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 1 October 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
1 Oct 2014
Same period 2013 Same period 2012
Solvency II
Rank 386 407 314
Rank change year-on-year
+21 -93
Contract jobs citing Solvency II 28 16 107
As % of all contract IT jobs located in London 0.12% 0.063% 0.42%
As % of the Quality Assurance & Compliance category 1.46% 0.77% 5.14%
Number of daily rates quoted 24 16 84
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 £500 £475
Average daily rate % change year-on-year
+5.00% +5.26%
90% offered a daily rate of more than £400 £450 £347
10% offered a daily rate of more than £900 £638 £650
UK excluding London average daily rate £483 £475 £425
% change year-on-year
+1.57% +11.76%
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
1913 2071 2081
As % of all contract IT jobs located in London 7.89% 8.21% 8.11%
Number of daily rates quoted 1332 1446 1476
Average daily rate £438 £475 £470
Average daily rate % change year-on-year
-7.89% +1.06%
90% offered a daily rate of more than £275 £300 £275
10% offered a daily rate of more than £600 £650 £638
UK excluding London average daily rate £375 £350 £375
% change year-on-year
+7.14% -6.66%
Number of hourly rates quoted 30 23 44
Average hourly rate £19.00 £17.50 £18.00
Average hourly rate % change year-on-year
+8.57% -2.77%
90% offered a hourly rate of more than £12.95 £13.98 £12.90
10% offered a hourly rate of more than £141.25 £67.00 £50.00
UK excluding London average hourly rate £20.00 £17.50 £20.00
% change year-on-year
+14.28% -12.50%

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 1 October 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 1 October 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 +43 13 £475 -29.62% 4
Canary Wharf - - - -
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 1 October 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 27 (40.30%) Finance
2 17 (25.37%) Project Management
3 13 (19.40%) Stakeholder Management
4 11 (16.42%) SQL
5 8 (11.94%) Analytical Skills
6 7 (10.45%) Business Analysis
7 6 (8.96%) Agile Software Development
7 6 (8.96%) Oracle
7 6 (8.96%) Informatica
8 5 (7.46%) Business Intelligence
8 5 (7.46%) Basel II
8 5 (7.46%) SQL Server
8 5 (7.46%) Data Warehouse
8 5 (7.46%) Change Management
8 5 (7.46%) IMAP
8 5 (7.46%) QA
9 4 (5.97%) SQL Server 2008
9 4 (5.97%) Waterfall
9 4 (5.97%) Basel III
9 4 (5.97%) QlikView
9 4 (5.97%) User Acceptance Testing
9 4 (5.97%) SharePoint
9 4 (5.97%) Business Objects
9 4 (5.97%) Microsoft
10 3 (4.48%) Actuate
10 3 (4.48%) Sarbanes-Oxley
10 3 (4.48%) ETL
10 3 (4.48%) UML
10 3 (4.48%) PRINCE2
10 3 (4.48%) Programme Management

Solvency II
Top Related IT Skills in London by Category

For the 6 months to 1 October 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 4 (5.97%) SharePoint
Applications
1 3 (4.48%) PowerPivot
2 2 (2.99%) MS Visio
3 1 (1.49%) MS Excel
3 1 (1.49%) MS Project
3 1 (1.49%) MS Office
3 1 (1.49%) S-PLUS
Business Applications
1 2 (2.99%) CODA-Financials
2 1 (1.49%) Markit EDM
Communications & Networking
1 5 (7.46%) IMAP
Database & Business Intelligence
1 5 (7.46%) SQL Server
1 5 (7.46%) Data Warehouse
2 4 (5.97%) SQL Server 2008
2 4 (5.97%) QlikView
3 3 (4.48%) ProClarity
4 2 (2.99%) Data Mart
4 2 (2.99%) PowerCenter
5 1 (1.49%) Oracle Reports
5 1 (1.49%) BusinessObjects XI
General
1 27 (40.30%) Finance
2 2 (2.99%) General Ledger
2 2 (2.99%) Banking
3 1 (1.49%) Advertising
3 1 (1.49%) Investment Banking
3 1 (1.49%) Marketing
Job Titles
1 23 (34.33%) Analyst
2 17 (25.37%) Project Manager
3 15 (22.39%) Business Analyst
4 11 (16.42%) Solvency II Business Analyst
5 10 (14.93%) Solvency II Project Manager
5 10 (14.93%) Programme Manager
6 8 (11.94%) Developer
7 5 (7.46%) Insurance Business Analyst
8 4 (5.97%) Architect
9 3 (4.48%) Process Analyst
9 3 (4.48%) Business Intelligence Developer
10 2 (2.99%) Developer Analyst
10 2 (2.99%) Business Project Manager
10 2 (2.99%) Business Manager
10 2 (2.99%) Data Analyst
10 2 (2.99%) Data Manager
10 2 (2.99%) Technical Analyst
10 2 (2.99%) Analyst Developer
10 2 (2.99%) Informatica Developer
10 2 (2.99%) Consultant
Libraries, Frameworks & Software Standards
1 1 (1.49%) XBRL
Miscellaneous
1 8 (11.94%) Analytical Skills
2 1 (1.49%) Fixed Income
2 1 (1.49%) Equities
2 1 (1.49%) Enterprise Software
2 1 (1.49%) Derivative
2 1 (1.49%) Statistics
2 1 (1.49%) Mathematics
2 1 (1.49%) Physics
Operating Systems
1 2 (2.99%) UNIX
2 1 (1.49%) Windows
Processes & Methodologies
1 17 (25.37%) Project Management
2 13 (19.40%) Stakeholder Management
3 7 (10.45%) Business Analysis
4 6 (8.96%) Agile Software Development
5 5 (7.46%) Business Intelligence
5 5 (7.46%) Change Management
6 4 (5.97%) Waterfall
6 4 (5.97%) User Acceptance Testing
7 3 (4.48%) ETL
7 3 (4.48%) UML
7 3 (4.48%) PRINCE2
7 3 (4.48%) Programme Management
7 3 (4.48%) BPMN
7 3 (4.48%) Budget Control
7 3 (4.48%) Kimball Methodology
7 3 (4.48%) Stakeholder Engagement
8 2 (2.99%) Test Strategy
8 2 (2.99%) People Management
8 2 (2.99%) Data Management
8 2 (2.99%) Project Planning
Programming Languages
1 11 (16.42%) SQL
2 2 (2.99%) Shell Script
3 1 (1.49%) PL/SQL
3 1 (1.49%) R
Qualifications
1 3 (4.48%) Degree
2 2 (2.99%) PRINCE2 Certification
3 1 (1.49%) PhD
3 1 (1.49%) Six Sigma Green Belt
3 1 (1.49%) Six Sigma Black Belt
Quality Assurance & Compliance
1 5 (7.46%) Basel II
1 5 (7.46%) QA
2 4 (5.97%) Basel III
3 3 (4.48%) Sarbanes-Oxley
4 2 (2.99%) FATCA
5 1 (1.49%) GAAP
5 1 (1.49%) EMIR
5 1 (1.49%) CRD IV
5 1 (1.49%) Dodd-Frank
5 1 (1.49%) COREP
5 1 (1.49%) FINREP
Systems Management
1 1 (1.49%) HP Quality Center
Vendors
1 6 (8.96%) Oracle
1 6 (8.96%) Informatica
2 4 (5.97%) Business Objects
2 4 (5.97%) Microsoft
3 3 (4.48%) Actuate
4 2 (2.99%) CODA
5 1 (1.49%) HP
City, London
Capita Resourcing - IT Resourcing
Rate: £450 - £500 per annum
Posted: Yesterday
London
HFG
Rate: £750 - £1200 per annum
Posted: Yesterday
London
HFG
Rate: £700 - £900 per day
Posted: 5 days ago
London
HFG
Rate: £300 - £450 per day
Posted: 14 days ago