The table below looks at the statistics for Solvency II skills in IT contracts advertised for the North West region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 4 March 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
4 Mar 2015
Same period 2014 Same period 2013
Solvency II
Rank 148 130 115
Rank change year-on-year
-18 -15
Contract jobs citing Solvency II 1 3 4
As % of all contract IT jobs located in the North West 0.029% 0.11% 0.17%
As % of the Quality Assurance & Compliance category 0.38% 1.38% 2.76%
Number of daily rates quoted 1 3 0
Average daily rate
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£525 £251 -
Average daily rate % change year-on-year
+109.58% -
UK excluding London average daily rate £500 £451 £425
% change year-on-year
+10.98% +6.00%
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 North West region.

Quality Assurance & Compliance Category
North West
Contract IT job ads with a match in the
Quality Assurance & Compliance category
262 218 145
As % of all contract IT jobs located in the North West 7.60% 7.92% 6.08%
Number of daily rates quoted 130 117 59
Average daily rate £350 £375 £253
Average daily rate % change year-on-year
-6.66% +48.51%
90% offered a daily rate of more than £170 £223 £125
10% offered a daily rate of more than £525 £510 £475
UK excluding London average daily rate £380 £370 £330
% change year-on-year
+2.70% +12.12%
Number of hourly rates quoted 13 15 11
Average hourly rate £18.50 £19.50 £15.25
Average hourly rate % change year-on-year
-5.12% +27.86%
90% offered a hourly rate of more than £15.00 £11.28 £10.00
10% offered a hourly rate of more than £49.50 £40.00 £55.00
UK excluding London average hourly rate £18.50 £16.50 £20.00
% change year-on-year
+12.12% -17.50%

Solvency II
Jobs Demand Trend in the North West

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

Solvency II Jobs Demand Trend in the North West

Solvency II
Daily Rate Trend in the North West

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

Solvency II Daily Rate Trend in the North West

Solvency II
Top 7 Related IT Skills in the North West

For the 6 months to 4 March 2015, IT contractor jobs across the North West 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 7 (87.50%) Finance
2 6 (75.00%) Stakeholder Management
3 2 (25.00%) Basel II
4 1 (12.50%) MS Project
4 1 (12.50%) Project Management
4 1 (12.50%) Waterfall
4 1 (12.50%) Change Control

Solvency II
Top Related IT Skills in the North West by Category

For the 6 months to 4 March 2015, IT contractor jobs across the North West 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.

Applications
1 1 (12.50%) MS Project
General
1 7 (87.50%) Finance
Job Titles
1 6 (75.00%) Project Manager
2 5 (62.50%) Solvency II Project Manager
3 1 (12.50%) Programme Director
Processes & Methodologies
1 6 (75.00%) Stakeholder Management
2 1 (12.50%) Project Management
2 1 (12.50%) Waterfall
2 1 (12.50%) Change Control
Quality Assurance & Compliance
1 2 (25.00%) Basel II
Manchester
HFG
Rate: £650 - £750 per day
Posted: 19 days ago