The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Manchester region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 22 May 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
22 May 2015
Same period 2014 Same period 2013
Solvency II
Rank 87 77 72
Rank change year-on-year
-10 -5
Contract jobs citing Solvency II 2 1 5
As % of all contract IT jobs located in Manchester 0.13% 0.081% 0.53%
As % of the Quality Assurance & Compliance category 1.41% 1.41% 9.80%
Number of daily rates quoted 2 1 1
Average daily rate
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£738 £600 £350
Average daily rate % change year-on-year
+22.91% +71.42%
UK excluding London average daily rate £478 £451 £405
% change year-on-year
+5.99% +11.23%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Solvency II
North West

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 Manchester region.

Quality Assurance & Compliance Category
Manchester
Contract IT job ads with a match in the
Quality Assurance & Compliance category
142 71 51
As % of all contract IT jobs located in Manchester 9.37% 5.73% 5.41%
Number of daily rates quoted 62 28 25
Average daily rate £325 £325 £308
Average daily rate % change year-on-year
- +5.69%
90% offered a daily rate of more than £238 £235 £125
10% offered a daily rate of more than £450 £458 £438
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 1 8 6
Average hourly rate £11.00 £15.25 £17.75
Average hourly rate % change year-on-year
-27.86% -14.08%
UK excluding London average hourly rate £21.53 £21.00 £17.50
% change year-on-year
+2.50% +20.00%

Solvency II
Jobs Demand Trend in Manchester

This chart provides a 3-month moving total of IT contractor jobs citing Solvency II across the Manchester region as a proportion of the total demand within the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in Manchester

Solvency II
Daily Rate Trend in Manchester

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Solvency II across the Manchester region.

Solvency II Daily Rate Trend in Manchester

Solvency II
Top 7 Related IT Skills in Manchester

For the 6 months to 22 May 2015, IT contractor jobs across the Manchester 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 3 (100.00%) Finance
2 1 (33.33%) Procure-to-pay
2 1 (33.33%) Quality Management
2 1 (33.33%) Stakeholder Management
2 1 (33.33%) Business Continuity
2 1 (33.33%) Risk Assessment
2 1 (33.33%) Project Planning

Solvency II
Top Related IT Skills in Manchester by Category

For the 6 months to 22 May 2015, IT contractor jobs across the Manchester 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.

General
1 3 (100.00%) Finance
Job Titles
1 2 (66.67%) Project Manager
1 2 (66.67%) Solvency II Project Manager
2 1 (33.33%) Business Manager
Processes & Methodologies
1 1 (33.33%) Procure-to-pay
1 1 (33.33%) Quality Management
1 1 (33.33%) Stakeholder Management
1 1 (33.33%) Business Continuity
1 1 (33.33%) Risk Assessment
1 1 (33.33%) Project Planning