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 19 December 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
19 Dec 2014
Same period 2013 Same period 2012
Solvency II
Rank 357 404 344
Rank change year-on-year
+47 -60
Contract jobs citing Solvency II 52 20 37
As % of all contract IT jobs located in London 0.23% 0.082% 0.17%
As % of the Quality Assurance & Compliance category 2.80% 1.06% 2.23%
Number of daily rates quoted 29 19 21
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 £525 £475
Average daily rate % change year-on-year
- +10.52%
90% offered a daily rate of more than £420 £246 £420
10% offered a daily rate of more than £655 £640 £675
UK excluding London average daily rate £518 £457 £390
% change year-on-year
+13.36% +17.05%
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
1857 1890 1660
As % of all contract IT jobs located in London 8.05% 7.79% 7.76%
Number of daily rates quoted 1298 1333 1163
Average daily rate £450 £465 £450
Average daily rate % change year-on-year
-3.22% +3.33%
90% offered a daily rate of more than £252 £288 £275
10% offered a daily rate of more than £600 £675 £625
UK excluding London average daily rate £368 £350 £350
% change year-on-year
+5.00% -
Number of hourly rates quoted 35 22 41
Average hourly rate £20.25 £21.00 £22.00
Average hourly rate % change year-on-year
-3.57% -4.54%
90% offered a hourly rate of more than £14.50 £11.00 £13.50
10% offered a hourly rate of more than £47.50 £43.10 £82.40
UK excluding London average hourly rate £18.75 £18.55 £20.00
% change year-on-year
+1.07% -7.25%

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 19 December 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 19 December 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 +24 23 £513 -2.38% 5
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 19 December 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 47 (52.81%) Finance
2 21 (23.60%) Stakeholder Management
3 17 (19.10%) Project Management
4 15 (16.85%) Analytical Skills
5 13 (14.61%) Change Management
6 10 (11.24%) SQL
7 9 (10.11%) Cognos
8 8 (8.99%) Data Warehouse
8 8 (8.99%) Business Analysis
8 8 (8.99%) IMAP
9 7 (7.87%) Data Analysis
9 7 (7.87%) Risk Management
9 7 (7.87%) Advertising
10 6 (6.74%) Cognos TM1
11 5 (5.62%) General Ledger
11 5 (5.62%) User Acceptance Testing
11 5 (5.62%) Budget Control
11 5 (5.62%) GAP Analysis
11 5 (5.62%) PRINCE
11 5 (5.62%) IBM
11 5 (5.62%) Basel III
12 4 (4.49%) Basel II
12 4 (4.49%) Oracle
12 4 (4.49%) MS Office
12 4 (4.49%) QA
12 4 (4.49%) Data Mart
12 4 (4.49%) Project Planning
12 4 (4.49%) Agile Software Development
13 3 (3.37%) Banking
13 3 (3.37%) Supplier Management

Solvency II
Top Related IT Skills in London by Category

For the 6 months to 19 December 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 2 (2.25%) SharePoint
2 1 (1.12%) SAS
Applications
1 4 (4.49%) MS Office
2 3 (3.37%) MS Project
3 2 (2.25%) MS Visio
3 2 (2.25%) Spreadsheet
4 1 (1.12%) S-PLUS
Business Applications
1 6 (6.74%) Cognos TM1
2 2 (2.25%) CODA-Financials
3 1 (1.12%) Cognos Business Intelligence
3 1 (1.12%) Markit EDM
Communications & Networking
1 8 (8.99%) IMAP
Database & Business Intelligence
1 8 (8.99%) Data Warehouse
2 4 (4.49%) Data Mart
3 3 (3.37%) SQL Server
4 2 (2.25%) QlikView
5 1 (1.12%) SQL Server Reporting Services
5 1 (1.12%) SQL Server Integration Services
5 1 (1.12%) BusinessObjects XI
5 1 (1.12%) SQL Server Analysis Services
5 1 (1.12%) SQL Server 2008
5 1 (1.12%) Base SAS
5 1 (1.12%) Snowflake Schema
5 1 (1.12%) PowerCenter
5 1 (1.12%) SQL Server 2012
General
1 47 (52.81%) Finance
2 7 (7.87%) Advertising
3 5 (5.62%) General Ledger
4 3 (3.37%) Banking
5 1 (1.12%) Investment Banking
5 1 (1.12%) Retail
5 1 (1.12%) Back Office
5 1 (1.12%) Telecoms
Job Titles
1 42 (47.19%) Analyst
2 28 (31.46%) Business Analyst
3 20 (22.47%) Project Manager
3 20 (22.47%) Solvency II Business Analyst
4 10 (11.24%) Programme Manager
4 10 (11.24%) Solvency II Project Manager
5 6 (6.74%) Developer
5 6 (6.74%) Business Manager
5 6 (6.74%) Business Project Manager
5 6 (6.74%) Insurance Business Analyst
6 5 (5.62%) Senior Manager
7 4 (4.49%) Consultant
7 4 (4.49%) Technical Author
7 4 (4.49%) Author
8 3 (3.37%) Data Analyst
8 3 (3.37%) Senior Project Manager
8 3 (3.37%) Risk Analyst
8 3 (3.37%) Architect
8 3 (3.37%) Process Analyst
8 3 (3.37%) Test Manager
Libraries, Frameworks & Software Standards
1 1 (1.12%) Web Services
Miscellaneous
1 15 (16.85%) Analytical Skills
2 2 (2.25%) Data Structures
3 1 (1.12%) Taxonomies
3 1 (1.12%) Statistics
3 1 (1.12%) Credit Risk
3 1 (1.12%) Mathematics
3 1 (1.12%) Physics
3 1 (1.12%) Enterprise Software
Operating Systems
1 1 (1.12%) UNIX
1 1 (1.12%) Windows
Processes & Methodologies
1 21 (23.60%) Stakeholder Management
2 17 (19.10%) Project Management
3 13 (14.61%) Change Management
4 8 (8.99%) Business Analysis
5 7 (7.87%) Data Analysis
5 7 (7.87%) Risk Management
6 5 (5.62%) User Acceptance Testing
6 5 (5.62%) Budget Control
6 5 (5.62%) GAP Analysis
6 5 (5.62%) PRINCE
7 4 (4.49%) Project Planning
7 4 (4.49%) Agile Software Development
8 3 (3.37%) Supplier Management
8 3 (3.37%) Resource Management
8 3 (3.37%) Stakeholder Engagement
8 3 (3.37%) ETL
8 3 (3.37%) Business Intelligence
8 3 (3.37%) Dependency Management
8 3 (3.37%) Data Governance
9 2 (2.25%) User Stories
Programming Languages
1 10 (11.24%) SQL
2 1 (1.12%) C
2 1 (1.12%) Shell Script
2 1 (1.12%) R
Qualifications
1 2 (2.25%) Degree
2 1 (1.12%) Six Sigma Black Belt
2 1 (1.12%) Six Sigma Green Belt
2 1 (1.12%) PhD
2 1 (1.12%) PRINCE2 Certification
Quality Assurance & Compliance
1 5 (5.62%) Basel III
2 4 (4.49%) Basel II
2 4 (4.49%) QA
3 1 (1.12%) GAAP
3 1 (1.12%) Sarbanes-Oxley
3 1 (1.12%) FATCA
Systems Management
1 1 (1.12%) HP Quality Center
Vendors
1 9 (10.11%) Cognos
2 5 (5.62%) IBM
3 4 (4.49%) Oracle
4 2 (2.25%) Business Objects
4 2 (2.25%) CODA
5 1 (1.12%) Netezza
5 1 (1.12%) SAP
5 1 (1.12%) Microsoft
5 1 (1.12%) HP
5 1 (1.12%) Informatica
City, London
JM
Rate: £1 per day
Posted: 2 days ago
City of London
Ampersand Consulting
Rate: £500 - £600 per day
Posted: 5 days ago