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 29 July 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
29 Jul 2016
Same period 2015 Same period 2014
Solvency II
Rank 356 340 398
Rank change year-on-year
-16 +58
Contract jobs citing Solvency II 78 93 33
As % of all contract IT jobs located in London 0.35% 0.39% 0.14%
As % of the Quality Assurance & Compliance category 3.92% 4.11% 1.50%
Number of daily rates quoted 68 66 23
Median daily rate £534 £480 £500
Median daily rate % change year-on-year
+11.19% -4.00%
90% offered a daily rate of more than £393 £400 £425
10% offered a daily rate of more than £683 £700 £590
UK excluding London median daily rate £505 £500 £450
% change year-on-year
+1.00% +11.11%
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
1992 2264 2201
As % of all contract IT jobs located in London 9.00% 9.61% 9.31%
Number of daily rates quoted 1392 1630 1502
Median daily rate £475 £475 £440
Median daily rate % change year-on-year
- +7.95%
90% offered a daily rate of more than £300 £275 £270
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 24 29 24
Median hourly rate £20.00 £20.00 £20.00
90% offered a hourly rate of more than £13.80 £14.40 £13.23
10% offered a hourly rate of more than £59.20 £154.00 £142.50
UK excluding London median hourly rate £28.00 £22.50 £21.00
% change year-on-year
+24.44% +7.14%

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 29 July 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 29 July 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 +40 38 £513 +7.89% 2
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 29 July 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 66 (49.62%) Finance
2 43 (32.33%) SQL
3 30 (22.56%) Data Warehouse
4 27 (20.30%) Business Intelligence
5 25 (18.80%) ETL
5 25 (18.80%) Data Analysis
6 23 (17.29%) SQL Server
7 22 (16.54%) Data Modelling
8 18 (13.53%) Business Analysis
9 17 (12.78%) SQL Server Integration Services
10 15 (11.28%) Asset Management
10 15 (11.28%) Test Scripting
11 14 (10.53%) Analytical Skills
12 13 (9.77%) Data Management
12 13 (9.77%) Data Quality
13 12 (9.02%) SQL Server Analysis Services
13 12 (9.02%) Stakeholder Management
14 11 (8.27%) Microsoft
14 11 (8.27%) SQL Server Reporting Services
15 10 (7.52%) Agile Software Development
15 10 (7.52%) Enterprise Architecture
15 10 (7.52%) GAP Analysis
16 9 (6.77%) Project Management
16 9 (6.77%) T-SQL
16 9 (6.77%) Migration
17 8 (6.02%) MDX
17 8 (6.02%) JIRA
17 8 (6.02%) Legal
17 8 (6.02%) SDLC
17 8 (6.02%) Investment Management

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 (5.26%) Confluence
2 1 (0.75%) SAS
2 1 (0.75%) SharePoint
Applications
1 5 (3.76%) MS Excel
2 3 (2.26%) MS Office
3 2 (1.50%) MS PowerPoint
4 1 (0.75%) MS Project
4 1 (0.75%) MS Visio
Business Applications
1 7 (5.26%) Markit EDM
2 1 (0.75%) ReMetrica
2 1 (0.75%) Towers Watson Igloo
Database & Business Intelligence
1 30 (22.56%) Data Warehouse
2 23 (17.29%) SQL Server
3 17 (12.78%) SQL Server Integration Services
4 12 (9.02%) SQL Server Analysis Services
5 11 (8.27%) SQL Server Reporting Services
6 4 (3.01%) Enterprise Data Warehouse
6 4 (3.01%) Microsoft Analysis Services
7 3 (2.26%) Data Mining
8 2 (1.50%) QlikView
9 1 (0.75%) Big Data
9 1 (0.75%) BusinessObjects
9 1 (0.75%) Data Lake
9 1 (0.75%) Oracle Database
9 1 (0.75%) Power BI
9 1 (0.75%) Relational Database
9 1 (0.75%) SQL Server 2008
Development Applications
1 8 (6.02%) JIRA
2 7 (5.26%) ERwin
3 1 (0.75%) FitNesse
General
1 66 (49.62%) Finance
2 8 (6.02%) Legal
3 2 (1.50%) Advertising
3 2 (1.50%) General Ledger
4 1 (0.75%) Back Office
4 1 (0.75%) Banking
4 1 (0.75%) Investment Banking
4 1 (0.75%) Publishing
Job Titles
1 72 (54.14%) Analyst
2 40 (30.08%) Business Analyst
3 31 (23.31%) Solvency II Business Analyst
4 24 (18.05%) Architect
5 21 (15.79%) Developer
6 14 (10.53%) Insurance Business Analyst
7 13 (9.77%) Project Manager
7 13 (9.77%) Test Analyst
8 11 (8.27%) Data Architect
8 11 (8.27%) SQL Developer
9 10 (7.52%) SSIS Developer
10 9 (6.77%) Business Intelligence Developer
10 9 (6.77%) Solutions Architect
10 9 (6.77%) SQL Analyst
11 8 (6.02%) Data Analyst
11 8 (6.02%) Data Business Analyst
11 8 (6.02%) Senior Analyst
12 7 (5.26%) Analyst Developer
12 7 (5.26%) Data Warehouse Developer
12 7 (5.26%) SSRS Developer
Libraries, Frameworks & Software Standards
1 8 (6.02%) MDX
2 7 (5.26%) FpML
2 7 (5.26%) XML
3 5 (3.76%) FIX Protocol
Miscellaneous
1 14 (10.53%) Analytical Skills
2 4 (3.01%) Reference Data
3 3 (2.26%) Reinsurance
3 3 (2.26%) Virtual Team
4 2 (1.50%) Credit Risk
4 2 (1.50%) Derivative
4 2 (1.50%) Foreign Exchange (FX)
4 2 (1.50%) Visualisation
5 1 (0.75%) Computer Science
5 1 (0.75%) Data Extraction
5 1 (0.75%) Data Integration
5 1 (0.75%) Management Information System
5 1 (0.75%) Social Media
5 1 (0.75%) Tandem
Processes & Methodologies
1 27 (20.30%) Business Intelligence
2 25 (18.80%) Data Analysis
2 25 (18.80%) ETL
3 22 (16.54%) Data Modelling
4 18 (13.53%) Business Analysis
5 15 (11.28%) Asset Management
5 15 (11.28%) Test Scripting
6 13 (9.77%) Data Management
7 12 (9.02%) Stakeholder Management
8 10 (7.52%) Agile Software Development
8 10 (7.52%) Enterprise Architecture
8 10 (7.52%) GAP Analysis
9 9 (6.77%) Migration
9 9 (6.77%) Project Management
10 8 (6.02%) Data Migration
10 8 (6.02%) Investment Management
10 8 (6.02%) SDLC
11 7 (5.26%) Data Lineage
11 7 (5.26%) Target Operating Model
11 7 (5.26%) UML
Programming Languages
1 43 (32.33%) SQL
2 9 (6.77%) T-SQL
3 4 (3.01%) Shell Script
4 2 (1.50%) VBA
Qualifications
1 3 (2.26%) ISEB
2 2 (1.50%) Degree
3 1 (0.75%) ACCA
3 1 (0.75%) CIMA
3 1 (0.75%) ISEB Practitioner
Quality Assurance & Compliance
1 13 (9.77%) Data Quality
2 6 (4.51%) QA
3 2 (1.50%) GAAP
4 1 (0.75%) Basel II
Systems Management
1 2 (1.50%) HP Quality Center
Vendors
1 11 (8.27%) Microsoft
2 5 (3.76%) Bloomberg
3 3 (2.26%) Tableau
4 2 (1.50%) Cognos
4 2 (1.50%) Microgen
4 2 (1.50%) Murex
4 2 (1.50%) Oracle
5 1 (0.75%) HP
City, London
E-synergy Solutions
Rate: £400 - £500 per day
Posted: Yesterday
London
Streamline Connections
Rate: £450 - £500 per day
Posted: 13 hours ago