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 August 2014 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 Aug 2014
Same period 2013 Same period 2012
Solvency II
Rank 388 411 292
Rank change year-on-year
+23 -119
Contract jobs citing Solvency II 36 10 122
As % of all contract IT jobs located in London 0.15% 0.039% 0.46%
As % of the Quality Assurance & Compliance category 1.92% 0.48% 5.69%
Number of daily rates quoted 25 10 85
Average daily rate
Keep up to 90%
of your Daily Rate
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£525 £450 £500
Average daily rate % change year-on-year
+16.66% -10.00%
90% offered a daily rate of more than £405 £397 £368
10% offered a daily rate of more than £900 £515 £740
UK excluding London average daily rate £456 £439 £418
% change year-on-year
+3.98% +5.08%
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
1877 2079 2143
As % of all contract IT jobs located in London 7.84% 8.19% 8.11%
Number of daily rates quoted 1283 1455 1468
Average daily rate £443 £475 £475
Average daily rate % change year-on-year
-6.84% -
90% offered a daily rate of more than £275 £298 £300
10% offered a daily rate of more than £600 £650 £650
UK excluding London average daily rate £375 £360 £361
% change year-on-year
+4.16% -0.34%
Number of hourly rates quoted 25 26 48
Average hourly rate £18.00 £20.50 £18.00
Average hourly rate % change year-on-year
-12.19% +13.88%
90% offered a hourly rate of more than £13.15 £13.13 £12.50
10% offered a hourly rate of more than £48.40 £66.25 £50.02
UK excluding London average hourly rate £19.50 £17.50 £21.50
% change year-on-year
+11.42% -18.60%

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 August 2014.

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 August 2014. 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 +32 12 £500 +25.00% 4
Bromley - 2 £450 -
Canary Wharf - 1 £550 -
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 27 August 2014, 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 24 (37.50%) Finance
2 17 (26.56%) Project Management
3 12 (18.75%) SQL
3 12 (18.75%) Stakeholder Management
4 9 (14.06%) Data Warehouse
4 9 (14.06%) Business Intelligence
4 9 (14.06%) Informatica
5 8 (12.50%) SQL Server
5 8 (12.50%) Waterfall
6 7 (10.94%) QlikView
6 7 (10.94%) BPMN
6 7 (10.94%) SQL Server 2008
6 7 (10.94%) Kimball Methodology
6 7 (10.94%) PowerPivot
6 7 (10.94%) ProClarity
6 7 (10.94%) Actuate
6 7 (10.94%) UML
6 7 (10.94%) SharePoint
6 7 (10.94%) Microsoft
6 7 (10.94%) Sarbanes-Oxley
7 5 (7.81%) Business Analysis
8 4 (6.25%) IMAP
8 4 (6.25%) QA
8 4 (6.25%) Budget Control
8 4 (6.25%) Basel II
8 4 (6.25%) Oracle
9 3 (4.69%) Business Objects
9 3 (4.69%) PRINCE2
9 3 (4.69%) PRINCE
9 3 (4.69%) Change Management

Solvency II
Top Related IT Skills in London by Category

For the 6 months to 27 August 2014, 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 7 (10.94%) SharePoint
Applications
1 7 (10.94%) PowerPivot
2 2 (3.13%) MS Visio
3 1 (1.56%) S-PLUS
3 1 (1.56%) MS Project
3 1 (1.56%) MS Excel
Communications & Networking
1 4 (6.25%) IMAP
Database & Business Intelligence
1 9 (14.06%) Data Warehouse
2 8 (12.50%) SQL Server
3 7 (10.94%) ProClarity
3 7 (10.94%) QlikView
3 7 (10.94%) SQL Server 2008
4 2 (3.13%) Data Mart
5 1 (1.56%) BusinessObjects XI
5 1 (1.56%) Oracle Reports
5 1 (1.56%) PowerCenter
General
1 24 (37.50%) Finance
2 1 (1.56%) Legal
2 1 (1.56%) Advertising
2 1 (1.56%) Banking
2 1 (1.56%) Marketing
Job Titles
1 20 (31.25%) Project Manager
2 17 (26.56%) Analyst
3 14 (21.88%) Business Analyst
4 12 (18.75%) Solvency II Project Manager
5 11 (17.19%) Solvency II Business Analyst
6 9 (14.06%) Developer
7 8 (12.50%) Programme Manager
8 7 (10.94%) Business Intelligence Developer
9 5 (7.81%) Business Project Manager
9 5 (7.81%) Business Manager
9 5 (7.81%) Insurance Business Analyst
10 2 (3.13%) Data Manager
10 2 (3.13%) Data Analyst
10 2 (3.13%) Senior Project Manager
10 2 (3.13%) Technical Author
10 2 (3.13%) Author
10 2 (3.13%) Architect
10 2 (3.13%) Test Manager
10 2 (3.13%) Consultant
10 2 (3.13%) Senior Manager
Libraries, Frameworks & Software Standards
1 1 (1.56%) XBRL
Miscellaneous
1 1 (1.56%) Fixed Income
1 1 (1.56%) Equities
1 1 (1.56%) Derivative
1 1 (1.56%) Statistics
1 1 (1.56%) Mathematics
1 1 (1.56%) Physics
1 1 (1.56%) Credit Risk
1 1 (1.56%) iPad
1 1 (1.56%) Enterprise Software
Operating Systems
1 1 (1.56%) UNIX
Processes & Methodologies
1 17 (26.56%) Project Management
2 12 (18.75%) Stakeholder Management
3 9 (14.06%) Business Intelligence
4 8 (12.50%) Waterfall
5 7 (10.94%) Kimball Methodology
5 7 (10.94%) UML
5 7 (10.94%) BPMN
6 5 (7.81%) Business Analysis
7 4 (6.25%) Budget Control
8 3 (4.69%) Project Planning
8 3 (4.69%) PRINCE2
8 3 (4.69%) Change Management
8 3 (4.69%) PRINCE
9 2 (3.13%) Programme Management
9 2 (3.13%) Agile Software Development
9 2 (3.13%) Data Management
9 2 (3.13%) Regression Testing
9 2 (3.13%) Risk Management
9 2 (3.13%) ETL
9 2 (3.13%) Matrix Management
Programming Languages
1 12 (18.75%) SQL
2 1 (1.56%) Shell Script
2 1 (1.56%) R
2 1 (1.56%) PL/SQL
Qualifications
1 1 (1.56%) PhD
1 1 (1.56%) PRINCE2 Certification
1 1 (1.56%) Degree
1 1 (1.56%) Six Sigma Black Belt
1 1 (1.56%) Six Sigma Green Belt
Quality Assurance & Compliance
1 7 (10.94%) Sarbanes-Oxley
2 4 (6.25%) Basel II
2 4 (6.25%) QA
3 1 (1.56%) Basel III
3 1 (1.56%) Data Quality
3 1 (1.56%) FATCA
3 1 (1.56%) EMIR
3 1 (1.56%) CRD IV
3 1 (1.56%) Dodd-Frank
3 1 (1.56%) COREP
3 1 (1.56%) FINREP
3 1 (1.56%) AIFMD
3 1 (1.56%) ISO 9001
Vendors
1 9 (14.06%) Informatica
2 7 (10.94%) Microsoft
2 7 (10.94%) Actuate
3 4 (6.25%) Oracle
4 3 (4.69%) Business Objects
London
HFG
Rate: £700 - £900 per day
Posted: 18 hours ago
City, London
Connectus
Rate: £600 per day
Posted: 21 hours ago
City, London
Volt
Rate: £350.00 - £450.00 per day
Posted: 4 days ago
London
Maclean Moore Consulting
Rate: Up to £650 per day
Posted: 4 days ago
London
HFG
Rate: £750 - £1200 per annum
Posted: 5 days ago
London
HFG
Rate: £700 - £900 per day
Posted: 5 days ago
London
Harrington Starr
Rate: £450 - £600 per day
Posted: 6 days ago