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 28 August 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
28 Aug 2015
Same period 2014 Same period 2013
Solvency II
Rank 352 397 419
Rank change year-on-year
+45 +22
Contract jobs citing Solvency II 63 36 10
As % of all contract IT jobs located in London 0.27% 0.15% 0.040%
As % of the Quality Assurance & Compliance category 3.23% 1.90% 0.48%
Number of daily rates quoted 44 25 10
Average daily rate
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of your Daily Rate
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£488 £525 £450
Average daily rate % change year-on-year
-7.14% +16.66%
90% offered a daily rate of more than £405 £405 £397
10% offered a daily rate of more than £670 £900 £515
UK excluding London average daily rate £525 £456 £445
% change year-on-year
+15.06% +2.52%
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
1950 1890 2070
As % of all contract IT jobs located in London 8.22% 7.90% 8.28%
Number of daily rates quoted 1347 1290 1448
Average daily rate £460 £449 £475
Average daily rate % change year-on-year
+2.50% -5.52%
90% offered a daily rate of more than £275 £275 £300
10% offered a daily rate of more than £600 £600 £650
UK excluding London average daily rate £400 £375 £360
% change year-on-year
+6.66% +4.16%
Number of hourly rates quoted 25 25 26
Average hourly rate £21.25 £18.00 £20.50
Average hourly rate % change year-on-year
+18.05% -12.19%
90% offered a hourly rate of more than £14.00 £13.15 £13.13
10% offered a hourly rate of more than £55.50 £48.40 £66.25
UK excluding London average hourly rate £21.55 £19.50 £17.50
% change year-on-year
+10.51% +11.42%

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 28 August 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 28 August 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 +21 29 £475 -5.00% 1
Bromley -5 1 - - 1
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 28 August 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 91 (61.07%) Finance
2 49 (32.89%) SQL
3 35 (23.49%) Business Intelligence
4 34 (22.82%) Data Warehouse
5 33 (22.15%) Stakeholder Management
6 29 (19.46%) ETL
7 25 (16.78%) SQL Server
8 21 (14.09%) Oracle
9 20 (13.42%) Data Modelling
9 20 (13.42%) Asset Management
9 20 (13.42%) SQL Server Reporting Services
10 18 (12.08%) Migration
10 18 (12.08%) SQL Server Integration Services
11 17 (11.41%) Investment Management
12 16 (10.74%) Analytical Skills
13 15 (10.07%) OLAP
14 14 (9.40%) Project Management
14 14 (9.40%) Data Analysis
15 13 (8.72%) T-SQL
15 13 (8.72%) SQL Server Analysis Services
16 12 (8.05%) User Acceptance Testing
16 12 (8.05%) Business Analysis
16 12 (8.05%) PL/SQL
17 11 (7.38%) UNIX
17 11 (7.38%) Microsoft
17 11 (7.38%) Fixed Income
17 11 (7.38%) MiFID
17 11 (7.38%) EMIR
17 11 (7.38%) Dodd-Frank
18 10 (6.71%) Performance Tuning

Solvency II
Top Related IT Skills in London by Category

For the 6 months to 28 August 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 8 (5.37%) SharePoint
2 3 (2.01%) SAS
Applications
1 5 (3.36%) MS Office
2 4 (2.68%) MS Excel
3 3 (2.01%) MS Visio
4 2 (1.34%) MS Project
5 1 (0.67%) MS PowerPoint
Business Applications
1 6 (4.03%) Markit EDM
2 5 (3.36%) Cognos TM1
3 3 (2.01%) Oracle General Ledger
4 2 (1.34%) Cognos Business Intelligence
5 1 (0.67%) Oracle Financials
5 1 (0.67%) PolarLake
Communications & Networking
1 1 (0.67%) DHCP
1 1 (0.67%) FTP
1 1 (0.67%) IMAP
Database & Business Intelligence
1 34 (22.82%) Data Warehouse
2 25 (16.78%) SQL Server
3 20 (13.42%) SQL Server Reporting Services
4 18 (12.08%) SQL Server Integration Services
5 15 (10.07%) OLAP
6 13 (8.72%) SQL Server Analysis Services
7 10 (6.71%) Relational Database
8 9 (6.04%) Data Mart
9 7 (4.70%) OLAP Cube
10 6 (4.03%) Oracle Database
10 6 (4.03%) Oracle Reports
11 5 (3.36%) Data Mining
12 4 (2.68%) BusinessObjects
12 4 (2.68%) PowerCenter
13 3 (2.01%) Microsoft Analysis Services
13 3 (2.01%) Big Data
14 2 (1.34%) SQL Server 2012
14 2 (1.34%) SQL Server 2005
14 2 (1.34%) SQL Server 2008
14 2 (1.34%) PerformancePoint
Development Applications
1 6 (4.03%) Subversion
2 2 (1.34%) VSS/SourceSafe
2 2 (1.34%) Team Foundation Server
3 1 (0.67%) Visual Studio
3 1 (0.67%) JIRA
General
1 91 (61.07%) Finance
2 6 (4.03%) Back Office
3 5 (3.36%) Banking
4 4 (2.68%) General Ledger
4 4 (2.68%) Front Office
5 3 (2.01%) Legal
5 3 (2.01%) Marketing
6 2 (1.34%) Advertising
7 1 (0.67%) Retail
Job Titles
1 72 (48.32%) Analyst
2 54 (36.24%) Business Analyst
3 36 (24.16%) Developer
4 23 (15.44%) Solvency II Business Analyst
5 19 (12.75%) Project Manager
6 17 (11.41%) Insurance Business Analyst
7 14 (9.40%) Business Intelligence Developer
8 13 (8.72%) Data Analyst
9 9 (6.04%) Senior Analyst
9 9 (6.04%) SQL Developer
9 9 (6.04%) TM1 Developer
10 8 (5.37%) Solvency II Project Manager
11 6 (4.03%) Finance Project Manager
11 6 (4.03%) Business Data Analyst
11 6 (4.03%) PL/SQL Developer
11 6 (4.03%) Business Intelligence Analyst
11 6 (4.03%) Business Manager
11 6 (4.03%) Senior Business Analyst
12 5 (3.36%) Data Warehouse Developer
12 5 (3.36%) Financial Business Analyst
Libraries, Frameworks & Software Standards
1 4 (2.68%) XML
2 3 (2.01%) .NET
3 1 (0.67%) ASP.NET
3 1 (0.67%) .NET Framework
3 1 (0.67%) MDX
Miscellaneous
1 16 (10.74%) Analytical Skills
2 11 (7.38%) Fixed Income
3 10 (6.71%) Data Integration
4 7 (4.70%) Derivative
5 6 (4.03%) Data Extraction
6 4 (2.68%) Visualisation
7 3 (2.01%) Social Media
7 3 (2.01%) Reference Data
7 3 (2.01%) Equities
7 3 (2.01%) Foreign Exchange (FX)
7 3 (2.01%) Management Information System
8 2 (1.34%) DTCC
9 1 (0.67%) Mathematics
9 1 (0.67%) Credit Risk
9 1 (0.67%) Replication
9 1 (0.67%) Hedge funds
Operating Systems
1 11 (7.38%) UNIX
2 1 (0.67%) Windows
2 1 (0.67%) Linux
Processes & Methodologies
1 35 (23.49%) Business Intelligence
2 33 (22.15%) Stakeholder Management
3 29 (19.46%) ETL
4 20 (13.42%) Data Modelling
4 20 (13.42%) Asset Management
5 18 (12.08%) Migration
6 17 (11.41%) Investment Management
7 14 (9.40%) Project Management
7 14 (9.40%) Data Analysis
8 12 (8.05%) Business Analysis
8 12 (8.05%) User Acceptance Testing
9 10 (6.71%) Performance Tuning
10 9 (6.04%) Data Migration
11 8 (5.37%) Risk Management
12 7 (4.70%) Fund Management
12 7 (4.70%) Data Governance
13 6 (4.03%) ETL Development
13 6 (4.03%) Data Management
14 5 (3.36%) Change Management
15 4 (2.68%) BPMN
Programming Languages
1 49 (32.89%) SQL
2 13 (8.72%) T-SQL
3 12 (8.05%) PL/SQL
4 10 (6.71%) Shell Script
5 7 (4.70%) VBA
6 1 (0.67%) SAS Macro
6 1 (0.67%) C#
6 1 (0.67%) VB
6 1 (0.67%) VB.NET
Qualifications
1 9 (6.04%) Degree
2 1 (0.67%) APMP
2 1 (0.67%) Six Sigma Green Belt
2 1 (0.67%) ISTQB Advanced Certification
2 1 (0.67%) ISEB
2 1 (0.67%) SAS Certification
Quality Assurance & Compliance
1 11 (7.38%) MiFID
1 11 (7.38%) EMIR
1 11 (7.38%) Dodd-Frank
2 10 (6.71%) GAAP
3 7 (4.70%) AIFMD
4 4 (2.68%) Data Quality
5 3 (2.01%) Basel II
6 1 (0.67%) QA
6 1 (0.67%) Basel III
System Software
1 1 (0.67%) Active Directory
Systems Management
1 1 (0.67%) HP Quality Center
Vendors
1 21 (14.09%) Oracle
2 11 (7.38%) Microsoft
3 8 (5.37%) HP
4 7 (4.70%) Cognos
5 6 (4.03%) Informatica
6 4 (2.68%) IBM
6 4 (2.68%) Sun
7 3 (2.01%) Bloomberg
7 3 (2.01%) Tableau
8 2 (1.34%) Guidewire
9 1 (0.67%) SmartCo
9 1 (0.67%) Cloudera
9 1 (0.67%) Charles River
9 1 (0.67%) VMware
London
HFG
Rate: £450 - £500 per day
Posted: 2 days ago
London
Real Staffing
Rate: £600 per day + competitive
Posted: 3 days ago
London
HFG
Rate: £500 - £600 per day
Posted: 15 days ago