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 18 September 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
18 Sep 2014
Same period 2013 Same period 2012
Solvency II
Rank 392 411 294
Rank change year-on-year
+19 -117
Contract jobs citing Solvency II 37 14 115
As % of all contract IT jobs located in London 0.15% 0.057% 0.45%
As % of the Quality Assurance & Compliance category 1.94% 0.68% 5.42%
Number of daily rates quoted 29 14 91
Average daily rate
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of your Daily Rate
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£500 £500 £475
Average daily rate % change year-on-year
- +5.26%
90% offered a daily rate of more than £400 £450 £368
10% offered a daily rate of more than £900 £518 £650
UK excluding London average daily rate £475 £475 £421
% change year-on-year
- +12.75%
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
1912 2074 2121
As % of all contract IT jobs located in London 7.82% 8.38% 8.22%
Number of daily rates quoted 1323 1436 1466
Average daily rate £438 £475 £475
Average daily rate % change year-on-year
-7.89% -
90% offered a daily rate of more than £275 £288 £290
10% offered a daily rate of more than £600 £650 £625
UK excluding London average daily rate £375 £355 £363
% change year-on-year
+5.63% -2.06%
Number of hourly rates quoted 31 23 50
Average hourly rate £18.00 £20.00 £18.00
Average hourly rate % change year-on-year
-10.00% +11.11%
90% offered a hourly rate of more than £12.50 £13.97 £12.50
10% offered a hourly rate of more than £37.50 £67.00 £50.00
UK excluding London average hourly rate £20.00 £17.50 £21.00
% change year-on-year
+14.28% -16.66%

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 18 September 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 18 September 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 +38 15 £500 -25.92% 7
Bromley - 2 £450 -
Canary Wharf - 1 £550 -
Solvency II
England

Solvency II
Top 30 Related IT Skills in London

For the 6 months to 18 September 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 28 (42.42%) Finance
2 17 (25.76%) Project Management
3 12 (18.18%) Stakeholder Management
3 12 (18.18%) SQL
4 9 (13.64%) Analytical Skills
5 7 (10.61%) Informatica
5 7 (10.61%) Agile Software Development
6 6 (9.09%) Business Intelligence
6 6 (9.09%) Oracle
6 6 (9.09%) SQL Server
6 6 (9.09%) Data Warehouse
7 5 (7.58%) SharePoint
7 5 (7.58%) Microsoft
7 5 (7.58%) Change Management
7 5 (7.58%) QA
7 5 (7.58%) SQL Server 2008
7 5 (7.58%) Waterfall
7 5 (7.58%) QlikView
8 4 (6.06%) User Acceptance Testing
8 4 (6.06%) BPMN
8 4 (6.06%) Budget Control
8 4 (6.06%) Kimball Methodology
8 4 (6.06%) IMAP
8 4 (6.06%) Business Analysis
8 4 (6.06%) ProClarity
8 4 (6.06%) Sarbanes-Oxley
8 4 (6.06%) Basel II
8 4 (6.06%) Business Objects
8 4 (6.06%) UML
8 4 (6.06%) Actuate

Solvency II
Top Related IT Skills in London by Category

For the 6 months to 18 September 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 5 (7.58%) SharePoint
Applications
1 4 (6.06%) PowerPivot
2 2 (3.03%) MS Visio
3 1 (1.52%) S-PLUS
3 1 (1.52%) MS Project
3 1 (1.52%) MS Office
3 1 (1.52%) MS Excel
Business Applications
1 2 (3.03%) CODA-Financials
2 1 (1.52%) Markit EDM
Communications & Networking
1 4 (6.06%) IMAP
Database & Business Intelligence
1 6 (9.09%) SQL Server
1 6 (9.09%) Data Warehouse
2 5 (7.58%) QlikView
2 5 (7.58%) SQL Server 2008
3 4 (6.06%) ProClarity
4 2 (3.03%) Data Mart
4 2 (3.03%) PowerCenter
5 1 (1.52%) Oracle Reports
5 1 (1.52%) BusinessObjects XI
General
1 28 (42.42%) Finance
2 2 (3.03%) General Ledger
3 1 (1.52%) Marketing
3 1 (1.52%) Legal
3 1 (1.52%) Advertising
3 1 (1.52%) Banking
Job Titles
1 21 (31.82%) Analyst
2 19 (28.79%) Project Manager
3 14 (21.21%) Business Analyst
4 11 (16.67%) Solvency II Business Analyst
4 11 (16.67%) Solvency II Project Manager
5 9 (13.64%) Programme Manager
5 9 (13.64%) Developer
6 5 (7.58%) Insurance Business Analyst
7 4 (6.06%) Business Intelligence Developer
7 4 (6.06%) Business Project Manager
7 4 (6.06%) Business Manager
8 2 (3.03%) Developer Analyst
8 2 (3.03%) Technical Analyst
8 2 (3.03%) Analyst Developer
8 2 (3.03%) Informatica Developer
8 2 (3.03%) Data Analyst
8 2 (3.03%) Data Manager
8 2 (3.03%) Architect
8 2 (3.03%) Process Analyst
8 2 (3.03%) Consultant
Libraries, Frameworks & Software Standards
1 1 (1.52%) XBRL
Miscellaneous
1 9 (13.64%) Analytical Skills
2 1 (1.52%) Fixed Income
2 1 (1.52%) Equities
2 1 (1.52%) Derivative
2 1 (1.52%) Statistics
2 1 (1.52%) Mathematics
2 1 (1.52%) Physics
2 1 (1.52%) Enterprise Software
Operating Systems
1 2 (3.03%) UNIX
2 1 (1.52%) Windows
Processes & Methodologies
1 17 (25.76%) Project Management
2 12 (18.18%) Stakeholder Management
3 7 (10.61%) Agile Software Development
4 6 (9.09%) Business Intelligence
5 5 (7.58%) Change Management
5 5 (7.58%) Waterfall
6 4 (6.06%) Kimball Methodology
6 4 (6.06%) UML
6 4 (6.06%) Business Analysis
6 4 (6.06%) User Acceptance Testing
6 4 (6.06%) BPMN
6 4 (6.06%) Budget Control
7 3 (4.55%) Project Planning
7 3 (4.55%) PRINCE2
7 3 (4.55%) ETL
7 3 (4.55%) PRINCE
8 2 (3.03%) Data Management
8 2 (3.03%) Data Modelling
8 2 (3.03%) Matrix Management
8 2 (3.03%) Test Automation
Programming Languages
1 12 (18.18%) SQL
2 2 (3.03%) Shell Script
3 1 (1.52%) R
3 1 (1.52%) PL/SQL
Qualifications
1 3 (4.55%) Degree
2 2 (3.03%) PRINCE2 Certification
3 1 (1.52%) PhD
3 1 (1.52%) Six Sigma Black Belt
3 1 (1.52%) Six Sigma Green Belt
Quality Assurance & Compliance
1 5 (7.58%) QA
2 4 (6.06%) Sarbanes-Oxley
2 4 (6.06%) Basel II
3 2 (3.03%) FATCA
4 1 (1.52%) EMIR
4 1 (1.52%) CRD IV
4 1 (1.52%) Dodd-Frank
4 1 (1.52%) COREP
4 1 (1.52%) FINREP
4 1 (1.52%) GAAP
4 1 (1.52%) Basel III
Systems Management
1 1 (1.52%) HP Quality Center
Vendors
1 7 (10.61%) Informatica
2 6 (9.09%) Oracle
3 5 (7.58%) Microsoft
4 4 (6.06%) Business Objects
4 4 (6.06%) Actuate
5 2 (3.03%) CODA
6 1 (1.52%) HP
London
HFG
Rate: £750 - £1200 per day
Posted: 16 hours ago
City, London
Oliver James Associates
Rate: £500 - £650 per annum
Posted: Yesterday
London
HFG
Rate: £300 - £450 per day
Posted: 2 days ago
City, London
ReThink Recruitment
Rate: £0.00 per annum
Posted: 6 days ago
London
HFG
Rate: £700 - £900 per day
Posted: 27 days ago