
10 4 (5.80%) SQL Server
10 4 (5.80%) Business Intelligence
10 4 (5.80%) Basel II
10 4 (5.80%) Change Management
10 4 (5.80%) Stakeholder Engagement
10 4 (5.80%) Waterfall
11 3 (4.35%) SQL Server 2008
11 3 (4.35%) Budget Control
11 3 (4.35%) Data Governance
11 3 (4.35%) QlikView
11 3 (4.35%) Programme Management
11 3 (4.35%) Data Mart
11 3 (4.35%) Banking
11 3 (4.35%) Data Management
11 3 (4.35%) Sarbanes-Oxley
11 3 (4.35%) Informatica

Solvency II
Top Related IT Skills in London by Category

For the 6 months to 22 October 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 3 (4.35%) SharePoint
Applications
1 2 (2.90%) MS Visio
1 2 (2.90%) Spreadsheet
1 2 (2.90%) PowerPivot
2 1 (1.45%) S-PLUS
2 1 (1.45%) MS Excel
2 1 (1.45%) MS Project
2 1 (1.45%) MS Office
Business Applications
1 2 (2.90%) CODA-Financials
2 1 (1.45%) Markit EDM
Communications & Networking
1 6 (8.70%) IMAP
Database & Business Intelligence
1 8 (11.59%) Data Warehouse
2 4 (5.80%) SQL Server
3 3 (4.35%) SQL Server 2008
3 3 (4.35%) QlikView
3 3 (4.35%) Data Mart
4 2 (2.90%) ProClarity
4 2 (2.90%) BusinessObjects XI
5 1 (1.45%) PowerCenter
5 1 (1.45%) Oracle Reports
General
1 30 (43.48%) Finance
2 5 (7.25%) General Ledger
3 3 (4.35%) Banking
4 1 (1.45%) Investment Banking
4 1 (1.45%) Advertising
Job Titles
1 28 (40.58%) Analyst
2 19 (27.54%) Project Manager
3 18 (26.09%) Business Analyst
4 14 (20.29%) Solvency II Business Analyst
5 11 (15.94%) Solvency II Project Manager
6 8 (11.59%) Programme Manager
7 7 (10.14%) Developer
8 5 (7.25%) Insurance Business Analyst
9 4 (5.80%) Data Analyst
10 3 (4.35%) Process Analyst
10 3 (4.35%) Technical Architect
10 3 (4.35%) Architect
11 2 (2.90%) Author
11 2 (2.90%) Business Developer
11 2 (2.90%) Technical Author
11 2 (2.90%) Test Analyst
11 2 (2.90%) Business Objects Developer
11 2 (2.90%) Technical Analyst
11 2 (2.90%) Analyst Developer
11 2 (2.90%) Data Manager
Libraries, Frameworks & Software Standards
1 1 (1.45%) Web Services
Miscellaneous
1 10 (14.49%) Analytical Skills
2 2 (2.90%) Data Structures
3 1 (1.45%) Enterprise Software
3 1 (1.45%) Credit Risk
3 1 (1.45%) Taxonomies
3 1 (1.45%) Mathematics
3 1 (1.45%) Physics
3 1 (1.45%) Statistics
Operating Systems
1 1 (1.45%) UNIX
1 1 (1.45%) Windows
Processes & Methodologies
1 18 (26.09%) Project Management
2 14 (20.29%) Stakeholder Management
3 7 (10.14%) Agile Software Development
3 7 (10.14%) Business Analysis
4 5 (7.25%) User Acceptance Testing
5 4 (5.80%) Business Intelligence
5 4 (5.80%) Change Management
5 4 (5.80%) Stakeholder Engagement
5 4 (5.80%) Waterfall
6 3 (4.35%) Budget Control
6 3 (4.35%) Data Governance
6 3 (4.35%) Programme Management
6 3 (4.35%) Data Management
6 3 (4.35%) PRINCE2
7 2 (2.90%) UML
7 2 (2.90%) PRINCE
7 2 (2.90%) ETL
7 2 (2.90%) Data Analysis
7 2 (2.90%) Project Planning
7 2 (2.90%) Fund Management
Programming Languages
1 12 (17.39%) SQL
2 1 (1.45%) R
2 1 (1.45%) Shell Script
2 1 (1.45%) C
Qualifications
1 2 (2.90%) PRINCE2 Certification
1 2 (2.90%) Degree
2 1 (1.45%) Six Sigma Green Belt
2 1 (1.45%) Six Sigma Black Belt
2 1 (1.45%) PhD
Quality Assurance & Compliance
1 5 (7.25%) QA
1 5 (7.25%) Basel III
2 4 (5.80%) Basel II
3 3 (4.35%) Sarbanes-Oxley
4 1 (1.45%) FATCA
4 1 (1.45%) GAAP
Systems Management
1 1 (1.45%) HP Quality Center
Vendors
1 5 (7.25%) Oracle
2 3 (4.35%) Informatica
2 3 (4.35%) Microsoft
2 3 (4.35%) Business Objects
3 2 (2.90%) Actuate
3 2 (2.90%) CODA
4 1 (1.45%) HP
4 1 (1.45%) Cognos
London
Maclean Moore Consulting
Rate: From £300 to £450 per day
Posted: 21 hours ago
London
Churchill Frank
Rate: £600 - £800 per day
Posted: 23 hours ago
City, London
Sanderson
Rate: £450 - £475 per day
Posted: 6 days ago
City, London
Lawrence Harvey IT & Change
Rate: £550.00 - £650.00 per day
Posted: 6 days ago
Greater London
HFG
Rate: £550 - £750 per day
Posted: 12 days ago
Greater London
HFG
Rate: £650 - £750 per annum
Posted: 12 days ago
London
HFG
Rate: £600 - £750 per day
Posted: 14 days ago
London
HFG
Rate: £700 - £900 per day
Posted: 22 days ago
London
HFG
Rate: £700 - £900 per day
Posted: 27 days ago