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 August 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 Aug 2016
Same period 2015 Same period 2014
Solvency II
Rank 380 362 402
Rank change year-on-year
-18 +40
Contract jobs citing Solvency II 69 74 33
As % of all contract IT jobs located in London 0.30% 0.31% 0.14%
As % of the Quality Assurance & Compliance category 3.31% 3.32% 1.43%
Number of daily rates quoted 61 53 23
Median daily rate £500 £475 £525
Median daily rate % change year-on-year
+5.26% -9.52%
90% offered a daily rate of more than £400 £404 £415
10% offered a daily rate of more than £650 £600 £860
UK excluding London median daily rate £480 £528 £450
% change year-on-year
-9.00% +17.22%
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
2085 2232 2313
As % of all contract IT jobs located in London 9.06% 9.40% 9.54%
Number of daily rates quoted 1494 1555 1600
Median daily rate £468 £470 £450
Median daily rate % change year-on-year
-0.53% +4.44%
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £400 £380
% change year-on-year
-0.06% +5.32%
Number of hourly rates quoted 24 28 29
Median hourly rate £20.00 £21.60 £19.00
Median hourly rate % change year-on-year
-7.38% +13.65%
90% offered a hourly rate of more than £13.38 £14.00 £13.39
10% offered a hourly rate of more than £70.00 £60.95 £137.50
UK excluding London median hourly rate £28.15 £25.41 £20.00
% change year-on-year
+10.80% +27.02%

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 August 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 August 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 +38 33 £463 -2.52% 3
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 25 August 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 62 (46.27%) Finance
2 39 (29.10%) SQL
3 30 (22.39%) Data Warehouse
4 24 (17.91%) Data Analysis
5 21 (15.67%) ETL
6 19 (14.18%) Business Intelligence
6 19 (14.18%) SQL Server
6 19 (14.18%) Business Analysis
7 16 (11.94%) Microsoft
7 16 (11.94%) Data Modelling
7 16 (11.94%) Data Quality
7 16 (11.94%) Analytical Skills
8 14 (10.45%) Stakeholder Management
9 13 (9.70%) Test Scripting
10 12 (8.96%) Data Management
11 11 (8.21%) Agile Software Development
11 11 (8.21%) Asset Management
12 10 (7.46%) GAP Analysis
12 10 (7.46%) SQL Server Integration Services
12 10 (7.46%) Enterprise Architecture
13 9 (6.72%) Legal
13 9 (6.72%) SDLC
14 8 (5.97%) Data Migration
14 8 (5.97%) Migration
14 8 (5.97%) MS Excel
14 8 (5.97%) Project Management
14 8 (5.97%) JIRA
15 7 (5.22%) SQL Server Reporting Services
15 7 (5.22%) ERwin
15 7 (5.22%) FpML

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 (5.22%) Confluence
2 1 (0.75%) SAS
2 1 (0.75%) SharePoint
Applications
1 8 (5.97%) MS Excel
2 5 (3.73%) MS Office
2 5 (3.73%) MS PowerPoint
3 1 (0.75%) MS Visio
Business Applications
1 3 (2.24%) Markit EDM
2 1 (0.75%) ReMetrica
2 1 (0.75%) Towers Watson Igloo
Database & Business Intelligence
1 30 (22.39%) Data Warehouse
2 19 (14.18%) SQL Server
3 10 (7.46%) SQL Server Integration Services
4 7 (5.22%) SQL Server Reporting Services
5 5 (3.73%) Data Mining
5 5 (3.73%) SQL Server Analysis Services
6 4 (2.99%) Enterprise Data Warehouse
7 2 (1.49%) QlikView
8 1 (0.75%) Big Data
8 1 (0.75%) BusinessObjects
8 1 (0.75%) Data Lake
8 1 (0.75%) Microsoft Analysis Services
8 1 (0.75%) Oracle Database
8 1 (0.75%) Power BI
8 1 (0.75%) Relational Database
8 1 (0.75%) SQL Server 2008
Development Applications
1 8 (5.97%) JIRA
2 7 (5.22%) ERwin
3 1 (0.75%) FitNesse
General
1 62 (46.27%) Finance
2 9 (6.72%) Legal
3 3 (2.24%) Advertising
4 2 (1.49%) General Ledger
5 1 (0.75%) Back Office
5 1 (0.75%) Banking
5 1 (0.75%) Investment Banking
5 1 (0.75%) Publishing
Job Titles
1 68 (50.75%) Analyst
2 37 (27.61%) Business Analyst
3 30 (22.39%) Solvency II Business Analyst
4 25 (18.66%) Architect
5 18 (13.43%) Project Manager
6 13 (9.70%) Developer
6 13 (9.70%) Test Analyst
7 11 (8.21%) Data Analyst
7 11 (8.21%) Data Architect
7 11 (8.21%) Insurance Business Analyst
8 10 (7.46%) Solutions Architect
9 6 (4.48%) Analyst Developer
9 6 (4.48%) Business Architect
9 6 (4.48%) Business Intelligence Architect
9 6 (4.48%) Business Test Analyst
9 6 (4.48%) SQL Analyst
9 6 (4.48%) SQL Developer
9 6 (4.48%) SSIS Developer
10 5 (3.73%) Business Intelligence Solutions Architect
10 5 (3.73%) Data Business Analyst
Libraries, Frameworks & Software Standards
1 7 (5.22%) FpML
1 7 (5.22%) XML
2 5 (3.73%) FIX Protocol
3 2 (1.49%) MDX
4 1 (0.75%) .NET
Miscellaneous
1 16 (11.94%) Analytical Skills
2 3 (2.24%) Reinsurance
2 3 (2.24%) Virtual Team
3 2 (1.49%) Credit Risk
3 2 (1.49%) Derivative
3 2 (1.49%) Foreign Exchange (FX)
3 2 (1.49%) Visualisation
4 1 (0.75%) Computer Science
4 1 (0.75%) Data Extraction
4 1 (0.75%) Data Integration
4 1 (0.75%) Management Information System
4 1 (0.75%) Social Media
4 1 (0.75%) Tandem
Processes & Methodologies
1 24 (17.91%) Data Analysis
2 21 (15.67%) ETL
3 19 (14.18%) Business Analysis
3 19 (14.18%) Business Intelligence
4 16 (11.94%) Data Modelling
5 14 (10.45%) Stakeholder Management
6 13 (9.70%) Test Scripting
7 12 (8.96%) Data Management
8 11 (8.21%) Agile Software Development
8 11 (8.21%) Asset Management
9 10 (7.46%) Enterprise Architecture
9 10 (7.46%) GAP Analysis
10 9 (6.72%) SDLC
11 8 (5.97%) Data Migration
11 8 (5.97%) Migration
11 8 (5.97%) Project Management
12 7 (5.22%) Data Lineage
12 7 (5.22%) Target Operating Model
12 7 (5.22%) UML
12 7 (5.22%) User Acceptance Testing
Programming Languages
1 39 (29.10%) SQL
2 4 (2.99%) Shell Script
2 4 (2.99%) T-SQL
3 2 (1.49%) VBA
Qualifications
1 2 (1.49%) Degree
2 1 (0.75%) ACCA
2 1 (0.75%) CIMA
2 1 (0.75%) ISEB
2 1 (0.75%) ISEB Practitioner
Quality Assurance & Compliance
1 16 (11.94%) Data Quality
2 3 (2.24%) QA
3 1 (0.75%) Basel II
3 1 (0.75%) GAAP
3 1 (0.75%) PCI DSS
Systems Management
1 2 (1.49%) HP Quality Center
Vendors
1 16 (11.94%) Microsoft
2 2 (1.49%) Bloomberg
2 2 (1.49%) Microgen
2 2 (1.49%) Murex
2 2 (1.49%) Oracle
2 2 (1.49%) Tableau
3 1 (0.75%) Cognos
3 1 (0.75%) HP
London
Harvey Nash plc
Rate: £400 per week
Posted: 3 days ago