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 5 February 2016 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
5 Feb 2016
Same period 2015 Same period 2014
Solvency II
Rank 153 138 128
Rank change year-on-year
-15 -10
Contract jobs citing Solvency II 3 1 1
As % of all contract IT jobs located in the North West 0.079% 0.032% 0.037%
As % of the Quality Assurance & Compliance category 0.96% 0.33% 0.42%
Number of daily rates quoted 2 1 1
Average daily rate £540 £525 £251
Average daily rate % change year-on-year
+2.85% +109.58%
UK excluding London average daily rate £500 £488 £475
% change year-on-year
+2.56% +2.57%
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
313 299 238
As % of all contract IT jobs located in the North West 8.23% 9.50% 8.79%
Number of daily rates quoted 187 171 113
Average daily rate £425 £369 £361
Average daily rate % change year-on-year
+15.25% +2.07%
90% offered a daily rate of more than £250 £176 £210
10% offered a daily rate of more than £600 £570 £563
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 10 11 22
Average hourly rate £38.75 £17.50 £17.15
Average hourly rate % change year-on-year
+121.42% +2.04%
90% offered a hourly rate of more than £14.50 £15.00 £14.70
10% offered a hourly rate of more than £52.77 £25.00 £40.00
UK excluding London average hourly rate £42.00 £25.00 £17.15
% change year-on-year
+68.00% +45.77%

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
Daily Rate Histogram in the North West

This chart provides a histogram of daily rates quoted in contract IT jobs citing Solvency II across the North West region over the 3 months to 5 February 2016.

Solvency II Daily Rate Histogram in the North West

Solvency II
Contract Job Locations in the North West

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 North West region over the 3 months to 5 February 2016. 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
Manchester -15 2 £540 +2.85%
Cheshire - 1 - -
Solvency II
England

Solvency II
Top 19 Related IT Skills in the North West

For the 6 months to 5 February 2016, 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 3 (75.00%) Finance
2 2 (50.00%) MS Excel
2 2 (50.00%) Stakeholder Management
3 1 (25.00%) SQL Server Integration Services
3 1 (25.00%) Resource Management
3 1 (25.00%) Risk Management
3 1 (25.00%) SQL
3 1 (25.00%) SQL Server
3 1 (25.00%) MS Project
3 1 (25.00%) MS Access
3 1 (25.00%) SharePoint
3 1 (25.00%) Microsoft
3 1 (25.00%) PMI
3 1 (25.00%) PMI Certification
3 1 (25.00%) SQL Server 2008
3 1 (25.00%) Change Control
3 1 (25.00%) FATCA
3 1 (25.00%) SQL Server 2012
3 1 (25.00%) Legal

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

For the 6 months to 5 February 2016, 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.

Application Platforms
1 1 (25.00%) SharePoint
Applications
1 2 (50.00%) MS Excel
2 1 (25.00%) MS Project
Database & Business Intelligence
1 1 (25.00%) MS Access
1 1 (25.00%) SQL Server
1 1 (25.00%) SQL Server 2008
1 1 (25.00%) SQL Server 2012
1 1 (25.00%) SQL Server Integration Services
General
1 3 (75.00%) Finance
2 1 (25.00%) Legal
Job Titles
1 2 (50.00%) Analyst
1 2 (50.00%) PMO Analyst
2 1 (25.00%) Developer
2 1 (25.00%) Financial Analyst
2 1 (25.00%) HR Analyst
2 1 (25.00%) Programme Manager
2 1 (25.00%) Service Analyst
2 1 (25.00%) SQL Developer
Miscellaneous
1 1 (25.00%) PMI
Processes & Methodologies
1 2 (50.00%) Stakeholder Management
2 1 (25.00%) Change Control
2 1 (25.00%) Resource Management
2 1 (25.00%) Risk Management
Programming Languages
1 1 (25.00%) SQL
Qualifications
1 1 (25.00%) PMI Certification
Quality Assurance & Compliance
1 1 (25.00%) FATCA
Vendors
1 1 (25.00%) Microsoft