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 31 July 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
31 Jul 2015
Same period 2014 Same period 2013
Solvency II
Rank 341 390 408
Rank change year-on-year
+49 +18
Contract jobs citing Solvency II 84 33 12
As % of all contract IT jobs located in London 0.36% 0.14% 0.049%
As % of the Quality Assurance & Compliance category 4.26% 1.81% 0.59%
Number of daily rates quoted 57 23 10
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £500 £509
Average daily rate % change year-on-year
+10.00% -1.71%
90% offered a daily rate of more than £400 £425 £399
10% offered a daily rate of more than £700 £590 £560
UK excluding London average daily rate £500 £450 £425
% change year-on-year
+11.11% +5.88%
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
1971 1826 2042
As % of all contract IT jobs located in London 8.40% 7.76% 8.42%
Number of daily rates quoted 1405 1256 1435
Average daily rate £475 £435 £475
Average daily rate % change year-on-year
+9.19% -8.42%
90% offered a daily rate of more than £275 £263 £300
10% offered a daily rate of more than £625 £600 £650
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 26 20 24
Average hourly rate £21.50 £19.00 £23.40
Average hourly rate % change year-on-year
+13.15% -18.80%
90% offered a hourly rate of more than £14.00 £12.95 £12.79
10% offered a hourly rate of more than £66.40 £63.25 £42.10
UK excluding London average hourly rate £21.55 £20.50 £17.50
% change year-on-year
+5.12% +17.14%

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 31 July 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 31 July 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 +16 37 £444 -15.47% 4
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 31 July 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 95 (59.38%) Finance
2 46 (28.75%) SQL
3 36 (22.50%) Stakeholder Management
4 35 (21.88%) Data Warehouse
5 32 (20.00%) Business Intelligence
6 26 (16.25%) ETL
7 21 (13.13%) SQL Server
7 21 (13.13%) Asset Management
8 20 (12.50%) Data Modelling
9 19 (11.88%) Oracle
9 19 (11.88%) Migration
10 17 (10.63%) Analytical Skills
11 16 (10.00%) PL/SQL
12 15 (9.38%) OLAP
12 15 (9.38%) Project Management
12 15 (9.38%) SQL Server Reporting Services
12 15 (9.38%) SQL Server Integration Services
12 15 (9.38%) Investment Management
13 14 (8.75%) Business Analysis
13 14 (8.75%) GAAP
14 13 (8.13%) User Acceptance Testing
15 12 (7.50%) SQL Server Analysis Services
15 12 (7.50%) Data Analysis
16 11 (6.88%) T-SQL
17 10 (6.25%) Data Migration
17 10 (6.25%) MiFID
17 10 (6.25%) Performance Tuning
17 10 (6.25%) Relational Database
17 10 (6.25%) EMIR
17 10 (6.25%) Dodd-Frank

Solvency II
Top Related IT Skills in London by Category

For the 6 months to 31 July 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 4 (2.50%) SharePoint
2 2 (1.25%) SAS
Applications
1 5 (3.13%) MS Office
1 5 (3.13%) MS Excel
2 3 (1.88%) MS Visio
2 3 (1.88%) MS Project
3 1 (0.63%) MS PowerPoint
Business Applications
1 7 (4.38%) Cognos TM1
2 4 (2.50%) Cognos Business Intelligence
2 4 (2.50%) Markit EDM
3 3 (1.88%) Oracle General Ledger
4 1 (0.63%) Oracle Financials
Communications & Networking
1 1 (0.63%) DHCP
1 1 (0.63%) FTP
1 1 (0.63%) IMAP
Database & Business Intelligence
1 35 (21.88%) Data Warehouse
2 21 (13.13%) SQL Server
3 15 (9.38%) OLAP
3 15 (9.38%) SQL Server Reporting Services
3 15 (9.38%) SQL Server Integration Services
4 12 (7.50%) SQL Server Analysis Services
5 10 (6.25%) Data Mart
5 10 (6.25%) Relational Database
6 7 (4.38%) OLAP Cube
7 6 (3.75%) Oracle Database
7 6 (3.75%) Oracle Reports
8 4 (2.50%) Data Mining
9 3 (1.88%) BusinessObjects
9 3 (1.88%) Big Data
10 2 (1.25%) Hadoop
10 2 (1.25%) PowerCenter
11 1 (0.63%) DataStage
11 1 (0.63%) Microsoft Analysis Services
11 1 (0.63%) RDBMS
11 1 (0.63%) SQL Server 2008
Development Applications
1 6 (3.75%) Subversion
2 1 (0.63%) JIRA
2 1 (0.63%) Visual Studio
General
1 95 (59.38%) Finance
2 6 (3.75%) Back Office
2 6 (3.75%) Banking
2 6 (3.75%) General Ledger
3 3 (1.88%) Front Office
3 3 (1.88%) Advertising
4 2 (1.25%) Marketing
5 1 (0.63%) Retail
Job Titles
1 77 (48.13%) Analyst
2 56 (35.00%) Business Analyst
3 32 (20.00%) Developer
4 26 (16.25%) Solvency II Business Analyst
5 24 (15.00%) Project Manager
6 14 (8.75%) Data Analyst
6 14 (8.75%) Insurance Business Analyst
7 13 (8.13%) Business Intelligence Developer
8 11 (6.88%) Solvency II Project Manager
9 9 (5.63%) TM1 Developer
9 9 (5.63%) SQL Developer
10 7 (4.38%) Senior Analyst
11 6 (3.75%) PL/SQL Developer
11 6 (3.75%) Test Analyst
11 6 (3.75%) Finance Project Manager
11 6 (3.75%) Business Data Analyst
11 6 (3.75%) Business Manager
12 5 (3.13%) Financial Business Analyst
12 5 (3.13%) Senior Business Analyst
12 5 (3.13%) Data Warehouse Developer
Libraries, Frameworks & Software Standards
1 4 (2.50%) .NET
2 2 (1.25%) XML
3 1 (0.63%) .NET Framework
3 1 (0.63%) MDX
3 1 (0.63%) ASP.NET
3 1 (0.63%) COM
Miscellaneous
1 17 (10.63%) Analytical Skills
2 9 (5.63%) Data Integration
2 9 (5.63%) Fixed Income
3 5 (3.13%) Derivative
4 4 (2.50%) Visualisation
4 4 (2.50%) Data Extraction
5 3 (1.88%) Reference Data
5 3 (1.88%) Social Media
5 3 (1.88%) Management Information System
6 2 (1.25%) DTCC
6 2 (1.25%) Foreign Exchange (FX)
7 1 (0.63%) Hedge funds
7 1 (0.63%) Mathematics
7 1 (0.63%) Credit Risk
7 1 (0.63%) Replication
7 1 (0.63%) Equities
Operating Systems
1 8 (5.00%) UNIX
2 1 (0.63%) Windows
Processes & Methodologies
1 36 (22.50%) Stakeholder Management
2 32 (20.00%) Business Intelligence
3 26 (16.25%) ETL
4 21 (13.13%) Asset Management
5 20 (12.50%) Data Modelling
6 19 (11.88%) Migration
7 15 (9.38%) Project Management
7 15 (9.38%) Investment Management
8 14 (8.75%) Business Analysis
9 13 (8.13%) User Acceptance Testing
10 12 (7.50%) Data Analysis
11 10 (6.25%) Data Migration
11 10 (6.25%) Performance Tuning
12 7 (4.38%) Data Management
13 6 (3.75%) Fund Management
13 6 (3.75%) ETL Development
13 6 (3.75%) Data Governance
14 5 (3.13%) Risk Management
15 4 (2.50%) Business Transformation
15 4 (2.50%) Master Data Management
Programming Languages
1 46 (28.75%) SQL
2 16 (10.00%) PL/SQL
3 11 (6.88%) T-SQL
4 8 (5.00%) Shell Script
5 6 (3.75%) VBA
6 3 (1.88%) C#
7 1 (0.63%) C
7 1 (0.63%) VB.NET
Qualifications
1 7 (4.38%) Degree
2 3 (1.88%) ISTQB
3 2 (1.25%) ISTQB Advanced Certification
4 1 (0.63%) APMP
4 1 (0.63%) Six Sigma Green Belt
4 1 (0.63%) ISEB
4 1 (0.63%) SAS Certification
Quality Assurance & Compliance
1 14 (8.75%) GAAP
2 10 (6.25%) MiFID
2 10 (6.25%) EMIR
2 10 (6.25%) Dodd-Frank
3 8 (5.00%) AIFMD
4 5 (3.13%) Data Quality
5 3 (1.88%) Basel II
6 2 (1.25%) QA
7 1 (0.63%) Basel III
System Software
1 1 (0.63%) Active Directory
Systems Management
1 2 (1.25%) HP Quality Center
Vendors
1 19 (11.88%) Oracle
2 10 (6.25%) Cognos
3 9 (5.63%) HP
4 8 (5.00%) Microsoft
5 5 (3.13%) Sun
5 5 (3.13%) IBM
5 5 (3.13%) Informatica
6 2 (1.25%) Bloomberg
6 2 (1.25%) Guidewire
7 1 (0.63%) Charles River
7 1 (0.63%) VMware
7 1 (0.63%) Cloudera
London
Ashdown IT
Rate: £800 per day
Posted: Yesterday
London
Real Staffing
Rate: competitive
Posted: 12 days ago
London
Real Staffing
Rate: £600 per day + competitive
Posted: 25 days ago