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 6 July 2015 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
6 Jul 2015
Same period 2014 Same period 2013
Solvency II
Rank 322 375 397
Rank change year-on-year
+53 +22
Contract jobs citing Solvency II 86 37 17
As % of all contract IT jobs located in London 0.38% 0.16% 0.073%
As % of the Quality Assurance & Compliance category 4.66% 1.97% 0.86%
Number of daily rates quoted 59 24 14
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £500 £463
Average daily rate % change year-on-year
+10.00% +8.10%
90% offered a daily rate of more than £400 £425 £400
10% offered a daily rate of more than £740 £568 £543
UK excluding London average daily rate £465 £450 £415
% change year-on-year
+3.33% +8.43%
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
1844 1879 1968
As % of all contract IT jobs located in London 8.06% 8.20% 8.41%
Number of daily rates quoted 1310 1333 1386
Average daily rate £475 £450 £488
Average daily rate % change year-on-year
+5.55% -7.69%
90% offered a daily rate of more than £288 £275 £313
10% offered a daily rate of more than £630 £600 £650
UK excluding London average daily rate £378 £365 £350
% change year-on-year
+3.42% +4.28%
Number of hourly rates quoted 28 18 32
Average hourly rate £20.50 £20.00 £22.50
Average hourly rate % change year-on-year
+2.50% -11.11%
90% offered a hourly rate of more than £14.00 £14.25 £12.66
10% offered a hourly rate of more than £55.50 £51.05 £44.80
UK excluding London average hourly rate £21.54 £20.50 £18.50
% change year-on-year
+5.06% +10.81%

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 6 July 2015.

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 6 July 2015. 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 46 £450 -10.00% 6
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 6 July 2015, 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 98 (58.68%) Finance
2 45 (26.95%) SQL
3 39 (23.35%) Data Warehouse
4 34 (20.36%) Stakeholder Management
5 32 (19.16%) Business Intelligence
6 26 (15.57%) ETL
7 22 (13.17%) Data Modelling
8 20 (11.98%) Migration
8 20 (11.98%) Analytical Skills
9 19 (11.38%) Oracle
9 19 (11.38%) SQL Server
10 18 (10.78%) Project Management
11 17 (10.18%) PL/SQL
12 16 (9.58%) GAAP
13 15 (8.98%) SQL Server Integration Services
13 15 (8.98%) OLAP
13 15 (8.98%) Business Analysis
14 14 (8.38%) SQL Server Reporting Services
14 14 (8.38%) Asset Management
14 14 (8.38%) Cognos
15 12 (7.19%) Data Analysis
15 12 (7.19%) User Acceptance Testing
15 12 (7.19%) SQL Server Analysis Services
16 11 (6.59%) Data Migration
16 11 (6.59%) Cognos TM1
16 11 (6.59%) T-SQL
17 10 (5.99%) Data Mart
17 10 (5.99%) Investment Management
17 10 (5.99%) Performance Tuning
17 10 (5.99%) Relational Database

Solvency II
Top Related IT Skills in London by Category

For the 6 months to 6 July 2015, 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 6 (3.59%) SharePoint
2 2 (1.20%) SAS
Applications
1 6 (3.59%) MS Office
1 6 (3.59%) MS Visio
2 5 (2.99%) MS Project
3 4 (2.40%) MS Excel
4 1 (0.60%) MS PowerPoint
Business Applications
1 11 (6.59%) Cognos TM1
2 5 (2.99%) Cognos Business Intelligence
2 5 (2.99%) Markit EDM
3 3 (1.80%) Oracle General Ledger
4 1 (0.60%) Oracle Financials
Communications & Networking
1 2 (1.20%) IMAP
2 1 (0.60%) DHCP
2 1 (0.60%) FTP
Database & Business Intelligence
1 39 (23.35%) Data Warehouse
2 19 (11.38%) SQL Server
3 15 (8.98%) OLAP
3 15 (8.98%) SQL Server Integration Services
4 14 (8.38%) SQL Server Reporting Services
5 12 (7.19%) SQL Server Analysis Services
6 10 (5.99%) Relational Database
6 10 (5.99%) Data Mart
7 7 (4.19%) OLAP Cube
8 6 (3.59%) Oracle Reports
8 6 (3.59%) Oracle Database
9 3 (1.80%) Big Data
10 2 (1.20%) Hadoop
10 2 (1.20%) PowerCenter
11 1 (0.60%) DataStage
11 1 (0.60%) Microsoft Analysis Services
11 1 (0.60%) Data Mining
11 1 (0.60%) RDBMS
11 1 (0.60%) SQL Server 2008
11 1 (0.60%) QlikView
Development Applications
1 6 (3.59%) Subversion
2 1 (0.60%) Visual Studio
General
1 98 (58.68%) Finance
2 7 (4.19%) Back Office
3 6 (3.59%) General Ledger
3 6 (3.59%) Advertising
4 5 (2.99%) Banking
5 1 (0.60%) Retail
5 1 (0.60%) Investment Banking
5 1 (0.60%) Front Office
Job Titles
1 78 (46.71%) Analyst
2 54 (32.34%) Business Analyst
3 31 (18.56%) Project Manager
3 31 (18.56%) Developer
4 26 (15.57%) Solvency II Business Analyst
5 17 (10.18%) Data Analyst
6 16 (9.58%) Solvency II Project Manager
7 14 (8.38%) Insurance Business Analyst
8 12 (7.19%) Business Intelligence Developer
9 9 (5.39%) TM1 Developer
9 9 (5.39%) SQL Developer
10 7 (4.19%) Test Analyst
11 6 (3.59%) PL/SQL Developer
11 6 (3.59%) Business Data Analyst
11 6 (3.59%) Finance Project Manager
12 5 (2.99%) Financial Business Analyst
12 5 (2.99%) Data Warehouse Developer
13 4 (2.40%) Programme Manager
13 4 (2.40%) Programmer
13 4 (2.40%) SQL Programmer
Libraries, Frameworks & Software Standards
1 4 (2.40%) .NET
2 2 (1.20%) XML
3 1 (0.60%) .NET Framework
3 1 (0.60%) MDX
3 1 (0.60%) ASP.NET
3 1 (0.60%) COM
Miscellaneous
1 20 (11.98%) Analytical Skills
2 9 (5.39%) Data Integration
3 7 (4.19%) Data Extraction
4 5 (2.99%) Derivative
5 4 (2.40%) Reference Data
5 4 (2.40%) Visualisation
6 3 (1.80%) Social Media
6 3 (1.80%) Management Information System
7 1 (0.60%) Fixed Income
7 1 (0.60%) Equities
7 1 (0.60%) DTCC
7 1 (0.60%) Mathematics
7 1 (0.60%) Credit Risk
7 1 (0.60%) Market Risk
Operating Systems
1 8 (4.79%) UNIX
2 1 (0.60%) Windows
Processes & Methodologies
1 34 (20.36%) Stakeholder Management
2 32 (19.16%) Business Intelligence
3 26 (15.57%) ETL
4 22 (13.17%) Data Modelling
5 20 (11.98%) Migration
6 18 (10.78%) Project Management
7 15 (8.98%) Business Analysis
8 14 (8.38%) Asset Management
9 12 (7.19%) Data Analysis
9 12 (7.19%) User Acceptance Testing
10 11 (6.59%) Data Migration
11 10 (5.99%) Investment Management
11 10 (5.99%) Performance Tuning
12 8 (4.79%) Risk Management
13 7 (4.19%) Data Governance
14 6 (3.59%) ETL Development
15 5 (2.99%) Business Process Mapping
15 5 (2.99%) GAP Analysis
15 5 (2.99%) Data Management
15 5 (2.99%) Resource Management
Programming Languages
1 45 (26.95%) SQL
2 17 (10.18%) PL/SQL
3 11 (6.59%) T-SQL
4 8 (4.79%) Shell Script
5 5 (2.99%) VBA
6 3 (1.80%) C#
7 1 (0.60%) C
7 1 (0.60%) VB.NET
Qualifications
1 6 (3.59%) Degree
2 4 (2.40%) ISTQB
3 3 (1.80%) ISTQB Advanced Certification
4 1 (0.60%) Six Sigma Green Belt
4 1 (0.60%) ISEB
4 1 (0.60%) SAS Certification
Quality Assurance & Compliance
1 16 (9.58%) GAAP
2 7 (4.19%) Data Quality
3 4 (2.40%) AIFMD
4 3 (1.80%) Basel II
4 3 (1.80%) EMIR
4 3 (1.80%) Dodd-Frank
4 3 (1.80%) MiFID
5 2 (1.20%) QA
6 1 (0.60%) Basel III
System Software
1 1 (0.60%) Active Directory
Systems Management
1 1 (0.60%) HP Quality Center
Vendors
1 19 (11.38%) Oracle
2 14 (8.38%) Cognos
3 8 (4.79%) IBM
3 8 (4.79%) HP
4 7 (4.19%) Microsoft
5 6 (3.59%) Sun
6 4 (2.40%) Informatica
7 3 (1.80%) Business Objects
8 2 (1.20%) Guidewire
9 1 (0.60%) Reuters
9 1 (0.60%) Bloomberg
9 1 (0.60%) Charles River
9 1 (0.60%) VMware
9 1 (0.60%) Cloudera
London
Churchill Frank
Rate: £450 - £500 per day
Posted: 6 days ago
City of London
Venturi
Rate: £375 - £425 per day
Posted: 12 days ago
London
Churchill Frank
Rate: £450 - £550 per day
Posted: 19 days ago
London
HFG
Rate: £750 - £850 per day
Posted: 25 days ago