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 contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 4 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
4 May 2016
Same period 2015 Same period 2014
Solvency II
Rank - 158 135
Contract jobs citing Solvency II 0 3 5
As % of all contract IT jobs located in the North West - 0.077% 0.16%
As % of the Quality Assurance & Compliance category - 0.83% 1.90%
Number of daily rates quoted 0 3 3
Median daily rate - £700 £360
Median daily rate % change year-on-year
- +94.44%
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 North West region.

Quality Assurance & Compliance Category
North West
Contract IT job ads with a match in the
Quality Assurance & Compliance category
331 362 263
As % of all contract IT jobs located in the North West 8.18% 9.27% 8.42%
Number of daily rates quoted 201 193 126
Median daily rate £400 £358 £350
Median daily rate % change year-on-year
+11.73% +2.28%
90% offered a daily rate of more than £263 £275 £220
10% offered a daily rate of more than £588 £518 £500
UK excluding London median daily rate £400 £387 £368
% change year-on-year
+3.35% +5.30%
Number of hourly rates quoted 8 23 29
Median hourly rate £85.00 £20.50 £16.50
Median hourly rate % change year-on-year
+314.63% +24.24%
90% offered a hourly rate of more than £27.70 £14.50 £11.52
10% offered a hourly rate of more than £85.59 £60.00 £40.00
UK excluding London median hourly rate £25.50 £29.00 £21.00
% change year-on-year
-12.06% +38.09%

Solvency II
Jobs Demand Trend in the North West

The demand trend of contract jobs across the North West 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 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 13 Related IT Skills in the North West

For the 6 months to 4 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 North West region with a requirement for Solvency II.

1 2 (66.67%) Finance
1 2 (66.67%) Stakeholder Management
2 1 (33.33%) Resource Management
2 1 (33.33%) Change Control
2 1 (33.33%) FATCA
2 1 (33.33%) Legal
2 1 (33.33%) Risk Management
2 1 (33.33%) MS Project
2 1 (33.33%) MS Excel
2 1 (33.33%) SharePoint
2 1 (33.33%) Microsoft
2 1 (33.33%) PMI
2 1 (33.33%) PMI Certification

Solvency II
Top Related IT Skills in the North West 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 1 (33.33%) SharePoint
Applications
1 1 (33.33%) MS Excel
1 1 (33.33%) MS Project
General
1 2 (66.67%) Finance
2 1 (33.33%) Legal
Job Titles
1 2 (66.67%) Analyst
1 2 (66.67%) PMO Analyst
2 1 (33.33%) Financial Analyst
2 1 (33.33%) HR Analyst
2 1 (33.33%) Programme Manager
2 1 (33.33%) Service Analyst
Miscellaneous
1 1 (33.33%) PMI
Processes & Methodologies
1 2 (66.67%) Stakeholder Management
2 1 (33.33%) Change Control
2 1 (33.33%) Resource Management
2 1 (33.33%) Risk Management
Qualifications
1 1 (33.33%) PMI Certification
Quality Assurance & Compliance
1 1 (33.33%) FATCA
Vendors
1 1 (33.33%) Microsoft