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 25 June 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
25 Jun 2016
Same period 2015 Same period 2014
Solvency II
Rank 346 339 393
Rank change year-on-year
-7 +54
Contract jobs citing Solvency II 77 97 30
As % of all contract IT jobs located in London 0.36% 0.42% 0.13%
As % of the Quality Assurance & Compliance category 3.91% 4.54% 1.36%
Number of daily rates quoted 66 69 18
Median daily rate £540 £550 £500
Median daily rate % change year-on-year
-1.81% +10.00%
90% offered a daily rate of more than £450 £414 £410
10% offered a daily rate of more than £688 £700 £579
UK excluding London median daily rate £450 £465 £450
% change year-on-year
-3.22% +3.33%
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
1971 2138 2201
As % of all contract IT jobs located in London 9.23% 9.15% 9.42%
Number of daily rates quoted 1382 1531 1536
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £302 £300 £275
10% offered a daily rate of more than £636 £640 £625
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 23 30 22
Median hourly rate £20.87 £20.00 £22.50
Median hourly rate % change year-on-year
+4.32% -11.11%
90% offered a hourly rate of more than £13.25 £14.80 £15.30
10% offered a hourly rate of more than £42.75 £104.00 £48.87
UK excluding London median hourly rate £28.50 £24.75 £21.00
% change year-on-year
+15.15% +17.85%

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 25 June 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 25 June 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 +20 40 £545 +14.73% 3
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 25 June 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 63 (48.09%) Finance
2 33 (25.19%) SQL
3 28 (21.37%) Business Intelligence
4 23 (17.56%) ETL
5 22 (16.79%) Data Warehouse
5 22 (16.79%) Data Modelling
5 22 (16.79%) Data Analysis
6 19 (14.50%) SQL Server
7 18 (13.74%) Business Analysis
8 15 (11.45%) Project Management
8 15 (11.45%) Test Scripting
9 14 (10.69%) Asset Management
10 12 (9.16%) Data Management
10 12 (9.16%) Stakeholder Management
10 12 (9.16%) SQL Server Integration Services
10 12 (9.16%) Data Quality
10 12 (9.16%) SDLC
11 11 (8.40%) Analytical Skills
11 11 (8.40%) SQL Server Reporting Services
12 10 (7.63%) GAP Analysis
12 10 (7.63%) SQL Server Analysis Services
13 9 (6.87%) Data Lineage
13 9 (6.87%) Migration
13 9 (6.87%) Enterprise Architecture
14 8 (6.11%) Microsoft
14 8 (6.11%) Data Migration
15 7 (5.34%) Confluence
15 7 (5.34%) Markit EDM
15 7 (5.34%) JIRA
15 7 (5.34%) ERwin

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 (5.34%) Confluence
2 1 (0.76%) SAS
2 1 (0.76%) SharePoint
Applications
1 2 (1.53%) MS Excel
2 1 (0.76%) MS Office
2 1 (0.76%) MS PowerPoint
2 1 (0.76%) MS Project
2 1 (0.76%) MS Visio
2 1 (0.76%) Spreadsheet
Business Applications
1 7 (5.34%) Markit EDM
2 1 (0.76%) HFM
2 1 (0.76%) ReMetrica
2 1 (0.76%) Towers Watson Igloo
Communications & Networking
1 1 (0.76%) IMAP
Database & Business Intelligence
1 22 (16.79%) Data Warehouse
2 19 (14.50%) SQL Server
3 12 (9.16%) SQL Server Integration Services
4 11 (8.40%) SQL Server Reporting Services
5 10 (7.63%) SQL Server Analysis Services
6 4 (3.05%) Enterprise Data Warehouse
7 3 (2.29%) Microsoft Analysis Services
8 2 (1.53%) QlikView
9 1 (0.76%) Big Data
9 1 (0.76%) BusinessObjects
9 1 (0.76%) Data Mining
9 1 (0.76%) Oracle Database
9 1 (0.76%) Power BI
9 1 (0.76%) Relational Database
9 1 (0.76%) SAP Data Services
9 1 (0.76%) SQL Server 2008
Development Applications
1 7 (5.34%) ERwin
1 7 (5.34%) JIRA
2 1 (0.76%) FitNesse
2 1 (0.76%) MSI
General
1 63 (48.09%) Finance
2 6 (4.58%) Legal
3 3 (2.29%) Advertising
4 2 (1.53%) General Ledger
5 1 (0.76%) Back Office
5 1 (0.76%) Banking
5 1 (0.76%) Investment Banking
Job Titles
1 67 (51.15%) Analyst
2 38 (29.01%) Business Analyst
3 32 (24.43%) Solvency II Business Analyst
4 24 (18.32%) Architect
5 18 (13.74%) Developer
6 17 (12.98%) Project Manager
7 16 (12.21%) Insurance Business Analyst
8 11 (8.40%) Data Architect
8 11 (8.40%) SQL Analyst
9 10 (7.63%) Data Business Analyst
9 10 (7.63%) SQL Developer
10 9 (6.87%) Solutions Architect
11 8 (6.11%) Business Intelligence Developer
11 8 (6.11%) Solvency II Project Manager
11 8 (6.11%) Test Analyst
12 7 (5.34%) Analyst Developer
12 7 (5.34%) SSIS Developer
12 7 (5.34%) SSRS Developer
13 6 (4.58%) Data Analyst
13 6 (4.58%) Data Warehouse Developer
Libraries, Frameworks & Software Standards
1 7 (5.34%) FpML
1 7 (5.34%) XML
2 6 (4.58%) MDX
3 5 (3.82%) FIX Protocol
4 1 (0.76%) .NET
Miscellaneous
1 11 (8.40%) Analytical Skills
2 4 (3.05%) Reference Data
2 4 (3.05%) Reinsurance
3 3 (2.29%) Derivative
3 3 (2.29%) Virtual Team
4 2 (1.53%) Data Integration
4 2 (1.53%) Foreign Exchange (FX)
4 2 (1.53%) Visualisation
5 1 (0.76%) Computer Science
5 1 (0.76%) Data Extraction
5 1 (0.76%) Social Media
5 1 (0.76%) Tandem
Processes & Methodologies
1 28 (21.37%) Business Intelligence
2 23 (17.56%) ETL
3 22 (16.79%) Data Analysis
3 22 (16.79%) Data Modelling
4 18 (13.74%) Business Analysis
5 15 (11.45%) Project Management
5 15 (11.45%) Test Scripting
6 14 (10.69%) Asset Management
7 12 (9.16%) Data Management
7 12 (9.16%) SDLC
7 12 (9.16%) Stakeholder Management
8 10 (7.63%) GAP Analysis
9 9 (6.87%) Data Lineage
9 9 (6.87%) Enterprise Architecture
9 9 (6.87%) Migration
10 8 (6.11%) Data Migration
11 7 (5.34%) UML
12 6 (4.58%) Data Governance
12 6 (4.58%) Investment Management
13 5 (3.82%) Analytics
Programming Languages
1 33 (25.19%) SQL
2 5 (3.82%) T-SQL
3 3 (2.29%) Shell Script
4 2 (1.53%) VBA
5 1 (0.76%) C
Qualifications
1 6 (4.58%) ACCA
1 6 (4.58%) CIMA
2 5 (3.82%) ISEB
3 2 (1.53%) Degree
4 1 (0.76%) ISEB Practitioner
Quality Assurance & Compliance
1 12 (9.16%) Data Quality
2 6 (4.58%) GAAP
2 6 (4.58%) QA
3 1 (0.76%) Basel II
Systems Management
1 1 (0.76%) HP Quality Center
Vendors
1 8 (6.11%) Microsoft
2 5 (3.82%) Bloomberg
3 3 (2.29%) Tableau
4 2 (1.53%) Cognos
4 2 (1.53%) Microgen
4 2 (1.53%) Murex
4 2 (1.53%) Oracle
5 1 (0.76%) HP
5 1 (0.76%) SAP
City, London
Red10
Rate: £500 - £525 per annum
Posted: 5 days ago