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 2 May 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
2 May 2016
Same period 2015 Same period 2014
Solvency II
Rank 386 338 399
Rank change year-on-year
-48 +61
Contract jobs citing Solvency II 56 77 30
As % of all contract IT jobs located in London 0.24% 0.34% 0.13%
As % of the Quality Assurance & Compliance category 2.80% 3.84% 1.31%
Number of daily rates quoted 50 56 20
Median daily rate £519 £550 £500
Median daily rate % change year-on-year
-5.68% +10.00%
90% offered a daily rate of more than £419 £419 £390
10% offered a daily rate of more than £575 £650 £596
UK excluding London median daily rate £605 £500 £451
% change year-on-year
+21.00% +10.98%
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
2001 2005 2293
As % of all contract IT jobs located in London 8.72% 8.81% 9.67%
Number of daily rates quoted 1417 1394 1628
Median daily rate £450 £450 £450
90% offered a daily rate of more than £300 £280 £285
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £400 £388 £370
% change year-on-year
+3.22% +4.72%
Number of hourly rates quoted 25 20 34
Median hourly rate £22.00 £20.00 £21.75
Median hourly rate % change year-on-year
+10.00% -8.04%
90% offered a hourly rate of more than £14.10 £12.00 £14.70
10% offered a hourly rate of more than £29.50 £115.00 £59.95
UK excluding London median hourly rate £33.00 £29.00 £21.00
% change year-on-year
+13.79% +38.09%

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 2 May 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 2 May 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 +27 28 £525 +2.43% 4
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 2 May 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 57 (44.88%) Finance
2 30 (23.62%) SQL
3 25 (19.69%) Business Analysis
4 24 (18.90%) Data Analysis
5 21 (16.54%) Business Intelligence
6 20 (15.75%) Data Warehouse
7 18 (14.17%) Asset Management
7 18 (14.17%) Test Scripting
8 17 (13.39%) SQL Server
9 15 (11.81%) ETL
10 14 (11.02%) Data Modelling
11 12 (9.45%) SDLC
11 12 (9.45%) Markit EDM
11 12 (9.45%) Migration
11 12 (9.45%) SQL Server Reporting Services
11 12 (9.45%) SQL Server Integration Services
12 11 (8.66%) Stakeholder Management
12 11 (8.66%) SQL Server Analysis Services
13 10 (7.87%) Project Management
13 10 (7.87%) ISEB
13 10 (7.87%) Bloomberg
14 9 (7.09%) ACCA
14 9 (7.09%) CIMA
14 9 (7.09%) Data Cleansing
14 9 (7.09%) Data Quality
14 9 (7.09%) Analytical Skills
15 8 (6.30%) Reference Data
15 8 (6.30%) Investment Management
15 8 (6.30%) Data Migration
15 8 (6.30%) QA

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 3 (2.36%) Confluence
2 1 (0.79%) SharePoint
Applications
1 2 (1.57%) MS Excel
1 2 (1.57%) MS Office
1 2 (1.57%) Spreadsheet
2 1 (0.79%) MS PowerPoint
2 1 (0.79%) MS Project
2 1 (0.79%) MS Visio
Business Applications
1 12 (9.45%) Markit EDM
2 2 (1.57%) HFM
3 1 (0.79%) Cognos Controller
3 1 (0.79%) Cognos TM1
3 1 (0.79%) Eagle PACE
3 1 (0.79%) ReMetrica
3 1 (0.79%) Towers Watson Igloo
Cloud Services
1 4 (3.15%) Office 365
Communications & Networking
1 1 (0.79%) IMAP
Database & Business Intelligence
1 20 (15.75%) Data Warehouse
2 17 (13.39%) SQL Server
3 12 (9.45%) SQL Server Integration Services
3 12 (9.45%) SQL Server Reporting Services
4 11 (8.66%) SQL Server Analysis Services
5 3 (2.36%) Microsoft Analysis Services
6 2 (1.57%) Power BI
6 2 (1.57%) SQL Server 2008
7 1 (0.79%) Data Mining
7 1 (0.79%) Microsoft Power View
7 1 (0.79%) Oracle Database
7 1 (0.79%) PowerPivot
7 1 (0.79%) QlikView
7 1 (0.79%) SAP Data Services
Development Applications
1 3 (2.36%) ERwin
1 3 (2.36%) JIRA
2 1 (0.79%) Eclipse
2 1 (0.79%) FitNesse
2 1 (0.79%) MSI
General
1 57 (44.88%) Finance
2 6 (4.72%) Legal
3 4 (3.15%) Advertising
4 3 (2.36%) Back Office
4 3 (2.36%) Banking
5 2 (1.57%) Investment Banking
Job Titles
1 79 (62.20%) Analyst
2 50 (39.37%) Business Analyst
3 36 (28.35%) Solvency II Business Analyst
4 19 (14.96%) Developer
4 19 (14.96%) Insurance Business Analyst
5 17 (13.39%) Project Manager
6 14 (11.02%) SQL Analyst
7 13 (10.24%) Data Business Analyst
8 11 (8.66%) SQL Developer
9 8 (6.30%) Asset Management Analyst
9 8 (6.30%) Asset Management Business Analyst
9 8 (6.30%) Business Intelligence Developer
9 8 (6.30%) Solvency II Project Manager
9 8 (6.30%) SQL Data Analyst
10 7 (5.51%) Architect
10 7 (5.51%) Data Analyst
10 7 (5.51%) Report Analyst
10 7 (5.51%) SSRS Developer
10 7 (5.51%) Test Analyst
11 6 (4.72%) Analyst Developer
Libraries, Frameworks & Software Standards
1 7 (5.51%) MDX
2 3 (2.36%) FpML
2 3 (2.36%) XML
3 2 (1.57%) FIX Protocol
4 1 (0.79%) .NET
Miscellaneous
1 9 (7.09%) Analytical Skills
2 8 (6.30%) Reference Data
3 4 (3.15%) Reinsurance
4 2 (1.57%) Computer Science
5 1 (0.79%) Data Integration
5 1 (0.79%) Data Structures
5 1 (0.79%) Derivative
5 1 (0.79%) Foreign Exchange (FX)
5 1 (0.79%) Visualisation
Processes & Methodologies
1 25 (19.69%) Business Analysis
2 24 (18.90%) Data Analysis
3 21 (16.54%) Business Intelligence
4 18 (14.17%) Asset Management
4 18 (14.17%) Test Scripting
5 15 (11.81%) ETL
6 14 (11.02%) Data Modelling
7 12 (9.45%) Migration
7 12 (9.45%) SDLC
8 11 (8.66%) Stakeholder Management
9 10 (7.87%) Project Management
10 9 (7.09%) Data Cleansing
11 8 (6.30%) Data Migration
11 8 (6.30%) Investment Management
12 6 (4.72%) GAP Analysis
13 5 (3.94%) Programme Management
14 4 (3.15%) Data Management
14 4 (3.15%) ITIL
14 4 (3.15%) TOGAF
14 4 (3.15%) User Acceptance Testing
Programming Languages
1 30 (23.62%) SQL
2 6 (4.72%) T-SQL
3 3 (2.36%) Shell Script
4 2 (1.57%) VBA
5 1 (0.79%) C
Qualifications
1 10 (7.87%) ISEB
2 9 (7.09%) ACCA
2 9 (7.09%) CIMA
3 7 (5.51%) Degree
4 2 (1.57%) ISEB Practitioner
Quality Assurance & Compliance
1 9 (7.09%) Data Quality
2 8 (6.30%) QA
3 7 (5.51%) GAAP
4 5 (3.94%) AIFMD
4 5 (3.94%) EMIR
4 5 (3.94%) MiFID
5 1 (0.79%) Basel III
5 1 (0.79%) COREP
5 1 (0.79%) CRD IV
5 1 (0.79%) Dodd-Frank
5 1 (0.79%) FATCA
5 1 (0.79%) UCITS
Systems Management
1 1 (0.79%) HP Quality Center
Vendors
1 10 (7.87%) Bloomberg
2 3 (2.36%) Cognos
3 2 (1.57%) Microsoft
3 2 (1.57%) Tableau
4 1 (0.79%) FactSet
4 1 (0.79%) GoldenSource
4 1 (0.79%) HP
4 1 (0.79%) Oracle
4 1 (0.79%) Reuters
4 1 (0.79%) SAP
4 1 (0.79%) Sun
London
Montash
Rate: Negotiable
Posted: 4 days ago
City, London
Eames Consulting
Rate: £520 - £540 per day
Posted: 5 days ago
City, London
Red10
Rate: £550 - £600 per day
Posted: 6 days ago
City, London
Red10
Rate: £500 - £525 per day
Posted: 6 days ago
London
HFG
Rate: £525 - £550 per day
Posted: 17 days ago
London
HFG
Rate: £500 - £520 per day
Posted: 19 days ago