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 27 May 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
27 May 2015
Same period 2014 Same period 2013
Solvency II
Rank 303 375 360
Rank change year-on-year
+72 -15
Contract jobs citing Solvency II 87 28 28
As % of all contract IT jobs located in London 0.38% 0.12% 0.13%
As % of the Quality Assurance & Compliance category 4.79% 1.45% 1.51%
Number of daily rates quoted 58 22 20
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £500 £500
Average daily rate % change year-on-year
+10.00% -
90% offered a daily rate of more than £418 £425 £388
10% offered a daily rate of more than £700 £589 £528
UK excluding London average daily rate £470 £451 £383
% change year-on-year
+4.32% +17.77%
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
1815 1925 1853
As % of all contract IT jobs located in London 8.03% 8.48% 8.56%
Number of daily rates quoted 1280 1384 1293
Average daily rate £475 £450 £475
Average daily rate % change year-on-year
+5.55% -5.26%
90% offered a daily rate of more than £300 £278 £300
10% offered a daily rate of more than £625 £625 £625
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 21 25 31
Average hourly rate £20.00 £23.00 £32.00
Average hourly rate % change year-on-year
-13.04% -28.12%
90% offered a hourly rate of more than £12.80 £14.60 £13.97
10% offered a hourly rate of more than £117.00 £75.00 £135.00
UK excluding London average hourly rate £21.55 £21.00 £17.75
% change year-on-year
+2.61% +18.30%

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 27 May 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 27 May 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 +24 35 £481 -8.33% 4
Bromley - 1 £475 -
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 27 May 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 94 (57.32%) Finance
2 39 (23.78%) SQL
3 36 (21.95%) Stakeholder Management
4 35 (21.34%) Data Warehouse
5 23 (14.02%) ETL
6 21 (12.80%) Business Intelligence
6 21 (12.80%) Project Management
7 20 (12.20%) Cognos
8 19 (11.59%) Business Analysis
8 19 (11.59%) Analytical Skills
9 18 (10.98%) Data Modelling
10 15 (9.15%) Cognos TM1
10 15 (9.15%) Data Analysis
11 14 (8.54%) Migration
12 13 (7.93%) Asset Management
12 13 (7.93%) GAAP
12 13 (7.93%) IBM
13 12 (7.32%) OLAP
13 12 (7.32%) PL/SQL
13 12 (7.32%) Risk Management
14 11 (6.71%) Oracle
14 11 (6.71%) SQL Server
14 11 (6.71%) User Acceptance Testing
15 10 (6.10%) SQL Server Integration Services
15 10 (6.10%) T-SQL
15 10 (6.10%) Advertising
16 9 (5.49%) Change Management
16 9 (5.49%) GAP Analysis
16 9 (5.49%) Data Mart
16 9 (5.49%) Data Migration

Solvency II
Top Related IT Skills in London by Category

For the 6 months to 27 May 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 6 (3.66%) SharePoint
2 3 (1.83%) SAS
Applications
1 8 (4.88%) MS Project
1 8 (4.88%) MS Office
2 7 (4.27%) MS Visio
3 4 (2.44%) MS Excel
4 1 (0.61%) MS PowerPoint
Business Applications
1 15 (9.15%) Cognos TM1
2 6 (3.66%) Cognos Business Intelligence
3 5 (3.05%) Markit EDM
4 3 (1.83%) Oracle General Ledger
Communications & Networking
1 3 (1.83%) IMAP
2 1 (0.61%) DHCP
2 1 (0.61%) FTP
Database & Business Intelligence
1 35 (21.34%) Data Warehouse
2 12 (7.32%) OLAP
3 11 (6.71%) SQL Server
4 10 (6.10%) SQL Server Integration Services
5 9 (5.49%) Data Mart
6 8 (4.88%) SQL Server Analysis Services
6 8 (4.88%) SQL Server Reporting Services
7 7 (4.27%) Relational Database
8 6 (3.66%) OLAP Cube
9 3 (1.83%) Big Data
10 2 (1.22%) Hadoop
10 2 (1.22%) PowerCenter
10 2 (1.22%) Oracle Reports
10 2 (1.22%) Oracle Database
11 1 (0.61%) Data Mining
11 1 (0.61%) Snowflake Schema
11 1 (0.61%) DataStage
11 1 (0.61%) Microsoft Analysis Services
11 1 (0.61%) SQL Server 2012
11 1 (0.61%) Base SAS
Development Applications
1 2 (1.22%) Subversion
General
1 94 (57.32%) Finance
2 10 (6.10%) Advertising
3 6 (3.66%) Back Office
3 6 (3.66%) General Ledger
4 4 (2.44%) Banking
5 1 (0.61%) Investment Banking
5 1 (0.61%) Front Office
Job Titles
1 81 (49.39%) Analyst
2 55 (33.54%) Business Analyst
3 33 (20.12%) Project Manager
4 27 (16.46%) Solvency II Business Analyst
5 20 (12.20%) Developer
6 18 (10.98%) Data Analyst
7 17 (10.37%) Solvency II Project Manager
8 15 (9.15%) Insurance Business Analyst
9 7 (4.27%) Business Intelligence Developer
9 7 (4.27%) TM1 Developer
9 7 (4.27%) Test Analyst
10 6 (3.66%) Data Warehouse Analyst
10 6 (3.66%) Business Data Analyst
10 6 (3.66%) Designer
11 5 (3.05%) Consultant
11 5 (3.05%) Programme Manager
12 4 (2.44%) Systems Analyst
12 4 (2.44%) Data Business Analyst
12 4 (2.44%) Financial Business Analyst
13 3 (1.83%) Business Manager
Libraries, Frameworks & Software Standards
1 3 (1.83%) .NET
2 2 (1.22%) XML
3 1 (0.61%) .NET Framework
3 1 (0.61%) COM
Miscellaneous
1 19 (11.59%) Analytical Skills
2 8 (4.88%) Data Extraction
3 5 (3.05%) Data Integration
3 5 (3.05%) Derivative
4 4 (2.44%) Visualisation
4 4 (2.44%) Reference Data
5 3 (1.83%) Management Information System
5 3 (1.83%) Social Media
6 1 (0.61%) DTCC
6 1 (0.61%) Credit Risk
6 1 (0.61%) Market Risk
6 1 (0.61%) Fixed Income
6 1 (0.61%) Equities
Operating Systems
1 4 (2.44%) UNIX
2 1 (0.61%) Windows
Processes & Methodologies
1 36 (21.95%) Stakeholder Management
2 23 (14.02%) ETL
3 21 (12.80%) Business Intelligence
3 21 (12.80%) Project Management
4 19 (11.59%) Business Analysis
5 18 (10.98%) Data Modelling
6 15 (9.15%) Data Analysis
7 14 (8.54%) Migration
8 13 (7.93%) Asset Management
9 12 (7.32%) Risk Management
10 11 (6.71%) User Acceptance Testing
11 9 (5.49%) GAP Analysis
11 9 (5.49%) Change Management
11 9 (5.49%) Data Migration
12 8 (4.88%) Data Governance
12 8 (4.88%) Investment Management
12 8 (4.88%) Resource Management
13 7 (4.27%) Supplier Management
13 7 (4.27%) Dependency Management
14 6 (3.66%) Business Process Mapping
Programming Languages
1 39 (23.78%) SQL
2 12 (7.32%) PL/SQL
3 10 (6.10%) T-SQL
4 4 (2.44%) Shell Script
5 3 (1.83%) VBA
6 2 (1.22%) C#
7 1 (0.61%) C
Qualifications
1 5 (3.05%) Degree
2 4 (2.44%) ISTQB
3 3 (1.83%) ISTQB Advanced Certification
4 1 (0.61%) Six Sigma Green Belt
4 1 (0.61%) ISEB
4 1 (0.61%) SAS Certification
Quality Assurance & Compliance
1 13 (7.93%) GAAP
2 8 (4.88%) Data Quality
3 4 (2.44%) AIFMD
4 3 (1.83%) Basel II
5 2 (1.22%) EMIR
5 2 (1.22%) Dodd-Frank
5 2 (1.22%) MiFID
5 2 (1.22%) QA
6 1 (0.61%) Basel III
System Software
1 1 (0.61%) Active Directory
Systems Management
1 1 (0.61%) HP Quality Center
Vendors
1 20 (12.20%) Cognos
2 13 (7.93%) IBM
3 11 (6.71%) Oracle
4 6 (3.66%) Microsoft
4 6 (3.66%) Sun
5 4 (2.44%) HP
6 3 (1.83%) Informatica
6 3 (1.83%) Business Objects
7 2 (1.22%) Guidewire
8 1 (0.61%) SAP
8 1 (0.61%) Reuters
8 1 (0.61%) Bloomberg
8 1 (0.61%) Charles River
8 1 (0.61%) VMware
8 1 (0.61%) Netezza
8 1 (0.61%) Cloudera
City, London
Vadis People
Rate: circ £475 -£500 per day
Posted: 4 days ago
London
Vadis People
Rate: circ £475 -£500 per day
Posted: 4 days ago
London
IPS
Rate: market rates
Posted: 5 days ago
London
HFG
Rate: £700 - £900 per day
Posted: 6 days ago
London
HFG
Rate: £450 - £650 per day
Posted: 7 days ago
London
HFG
Rate: £650 per day
Posted: 20 days ago
London
HFG
Rate: £700 - £800 per day
Posted: 21 days ago