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 24 April 2015 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
24 Apr 2015
Same period 2014 Same period 2013
Solvency II
Rank 332 382 364
Rank change year-on-year
+50 -18
Contract jobs citing Solvency II 76 31 34
As % of all contract IT jobs located in London 0.34% 0.13% 0.15%
As % of the Quality Assurance & Compliance category 4.37% 1.54% 1.87%
Number of daily rates quoted 56 21 23
Average daily rate
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of your Daily Rate
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£550 £500 £500
Average daily rate % change year-on-year
+10.00% -
90% offered a daily rate of more than £419 £390 £365
10% offered a daily rate of more than £650 £590 £680
UK excluding London average daily rate £500 £451 £410
% change year-on-year
+10.98% +9.87%
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
1741 2016 1821
As % of all contract IT jobs located in London 7.82% 8.53% 8.28%
Number of daily rates quoted 1192 1419 1251
Average daily rate £450 £450 £475
Average daily rate % change year-on-year
- -5.26%
90% offered a daily rate of more than £275 £288 £275
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £375 £368 £338
% change year-on-year
+2.04% +8.88%
Number of hourly rates quoted 14 36 36
Average hourly rate £21.50 £20.87 £20.60
Average hourly rate % change year-on-year
+3.04% +1.28%
90% offered a hourly rate of more than £12.40 £14.90 £13.76
10% offered a hourly rate of more than £107.00 £79.55 £135.00
UK excluding London average hourly rate £22.50 £18.00 £15.13
% change year-on-year
+25.00% +19.00%

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 24 April 2015.

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 24 April 2015. 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 +41 37 £513 -2.38% 4
Bromley - 1 £475 -
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 24 April 2015, 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 77 (54.23%) Finance
2 33 (23.24%) Stakeholder Management
3 28 (19.72%) SQL
4 24 (16.90%) Data Warehouse
5 21 (14.79%) Cognos
6 20 (14.08%) Project Management
6 20 (14.08%) Analytical Skills
7 17 (11.97%) Cognos TM1
7 17 (11.97%) Business Analysis
8 16 (11.27%) ETL
8 16 (11.27%) Business Intelligence
9 15 (10.56%) Data Analysis
10 14 (9.86%) Advertising
10 14 (9.86%) Risk Management
11 13 (9.15%) IBM
11 13 (9.15%) Data Modelling
11 13 (9.15%) Change Management
12 11 (7.75%) GAP Analysis
13 10 (7.04%) User Acceptance Testing
14 9 (6.34%) Asset Management
15 8 (5.63%) GAAP
15 8 (5.63%) MS Project
15 8 (5.63%) MS Office
15 8 (5.63%) SQL Server
15 8 (5.63%) Resource Management
15 8 (5.63%) Data Extraction
16 7 (4.93%) Dependency Management
16 7 (4.93%) OLAP
16 7 (4.93%) T-SQL
16 7 (4.93%) PL/SQL

Solvency II
Top Related IT Skills in London by Category

For the 6 months to 24 April 2015, 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 5 (3.52%) SharePoint
2 1 (0.70%) SAS
Applications
1 8 (5.63%) MS Project
1 8 (5.63%) MS Office
2 6 (4.23%) MS Visio
3 3 (2.11%) MS Excel
4 1 (0.70%) MS PowerPoint
Business Applications
1 17 (11.97%) Cognos TM1
2 6 (4.23%) Cognos Business Intelligence
3 3 (2.11%) Markit EDM
3 3 (2.11%) Oracle General Ledger
Communications & Networking
1 4 (2.82%) IMAP
2 1 (0.70%) DHCP
2 1 (0.70%) FTP
Database & Business Intelligence
1 24 (16.90%) Data Warehouse
2 8 (5.63%) SQL Server
3 7 (4.93%) OLAP
3 7 (4.93%) SQL Server Integration Services
4 6 (4.23%) SQL Server Reporting Services
4 6 (4.23%) Data Mart
4 6 (4.23%) SQL Server Analysis Services
5 4 (2.82%) Relational Database
5 4 (2.82%) OLAP Cube
6 1 (0.70%) SQL Server 2012
6 1 (0.70%) Base SAS
6 1 (0.70%) SQL Server 2008
6 1 (0.70%) QlikView
6 1 (0.70%) Microsoft Analysis Services
6 1 (0.70%) Snowflake Schema
6 1 (0.70%) PowerCenter
6 1 (0.70%) DataStage
General
1 77 (54.23%) Finance
2 14 (9.86%) Advertising
3 6 (4.23%) General Ledger
4 5 (3.52%) Back Office
5 2 (1.41%) Banking
6 1 (0.70%) Telecoms
6 1 (0.70%) Retail
6 1 (0.70%) Investment Banking
6 1 (0.70%) Front Office
Job Titles
1 77 (54.23%) Analyst
2 51 (35.92%) Business Analyst
3 34 (23.94%) Project Manager
4 30 (21.13%) Solvency II Business Analyst
5 19 (13.38%) Data Analyst
6 16 (11.27%) Solvency II Project Manager
7 11 (7.75%) Developer
8 10 (7.04%) Insurance Business Analyst
9 7 (4.93%) Test Analyst
9 7 (4.93%) Business Project Manager
9 7 (4.93%) Business Manager
10 6 (4.23%) Data Warehouse Analyst
10 6 (4.23%) Business Data Analyst
10 6 (4.23%) Designer
11 5 (3.52%) Consultant
11 5 (3.52%) Programme Manager
12 4 (2.82%) Senior Manager
12 4 (2.82%) Systems Analyst
12 4 (2.82%) Business Intelligence Developer
12 4 (2.82%) TM1 Developer
Libraries, Frameworks & Software Standards
1 2 (1.41%) .NET
2 1 (0.70%) .NET Framework
2 1 (0.70%) COM
2 1 (0.70%) XML
Miscellaneous
1 20 (14.08%) Analytical Skills
2 8 (5.63%) Data Extraction
3 3 (2.11%) Reference Data
3 3 (2.11%) Derivative
3 3 (2.11%) Management Information System
4 1 (0.70%) Visualisation
4 1 (0.70%) DTCC
4 1 (0.70%) Credit Risk
4 1 (0.70%) Market Risk
Operating Systems
1 1 (0.70%) UNIX
1 1 (0.70%) Windows
Processes & Methodologies
1 33 (23.24%) Stakeholder Management
2 20 (14.08%) Project Management
3 17 (11.97%) Business Analysis
4 16 (11.27%) ETL
4 16 (11.27%) Business Intelligence
5 15 (10.56%) Data Analysis
6 14 (9.86%) Risk Management
7 13 (9.15%) Data Modelling
7 13 (9.15%) Change Management
8 11 (7.75%) GAP Analysis
9 10 (7.04%) User Acceptance Testing
10 9 (6.34%) Asset Management
11 8 (5.63%) Resource Management
12 7 (4.93%) Dependency Management
12 7 (4.93%) Migration
12 7 (4.93%) Supplier Management
13 6 (4.23%) Business Process Mapping
13 6 (4.23%) Data Migration
13 6 (4.23%) Investment Management
13 6 (4.23%) Data Governance
Programming Languages
1 28 (19.72%) SQL
2 7 (4.93%) T-SQL
2 7 (4.93%) PL/SQL
3 3 (2.11%) VBA
4 2 (1.41%) C#
5 1 (0.70%) C
5 1 (0.70%) Shell Script
Qualifications
1 4 (2.82%) ISTQB
2 3 (2.11%) ISTQB Advanced Certification
2 3 (2.11%) Degree
3 1 (0.70%) Six Sigma Green Belt
3 1 (0.70%) ISEB
Quality Assurance & Compliance
1 8 (5.63%) GAAP
2 4 (2.82%) Data Quality
3 3 (2.11%) AIFMD
4 2 (1.41%) QA
4 2 (1.41%) MiFID
4 2 (1.41%) EMIR
5 1 (0.70%) Dodd-Frank
System Software
1 1 (0.70%) Active Directory
Systems Management
1 1 (0.70%) HP Quality Center
Vendors
1 21 (14.79%) Cognos
2 13 (9.15%) IBM
3 6 (4.23%) Microsoft
3 6 (4.23%) Sun
4 5 (3.52%) Oracle
5 2 (1.41%) HP
5 2 (1.41%) Informatica
5 2 (1.41%) Business Objects
6 1 (0.70%) Guidewire
6 1 (0.70%) Netezza
6 1 (0.70%) VMware
6 1 (0.70%) SAP
6 1 (0.70%) Reuters
London
Aston Carter
Rate: £400 - £500 per day
Posted: 9 hours ago
London
HFG
Rate: £700 - £800 per day
Posted: 17 hours ago
City, London
McGregor Boyall
Rate: £800 - £1000 per day
Posted: 4 days ago