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 contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 30 September 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
30 Sep 2016
Same period 2015 Same period 2014
Solvency II
Rank 367 390 404
Rank change year-on-year
+23 +14
Contract jobs citing Solvency II 63 56 33
As % of all contract IT jobs located in London 0.28% 0.24% 0.13%
As % of the Quality Assurance & Compliance category 2.84% 2.49% 1.38%
Number of daily rates quoted 58 38 27
Median daily rate £475 £500 £525
Median daily rate % change year-on-year
-5.00% -4.76%
90% offered a daily rate of more than £400 £418 £400
10% offered a daily rate of more than £650 £583 £900
UK excluding London median daily rate £525 £625 £475
% change year-on-year
-16.00% +31.57%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
2217 2253 2383
As % of all contract IT jobs located in London 9.72% 9.67% 9.66%
Number of daily rates quoted 1593 1518 1668
Median daily rate £463 £460 £450
Median daily rate % change year-on-year
+0.54% +2.22%
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £625 £600 £605
UK excluding London median daily rate £400 £413 £375
% change year-on-year
-3.03% +10.00%
Number of hourly rates quoted 31 30 35
Median hourly rate £16.66 £18.25 £20.00
Median hourly rate % change year-on-year
-8.73% -8.75%
90% offered a hourly rate of more than £12.10 £11.90 £13.23
10% offered a hourly rate of more than £24.57 £87.25 £150.00
UK excluding London median hourly rate £32.00 £28.00 £20.00
% change year-on-year
+14.28% +40.00%

Solvency II
Jobs Demand Trend in London

The demand trend of contract jobs across the London 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 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 30 September 2016.

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 median contractor rates quoted in IT jobs citing Solvency II within the London region over the 3 months to 30 September 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
City of London +33 31 £457 -3.84%
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 30 September 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 London region with a requirement for Solvency II.

1 67 (46.53%) Finance
2 40 (27.78%) SQL
3 25 (17.36%) Data Warehouse
4 24 (16.67%) Data Analysis
5 21 (14.58%) Business Analysis
5 21 (14.58%) ETL
6 20 (13.89%) SQL Server
7 18 (12.50%) Business Intelligence
8 17 (11.81%) Microsoft
9 16 (11.11%) Data Modelling
10 15 (10.42%) Data Quality
10 15 (10.42%) Analytical Skills
11 14 (9.72%) Test Scripting
12 13 (9.03%) Asset Management
13 12 (8.33%) Data Management
13 12 (8.33%) Agile Software Development
13 12 (8.33%) Stakeholder Management
14 11 (7.64%) SQL Server Integration Services
14 11 (7.64%) MS Excel
15 10 (6.94%) Project Management
15 10 (6.94%) GAP Analysis
15 10 (6.94%) Enterprise Architecture
16 9 (6.25%) Legal
16 9 (6.25%) Migration
16 9 (6.25%) Customer Insight
17 8 (5.56%) Analytics
17 8 (5.56%) Data Migration
17 8 (5.56%) SDLC
17 8 (5.56%) UML
17 8 (5.56%) JIRA

Solvency II
Top Related IT Skills in London 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 7 (4.86%) Confluence
2 1 (0.69%) SAS
2 1 (0.69%) SharePoint
Applications
1 11 (7.64%) MS Excel
2 6 (4.17%) MS Office
3 5 (3.47%) MS PowerPoint
4 1 (0.69%) MS Project
4 1 (0.69%) MS Visio
Business Applications
1 3 (2.08%) Markit EDM
2 1 (0.69%) ReMetrica
2 1 (0.69%) Towers Watson Igloo
Database & Business Intelligence
1 25 (17.36%) Data Warehouse
2 20 (13.89%) SQL Server
3 11 (7.64%) SQL Server Integration Services
4 5 (3.47%) Data Mining
4 5 (3.47%) SQL Server Reporting Services
5 4 (2.78%) Enterprise Data Warehouse
5 4 (2.78%) SQL Server Analysis Services
6 2 (1.39%) MS Access
7 1 (0.69%) Big Data
7 1 (0.69%) BusinessObjects
7 1 (0.69%) Data Lake
7 1 (0.69%) Microsoft Analysis Services
7 1 (0.69%) Oracle Database
7 1 (0.69%) QlikView
7 1 (0.69%) Relational Database
7 1 (0.69%) SQL Server 2008
Development Applications
1 8 (5.56%) JIRA
2 7 (4.86%) ERwin
3 1 (0.69%) FitNesse
3 1 (0.69%) Team Foundation Server
General
1 67 (46.53%) Finance
2 9 (6.25%) Legal
3 3 (2.08%) Advertising
4 2 (1.39%) Banking
4 2 (1.39%) General Ledger
5 1 (0.69%) Investment Banking
5 1 (0.69%) Publishing
Job Titles
1 67 (46.53%) Analyst
2 40 (27.78%) Business Analyst
3 30 (20.83%) Solvency II Business Analyst
4 25 (17.36%) Architect
5 17 (11.81%) Project Manager
6 14 (9.72%) Developer
7 13 (9.03%) Test Analyst
8 11 (7.64%) Data Architect
8 11 (7.64%) Insurance Business Analyst
9 10 (6.94%) Data Analyst
9 10 (6.94%) Solutions Architect
10 8 (5.56%) SSIS Developer
11 7 (4.86%) Solvency II Project Manager
12 6 (4.17%) Business Architect
12 6 (4.17%) Business Intelligence Architect
12 6 (4.17%) Business Test Analyst
12 6 (4.17%) Data Business Analyst
12 6 (4.17%) Senior Analyst
13 5 (3.47%) Business Intelligence Developer
13 5 (3.47%) Transition Manager
Libraries, Frameworks & Software Standards
1 7 (4.86%) FpML
1 7 (4.86%) XML
2 5 (3.47%) FIX Protocol
3 2 (1.39%) MDX
4 1 (0.69%) .NET
Miscellaneous
1 15 (10.42%) Analytical Skills
2 5 (3.47%) Reinsurance
3 3 (2.08%) Credit Risk
3 3 (2.08%) Data Extraction
3 3 (2.08%) Virtual Team
4 2 (1.39%) Derivative
4 2 (1.39%) Foreign Exchange (FX)
5 1 (0.69%) Computer Science
5 1 (0.69%) Data Integration
5 1 (0.69%) Management Information System
5 1 (0.69%) Reference Data
5 1 (0.69%) Social Media
5 1 (0.69%) Tandem
5 1 (0.69%) Visualisation
Processes & Methodologies
1 24 (16.67%) Data Analysis
2 21 (14.58%) Business Analysis
2 21 (14.58%) ETL
3 18 (12.50%) Business Intelligence
4 16 (11.11%) Data Modelling
5 14 (9.72%) Test Scripting
6 13 (9.03%) Asset Management
7 12 (8.33%) Agile Software Development
7 12 (8.33%) Data Management
7 12 (8.33%) Stakeholder Management
8 10 (6.94%) Enterprise Architecture
8 10 (6.94%) GAP Analysis
8 10 (6.94%) Project Management
9 9 (6.25%) Customer Insight
9 9 (6.25%) Migration
10 8 (5.56%) Analytics
10 8 (5.56%) Data Migration
10 8 (5.56%) SDLC
10 8 (5.56%) UML
11 7 (4.86%) User Acceptance Testing
Programming Languages
1 40 (27.78%) SQL
2 6 (4.17%) T-SQL
2 6 (4.17%) VBA
3 3 (2.08%) Shell Script
4 1 (0.69%) C#
Qualifications
1 2 (1.39%) Degree
2 1 (0.69%) ACCA
2 1 (0.69%) CIMA
2 1 (0.69%) ISEB
2 1 (0.69%) ISEB Practitioner
Quality Assurance & Compliance
1 15 (10.42%) Data Quality
2 3 (2.08%) QA
3 2 (1.39%) MiFID
4 1 (0.69%) Basel II
4 1 (0.69%) GAAP
4 1 (0.69%) PCI DSS
4 1 (0.69%) UCITS
Systems Management
1 2 (1.39%) HP Quality Center
Vendors
1 17 (11.81%) Microsoft
2 2 (1.39%) Microgen
2 2 (1.39%) Murex
2 2 (1.39%) Oracle
3 1 (0.69%) Bloomberg
3 1 (0.69%) HP
3 1 (0.69%) Tableau