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 24 November 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
24 Nov 2014
Same period 2013 Same period 2012
Solvency II
Rank 375 398 341
Rank change year-on-year
+23 -57
Contract jobs citing Solvency II 37 26 54
As % of all contract IT jobs located in London 0.16% 0.10% 0.24%
As % of the Quality Assurance & Compliance category 1.97% 1.31% 2.96%
Number of daily rates quoted 22 25 42
Average daily rate
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of your Daily Rate
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£500 £500 £470
Average daily rate % change year-on-year
- +6.38%
90% offered a daily rate of more than £405 £406 £413
10% offered a daily rate of more than £865 £645 £650
UK excluding London average daily rate £514 £435 £395
% change year-on-year
+18.10% +10.12%
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
1875 1990 1825
As % of all contract IT jobs located in London 7.86% 7.99% 8.00%
Number of daily rates quoted 1310 1409 1298
Average daily rate £450 £475 £450
Average daily rate % change year-on-year
-5.26% +5.55%
90% offered a daily rate of more than £275 £300 £275
10% offered a daily rate of more than £614 £650 £625
UK excluding London average daily rate £363 £350 £370
% change year-on-year
+3.57% -5.40%
Number of hourly rates quoted 44 22 37
Average hourly rate £22.00 £21.00 £20.00
Average hourly rate % change year-on-year
+4.76% +5.00%
90% offered a hourly rate of more than £13.70 £12.20 £13.50
10% offered a hourly rate of more than £47.50 £43.10 £46.61
UK excluding London average hourly rate £20.00 £17.50 £19.00
% change year-on-year
+14.28% -7.89%

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 24 November 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 24 November 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 +30 17 £456 -9.65% 13
Canary Wharf - - - -
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 24 November 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 36 (50.00%) Finance
2 17 (23.61%) Project Management
3 14 (19.44%) Stakeholder Management
4 12 (16.67%) Analytical Skills
5 10 (13.89%) SQL
6 7 (9.72%) Change Management
6 7 (9.72%) IMAP
7 6 (8.33%) Business Analysis
7 6 (8.33%) Data Warehouse
8 5 (6.94%) Oracle
8 5 (6.94%) Agile Software Development
8 5 (6.94%) General Ledger
8 5 (6.94%) QA
8 5 (6.94%) Basel III
8 5 (6.94%) User Acceptance Testing
9 4 (5.56%) Budget Control
9 4 (5.56%) Advertising
9 4 (5.56%) Basel II
10 3 (4.17%) PRINCE
10 3 (4.17%) Business Objects
10 3 (4.17%) Cognos
10 3 (4.17%) Banking
10 3 (4.17%) Programme Management
10 3 (4.17%) GAP Analysis
10 3 (4.17%) Data Mart
10 3 (4.17%) Project Planning
10 3 (4.17%) Data Analysis
10 3 (4.17%) Stakeholder Engagement
11 2 (2.78%) Waterfall
11 2 (2.78%) Test Automation

Solvency II
Top Related IT Skills in London by Category

For the 6 months to 24 November 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 1 (1.39%) SharePoint
Applications
1 2 (2.78%) MS Visio
1 2 (2.78%) Spreadsheet
2 1 (1.39%) MS Office
2 1 (1.39%) S-PLUS
Business Applications
1 2 (2.78%) CODA-Financials
1 2 (2.78%) Cognos TM1
2 1 (1.39%) Markit EDM
Communications & Networking
1 7 (9.72%) IMAP
Database & Business Intelligence
1 6 (8.33%) Data Warehouse
2 3 (4.17%) Data Mart
3 2 (2.78%) BusinessObjects XI
3 2 (2.78%) SQL Server
4 1 (1.39%) Oracle Reports
4 1 (1.39%) PowerCenter
4 1 (1.39%) SQL Server 2008
4 1 (1.39%) QlikView
General
1 36 (50.00%) Finance
2 5 (6.94%) General Ledger
3 4 (5.56%) Advertising
4 3 (4.17%) Banking
5 1 (1.39%) Retail
5 1 (1.39%) Investment Banking
5 1 (1.39%) Back Office
5 1 (1.39%) Telecoms
Job Titles
1 33 (45.83%) Analyst
2 23 (31.94%) Business Analyst
3 21 (29.17%) Project Manager
4 17 (23.61%) Solvency II Business Analyst
5 12 (16.67%) Solvency II Project Manager
6 9 (12.50%) Programme Manager
7 5 (6.94%) Developer
7 5 (6.94%) Business Manager
7 5 (6.94%) Business Project Manager
8 4 (5.56%) Insurance Business Analyst
9 3 (4.17%) Process Analyst
9 3 (4.17%) Technical Architect
9 3 (4.17%) Technical Author
9 3 (4.17%) Architect
9 3 (4.17%) Author
10 2 (2.78%) Business Developer
10 2 (2.78%) Consultant
10 2 (2.78%) Test Analyst
10 2 (2.78%) Senior Manager
10 2 (2.78%) Data Analyst
Libraries, Frameworks & Software Standards
1 1 (1.39%) Web Services
Miscellaneous
1 12 (16.67%) Analytical Skills
2 2 (2.78%) Data Structures
3 1 (1.39%) Statistics
3 1 (1.39%) Taxonomies
3 1 (1.39%) Mathematics
3 1 (1.39%) Physics
3 1 (1.39%) Credit Risk
3 1 (1.39%) Enterprise Software
Operating Systems
1 1 (1.39%) UNIX
1 1 (1.39%) Windows
Processes & Methodologies
1 17 (23.61%) Project Management
2 14 (19.44%) Stakeholder Management
3 7 (9.72%) Change Management
4 6 (8.33%) Business Analysis
5 5 (6.94%) User Acceptance Testing
5 5 (6.94%) Agile Software Development
6 4 (5.56%) Budget Control
7 3 (4.17%) Stakeholder Engagement
7 3 (4.17%) Programme Management
7 3 (4.17%) Data Analysis
7 3 (4.17%) PRINCE
7 3 (4.17%) GAP Analysis
7 3 (4.17%) Project Planning
8 2 (2.78%) Fund Management
8 2 (2.78%) Matrix Management
8 2 (2.78%) System Testing
8 2 (2.78%) Investment Management
8 2 (2.78%) Test Automation
8 2 (2.78%) Risk Management
8 2 (2.78%) PRINCE2
Programming Languages
1 10 (13.89%) SQL
2 1 (1.39%) Shell Script
2 1 (1.39%) R
2 1 (1.39%) C
Qualifications
1 2 (2.78%) Degree
2 1 (1.39%) Six Sigma Black Belt
2 1 (1.39%) Six Sigma Green Belt
2 1 (1.39%) PhD
2 1 (1.39%) PRINCE2 Certification
Quality Assurance & Compliance
1 5 (6.94%) QA
1 5 (6.94%) Basel III
2 4 (5.56%) Basel II
3 1 (1.39%) GAAP
3 1 (1.39%) FATCA
3 1 (1.39%) Sarbanes-Oxley
Systems Management
1 1 (1.39%) HP Quality Center
Vendors
1 5 (6.94%) Oracle
2 3 (4.17%) Business Objects
2 3 (4.17%) Cognos
3 2 (2.78%) CODA
4 1 (1.39%) Microsoft
4 1 (1.39%) HP
4 1 (1.39%) Informatica
City of London
Ampersand Consulting
Rate: £500 - £750 per annum
Posted: 2 days ago
City of London
Ampersand Consulting
Rate: £500 - £750 per day
Posted: 2 days ago
City, London
JM
Rate: £1 per day
Posted: 2 days ago
London
Aston Carter
Rate: £250 - £650 per day
Posted: 3 days ago
London
Square One Resources
Rate: Unspecified Negotiable (12 month contract)
Posted: 4 days ago
City, London
JM
Rate: £1 per day
Posted: 6 days ago
City, London
JM
Rate: £1 per day
Posted: 6 days ago
City, London
JM
Rate: £1 per day
Posted: 6 days ago
City, London
JM
Rate: £1 per day
Posted: 6 days ago
City, London
Red10
Rate: £400 - £550 per annum
Posted: 6 days ago
City, London
JM
Rate: £400 - £401 per day
Posted: 6 days ago
London
HFG
Rate: £900 - £1300 per day
Posted: 10 days ago
London
Real Staffing
Rate: £501 - £700 per annum + competitive
Posted: 25 days ago